Chamber develops initial entrepreneur survey

Published: Thursday, November 5, 2020 By: Justin Tinder Source: VeloCity

To amplify our homegrown ingenuity, the Greater Oklahoma City Chamber and the University of Oklahoma’s Ronnie K. Irani Center for the Creation of Economic Wealth (I-CCEW) partnered to prepare an assessment that will guide city leaders in fostering a growing entrepreneurial economy.

The inaugural 2020 Oklahoma City Startup Census study provides initial benchmarks in OKC’s overall performance and illustrates factors that influence the area’s ability to meet its desired goal as a top entrepreneurial destination. The Startup Census includes responses from 126 regional startups. The survey will be repeated annually so city leadership can track improvement and spot gaps in resources.

“The census helped us gain a better understanding of what type of businesses have launched, who is founding them and how they’re funded,” said Jeff Seymour, executive vice president for economic development at the Greater Oklahoma City Chamber. “The Chamber continues to focus on innovation and entrepreneurship as a major need for the region to build the economy of the future. This partnership with the Irani Center is just one piece of a larger puzzle.”

The startups surveyed accounted for more than $41 million in revenues in 2019 and employ more than 540 people in the metro. Oklahoma City. While 31% of startups are classified as software & technology companies, 25% are in the healthcare field. Nearly 28% are classified as “other,” which includes aerospace, agriculture, arts, entertainment, automotive, human resources and much more.

Read the full story on VeloCityOKC.com.

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