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NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies

American Entrepreneurship

The ultimate goal is to foster an entrepreneurial ecosystem that leads to greater economic growth by providing companies with crucial funding for product development, marketing, research and development, and other working capital needs. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.

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NJEDA Board Designates Netflix as a Studio Partner, Continuing New Jersey’s Film Industry Momentum

American Entrepreneurship

New Jersey will soon be home to one of the most dynamic film studios in the world, and its work will be driven by direct partnerships with local businesses and communities.” It will bring countless jobs to the local community and economy, not to mention expanding upon New Jersey’s film legacy,” said Senator Declan O’Scanlon.

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IFC leads $17M investment in South African insurtech Naked

TechCrunch

While 28% of South African millennials are in the market for insurance, 60% of them would prefer communicating with their insurer via the internet. In years when claims are lower than expected, the surplus goes to communities and good causes chosen by customers,” it said in a statement.

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3 Stories of Social and Climate Action in the Mediterranean

Impact Hub

Is it possible to create jobs , foster inclusive growth and promote social inclusion – all while tackling some of the most pressing issues of our time? . Since March 2018, Impact Hub alongside other partners has been supporting Oxfam Italia in an EU-funded initiative called MedUP! Program proving that yes, it is possible.

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Oraan raises $3M to increase financial inclusion among Pakistani women

TechCrunch

Then she met product designer and entrepreneur Farwah Tapal, who had recently returned to Pakistan from Spain, and the two created Oraan in 2018 to help women access financial services. Traditionally, ROSCAs are formed within communities, for example among family members, friends or neighbors.

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Cities Championing and Expanding Awareness of Entrepreneurship

Ecosystem Builder Hub

These startup communities have created engaging campaigns that celebrate their entrepreneurs and startup community. Research shows that entrepreneurs and young companies are the key drivers of economic growth. They need to understand why entrepreneurship is critical for economically thriving communities.

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Rural Colorado Entrepreneurial Opportunities Increase With Access To New Capital

American Entrepreneurship

in 2018 and has since made 29 investments and has realized five exits. This exciting partnership builds upon our ongoing work to boost Colorado’s strong economy, bring good-paying jobs to Coloradans in rural communities, and support small businesses,” said Governor, Jared Polis. “As GCVF’s Fund I raised $17.5M