“Startups Ecosystems” has started to appear in Google Trends and this is a good proof about how important these communities are for many regions and countries in order to achieve a sustainable economic development. Fostering entrepreneurial culture, building startups accelerators, launching competitions, mentoring and seeking funding are some of the main activities that are necessary to support startups.
It is key to have a good and deep understanding about how these startups ecosystems works if we want to get success and make supporting startups more cost effective, efficient and transparent.
One of the players in the startup scene that is understanding quite well these environments is Grow VC Group. Crowd Valley, a Grow VC Group company, now offers a platform and backoffice to many marketplaces and crowdfunding services, not only for startup funding but also to get more effective markets for all kinds of assets. Grow Advisors helps many finance companies, startup ecosystems and investors to build models that can utilize crowdfunding and p2p investing in their investing models. ChangeLab23 builds better usability and software for many growth companies. Grow VC Group is also working to build new co-investing models, and they have a stake in several startup companies as they help to build business for them. This means that Grow VC Group has taken an important role to build enablers and tools for growth companies around the world.
They have one more important component, Startup Commons. Startup Commons is a non-profit organization that was launched at a Kauffman Foundation event this summer. It offers tools including a platform to get startups, experts and investors together to build and develop companies, and components that each startup needs, like a Shareholders’ Agreement template. We also cooperate with other organizations, like Mobile Monday, that globally get mobile professionals together and also build new startups.
Grow VC Group also works with partners that offer tools and solutions for the same needs. One example is UK-based law services company Lawbite that especially has tailored its law services and online packages for entrepreneurs and startups. It is a good example of how the startup and growth company ecosystem needs new solutions. The old models that have worked for corporates don’t work for all companies. Funding, legal services and support communities for a growth company are good examples of those areas where new solutions are coming.
A good understanding is the first step towards the right direction and also is the way to build the future and help next generation of startups to grow smartly, locally and globally.
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