A presentation on the Innovation and Entrepreneurial Ecosystem of Rhode Island, given at the opening workshop for the RI CIE (http://ri-cie.org).

1. Building From Strengths, Filling in Gaps
The Rhode Island Innovation and Entrepreneurship ecosystem

2. Innovation and Entrepreneurship Inventory
Ideas
People Money
Networks
Places Enablers

3. Innovation and Entrepreneurship Inventory
High Growth Starts
Ideas
People Money
Networks
Places Enablers

5. The Problem with Laundry Lists
Missing: Scale, Connectedness, Impact

6. Where do big ideas come from?
Institutional/Govt. Research
Ideas NUWC ecosystem
Lifespan/CNE
University Research
Brown, URI
Young Entrepreneurs
RISD, JWU, Bryant, PC, NEIT, RIC, CCRI
Serial Entrepreneurs
Homegrown & Quality of Life Immigrants
BigCo R&D/Spinoff/Refugee
APC
Collisions

7. What Kind of People do we need?
People
160K High Wage Jobs
10% Entrepreneurial = 16,000
1% Founder Potential = 1,600

8. What Kind of People do we need?
People

9. What Kind of People do we need?
Idea People
People

10. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers

11. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds

12. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds
Serial Entrepreneurs

13. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds
Serial Entrepreneurs
Hundreds

14. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds
Serial Entrepreneurs
Hundreds
Entrepreneurial Support

15. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds
Serial Entrepreneurs
Hundreds
Entrepreneurial Support
Thousand

16. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds
Serial Entrepreneurs
Hundreds
Entrepreneurial Support
Thousand
Youth Entrepreneurs

17. What Kind of People do we need?
Idea People
People Researchers, Scientists, Designers, Developers
Hundreds
Serial Entrepreneurs
Hundreds
Entrepreneurial Support
Thousand
Youth Entrepreneurs
Thousands every year

18. Where does the Money come from?
Pre-seed / Seed
Money Federal Research
STAC Grants ($1.5M)
Betaspring ($250K planned)
Cherrystone Angels
Angel Health
Early Stage
Slater ($3M)
Point Judith Capital
SBA Loans
Expansion Stage
RI BDC
EDC Loans
Workforce Devt. Board

19. What Networks connect and energize?

20. What Networks connect and energize?
IT and Digital Media Design & Creative
Networks Providence Geeks AIGA
RI Nexus IDSA
Open Coffee Young Professionals
Slater Sushi DxN
TechCollective infogroup Pecha Kucha
Betaspring Concentric
DC401
NewB Camp Universities & Colleges
FreeGeek Brown Forum for Enterprise
NerdsDay Brown EP
NetTech 2.0 Jogging with John
Bioscience & Medical Green and Alt Energy
TechCollective biogroup NESEA
BioTuesday Green Drinks
Slater Sushi
Business Innovation Factory

21. Place: Clusters happen

22. Place: Clusters happen

23. Where do these networks meet and converge?
Slater (Richmond Square and Davol Square)
Places
RI CIE
AS220 | FabLab
Steelyard
Business Innovation Factory
Wild Colonial

24. Places of convergence are too spread out

25. Places of convergence are too spread out

26. Epicenter of Silicon Valley?

27. Epicenter of Silicon Valley?

28. Epicenter of Silicon Valley?

29. Epicenter of Silicon Valley?

30. Innovation and Entrepreneurship Inventory
Public/Private Partnerships
Enablers STAC
RI Research Alliance
EPSCOR
Chamber of Commerce
SBDC
Lawyers
Accountants
Marketers
Ecosystem companies
Graphic and Web Design Firms
Contract Design and Manufacturing
Specialist Consultants

31. Innovation and Entrepreneurship Inventory
High Growth Starts
Development
Ideas
People Money
Networks
Places Enablers

32. Providence: The funk advantage
This? Or This?

33. Providence: The funk advantage
This? Or This?

34. Providence: The funk advantage
This? Or This?

35. Providence: The funk advantage
This? Or This?