Key differences between RegionalESO and TechESO
| RegionalESO | TechESO | |
|---|---|---|
| Origins | Philanthropy-led entrepreneurial development initiative formed in 2007; currently homed within a single organization but created via collaboration among regional organizations | Formed in 2018 as a standalone nonprofit, by a single founder, to generate research on entrepreneurial ecosystems |
| Regional focus | SE Michigan with strong Detroit focus | US Midwest with strong SE Michigan focus |
| Mission | Socioeconomic empowerment and community development for the region; entrepreneurship is one of the ways to accomplish this mission | Grow 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 activities | Makes grants to other ESOs and partner organizations, makes grants directly to entrepreneurs, offers programming for entrepreneurs, offers technical training to partner organizations | Conducts research, develops data-driven programming for ESOs and partner organizations |
| Support to entrepreneurs | Direct and indirect | Indirect |
| RegionalESO | TechESO | |
|---|---|---|
| Origins | Philanthropy-led entrepreneurial development initiative formed in 2007; currently homed within a single organization but created via collaboration among regional organizations | Formed in 2018 as a standalone nonprofit, by a single founder, to generate research on entrepreneurial ecosystems |
| Regional focus | SE Michigan with strong Detroit focus | US Midwest with strong SE Michigan focus |
| Mission | Socioeconomic empowerment and community development for the region; entrepreneurship is one of the ways to accomplish this mission | Grow 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 activities | Makes grants to other ESOs and partner organizations, makes grants directly to entrepreneurs, offers programming for entrepreneurs, offers technical training to partner organizations | Conducts research, develops data-driven programming for ESOs and partner organizations |
| Support to entrepreneurs | Direct and indirect | Indirect |
Source(s): Table by Lucas and Mitra
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