Centre for Entrepreneurship, Innovation & Social Impact | Smith School of Business’ Post

"startups located within 20 meters of ... peer startups were more likely to receive more than $1 million in seed and other funding compared with startups that were not located in a balanced environment." Interesting research published from MIT Sloan School of Management has shown the important link between knowledge spillover and physical proximity. At CERI - Centre for Entrepreneurial Research and Innovation, our 7 resident startup offices are all within a 20m radius of one another, maximising the potential for startup "collisions". If you would like to learn more about the CERI Residency Program and the other services that we offer, please join our upcoming "Intro to CERI" webinar by clicking on the link in the comments below. #startup #innovation https://lnkd.in/gKeCEAZE

Fascinating and very insightful study by Harvard Business School Professor Maria Roche et. al. showing the underappreciated value of physical interactions with colleagues within a precisely defined boundary of proximity. #remotework #hybridwork #innovation #teamwork #startups #entrepreneurship https://lnkd.in/ehaQu6y6

The Role of Real Estate in India's Startup Ecosystem. In recent years, India has emerged as one of the world's leading startup hubs, with a vibrant ecosystem of entrepreneurs, investors, and innovators driving growth and innovation across various industries. While technology and talent are often cited as key drivers of this ecosystem, one often overlooked factor is the role of real estate. From coworking spaces and incubators to innovation districts and tech parks, the built environment plays a crucial role in shaping the success and trajectory of India's startup ecosystem. Let's explore how real estate is fueling the growth of startups in India and why it's essential for fostering innovation and entrepreneurship in the country. #contlrealty #realestate #realestatelife.

Furman Innovation Lab opens in Crescent Startup Community Furman’s student entrepreneurs can build their businesses in the newly opened Innovation Lab built to bring together startups and established companies alike.  Located in the new Crescent One co-working space at 25 Goldsmith Street in Greenville, the Furman Innovation Lab emerged from years of collaboration between The Hill Institute for Innovation and Entrepreneurship, Flywheel Coworking and Hartness Development, among other partners. Crescent One is on the campus of Crescent SC, an innovation district developed by Furman Trustee Emeritus Sean Hartness, CEO of Hartness Development.  “What we will be developing here is a community of 250 to 500 members that love being part of a shared environment,” said Peter Marsh, Flywheel CEO. “We’re bringing together ingredients that are needed for entrepreneurship to thrive.”  With space for individuals to work, offices and suites available to host whole companies, Flywheel and Hartness transformed what was once the Hartness family’s Pepsi bottling plant into works spaces for individuals, offices, suites and conference areas. The site, about 6.5 miles from Furman’s campus along Poinsett Highway, sat vacant for years. Now, the industrial site is a sleek, but welcoming co-working space. At its heart, in one of the suites, is the Furman Innovation Lab.  “This is a launchpad for opportunities around innovation and entrepreneurship,” said Bryan Davis, executive director of The Hill Institute.  Furman’s Center for Innovative Leadership, headed by Garrett Stern, serves mature companies and industries, while The Hill Institute focuses on startup companies. The Innovation Lab will cover the entire business community, from students to seasoned business professionals, Stern said. It serves as an incubator for student entrepreneurs, giving them space to try new concepts and take risks while also providing access to a broader business community within the coworking space to network and connect with.  The goal is that even after graduation or attaining a graduate degree, alumni have a place to keep their businesses connected to the community and resources that helped them succeed.  “What are we doing to retain them after they push their ventures forward?” Davis asked. “We’re creating a pathway here for students to train and grow into their own.”  The workspace is also hosting other Furman programs and services. The Master of Science in Innovation and Leadership program holds its “Fridays in the Field” initiatives there, and the goal is to host leadership training and other programs that are open to the public, Stern said. In this way, Crescent SC and the Innovation Lab serve as an asset not only to students, but the broader business community.  #Startup #Investment #Economy #Business #Financial #Investor #Economic #Investing #Founding #Invest #Fund #US #USA #UK #Europe #America #Asia #Bangladesh #World #News #WorldNews #BDNews

When it comes to sharing ideas, how much does close proximity matter? Short answer - Magic happens within 20 meters ! #Startups within 20 meters of each other influence each other the most in the choice and implementation of web technologies. According to a study, working within that short distance increases a company’s probability of adopting a neighbor’s technology by 3 percentage points. Beyond 20 meters, the influence of proximity declines quickly. The study found that doubling the distance between two firms reduced the probability of technology adoption by 1.7 percent. Startups over 20 meters apart “behave as if they are on different floors altogether,” Harvard Business School #Collaboration #Innovation

A former tire warehouse on Glasgow Street is now the biggest privately-owned co-working space in Canada--Catalyst Commons. It has more than 150 startups and tech companies, and is thriving while many other commercial landlords are dealing with empty and under-used offices. #CatalystCommons #Startups #technology #innovation #Miovision #KurtisMcBride #AmberFrench #AngelaWatkins #OntarioVehicleInnovationNetwork #incubators #accelerators https://lnkd.in/ggsx2ZD2

