Scale Up Milwaukee, July 22, 2013

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description

Scale Up Milwaukee is an action project focused on developing the entrepreneurial capacity in Milwaukee by bringing together the policies, structures, programs and climate that foster entrepreneurship. Scale Up Milwaukee is based on a model developed by Daniel Isenberg, founding executive director of the Babson Entrepreneurship Ecosystem Projects. Isenberg has worked with entrepreneurship ecosystems abroad, including in Colombia, Brazil and Denmark, fostering policies, structures and cultures that stimulate long-term economic growth, development and prosperity through programs and workshops. Milwaukee is the first community in the U.S. to develop an entrepreneurship program based on this model. The initiative is also backed by Governor Scott Walker and Mayor Tom Barrett as part of a bipartisan effort to grow the economy by stimulating high-growth ventures and encouraging job creation. The long-term strategy for Scale Up Milwaukee is to create an integrated effort to simultaneously impact six domains of the entrepreneurial ecosystem in Milwaukee: Culture, Policy and Leadership, Finance, Human Capital, Markets, and Supports.

Transcript of Scale Up Milwaukee, July 22, 2013

Page 1: Scale Up Milwaukee, July 22, 2013
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Help stakeholders support

entrepreneurs to grow their existing

ventures

• Satisfy market needs

• Generate wealth

• Create employment

• Improve regional fiscal health

• Form and share a growth-

obsessed vision

• Support entrepreneurial

achievement

• Integrate actions & programs

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We are focused on helping generate

growth from existing scalable

ventures

• Strives for extraordinary value

creation

• Has passed the market test (has

revenues)

• Is growth-driven

• Has proven leadership ability

First Priority Next Priority

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April – October 2013

We are developing and executing a

comprehensive set of programs

based on pioneering work of the

Babson Entrepreneurship Ecosystem

Project and Daniel Isenberg.

In the early stages, we are helping

stakeholders support growth-driven

ventures which already have sales

revenues in order to generate “quick

wins” and “quick lessons.”

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One of the biggest challenges – and

biggest opportunities – is to inspire

entrepreneurs to reach high. Too

many people are unfamiliar with

Milwaukee’s history of success.

Google Hangout is used to hold an

ongoing conversation with the

Milwaukee entrepreneurship

community on select Scale Up topics

every other week. The hangouts are

open to the public, recorded and

broadcasted.

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Elected officials are uniquely

positioned to highlight Milwaukee’s

entrepreneurship ecosystem.

Mayor Tom Barrett, Governor Scott

Walker and Milwaukee County

Executive Chris Abele are all

champions of Scale Up and are

dedicating time in support of the

project. Their activities will focus on

three areas: Listening, Visiting and

Celebrating.

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Launching in fall 2013, this pilot

training program will help existing

ambitious ventures that are

generating revenue enhance their

sales tactics and significantly ramp up

their business.

The two-month pilot program will work

with 12-20 companies to establish

tangible value through scale-up

training and ecosystem engagement.

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Targeted workshops are designed to

impact the community conversation

on entrepreneurship.

• Elevating Local Success Stories

Through Faculty Case Writing

• Getting the financial players to

work together

• Entrepreneurship for Professional

Services

• Entrepreneurship Workshop for

Media

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We keep hearing about the

disconnect between Milwaukee

entrepreneurs and local corporations.

To address this, we are planning a

half-day event focused on changing

the dialogue between entrepreneurs &

corporations to serve both sides’ self-

interests.

Topics will focus on innovation,

product development, time to market,

market access, talent, supply chains

and capital. The event will be

regionally visible, include a mix of

multinationals, local leaders, and

scale-up entrepreneurs, and end in

insight, understanding and action.

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In fall 2013, 20-30 public and private

sector leaders will travel to Babson

College to learn about, discuss and

experience entrepreneurial thought in

action, high growth entrepreneurship,

and entrepreneurship policy and

ecosystems, all focused on the

application to Milwaukee.

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ScaleUpMilwaukee.org

@ScaleUp_MKE

301 W Wisconsin Ave

Milwaukee, WI 53203

(414) 272-0588