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.

Entrepreneur communities are emerging in Hong Kong | Grow VC > Blog

Hong Kong has been as busy as usually. It has been a pleasure to meet a lot of entrepreneurs and people who are helping startups. Our main bank HSBC also has now their head office functions, including CEO’s office, here in Hong Kong. So, these days have been full of meetings with existing and potential users and partners of Grow VC. I was also able to visit in a famous Scandinavian-Finnish restaurant, FINDS, and get some Finnish food in HK, and meet some good friends, like Thibaud, Eric and Tomi, who also help me here.

Grow VC HQI especially like to thank Michael, Daniel, and Jonathan, who were interested to organize meetings on Saturday and also invite other entrepreneurs. Michael is actually working in Shenzhen and can help to create entrepreneur communities there too. It was also an honor to meet Charles Mok, who is very well known and respected character in HK’s Internet business community. In all these meetings we also talked about Grow VC’s concept to enable people to create their own funding network on Grow VC’s platform. We are looking partners to do it locally around the world.

I had an excellent meeting with Jouko on Saturday. I’m planning on signing up for their system and putting together a review of everything to cover what they are doing and what my experience with it is.