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Urban Innovation Roundtable




                     Portland, Oregon
Pipeline to Productivity
                        entrepreneurs      capital
       education
                        workforce           jobs


                                           high-wage workers
Challenge: How does the greater Portland
region ensure economic contribution and
competitiveness from all communities to
                                           liquidity event
strengthen the overall economy for
everyone in the region?
                                           investors


                                           wealth
Pipeline to Productivity
Challenge: How do we
establish a more level field of
opportunity, investment and
outcomes that effectively
address historically chronic
economic disparities and
help the small grow big?

Goal: Increased productivity through inclusive
economic competitiveness, resulting in
greater job growth and wealth creation.
Pipeline to Productivity

Education: How do we invest
in the education pipeline to
ensure a substantial increase
in the flow of workers
capable and qualified to
contribute to a 21st century
fast-paced, knowledge-
based, tech-driven global
innovation economy?
Pipeline to Productivity

STEM Education: How do we
ensure no child is left behind
in an increasingly tech-driven
entrepreneurial landscape?
Pipeline to Productivity

Entrepreneurship: How do we inspire, prepare and equip high-
growth entrepreneurs across the spectrum of economic
disparities, resulting in growing companies that produce an
increase in job growth in our region?
Pipeline to Productivity

Capital: How do we provide
channels of access to risk
capital and innovative funding
options for startups, existing
small businesses and growth-
stage enterprises?
                                 Kauffman Foundation: Nearly all net new
                                 job growth in the U.S., since 1980, is due to
                                 companies five years old and younger.
Pipeline to Productivity
                                                                               Seeking
                                                                             Investment
                             BRIDGE: How do we
                             connect the economically
CONNECTED                                                                DISCONNECTED
                             disconnected to the                             Community Orgs
Entrepreneur Resource Orgs                                                  Social / Civic Orgs
Angel Groups                 regional innovation                               Public Schools
Venture Capital
Corporations
                             ecosystem, from the                                     Churches

Small Businesses             pipeline of STEM education
Public School Districts
Colleges / Universities      to the productivity of high-
Foundations
Government agencies
                             growth entrepreneurship?
Financial Institutions
Professional Associations
Business Alliances
Economic Development Orgs

                                       How do we ensure equity investments in our
                                       communities to reap a greater economic output
                                       contribution that strengthens the regional economy?
Pipeline to Productivity
                                                                          Seeking
                                                                        Investment
                             OUTCOMES: How do we
                             create measurable
CONNECTED                                                         DISCONNECTED
                             outcomes in all regional                   Community Orgs
Entrepreneur Resource Orgs                                             Social / Civic Orgs
Angel Groups                 communities across the                       Public Schools
Venture Capital
Corporations
                             three core foundations of                          Churches

Small Businesses             the innovation economy?
Public School Districts
Colleges / Universities
Foundations
Government agencies                         INNOVATION ECONOMY
Financial Institutions
Professional Associations       • STEM Education & Workforce Development
Business Alliances
Economic Development Orgs       • Entrepreneurship (Focus on High-Growth)
                                • Access to Capital & Capital Formation
                                        JOB GROWTH * WEALTH CREATION
Urban Innovation Roundtable
                                                                       Seeking
                                                                     Investment


                             IDEA: Establish an Inclusive
                             Decision-Making Leadership Body.      DISCONNECTED
CONNECTED
                                                                     Community Orgs
Entrepreneur Resource Orgs   Unite leaders from within the          Social / Civic Orgs
Angel Groups                                                           Public Schools
                             connected economic infrastructure
Venture Capital                                                              Churches
Corporations                 with leadership in economically
Small Businesses             disconnected communities around
Public School Districts      a neutral roundtable of equality.
Colleges / Universities
Foundations
Government agencies          Goal: Work together to develop
Financial Institutions       multi-generational culturally
Professional Associations
                             competent inclusive economic
Business Alliances
Economic Development Orgs    strategies, milestones and
                             outcomes that strengthen the
                             region’s economy for the benefit of
                             all residents.
Urban Innovation Roundtable
                                 measurable outcomes
                                                                          Seeking
                                                                        Investment




