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Two Local Erie Startups win Ben Franklin’s TechCelerator Business Bootcamp

Ben Franklin Technology Partners

Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economic growth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP. Premier Manufacturing – d.b.a

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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

(March 5, 2024) – The New Jersey Economic Development Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.

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IFC leads $17M investment in South African insurtech Naked

TechCrunch

According to a statement, the funding presents Naked with an opportunity to improve its AI and use it to grow Africa’s insurance market which is worth over $68 billion in annual gross written premiums. The round welcomed participation from the German Development Finance Institution (DEG), and earlier investors, Yellowwoods and Hollard.

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Success & Challenges of the angel community: SEC asks ACA CEO Pat Gouhin to advise on capital formation as part of the FinHub’s Peer-2-Peer Series.

Angel Capital Association

It’s so important for angel investors to have the opportunity to talk about those critical issues where policy and progress intersect,” said Pat. He also discussed how raising the fund cap to $50 million and 500 investors would help to fill a void in the early stage capital formation space.

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BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya

TechCrunch

They understand this extraordinary moment of opportunity and urgency as time runs out for the world to make a meaningful impact on climate emissions,” said BasiGo co-founder and CEO, Jit Bhattacharya. Jonathan Green is the startup’s other co-founder.

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Why Recessions Are a Good Time to Start a Side Hustle

StartupNation

Good entrepreneurs use the hidden opportunity of recession times to supplement their income or launch a new venture for a variety of reasons. Here, we’ll examine why recessions can be such a good time to explore your entrepreneurial interests: There’s opportunity in the short-term market. There’s more innovation opportunity.

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Clean energy firm Husk signs UN energy compact as it begins solar mini-grid expansion in Nigeria, rest of Africa

TechCrunch

MSMEs are the engine of economies in Africa, and powering existing small businesses and encouraging the formation of new MSMEs helps create the type of economic growth and social benefit that carries over to households by creating more opportunity and more jobs,” the company’s CEO and co-founder Manoj Sinha, told TechCrunch.

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