Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

lightbulbs

The Jewish innovation economy is booming. One study from 2010 claimed that about 600 new initiatives had been launched in the previous decade. These Jewish startups represent millions of dollars in investment on programs that reach thousands of American Jews. But despite this proliferation, another recent study, conducted by the organization Bikkurim, declared that “the success of the innovation startup sector is by no means assured.” The demise of JDub Records, in 2011, seemed to prove the point. Startups still had a long way to go to prove they could eventually turn into sustainable organizations that are financially viable and have clear missions .

What is missing, surprisingly, from both the Bikkurim study and almost every other discussion of how to turn Jewish startups into long-term enterprises is a serious conversation about strategic partnerships and collaboration between startups and more established organizations. Synagogues, federations, and Jewish community centers are — or at least should be —looking for new ways to engage more Jews, while startups need the kind of stability and infrastructure that larger organizations can offer.

To read the original article: Jewish Innovation Needs Collaboration – Forward.com