Last week I put out a tweet to collect ideas for accelerating the entrepreneurial trajectory of Atlanta, and received a number of excellent ideas. Now, none of these ideas are limited to Atlanta and most are needed in all cities.
Here are 18 ideas for accelerating entrepreneurship in a city:
- Run a billboard campaign highlighting local startups
- Provide free training and courses for local founders
- Develop and support free/subsidized office space for startups like the Atlanta Tech Village
- Organize an accelerator program like Y Combinator
- Launch a YouTube video channel of local startup stories
- Connect local mid-to-large companies with startups
- Get large companies to commit to working on their procurement process to accommodate a certain number of startups
- Drive a public relations campaign to spotlight local entrepreneurs
- Coordinate an “after hours” program for entrepreneurs that have full-time day jobs
- Facilitate formal internship programs across startups
- Engage with local K-12 schools and get kids involved in entrepreneurship at an early age
- Run speed dating events between entrepreneurs and angels
- Partner with the local universities to help more students build businesses while in college
- Educate potential angel investors so that they feel comfortable investing more
- Bootstrapping programs to help startups do more with less
- Curate entrepreneurs-in-residence that help startups
- Find local mentors that want to help startups with no ulterior motive
- Acquire housing options for startups
Wow, that’s a great list. I’m really excited about the ideas and eager to help accelerate the entrepreneurial growth in our community.
What else? What are some more ideas to accelerate a city’s entrepreneurial trajectory?
7 thoughts on “18 Ideas to Accelerate the City’s Entrepreneurial Trajectory”
Congrats, David – sounds awesome!
Wow is right. That is an excellent list. I especially like 11 and 12.
Exciting time to be in Atlanta. Love the ideas. I’ll just say competition always breeds innovation
1. Free office space
2. Regular organized demo days for startups to pitch to groups of enterprise
3. Grants and RFP platform for startups to qualify for revenue opportunities
4. Significant discounts with service providers
Develop a reputable startup screening process that provides a risk factor startup assessment of failure or success. For low probability of success startups decisions could be made that would save costs and prepare staff for the inevitable. For startups with projected success it would motivate the team, plus provide a benchmark to leverage potential investors.
Develop a shared services group to cover early stage companies’ needs at low cost. Create an Atlanta startup association that offers education and training for potential employees with badges so companies can recognize skills; benefits options; purchasing discounts for needed items; single stop company setup – this last one would take governments playing ball also.
#17 – Check. Best in Metro Atlanta http://atlantatechvillage.com/sponsorships/mentors/