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Innovation is key to economic development

Innovation 2 Enterprise

Innovation stimulates entrepreneurship. The more successful the new companies are in top-line revenue, bottom-line profitability and gross margins, the more taxes paid and the more potential dollars that the state can plow back into research and development, thus perpetuating the cycle of innovation and job creation.

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Broadband critical for economic development

Innovation 2 Enterprise

Another thing I learned recently has to do with the recipe for a robust innovation economy and the unintended consequences of well-intended legislation. According to the Federal Communication Commission’s 2018 broadband deployment chart, Oklahoma is last in our region in broadband development. Here’s the situation.

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

American Entrepreneurship

April 24, 2024) – The New Jersey Economic Development Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.

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Wolf Administration Announces New Opportunities for Tech Entrepreneurs to Develop Innovative Government Solutions

Ben Franklin Technology Partners

November 2, 2018. Harrisburg, PA – The Wolf Administration announced today that Pennsylvania is offering opportunities to tech entrepreneurs and startup companies to grow their business by connecting with government clients and developing solutions to make governmental processes more efficient. FOR IMMEDIATE RELEASE.

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A Meeting of Unreasonable Minds

Entrepreneurs' Organization

The Middle East consists of developing nations and, sadly, we are consumers of innovation and create very little of it ourselves. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says. “I I want to encourage more innovative thinking.”. An Unreasonable Idea.

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Environmental solutions firm RiKarbon chooses to continue growing in Newark, Delaware

American Entrepreneurship

an early-stage company specializing in developing innovative technologies for carbon capture and utilization, has chosen to continue growing in its hometown of Newark, Delaware, with an expansion from its Delaware Technology Park incubator space to nearby Delaware Industrial Park. October 23, 2023 ) – RiKarbon Inc. ,

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Early-stage biopharma company Uvax Bio chooses Delaware for $8M investment in next level of growth

American Entrepreneurship

Expansion of vaccine research, development and commercialization operations bringing 63 new jobs to Newark over next three years WILMINGTON, Del. Expansion of vaccine research, development and commercialization operations bringing 63 new jobs to Newark over next three years WILMINGTON, Del.