7,612
edits
Changes
Jump to navigation
Jump to search
Link to DOC: https:=Update=We have created slides with key information and data summaries in Bulk/McNair/Projects/Innovation Districts/Augusta Startup Ecosystem/docs.googleThis wiki has more information and sources for the information that is in the slides.comEd will be presenting to key players in Augusta during the week of 10/a9/rice2017.edu/document/d/15EtmjxWLLta4SZEW4PlsqxXgA-yEuuZ3OE1Ciin2yHA/edit?usp=sharing
*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
Augusta Startup Ecosystem (view source)
Revision as of 13:39, 21 September 2020
, 13:39, 21 September 2020no edit summary
{{Project|Has project output=Content|Has sponsor=McNair ProjectsCenter
|Has owner=Ben Baldazo, Dylan Dickens, Joe Reilly, Taylor Jacobe,
|Has start date=9/20/2017
|Has deadline=10/6/2017
|Has notes=End product is slide deck
|Has project status=ActiveComplete
}}
=General Description=Augusta, Georgia- Want *US CyberCommand is going to build a startup locate their headquarters there, and in response, City of Augusta + Georgia want to ensure an ecosystem around the headquartersexists there to pull from **Needs recruits, programmers
*University of Augusta is in the local area
*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?
=Powerpoint sources [sourced by slide]=
==Entrepreneurship institutions are not drivers of the Augusta economy==
*NOTE: Augusta's number of incubators should be 1, not zero: see http://mcnair.bakerinstitute.org/wiki/Augusta_Startup_Ecosystem#Augusta_Incubators
==Augusta's economics and research environment may be leveraged==
*Skilled Workforce
**see http://mcnair.bakerinstitute.org/wiki/Augusta_Startup_Ecosystem#Educational_Attainment
*Research Environment
** R&D data from "Public Firms" excel file in E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\CompuStat.
**Patent data ranking source: AugustaPatents.xlsx has a tab with filtered results to only include patents from organications with Inc./Incorporated
==Cities with similar profiles are outperforming Augusta==
* VC Data Ranking in E:\McNair\Projects\Ecosystem\Ranking\RankingByEdv2.
* % college grads: see http://mcnair.bakerinstitute.org/wiki/Augusta_Startup_Ecosystem#Educational_Attainment)
==There are limited high-growth funding opportunities in Augusta==
VC data source: see http://mcnair.bakerinstitute.org/wiki/Augusta_Startup_Ecosystem#VC_Data_Summary
==Accelerator Programs slide==
source: http://flashpoint.gatech.edu/
==Partners for growth should be drawn from past sponsors of innovation==
Sponsors from https://theclubhou.se/
==Current Resources Indicate Potential==
sources: https://theclubhou.se/ and http://www.augustainnovationzone.com/index.html
==Grants and contracts can provide funding to nascent businesses==
Data pulled from https://www.usaspending.gov/DownloadCenter/Pages/DataDownload.aspx. The file is "GeoAllGrantsFY16" in E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\All Federal Grants.
*NOTE: This data is filtered by Augusta, not Augusta University.
*Pivot tables re-created in E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\All Federal Grants for Contracts & Grants.
==Public Firms—Potential for R&D Funding==
source for R&D funding:
*for all public firms, "Public Firms" excel file in E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\CompuStat (publicly traded firms). The data that appears is filtered by Augusta or Georgia.
*for companies on NYSE, NASDAQ, AMEX, "Firms on NYSE NASDAQ AMEX yr 2016" excel file in the same folder.
==Tax Allocation, Enterprise, and Opportunity Zones Provide Incentives==
*For more info on current resources, see this wiki page's section entitled "Augusta Economic Development Authority- Development Authority of Richmond County (DARC)"
*Suggested resources are from http://mcnair.bakerinstitute.org/blog/research-parks-innovation-districts/ blog post
=Potential Corporate Headquarters / Branches=
Potential way to see: look at donors to Augusta based Arts or Museums
*Augusta Ballet support (scroll to bottom): http://www.augustaballet.org/support/
**Only Corporate sponser is "Superior Office Systems"
=VC Data Summary=
Excel File with data filtered by Tay is '''Relevant VC Data'''
Relevant Cities from "E:\McNair\Projects\Ecosystem\Ranking\RankingByEdv2_ changes by DC v2.xlsx"
Transferred to "E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\GA Cities from Ecosystem Rankings.xlsx"
Original text file as excel saved in E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem as "Relevant VC Data original.
Augusta, Georgia: 7 Results-
**Sagamore Hill Broadcasting owns and operates television-broadcasting stations in the Great Lakes and Southern US. It is a joint venture of the investment firm Duff Ackerman & Goodrich of San Francisco, California and former Benedek Broadcasting and Spartan Communications executive Louis Wall (who is also CEO of the group).
