Forming a local Innovation Council

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To help foster a coordinated approach to advancing inclusive innovation, each community is encouraged to form a local innovation council that represents a broad and diverse cross-section of the entrepreneurial ecosystem. This includes: individuals with expertise in the entrepreneurial ecosystem, small business owners and entrepreneurs, social entrepreneurs and non-profit leaders, and those identified by the community as under-connected (e.g., women, community leaders of color).

Often times the inclination is to invite the “usual suspects” to the table—those that have typically been tasked with economic development and innovation in a community. While it is important to include this background and expertise on the innovation council, it is just as important to bring in representatives that have not historically been engaged in this work. It’s also important to have the right mix of influencers, connectors, and doers on the innovation council—all of whom must be willing and able to contribute a significant amount of time to this project.

Having the right stakeholders at the table will make the output more reliable and reflective of the whole community. However, it also means that more time should be appropriated to effectively build trust among the group.

Smaller and micropolitan communities should extend beyond their geographic boundaries to include regional stakeholders.

NOTE: Diversity is not just demographic or geographic. Diversity can also be sectoral, such as government, higher education, business, and non-profit. These sectors can differ greatly, especially when it comes to their pace. In many cases, businesses can implement tasks more quickly than government institutions due to administrative restrictions.

Members of the local innovation council should include:

  • A diverse group of policy, political, and community leaders who can authentically represent the needs and interests of the entrepreneurial community and its diverse workforce, and that have successfully “moved the needle” in an important sector for the community’s transformation (i.e. education, urban renewal, housing, etc.). Include local policy makers that can help align economic and community policy with entrepreneurial ambitions;
  • Established small business and corporate leaders committed to building an “intrapreneurial” corporate culture as well as contributing to an innovation economy, such as contracting with local entrepreneurs/small businesses and “on-boarding” a diverse pipeline of emerging entrepreneurial talent;
  • Potential/emerging innovators and entrepreneurs/social entrepreneurs – including those who are currently or recently under-connected from the community and/or region’s enabling entrepreneurial resources.
  • Early-stage investors, banking executives, and philanthropic leaders who have a vested interest in the community’s economic future. Include funders investing in social/business entrepreneurship development (i.e. foundations, corporations and individual donors);
  • Organizations providing a robust enabling environment for incubating and accelerating emerging ventures – again, with a focus on inclusion (i.e. capacity building or support organizations working with small businesses and entrepreneurs, incubators, etc.);
  • Education and talent developers/recruiters focused on developing and connecting emerging talent from across a diverse range of neighborhoods with available opportunities (i.e. key leaders in local K-12, university, community college and technical/vocational education systems, education reform leaders, etc.);
  • Established and new media journalists/story-tellers committed to telling the community’s ever-changing story of inclusivity and innovation (i.e. bloggers, journalists, social justice advocates, etc.); and
  • Data and local research and policy/advocacy organizations tracking the evolution of the innovation economy and workforce trends.

Using the proposed matrix, describe the diversity* of members, depth of their support, and capacity to participate in the innovation council. Add additional columns and rows as needed.

NameOrganizationSectorRelevant Experience/ InfluenceDiversity contribution (perspective; background)
Talent Developers (K-12; Higher Ed; Exec Ed)
Entrepreneurial Enablers (incubators, coworking, etc.)
Data partners
Policy Leaders
Entrepreneurs
Story-tellers
Non-profit
leaders
Arts Advocates/ Creative Talent
Investors
Foundations
Civic leaders (CVB, Downtown Assocation, etc.)
Urban planners/ developers
Transit experts
Diversity advocates
Others:

*When considering the diversity of the community, reference the U.S. Census Bureau’s Quick Facts or other source of demographic data.

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