Building Ecosystems for High-Growth Entrepreneurship
Young companies are not only leading the path of innovation, they are also responsible for nearly all net job creation in the United States over the last 30 years. For the entrepreneurs leading these companies to succeed on a mass scale, they will need supportive ecosystems to help them thrive. With the goal of identifying optimal strategies for creating a supportive, high-growth entrepreneurship ecosystem, the Entrepreneurship Working Group will explore what lessons can be learned from successes across the country and how organizations from a variety of sectors can help start-ups in their communities flourish.
The Role of Businesses Mature companies can be ideal partners, customers, or subject matter experts for young startups. How can companies in a variety of industries support the next generation of entrepreneurs?
The Role of Universities Universities across the country continue to explore best practices in fostering innovation on campus and beyond. What steps can they take to improve the success rates of startups generated by students and faculty?
Financial Capital Challenges Young companies at every stage of growth need capital to expand and hire, but many entrepreneurs lack a robust local investment community or the necessary contacts to get the funds they need.
Human Capital Challenges Leading a start-up has a steep learning curve, and mentorship from an experienced entrepreneur can go a long way in improving chances for success.
Underserved Populations Women, minority, and low-income populations are chronically underrepresented as founders, investors, and board members, thus limiting their opportunities for success and depriving the country of potential job creators.