2015 @JAXCoE Innovation Community Conference
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Transcript of 2015 @JAXCoE Innovation Community Conference
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Northeast Florida Entrepreneurial Resources
By Carlton L. RobinsonJAX Chamber
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“Every community has a significant pool of gifted and available entrepreneurs in search of opportunities to pursue. The challenge facing them is not just finding something, but finding the right thing. Some are actively searching; others aren't activated until that ideal opportunity appears.”
Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
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The JAX Chamber is certified by the National Center for Economic Gardening/Edward Lowe Foundation
Jacksonville is part of a national support network through the work of the SBDC at the University of North Florida
Small Business Administration District Office The home of One Spark (Entrepreneurial Festival)
Over 25 public organizations with programs and support services dedicated to entrepreneurs:http://www.jaxsmallbizhelp.org
Ranked #1 in the state for small business friendliness (Kauffman, 2013)
Thousands of for profit companies who have the capability to support entrepreneurs during growth and development stages
Jacksonville is ranked #6 for tech jobs (Forbes, 2013)
Jacksonville is a part of a global network through Startup Weekend
Jacksonville is one of 10 best cities for finding a job (Forbes, 2013)
Growing opportunities for coworking, incubators, and accelerators
Home to thousands of successful entrepreneurs and investors
Jacksonville is an entrepreneurial community
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Entrepreneurial Growth Division (Stage 0-2) JAX USA Partnership (Stage 3-4)
In the Jacksonville, FL (MSA) businesses contribute to economic development in four ways .(Edward Lowe Foundation, 2010):
Stage 0: 1 Stage 1: 2-9 Stage 2: 10-99$1m-$49mil
Stage 3: 100-499 Stage 4: 500+
Est 47,203 88,136 7,723 505 46
Jobs 47,203 245,238 185,586 85,210 65,652
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World Economic Forum (2013)
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World Economic Forum (2013)
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World Economic Forum (2013)
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(Aspen Network, 2014)
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(Oneal, 2014)
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(Oneal, 2014)
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Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
Answer: Entrepreneurs– Employees with startup experience– Pay it forward mentality– Local startup success and exits– Startup density
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Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
Answer: Entrepreneurs– Employees with startup experience– Pay it forward mentality– Local startup success and exits– Startup density
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Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
Answer: Entrepreneurs– Employees with startup experience– Pay it forward mentality– Local startup success and exits– Startup density
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Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
Answer: Entrepreneurs– Employees with startup experience– Pay it forward mentality– Local startup success and exits– Startup density
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Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
Evidence says we have the resources and are in the game already…
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Question: What resources are needed to improve the Northeast Florida Entrepreneurial Ecosystem?
Entrepreneurs:– Employees with startup experience– Pay it forward mentality– Local startup success and exits– Startup density
Resource Providers:– Innovative solutions – Collective recognition as a region
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ScreeningInterest
Business Model
Validation
Funding Executive
s(Evaluate
capitalization strategies)
Same-Day Recommendation
(Funding Executives)
Referral Process Debt Financing
Equity Financing Mezzanine Financing
Strategic Partnership
Yes
Yes
YesYes
No
In-Person 20x20
S.C.O.R.E
No
Innovative Solution by JAX Chamber