The Bluegrass and Beyond

This is Global Entrepreneurship Week, and it couldn’t come at a better time.

We’re just beginning to climb out of the biggest economic slump since the Great Depression. Bad economic times beg for good ideas, and the only way those ideas can make a difference is when entrepreneurs turn them into reality.

Global Entrepreneurship Week is sponsored by the Kauffman Foundation to encourage young people around the world to explore their potential to be innovators, self-starters and entrepreneurs. Last year, 3 million people participated in 25,000 events in 77 countries affiliated with the effort.

Among this year’s events is one in Lexington: Startup Weekend, a 54-hour workshop designed to help would-be entrepreneurs figure out how to turn their ideas into businesses.

Awesome Inc., a business incubator on East Main Street started two years ago by four 20-something entrepreneurs, is hosting the workshop, which runs from Friday evening through Sunday evening.

Brian Raney, one of Awesome Inc.’s partners, expects as many as 75 participants. If you want to be one of them, you can sign up at lexington.startupweekend.org. The cost is $40, which covers all meals during the weekend.

Awesome Inc. Lexington held its first Startup Weekend a year ago, when it was organized by the Kentucky Startup Blog, the Young Entrepreneurs of Lexington and the University of Kentucky’s Entrepreneur Club. It included would-be entrepreneurs who ranged from high school and college students to people in their 50s and 60s, Raney said. Most of the ventures developed during the workshop were Internet-related because that works best in such a short session.

Startup Weekend, a concept developed promoted by a non-profit group in Seattle, has done events in more than 50 cities and 12 countries over the past two years. More than 250 businesses have come out of those workshops, the group claims.

Here’s how Startup Weekend will work:

On Friday night, participants with ideas they think could become businesses make pitches to the group. Teams self-select around the ideas that draw the most interest. The teams then spend the next two days fleshing out the ideas, developing business and technical plans and building a basic Web site.

At the end of the workshop Sunday night, each team makes a presentation about its proposed business and participants discuss and critique them.

The weekend will include presentations by Ken Sagan, an attorney with the law firm Stites and Harbison, and John Williamson of Uvestor. The company, an online marketplace for buyers and sellers of investment real estate, grew out of last year’s Startup Weekend.

Sponsors for Startup Weekend include Stites & Harbison and Commerce Lexington.

Raney said many entrepreneurs find the workshop a good way to develop their ideas, because there’s a sense of focus and community.

“Being around people who are interested in the same things you are interested in allows you to stay motivated,” he said. “It’s the same reason some people go to a gym to work out rather than doing it alone in their basement.”

It’s similar to the concept behind Awesome Inc., which rents workspace to 15 fledgling entrepreneurs who are looking for community and an inexpensive place to work that’s a more professional address than a home office.

Raney, 27, is a Campbell County native with economics and computer science degrees from the University of Kentucky who said he has started two businesses in addition to Awesome Inc.

He said Lexington has a bright future as a place for entrepreneurs. Reasons include UK, a relatively low cost of living, an attractive environment and a good quality of life.

“I think it has great potential,” he said of Lexington. “That’s why I’m still here instead of being in Austin, Boulder or San Francisco.”

And after this weekend, he hopes to have more company.

HAZARD — The keynote speaker at the 22nd annual East Kentucky Leadership Conference was Ron Eller, a leading authority on the history of modern Appalachia.

The University of Kentucky history professor also was given the East Kentucky Leadership Foundation’s annual “private individual” award, which comes with a beautiful, handmade wooden chair.

By the time Eller finished speaking Thursday evening, I suspect many in the audience of 250 were ready to break the chair over his head.

Eller, an eighth-generation Appalachian who was the first member of his family to go to college, said the region will never catch up with the rest of the nation economically as long as it is defined by industries that abusively extract natural resources, especially the dwindling supply of coal.

“We must begin, I think, by abolishing surface mining, including the radically destructive practice of mountaintop removal,” Eller said. “Mountaintop removal isn’t necessary to the region or to the national economy. It’s just cheaper.

“We can continue to mine coal, gas and other mineral resources. But the impact of extraction on the land, on our water resources, on our forest resources and other sensitive ecosystems must be strictly regulated and enforced. In the long run, we will have to move away from an extractive economy, especially one based upon coal.”

The final speaker of the two-day conference at Hazard Community and Technical College was House Speaker Greg Stumbo, a Prestonsburg Democrat who serves on the board of a coal company. He revised his planned remarks to respond to Eller.

Some of what Stumbo said was defensive: Why do people who no longer live in the mountains think they know what’s best for them? Subdivisions built on Lexington farmland are just as bad for the environment as surface mining in the mountains.

Some of it was matter of fact: We must move beyond coal, which will eventually be gone. We also must understand that coal produces half the nation’s electricity — and more than 90 percent of Kentucky’s electricity — and nothing can change that anytime soon.

And some of what Stumbo said was new and interesting: Rather than abolish surface mining, which he said isn’t economically practical, leaders in Eastern Kentucky must become more creative and demanding about how mined land is reclaimed and reused.

Stumbo cited several examples where mined land has been turned into airports, subdivisions, parks, golf courses and commercial development. But he also acknowledge that much other mined land has been poorly reclaimed as useless “pasture.”

Stumbo said he has begun talking with Gov. Steve Beshear about creating a state master plan for engaging landowners, regulators and community leaders to require better plans for post-mining use before land can be mined. If done properly, he said, more mined land could become an asset for the region instead of a liability.

I’ve been attending the East Kentucky Leadership Conference off and on since 1998, and it gets more interesting every year. That’s because the people who come seem more willing to discuss controversial subjects, question the way things have always been done and embrace new ideas.

A growing theme of the conference has been entrepreneurship and how digital technology could be harnessed to reduce the region’s economic isolation. More leaders in Eastern Kentucky now understand that their economy won’t be fixed by attracting big, outside employers so much as by educating and enabling creative, hard-working locals.

Jerry Rickett of the Kentucky Highlands Investment Corp., one of the oldest and most successful organizations working to develop home-grown businesses, noted that there are more than 82,000 “micro enterprises” in Kentucky’s Appalachian counties. Imagine, he said, how many jobs could be created if some of those businesses could grow enough to hire just one more person?

Entrepreneurship and a more diverse economy are vital to Eastern Kentucky’s future. But another key will be the willingness of the region’s people to better manage their bittersweet, century-old relationship with the coal industry.

Kentuckians must find ways to make the coal industry a better environmental steward, community partner and contributor to the quality of life in the mountains — either by Eller’s way, Stumbo’s way or intelligent combinations of both.