Koltai & Company designs and manages programs to spur entrepreneurship around the world. We are a team of consultants drawn from the worlds of startups, business, banking, and international development.

KolCo is led by Steven Koltai, whose approach towards entrepreneurship development is captured in Peace through Entrepreneurship, a new book from Brookings Institution Press.

KolCo Managing Director Steven Koltai speaks at TEDxDirigo

Why Entrepreneurship Development?

Entrepreneurship is the single biggest driver of job creation and economic growth in any economy, which in turn are the underpinnings of political stability and healthy societies. In the U.S., new firms create three million jobs every year, while in emerging markets small- and medium-sized firms account for 97 percent of all jobs. Whether it is helping post-conflict states recover, reigniting growth in stagnant economies, or uncovering new investment opportunities, entrepreneurship development plays a critical role.

Robust entrepreneurial ecosystems contribute additional benefits to communities, including increased commercialization of innovation, which can be harnessed to address pressing social problems. Entrepreneurship provides new opportunity, creating paths for social mobility and thereby empowering disenfranchised groups and including them in the benefits of growth.

The Six + Six Entrepreneurship Ecoysystem Model

The Six + Six Entrepreneurship Ecosystem Model

KolCo’s strategy for entrepreneurship development rests on the premise that no single factor alone moves entrepreneurship forward. Rather, entrepreneurs thrive when multiple sectors and actors consciously work together to develop a supportive environment for entrepreneurship.

This concept is embodied by KolCo’s Six + Six Entrepreneurship Ecosystem Model, which highlights the six fundamental actions required to build a successful entrepreneurial ecosystem: Identify, Train, Connect & Sustain, Fund, Enable, and Celebrate entrepreneurs; and the six participants who must be involved in their implementation: NGOs, Corporations, Foundations, Government, Academic Institutions, and Investors.

We believe that only through this comprehensive, holistic approach can true progress toward a healthy entrepreneurial ecosystem be achieved.

Steven Koltai

Steven R. Koltai
Steven R. Koltai is the Managing Director of Koltai & Co. LLC and a Guest Scholar at the Brookings Institution. He is a successful repeat entrepreneur in the telecommunications and event management industries, and from 2009-2011 served as Senior Advisor for Entrepreneurship in Secretary Hillary Clinton’s State Department.

While at the State Department, Steven created and ran the Global Entrepreneurship Program, a central element of President Obama’s strategy for changing the relationship between the U.S. and Muslim communities around the world. He left the State Department to continue the work of global entrepreneurship ecosystem building via Koltai & Co. 

Steven has over 30 years of business experience with several successful startups under his belt, including SES, the world’s largest commercial TV satellite system, and Event411, an online event management business which he founded, grew to over 250 employees, and sold in 2002. He has also served as Senior Vice President for Strategy and Corporate Development at Warner Bros., as a strategic planning consultant at McKinsey & Co., and as an investment banker at Salomon Bros.

Steven is an active angel investor and mentor to entrepreneurs around the world. He is the author of Peace through Entrepreneurship: Investing in a Startup Culture for Security and Development (Brookings Press, 2016) and writes and speaks frequently about entrepreneurship as a foreign policy tool.

LinkedIn | Bio (PDF)

Press & Appearances