4. 2014: 2ND LARGEST ECOSYSTEM IN THE US
4
Source:EndeavorInsights,2014-2015
5. 1. IDENTIFYING AND ADDRESSING THE LOCAL
CHALLENGES
5
Small and
Uncoordinated
Community
Lack of
Specialized Tech
Talent
Insufficient
Seed Capital
Lack of
Affordable
Space
Source: World Bank (2015) The Growth of Tech Startup Ecosystem in New York [to be published]
6. 2. BUILDING THE ECOSYSTEM
POLICIES ACTIONS
• Developing the Community of
Entrepreneurs and Creating Space
Offering
• Networking Spaces &
Mentorship
• Competitions and Meetups
• Developing and Attracting
Specialized Talent
• “Applied Science”
• Tech Skills and Training
• Attracting Seed Investment and
Acquisitions
• Seed Fund and
Multinationals
• Changing Perceptions • Promotion and Significance
Examples taken from New York Case: World Bank (2015) The Growth of Tech Startup Ecosystem in New York [to be published]
7. 3. EXPANDING INNOVATION TO COMPETITIVENESS
Introduction of
Open Innovation
Lab and
Experimentation
Spaces
Specialized
Accelerators
“Infecting” the Local Industry NYC Specialized Accelerators
Industry #
Est. #
Startups
Per Year
FinTech 3 24*
Health 3 24*
Education 2 22
Real Estate 1 8
Fashion 1 10*
*Estimates based on average graduations.
Source: World Bank (2015) The Growth of Tech Startup Ecosystem in
New York [to be published]
8. 4.EXPANDING JOB CREATION
Beyond “Tech” and
“White Collar” Skills
University-
Industry
Platforms
Rapid Skills
Training
NYC Ecosystem’s
Employment Creation
Source:HR&A(2015)TheNewYorkCityTechEcosystem
9. NEW SOURCES OF EMPLOYMENT
9
Source: HR&A (2015) The New York City Tech Ecosystem
16. CATALYZING ENTREPRENEURSHIP AND GENERATING
URBAN INNOVATION
Competition
Challenges
Urban Labs
Accelerators
Gov Labs
Open Innovation in City Gov. Barcelona:
Challenge and Urban Lab
Source: Interview Barcelona City Gov. Team
• Procuring Local
Problems
• Real Testing
Urban Solutions
• Partnering Local
Startups
• Linked to Local
Challenges
• Incentivizing
Innovative
Approaches
• One-Stop Shop
Local Gov.
• Implementation • Promotion
17. SUSTAINING THE ECOSYSTEM
POLICIES ACTIONS
• Coordination and Support • “Innovation Hub”
• Network of Intermediaries
• Skills Pipeline • University-Industry
• Rapid Skills Training
• “Tech for Kids”*
• Space and Finance Pipeline • Supply Chain
• Attracting Multinationals and
Networks
• Product Development
• Network of Ecosystems
*Tech for Kids @ http://techforkids.education/
Examples taken from World Bank technical activities implemented or planned in
Lebanon under the Mobile Internet Ecosystem Program: www.mie-p.org
19. CATALYZING LOCAL STARTUP ECOSYSTEMS
OTHER AVAILABLE RESOURCES:
BOOSTING TECH INNOVATION ECOSYSTEMS IN CITIES
Report: http://bit.ly/BoostingEcosystemsCities
POLICIES TO SUPPORT TECH INNOVATION ECOSYSTEMS:
Webinar Innovation Within Cities: http://bit.ly/InnovationPolicyCities
MAPPING OF STARTUP ECOSYSTEMS:
Mapping Survey: http://survey.techecosystems.org/#/
EXAMPLE OF ECOSYSTEM DEVELOPMENT PROGRAM:
Lebanon Mobile Internet Ecosystem Program (MIEP): http://www.mie-p.org/
METHODOLOGY FOR MUNICIPAL GOVERNMENTS TO KICK-START TECH STARTUP ECOSYSTEMS:
Introducing Sustainable Open Innovation in Municipal Governments: http://bit.ly/OpenInnovationCities
The World Bank core team working on the research and technical activities used in this
presentations are Victor Mulas, Cecilia Paradi-Guilford, Eva Clemente, Samhir Vasdev,
Kathy Qian, Hallie Applebaum and Scott Henry. Ilari Lindy, Elena Gasol and Arturo
Muente-Kunigami have been active supporters of these activities.