tech entrepreneurship as an opportunity builder

Tech Entrepreneurship as an Opportunity Builder

Kapor Center for Social Impact

Cedric BrownManaging PartnerKapor Center

Brian DixonInvestment AssociateKapor Capital

Mike GreenCo-Founder & Executive DirectorScaleUp America

Justin Davis &Mario LugayProgram OfficersKapor Center

Travis McCreadyVice President for ProgramsBoston Foundation

Gregorio RojasFounderSabio

Welcome & Pivot


Kapor Center for Social Impact@KaporCenter

Why Tech Entrepreneurship?

•Tech entrepreneurship fosters healthy competition and dynamism in a global economy. (Larry Summers, Economic Policy Council)

•Facilitates the incorporation of the new technologies that fuel economic growth. (Summers)

•Startup companies in the United States reliably create many more jobs than existing companies. (Kauffman Foundation)



Why Tech Entrepreneurship?

•Diverse entrepreneurs address diverse issues, helping to mitigate a variety of pressing economic, political, and social issues.



What We Hope to Accomplish

•Demystify basics of tech entrepreneurship

•Inform and inspire the further development of a tech entrepreneurship ecosystem in your community



Agenda

•Questions•Quiz•Quick Wits•Questions•Quest



Questions



Quiz

Need reps from four cities



Q1: Which of the following are crucial contributors to any local tech ecosystem & economy?

A) Engineers & DesignersB) Funders & Business AdvisorsC) Mentors & Serial EntrepreneursD) Robust Legal & Media Sectors



Q1: Which of the following are crucial contributors to any local tech ecosystem & economy?

A) Engineers & DesignersB) Funders & Business AdvisorsC) Mentors & Serial EntrepreneursD) Robust Legal & Media Sectors

Giveaway question – all are important!



Q2: Frederick Hutson, the founder of Pigeonly, a tech startup featured in the NY Times, had which of the following backgrounds before coming into the tech sector?

A) Urban ZoologistB) Bicycle CourierC) Cannabis DistributorD) Philosophy Major



Q3: Y Combinator, NewMe, TechStars, and 500 StartUps are examples of cohorts that are crucial to the survival of startups. What are those cohorts called?

A) IncubatorsB) AcceleratorsC) GeneratorsD) Technovators



Q4: When seeking capital, tech entrepreneurs should be prepared to explain the MVP. What is an MVP?

A) Minimum Viable Product B) Mechanically Vital Production C) Max. Vulnerability Projections D) Most Vociferous Prayer



Q5: Which of the following Oakland-based organizations help youth to learn coding/software development and entrepreneurship possibilities?

A) Hidden Genius ProjectB) Hack the HoodC) Youth RadioD) All of the above



Q5: Which of the following Oakland-based organizations help youth to learn coding/software development and entrepreneurship possibilities?

A) Hidden Genius Project hiddengeniusproject.orgB) Hack the Hood

hackthehood.org

C) Youth Radioyouthradio.orgD) All of the above



Quick Wits

Examples from around the Nation:Mike Green, ScaleUp AmericaTravis McCready, Boston FoundationGregorio Rojas, Sabio



Quick Wits

Mike Green, ScaleUp America



ScaleUp America

Innovation, Inclusion, Impact

Mike GreenCo-founder, Executive DirectorScaleupcampaign.org

Whose JOB is it to fix this?

The unemployment rate among African Americans has been twice the national rate nearly every year consistently since Dr. Martin Luther King was decrying the inequities of America’s economics in the 1960s.

ScaleUp America

Mike GreenCo-founder, Executive Director@amikegreen2

Acceleration of Innovation

Economy

Agriculture19th Century

Manufacturing20th Century

Innovation21st Century

What does this mean?ECONOMIC TRANSITIONS IN AMERICA

ScaleUp America


STEM / STEAMEDScience, Technology, Engineering, Arts, Math,

Entrepreneurship, Design

EntryPoint

TechWorkers

TechStartups

ScaleUp America


42%

SHIFTING DEMOGRAPHICS

What does this mean?

ScaleUp America


Startups produced nearly ALL net new jobs in America since 1980!

Source: Kauffman Foundation

ScaleUp America


America needs more job creators!

WHO WILL CREATE THEM?

Karen MillsSmallBusinessAdministration

ScaleUp America


America’s Innovation Economy is fueled by entrepreneurs developing TECH STARTUPS.

