Exploring
Entrepreneurship
in Your Region
Overview
• Review concepts presented/learned from homework
videos, PowerPoint
• Map the existing entrepreneurship ecosystem in the
region
• Conduct a regional assessment of the
entrepreneurship ecosystem
• Develop a plan of action to enhance the ecosystem
Why Create Businesses to Grow Jobs?
Number of Establishments
by Employment Size
2000
Number of Jobs by Establishment Stages
Year
2001
2011
2011
Stage
Establishm
ents
Proportion
Stage 0
2,656
27.0%
4,265
29.8%
Stage 1
5,291
53.9%
8,362
58.3%
Stage 2
1,719
17.5%
1,574
11.0%
Stage 3
144
1.5%
118
0.8%
Stage 4
15
0.1%
15
0.1%
9,825
100%
14,334
100.0%
Total
Establishme
nts
Proportion
Stage 0
Stage 1
Stage 2
Stage 3
Stage 4
Total
Sales ($ 2011) by Establishment Stages
Year
2001
2,656
19,845
44,284
25,166
22,567
4,265
26,249
40,192
22,301
19,054
114,518
112,061
2011
Stage 0
314,121,481
311,229,386
Stage 1
2,374,185,018
2,091,733,596
Stage 2
5,165,733,452
3,585,000,539
Stage 3
3,115,060,907
2,227,549,112
Stage 4
2,591,496,714
1,177,048,361
13,560,597,573
9,392,560,994
Total
What Does It Look Like to Support
Entrepreneurs?
Entrepreneur & Small
Business Development
Supportive
Environment
Access to
Capital
Networks,
Mentoring and
Coaching
Components
of Success
Training &
Technical
Assistance
Youth
Entrepreneurs
hip
Charting the Region’s
Entrepreneurial Ecosystem
Assessing the Effectiveness of Our
Region’s Entrepreneurship Ecosystem
Drafting Your
Regional Plan of Action
“Good plans shape
good decisions.
That's why good
planning helps to make
elusive dreams come
true.”
Lester Robert Bittel