State of the Startup Community Address 2017

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2014 2015 2016

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CENTER FOR INNOVATIVE TECHNOLOGY

VIRGINIA

SBDCH A M P T O N R O A D S

SSCA 2016 RecapWhat did we talk about last year?

SSCA 2016 Recap

Makers

Beau Video

Milestones & Achievements

What happened in 2016?

Dominion Enterprises Sold Dominion Marine Media

CIT Invests in Netarus

CENTER FOR INNOVATIVE TECHNOLOGY

App-A-Cab Hits 175,000 Runs

175K

Hillier Fitness Park Approved

Embody LLC gets loan from Innovation Fund

Sera-Brynn Named #7 Hottest Startup in Cyber Security

757 Angels Infuse 12.4mm into the Region

Where do we go from here?

What we can do in 2017

More than embrace...

...empower!

60% of companies employ 5 or less

Economy trending towardssmaller companies

Action Plan

Action PlanEnd Big Game

Hunting Mentality


Hunting MentalityExpand Definition of Entrepreneurship



Education FirstApproach




Elevate the Role of Experiences

End Big Game Hunting Mentality

Put Down The Harpoons

Stop Picking WInners and Losers

Most Companies Will Never Break the 15 Employee Barrier

Lets put in more top down efforts

Creates An Overconcentrated Portfolio

You Wont Outsmart the Market

Maya Video

Expand the Definition of Entrepreneurship

A Big Tent For A Big Issue

High growth and high tech firms

Freelancers and HobbyistsMixed entrepreneurship is the first step

Gig economy too

Buy Buy Buy

Mom & Pop shops embracing digital tools

Mom and Pop and Brick and Mortar Embracing new digial tools

John Porter Video


Put People First

Invest in Human Capital

Knowledge

Creativity

Skills

Abilities

Experience

Innovation

Training

Judgment

Wisdom

Not just attracting new

Enhancing current talent

Culture enhances creative thinking

Education is Scalable

1000 Four

PENINSULATECHNOLOGYINCUBATOR

Bryan Video

Elevate the Role of Experiences

Go do something

Unique Businesses

Escape Room

Xerxes Video

Stop StagnationWhat YOU can do in 2017

EntrepreneursOn the ground action

EmployeesTeam work makes the dream work

Community Supporters

Strength in numbers

Zach D.Norfolk, VA

7 friends9 reviews

2/21/2015I only got to smell the food as they have only FOUR tables! Very disappointed at the size of this place.

Zach D.Norfolk, VA

7 friends28 reviews

2/21/2015Pretty happy. Large slices, yummy choices. We got a half pepperoni half of their special which was sun dried tomatoes and pesto. Will be going back! Great find.

LeadersLead the charge

RecapQuestions?

State of the Startup Community Address 2017

Business

Transcript of State of the Startup Community Address 2017