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What is Cultural Entrepreneurship?
1. Global Center for Cultural Entrepreneurship:
Fostering Economic Prosperity and Cultural Wealth
2011
Contact:
Tom Aageson
Executive Director
tom@culturalentrepreneur.org
505.660.3096
Alice Loy
alice@culturalentrepreneur.org
505.263.5180
3. “If we haven’t placed language and culture at the
centerpiece of our economic development
strategies we are contributing to our own demise.
Cultural entrepreneurship is a strategy that can
help us find a middle ground.”
Regis Pecos, Cochiti Pueblo
Global Center for Cultural Entrepreneurship, 2011
4. Entrepreneurship Defined
The pursuit of opportunity without regard to resources
currently under control.
Marketing
Finance Profitable
Risk
Operations
Team
Global Center for Cultural Entrepreneurship, 2011
5. So, what’s different?
Culture and
Innovation
$ Markets
Team
Global Center for Cultural Entrepreneurship, 2011
6. Impact Analysis* of Cultural Enterprises
Children of cultural
entrepreneurs fare better
than others:
• experience less poverty
• stay in school
• learn cultural
traditions
* 2009 -2010 GCCE study
funded by W.K. Kellogg
Foundation. Economic analysis
completed by Dr. Melissa
Binder, University of New
Mexico
6
7. GCCE Vision and Mission
We envision a world in which cultural entrepreneurship creates cultural value and
economic wealth, self-determination, and cultural diversity in communities across the
globe. We envision a world in which cultural entrepreneurs are catalysts for cultural
innovation through their cultural enterprises. Toward this vision, we are creating the
globe's first networked community of cultural entrepreneurs, cultural investors, and
cultural entrepreneurship educators.
GCCE cultivates thought leadership and advocacy to foster an environment in which cultural
entrepreneurs can successfully scale their cultural enterprises. GCCE connects cultural entrepreneurs
with the:
1. Knowledge;
2. Technical assistance;
3. Market links and information;
4. Access to financial capital necessary to the success of their venture.
Global Center for Cultural Entrepreneurship, 2011
9. GCCE Core Tenets
As, talented entrepreneurs drive wealth creation;
We are entrepreneur focused.
As, cultural entrepreneurs have unique opportunities and needs;
We are experts in building cultural enterprises.
As, markets drive profit opportunities;
We build enterprise networks to increase innovation
and speed to market.
Global Center for Cultural Entrepreneurship, 2011
10. GCCE Programs
Fast Forward New Mexico
Goal: Support 3000 NM cultural entrepreneurs leap
across the digital divide
Partners: NM State Library, UNM, ACCION, NM Tech
Council, Chambers of Commerce, SBDC’s
17 public libraries in low-income communities
8 courses - Basic through advanced skills
Courses offered in English, Spanish, Navajo
11. GCCE Programs
EPSCoR/National Science Foundation
Provide training in Española, Crownpoint, Silver City
Navajo, Spanish, English
Partner with cultural enterprise cooperatives to build
business and revenues through
Enterprise development
Product development
Online Marketing
12. GCCE Programs
GCCE Fellowship (program in development)
Two year program, competitive application process
Core program deliverables to Fellows:
access to mentorship and industry expertise
curriculum guided business development
Goals with each Fellow:
Establish solid business foundation in finances, operations,
management team
Increase revenues 50% in 24 months
Create average 1 FTE jobs within 24 months