*None are in the categories listed below
*According to AngelList, there are 9 startups in Augusta GA noted in "Augusta Startups AngelList.txt"
Atlanta, Georgia: ~550 results-
*Athens, Georgia: 15 VC funded, 7 within last decade
*Savannah, Georgia: 5 VC funded, 1 within last decade
Silicon Valley:
Accelerators
*Included these filters on '''Relevant VC Data''': CA for state and these cities: Campbell; Cupertino; Los Altos; Los Altos Hills; Los Gatos; Milpitas; Monte Sereno; Morgan Hill; Mountain View; Palo Alto; San Fransisco; San Jose; San Mateo; Santa Clara; Saratoga; Sunnyvale
**this is the list of cities Wikipedia's page on Silicon Valley includes plus San Mateo and San Francisco ADD OTHER SAN FRANCISCO BAY AREA CITIES FROM DIANA CARRANZA'S RANKING REPORT IN ECOSYSTEM>RANKING.
*7520 VC funded, 4220 over last decade
Incubators:
*Searched for incubators on AngelList (saved to "AngelList Silicon Valley Incubators (unfiltered).txt") but the results were definitely more than just incubators so filtered to everything that had "incub" in its name or description and added back ycombinator (Saved to "AngelList Silicon Valley Incubators (filtered).txt")
Relevant industries (at the indsubgroup level) for cyber security might be:
*Building a new arena in Augusta, but unknown where the location will be: http://chronicle.augusta.com/news/2017-09-26/regency-supporters-unmoved-arena-site-selection-presentation, http://www.wrdw.com/content/news/Coliseum-Authority-Meeting-a-Full-House-448078573.html
* New Internship program to promote sticking in Augusta to work: "The Students2Work initiative aims to place 250 Richmond County high school students in internships throughout the Augusta area – to both improve the skills they have, and to develop new skills to better prepare them for the working world." http://chronicle.augusta.com/news/business/2017-09-06/business-education-leaders-announce-job-internship-initiative-richmond
The demand for skilled workers takes on added gravity as the region braces for an expected economic spike spurred by cyber-related businesses.
=Tasks for Ben Baldazo, Joe Reilly and Dylan Dickens on September 26=
#**"Public Firms" pull from all of compustat that goes from Jan 2010 to Sept 2017
#**Excel for both of these is likely filtered to Georgia or even Augusta
#Data on Accelerators for Augusta, Atlanta , Georgia, and GeorgiaSilicon Valley:
#*"E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\Accelerators & Cohorts"
##*Data includes list of accelerators in Georgia & the available information on cohort companies from Georgia
##*Pulled from Accelerator_Data in E:\McNair\Projects\Accelerators\Fall 2017 : ATDC, Atlanta Ventures, CyberLaunch, NeuroLaunch, Points of Light Accelerator.
##*From http://www.acceleratorinfo.com/georgia.html: Startup Runway, TechStars Atlanta, Village Capital - HUB Grant Park, Georgia Tech - Flashpoint, Georgia Tech - VentureLab (Tech Transfer). This second list was not checked thoroughly yet.
#*To find number in Silicon valley included provinces: Mountain View, Palo Alto, San Francisco, San Jose, San Mateo, Santa Clara, Sunnyvale
#**Didn’t have data on number of incubators in SV but found angellist search: https://angel.co/companies?company_types[]=Incubator&locations[]=1681-Silicon+Valley,+CA
#***The problem is that most of these aren’t incubators
#Grants Data:
#*"E:\McNair\Projects\Innovation Districts\Augusta Startup Ecosystem\NIH NSF Clinical Trials for Georgia by Zip"
#**http://mcnair.bakerinstitute.org/wiki/NIH_Data
#**http://mcnair.bakerinstitute.org/wiki/FDA_Trials_Data
#**DOD and federal grant data all from https://www.usaspending.gov/DownloadCenter/Pages/DataDownload.aspx
#Get data on all VC-backed firms in Augusta, Atlanta, and Georgia.
#What data on cybersecurity startups is available from VenturExpert.
##*From Accelerator Data in E:\McNair\Projects\Accelerators\Summer 2017\Veeral : ATDC, Atlanta Ventures, CyberLaunch, NeuroLaunch, Points of Light Accelerator.
##*From http://www.acceleratorinfo.com/georgia.html: Startup Runway, TechStars Atlanta, Village Capital - HUB Grant Park, Georgia Tech - Flashpoint, Georgia Tech - VentureLab (Tech Transfer).
=Georgia VC Firms=
''Entrepreneurial Culture''
*What creates a strong entrepreneurial culture and how can we bring that to Augusta?
