Sunday, June 7th, 2009...7:31 AM

Expanding Entrepreneur Ecosystem Of New England

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I recently joined the Tech Stars Boston Mentors program.  The goal is to provide assistance to the nine companies that are going through the summer long entrepreneur boot camp under the tutelage of Shawn Broderick.  There is so much to master if you are a first time entrepreneur and providing a sounding board and some guidance is great.  From my perspective this has also stimulated a network of very talented entrepreneurs that live, eat, breath entrepreneurship right here…right now.  Getting to know these folks has been a wonderful byproduct of becoming involved in Tech Stars Boston…and we are just getting started.

Brad Feld and David Cohen were instrumental in establishing Tech Stars in Boulder…and in bringing the program to Boston for this summer.  For those of you who think that Boston is dried up thanks to Greylock turning its back on our community or YCombinator consolidating for the west…just go down to Cambridge and check out what is going on at Tech Stars.  Head to the MITX Awards in two weeks and take a look at the companies that were nominated and will win awards.  Take in the E&Y Entrepreneurs Award Night and take a look at this years crop of talented entrepreneurs.  Go to any of the New England Innovation Month events. Look at the “blog roll” to the right of this page and you can easily visit some of New England’s “best and brightest” entrepreneurs, investors and bloggers (including New England’s Chief Innovation Officer Scott Kirsner’s Innovation Economy). New England is alive and is as resilient as ever.  Like in the past though we need to keep pushing forward though and not just live in the past.  Together we can make it stronger.

Brad Feld was interviewed in Mass High Tech recently about why they wanted to bring Tech Stars to Boston.  I think he brings some good perspective for us to contemplate:  ”Boston has the same ingredients, which is that you have now in Boulder a critical mass of multi-time experienced entrepreneurs. People that have done it two, three, four times. The trick is to engage the entire life cycle of that ecosystem. The first thing that Boston should do is get rid of the Silicon Valley envy. Just say, “look, it doesn’t matter. We’re going to be the best that Boston can be at being great.” The second is to say what then are the characteristics that make an entrepreneurial community great and sustainable? I believe that the most important one is that you have to figure out and then do things that engage the first-time entrepreneurs with the experienced entrepreneurs all the way up and down the chain.”  You can read the entire Mass High Tech post here.

Right on Brad.  We do have a very solid community of entrepreneurs here in New England.  We need to get them more involved in stimulating more ventures and helping their fellow entrepreneurs as well.  Forget about Silicon Valley…focus on what is good here.  Lets work better with the schools and universities to retain some of the immense talent flowing through the region every year.  Get students involved with internships.  Mentor entrepreneurs. Fund start ups.  Bring your ideas onto campuses like Bentley University that have world class labs for market research, usability and internationalization.  We have incredible resources of people and facilities right here.  A fellow entrepreneur, Jules Pieri, also has some great ideas in a recent post on her blog as well.  It takes a village.  We all must work together.

Lets also remember that our community is not bound by the geography of “inside Route 128.”  The Internet and networking tools allow us to connect to our New England bretheren all over the world.  It would be great to have everyone live right here but it is not necessary.  The network of entrepreneurs that has been educated, started businesses, gained funds, hired talent from our region is immense.  There is no region in the world that has such a large network of talent..none.  These folks are all part of our ecosystem.  Tap into them.

7 Comments

  • Thanks for the shout out Jeff. You are right. The workforce here really is special…great skills, education, loyalty (non-competes non-withstanding) and work ethic.

    I’m delighted you highlighted the Tech Stars program, and Brad Feld’s rationale for bringing it here. It’s a welcome and encouraging development for the area. And, finally, I’m glad you emphasized all of New England, and not just Boston.

  • Right on, Jeff. End Silicon Valley envy right now. In fact, I would submit that New England winters give us our own natural advantage, a reason to hole up and focus on your next big idea.

    That said, I want to jump in and urge people to get out. Push away from the desk and the computer and go out to meet people, face-to-face. (And not just Mass Innovation Nights, either.) Use social media to facilitate meeting someone new, or catching up with a contact you haven’t seen in years. Have a conversation that stimulates your mind and helps you see something in a new light.

    Event planners — what are you doing to facilitate face-to-face meetings? Are you posting your RSVP list ahead of time? Are you sharing the attendee list? How can we help connect the people who need to work together to make things happen?

  • This being my first time out to Boston, I wasn’t really sure what the tech/entrepreneurship community would be like but it has been nothing short of amazing!

    I’m from Chicago and after a while, I realized I kept bumping into the same people at different events. The networks out there seem a bit shallow (although, maybe MY network is just shallow?), whereas out here, I feel like I can get in touch with very established people. I also am not used to how helpful everyone is!

    The point is, i’ve never been to Silicon Valley but I think if you believe that the only way to win is to relocate yourself there, you’re probably going to fail anyways. There are opportunities everywhere and if you don’t realize that.. you’re toast.

  • Thanks for the comment Stephen. I am glad you are in Boston with your venture. This is a very special place to build a company – schools, entrepreneurs, talent, funding – and a great place to live with the ocean, mountains, culture, history and all. Need more like you to come and try it out. You have a very cool business concept too!

  • Thanks for the comment Bobbie. Thanks also for your leadership on Mass Innovation Nights. I have heard great things from those who have been attending. We have some NameMedia folks coming this week. I am envious and grateful for all we have here.

  • Thanks Jules. Indeed we have lots to be thankful right here. We also have lots of head room to expand our community for entrepreneurs…links to the schools…and talented workers. Our network is unparalleled…just need to tap it.

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