Startup Ecosystem
The startup ecosystem is a supportive environment comprised of entrepreneurs, startups in various stages of development and different types of organizations in a location; interacting as a system to create new startups. The supportive organizations or institutions are spread into different sectors- educational institutions, firms, financial institutions, semi-government entities, and social organizations.
Components of the Startup ecosystem
The startup ecosystem is a collaborative effort and arrangement to create and energies the new ventures. Following are the main components of the startup ecosystem.
Entrepreneurs
ideas, inventions and researches
start-ups at various stages
Funding institutions – VCFs, Angel investors, crowd funding entities
start-up team members
educational institutions and business organizations
start-up mentors and advisors and other entrepreneurial people
resource persons from other organizations
