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Ann Arbor Startup Community Development 2009

Ann Arbor Startup Community Development 2009

A report of our challenges and progress in actively building and supporting the tech startup community in Ann Arbor, MI, mid-2009

Duo Security

June 01, 2009
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  1. David S. Rose on Startup Community • Base of entrepreneurs

    with high tech experience • Educational institutions supporting both entrepreneurship and state-of-the-art technology programs 2 • Access to early stage capital to fund new ventures • Affordable work spaces for startups, and the infrastructure supporting them • Access to a technologically skilled workforce • Coordination, integration and promotion surrounding all of the above Angelsoft ♥!
  2. Jason Mendelson’s view of Ann Arbor • Creative class of

    people – especially on the technical side. • Strong Universities spinning off people and ideas • Professional Support System 3 • Financial Capital • Management Talent – Perception, probably not reality • Engaged community with a real desire to see their ecosystem succeed – Perception? • Supportive legal environment (not horrible, though) • Culture of risk-taking and respect for failure • History of Success I miss A2!
  3. Must fix our Culture & Community • Poor deal flow,

    quantitatively AND qualitatively • Connect & grow productive (not just smart) geeks – Innovation stalling out EARLY, or LEAVING • Connect & grow better entrepreneurs & teams – More do-ers, not enablers! – Michael McCorquodale, Mobius founder – Startup-to-startup, entrepreneur-to-entrepreneur, active advisors • Teach & publicize our local startup histories – 50+ Ann Arbor Startup Execs (angel/venture-backed) on LinkedIn • Find patrons of innovation (better angels) • Coordinate & streamline efforts – Uh... SPARK, GLEQ, NEF, MI-SBTDC, UMOTT, SCORE, CFE, ZLI, ... • Don’t let new entrepreneurs start from scratch! 4
  4. Tech Brewery (North Campus) • Coworking for startups and entrepreneurs

    – in an historic 1880’s brewery • Hub for recruiting and retaining top-notch, young entrepreneurial and technical talent – less than 1 mile from UM Engineering campus • http://techbrewery.org 7
  5. Workantile Exchange (Main St.) • Coworking for independents • Project-based

    collaboration • Membership-based, drop-in only • Downtown Ann Arbor, Main St. • http://workantileexchange.com 8
  6. A2 Mech Shop (West Side) • Technical coworking facility for

    entrepreneurial engineers • Houses 6 separate engineering enterprises • http://a2mechshop.com 9
  7. TechArb / McKinley Tally Hall basement • TechArb coworking for

    UM students • Annual RPM-10 summer program • Ann Arbor Startup Weekend 2008 • Hanukkah Wonderland 2008 :-) • http://techarb.org 10
  8. A2 Mini Maker Faire (coming up Aug 29) • Get

    involved! • http://a2makerfaire.com 22
  9. a2geeks visits Grand Rapids • Hosted by Rick De Vos

    & friends –Momentum-MI –ArtPrize • ElevatorUp coworking • AimWest design community • ellohay! tech literacy nonprofit 31
  10. SE Michigan • i3Detroit visits TechBrewery –Invited, along with Detroit

    Industrial Arts League, to meeting with UM Associate VPs, TechShop founders, Make magazine founder, A2 Mech Shop, etc. folks 33 • Dexter Village Manager visits OpenCoffee –Developing a local incubator • Regular CoffeeHouseCoders visitors –Royal Oak, Grosse Pointe, Lansing
  11. Entrepreneurs Foundation of Ann Arbor • EFAA, with the support

    of the Ann Arbor Area Community Foundation • Corporate citizenship and community philanthropy for tech startups / entrepreneurs • Network of experienced and aspiring local entrepreneurs • Seeking founding members & companies – get in touch! 35
  12. Train An Army • Like terrorist cells ;-) • Every

    geek group in Ann Arbor should know funding sources, sponsors, venue information, community calendar, logistics –open-source event planning on a2geeks wiki • Train, land geeks on nonprofit boards –NEW, EFAA can help • Cross-pollinate with art/design/mktg/YP groups –already happening, actively accelerate • Meetup of meetup organizers –geeks love recursion! 36
  13. Support Of, By, & For Entrepreneurs • Entrepreneur-to-entrepreneur events –like

    Startup2Startup, Bootstrapper’s Breakfast –Entrepreneurs Foundation can help • Drive startup acceleration through active peer mentorship & advisors –Get every successful entrepreneur to advise –Advisors can get equity, but shouldn’t need $! • Directory of service providers & services –with ratings & comments • Private fundraising forum –entrepreneurs should know deal activity too! 37
  14. Increase Collaboration • a2newtech community events –Current organizers represent UM

    Center for Entrepreneurship, UM Ross Center for Venture Capital & Private Equity Finance, GLEQ, UM Ross EVP & High-Tech clubs, UM Tech Transfer • Company/person/investor directory –like CrunchBase.com • Social news aggregator • Find an enabling (hacker)space –art/tech/design geeks must collide and produce • David Brophy’s Finance 629 class –quick-hit startup incubator 38