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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