Cities and Startups: Cultivating Deep Engagement

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Cities and Startups: Cultivating Deep Engagement FastFWD, City of Philadelphia Story Bellows, co-director of the Philadelphia Mayor's Office of New Urban Mechanics Watch the video online: https://www.youtube.com/watch?v=PRKUCCHj-08&list=PL65XgbSILalVoej11T95Tc7D7-F1PdwHq&index=4 Get involved with Code for America: www.codeforamerica.org/action

Transcript of Cities and Startups: Cultivating Deep Engagement

Page 1: Cities and Startups: Cultivating Deep Engagement

Bloomberg Philanthropies Mayors Challenge Winner

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Redefine urban challenges as opportunities

Accelerate the most promising solutions

Pilot solutions / launch companies

Reform and build new procurement processes to enable cities to effectively deploy solutions

FASTFWD PROCESS

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FASTFWD ACCELERATE

RECRUIT International Solicatation Big Think Conference Objective: Descriptive, not prescriptive

EVALUATE •  Innovation •  Impact •  Implementation •  Engagement •  Entrepreneurship

SELECT Diversity of approach, difficulty, geography and identity $100k in Fellowships for 10 Social Entrepreneurs

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FASTFWD ACCELERATE

CORE CURRICULUM 12 weeks – deconstruct the business model •  Value Proposition •  Revenue and Margin Model •  Market Analysis •  Competitive Advantage •  Go to Market Strategy •  Team and HR •  Scalability •  Capital Strategy

PARTNERS / TRACKS •  PennDesign/Think Brownstone/Primed Associates– Design

•  PennLaw – Legal •  Wharton – Finance

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FASTFWD CITY ENGAGEMENT

ACCELERATOR PANELS Dissecting the Business Model What does this mean for developing a business around working with and for government / public sector?

ACCELERATOR CORE CURRICULUM FEEDBACK

Broad engagement from across city departments Weekly Peer Review Sessions, with city staff level engagement for each module

INTENTIONAL PARTNERSHIP

Engage “Startup Sherpas” – innovators from across city government who will connect with startups to participate in design curriculum

DESIGN CURRICULUM Designing a great Pilot Project -  Design Thinking -  Persona Development -  Interview Skills -  Hypothesis Development -  Engaging Partners -  Hypothesis Testing and Ongoing Feedback

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FASTFWD LAUNCH

REFORM Change rules through which entrepreneurs and cities can collaborate.

PILOT | FUND Provide opportunities for graduates to pilot solutions with city government and companies to receive launch funding.

$100K in Pilot Funding

SHARE | SCALE Extend partnership opportunities beyond Philadelphia to cities across the country and further afield.

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FASTFWD WHAT’S NEXT

REFORM Change rules through which entrepreneurs and cities can collaborate: TOOLKIT Development •  Challenge Development / Problem Articulation •  Communication of Opportunities •  Legal Tools / RFP Templates •  Evaluation Best Practices •  What works: Registry / pilot database? •  Pilot Funding

INSTITUTIONALIZE | FUND Figure out how FastFWD can be supported

SHARE | SCALE Extend partnership opportunities beyond Philadelphia to cities across the country and further afield to develop best practices for sharing solutions. •  Problem definition process •  Solution sharing / buyer forum

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@FastFWDPHL www.fast-fwd.org

[email protected]