Startup Commons

  • Startup Commons
    • About Us
    • Our Team
    • Our Customers
    • Services And Pricing
    • Our Business Model
    • Our Digital Solutions
    • Our History
    • Contact Us
    • Partner With Us
    • Request For Speakers
    • Job Opportunities
    • International Internships
  • Business Creators
    • About Business Creators
    • Creating Businesses
    • What Is A Startup
    • Startup Development Phases
    • Growth Academy Elearning Platform
    • Founders Shareholders' Agreement and Team Building Online Training
  • Support Providers
    • About Support Providers
    • Learn About Startup Ecosystem
    • Startup Development Phases
    • Providing Support Functions
    • Innovation Entrepreneurship Education
    • Innovation Entrepreneurship Curriculum
    • Growth Academy eLearning Platform
    • Certified Trainers
    • Become Growth Academy Provider In Your Ecosystem
    • Growth Academy Training On-Site By Startup Commons
  • Ecosystem Development
    • About Ecosystem Developers
    • What Is Startup Ecosystem
    • Ecosystem Development
    • Ecosystem Development Academy eLearning Platform
    • Subscribe to Support Membership
    • Ecosystem Operators
    • Development Funding
    • For Development Financiers
    • Startup Ecosystem Maturity
    • Case Studies
    • Submit Marketplace App Challenge
    • Become Ecosystem Operator
  • Digital Transformation
    • Digital Transformation
    • Ecosystem Operators
    • Apply To Become Ecosystem Operator
    • Applications Partnership
    • Ecosystem OS
    • Circle Pass User Accounts
    • General Data Protection Regulation (GDPR)
    • Digital Ecosystem Applications
    • App Developers
  • Contact Us
  • Startup Commons
    • About Us
    • Our Team
    • Our Customers
    • Services And Pricing
    • Our Business Model
    • Our Digital Solutions
    • Our History
    • Contact Us
    • Partner With Us
    • Request For Speakers
    • Job Opportunities
    • International Internships
  • Business Creators
    • About Business Creators
    • Creating Businesses
    • What Is A Startup
    • Startup Development Phases
    • Growth Academy Elearning Platform
    • Founders Shareholders' Agreement and Team Building Online Training
  • Support Providers
    • About Support Providers
    • Learn About Startup Ecosystem
    • Startup Development Phases
    • Providing Support Functions
    • Innovation Entrepreneurship Education
    • Innovation Entrepreneurship Curriculum
    • Growth Academy eLearning Platform
    • Certified Trainers
    • Become Growth Academy Provider In Your Ecosystem
    • Growth Academy Training On-Site By Startup Commons
  • Ecosystem Development
    • About Ecosystem Developers
    • What Is Startup Ecosystem
    • Ecosystem Development
    • Ecosystem Development Academy eLearning Platform
    • Subscribe to Support Membership
    • Ecosystem Operators
    • Development Funding
    • For Development Financiers
    • Startup Ecosystem Maturity
    • Case Studies
    • Submit Marketplace App Challenge
    • Become Ecosystem Operator
  • Digital Transformation
    • Digital Transformation
    • Ecosystem Operators
    • Apply To Become Ecosystem Operator
    • Applications Partnership
    • Ecosystem OS
    • Circle Pass User Accounts
    • General Data Protection Regulation (GDPR)
    • Digital Ecosystem Applications
    • App Developers
  • Contact Us

Case Study - City of Barrie: Making The Transition from Entrepreneurship To Startup Ecosystem

15/3/2016

Comments

 
Picture
Overview

The role of technology startups in our global economy has never been more important. Startups may seem insignificant compared to large multinational companies that have trillions of dollars of wealth sloshing around in public markets, but a Kauffman Foundation study found that the majority of job growth in the United States is driven by technology startups. The power of information technology has been steadily increasing for the last three decades and has recently reached a level of maturity that has started to trigger a reorganization of the global economy. It has never been easier or cheaper to create a startup thanks to infrastructure like open source software, software as a service, cloud hosting, globally ubiquitous payment processing, viral distribution channels, real-time collaboration, on demand logistic services and hyper-targeted advertising.

As a result, the pace of change is speeding up and the implications of this are immense. Billion dollar startups are emerging faster and faster. Given the innovative startups’ critical role in the information economy, the importance of healthy startup ecosystems only stands to increase in the future, being this the reason why local, regional and national governments across the world are establishing programs to support tech entrepreneurs in an effort to stimulate economic growth and job creation.

