The
Entrepreneuri
al Ecosystem
GROUP 5:
Arce, Azel Keren G.
Arrogante, Angeline D.
Boragay, Gallagher
Macalalag, Irish Mae
Macanas, Joanne
Nietes, Hearty
What is Entrepreneurial
System? entrepreneurial
The
ecosystem is defined as a
community that is made of
multiple factors independent
from each other, which
interact with themselves in a
geographical area and
evolve. The purpose is to
promote the creation of new
businesses.
TABLE OF CONTENTS
Role of
Incubators Mentorship Government in
and and Entrepreneursh
Accelerators Networking ip
ENTREPRENEURSHIP ECOSYSTEM
Polic
y Supports
-Infrastructure
-Support professions
-Government
-Non-Government
-Leadership
Institution
Markets
-Early Culture
-Success
customers stories
-Social norms
Human
Capital
-Labor
Finance
-Educational
Institutions -Financial Capital
Incubator
s and
Accelerat
ors
Incubators Accelerators
These are programs or spaces These are programs designed for
that help startups in the very startups that already have a
early stages. Think of them as product or service and are ready
a "nursery" for new to scale up quickly. Accelerators
businesses. Incubators offer are short-term (usually a few
resources like office space, months) but intense programs.
access to experts, and They offer mentorship, networking
sometimes even funding. opportunities, and often some
Startups can stay in an initial funding. The goal is to
incubator for several years prepare the startup for rapid
until they're ready to grow on growth, usually ending with a
their own. demo day where they pitch their
Mentorshi
p and
Networkin
g
What is Mentorship and Networking?
MENTORSHIP
Mentorship is when an experienced person (the mentor) guides and
advises someone with less experience (the mentee). In
entrepreneurship, mentors can be successful business owners,
investors, or industry experts who help new entrepreneurs navigate
the challenges of starting and growing a business.
NETWORKING
Networking is the process of building relationships with other
people who can help you in your business journey. This could be
potential customers, partners, investors, or even other
entrepreneurs.
Why Is It Important?
Strong networks can open doors to new opportunities. By
connecting with the right people, entrepreneurs can find
partners, gain customers, or secure funding. Networking also
helps entrepreneurs stay informed about what's happening in
their industry.
How Do They Help Entrepreneurs?
Both mentorship and networking provide the connections and
support that entrepreneurs need to grow their businesses.
Without these, it can be much harder to succeed.
The Role of
Government in
Entrepreneurs
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What Does the Government Do?
Policy Support:
Governments can create laws and regulations that make it easier
(or harder) to start and run a business. For example, they can
reduce taxes for startups, offer grants or subsidies, and simplify
the process of registering a business.
Infrastructure and Resources:
Governments often fund or support business incubators and
innovation hubs, providing entrepreneurs with the resources they
need. They might also offer low-interest loans or grants to help
businesses get off the ground.
Education and Training:
Many governments work with schools and universities to offer
entrepreneurship education and training programs. This helps
ensure that people have the skills and knowledge to succeed as
entrepreneurs.
Thank
You!
