1 Valerie SUPPORTING THE NEW EMPLOYERS business innovation incubation models

Entrepreneurship is a profession Intrepreneurship is a skill

VALERIE FOX DESIGN Could be a typical career path of the 21 st Century

The world isn’t going to take care of the new generation, the new generation is going to take care of the world* * Shawn Blakney – Celestica Sr. Director Global Tech and Innovation at Zero2Startups event

Big changes in: Corporation structures Traditional employment opportunities Education demands

It’s a PERFECT STORM for entrepreneurship: Economically Socially Academically

With mass unemployment… the ability to experiment with existing digital building blocks… …enables a chance. Ludvig Siegele talks about Startups 2.0 in a January 2014 video from The Economist:

Self-employment does have a financial payoff – but not always from the startup itself. It may come in the form of higher wages, when a startup fails and the entrepreneur returns to the traditional workforce. Harvard Business Review Gustavo Manso, University of California Idea Watch – May 2016

Innovation & entrepreneurship are key for universities to stay relevant in Canada’s booming digital economy Sheldon Levy Deputy Minister Training, Colleges and Universities (MTCU) (Former Ryerson University President and Vice Chancellor)

MODELS

MODEL 1 COMMUNITY CULTURE

THE Ryerson University

13 start with entrepreneurs with diverse skills and backgrounds

>250 companies incubated and accelerated >$180m raised 73% of companies we fund get follow-on funding >2000 jobs created 30 visiting international and national entrepreneur groups >450 tours per year with potential customers Presently: 430 innovators and 83 companies in-house

15

Mauricio Meza

MODEL 2 COMMUNITY BRAND

Our cities are the storefronts for Canada Geoff Cape Founding CEO, Evergreen

Premier Wade MacLauchlan Local Talent : World Markets

PEI S T A R T U P Z O N E – Queen and Water Sts

MODEL 3 CONNECTED COMMUNITY

Urbanism is the engagement of user- communities to innovate in urban design, infrastructure, building methods, policy and governance, establishing customized places of unique value and advantage in the world. Excerpt from Jeb Brugmann’s Welcome to the URBAN REVOLUTION

Georgia Tech – Tech Square – Multi-use community space

Microsoft Innovation Center WeWork co-working Flatiron community hub The Goat Farm

"It all starts with the storefront — taking transparency to a whole new level — where the building blends the inside and the outside, breaking down barriers and making it more egalitarian and accessible.” Apple Store San Francisco Union Square

Avenue walls are interactive. Creative Pros Apple experts in creative arts, offer advice and expertise at each of the displays. Genius Grove invites customers to get support working side-by-side with Geniuses under the comfortable canopy of local trees in the heart of the store. The Forum is a vibrant gathering place, centered around a 6K Video Wall: which brings to the community the world’s most talented artists, photographers, musicians, gamers, developers and entrepreneurs to inspire and educate our customers to go further with the things they are passionate about. The Plaza open to the public 24 hours a day, features public Wi-Fi and seating for music The Boardroom is an intimate space where the store’s Business Team offers hands-on advice and training to entrepreneurs, developers and other small and medium business customers.

business clustering for success

Fast starts are never as important as a cultural hook, consistently showing up and committing to a process. Seth Godin May 13, 2016 blog post