My takeaways: We've heard a lot of the same themes over the past few weeks, between Creative Week, the UP America Summit and today's Town Hall: Retaining young people. Low cost of living. Lack of startup capital. Celebrating successes. Transportation issues.
So, it seems like we're all getting on the same page. Which is good.
Now: What can we do about it?
That wraps up our event. Thanks for following!
Styron-West: "You're just one person away from what you need." - We're a small state, it's easy to make connections - even at the Governor's level.
Reynolds encourages entrepreneurs to visit the capitol and have conversations with legislators about startup's needs, strengths.
Schnipkoweit, of NextStep.io, asks about transportation issues. His company travels around the nation to connect with other startup hubs.
Question about keeping young professionals in the state. Reynolds says: “We do a great job of educating and preparing them, we need to just make sure we’re connecting them with the opportunities that are available," - then asks the audience for their thoughts.
Facebook, Google and Microsoft all have investments in the state of Iowa. Reynolds cites a strong workforce, and low cost of living and doing business (especially a low cost of energy, for the data centers) as a reason they would come here.
Reynolds takes the floor, and quickly addresses the elephant in the room:
“Our fear, with government…sometimes it’s better if we just stay out of it.”
The state wants to find ways to help entrepreneurs, without getting in the way, she says.
Oh, and this awesome theater we're using for #1mc? The bank is open to suggestions for ways to use it. Let's go, @CreativeCor! #wecreatehere
That wraps up the regularly-scheduled 1 Million Cups portion of our morning. Now, Amanda Styron-West will introduce the Lt. Gov. for the town hall discussion.
Next to present: MopedU, a scooter rental company for college students founded by two University of Iowa alums. Eventually, after seeing a community need, they added scooter sales and service.
Sidenote: It's standing room only here at the World Theater. Great to see so many come out to have an honest conversation about entrepreneurship.
Good morning, everyone! Thanks for following along on this special edition of 1 Million Cups Iowa City/Cedar Rapids. We have two of our regions most notable startups presenting, as well as Iowa's Lt. Gov., Kim Reynolds, speaking about how the state can help entrepreneurs.