This Gathering of Leaders 2014 session demystified what tech is and explored the development and expansion of tech entrepreneurship opportunities for men of color.
Tech Entrepreneurship
as an Opportunity Builder
Kapor Center for Social Impact
Cedric Brown
Managing Partner
Kapor Center
Brian Dixon
Investment Associate
Kapor Capital
Mike Green
Co-Founder & Executive
Director
ScaleUp America
Justin Davis &
Mario Lugay
Program Officers
Kapor Center
Travis McCready
Vice President for Programs
Boston Foundation
Gregorio Rojas
Founder
Sabio
Welcome & Pivot
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Why Tech Entrepreneurship?
•Tech entrepreneurship fosters healthy
competition and dynamism in a global
economy. (Larry Summers, Economic
Policy Council)
•Facilitates the incorporation of the new
technologies that fuel economic growth.
(Summers)
•Startup companies in the United States
reliably create many more jobs than
existing companies. (Kauffman
Foundation)
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Why Tech Entrepreneurship?
•Diverse entrepreneurs address diverse
issues, helping to mitigate a variety of
pressing economic, political, and social
issues.
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
What We Hope to Accomplish
•Demystify basics of tech
entrepreneurship
•Inform and inspire the further
development of a tech
entrepreneurship ecosystem in your
community
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Quiz
Need reps from four cities
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q1: Which of the following are
crucial contributors to any local
tech ecosystem & economy?
A) Engineers & Designers
B) Funders & Business Advisors
C) Mentors & Serial Entrepreneurs
D) Robust Legal & Media Sectors
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q1: Which of the following are
crucial contributors to any local
tech ecosystem & economy?
A) Engineers & Designers
B) Funders & Business Advisors
C) Mentors & Serial Entrepreneurs
D) Robust Legal & Media Sectors
Giveaway question – all are important!
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q2: Frederick Hutson, the founder
of Pigeonly, a tech startup featured
in the NY Times, had which of the
following backgrounds before
coming into the tech sector?
A) Urban Zoologist
B) Bicycle Courier
C) Cannabis Distributor
D) Philosophy Major
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q2: Frederick Hutson, the founder
of Pigeonly, a tech startup featured
in the NY Times, had which of the
following backgrounds before
coming into the tech sector?
A) Urban Zoologist
B) Bicycle CourierC) Cannabis
Distributor
D) Philosophy Major
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q3: Y Combinator, NewMe,
TechStars, and 500 StartUps are
examples of cohorts that are
crucial to the survival of startups.
What are those cohorts called?
A) IncubatorsB) Accelerators
C) Generators
D) Technovators
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q3: Y Combinator, NewMe,
TechStars, and 500 StartUps are
examples of cohorts that are
crucial to the survival of startups.
What are those cohorts called?
A) IncubatorsB) Accelerators
C) Generators
D) Technovators
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q4: When seeking capital, tech
entrepreneurs should be prepared
to explain the MVP. What is an
MVP?
A) Minimum Viable Product B)
Mechanically Vital Production
C) Max. Vulnerability Projections
D) Most Vociferous Prayer
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q4: When seeking capital, tech
entrepreneurs should be prepared
to explain the MVP. What is an
MVP?
A) Minimum Viable Product B)
Mechanically Vital Production
C) Max. Vulnerability Projections
D) Most Vociferous Prayer
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q5: Which of the following
Oakland-based organizations help
youth to learn coding/software
development and entrepreneurship
possibilities?
A) Hidden Genius Project
B) Hack the Hood
C) Youth Radio
D) All of the above
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Q5: Which of the following
Oakland-based organizations help
youth to learn coding/software
development and entrepreneurship
possibilities?
A) Hidden Genius Project hiddengeniusproject.orgB)
Hack the Hood hackthehood.org
C) Youth Radio
youthradio.orgD) All of the above
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Quick Wits
Examples from around the Nation:
Mike Green, ScaleUp America
Travis McCready, Boston Foundation
Gregorio Rojas, Sabio
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Quick Wits
Mike Green, ScaleUp America
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Whose JOB
is it to fix
this?
The
unemployment
rate among
African
Americans has
been twice the
national rate
nearly every year
consistently since
Dr. Martin Luther
King was
decrying the
inequities of
America’s
economics in the
1960s.
