The Context

Whether localities or regions have suffered from disappearing industries (like automobiles or furniture manufacturing), the increasing migration of their population to big cities, the changing retail landscape with the emergence of big stores (Walmart, Home Depot, etc.) or a retail giant like Amazon; localities need to redefine or reinvent their entrepreneurial/economic ecosystem.

The Solution

In order for localities to redefine their economic leadership, AUGMNT proposes a 2-step solution:

1. Define the future

By using a prospective method, localities can scan the environment in order to understand the big picture and detect a number of possible scenarios from which they can choose a preferred future. For more about prospective please visit our SOLUTION page by clicking the link in the main menu.

2. LEADE the future

Once their preferred future selected, localities can LEADE from it and toward it. LEADE  or LOCAL ENTREPRENEURSHIP ADVANCEMENT AND DEVELOPMENT ECOSYSTEM is a framework built for helping localities and its leaders DEVELOP and ADVANCE their economies through entrepreneurship.

LEADE, a Formula for Local Economies

Small businesses constitute the most important economic engine and employers in North America and have been under a constant erosion and stress as globalization set in and big surface retail spaces took over local businesses and economies along with their dominant and too many times unfair commercial practices. Along the years, approaches were developed into frameworks in order to help localities (or regions) deal with their transitioning economies. These approaches were designed to help local economies develop or redevelop their entrepreneurial ecosystem with a focus on creating the next big winner (unicorn). We have tweaked this approach to address the issues of the whole entrepreneurial spectrum, the new venture, the growth of existing businesses and lastly the issue of business succession.

A Value Adding Solution

Our LEADE + FUTURE solution providses numerous value adding opportunities, namely:

• An increased economic retention, development and competitiveness.
• A greater resilience and adaptability.
• A more inclusive and equitable outcomes when developing plans and policies.
• A better use of resources and natural capital.
• Innovation by providing access to funding, mentorship, and networking opportunities for entrepreneurs to develop and grow their ideas.
• Community building and enhanced social Impact by addressing pressing social and environmental issues.
• And many more.

LEADE © Christian Royer 2016-2024