Tomi Davies talks about the problem of Silo working and the lack of commercial viability of the startups taking part in the myriad, below par SME and Entrepreneurship programs.
Angel investing will only thrive by engaging those with a vested interest in the host city, those with a passion for where they live and choose to invest.
Corporate Sponsored Ecosystems and Programs should be designed with Entrepreneurs. Corporates have seen an erosion in their R& D budgets and now should realise the importance of SMEs and innovators to their future competitiveness. ''The only way to take advantage is to find ventures that address your industry needs, work with them and then over time they become a unit or acquisition prospect for your business.''
