Small Biz Catalyst
Hello and welcome to Small Biz Catalysts. This show is for struggling small business owners who want to be able to earn a consistent 6 figure salary from their businesses and the economic development professionals who support them.
Explore with us as we delve into innovative strategies, success stories and actionable insights to empower small businesses as catalysts for economic resilience.
Your host, Ayisat Abilogun is a Certified Entrepreneurship Development Professional and the CEO of Financial Leadership Club of America.
Ayisat loves helping small business owners stay resilient so that their business can move past stagnation to growth phase.
In the last 5 years, Ayisat has empowered over 20,000 students and business owner through financial leadership courses, workshops and curriculum.
Let's help your business move from wistful to wellspring.
Stay with us as we delve into today's topic.
Small Biz Catalyst
#42: Why you need to understand Entrepreneur Ecosystem to grow your business
In this episode of Small Biz Catalyst, Ayisat Abilogun explores the concept of entrepreneurial ecosystems, emphasizing their importance for business growth and success. She discusses how these ecosystems provide essential support through networks of people, resources, and institutions. The episode also covers practical steps for entrepreneurs to engage with their local ecosystems and highlights a grant opportunity for youth development programs.
Resources:
Grants:
Contact:
grants@nbafoundation.com
https://nbafoundation.nba.com
Maximum Grant: not specified
Deadline: November 14, 2025
Guidelines and Application: https://nbafoundation.nba.com/grants/
Takeaways
- An entrepreneurial ecosystem is a network of support for startups.
- Successful founders leverage their community for growth.
- Ecosystems provide access to mentors, funding, and talent.
- Engagement in an ecosystem can lead to faster business success.
- Mapping your local ecosystem can help identify resources.
- Attending local events can enhance your network.
- Visibility and engagement with leaders are crucial.
- Giving value to others in the ecosystem fosters reciprocity.
- Your business thrives better within a supportive community.
- Grants are available for programs targeting youth development.
Learn more at Resources | Small Biz Catalyst
