Building an inclusive ecosystem for minority and women entrepreneurs: A case study of Columbus

Abstract

We all agree that it is essential to build an inclusive entrepreneurship ecosystem for all kinds of people, particularly minority and women entrepreneurs, as the past studies are clear to demonstrate underperformance of those demographic groups. At the same time, we are only beginning to understand what kind of systemic barriers exist for women or minority entrepreneurs at the regional system level. Furthermore, it requires a different set of knowledge about how we can practically create an inclusive ecosystem. This paper applies the concept of equity planning for the context of economic development. This paper examines a case study of the City of Columbus, Ohio, in 2018–2019 in which the City Government actively promoted to build an inclusive ecosystem for women and minority entrepreneurs. We induce five essential steps that we could learn from this inclusionary practice which provide tangible implications for other city governments, nonprofit organizations, foundations, and other stakeholders of local entrepreneurship systems.

Keywords

economic development entrepreneurship women and minority entrepreneurs equity planning inclusive economy

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