Five Ps of human capital key to sustaining start-up ecosystem

The Founding Partner of Refinery Ventures writes in this column for Entrepreneur that companies in Columbus, Charlotte and St. Louis have seen a combined $1.8 billion in venture capital investments this year. To keep-up the momentum, Tim Schigel says leaders in those cities must have “a long-term focus, and I mean 20-plus years. It requires dedication from the top to the bottom of the local communities to become places that attract top entrepreneurs and investors. That means organizing around people and relationships. Capital is important, but it’s human capital, the talent you attract, cultivate and leverage, that is the essential building block of the entrepreneurial ecosystem.”

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