Kauffman Sketchbook: StartupVille

The Kauffman Foundation takes a crack at illustrating “The Boulder Thesis,” the framework developed by Foundry Group VC Brad Feld on how to create a sustainable, vibrant entrepreneurial ecosystem.

Feld’s premise is that there are four essential elements to the long-term health of a startup community:

[1] The community is led by entrepreneurs

[2] The entrepreneurs have a generational commitment to growing the community

[3] The community is inclusive

[4] Local activities and events that engage the entire entrepreneurial stack

I’d argue there’s one critically important element that’s not mentioned here: Knowledge. It can be formal education or simply common sense, but access to a base of knowledge to creatively solve a known, widespread problem is what separates successful startup communities from those that fail to fully ignite.

What do you think?