The Last Mile: Building an innovation ecosystem to support technology entrepreneurs

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© 2007 by the Ewing Marion Kauffman Foundation. All rights reserved. Innovation Ecosystem Faculty-Firm-Not for Profit Consulting/ Sponsored Research Open Collaborations

description

The last mile in the development of a new venture, moving from feasible concept to business, can result in the venture never starting. Entrepreneurs, especially those in rural communities, often lack access to the resources and expertise needed to harden the concept and convert it to an operating business. In 2009, the N2TEC Institute launched a unique summer accelerator program that included an AI2V intensive workshop and an eight-week period that addressed the critical knowledge, expertise, and resource issues of the participants by surrounding them with a team of mentors and experts. The result was the launch of five new businesses in South Dakota and one in Oregon. Participants were selected from a national call for technology entrepreneurs willing to move to Sioux Falls for the summer, receive a stipend of $15,000, and work aggressively toward the launch of their business.

Transcript of The Last Mile: Building an innovation ecosystem to support technology entrepreneurs

Page 1: The Last Mile: Building an innovation ecosystem to support technology entrepreneurs

© 2007 by the Ewing Marion Kauffman Foundation. All rights reserved.

Innovation Ecosystem

Faculty-Firm-Not for Profit Consulting/ Sponsored Research

Open Collaborations

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iBridge  Network  

 The  iBridge  Network  provides  the  centralized  online  source  for  research  and  innova9ons.  

 Drive  transparency  and  access  to:  •  University  developed  innova9on  •  Thought  leaders  and  exper9se  •  Ideas  and  informa9on  

hBp://www.iBridge  Network.org  

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Kauffman Entrepreneur Postdoctoral Fellowship Program Fall 2009 Workshop

Kauffman Entrepreneur Postdoctoral Fellows

Brigham & Women’s Hospital Brown University Carnegie Mellon Duke Georgia Tech MIT Stanford UC Davis UC Irvine Univ of Florida Univ of Louisville Univ of Michigan * Univ Wisconsin-Madison

* Funded by New Economy Initiative (Michigan)

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