UpRise for Equitech Regional Innovation Cluster, a network of 18 entrepreneurial support organizations (ESOs), relies on in-person convenings to foster meaningful connections, facilitate information sharing, and address common challenges. While the group has a robust Slack channel, these face-to-face meetings have proven essential for collaboration, data sharing, and building a unified resource hub for the Baltimore region.
A lack of shared purpose can derail any convening. Without a clear sense of why people are coming together, the gathering risks becoming unfocused or ineffective, failing to provide the meaningful connections and collaboration that drive success. When UpSurge facilitated the creation of UpRise, the 18 ESOs involved initially agreed on three main sets of values: to talk to each other, share data, and collaborate on a digital resource hub.
“Now that we’re in the work, I’m not surprised by how hard it is to create these spaces because everyone’s running a thousand miles per hour and sometimes it’s hard to get people to slow down to the same pace as each other,” Lee said.
During the webinar, Lee provided a roadmap for those looking to start their own in-person gatherings. She emphasized making them regular and consistent, establishing purpose, and measuring qualitative and quantitative data that results from the interactions. While UpSurge does have funding to support UpRise now, that wasn’t always the case.
When UpSurge launched four years ago, they started hosting small, weekly “Equitech Tuesday” events built up by leveraging relationship capital, volunteer support, and community partnerships. They started adding themes to each week and layering different forms of capital into the existing event program by moving around different parts of the ecosystem, introducing the tech community to other partners and collaborators and ultimately leading to a more robust experience. They are coming up on 200 events hosted.
By strategically using relationship capital and community resources, ecosystem builders don’t need a big budget to create an impactful, thriving ecosystem. Sometimes, the ingenuity and commitment of the people involved make all the difference.
A: Keeping centralized data up-to-date is an ongoing challenge, especially when working with many different organizations. ESOs can address this by using a combination of automated data collection tools and regular updates from participating organizations. For instance, they might establish a system where organizations can log in to update their profiles or submit quarterly updates to keep information current. Clear communication about the importance of data accuracy, paired with easy-to-use technology, ensures that all stakeholders can contribute and access the most up-to-date resources and information.
A: The format of convenings often depends on the goals of the meeting and the location of the participants. Virtual meetings are increasingly popular, particularly in today’s global environment, because they allow for broader participation regardless of geographic location. However, in-person meetings can foster stronger relationships and a deeper sense of community. Many ESOs opt for a hybrid approach, combining virtual gatherings for accessibility with in-person meetings for more personal interactions and trust-building opportunities.
A: Both! Yearly strategic plans are essential for setting long-term vision and overarching goals, but they should be flexible to account for changes in the ecosystem. Quarterly plans are often used to assess progress, adjust tactics, and address emerging opportunities or challenges. This balance allows ESOs to stay focused on long-term objectives while remaining adaptable to the fast-paced changes that occur within entrepreneurial ecosystems. Frequent check-ins also help to keep all stakeholders aligned and engaged.
A: Competing goals are a common challenge in ecosystems that involve diverse stakeholders. Some organizations may focus on different aspects of the ecosystem, such as funding, mentoring, or community development, and these priorities may not always align. To address friction, ESOs are encouraged to facilitate open conversations where stakeholders can clarify their goals and find common ground. This might include creating shared visions, negotiating priorities, or identifying collaborative opportunities that allow each organization to meet its goals while advancing the broader ecosystem. Conflict resolution and fostering a culture of mutual respect and collaboration are essential to maintaining healthy ecosystem dynamics.
A: The structure of convenings depends on the desired outcomes. Some convenings are highly structured, with a formal agenda, presentations, and speakers, especially if the goal is to educate or provide specific resources. However, many successful ecosystem convenings are less formal and allow for more open-ended conversations. These gatherings often prioritize relationship-building, networking, and brainstorming, leaving space for organic discussion. A flexible approach ensures that the convening can adapt to the needs of the participants while still achieving key objectives. Ultimately, the program’s structure should align with the ecosystem’s needs and the outcomes it hopes to achieve.