Ecosystems for Innovation (E4F)

Inspiring and connecting local mentors, investors, incubators, co-working spaces, service providers, universities and governments to build sound and successful innovation ecosystems.

Project Summary

Connecting local resources to a best possible innovation ecosystem including co-working spaces, Incubators, accelerators, Universities, Governments, and Technology and Service providers. Ensuring a globally competitive seeding ground for innovation.

AUDIENCE

Co-Working Spaces
Accelerators / Incubators
Mentors
Investors
Governments
Universities
Business Schools
Technology & Service Providers

COUNTRIES

Africa: Egypt, Ghana, Kenya, Nigeria, Rwanda, Uganda
Asia:
 Cambodia, Indonesia, Malaysia, Nepal, Philippines, Thailand, Vietnam
Eastern Europe: Albania, Bosnia, Bulgaria, Croatia, Kosovo, Macedonia, Serbia
Lat. America: Argentina, Bolivia, Chile, Columbia, Peru

Expected Results

Project Duration: 5 years

Project timeframe:  Feb 2020 until 2025

Geographic Engagement: 25 countries

Inspired Organizations: 1,200

Educated & Trained : 25,000

Brain drain reduction: 85%

Jobs created: 10,000

Ecosystem – the seeding ground for prosperity

PROJECT

In this “Ecosystems for Innovation” project, we work with the major constituencies and help them collaborate and develop an ecosystem among each other. Each of the 20+ countries we engage with are different and as such we see also here the key for success to stimulate an ecosystem that is created from within the country and not created from the outside.

The programs contain guidance, assistance in creating country specific ecosystems in accordance to the local needs with inputs from globally successful ecosystems.

PROJECT CONSTITUENCIES

Ideas are free, but it takes a whole ecosystem of supporters and infrastructure to make them successful.

  1. Governments
    1.1  Policies
    Governments and their policies play a strategic role in the development of innovative startups. This is mostly in developed countries a problem, where policies became so intransparent and complex that talents started to move into other countries
    1.2  Taxation
    Taxation is another government related topic. Innovation friendly taxation is mostly critical for the investors who take high risks when investing and if it is too complicated taxation is just not attractive they rather invest in foreign companies.
  2. Investors
    Investors, who made their money as successful business owners are key to startups and scaleups. The so called smart money is helping entrepreneurs not only continue paying their bills but thrive.
  3. Universities
    Access to top talents as co-founders or later on as employees as well as collaborative research and project work helps innovators and universities to develop further and closer to real needs.
  4. Mentors
    Mentors, who have been successful entrepreneurs are among the top most important supporters for young startup entrepreneurs.
  5. Coworking
    In the past 10 years, vibrant coworking spaces, where the exchange between entrepreneurs is the daily normal, have become critical for their success.
  6. Networks
    Networks such as entrepreneurs networks, investor networks, business networks, access to corporations,  are a vital part of great innovation ecosystems. It must be easy to connect to virtually any source of information, including legal and tax advice.
  7. Providers
    Service & Technology provider are yet another support source helping with technical support or all kinds of marketing, engineering, HR and other services.
  8. Culture
    The national culture is the most prohibitive factor for disruptive business development. In nations where obeyance is a virtue and creativity a must, disruption is almost impossible. In order to overcome such obstacles, entrepreneurs can develop their own private subculture.

Our mission: Helping countries, cities, or private initiatives to build the most helpful innovation ecosystem.

Additional Background

Germany 1800’s
A small number of entrepreneurs like Carl Benz, Robert Bosch, Max Plank und one or two handful of others created startups that should turn the nation in a few decades to one of the most prosperous in the world. 150 years later, the 85 Million population nation still lives off of the innovation from back then.

California 1950’s
A small number of startups including Fairchild,  Intel, Hewlett Packard, Apple and later on many others created products, that in just two or three decades revolutionized the world’s way to work with information. Silicon Valley became the epicenter of IT innovation.

South Korea 2000’s 
Only three startups: Samsung, LG and Hyundai were necessary to turn one of the poorest countries on earth into one of the most developed nations just 2 decades later.

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