How to Build Out a Startup Ecosystem

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In building out your startup ecosystem, consider these points:

Start with five successful serial entrepreneurs.

Identify their sector and type of business.

Interview them on how to multiply those businesses.

Target their sector for growing new businesses.

Figure out what additional resources are needed.

Set up leadership resources to carry the program over a sustained period of time, such as two five-year programs.

Recruit other startups to join through meetups, events, and communications.

Bring in programs and speakers from outside the area to foster the community.

Cater to the non-technical skills as well as the technical ones.

Identify sponsorship support from the local service providers and engage them in the programming.

Showcase the core serial entrepreneurs throughout the program but take care of the administrative and tactical support.

Grow your startup community on those strengths and resources.

Put the entrepreneurs at the foundation of your program.


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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On this episode of Investor Connect, Hall welcomes Zacary Sherman, Director of Strategy and Business Development at cielo24.

Headquartered in Santa Barbara, California, cielo24 has blended the best of human intelligence with AI technology to create caption, transcription, and intelligence data at scale to make video and audio accessible, searchable, and more engaging. They are one of the leading providers of scalable compliance and professional-grade video accessibility solutions (captions, subtitles, transcription, translation, audio description, data tagging, video exploration, and more) for mostly mid-to-large organizations within the education, enterprise, and entertainment verticals.

Zac has been an investment and business strategist for his entire professional career. Prior to cielo24, Zac spent four years on the investments team at Pereg Ventures, a Manhattan and Israel-based venture capital firm investing in early-stage tech startups focused on AI/ML and big data solutions disrupting consumer-driven industries. At Pereg, he led sourcing, research, and due diligence efforts for potential new investments, as well as participated heavily in the active management of the existing portfolio as a board observer on five companies. Zac began his career by spending three years at a special situations hedge fund doing equity and credit research. He graduated from Rutgers University with bachelor’s degrees in Finance and Economics, and is a CFA charterholder. 

Zac advises startups and investors and shares some of the challenges they face. He also discusses the state of startup investing and its evolution.

You can visit cielo24 at www.cielo24.com, via LinkedIn at www.linkedin.com/company/cielo24/,  and via Twitter at www.twitter.com/cielo24.  

Zac can be contacted via email at zacary.sherman@cielo24.com, and via LinkedIn at www.linkedin.com/in/zacary-sherman-cfa-. 

___________________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.