Creative Entrepreneurs & the Digital Economy

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PHOTO: Sofia Torrao Art, Culture, & Markets A Brave New (Digital) World Alice Loy, PhD Creative Startups

Transcript of Creative Entrepreneurs & the Digital Economy

PHOTO: Sofia Torrao

Art,

Culture, &

Markets

A Brave New (Digital)

World

Alice Loy, PhD

Creative Startups

Connect, Engage

@createstartups

@aliceloy

@USEmbPortugal

#lisboa

#startups

#portugal

PHOTO: Sofia Tor

New Worlds

1 in 3 unemployed

PHOTO: RAUL LIEBERWIRTH

1 in 3 hungry

Old

Culture

Spain

Albuquerque

Entrepreneurship

Strategies

• Host conversations & engage via

social media

• Create entrepreneurial ecosystems

• Invest in creative/cultural

entrepreneurs

• Go deeper, not wider

“Cultural

entrepreneurship

allows a community

to take its unique

voice to the world.”~ Regis Pecos, Cochiti Pueblo

"Empreendedorismo

cultural permite a

comunidade levar sua

voz única ao mundo. ”~ Regis Pecos, Cochiti Pueblo

The brave sailor - entrepreneur

• Define entrepreneurship

“Cultural entrepreneurs are functional navigators

--skillful alchemists--combining aspects and

processes from multiple systems to create

cultural balance and improved livelihoods for

their families and communities.”

"Os empresários culturais são navegador funcionais

--alquimistas habilidosos--combinando aspectos e

processos de sistemas multiplos para criar equilíbrio

cultural e melhorar os meios de subsistência para as

suas famílias e as suas comunidades."

Creative Entrepreneurs = Cultural Ambassadors

“Você tem que

começar de onde

você veio em

primeiro lugar.”

~ Jon Sims

“You’ve got to start

from where you

come from, first.”~ Jon Sims

Innovation + Tradition

Centinela Traditional Arts, Chimayó

Centinela Traditional Arts:

Converting Visitors into Customers

“Over half our sales come through the Internet – from Japan. Once tourists come here, tour

the shop, and see how beautiful our weavings are, they stay customers forever.”

"Mais de metade das nossas vendas vêm de através da Internet - do Japão. Uma vez queos turistas vêm dela, visitar a loja, e ver como

bela nossos tecelagens são, eles ficamclientes para sempre. "

Direct to Customer

Channel Options

Tunecor

e

music

Creative and Cultural Economy

Creative/Cultural

Clusters

Creative/Cultural

Entrepreneurs

Web

Developers

Creative

ClassesDesigners

Videographers

Photographers

Gaining A Competitive Position in

Creative Economy

Visual

Artists

Creative

Writers

Policy

Human Capital

Markets

Support

Culture

Finance

Entrepreneur

Ecosystem

• Accelerator

Interactive Online Course

5 Day

Deep

Dive

40+ Mentors

Human Capital

• Increased knowledge and

skills among creative

community

•Startups launch with more

•expertise in technical

areas of business

Markets

•Connections to markets

through networks and

mentors

•Greater awareness of

market opportunities

beyond ABQ

Support

•Mentors’ ongoing

•600+ Hours of Mentoring for

creative entrepreneurs

•Network of creatives

supporting one another

Finance

•Angel and vc investors

attend CS “Pitch Day”

•Top Finalist raises follow on

funding from 10+ investors

• Increased awareness of

“fundability” of creatives

Policy

•Establishing ABQ Office of

Creative Industries, funded by

City of ABQ.

•Research on creative

industries funded by state

govt.

Culture

• Increased number of and

attendance at creative

economy events

•99u and CreativeMornings

presence in ABQ

Creative Startups Accelerator Key Outcomes 2014

MeasureableBefore CS

Accelerator

After CS

Accelerator

%

Increase

Jobs CreatedFull Time = 25

Part Time = 40

Full Time = 54

Part Time = 65

216%

163%

Investment Raised $22,000 $965,000 4,386%

Mentor Time

Contributed to Date700 hours

Companies

Launched10

Be yourself.

Everyone else is taken.

~ Oscar Wilde

Seja você mesmo. todo

mundo está tomado.~ Oscar Wilde

“Unless communities can think about what

they have to offer themselves, they’ll either

get stuck trying to be what another place

already is, or be held back trying to be

something they used to be.”

~ Nate Berg

"A menos que as comunidades podem pensar

sobre o que elas têm para oferecera, elas ou vão

quer ficar presas tentdo ser o que outro lugar já é,

ou serão retidas tentando ser algo que

costumavam ser. ”

~ Nate Berg

PHOTO: Nelson Lourenço

[email protected]

www.slideshare.net/aliceloy

www.aliceloy.com

www.creativestartups.org

@aliceloy

Facebook.com/createstartups

@createstartups

www.pinterest.com/createstartups/