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Creating Startup Junkies
Building Sustainable Venture Ecosystems
in Unexpected Places
Jeff Amerine
Managing Director & Founder,
Startup Junkie Consulting & Innovation Junkie
What we do …
We inspire and empower
entrepreneurs, innovators, & makers.
Why we do it …
Kauffman Foundation estimates
that 85% of all “net new” job
creation comes from start-up
companies.
Small Businesses represent
approximately 99% of all employers
and about 50% of all employees in
the U.S.
(43% of all high-tech jobs)
(13x more patents per employee)
What’s the #1 reason
startup companies fail?
How we do it …
Sustainable venture ecosystems …
World Class Partners
A 1,500 sq ft makerspace on the
University of Central Arkansas
campus that is open to students,
faculty, staff, and the community
for no cost use of the equipment
and services.
The space is open M-F 8:30 am - 5
pm with some extended hours
during the school year.
The space saw almost 1,800
appointments in 2019.
Example Projects:
A UCA student utilizes
the Makerspace tools to
create large signs for his
celebration sign
business.
This is a prototype for a
community member with
an idea for a new
propulsion device
A UCA Student makes
these stamps for her art
business in the UCA
Makerspace
This community
member utilized
the Makerspace
to create a new
medical device to
help pediatric
inpatients. He is
in the 2nd stage
of his patent
application.
Recently, as the COVID-19 pandemic developed, the UCA Makerspace
was able to collaborate with the maker taskforce and organizations
across the state to prototype PPE solutions.
Innovation in Crisis:
Where we do it …
Based in Conway,
serving Faulkner
County and 10 other
counties.
1. Yell
2. Logan
3. Johnson
4. Pope
5. Conway
6. Van Buren
7. Cleburn
8. White
9. Lonoke
10. Pulaski
New Initiatives …
● 60 Total Recommendations
● 11 in each 4 pillar area
● 8 to Municipal/State Leaders
● 8 to President/Members of
Congress
● 6 week technical assistance program for downtown
merchants and rural small businesses impacted by
COVID-19
● Face to face or Zoom weekly discussion groups
● Recorded content for those in digital divide
● Peer to Peer learning network
● Bridging the S. Korea
and Arkansas venture
ecosystems
● Korea Testbed Cohort:
11 ventures rolling out
in North America
● Cohort: AI, Retail Tech,
Supply Chain Tech,
Food Safety, and
Cybersecurity
www.CreatingStartupJunkies.com
● Talent: Foster
Pro-Entrepreneur Workforce
Programs
● Culture: The Ability for All to
Take Risks
● Community Engagement:
Streamline the Process of
Starting a Business
● Capital: Equal Access to the
Right Kind of Funding
Everywhere
www.CreatingStartupJunkies.com
Start where you are.
(Don’t start with a building.)
1
2
3
5
4
Convene a group of committed “change agents.”
Complete a community asset inventory and create a
plan to leverage the assets toward a common vision.
Focus on the ”Four Pillars” (Talent, Culture, Community
Engagement, and Capital), in that order.
Don’t try to do it alone & don’t reinvent the wheel. Plug
into the network. Collaborate with anyone who will.
Build supporting infrastructure when the demand
begins to get overwhelming … not before.
Questions?
Jeff Amerine
Jeff@startupjunkieconsulting.com

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Tourism & Recreation Build Healthy Economies

  • 1. Creating Startup Junkies Building Sustainable Venture Ecosystems in Unexpected Places Jeff Amerine Managing Director & Founder, Startup Junkie Consulting & Innovation Junkie
  • 3. We inspire and empower entrepreneurs, innovators, & makers.
  • 4. Why we do it …
  • 5. Kauffman Foundation estimates that 85% of all “net new” job creation comes from start-up companies.
  • 6. Small Businesses represent approximately 99% of all employers and about 50% of all employees in the U.S. (43% of all high-tech jobs) (13x more patents per employee)
  • 7. What’s the #1 reason startup companies fail?
  • 8. How we do it …
  • 9.
  • 12.
  • 13. A 1,500 sq ft makerspace on the University of Central Arkansas campus that is open to students, faculty, staff, and the community for no cost use of the equipment and services. The space is open M-F 8:30 am - 5 pm with some extended hours during the school year. The space saw almost 1,800 appointments in 2019.
  • 14. Example Projects: A UCA student utilizes the Makerspace tools to create large signs for his celebration sign business. This is a prototype for a community member with an idea for a new propulsion device A UCA Student makes these stamps for her art business in the UCA Makerspace This community member utilized the Makerspace to create a new medical device to help pediatric inpatients. He is in the 2nd stage of his patent application.
  • 15. Recently, as the COVID-19 pandemic developed, the UCA Makerspace was able to collaborate with the maker taskforce and organizations across the state to prototype PPE solutions. Innovation in Crisis:
  • 16. Where we do it …
  • 17.
  • 18. Based in Conway, serving Faulkner County and 10 other counties. 1. Yell 2. Logan 3. Johnson 4. Pope 5. Conway 6. Van Buren 7. Cleburn 8. White 9. Lonoke 10. Pulaski
  • 20.
  • 21.
  • 22. ● 60 Total Recommendations ● 11 in each 4 pillar area ● 8 to Municipal/State Leaders ● 8 to President/Members of Congress
  • 23.
  • 24.
  • 25. ● 6 week technical assistance program for downtown merchants and rural small businesses impacted by COVID-19 ● Face to face or Zoom weekly discussion groups ● Recorded content for those in digital divide ● Peer to Peer learning network
  • 26. ● Bridging the S. Korea and Arkansas venture ecosystems ● Korea Testbed Cohort: 11 ventures rolling out in North America ● Cohort: AI, Retail Tech, Supply Chain Tech, Food Safety, and Cybersecurity
  • 28. ● Talent: Foster Pro-Entrepreneur Workforce Programs ● Culture: The Ability for All to Take Risks ● Community Engagement: Streamline the Process of Starting a Business ● Capital: Equal Access to the Right Kind of Funding Everywhere
  • 30. Start where you are. (Don’t start with a building.)
  • 31. 1 2 3 5 4 Convene a group of committed “change agents.” Complete a community asset inventory and create a plan to leverage the assets toward a common vision. Focus on the ”Four Pillars” (Talent, Culture, Community Engagement, and Capital), in that order. Don’t try to do it alone & don’t reinvent the wheel. Plug into the network. Collaborate with anyone who will. Build supporting infrastructure when the demand begins to get overwhelming … not before.