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==Clubs, Meet-Ups, and Community Organizations==
Local initiatives to foster an entrepreneurial community, including but not limited to entrepreneurship clubs, social gatherings, and entrepreneurial related events.
==Entrepreneurship Education==
Formal education offered on topics on or related to entrepreneurship, particularly in higher education such as MBA or undergraduate business programs.
==Established Incumbent Firms==
Established incumbent firms provide partnership, engage in open innovation, and act as a source for acquisition and spin-off in the entrepreneurial ecosystem.
==Flex-space and Other Resource Providers==
Flex-space providers offer a variety of services, primarily focusing on supplying workspace to early stage ventures or entrepreneurs. Some flex-space providers also offer additional resources (e.g. legal services, IT) for a fee, similar to an incubator [[http://www.edegan.com/wiki/index.php/Entrepreneurial_Ecosystem#Incubators]].
==Skilled Labor==
Skilled labor includes individuals with advanced degrees, particularly in the areas of Science, Technology, Engineering, and Mathematics, who are utilizing those skills in the work force.
==Small Business Lending==
Small business lending is a subset of loans offered by financial institutions specifically to small businesses. Small businesses are classified by the SBA [https://www.sba.gov/category/navigation-structure/contracting/contracting-officials/small-business-size-standards] by either size (in millions of dollars) or by number of employees.
==Research Labs==
Research labs provide housing and resources for research conducted in a wide variety of disciplines. A lab’s classification is determined by the source of funding, either public (or government funded) or private. Research labs can act as part of a university setting or as an independent entity.
==Serial Entrepreneurs and Successful VC-backed Firms==
Serial entrepreneurs are individuals who have started multiple start-up ventures over the course of the career, regardless of the success of those ventures. Successful venture capital backed firms encompass not only the founder of those firms but also the employees who worked for the venture throughout its creation.
This is a particularly relevant aspect of the ecosystem, as individuals who have launched start-ups or have worked for succesful start-ups are more likely to engage in entrepreneurship throughout their careers.
==Universities==
Universities as a component of the entrepreneurial ecosystem includes not just the practice of innovation by members of the university community, but also the university's interactions with entrepreneurs, spin-outs, technology transfer offices, and other mechanisms of interaction with the entrepreneurial space.
Entrepreneurial Ecosystem (view source)
Revision as of 15:33, 11 November 2015
, 15:33, 11 November 2015→Components of the Ecosystem
According to the University of New Hampshire's Center for Venture Capital Research[https://paulcollege.unh.edu/sites/paulcollege.unh.edu/files/webform/2014%20Analysis%20Report.pdf], 2014 saw Angel Investors contributing $24.1 billion, a slight decrease from 2013 investment.
==Crowd Funding and Micro-finance==
Micro-finance institutions are banks that give small loans to individuals or groups with low interest rates. The clients of micro-finance institutions are often lower-income households and small business owners looking for micro-loans to expand or create a small business venture. Currently, micro lending in the developing world is significantly more prolific than in the United States or in other developed countries, due to a combination of policy and market obstacles. Though not exclusively, micro-finance institutions are often linked with non governmental organizations, social entrepreneurship, and nonprofit ventures in an attempt to stimulate economic activity and job creation in developing communities. (Sterner and Murdoch, 2001)
==Regulatory Environment==
''in progress''
==Venture Capital==
#Sequoia Capital
#Institutional Venture Partners
==Other components==
In addition to the larger institutional players, the ecosystem benefits from the presence of the following institutions and/or individuals in the community. The following components contribute to developing and cultivating a population of potential entrepreneurs.
*Clubs, meet-ups, and other community organizations
*Entrepreneurship education
*Established incumbent firms
*Flex-space and other resource providers
*Skilled labor
*Small business lending
*Research labs
*Serial entrepreneurs and previous VC-backed firms
*Universities
