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36% of economic development pros say "it's quite likely" broadband can encourage entrepreneurship among underserved urban or rural individuals. Craig Settles' survey report cites another 14% have witnessed this personally. And over half say mentorships maximize broadband's benefits to startups and home-based businesses. Good news for Nashville, TN and other cities vying for Google Fiber.
Marcus Whitney, Co-Founder and CTO of the leading tech startup accelerator in the southeast, gives listeners his views on how Google Fiber can make a difference in the local economic scene. His Nashville-based Jumpstart Foundry has graduated 30 companies over the past five years. Whitney offers details on what specific steps local government and business leaders must take to ensure a broadband network leads to measurable success.
Training in business management and using technology also are addressed. Communities cannot expect that merely having a network improves economies. Whitney and Settles explore how some of his other findings relate to Nashville and its broadband needs. Settles will release the full survey report April 9 during a keynote presentation at the Broadband Communities Summit along with Bill Sproull, Chair of the Board of Directors of the International Economic Development Council, sponsor of the report.
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