CONNECTED                                                             DISCONNECTED
                                                                        Community Orgs
Entrepreneur Resource Orgs                                             Social / Civic Orgs
Angel Groups                                                              Public Schools
Venture Capital                                                                 Churches
Corporations
Small Businesses
Public School Districts
Colleges / Universities
Foundations
Government agencies
Financial Institutions       Increased STEM educated communities
Professional Associations
Business Alliances             Increased tech-qualified workforce
Economic Development Orgs    Increased High-Growth Entrepreneurship
                              More Successful Companies and Jobs
                                   Stronger Regional Economy
Urban Innovation Roundtable




             How do we get started?

Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Urban Innovation Roundtable
The UIR consists of two primary parts:

Governing Board: Approves budget and provides resources necessary
to implement and sustain the strategies developed by the working
groups to ensure multi-generational outcomes and the overall success
of the UIR.

3 Working Groups: Representing the 3 core foundations of the
Innovation Economy, these Working Groups are comprised of
collaborative leadership working together to develop strategies,
milestones and outcomes that connect economically disconnected
sectors to the regional innovation ecosystem.
              STEM Education • Entrepreneurship • Access to Capital



                        The America21 Project connects with stakeholders
                        in the region, identifies a lead organization with
                        which to partner, assembles the UIR and manages
                        the initial process through the kickoff conference.
Portland Urban Innovation Roundtable



                               UIR Working Groups
       STEM Education &                 High Growth                Access to Capital &
     Workforce Development            Entrepreneurship             Capital Formation

        Filling the Pipeline         Mining Opportunity            Providing Resources
                                     Reducing Fail / Risk        Relationships / Networks


                                  Disconnected Communities
                                          African American
                                               Hispanic
                                                Other

                                    Regional Data / Analytics
                                           Asset Mapping


Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Urban Innovation Roundtable


The America21 Project connects with stakeholders in the region, identifies a
lead organization with which to partner, assembles the UIR and manages the
initial process through the kickoff conference:
    National Urban Innovation Conference and STEM Expo (Q1 2013)
Assembly Process:
•   Identify lead organization; establish seed funding to cover assembly process
•   Identify and engage regional stakeholders; establish commitment to process
•   Establish and convene Governing Board
•   Establish and convene Working Groups
•   Provide UIR with Asset Mapping Report and Framework for Outcomes
•   Transition UIR to permanent structure established by stakeholders
•   America21 begins work of producing National Urban Innovation Conference
Urban Innovation Roundtable
  Working Groups Assembly Structure: Example 1
STEM Working Group:             Entrepreneur Working Group:                Capital Working Group:
Identifies Best Practices       Establishes resource-rich                  Identifies and structures
nationwide and extends          programs to promote                        local capital resources to
invitation to participate in    entrepreneurship, networking,              support the outcomes of
2013 STEM Expo.                 education, mentoring and                   the Entrepreneur Working
Establishes measurable          bridging disconnected sectors              Group.
goals for improved              to the innovation ecosystem.               Establishes an Urban
educational achievement         Establishes measurable goals               Angels Group with an
and implementation of           for producing funded startups              Urban Innovation Fund.
select STEM programs in         and expansion of existing                  Recruits and educates high
participating schools.          businesses.*                               net worth individuals to
                                                                           growth the Urban Angels
                                                                           group.*

