Celebrating a Decade of Innovation: The DEC Network’s 10th Annual State of Entrepreneurship

On February 13, 2023, the DEC Network marked a significant milestone at its 10th Annual State of Entrepreneurship (SOE) event held at Vouv in Addison, Texas. This high-energy gathering brought together North Texas’ entrepreneurial community to celebrate a decade of innovation, resilience, and growth in the region.

A Night of Reflection and Celebration

The evening was masterfully MC’d by Jeremiah Anderson, the Director of Innovation at the Frisco Economic Development Corporation. He set the tone for the night by emphasizing the importance of reflecting on the progress made within the entrepreneurial ecosystem. "Each year, we gather to reflect on the incredible progress, innovation, and resilience within our entrepreneurial ecosystem," Anderson stated. "Tonight, as we mark a decade of SOE, we not only celebrate the achievements of the past year but also the unwavering spirit that drives North Texas forward."

The event also served as the official kickoff for DFW Startup Week, scheduled for August 3-7, 2023, further highlighting the region’s commitment to fostering entrepreneurship.

A Decade of Achievements

Throughout the evening, the significance of reaching the 10-year milestone was palpable. Anderson remarked, “As we celebrate ten years of SOE, we also celebrate the resilience, creativity, and boldness that define this community. Let’s make it count!” His words resonated with the audience, which included entrepreneurs, corporate partners, investors, and community leaders.

Frisco’s growing reputation as an innovation hub was also spotlighted. With over 400 startups and 13 corporate innovation hubs, the city has seen remarkable success, including more than 35 startup exits and nearly 100 new investments in the past four years.

Honoring Excellence: The Awards Ceremony

Presented by Bank of America, the event featured an awards ceremony that recognized outstanding entrepreneurs and organizations within the community. Bill Chinn, CEO of The DEC, noted the competitive nature of the awards, with over 4,000 individuals casting votes. “These awards are completely community-nominated and community-voted, making each win even more meaningful,” he said.

Entrepreneur of the Decade

The highlight of the awards was the recognition of Ichan Stall as the Entrepreneur of the Decade. Stall, a DEC board member and seasoned entrepreneur, has made significant contributions to the entrepreneurial landscape over his 25-year career. His experience spans rapid growth, enterprise software, and angel investing, and he has played a pivotal role in mentoring startups and small business owners.

Other Notable Awards

The ceremony also honored several other deserving individuals and organizations:

Event of the Year: DFW Startup Week, sponsored by Capital One, recognized as the largest entrepreneurial event in North Texas.
Startup Evangelist of the Year: Frances Smith-Dean, for her work at the Zan Wesley Homes Jr. Community Outreach Center.
Angel Investor of the Year: Shavondra Smith, founder of Home of Joy Group Home, known for her philanthropic efforts.
Rising Entrepreneur of the Year: Dr. Ravyn Cotton, for her establishment of the Iasoto Chiropractic Wellness Center in DeSoto.
Male Entrepreneur of the Year: Brandon Hall, for his contributions to fitness through -MENT Fitness.
Female Entrepreneur of the Year: Ashley Adams, for creating Ala Beauty Studios & Academy.
BIPOC Entrepreneur of the Year: Demi Oloyede, founder of Limpiar, an AI-powered cleaning platform.
Institutional Investor of the Year: North Texas Angel Network, supporting early-stage companies.
Foundation of the Year: Dallas Foundation, driving philanthropy in the community.
University of the Year: Texas Woman’s University – Center for Women Entrepreneurs, providing essential resources for women-owned businesses.
City/EDC of the Year: DeSoto EDC, recognized for its support of various industries.
Small/Medium Corporation of the Year: Dallas Regional Chamber, advocating for economic growth.
Large Corporation of the Year: Chase Bank, committed to supporting entrepreneurs.
Financial Institution of the Year: Bank of America, a key sponsor of the event.

Looking Ahead: The Future of Entrepreneurship in North Texas

As the evening concluded, the atmosphere was charged with optimism and excitement for the future. The DEC Network’s commitment to fostering innovation and supporting entrepreneurs in North Texas is evident, and the 10th Annual State of Entrepreneurship event served as a powerful reminder of the community’s resilience and collaborative spirit.

With DFW Startup Week on the horizon, the entrepreneurial community is poised for another year of growth, learning, and connection. As Anderson aptly put it, “Let’s make it count!”

For those eager to stay informed about the latest developments in the Dallas-Fort Worth business landscape, subscribing to Dallas Innovates is a must. This resource offers curated news and insights, ensuring that you remain at the forefront of the region’s vibrant entrepreneurial ecosystem.

In conclusion, the DEC Network’s 10th Annual State of Entrepreneurship was not just a celebration of the past but a rallying call for the future, inviting all to participate in the ongoing journey of innovation and success in North Texas.