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Civic Innovation Lab

Civic Innovation Lab

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Page 1: Civic Innovation Lab

Civic Innovation Lab

Page 2: Civic Innovation Lab

Jennifer Thomas Founding Director,

Civic Innovation Lab

Andradia

Scovil Program Coordinator,

Civic Innovation Lab

Page 3: Civic Innovation Lab

The Civic Innovation Lab

Jennifer Thomas, DirectorAndradia Scovil, Program Coordinator

www.civicinnovationlab.org

Putting the soul in economic developmentPutting the soul in economic development

Page 4: Civic Innovation Lab

Old Industry

Page 5: Civic Innovation Lab

Innovative Industry

Ray’s Indoor Mountain Bike Park

Over 100,000 sq. ft. of riding heaven

Page 6: Civic Innovation Lab

Innovative Industry

Alternative energy solutions for small business

Page 7: Civic Innovation Lab

Traditional Entrepreneur

Global business

Industry driven

Page 8: Civic Innovation Lab

Community Entrepreneurs

Sam Merrett, Full Circle Fuels

Jennifer Coleman, CityProwl

Page 9: Civic Innovation Lab

Community Entrepreneurs

Terry Travis Cleveland365.com

Brother Charles McElroy, College

Interns for Energy Efficiency

Barbara Oney & TL Champion Got*City GAME!

Page 10: Civic Innovation Lab

Old Investors

v

$2 billion

in sales?

Page 11: Civic Innovation Lab

New Investors

Thomas Mulready

Phil Alexander Kathy Barrie

Collette Appolito

Jon Adams

Alton TinkerEarl Pike

Tim Mueller

Page 12: Civic Innovation Lab

The Vision

to implement community innovation o with a small amount of seed fundingo large dose of civic engagement

Page 13: Civic Innovation Lab

How We Implement

The Lab fuels innovation by providing

funding of up to $30,000 mentoring by seasoned entrepreneurs

for civic, social and business ideas that can grow the Greater Cleveland economy.

Page 14: Civic Innovation Lab

Civic Innovation Lab Results 2003 - 2009

Initiatives funded: 52Grants disbursed: $1.5MMMentor Volunteer hours: 2,500+

Jobs created: 128Economic Impact: $9.4MM

Follow on investments: $6.2 MM

Page 15: Civic Innovation Lab

See for yourself

http://www.fromthebluebag.com

http://www.raysmtb.com

http://www.coolcleveland.com

http://www.handsonneo.org

Page 16: Civic Innovation Lab

Lab Services

o Provide workshops to focus new ideas into business models

o Coach top candidates on presentation skills

o Provide funding to launch early stage ideas

o Mentor the next generation of entrepreneurs “champions” with resident expertise

Page 17: Civic Innovation Lab

Why Does it Matter?

o Support innovation and company creation at the earliest stages

o Develop globally competitive entrepreneurs

o Encourage business leaders to take responsibility for the city’s future

o Apply innovation at the community level

Page 19: Civic Innovation Lab

Community Impact

Full Circle Fuels - Ohio’s first full service alternative fuels station. Sam Merrett patented a biodiesel blending pump and services 100+ customers weekly.

Ray’s MTB – The nation’s only indoor mountain bike park. Rider ship increased 40% in in one year from 7,000 to 10,000. Ray’s fills over 800 hotel nights/ season.

E Prep School - sixth grade literacy score go from 7% to 72% in just six months.

MedCityNews – online news service covering the business of healthcare has over 70,000 unique visitors per month, growing at 40% rate per month.

Page 20: Civic Innovation Lab

Success and Failure

Success 24%Thriving organizations where constituents see value and pay for service

> 2 yrs.

Promising 43%Newer initiatives that have community support but not yet thriving

< 3 yrs.

Struggling 10%Initiatives have lost community support but champion still trying 2 - 4 yrs.

Failure 23% No longer active 3 - 4 yrs.

Page 21: Civic Innovation Lab

Future of the Lab

Share the Model

A flexible, scalable, low cost program that encourages and supports innovation by providing start-up funding and momentum through active civic engagement by local leaders.

Page 22: Civic Innovation Lab

How to Get Started

Define the Focus for Innovation

Economic DevelopmentDowntown vibrancyAttracting and retaining talentSupporting entrepreneurshipBuilding new industries

Page 23: Civic Innovation Lab

Demand for innovation

Community entrepreneurs - no difference between work and play

Nurture with mentorship:ideas, innovation, failure lead to

ideas, innovation, success

Understand continuum of entrepreneurship: need both global business entrepreneurs AND community entrepreneurs

Page 24: Civic Innovation Lab

Cost / Benefit

6 Year investment of $2.75 million$9.4 million economic impact = 3.5x return

6 year grant total of $1.5 million$9.4 million economic impact = 5.6x return

Page 25: Civic Innovation Lab

Benefit

Community impact - entrepreneurs who think globally, act locally

New leadership engagement –mentors who use expertise

Culture of innovation

Attract talent

Impact – low cost, high value

Page 26: Civic Innovation Lab

Can you do this in your community?

o Find cool happenings every weeko Volunteer with your friends when it’s conveniento Mountain bike indoorso Help a stay-at-home mom get back to worko Get free entrepreneur biz assistance o Upcycle unwanted productso Buy a gift that diverts glass landfillo Set up alternative energy resource at your bizo Help an musician create a personal portfolioo Buy fresh food from a local farm

Page 27: Civic Innovation Lab

It’s possible!

o coolcleveland.como handsonneo.orgo raysmtb.como beyondmotherhood.como beedance.como fromthebluebag.como expediterenewableenergy.como citizengroove.como freshforkmarket.com

…and many more!

Page 28: Civic Innovation Lab

Thank you

Questions?

Civic Innovation Lab216-925-4826

[email protected]@civicinnovationlab.org

Page 29: Civic Innovation Lab

Please complete the survey being distributed by the volunteers. Survey may be returned to the

volunteers or at the Registration Desk in Ballroom A.

Page 30: Civic Innovation Lab

Thank you to our sponsors