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

American Entrepreneurship

Meeting highlights Governor’s commitment to equity and inclusion in New Jersey’s innovation economy TRENTON, N.J. While we have more work to do to ensure minority entrepreneurs have access to the funding needed to launch and grow in the Garden State, discussions such as these will help to spark ideas for ways to level the playing field.”

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Citi Foundation’s Inaugural Global Innovation Challenge Now Open for Nonprofits

American Entrepreneurship

Upon learning the import of the study, the Citi Foundation announced its first-ever Global Innovation Challenge to address food security. The Foundation’s goal is to help scale the role of nonprofits around the world to support their efforts of developing innovative solutions to improve food security. million meals on behalf of U.S.

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Octane raises $52M at a $900M+ valuation to help people finance large recreational purchases

TechCrunch

Some are more for fun, and the financing options for those types of buys — such as motorcycles and ATVs — are more limited. The company, which offers “instant” financing for large recreational purchases, boasts impressive financials in a startup world whose inhabitants are mostly unprofitable.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

In a deeply researched report for TechCrunch+ , reporter Christine Hall examined the state of the cell-cultured meat industry and identified many of the startups innovating in the sector, along with the challenges they face when it comes to ramping up production and getting regulators and consumers on their side. “It

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Crypto startup Ledger teams up with Cathay Innovation to launch $110M sector fund

TechCrunch

Cathay Innovation is hoping to secure the bag in a new investment partnership with a company that secures crypto assets. Denis Barrier, co-founder of Cathay Innovation Image Credits: Cathay Innovation. Cathay Innovation was the lead investor in that round, which valued Ledger at $1.5 billion, Gauthier said.

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4 Startup Myths That Hold Innovation Back (and How to Overcome Them)

StartupNation

Here are four startup myths that hold innovation back. businesses that were started during a recent eight-year period (2007 to 2014). industry, financing, patenting, location) and outcomes (i.e. Diverse startups are the key to innovation, creative thinking and growth, which is now more critical than ever before.

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Scene Health Secures $17.7 Million Series B Financing Led by ABS Capital Partners

American Entrepreneurship

million Series B growth financing led by ABS Capital Partners with participation from existing investors Claritas Health Ventures, as well as Healthworx, the innovation and investment arm of CareFirst BlueCross BlueShield, PTX Capital, and Kapor Capital. ABS Capital: building emerging growth businesses into industry leaders.

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