About 3 weeks ago the city of Barcelona, where most of the EU-Startups team is based, started hanging Christmas decorations on the streets. Are you ready for Christmas yet? :)   To be honest, I still can't wrap my head around the fact that 2024 is already coming to an end soon. But we're not fully there yet and there is still a lot of startup activity happening until the end of the year. To stay in the loop, here comes your weekly EU-Startups Update:   Traveltech & Vienna: On November 28 in Barcelona, we'll be hosting the FutureTravel Summit, which will gather travel & hospitality leaders, startups, and investors. Tickets will be gone soon! And on November 29, we'll be hosting the Innovation Pulse event in Vienna, which will gather promising startups, investors, and policy makers. Make sure to register soon.  Empowering Innovation: Insperanto reserved €5 million in IP grants exclusively for EU-Startups readers. Secure funding for patents, trademarks, and design protection to fuel your growth. Don’t miss this chance to strengthen your IP at no cost! 17 grants have already been awarded to EU-Startups readers earlier this year. What are you waiting for?  Hello CleanTech 3.0: This unique bridge between innovative startups and industry leaders, organised by EIT InnoEnergy, is now open for applications. Participants will gain access to business support, funding opportunities, venture capital connections, and much more. Apply here today!  Fresh VC Funds Paris-based Axeleo Capital secured €125 million for its new Green Tech Industry fund. The Hague-based 4impact Capital closed €68 million fund II to drive digital innovation and sustainability. Lisbon-based Faber announced the launch of a new €60 million fund aiming to seed the future with deep tech.  Barcelona's Future Startup Stars: Earlier this week, our new colleague, Olga, published an article highlighting 10 of the most promising early-stage startups from Barcelona.  10 Years of Bootstrapping / 250 million Users: Crisp, a customer service platform for SMBs, has just unveiled a completely revamped version focused on AI-powered and omnichannel features, with tools for customer interaction, analytics, and new privacy-focused capabilities. Discover how Crisp’s latest updates are delivering exceptional service experiences!  Healthtech News: Stockholm-based Yazen Health raised €19.5 million to combat obesity. London-based iFAST Diagnostics secured over €5.9 million to combat antimicrobial resistance globally. London-based Patchwork acquired L2P enterprise to streamline workforce processes across healthcare organisations. If you don't want to miss out on healthtech news, make sure to subscribe to the HealthHack newsletter.  reposted from EU start ups

The announcement of the Sydney Startup Hub's relocation to Tech Central in late 2025 marks a significant shift in fostering innovation and collaboration in NSW. While we have a head office in Canberra, Hide and Seek Digital has been steadily growing our presence in Sydney, with part of our team already on the ground and new opportunities on the horizon. The move to Tech Central opens up fresh opportunities for startups and scale-ups to tap into Sydney’s thriving tech ecosystem. As a digital consultancy that thrives on creativity and collaboration, we’re excited to see how this transition could drive more partnerships, innovative projects, and the growth of the broader tech community. We’re always keen to connect with Sydney-based organisations looking for partners to build and design digital solutions that make a real difference. Let’s make the most of this next chapter for Sydney’s startup ecosystem. What do you think about the move? Let’s discuss in the comments. 👇 https://lnkd.in/g7rSbdEP

Miami came in No. 8 in a ranking of top cities for startups, according to an analysis from Coworking Mag. The Magic City's robust support network for early stage businesses helped it rank above locations like Denver and Boston. #miami #startups #tech #miamitech

In today's competitive startup world, forget fancy offices and million-dollar funding rounds. The article argues that the true secret weapons are User-Centered Design (UCD), Environmental, Social, and Governance (ESG) practices, and fostering vibrant digital communities. Read the full article: https://lnkd.in/dUrrtG9S Here's a quick breakdown of the key takeaways: 📌User-Centered Design (UCD): Putting your users at the heart of everything you do. This involves activities such as conducting in-depth interviews, observing real user behavior, and rapidly prototyping solutions based on their feedback. 📌Environmental, Social, and Governance (ESG) practices: Being mindful of the environmental and social impact of your business. This could include using sustainable materials, giving back to the community, and having a strong corporate governance structure. 📌Fostering vibrant digital communities: Building a strong online community around your brand can help you to connect with your customers, get feedback, and promote your products or services. By following these tips, you can increase your chances of success in today's competitive startup landscape. If you liked this content do give a👍, ♻️ repost it and follow Vaibhav Bhise for more insights on #innovation #startup #challenges #incubator  #humancentereddesign #communitybuilding Hit the 🔔 on my profile to get a notification for all my new posts. #YourVoiceMatters #innovation #businessgrowth #futureofwork #disruption #creativity #disruptiveinnovation #innovationmanagement #innovationecosystem #technologicalinnovation #opentoinnovation #valueproposition #businessvalue #customercentricity #customerlifetimevalue #competitiveadvantage #strategicplanning #growthhacking #scalability #roi #entrepreneurlife #startups #smallbusiness #businesstips #shareyourthoughts #customercentricity #humancentereddesign #designthinking #productdevelopment #startupsuccess #competitiveadvantage #growthhacking #businessstrategy #incubation #startupecosystem #startupcommunity #startupfounders #startupsupport