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Economic Development is . . . (increasing the flow) of capital through the community and reducing its leakage.

2010 EDIES Story 24 of 24: How socializing amongst winners increases success

In 2010 Tama County saw an unprecedented spike in entrepreneurship activity.  The Entrepreneurship Trust launched in 2010 to serve as an intellectual and innovative support network to maximize long term success of entrepreneurs and increase economy driven by local innovation and leadership. Project leader Eric Joyce explains.  Remind me – what are the EDIES.   

HOW WE DID IT:  In chatting with Tama County Economic Development, I learned there was high motivation for a peer networking entrepreneurship group from all over the county.

HOW WE GOT THE IDEA:  For me it started with the question how can we support our youth’s perspective and exposure to entrepreneurship to sustain rural economies.

OUR GREATEST CHALLENGE:  Building awareness for this group, especially with pre-entrepreneurs (when people are thinking about the idea of starting a business, but have not taken the first steps yet).

HOW WE OVERCAME IT:  Partnering with economic development, banks, etc, and by each attendee bringing guests to every meeting. 

ADVICE TO OTHERS:  In entrepreneurship, everyone’s point of view is valuable because Entrepreneurship is not a one-size-fits-all business model.    

WHAT IS NEXT:  We would like to tackle 9 deliverables this year. Amongst them would be designing a universal financial application packet to minimize redundant paperwork.    For more information click www.tamacountyiowa.org/entrepreneurs

Photo of Eric Joyce, Todd Ruszkowski, and Rose Anaya by Mike Adams.

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