Building From Strengths, Filling in Gaps

The Rhode Island Innovation and Entrepreneurship ecosystem

Innovation and Entrepreneurship Inventory

Networks

People Money

Places Enablers

Ideas

Innovation and Entrepreneurship Inventory

Networks

People Money

Places Enablers

Ideas

High Growth Starts

The Problem with Laundry Lists

Missing: Scale, Connectedness, Impact

Where do big ideas come from?

IdeasInstitutional/Govt. Research

NUWC ecosystemLifespan/CNE

University ResearchBrown, URI

Young EntrepreneursRISD, JWU, Bryant, PC, NEIT, RIC, CCRI

Serial EntrepreneursHomegrown & Quality of Life Immigrants

BigCo R&D/Spinoff/RefugeeAPC

Collisions

What Kind of People do we need?

People

160K High Wage Jobs10% Entrepreneurial = 16,0001% Founder Potential = 1,600

What Kind of People do we need?

People

What Kind of People do we need?

PeopleIdea People

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, Developers

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

Serial Entrepreneurs

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

Serial EntrepreneursHundreds

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

Serial EntrepreneursHundreds

Entrepreneurial Support

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

Serial EntrepreneursHundreds

Entrepreneurial SupportThousand

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

Serial EntrepreneursHundreds

Entrepreneurial SupportThousand

Youth Entrepreneurs

What Kind of People do we need?

PeopleIdea People

Researchers, Scientists, Designers, DevelopersHundreds

Serial EntrepreneursHundreds

Entrepreneurial SupportThousand

Youth EntrepreneursThousands every year

Where does the Money come from?

MoneyPre-seed / Seed

Federal ResearchSTAC Grants ($1.5M)Betaspring ($250K planned)Cherrystone AngelsAngel Health

Early StageSlater ($3M)Point Judith CapitalSBA Loans

Expansion StageRI BDCEDC LoansWorkforce Devt. Board

What Networks connect and energize?

What Networks connect and energize?

NetworksIT and Digital Media

Providence GeeksRI NexusOpen CoffeeSlater SushiTechCollective infogroupBetaspringDC401NewB CampFreeGeekNerdsDayNetTech 2.0

Bioscience & MedicalTechCollective biogroupBioTuesdaySlater Sushi

Design & CreativeAIGAIDSAYoung ProfessionalsDxNPecha KuchaConcentric

Universities & CollegesBrown Forum for Enterprise Brown EPJogging with John

Green and Alt EnergyNESEAGreen Drinks

Business Innovation Factory

Place: Clusters happen

Place: Clusters happen

Where do these networks meet and converge?

PlacesSlater (Richmond Square and Davol Square)

RI CIE

AS220 | FabLab

Steelyard

Business Innovation Factory

Wild Colonial

Places of convergence are too spread out

Places of convergence are too spread out

Epicenter of Silicon Valley?

Epicenter of Silicon Valley?

Epicenter of Silicon Valley?

Epicenter of Silicon Valley?

Innovation and Entrepreneurship Inventory

EnablersPublic/Private Partnerships

STACRI Research AllianceEPSCORChamber of CommerceSBDC

LawyersAccountantsMarketers

Ecosystem companiesGraphic and Web Design FirmsContract Design and ManufacturingSpecialist Consultants

Innovation and Entrepreneurship Inventory

NetworksPeople Money

Places Enablers

Ideas

High Growth Starts

Development

Providence: The funk advantage

This? Or This?

Providence: The funk advantage

This? Or This?

Providence: The funk advantage

This? Or This?

Providence: The funk advantage

This? Or This?