                           *Example Goal: 3 funded startups and 2 expanded local businesses in Y1.
                           Successful model will reap exponential results in subsequent years.
Urban Innovation Roundtable
  Working Groups Assembly Structure: Example 2
INNOVATION NATION           ACCELERATING INNOVATION:          INNOVATION ECOSYSTEM:
CHALLENGE:                  UIR Working Groups choose 5       UIR provides funding for
America21 develops online   additional in-state startups to   the operation of the
national Startup Contest.   join the UIR accelerator.         accelerator and an Urban
Entries are vetted by the   Working Group members offer       Innovation Fund to invest
UIR Working Groups.         mentoring and wraparound          in companies that pass the
10 startups are chosen to   resources to ensure the best      due diligence phase.
come to Portland and work possible opportunity for all of     Companies agree to
in a co-working facility    the companies to succeed.         remain in the region and
(branded accelerator) with Company founders (teams of         hire local talent and
access to resources offered 2-5 max) launch within six        collaborate with local
by the UIR for a specified  months or must leave the          businesses in their supply
time to launch or leave.    accelerator. Successful           chain as much as is
                            companies can extend up to        reasonable.
                            an additional six months.
INNOVATIONNATION
       CHALLENGE
Urban Innovation Roundtable
   Official conference will kickoff the UIR with a nationwide spotlight




    National Urban Innovation
Conference & STEM Education Expo
                  Portland will be the epicenter for Inclusive Competitiveness
                  Strategies, attracting best practices leaders from around the
                  nation. The White House will participate in support of its
                  Urban Entrepreneurship Summit that has traveled the nation.
THE UIR ASSEMBLY PROCESS
                     5 Phases
                                                    Urban Innovation Roundtable
                                                               Portland, Oregon




   Empowering economically disconnected urban sectors with innovative
infrastructures to expand and strengthen the regional economic ecosystem.
Portland Urban Innovation Roundtable
                                                               Benefits:
                                                               Develop New Economic Framework
                                                               Establish New Collaborations
                                                               Support Historic Effort

 Commit                                                        Seat on Governing Board


                                    PHASE 1
                            SPONSOR • FUNDING • IN-KIND
                                    Month 1-2

 Secure office space & other resources
 Secure seed funding
 Establish partnerships for mapping / board development / fundraising
 Secure commitments from leaders in established and disconnected sectors




Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Portland Urban Innovation Roundtable
                                                                    Benefits:
                                                                    Positive Community Relations
                                                                    Positive Media Relations
                                                                    Expand Reach / Branding

 Engage
                                    PHASE 2
                            IDENTIFY • ENGAGE • INFORM
                                     Month 2-4

 Establish Advisory Groups from Disconnected Communities
 Identify and Connect Disconnected Community Programs
 Partner with Government & Regional Economic Agencies
 Build Relationships with Local Educational Institutions
 Identify and Connect with Existing Synergistic Initiatives


Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Portland Urban Innovation Roundtable
                                                                    Benefits:
                                                                    Positive Community Relations
                                                                    Empower Advisory Groups
                                                                    Establish Knowledge Base

 Assess
                                    PHASE 3
                     ASSET IDENTIFICATION • MAPPING REPORT
                                    Month 3-5

 Identify Partner Organizations / Groups / Universities
 Identify Specific Causes of Disparities
 Develop Regional List of Categorized Assets
 Develop Database
 Publish Phase 1 Report for UIR


Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Portland Urban Innovation Roundtable
                                                                    Benefits:
                                                                    Positive Community Relations
                                                                    Create Alliance / Partnerships
                                                                    Historic Impact

 Convene                                                            Strengthen Regional Economy


                                    PHASE 4
             GOVERNING BOARD • WORKING GROUPS • FUNDRAISING
                                Month 3-5

 Establish Governing Board from Connected & Disconnected Communities
 Develop Shared Vision and Plan for Sustainable Growth
 Engage STEM Oriented Working Group with Existing Groups
 Establish Entrepreneurship Working Group to Onboard Disconnected
 Form Work Group to Extend Angel/Capital Networks and Build Relationships


Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Portland Urban Innovation Roundtable
                                                                 Benefits:
                                                                 Positive Community Relations
                                                                 Create Alliance / Partnerships
                                                                 Historic Economic Impact

 Express                                                         Increase innovation infrastructure
                                                                 Strengthen Regional Economy
                                    PHASE 5
                                      LAUNCH UIR
                                       Month 4-6


 Collaborative Urban Innovation Roundtable Launched
 Shared Vision Execution Begins / Launch website & monthly newsletter
 Establishes Portland as First Mover with Bragging Rights
 Launch Production of Major Event with Regional / National Media Exposure



Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Portland Urban Innovation Program



                                 DELIVERABLES
                                         6-8 MONTHS

   Baseline Asset Map of Target Regions
   Advisory Group From Each Target Disconnected Community
   Governing Board, Portland Urban Innovation Roundtable
   Three Working Groups, Portland UIR
   Communications Platform (website/newsletter/mobile/PR)
   National Urban Innovation Conference Plan



Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Portland Urban Innovation Roundtable




Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
Contact:                                                                                Contact:
Mike Green, Co-founder America21                             Dwayne Johnson, Partner, America21
mike@blackinnovation.org                                           djwayne@artfulphoenix.com
(541) 730-2164                                                                   (971) 217-7396
Urban Innovation Roundtable




                     Portland, Oregon

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Portland Urban Innovation Roundtable - Strategic Assembly Plan - June 2012

  • 1. Urban Innovation Roundtable Portland, Oregon
  • 2. Pipeline to Productivity entrepreneurs capital education workforce jobs high-wage workers Challenge: How does the greater Portland region ensure economic contribution and competitiveness from all communities to liquidity event strengthen the overall economy for everyone in the region? investors wealth
  • 3. Pipeline to Productivity Challenge: How do we establish a more level field of opportunity, investment and outcomes that effectively address historically chronic economic disparities and help the small grow big? Goal: Increased productivity through inclusive economic competitiveness, resulting in greater job growth and wealth creation.
  • 4. Pipeline to Productivity Education: How do we invest in the education pipeline to ensure a substantial increase in the flow of workers capable and qualified to contribute to a 21st century fast-paced, knowledge- based, tech-driven global innovation economy?
  • 5. Pipeline to Productivity STEM Education: How do we ensure no child is left behind in an increasingly tech-driven entrepreneurial landscape?
  • 6. Pipeline to Productivity Entrepreneurship: How do we inspire, prepare and equip high- growth entrepreneurs across the spectrum of economic disparities, resulting in growing companies that produce an increase in job growth in our region?
  • 7. Pipeline to Productivity Capital: How do we provide channels of access to risk capital and innovative funding options for startups, existing small businesses and growth- stage enterprises? Kauffman Foundation: Nearly all net new job growth in the U.S., since 1980, is due to companies five years old and younger.
  • 8. Pipeline to Productivity Seeking Investment BRIDGE: How do we connect the economically CONNECTED DISCONNECTED disconnected to the Community Orgs Entrepreneur Resource Orgs Social / Civic Orgs Angel Groups regional innovation Public Schools Venture Capital Corporations ecosystem, from the Churches Small Businesses pipeline of STEM education Public School Districts Colleges / Universities to the productivity of high- Foundations Government agencies growth entrepreneurship? Financial Institutions Professional Associations Business Alliances Economic Development Orgs How do we ensure equity investments in our communities to reap a greater economic output contribution that strengthens the regional economy?
  • 9. Pipeline to Productivity Seeking Investment OUTCOMES: How do we create measurable CONNECTED DISCONNECTED outcomes in all regional Community Orgs Entrepreneur Resource Orgs Social / Civic Orgs Angel Groups communities across the Public Schools Venture Capital Corporations three core foundations of Churches Small Businesses the innovation economy? Public School Districts Colleges / Universities Foundations Government agencies INNOVATION ECONOMY Financial Institutions Professional Associations • STEM Education & Workforce Development Business Alliances Economic Development Orgs • Entrepreneurship (Focus on High-Growth) • Access to Capital & Capital Formation JOB GROWTH * WEALTH CREATION
