This model and tool were designed with historic urban areas in mind. But there are ideas you can apply to help you tap into other entrepreneurial ecosystems too.
HUB-IN toolkit
- Understand the state of play
- Prepare to set up your hub of innovation (HUB)
- Set up and launch your HUB
- Test and grow
Entrepreneurial ecosystem quick scan tool
The tool is based on their entrepreneurial ecosystem (EE) framework, which breaks down the EE into a range of ‘ingredients’ and ‘arrangements’ that help foster innovation in historic urban areas:
- heritage
- physical and digital infrastructure
- marketplace demand
- support organisations
- human resources
- knowledge
- leadership
- finance
- formal institutions
- urban culture
- entrepreneurial culture
- networks
Using the tool will help you:
- make use of existing strong relationships, and spot gaps where you need to make new relationships
- identify existing strengths of the entrepreneurial ecosystem, and what you can do to improve things
- find out how open people will be to getting involved with your HUB, and how they might want to work with you
- understand the role of 3 possible approaches to regeneration initiatives: public, entrepreneurial and community