Entrepreneurial Ecosystems

Entrepreneurial Ecosystems

Let us be clear, that increasing the number of start-ups does not necessarily lead to economic growth, and when it does the results are slow in becoming apparent within the local economy. However, when working to develop an ecosystem we involve parties as diverse as the following:

  • Finance: Includes access to debt; access to venture capital; access to grants; access to angels; banks; microfinance institutions; public capital markets; development finance institutions; government finance
  • Business Support: Includes industry networks; incubators/accelerators; legal/accounting services, business mentors and technical advisers; credit rating agencies
  • Policy: Includes tax rates; tax incentives; costs to start a business
  • Markets: Includes domestic corporations; international corporations; consumers; distribution networks; retail networks; marketing networks
  • Human Capital: Includes high schools; universities; technical training institutes; community colleges
  • Infrastructure: Includes electricity providers, transport providers; communications (mobile, internet); other utility providers (gas, water)
  • Research & Development: Includes public research centres and laboratories; private research centres and laboratories
  • Culture: Includes media, government, schools, professional associations, social organizations that support a culture of entrepreneurship

We are eager to do more work in this field and are delighted to work with jurisdictions of all shapes and sizes to increase our experience and learning in this field.