case study: montana
TRANSCRIPT
© 2013 Ewing Marion Kauffman Foundation
Case Study: MontanaYas Motoyama
DirectorKauffman Foundation
© 2013 Ewing Marion Kauffman Foundation
Bozeman 97K
Missoula 114K
© 2013 Ewing Marion Kauffman Foundation
Key Findings
• Successful entrepreneurs = mentors/investorso RightNow Technologies sold to Oracle for $1.5 billion in 2011
• Lower density of support organizations
• A small degree of separation = supportive people
• High willingness to travelo Bozeman to Missoula = 200 miles
• Entrepreneurs come to Montana for quality of lifeo Both boomerang back and newly settled
© 2013 Ewing Marion Kauffman Foundation
Implications
• Identify and convene successful local entrepreneurs; Include them to discuss local problems and solutions
• Map support organizations in your area, as well as surrounding areas
• Do not compare yourself with Silicon Valley, coastal areas, or big cities. Find beauty in thyself!