ScaleUp America
Mike Green
Co-founder,
Executive Director
@amikegreen2
Acceleration
of Innovation
Economy
Agriculture
19th Century
Manufacturing
20th Century
Innovation
21st Century
What
does
this
mean?ECONOMIC TRANSITIONS IN AMERICA
America’s Innovation Economy is
fueled by entrepreneurs
developing TECH STARTUPS.
TECH STARTUPS are fueled by
Innovation Clusters that form
Local Innovation Ecosystems.
Metros are primary places for
STARTUP DENSE corridors and
clusters.
Black and Hispanic
entrepreneurs live right next
door to many of these
ecosystems but remain
disconnected from them.
1. Change the economic narrative across urban
and rural America
2. Promote Inclusive Competitiveness as a
bipartisan vision and 21st century economic
imperative
3. Connect economically disconnected
communities to local innovation ecosystems and
opportunity
ScaleUp America brings communities
together to develop a common vision
of Inclusive Competitiveness and
work collaboratively toward
developing economic inclusive
frameworks to increase job growth
and regional economic
competitiveness.
INCLUSIVE COMPETITIVENESS SUMMIT
EDUCATION COMMUNITY POLICY FUNDING
DEVELOPMENT INDUSTRY ENTREPRENEURS COMMUNICATIONS
K-12 Public Schools
Charter / Private Schools
Faith-based schools
Vocational schools
Community Colleges
Universities
Social / Health orgs
Community Development
Housing / Residential
Faith-based
Non-government orgs
Parent / Student groups
Fraternities/Sororities
Legacy Nonprofits
Government
Public-Private Alliances
Foundations
Professional Associations
Elect/Appointed Officials
Wealthy/Powerful
Individuals
Government/Taxpayers
Banks / Financial orgs
Foundations
Pensions
Private Equity
Venture Capital
Angel Investors
Crowdfunders
Economic Development
Tech-Based Eco Dev
Regional Development
Orgs (CEDS Planning)
Real Estate Development
Public-Private Partners
Faith-based Eco Dev
Universities
Corporations
Mature Large / Small Biz
Successful Startups
Gazelles
Professional Associations
Fraternities/Sororities
Entrepreneurs
Associations
Incubators
Accelerators
Conference/Competitions
Activities/Meetups
Hackathons
Startup Weekends
Media
Public Relations
Corporations
Government
Foundations
Policymakers
Newsmakers/Pundits
Columnists
Collaboration: Communities of Influence
Connect to Resources to Scale Up
How do we start?
• Create Awareness
• Catalyze Collaboration: Policy, Vision, Strategy
• Map Regional Assets
• Impact Investing with measurable results
Quick Wits
Travis McCready, Boston Foundation
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Quick Wits
Gregorio Rojas, Sabio
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Change The Conversation
A startup approach
Gregorio Rojas
Founder
@g8Rojas
Liliana Monge
Founder
@MongeLiliana
Sabio
A Developer Community For All
http://sabio.la
The World of STEM
Change The
Conversation
Gregorio Rojas
Founder
@WeSabio
Big Slow
Focused - Fast - Flexible
8 Weeks of
Prep
10 Weeks of
Training
Job in Any
Industry
Surpass Median HH Income
Change The
Conversation
Gregorio Rojas
Founder
@WeSabio
Jump the Line
Change The
Conversation
Gregorio Rojas
Founder
@WeSabio
Source: http://www.businessinsider.com/heres-median-income-in-the-us-by-race-2013-9
Quest
Divide into small groups
Discuss idea
Pitch to panel
Panel awards prizes
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Quest
Create a campaign, event, or
activity that will catalyze tech
entrepreneurship opportunities in
our communities.
Tech Entrepreneurship
as an Opportunity
Builder
Kapor Center for Social
Impact
@KaporCenter
Contact Information
Kapor Center for Social Impact
@kaporcenter | www.kaporcenter.org
Mike Green
ScaleUp America
@amikegreen2 | www.scaleupcampaign.org
Travis McCready
The Boston Founation
@TravisMcCready | www.tbf.org
Gregorio Rojas
@WeSabio | www.sabio.la