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Aspiring entrepreneurs and small business owners in Nebraska now have access to a premier network of interconnected support resources that spans the 76,878 square mile state. One key aspiration was driving job creation and attracting young adults to the area by providing more support for entrepreneurs, innovators and small businesses.
Data captured from the small businesses supported by SourceLink® affiliate organizations provides valuable information for our network to report to their community stakeholders. Tracking and supporting job creation. Data was extracted from the 2018 Quarterly Workforce Indicators (QWI) report from the U.S. Census Bureau.
The traditional economicdevelopment 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. Ellen Bateman.
The Black and Latinx Seed Fund will be administered by the New EconomicDevelopment 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.
Zembo, a French startup with operations in Uganda was founded in 2018 and sells electric motorcycles through a lease-to-own program. It also operates a network of solar charging and battery swapping stations in the East African country. million (€3 million) in electric motorcycle startup Zembo to help it grow its business.
In fact, ACA members and groups are the most significant source of support for entrepreneurs, investing more than 1 million pro bono hours and $650 million of after-tax financing to more than 3,000 high growth companies annually. Without this support, many early-stage companies wouldn’t get off the ground.
Last month, I had the opportunity to visit Ann Arbor during a week-long series of tech events curated by economicdevelopment engine Ann Arbor SPARK. All three of these startups have received funding since 2018, including from coastal investors. Acquired by Cisco last year for $2.35
In fact, ACA members and groups are the most significant source of support for entrepreneurs, investing more than 1 million pro bono hours and $650 million of after-tax financing to more than 3,000 high growth companies annually. Without this support, many early-stage companies wouldn’t get off the ground.
Their annual ESHIP Summit was created with the mission to “advance ecosystem building as a new approach to economicdevelopment to help more people and communities achieve economic independence through entrepreneurial success.”. Network Health. Recently the movement transitioned to a new stage. Governance.
In my last blog, I talked about the definition and evaluation of two key elements of an entrepreneurial ecosystem – entrepreneurs and entrepreneur support organizations (ESOs). Collaboration between organizations providing various services creates a cohesive network of resources better suited to support innovation.
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