grassroots to global presentation to leos and cecs v22.06.15
TRANSCRIPT
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- Grassroots to Global - Unleashing the collective entrepreneurial power of communities across our country.
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Vision2020Startup Island Entrepreneurship Pathway
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What’s Different about Startup Ireland Partnership?
1. Grassroots up organisation with a focus on actions that will have real impact on the ground
2. Professionals supporting volunteers nationally
3. Not-for-profit Public Private Partnership
4. Committed to the long term
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“It’s my belief that vibrant startup ecosystems will create more successful startups, which lead to more startups. It has to be in this order.
Helping startups plug into their local communities is key, if they’re in a robust local network startups have a much greater chance of success.”Scott Case, CEO of Startup America Partnership
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Commercial Attaches at Embassies
Government
IncubatorsAccelerators
MNCInnovation Managers.
Accountants, Lawyers,
Patent Agents
Researchcentres
Investors
Universities
Professional Service
ProvidersMNCs
State
Agencies
NetworksGroups
Entrepreneurs& Startups
Diaspora
Mentors, Angel Investors
Tech Transfer Offices
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Goals of #SG20151.More people entering the entrepreneur pipeline
across the country and talent being spotted early
2.Grow regional hubs around existing industry
strengths
3.To project internationally Ireland's city region startup hubs in a differentiated and coordinated way.
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5 Days5 Cities
5 IndustriesStart Scale Succeed from
Ireland
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“No longer can entrepreneurship be limited to a small set of risk takers located in a few specific cities.”
Brad Feld
Startup Communities
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What was needed?A strategy that could help get the fundamentals right• Empower individuals to take control of their economic
destiny through entrepreneurship.• Provide pathways across many horizontals in the
entrepreneurial journey • Enable every town and village in Ireland to mobilise
untapped talent in their community and leverage Ireland’s national startup network.
• Hubs – Leveraging the MNCs to help increase the potential for the emergence of hubs based on regional strengths and opportunities.
• Access untapped reserves of volunteerism across the startup sector
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Competitive Start Fund
Enterprise Ireland HPSU
New Frontiers National Entrepreneur Programme
Local Enterprise Offices
Community Enterprise Centres
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CORKSIOBHAN FINN
DUBLINGENE MURPHY
WATERFORDEUGENE CREHAN
GALWAYJOHN BRESLIN
LIMERICKGILLIAN BARRY
CityCoordinators
and CitySteeringGroups
NationalSteeringGroup
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The creation of our ‘Grassroots to Global’ plan
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What did our research find?In order to ignite startup communities that can create successful startups across the country we must create
“Effective engagement”:
• Genuine collaborative activities
• Occurring within an effective network
• Which delivers symbiotic outcomes
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Effective Engagement
Startups
Multinational CompaniesRe
sear
ch C
entr
es State Agencies
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Pathway
Grassroots - The early phase of the startup journey
Seeking traction for their business model with potential team, clients and investors.
Researching, Learning & Training
Person starts testing their opportunity, questionnaires etc
Person decides they want to do something
differently/better
Startup
Discovery
Action
Motivation
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•“What helps foster startup communities are •regular occurring initiatives/events by the •community for the community.”
Brad Feld
Startup Communities
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Pathway
Toolkit – For community empowerment of entrepreneurs
Showcase
Passport
Bootcamp
Person decides they want to do something
differently/better
Startup
Discovery
Action
Motivation
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Participant6 modules - 3 hours eachNetworking & scope to next step
NetworkNetwork Partner InputsEnterprise Ireland module on supports available, BOI input
Delivery Partners: CECs & LEOsNew reach to new types of client
Pipeline
R&D + JobsShowcasing Ireland to parent company (LinkedIn & Google)
Multinationals
Effective Engagement
Startup Ireland Passport Benefits
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ParticipantLearning by doing in a multidisciplinary teamConnection to the next step along the pathway
NetworkNetwork strengthened through mentors from MNCs and referrals to support agencies
Talent Pipeline is strengthenedIncreased exposure to startup culture
Pipeline
Network density is created through Mentors being recruited from the Industry Strengths corporates in the areas
Multinationals
Effective Engagement
Startup Ireland Bootcamp Benefits
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Participant6 Pitching skills, Negotiation skills & Networking
Network Network strengthened through connecting with LEOs, EI New Frontiers
Strengthened both domestically and internationally Increased pitching knowledge
Pipeline
Multinationals get exposure to startups in their industry area
Multinationals
Effective Engagement
Startup Ireland Showcase Benefits
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•“At stake is nothing less than the continued economic vitality of towns, cities & regions.”
Brad Feld
Startup Communities
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•“When localities focused on fostering and stimulating startups, they could change their own economic futures in dramatic and fundamental ways.”
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New technology is the great equaliser
Fintrax founder sells up for €170m to private equity firm, 'biggest deal in Gaeltacht history‘ out of Tully Business Park, Ballinahown, Galway
Stockbyte, the Co Kerry-based stock photographs company, bought out by multinational Getty Images for $135m.
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Progress to Date – NACEC
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“It takes a community to raise a child. Equally it takes a community to raise a successful startup and a county to raise a successful scaleup.”
•Gillian Barry • Limerick Startup
Gathering • City Region Coordinator
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•If not us, who?
•If not now, when?