Episode 195: How Entrepreneurial Ecosystems Work to Support Entrepreneurs with Jamie, Christine, and Garrett

Rochester Rising

English - October 14, 2020 10:00 - 54 minutes - 75.1 MB - ★★★★★ - 11 ratings
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Previous Episode: Episode 194: Diane, Donna, and Marie with Sister Seekers

Next Episode: Episode 196: Minnesota-based Business Resources for Entrepreneurs with Christine and Amanda

Today on the podcast I got to chat with some entrepreneurial ecosystem building friends to discuss more about entrepreneurial ecosystems and how they work to support innovators in our communities. Today we connect with Christine Beech, the Executive Director of the Kabara Institute for Entrepreneurial Studies, Garret Lieffring, a Fellow with Lead for Minnesota working for Mankato-based Greenseam, and Jamie Sundsbak, Interim Executive Director at Collider. This September, we all virtually joined in with over 800 entrepreneurial ecosystem builders across the US at the virtual ESHIP summit, which is hosted by the Ewing Marion Kauffman Foundation. Tune into the podcast today as we break down lessons learned and excitement gained from this conference experience to help us all better serve entrepreneurs within our communities.

Music Attribution: Jane Fonda by The Grand Affair is licensed through the YouTube Audio Library.

Episode Breakdown:
0:00 Start
5:07 Intro to our assembled group
7:28 Systemic impacts of racism in entrepreneurial ecosystems and affirmation of the work being done in SE MN
8:44 Christine’s panel discussion at ESHIP about the private/public initiative Launch Minnesota and the role of states in supporting entrepreneurship
10:35 Removing barriers to entrepreneurship through public libraries
11:31 The role of government to connect regional communities and the value of grassroots leadership
13:13 ESHIP as a “church of entrepreneurship” and the resultant excitement and momentum after an ESHIP conference
15:44 Value offered by rural entrepreneurs
16:34 Growth of entrepreneurship during times of economic downturn and the movement of knowledge through an ecosystem
18:12 Making room for new ways of doing
18:44 Leveraging networks and collaborating across startup communities
20:16 Entrepreneurial ecosystem building versus traditional economic development
21:04 Difference between a virtual versus an in-person ESHIP experience
24:19 Validation of hard problems across the field of ecosystem building
25:54 The ease of connection with other ecosystem builders enabled by a virtual conference setting
29:16 Professionalization of the field of ecosystem building
33:23 The role of ecosystem builders to unlock talent and connect entrepreneurs to resources
35:17 The value of thinking on a systems level
36:03 Teaching miners to code in Pikeville, Kentucky and exploring “majors” for entrepreneurial ecosystems
47:36 The importance of regional connectivity to leverage assets
48:43 Wrapup and final thoughts
52:40 End

Other links from today’s show:
ESHIP: https://www.kauffman.org/eship-summit/
Ewing Marion Kauffman Foundation: https://www.kauffman.org/
Kabara Institute for Entrepreneurial Studies: https://www.smumn.edu/about/institutes-affiliates/kabara-institute-for-entrepreneurial-studies
Lead for Minnesota: https://www.leadforminnesota.org/
GreenSeam: https://greenseam.org/
The Startup Community Way: https://startupcw.com/
Forward Cities: https://forwardcities.org/
Keystone Podcast: https://shows.acast.com/the-keystone/
The Unsung Heroes of Ecosystem Building: https://ecosystembuilderhub.com/the-unsung-heroes-of-ecosystem-building/
Bit Source: https://bitsourceky.com/
SOAR: https://www.soar-ky.org/
Launch Minnesota: https://mn.gov/launchmn/

Music Attribution: Jane Fonda by The Grand Affair is licensed through the YouTube Audio Library.

Episode Breakdown:

0:00 Start

5:07 Intro to our assembled group

7:28 Systemic impacts of racism in entrepreneurial ecosystems and affirmation of the work being done in SE MN

8:44 Christine’s panel discussion at ESHIP about the private/public initiative Launch Minnesota and the role of states in supporting entrepreneurship

10:35 Removing barriers to entrepreneurship through public libraries

11:31 The role of government to connect regional communities and the value of grassroots leadership

13:13 ESHIP as a “church of entrepreneurship” and the resultant excitement and momentum after an ESHIP conference

15:44 Value offered by rural entrepreneurs

16:34 Growth of entrepreneurship during times of economic downturn and the movement of knowledge through an ecosystem

18:12 Making room for new ways of doing

18:44 Leveraging networks and collaborating across startup communities

20:16 Entrepreneurial ecosystem building versus traditional economic development

21:04 Difference between a virtual versus an in-person ESHIP experience

24:19 Validation of hard problems across the field of ecosystem building

25:54 The ease of connection with other ecosystem builders enabled by a virtual conference setting

29:16 Professionalization of the field of ecosystem building

33:23 The role of ecosystem builders to unlock talent and connect entrepreneurs to resources

35:17 The value of thinking on a systems level

36:03 Teaching miners to code in Pikeville, Kentucky and exploring “majors” for entrepreneurial ecosystems

47:36 The importance of regional connectivity to leverage assets

48:43 Wrapup and final thoughts

52:40 End