=Educational Attainment=
*For Richmond County, Georgia, which includes Augusta, the US Census Bureau projects that:
**High school graduate or higher, percent of persons age 25 years+, 2011-2015 83.3%
**Bachelor's degree or higher, percent of persons age 25 years+, 2011-2015 20.4%
Compared to the rest of the US:
**High school graduate or higher, percent of persons age 25 years+, 2011-2015 86.7%
*Bachelor's degree or higher, percent of persons age 25 years+, 2011-2015 29.8%
*source: https://www.census.gov/quickfacts/fact/table/richmondcountygeorgia,US/PST045216
=Augusta Incubators=
*Clubhou.se: https://theclubhou.se/
**Division of Hack Augusta, a community of entrerpeneurs
**Offers coding classes in HTML, Javascript, etc.
**Corporate Sponsors:
****Booz Allen Hamilton (see below)
**** Intelligenesis: In Augusta, according to https://theclubhou.se/corporate-sponsor-intelligenesis-llc/, they "provide exceptional technical expertise to meet customer mission challenges in Intelligence Analysis, Machine Learning/ Data Science, Analytics Development for Big Data, Software Lifecycle Support, and '''Research and Development'''"
****ATDC
****Mail Chimp
****Georgia Power
****Augusta Economic Development Authority
****AT&T
=Augusta Innovation Zone=
*http://www.augustainnovationzone.com/index.html
*Workspace opening in fall 2017
*6 directors, among them: Deke Copenhaver, the mayor of Augusta from 2005-2014
**As of Apr. 1, 2017, high demand: >200 people on waitlist
***source: https://www.forbes.com/sites/mikemontgomery/2017/04/01/how-augusta-georgia-is-becoming-a-model-for-tech-innovation-in-small-cities/#1ffd417e1f43
==Deke Copenhaver==
[http://chronicle.augusta.com/metro-latest-news-government/2014-12-27/copenhaver-served-mayor-nine-years-without-controversy| No Party; No Controversies]
=UNISYS presence=
*Has pledged to employ 700 Augustinians by 2019 in tech support for public sector and commercial clients.
=Booz Allen Hamilton presence=
*Corporate sponsor for The Clubhouse
*In Augusta, "Booz Allen has a large footprint in Augusta which supports multiple clients across the Department of Defense, as well as the commercial market." It provides STEM &STEM education funding to Augusta community.
**source: https://theclubhou.se/corporate-sponsor-booz-allen-hamilton/
=Augusta Economic Development Authority- Development Authority of Richmond County (DARC)=
*Point of contact for economic development projects
*Responsible for the recruitment of new businesses in the areas of industrial, manufacturing, distribution, corporate and regional headquarters, customer service centers, and assistance with other major economic development projects in the county.
*Augusta Tomorrow, Inc- private corporation with representation from the City of Augusta and the City of North Augusta. The Augusta Tomorrow board identifies development and redevelopment needs particularly in the city center, seeks developers and actively works with the developers and the public sector to implement the projects.
==Tax Allocation Districts, Enterprise Zones, and Opportunity Zones==
Tax Allocation District
*Incremental tax revenue collected in the district has gone into a fund to supplement funding by public and private sources for public improvements that spur private redevelopment activity. Tax exempt bonds may be issued to pay for infrastructure and other eligible redevelopment costs in partnership with private developers
*Georgia’s version of tax increment financing, which allows a local government to capture tax revenues attributable to increases in property values within a prescribed development area and use those revenues for neighborhood improvement projects. Augusta currently has three TADs.
*Link to map of where these districts are: http://www.augustaga.gov/DocumentCenter/View/7349
Enterprise Zones and Opportunity Zones
*Enterprise Zones are designated geographical areas which suffer from disinvestment, underdeveloped, and general economic distress. In an effort to encourage revitalization in these distressed communities, Georgia law permits cities to create districts where ad velorum taxes are abated for up to 10 years and other incentives are provided to private employers who create five or more new jobs
*Opportunity Zones, similar to Enterprise Zones, are designated geographic areas which suffer from economic distress. In order for an area to be designated as an OZ, under the DCA rules the area first has to be an Enterprise Zone or have an Urban Redevelopment Plan in place pursuant to the DOA website (http://www.dca.ga.gov/economic/DevelopmentTools/programs/opportunityZones.asp). Augusta Opportunity Zones are geographically identical to their Enterprise Zones.
*Maps of Opportunity and Enterprise Zones: http://www.augustaga.gov/ArchiveCenter/ViewFile/Item/2151 and http://www.augustaga.gov/ArchiveCenter/ViewFile/Item/2152
=Georgia's Cyber Innovation and Training Lab=
*$50 million cyberlab will bring together state government, academia, law enforcement and private-sector players in a bid to shore up the cyberworkforce and strengthen defenses
*Partners: Augusta Economic Development, Augusta University Cyber Institute, City of Augusta, Georgia Bureau of Investigation, Georgia Department of Education, Georgia National Guard, Georgia Technology Authority, National Security Agency, Private-Sector Partners, Technical College System of Georgia, U.S. Army Cyber Command, U.S. Cyber School of Excellence, University System of Georgia
*This is partly in prep for Cyber Command- "U.S. Army Cyber Command is expected to take up residence at nearby Fort Gordon in 2018 and is expected to be a key contributor to the state’s emerging cyberecosystem"
*More info at- http://www.govtech.com/security/GT-OctoberNovember-2017-Georgias-Cyber-Innovation-and-Training-Lab-to-Strengthen-Security-Through-Collaboration.html
=Google Doc=
Link to original Google doc from when this was a paper: https://docs.google.com/a/rice.edu/document/d/15EtmjxWLLta4SZEW4PlsqxXgA-yEuuZ3OE1Ciin2yHA/edit?usp=sharing
