Written by CO.LAB’s CEO, Marcus Shaw. This was originally published as a guest column on teknovation.biz. This week, Chattanooga’s startup community was part of a public gathering at The Edney Innovation Center to learn about the next stage of our Innovation District. The Enterprise Center shared [...]
Chattanooga’s ‘Layered’ Entrepreneurial Ecosystem is a Small-Town Recipe, Kauffman Foundation Study Shows
Chattanooga, Tenn.'s long history of collaboration and public-private partnerships paved the way for an entrepreneurial ecosystem that permeates the city's economic development strategy, according to a research paper released today by the Ewing Marion Kauffman Foundation.
"Chattanooga’s balance of infrastructure investment, intimate startup scene, and access to nature is enough to cultivate a tech environment that is homegrown."
"A recent visit to Chattanooga, Tenn. convinces me that U.S. cities—particularly small and medium-sized ones—can take multiple paths to unleashing their distinct innovative economies. In designating a 140-acre enclave in the heart of their downtown as an innovation district, Chattanooga has built strategically on three critical assets—quality place making, unusual anchor institutions, and a highly collaborative innovation ecosystem."
"Chattanooga gets a lot of press thanks to its smart-grid Internet. Both The New York Times and The Guardian ran affectionate spreads of "Gig City" this past year. Both mentioned that Chattanooga residents can download a two-hour movie in under a minute. And both mentioned that the city's economy has been revolutionized as Chattanooga emerges as a destination for tech-driven innovation..."