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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
Jonathan Sims
No Reservations Productions
                       Global Center for Cultural Entrepreneurship, 2011
“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
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
So, what’s different?


  Culture and
  Innovation


                        $   Markets


     Team


                            Global Center for Cultural Entrepreneurship, 2011
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
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
Environmental Factors Support Cultural Enterprise Development


                                                   Global Center for Cultural Entrepreneurship, 2011
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
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
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
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

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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
  • 2. Jonathan Sims No Reservations Productions Global Center for Cultural Entrepreneurship, 2011
  • 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
  • 8. Environmental Factors Support Cultural Enterprise Development 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

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