Monday, 4 July 2011

Other ideas to help entrepreneurs get started...

Hello folks,


This some ideas that might help you as an entrepreneur to get started....

Invest in entrepreneur education. To create an innovative culture, the state must start early, said Tim Putnam of the John Pappajohn Entrepreneurial Center at North Iowa Area Community College. That includes "entrepreneur for the day" events for fifth-graders, "when creativity is sky-high," and high school academies.

Move at startup speed. "Be quick and be mindful that startups have to move at their own pace. They can't afford to slow down," said Mike Colwell, executive director of the Business Innovation Zone. Securing a state grant is often a three- to six-month process, and although the wait has shortened, that's a long time for a startup, he said.

Invest in quality of life. Efforts to cultivate the arts, music and other amenities in Des Moines have paid off in recruiting skilled workers, said Leann Jacobson, president of the Technology Association of Iowa. "It's helped create an innovative, creative community that kids want to come back to."

Give entrepreneurs feedback. "Part of innovation is, I want the no as quick as I get the yes," Canvis President David Gion said. "That's missing as well."

Shelter startups. Christian Renaud and Tej Dhawan are launching Startup City Des Moines, which would house and provide mentoring for 10 to 15 tech firms downtown. Startup City is asking the state, city of Des Moines, the Corporation for Economic Development in Des Moines, Polk County and the Greater Des Moines Partnership to pitch in $750,000 total over three years. More than 60 companies have expressed interest in moving into the incubator. "We want to water a bunch of these sprouts popping up," Renaud said.

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