Professional Documents
Culture Documents
What can we do to strengthen the foundation for an entrepreneurial culture in rural Kentucky?
Response: Start with the local leaders (bankers, barbers, bartenders . . . elected leaders, entrepreneurs, farmers, homemakers, retailers, retired people).
Next Step:
What are the skills, knowledge, and attitudes we want to nurture among grass-roots leaders in the region to strengthen the entrepreneurial culture? Responses came from rural entrepreneurship experts and from almost 200 people in the region.
Overall goals:
Stimulate the imagination of local leaders and give them tools to lay the foundation for an entrepreneurial culture. Give them the venue to create a regional identity, build a strong support network and insist that they make change. Make rural Kentucky the most entrepreneurial-friendly culture in rural America
Why?
Gratitude committee.
What the Economic Development consultant saw were problems: Windy roads Rolling terrain Sparse population
Elliott County, KY
Another View
Windy roads are scenic Rolling terrain is interesting We have dramatic gorges, clear trout streams and nationally-known folk artists, e.g., Minnie Adkins Located near Natural Bridge State Park which receives 1 million visitors a year!
Scenic Roadways
Create sense of belonging and connection; Share rooms, meals, rides. Small groups
Hospitality
Problem-solving Developing shared visions
artistic interludes
poetry, music, dance, farm to table meals.
Making it visceral:
Every participant must coach an entrepreneur Mini- grants for practical experiences. Regional teams form to stimulate entrepreneurship during 6 month period youth entrepreneurship, entrepreneurial contests about waste products, entrepreneurship centers in local libraries, policy work with government leaders
Expand awareness of entrepreneurial support network in region and nation conversations with key providers.
Business
Civic life
Government
What local, state and national policies limit and encourage an entrepreneurial culture or mind-set?
How other rural area compete and nurture entrepreneurship Importance of global markets
So what? Individual and group reflections especially, about minigrant teams and lessons learned from the experience.
Donated over 9,000 hours to the community and region; Made 758 presentations to groups and organizations; Launched 68 entrepreneurial-friendly community initiatives; Coached 486 individuals or teams; Created 224 new jobs as part of coaching efforts (valued at approximately, $8,151,360 for a one year period ) Saved 42 jobs as part of coaching efforts (valued at approximately, $1,528,380 for a one year period)
Over 68 entrepreneurial-friendly community initiatives have been launched including youth entrepreneurship in schools, entrepreneurial contests, new networks, incubators in rural areas, entrepreneurial help centers in rural libraries. . . . and a tight network of 115 volunteer grassroots leaders who are committed to strengthening entrepreneurship in the region.
Ongoing commitment:
Alumni seminars every six months
Volunteer commitment for 2 year minimum