Emerging Ecosystems

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Austin, TX: Emerging Ecosystems

McNair Project
Emerging Ecosystems
Project logo 02.png
Project Information
Project Title Emerging Entrepreneurship Ecosystems
Owner Eliza Martin
Start Date Fall 2016
Deadline
Primary Billing
Notes
Has project status Active
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Washington, D.C.: Emerging Ecosystems

According to a 2015 Global Entrepreneurship Monitor Report, approximately 11.9% of United States adults are starting and running new businesses. The United States Bureau of Labor Statistics reports an increase in the number of businesses less than one year old and jobs created by businesses less than one year old. While entrepreneurship in the United States is strong, there are significant challenges to maintaining growth.

Important for continued US entrepreneurship growth is the development of entrepreneurial ecosystems. Accelerators, angel investors, hubs, strong crowd funding and micro-finance availability, encouraging regulatory environment, and availability of venture capital are all components on successful ecosystems. Silicon Valley (Palo Alto, California), Route 128 (Massachusetts), and The Research Triangle (North-Carolina) have facilitated the success of many companies such as Facebook, Google, Integrated Computer Solutions, and Digital Equipment Corporation. Across the country, many new entrepreneurship ecosystems are emerging.


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