the next new orleans - how new orleans can be leaders in entrepreneurship
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HOW NEW ORLEANS CAN BE THE NEXT GREAT STARTUP CITY
Startups are the seed corn of the new economy.
We’re harvesting the seeds we planted 50 years ago
Yet we have a startup monoculture.
Our first investments
Polycrop cultures =more resilient
in
Our track record in Louisville Launching our third annual program for
national agriculture ventures this fall
Past programs: Village Capital Agriculture: US 2015 Village Capital Agriculture: US 2014
Partners
Coverage by
Trend #1: Democratization of Entrepreneurship
“We don’t want to be the next Silicon Valley. We want to be the next New Orleans.” -Tim Williamson
October 2015
May 2015
“How to be the Next New Orleans”
Trend #1: Democratization of Entrepreneurship
Today, 78% of venture dollars go to three US states.
What will it take for Louisville to grow?
How will New Orleans “Rise?”
Location Assets People
Trend #2: Real-World Impact
A New Orleans Differentiator: Food and Agriculture
Timeless Innovators
Great Companies Startups National Brands
The Business World is Changing…
“Impact investing” a top-5 career for MBA students
$41T in wealth transfer to Millennials, a majority of whom prioritize impact over financial returns
The average under-40 worker prioritizes meaning over salary
…And New Orleans is in the lead. And New Orleans is in the lead.
Trend #3: Inclusive Entrepreneurship
Entrepreneurship is a team sport.
8% 3%
50%
For New Orleans to be successful, we need to include the whole team.
Entrepreneurs transforming agriculture Entrepreneurship is a team sport.
8% 3%
50%
For New Orleans to be successful, we need to include the whole team.
40% 30%
91%
Type 2 Errors: Recruiting
Entrepreneurs like Ballplayers
How New Orleans Will Be Great
Real-World Impact
“Rise of the Rest”
Inclusion
What’s next? VilCap Communities
The seeds we plant today are the roots of the new economy.