Transcript Document

Entrepreneurial Ecosystem:
Unique Madison Resources
Paul Jadin
Madison Region Economic
Partnership (MadREP)
Wisconsin’s Extended Enterprise
Wisconsin Economic
Development Corporation
Regional Economic Development
Organizations
County
Local
Chambers
of
Commerce
Private
Advance Now Strategy
A comprehensive, action-oriented regional economic
development strategy that moves the region forward
toward a shared vision for economic growth.
Advance Now Strategy
Advance
Economic
Competitiveness
Advance
Regional
Cooperation,
Leadership &
Diversity
Advance
Human Capital
ADVANCE
NOW
Advance the
Madison
Region’s Story
Advance
Innovation &
Entrepreneurship
Innovation & Entrepreneurship
Physical
Space
Mentorship
Capital
Connections
Physical Space
→ Create financial and operational
sustainability for physical innovative
spaces
• Support places like Sector67, Whitewater
Makerspace, Portage Enterprise Center,
Wisconsin Innovation Kitchen
Mentorship
→ Expansion of MERLIN Mentor
Program throughout the region
• Partnership with Janesville Innovation
Center to broaden access in Rock County
Capital
→ Increase opportunities to access capital
necessary to successful start-up
• Provide technical assistance in generating
investment grade documents, developing
market valuation and business plans, and
performing investor due diligence
Connections
→ Build I&E Web Portal that connects
entrepreneurs with resources
Launching in late April
Madison on the Rise
National
breakthrough
Critical mass
of support
Robust Talent
Pool
Robust Talent Pool
From 2000-2012,
employment of
software
publishers grew
by over 485%
in Dane County,
compared to 7%
in the U.S.
Tracking our Growth
Industry
Location
Quotient
Change During
the Jobs
Recession
Change During
the Jobs
Recovery
Change, Last
Four Quarters
Information
1.82
-0.5%
+30.6%
+7.4%
Total Jobs: Madison vs. U.S.
Brookings Institution, April 2014
Tracking our Growth
13th
Among all 50
states in net
new business
establishments
3,733
New business
establishments
Wisconsin
2009-2012
Economic Modeling Specialists International,
January 2014
Tracking our Growth
60%
Wisconsin Economic Development Corporation, 2014
of Wisconsin’s
Qualified New
Business
Ventures
are from
Madison Region
Critical Mass of Support
Janesville
Innovation
Center
Sector67
Capital
Entrepreneurs
Center for
Technology
Commercialization
100state
Wisconsin
Angel
Network
Accelerate
Madison
MG&E
Innovation
Center
Wisconsin
Innovation
Network
Governor’s
Business
Plan Contest
Xconomy
Wisconsin
D2P
UW Office
of
Corporate
Relations
MadREP
Connect
WEDC I&E
Division
Brightstar
State VC
Legislation
Madi
University
Research
Park
Forward
Technology
Festival
4490
Ventures
ACE
BioForward
WWBIC
Wisconsin
Investment
Partners
Portage
Enterprise
Center
Whitewater
Innovation
Center
gener8tor
Whitewater
Makerspace
MERLIN
Mentors
UW Law &
Entrepreneur
Clinic
National Breakthrough
#2 Top Markets with Strongest Brainpower
Business Journal, 2014
#8 Metro in Economic Development Projects
Site Selection Magazine, 2014
#5 Best Cities for High-Tech Jobs
24/7 Wall St., 2013
10 Underrated Hotbeds of American Innovation
Fast Company, 2012
Top 12 Places to Live and Work as a Young Entrepreneur
Under30CEO, 2012
Top 20 Best American Cities
Bloomberg BusinessWeek, 2012
WHAT’S NEXT?
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Registration & sponsorship opportunities available at:
www.advancesummit.com