Creating a Dynamic and Creative Culture

Innovation Driven Enterprises

By Kelly Schwedlandkellys@elevateventures.com

PROMOTING BUSINESS STARTUPS

EducationNetworkingFinancial and

Investment support

BIG IDEA #1

Innovation Driven Enterprisesvs

Small and Medium Enterprises

*Kauffman research: A TALE OF TWO ENTREPRENEURs: Understanding Differences in the Types of Entrepreneurship in the Economy

BIG IDEA #2

Information and Communications Technology Are driving the largest number of high paying jobs.

Distribution of these jobs continues to geographically disperse

*Kauffman Resaearch: Tech Starts: High-Technology Business Formation and Job Creation in the United States

BIG IDEA #3

Advances in IDE Startup Methodology- Lean Launchpad and the NSF

*Steve Blank: The Startup Owners Manual

*Courtesy of Alex Osterwald Business Model Canvas

BIG IDEA #4

Investment Readiness Level

INVESTMENT READINESS LEVEL

Mkt Size/Competitive analysis

Complete first-pass canvas

Problem/Solution Validation

Low Fidelity MVP Experiments

Validate Product/Market fit

Validate right side of canvas

Prototype High-Fidelity MVP

Validate left-side of canvas

Validate metrics that matter

Friends and Family

Angel investors

Venture Capital

None

*Courtesy of Steve Blank, Lean Launchpad training for Incubators and Accelerators course

BUILDING A STARTUP ECOSYSTEM

Team BuildingIdea TestingSmall InvestmentsHigh Growth MentorsAcceleration ProgramsInvestment Capital

*Brad Feld: Startup Communities: Building an Entrepreneurial Ecosystem in Your City

slideshare.net/KellySchwedland