Table 1

Key differences between RegionalESO and TechESO

RegionalESOTechESO
OriginsPhilanthropy-led entrepreneurial development initiative formed in 2007; currently homed within a single organization but created via collaboration among regional organizationsFormed in 2018 as a standalone nonprofit, by a single founder, to generate research on entrepreneurial ecosystems
Regional focusSE Michigan with strong Detroit focusUS Midwest with strong SE Michigan focus
MissionSocioeconomic empowerment and community development for the region; entrepreneurship is one of the ways to accomplish this missionGrow entrepreneurship in the state of Michigan, and particularly attract venture capital and angel investors nationwide to hi-growth opportunities and entrepreneurs in the region
Scope of activitiesMakes grants to other ESOs and partner organizations, makes grants directly to entrepreneurs, offers programming for entrepreneurs, offers technical training to partner organizationsConducts research, develops data-driven programming for ESOs and partner organizations
Support to entrepreneursDirect and indirectIndirect

Source(s): Table by Lucas and Mitra

or Create an Account

Close Modal
Close Modal