Augusta Startup Ecosystem
Augusta Startup Ecosystem | |
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Project Information | |
Project Title | |
Owner | Ben Baldazo, Dylan Dickens, Joe Reilly, Taylor Jacobe |
Start Date | 9/20/2017 |
Deadline | 10/6/2017 |
Primary Billing | |
Notes | |
Has project status | Active |
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Link to DOC: https://docs.google.com/a/rice.edu/document/d/15EtmjxWLLta4SZEW4PlsqxXgA-yEuuZ3OE1Ciin2yHA/edit?usp=sharing
Augusta, Georgia- Want to build a startup ecosystem around the headquarters
- University of Augusta is in the local area
- US CyberCommand is going to locate their headquarters there, and in response, they want to ensure an ecosystem exists there to pull from
- Needs recruits, programmers
- Want to build a startup ecosystem around the headquarters
- Find all of the important inno people in Georgia
- How can we piece an ecosystem together?
Tentative Schedule
THIS NEEDS TO BE REVISED TO REFLECT NEW SHORTER TIME FRAME. The end product is slides not a paper. Week 1: Prep and understand need; research Augusta and what it already has
Week 2: Analyze data on Augusta and Georgia as a whole. Diagnose need. Begin writing final document's section about current state of Augusta
Week 3: Identify ways to fill need. Strategies for drawing in startup ecosystem. Begin writing final document's section about possible solutions
Week 4: Synthesize data and research to form coherent suggestions
Week 5: Final analysis of data. Finish paper.
Anticipated Paper Breakdown
- Needs/Wants for an Startup Ecosystem
- Economic Factors
- Social Factors
- Environmental Factors
- Government aid
- Diagnosis of Augusta’s Current State
- How does it fulfill and not fulfill the requirements of an innovation district?
- What resources are available in Georgia as a whole that can be used in Augusta?
- Recommendations for how to achieve a Startup Ecosystem in Augusta
- What do we need in order to make a successful startup ecosystem in Augusta? (What is missing?)
- What would it look like?
- How do we make it happen?
- Specific suggestions
Resources Needed
Elements of a Startup Ecosystem
Technical Skills
- Education rates of local population
- Research on University of Augusta
- How to attract human capital?
Risk Tolerance
- Local Economic Stability
- City's Risk Preparedness
Availability of Capital
- VC, Equity
Visible Successes
- What has already happened there? How can we market the city to best attract human capital and create a city brand?
Collaborative Culture
- Proximity between innovators
- Transportation availability
- Accessibility to travelers
Regulatory Environment
- Potential for tax credits, types of incentives local government can offer
Experienced Mentors
- Who is already there who can act as a mentor?
- Who can we attract there to act as a mentor?
- Patent and R&D data for the area
Entrepreneurial Culture
- What creates a strong entrepreneurial culture and how can we bring that to Augusta?