Growing Indy's Entrepreneur Ecosystem

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From corporate support for the largest collegiate hackathon in Pennsylvania to engaging with the local technology community through our partnership with Inside INdiana Business on their Town Hall series, we believe innovation is imperative to shaping cities of the future and the next generation of entrepreneurs.

During the recent Tech Town Hall at Union 525, a new high-tech haven for startup and growth companies in Indianapolis, it was clear Indiana’s future economic success will be shaped significantly by emerging technology entrepreneurs. Three common themes were conveyed throughout the discussion about how the community as a whole, including political figures, educational institutions and technology companies, can actively support entrepreneurship, innovation, and invention throughout Indiana and across the nation.

Live, Work, Play Trifecta

To create an entrepreneurial, business-friendly environment, it’s imperative to lower the risk factors for entry. Providing affordable and abundant housing in an urban environment as well as commute-friendly suburban options for growing families are key. Additionally, while entrepreneurs may think about their business 24/7, they don’t want to be tied to their desk every day. A vibrant community overflowing with activities and amenities, at home and on the go, continues to play a crucial role in where entrepreneurs choose to set up shop.

Supportive Community

Understanding that we need to tap into communities across Indiana, not just in the metropolitan areas, will continue to be a benchmark for our success. Consequently, we need to provide knowledge and experience to the next generation of entrepreneurs at a very early age via internships, programming and a strong network of educational options. That includes advice from successful mentors who are willing to share their wisdom and possibly financial windfall. Lastly, low barriers to entry, such as start-up investment from regional venture firms and technology companies, will continue to play a crucial role in the state’s success.

Easy Access to Tools & Resources

Cloud computing has made it possible for entrepreneurs to leverage the latest technology in order to build and do business with anyone, anywhere. Business technology infrastructure is helping to accelerate the speed of innovation by providing entrepreneurs with a superfast internet environment and other amenities to meet their business and personal needs, alike.

This infrastructure gives entrepreneurs the flexibility to scale at a pace that best fits their needs and budget at work and at home.

It is evident from the Town Hall event that the momentum and innovation being felt throughout the state is substantial. In order to continue to make waves, we need to insert a bit more swagger into our step and not be too polite to boast about our entrepreneurial prowess in an effort to continue to move our economy forward.

Jeff Marston is vice president of Comcast Business in Indiana as well as Michigan and Kentucky.

IIB Note: You can see more from the Inside INdiana Business Indy Tech Town Hall through the links below:

Indy Tech Town Hall: Women in Tech

Indy Tech Town Hall: How Did We Get Here?

Indy Tech Town Hall: The Union 525 Overview

Indy Tech Town Hall: State of Venture Capital

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