Background

The City of Barrie has a strong entrepreneurial ecosystem background with key players like Invest Barrie, Henry Bernick Entrepreneurship Centre at Georgian College or VentureLAB. Its target is to make the transition from entrepreneurship to startup ecosystem and wants to encourage technology entrepreneurs to start and grow global businesses that will create more jobs, boost Barrie’s economy, strengthen global connections and make the city a more desirable place to live, work and visit.

Barrie’s tech startup ecosystem is in the very early stages of development and they face challenges like lack of volume factor, limited access to investment, key services and activities, as well as a framework in place to break with silo mentality and implement a holistic approach that can bring more connectivity, measurement and benchmarking to its startup ecosystem.

Solution

Initial two days kick off workshop to build mutual understanding of the current level of Barrie's startup ecosystem and services, to figure out what development and focus is required first and which parts of this development would benefit the most to begin with. This allows to then set a clear target and milestones, along with a specific plan, timeline and budget to reach the set target.

Deliverables

As part of running the workshop, the main covered steps were:

  1. Built SWOT analysis at city level for mutual knowledge building and vision alignment, taking into consideration the local, regional and national starting levels of entrepreneurial culture and activity and different phases in the startup lifecycle
  2. Initial startup ecosystem mapping, including key organizations, their services and activities. Identified their key bottlenecks and blind spots, as well as current knowledge, support and training activities
  3. Specific knowledge about the startup ecosystem framework for joint coordination and to further digitize the startup ecosystem for systematic mapping and visualization, as well as connectivity improvement, monitoring, measurement and benchmarking
  4. Specific knowledge about how to connect with digital investing and lending ecosystems to promote startups and showcase them to global investors
  5. Timeline building for the next 3 years
  6. Defined the measurements at local level to be used to measure the innovation output together with the levels of entrepreneurial and investment activity
  7. Roadmap plan for the next 12 months

Startup ecosystem development is no longer a concept just for big cities. Smaller cities are making a step forward, leveraging their size to be not only faster and more flexible for coordination activities, decision making and services implementation but also to find the room to collaborate with other bigger startup ecosystems.

If you are planning to initiate similar transition or improve your current one, please take 30 secs to check here your startup ecosystem maturity level and then contact us for consultation.


This is originally posted by Startup Commons Team. You are free to re-edit and repost this in your own blog or other use under Creative Commons Attribution 3.0 License terms, by giving credit with a link to www.startupcommons.org and the original post
Comments
    Our Services
    Supporting startup ecosystem development, from entrepreneurship education, to consulting to digital infrastructure for connecting, measuring and international benchmarking.
    Picture
    ​Subscribe for updates
    Startup ecosystem development updates with news, tips and case studies from cities around the world. 
    Subscribe

    Join Us?

    Are you interested to join our global venture to help develop startup ecosystems around the world? 
    Learn more...
    ​

    Archives

    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    January 2021
    November 2020
    June 2020
    May 2020
    April 2020
    March 2020
    October 2019
    June 2019
    February 2019
    November 2018
    October 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    May 2017
    February 2017
    December 2016
    July 2016
    March 2016
    February 2016
    January 2016
    November 2015
    October 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    July 2013
    June 2013

    Categories

    All
    Accelerator
    Africa
    Asia
    Australia
    Commitment
    Concepting
    Design
    Digital
    Ecosystem
    Establishing
    Europe
    Event
    Growth
    Incubator
    Infrastructure
    Innovation
    Investment
    Leadership
    Lean Startup
    Mentor
    North America
    Report
    Scaling
    Startups
    Team
    Validation
    Vietnam
    Vision

    RSS Feed

Startup ECOSYSTEM DEVELOPMENT
To Scale INNOVATION Entrepreneurship

Business
​Creators

What is a Startup?
Startup Development Phases
Business Creation
​
Growth Academy eLearning 

​​Support
​Providers

Supporting Startups
​
Startup Curriculum
​
From Technology Transfer to Open IPR
Support Providers
​Knowledge Center
​
Funding Sources
Growth Academy eLearning ​

​​Ecosystem
​Developers

What is Startup Ecosystem?
​From Innovation Ecosystems to Startup Ecosystems
Startup Ecosystem Development
Startup Ecosystem Maturity
Ecosystem Developers 
​
Development Funding 

Ecosystem Operators

About Ecosystem Operators
Funding Sources
​Digital Ecosystem Applications

EcosystemOS​


Picture
Subscribe to our mailing list
Entrepreneurship, innovation and startup ecosystem development updates, with news, tips and results from cities and organizations around the world.  #startupecosystem
Subscribe
Growth Academy eLearning | Resources | Blog
Join Us | Sharing Policy
Picture
Service by Digiole Oy
​© 2023 Digiole Oy some rights reserved