TECH STARTUPS are fueled by Innovation Clusters that form Local Innovation Ecosystems.

Metros are primary places for STARTUP DENSE corridors and clusters.

Black and Hispanic entrepreneurs live right next door to many of these ecosystems but remain disconnected from them.

America’s STARTUP CULTURE

Can you map the Local Innovation Ecosystem in your region?

1. Change the economic narrative across urban and rural America

2. Promote Inclusive Competitiveness as a bipartisan vision and 21st century economic imperative

3. Connect economically disconnected communities to local innovation ecosystems and opportunity

ScaleUp America brings communities together to develop a common vision

of Inclusive Competitiveness and work collaboratively toward

developing economic inclusive frameworks to increase job growth

and regional economic competitiveness.

INCLUSIVE COMPETITIVENESS SUMMIT

EDUCATION COMMUNITY POLICY FUNDING

DEVELOPMENT INDUSTRY ENTREPRENEURS COMMUNICATIONS

K-12 Public SchoolsCharter / Private SchoolsFaith-based schoolsVocational schoolsCommunity CollegesUniversities

Social / Health orgsCommunity DevelopmentHousing / ResidentialFaith-basedNon-government orgsParent / Student groupsFraternities/SororitiesLegacy Nonprofits

GovernmentPublic-Private AlliancesFoundationsProfessional AssociationsElect/Appointed OfficialsWealthy/Powerful Individuals

Government/TaxpayersBanks / Financial orgsFoundationsPensionsPrivate EquityVenture CapitalAngel InvestorsCrowdfunders

Economic DevelopmentTech-Based Eco DevRegional Development Orgs (CEDS Planning)Real Estate DevelopmentPublic-Private PartnersFaith-based Eco DevUniversities

CorporationsMature Large / Small BizSuccessful StartupsGazellesProfessional AssociationsFraternities/Sororities

EntrepreneursAssociationsIncubatorsAcceleratorsConference/CompetitionsActivities/MeetupsHackathonsStartup Weekends

MediaPublic RelationsCorporationsGovernmentFoundationsPolicymakersNewsmakers/PunditsColumnists

Collaboration: Communities of Influence

IDENTIFYING WHAT WORKS

TechnologyAccess

Foundation

State of Ohio Board of Regents

Connect to Resources to Scale Up

How do we start?• Create Awareness• Catalyze Collaboration: Policy, Vision, Strategy• Map Regional Assets• Impact Investing with measurable results

Contact Information

Mike GreenCo-founder , Executive Director ScaleUp America@amikegreen2 | scaleupcampaign.org

Quick Wits

Travis McCready, Boston Foundation



Quick Wits

Gregorio Rojas, Sabio



Change The Conversation

A startup approach

Gregorio RojasFounder@g8Rojas

Liliana MongeFounder@MongeLiliana

SabioA Developer Community For Allhttp://sabio.la

The World of STEM


Gregorio RojasFounder@WeSabio

Big Slow

Startups



Fast

Fail Fast

Improve

Results

Technology

Focused Fast



Focus

Technology• Code



Focused - Fast - Flexible8 Weeks of

Prep

10 Weeks of Training

Job in Any Industry

Surpass Median HH Income



Jump the Line



Source: http://www.businessinsider.com/heres-median-income-in-the-us-by-race-2013-9

Share This



It’s not as hard as you

think

Share This



Fun

&

Easy

Contact Information

Liliana MongeFounder@MongeLiliana

Gregorio RojasFounder@g8Rojas

Sabio.laA Developer Community For All@WeSabio – [email protected]

Questions?



Quest

Divide into small groupsDiscuss ideaPitch to panelPanel awards prizes



Quest

Create a campaign, event, or activity that will catalyze tech entrepreneurship opportunities in our communities.



Contact Information

Kapor Center for Social Impact@kaporcenter | www.kaporcenter.org

Mike GreenScaleUp America@amikegreen2 | www.scaleupcampaign.org

Travis McCreadyThe Boston Founation@TravisMcCready | www.tbf.org

Gregorio Rojas@WeSabio | www.sabio.la

http://www.kaporcenter.org/

http://www.scaleupamerica.org/



http://www.tbf.org/

http://www.sabio.la/

Many thanks!



tech entrepreneurship as an opportunity builder

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