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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

I am at once proud of and awed by Jonathan, whose dual-track passion for the future of food and the future of Appalachia has brought him to tears more than once since we first invested in early 2018. AppHarvest raised its first round of institutional capital from our Rise of the Rest Seed Fund and others in January 2018.

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Broadband critical for economic development

Innovation 2 Enterprise

According to the Federal Communication Commission’s 2018 broadband deployment chart, Oklahoma is last in our region in broadband development. Not surprisingly, access is more ubiquitous in higher populated cities and towns. However, in rural areas about 25 percent of the population — around 14 million people lack access.

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Innovation is key to economic development

Innovation 2 Enterprise

OCAST is Oklahoma’s only agency with the sole focus of technology-based economic development. In 2018, 145 research applications received by OCAST were deemed “qualified-for-funding” by outside peer review and rigorous vetting. We must accelerate innovation. Scott Meacham is president and CEO of i2E Inc.,

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New Jersey announces $10M seed fund aimed at Black and Latinx founders

TechCrunch

The Black and Latinx Seed Fund will be administered by the New Economic Development Authority (NJEDA). NJEDA CEO Tim Sullivan said based on research conducted by the state, that New Jersey is the first state in the nation to develop this type of fund. billion venture dollars invested between 2018 and 2019.

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Zembo nabs $3.4 million from Toyota, DOB Equity and InfraCo Africa to grow its motorcycle startup in Uganda

TechCrunch

Zembo, a French startup with operations in Uganda was founded in 2018 and sells electric motorcycles through a lease-to-own program. Mobility 54’s investment in Zembo envisions to accelerate the carbon neutrality in Africa by electrification of the mobility industry.

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Practical Metrics and Methods: ESHIP Goal 5 – Part 1

Ecosystem Builder Hub

The traditional economic development approach uses static and reactive metrics – the number of jobs created, capital investment dollars, and companies recruited – on an annual basis. For example, my EDO had “7 wins” (companies that relocated) in 2018, but only “1 win” in 2019. Metrics do that.

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Why Michigan Could Become a Startup Powerhouse

HPA

Last month, I had the opportunity to visit Ann Arbor during a week-long series of tech events curated by economic development engine Ann Arbor SPARK. All three of these startups have received funding since 2018, including from coastal investors.

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