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Equitable Entrepreneurial Ecosystem

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The Equitable Entrepreneurial Ecosystem (E3) powered by Barclays US Consumer Bank, our anchor funder, is a program designed to leverage the expertise and experience available in Delaware’s private and public sectors to grow opportunities for businesses and related employment.  Specifically, E3 complements the Foundation’s Reinventing Delaware program by establishing teams of organizations willing to step up as ecosystem partners to support ideas from conception to launch and beyond.

E3 ecosystems implement a process that continually feeds entrepreneurs into pipelines that provide access to necessary resources and connections to accelerate the launch or growth of their businesses. Identified efforts/ideas/businesses will receive a comprehensive needs assessment and, if selected for full support, will receive a customized acceleration plan. Some may need to begin with coaching and guidance in business planning, marketing, and promotion. Once established milestones in those areas have been achieved, additional assistance in planning, acquiring, and employing the necessary information technology infrastructure as well as optimizing space planning (virtual offices, co-working space, or dedicated offices) would be provided. Finally, when appropriate, the E3 ecosystems will help increase access to funding opportunities.

E3 will look at conceptual opportunities (ideas with potential that warrant additional research), development opportunities (ideas in place or where there is a strong market potential), existing business opportunities (where the initiative needs guidance to reach the next step), and expansion opportunities (where an existing initiative is ready to scale up) in order to help businesses at various stages.  

E3 Timeline

June

July

August

September

October

November

December

  • Launch E3 Wilmington Pilot

  • Identify Candidates for Consideration

  • Onboard E3 Wilmington Partner Organizations

  • E3 Wilmington Participants engage in Business Development Process

  • Graduate E3 Wilmington Pilot Participants

  • Conduct Pilot Program Evaluation

  • Reinventing Delaware Program

  • Conduct Needs Assessments

  • Customize Selected Participant User Journeys

  • E3 Program Expansion to City #2

  • E3 Wilmington & E3 City #2 Business Development

  • Showcase E3 Participants at Pete du Pont Freedom Award Event

  • E3 Program Expansion to City #3

  • Reinventing Delaware Dinner

  • Implement Full E3 Ecosystem

E3 Wilmington Partners

E3 Wilmington Ecosystem Organizations

Interested in supporting the E3 program as a partner or a sponsor? Email us at contact@petedupontfreedomfoundation.org.

MAILING ADDRESS

PO Box 221

Montchanin, DE 19710

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©2017 Pete du Pont Freedom Foundation