Components of a Startup Ecosystem

A startup ecosystem is a network of startups, investors, and others who come together to foster startup formation and growth.

It is fueled by talent, funding, and customers.

In building your startup community, tap successful serial entrepreneurs to lead.

Use their star power to capture attention and draw investors and startups to your area.

Focus your efforts on the strengths of the local community and build startups in those domains.

Develop clusters of startup activity to create density as it’s the interactions between the startups, investors and providers that count.

Foster collaboration with other startup ecosystems to share resources.

Generate publicity for your ecosystem through events and articles.

Metric your results by capturing the number of startups formed, funded, and exited.

Building a robust startup ecosystem takes a decade, but the results will last many more years.   

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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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.