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Identifying, building and delivering practical innovation is perhaps the most important part of a strategy that makes an enterprise more future ready. No one type of person enraptures the innovative spirit like an entrepreneur. At Dell, we have a culture of innovation. It’s part of our DNA. We believe that entrepreneurs are the foundation for innovation, economic growth and job creation. The entrepreneurial spirit was in Michael 33 years ago and it now resides as the mindset in all of our employees.
As Dell’s Entrepreneur-in-Residence, I get to see the intersection of ideas and innovation from many corners: our employees, our partners, and especially the fast growth “gazelle” entrepreneurs we engage. Entrepreneurs are an essential source of innovation, and we do everything we can to help them scale the best ideas. Our focus is to give them access to markets, capital, talent and technology.
Our Entrepreneur-in-Residence program was created to tap into innovative entrepreneurs with the brightest minds to engage with our employees and customers. Through our advocacy we help to bolster policies with government officials that lower regulations and increase polices that will incentivize entrepreneurs. Entrepreneurs are in Austin, Silicon Valley and as far away as Refugee Camps in Uganda. Dell hosts an innovative ecosystem for entrepreneurs in multiple parts of our company, including the Dell Women’s Entrepreneur Network (DWEN). Just as its name implies, DWEN is a forum for women founders and CEOs to build business opportunities, explore international expansion and access new resources. Founders 50 is a club of 50 high-growth companies to watch based on their record for disrupting their respective industries that Dell chooses every six months. Then we provide them with access to the consulting, technology and resources they need to scale, as well as capital, marketing and branding support.
The Dell Innovators Credit Fund is a $130m debt capital financing program for VC and Angel-backed startups and Dell Ventures.
Most important is the entrepreneurial spirit of every Dell employee. This is the innovative human capital that is at the heart of everything we do. It starts at the top, as Michael Dell is the UN Foundation Global Advocate for Entrepreneurship.
Applying practical innovation is an essential part of creating a more future-ready enterprise. So we have to identify and effectively implement innovations early and consistently to deliver the results that an organization, its workers, and its markets expect: Faster response, more efficiency, and more relevant and contextual engagements with their markets. This is why Dell encourages an entrepreneurial spirit among our employees and in our investments in emerging technology. And the result is that we help find a better way for customers.