  • 10. Urban Innovation Roundtable Seeking Investment IDEA: Establish an Inclusive Decision-Making Leadership Body. DISCONNECTED CONNECTED Community Orgs Entrepreneur Resource Orgs Unite leaders from within the Social / Civic Orgs Angel Groups Public Schools connected economic infrastructure Venture Capital Churches Corporations with leadership in economically Small Businesses disconnected communities around Public School Districts a neutral roundtable of equality. Colleges / Universities Foundations Government agencies Goal: Work together to develop Financial Institutions multi-generational culturally Professional Associations competent inclusive economic Business Alliances Economic Development Orgs strategies, milestones and outcomes that strengthen the region’s economy for the benefit of all residents.
  • 11. Urban Innovation Roundtable measurable outcomes Seeking Investment CONNECTED DISCONNECTED Community Orgs Entrepreneur Resource Orgs Social / Civic Orgs Angel Groups Public Schools Venture Capital Churches Corporations Small Businesses Public School Districts Colleges / Universities Foundations Government agencies Financial Institutions Increased STEM educated communities Professional Associations Business Alliances Increased tech-qualified workforce Economic Development Orgs Increased High-Growth Entrepreneurship More Successful Companies and Jobs Stronger Regional Economy
  • 12. Urban Innovation Roundtable How do we get started? Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 13. Urban Innovation Roundtable The UIR consists of two primary parts: Governing Board: Approves budget and provides resources necessary to implement and sustain the strategies developed by the working groups to ensure multi-generational outcomes and the overall success of the UIR. 3 Working Groups: Representing the 3 core foundations of the Innovation Economy, these Working Groups are comprised of collaborative leadership working together to develop strategies, milestones and outcomes that connect economically disconnected sectors to the regional innovation ecosystem. STEM Education • Entrepreneurship • Access to Capital The America21 Project connects with stakeholders in the region, identifies a lead organization with which to partner, assembles the UIR and manages the initial process through the kickoff conference.
  • 14. Portland Urban Innovation Roundtable UIR Working Groups STEM Education & High Growth Access to Capital & Workforce Development Entrepreneurship Capital Formation Filling the Pipeline Mining Opportunity Providing Resources Reducing Fail / Risk Relationships / Networks Disconnected Communities African American Hispanic Other Regional Data / Analytics Asset Mapping Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 15. Urban Innovation Roundtable The America21 Project connects with stakeholders in the region, identifies a lead organization with which to partner, assembles the UIR and manages the initial process through the kickoff conference: National Urban Innovation Conference and STEM Expo (Q1 2013) Assembly Process: • Identify lead organization; establish seed funding to cover assembly process • Identify and engage regional stakeholders; establish commitment to process • Establish and convene Governing Board • Establish and convene Working Groups • Provide UIR with Asset Mapping Report and Framework for Outcomes • Transition UIR to permanent structure established by stakeholders • America21 begins work of producing National Urban Innovation Conference
  • 16. Urban Innovation Roundtable Working Groups Assembly Structure: Example 1 STEM Working Group: Entrepreneur Working Group: Capital Working Group: Identifies Best Practices Establishes resource-rich Identifies and structures nationwide and extends programs to promote local capital resources to invitation to participate in entrepreneurship, networking, support the outcomes of 2013 STEM Expo. education, mentoring and the Entrepreneur Working Establishes measurable bridging disconnected sectors Group. goals for improved to the innovation ecosystem. Establishes an Urban educational achievement Establishes measurable goals Angels Group with an and implementation of for producing funded startups Urban Innovation Fund. select STEM programs in and expansion of existing Recruits and educates high participating schools. businesses.* net worth individuals to growth the Urban Angels group.* *Example Goal: 3 funded startups and 2 expanded local businesses in Y1. Successful model will reap exponential results in subsequent years.
