The Startup Asset Class
How to Build a Startup Asset Class:
One fundamental building block to successful startup investing is defining the sectors and technologies that will fit your startup asset class. A second critical step involves creating an education program to explain the purpose, risks, diversification, time horizon, and expected returns in a portfolio of early-stage technology companies.
But what can catalyze the growth of your startup investing and the ecosystem is tapping into state funding to support innovation and economic development.
Connecting to State Funding for Innovation, Research and Economic Development:
State governments have embarked on ambitious plans to spark innovation and economic growth through technology startups. However, the challenge is formidable: How does a state effectively ignite this kind of entrepreneurial movement? How do they fan the flames of innovation without getting burned? It’s a delicate art akin to starting a fire – one that requires the right environment, the right resources, and, most importantly, the right kind of expertise to ensure it burns bright and sustainable.
Matching your Asset Class to State Funding Objectives:
The quest of state governments to foster technology-driven economic growth is more than just a financial endeavor; it’s about strategically channeling resources and expertise to create a self-sustaining blaze of innovation. But as many states have discovered, it’s not as straightforward as it seems. Identifying the right channels, defining clear objectives, and maintaining effective oversight present a labyrinth of challenges. We’re not just talking about funding here; we’re discussing the art of kindling an entrepreneurial spirit that can sustain and grow on its own.
The Queen City Angels Connect with the Ohio Third Frontier Program:
My guest is Tony Shipley, Founder of the Queen City Angels. In this podcast, we review how the Queen City Angels partnered with the Ohio Third Frontier Program to support the growth of a vibrant startup community. Once the financial momentum was established, local universities, such as the University of Cincinnati, and public corporations, such as Kroger, Proctor & Gamble, and Fifth Third Bank, made major commitments to the support and vitality of the startup community. Â
Key Concepts
Contacts
Tony Shipley : tshipley@QCA.com
Jim Connor : jconnor@gamechangers.tv
Website Link - : https://innovation.uc.edu
You can find more information about the Queen City Angels at
Information on the Ohio Third Frontier Program.
https://development.ohio.gov/business/third-frontier-and-technology
Information on the Centrifuse Program in Cincinnati.
Information on the University of Cincinnati Venture Lab:
https://innovation.uc.edu/startups/our-process.html
The University Innovation Lab:
https://innovation.uc.edu/UCEsports/InnovationLab.html