Ecosystem Builders

helping communities thrive

[Ecosystem Builders @EcosysBuilders]

Local ownership is at the core of how communities thrive.

We know what drives positive changes in local ownership – having more new businesses start in your community annually than those that close down.

Our actions need to prioritize achieving that.

[TechRev York @TechRevYork]

Did you know that Black business owners have on average 12x the net wealth of Black wage-earners?

Black-owned businesses also "have a remarkable multiplier effect in saving jobs and preserving the economic security of families."

https://t.co/pdNI7Apfuu

[Anika Horn @AnikaHorn]

New businesses create almost ALL NET NEW JOBS.

Translated: Companies less than 5 years old drive more economic growth than big corporations.

For the folks in the back: Entrepreneurship > big business.

#ecosystembuilding #transformingcommunities #SCNPolicySummit

[Ecosystem Builders @EcosysBuilders]

This would be a huge boon for ecosystems!

R&D is the single most difficult to replace ingredient in any local entrepreneurial ecosystem. It is too often sequestered in isolated suburban complexes or in small college towns, which can limit local industry interactions & spillover.

[Jim Russell @ProducerCities]

Central R&D district: "Research & development, which before was confined to more spacious suburban & rural areas, as comparable to life sciences ...The appeal is about promoting a use that cannot easily be done at home" https://t.co/E0C5E8relR

[Skyler Yost @SkylerYost]

It’s great to see these projects come together to spur new centers for innovation and economic growth away from the big, expensive cities.

We’ll get South Central PA on one of these announcements sooner or later!

[Stacy Mitchell @stacyfmitchell]

Arizona is the canary-in-the-coal-mine for what happens when you eliminate small, locally owned banks.

https://t.co/Y3k69UUpSC

[Stacy Mitchell @stacyfmitchell]

Antitrust enforcers should block this deal. For one, it would give Amazon access to a cache of intimate data that would entrench its dominance. Second, it would allow Amazon to gain structural power in yet another major sector. This is why we have anti-monopoly laws.1/

[Right to Start @RighttoStart]

America is still a Startup Nation. There is hope. Because Americans still dream. Survey data from the @SBAgov shows that, at its heart, America is still a “Startup Nation” inside. That energy is bottled up but is ready to be unleashed.

[Ecosystem Builders @EcosysBuilders]

Jobs clustering is still important (WFH counts, too!), but it’s biggest value has always been the cross-pollination that comes from social relationships spanning organizations.

Vibrant civic space is the magic sauce that spurs agglomeration and spillover effects.

[Jim Russell @ProducerCities]

Forget returning to the office. The future of cities lies in vibrant civic spaces: "The idea that downtowns must be so work-centric rather than people-centric is an antiquated Industrial Revolution idea long past its prime" https://t.co/NAIhZLSJhl

[sharlene 🫶🏽 @sharlene_g_]

A founder reached out to me for feedback on their deck. For founders raising VC 💰 for the first time, it can be intimidating to build out that deck. Here are key slides you should include, in a suggested order!

[Stacy Mitchell @stacyfmitchell]

Last week, an Amazon VP took to an Amazon-run forum for sellers to urge them to contact their senators in opposition to Klobuchar’s self-preferencing bill, and thereby continue Amazon’s “amazing partnership” with sellers.

The responses from sellers are… pretty lively. 1/

[EDA @US_EDA]

#NEWS | @SecRaimondo Reestablishes the National Advisory Council on Innovation & Entrepreneurship.

#NACIE will be charged with developing a National Entrepreneurship Strategy to strengthen America’s ability to compete as world’s leading startup nation: https://t.co/JrbAyddY1H

[Right to Start @RighttoStart]

Entrepreneurial inequity is the most unrecognized contributor to the racial wealth gap in the US.
@ThirdWayTweet examines barriers to the entrepreneurial ecosystem & how achieving equity in e-ship could unleash a new era of business growth & wealth. https://t.co/dogNbMVFiP

[Brent Toderian @BrentToderian]

“While Mayor, I was often asked ‘how have you been able to afford this in #Copenhagen?’ I’d reply, ‘how have you been able to NOT afford it? 25 years ago we were a few days away from going bankrupt. So the city invested in the cheapest infrastructure — bicycling.” — @mortenkabell

[Beth Zimmer @bethzimmererie]

“Help Grow the Field of Entrepreneurial Ecosystem Building” by Jeff Bennett
https://t.co/ygOCQw8Tlv. Awesome write up, ⁦@jeffbennett⁩ ⁦@BuildEcosystems⁩ !

[Right to Start @RighttoStart]

“Entrepreneurship can’t be a ‘special interest group’ but a lens to view all our goals, from education to our economy,” Hwang said. “This affects all of us.”

@rainforestbook to @Technical_ly

https://t.co/96wNsv8zMv

[Dell Gines @iamdellgines]

I would like to invite you to participate in the rural economic development webinar series April 25th 11am to Noon central. This is the 1st of a 4 part series. Expert will be focus on major trends in rural communities this first one. Share & register https://t.co/QJPs2rjLqG

[Victor W. Hwang @rainforestbook]

The secret to modern military success, as we’ve seen in Ukraine, is to “devolve decision-making as far down as possible.” That also happens to be the best way to grow a modern economy.
https://t.co/MVVNLmDwFA

[Ecosystem Builders @EcosysBuilders]

Ecosystem Building is inherently about removing barriers to entry, which is only achievable through directly addressing the most marginalized communities. Love to see the deep equity lens that @StartupChamps shows us how to put into practice!

[Skyler Yost @SkylerYost]

Technology equity in Baltimore with the always amazing Paolo of @cohado and Sherrod of @EcoMapTech at #SCNTriangleNC

@StartupChamps’s focus on Inter-Cultural Unity work is so important to equitable #EcosystemBuilding!

[Stacy Mitchell @stacyfmitchell]

Why do so many independent businesses sell on Amazon's marketplace?

We surveyed 94 Amazon sellers. Only 15% said selling on Amazon was a good opportunity.

63% said "There's no viable alternative; it's the only way to reach most online shoppers. 1/

https://t.co/UsctJjbqBa

[Stacy Mitchell @stacyfmitchell]

More good small business data out!

Poll finds 80% believe "Large companies have too much control over markets, and local, state, and federal government need to step in to help create a more equitable playing field."

[Ecosystem Builders @EcosysBuilders]

Even in big metros famous for corporate relocations, new businesses carry the market’s job growth.

[Victor W. Hwang @rainforestbook]

New 2019 data from Ft Worth shows entrepreneurs created 12,500 jobs while 2390 jobs came from corporate relocations. In short, new companies generated 5.2X more jobs.

It's time for cities to change the way they drive economic growth.

Thx @CameronCushman
https://t.co/sXxrqH3Dcz