StartUp Week a Resounding Success
Here’s a shout out to UpGlobal for bringing StartUp Week to Columbus May 4-8. Over 1,500 persons attended over 70 programs throughout the community in tracks diverse as food and beverage, retail and fashion as well as the expected business, entrepreneurship and technology.
A recent Kauffman Foundation study reported that the four most important economic indicators of a vibrant entrepreneurial ecosystem are:
Density of startups relative to population of other businesses,
The fluidity of talent moving in and out of a region,
Connections among the various players, and
The region’s economic diversity.
While Columbus has high marks for ranking 31 out of 365 cities for the creation of high growth firms, which is nearly three times the national average, it scored less well on network of connections among players and entrepreneurial community of mentors, investors and organizations. That is one of the primary goals of UpGlobal in bringing StartUp Week to Columbus, the only Midwest city.
UpGlobal focuses on empowering entrepreneurs and communities around the world. It believes ideas come from everywhere, and it is important to create an environment for them to thrive. It believes when the ingredients of talent, density, culture, capital and regulations work together, they help to foster successful ecosystems and set up entrepreneurs for success.
StartUp Week created just that network of large and small companies in all types of entrepreneurial pursuits when it provided diversity of programming featuring keynote speakers such as the founder of Resource, the CEO of Battelle, as well as numerous panel discussions from startup companies in all phases of growth, financing experts and local nonprofit and venture development organizations. These lively discussions in diverse venues all around Central City created just an atmosphere for that type of networking to occur.
Ice Miller was pleased to sponsor Columbus StartUp Week, host an angel investing event and help foster a thriving entrepreneurial ecosystem in Central Ohio.