Building a Startup Ecosystems and Government role | Grow VC > Blog

Building a Startup Ecosystems and Government role

by: Valto Loikkanen

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I came across this great article in Bloomberg Business week with a topic “Why Boulder is America’s Best Town for Startups“, the article talks about Boulder and how they have build their startup ecosystem and also what is a good role for government. I think this is a very timely topic to many cities around the world, so I wanted to also cover this topic here as well.

There’s no denying the power of the Silicon Valley as the global leader when it comes to startups. That said, it really does not help so much the people outside the Valley and even less the cities around the world that are trying to build their own vibrant startup ecosystem and that’s why I personally see the case for Boulder Colorado, much more appealing for cities around the globe to take a note.

The history of Silicon Valley goes all the way back to great gold rush, so it’s easy to understand, that the model to build a such ecosystem can not really be learned from the Valley alone.

Here are some thoughts from Growvc on how startup communities globally do not need to take so long to develop. As long as there are active local participants, a lot can happen quickly.

The Morpheus – India Startup Incubator

Morpheus

We are a gang of serial entrepreneurs and around 40 startup founders and growing. We believe that India’s startups are coming of age and will have a significant impact on economy in 5 years from now. Via Morpheus we are trying to make a small contribution towards “India’s startup revolution”. We engage with startups in the most crucial phase of their existence, the first 12-18 months, the phase that is also known as valley of death. Morpheus runs a Business Acceleration Program (BAP) for talented, progressive and young startups designed to guide startups through this treacherous phase. During this phase we work with you as a limited co-founder who is experienced and well connected. We are not shy about getting into the nitty gritty and during a typical day we would have edited a critical business proposal, screened resumes, outlined a product roadmap, made vital introductions and the list goes on.

Our main value comes from:

  • Working with you as a limited co-founder who is experienced and well connected
  • Mentoring and hands on participation across different functions like product design, technology, operations, marketing, sales, fund raising, team building, finance etc
  • Learning gained from the experience of working with our portfolio of startups and watching them grow, falter and grow
  • Access to Morpheus’s existing (and growing) business relationships and contacts in India, Silicon valley and other parts of the world
  • Access to community of ever growing Morpheus’s portfolio entrepreneurs (40 as of now)
  • And our passion, love and commitment to early stage startups!

If you are a start-up wanting to know more, get in touch with us here. We promise you some real fun.

You can follow us on twitter @fom_morpheus.

This is an interesting incubator in India that may be a good model that might work in HK as well.

Startup Exhibition echelon 2010: Asia’s Leading Web Technology Event Singapore

Ankoder singapore1

Ankoder is a cloud based video transcoding API enabling companies to easily integrate video functions into their existing web services. With its pay-per-use service, Ankoder enables web services providers to focus their time, resources and capital on developing their businesses, not on creating video encoding infrastructure. Ankoder provides all the ingredients required to get a video site up-and-running quickly, easily and successfully while ensuring that it will scale.

GrowVC united-states-of-america-usa1

Grow VC is bringing the first truly transparent, international, community-based approach to early stage funding. Grow VC can help mobile and web startup stars secure initial funding up to $1m USD. Grow VC also provides tools for the investment process and new transparent ways of doing things.

Muecs malaysia Muecs Co. Ltd. was founded in 2009, by two young entrepreneurs Benjamin Law and Billy Leung. The company are focusing in the areas of web applications and social media. Muecs is a location based service that incorporate social gaming elements. It allow users to share their location activities with friends in a gaming fashion. Muecs rewards people points and achievements by complete orienteering quests, or snap the moment in spots. Users may win an actual goods in the

TaskSee Hong Kong Email overload? Lost files? Long meetings? Tasksee.com is a service that enables teams to work on tasks together with more visibility and less hassle. Easily and securely include customers or vendors in your workflow. Track and share versions for large files. Keep communication together with the work progress on a task, including notifying and receiving confirmation or comments via email. Reduce email to action items needing attention. See when a task or project is at risk, before it becomes overdue. See the status of a project at any time, not just during a weekly meeting. Includes both Chinese and English interfaces.

The list of companies demoing at echelon 2010 has just been posted. See the page for the full list. Shown are the ones from HK that are going.