  • 17. Urban Innovation Roundtable Working Groups Assembly Structure: Example 2 INNOVATION NATION ACCELERATING INNOVATION: INNOVATION ECOSYSTEM: CHALLENGE: UIR Working Groups choose 5 UIR provides funding for America21 develops online additional in-state startups to the operation of the national Startup Contest. join the UIR accelerator. accelerator and an Urban Entries are vetted by the Working Group members offer Innovation Fund to invest UIR Working Groups. mentoring and wraparound in companies that pass the 10 startups are chosen to resources to ensure the best due diligence phase. come to Portland and work possible opportunity for all of Companies agree to in a co-working facility the companies to succeed. remain in the region and (branded accelerator) with Company founders (teams of hire local talent and access to resources offered 2-5 max) launch within six collaborate with local by the UIR for a specified months or must leave the businesses in their supply time to launch or leave. accelerator. Successful chain as much as is companies can extend up to reasonable. an additional six months.
  • 18. INNOVATIONNATION CHALLENGE
  • 19. Urban Innovation Roundtable Official conference will kickoff the UIR with a nationwide spotlight National Urban Innovation Conference & STEM Education Expo Portland will be the epicenter for Inclusive Competitiveness Strategies, attracting best practices leaders from around the nation. The White House will participate in support of its Urban Entrepreneurship Summit that has traveled the nation.
  • 20. THE UIR ASSEMBLY PROCESS 5 Phases Urban Innovation Roundtable Portland, Oregon Empowering economically disconnected urban sectors with innovative infrastructures to expand and strengthen the regional economic ecosystem.
  • 21. Portland Urban Innovation Roundtable Benefits: Develop New Economic Framework Establish New Collaborations Support Historic Effort Commit Seat on Governing Board PHASE 1 SPONSOR • FUNDING • IN-KIND Month 1-2 Secure office space & other resources Secure seed funding Establish partnerships for mapping / board development / fundraising Secure commitments from leaders in established and disconnected sectors Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 22. Portland Urban Innovation Roundtable Benefits: Positive Community Relations Positive Media Relations Expand Reach / Branding Engage PHASE 2 IDENTIFY • ENGAGE • INFORM Month 2-4 Establish Advisory Groups from Disconnected Communities Identify and Connect Disconnected Community Programs Partner with Government & Regional Economic Agencies Build Relationships with Local Educational Institutions Identify and Connect with Existing Synergistic Initiatives Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 23. Portland Urban Innovation Roundtable Benefits: Positive Community Relations Empower Advisory Groups Establish Knowledge Base Assess PHASE 3 ASSET IDENTIFICATION • MAPPING REPORT Month 3-5 Identify Partner Organizations / Groups / Universities Identify Specific Causes of Disparities Develop Regional List of Categorized Assets Develop Database Publish Phase 1 Report for UIR Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 24. Portland Urban Innovation Roundtable Benefits: Positive Community Relations Create Alliance / Partnerships Historic Impact Convene Strengthen Regional Economy PHASE 4 GOVERNING BOARD • WORKING GROUPS • FUNDRAISING Month 3-5 Establish Governing Board from Connected & Disconnected Communities Develop Shared Vision and Plan for Sustainable Growth Engage STEM Oriented Working Group with Existing Groups Establish Entrepreneurship Working Group to Onboard Disconnected Form Work Group to Extend Angel/Capital Networks and Build Relationships Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 25. Portland Urban Innovation Roundtable Benefits: Positive Community Relations Create Alliance / Partnerships Historic Economic Impact Express Increase innovation infrastructure Strengthen Regional Economy PHASE 5 LAUNCH UIR Month 4-6 Collaborative Urban Innovation Roundtable Launched Shared Vision Execution Begins / Launch website & monthly newsletter Establishes Portland as First Mover with Bragging Rights Launch Production of Major Event with Regional / National Media Exposure Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 26. Portland Urban Innovation Program DELIVERABLES 6-8 MONTHS Baseline Asset Map of Target Regions Advisory Group From Each Target Disconnected Community Governing Board, Portland Urban Innovation Roundtable Three Working Groups, Portland UIR Communications Platform (website/newsletter/mobile/PR) National Urban Innovation Conference Plan Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity
  • 27. Portland Urban Innovation Roundtable Connecting the disconnected to an inclusive economic ecosystem from pipeline to productivity Contact: Contact: Mike Green, Co-founder America21 Dwayne Johnson, Partner, America21 mike@blackinnovation.org djwayne@artfulphoenix.com (541) 730-2164 (971) 217-7396
  • 28. Urban Innovation Roundtable Portland, Oregon