Supporting Creative Entrepreneurship in Small Towns: The Tartu Example

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Ten years ago, young creatives left Tartu due to a lack of entrepreneurial skills. In 2009, the City of Tartu established the Tartu Centre for Creative Industries to support creative entrepreneurship through a business incubator and development center. The incubator offers pre-incubation, consultation, mentoring, and training, leading to the creation of new start-ups and job opportunities. Despite challenges such as execution, planning, and funding, the success stories of businesses like Khisbath, Teenu Watches, and DragonFly Lamps highlight the positive impact of supporting creative entrepreneurship in small towns like Tartu.

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Uploaded on Feb 18, 2025 | 0 Views

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Presentation Transcript

Supporting creative entrepreneurship in small and medium sized towns, example of Tartu

10 years ago Young creatives left Tartu Creative individuals lack entrepreneurial skills

2009: City of Tartu established Tartu Centre for Creative Industries (TCCI) Creative business incubator Development centre for cultural and creative industries (CCI)

Creative business incubator Pre - incubation for 3 months Incubation 2 years Office space & other infrastructure Consulting, mentoring, networking, trainings

5 buildings, 2 open-air spaces 35 businesses in incubation 150+ new start-ups every year 20 new companies 75 new working places created in 2015-16 50 000 EUR per average company 40% of it is export

Biggest challenges for entepreneur 1. Any good idea is nothing without an execution. 2. What? Why? To whom? How? 3. Even in creative industries planning is the key. 4. Team helps you. 5. Be bold and work hard. 6. Consistency brings success. 7. There are always a possibilities.

Biggest challenges for TCCI 1. Creative person is rarely an entepreneur. 2. No one wants to sell. 3. Companies doesnot want to grow. 4. It is hard to get money at the beginning.