As with most interesting projects, this start with two questions asked half-seriously: What does your innovation-ecosystem look like if we flew a helicopter over it? And surely, successful entrepreneurial ventures are based on business solutions and ideas that strive to plug a gap in the market, so where are the gaps?
All of our projects start with a minimum viable product; we iterative based on feedback. In this sense, a mobile-first approach allows us to get the sense of how connected the community is and how eager they are to learn more.
Sure, we employ surveys but nothing excites us more than having one-on-one conversations with startups that are leading the tech sector or innovation hubs that are creating emotionally supporting environments for risk-takers.
this is the part where our nerds turn the user stories into functional requirements and we customize a platform to fit your ecosystem's needs.
Whenever possible, we jump on the opportunity to leverage CartoDB for spatial analysis or Mapbox GL JS for interactive storytelling.
When thinking about a healthy ecosystem, three things come to mind: shared values, communication, and accountability. After grassroots immersion and surveys of over 500 hackathons, co-working spaces and capacity-building programs, our team convenes that, in many ecosystems, there is no shortage of workshop-doers, mentor-matchers and bootcamp-bringers. Some key market failures are discerned in this entrepreneurship ecosystem that development objectives must specifically counter but at the root of all these issues is a lack of community!
The reality is that with a large number of institutions, there could be more diversity and specialization. Specialization would allow entrepreneurs to scale their impact, iteratively build financially sustainable business models, but most importantly growth hack with sector-specific mentorship and monitor relevant traction metrics.
Incubators and accelerators competing for the same grant funding do not share ideas with each other and design programs based on the requirements of the funding organization. This has created an oversupply of mediocre programs that are usually not contextualized to the needs of the entrepreneur. More importantly, donor organizations do not hold themselves accountable for the money they are investing into the startup ecosystem. Well, that’s why a platform is built - to help a structure that holds the whole community - accountable for their actions.
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