Entrepreneurial Support Systems

Community Vision Graphic
“Good entrepreneurs are community builders, actively involved with their communities, and dedicated to the community’s well being. If you're dedicated to your community, it will be dedicated to you.” –Robert Kiyosaki

Entrepreneurial support systems generate community-wide benefits. These systems have a transformative impact on economic development, by promoting collaboration, improving productivity, and increasing effectiveness. Other outcomes include: increased job creation, development of new businesses, growth of existing businesses, and improved overall quality of life. Entrepreneurial communities work to develop local entrepreneurs and to attract new entrepreneurs.

Components of an entrepreneurial support system:

  • Networking and mentoring opportunities
  • Educational programs and local knowledge base
  • Access to financing and capital
  • Recognition and support of entrepreneurial pursuits
  • Public policy that encourages innovation and new enterprises