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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

The companys collaboration with the New Jersey Economic Development Agency is a boost to the states program to attract AI companies for its innovation economy. The company raised $1.5 billion at $40 per share, securing a valuation of $23 billionmaking it the largest AI-related IPO in history.

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Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses

Source Link

During my tenure with the local University I worked with economic developers all across Iowa, from Sioux City to Davenport and a great many small but mighty communities in-between: Grinnell, Parkersburg, Webster City and Lamoni to name a few. Starting and growing a business can prove to be a daunting endeavor within any market.

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Broadband critical for economic development

Innovation 2 Enterprise

Copyright © (2019), The Oklahoman. As a state, it would behoove us to recognize that universal high-speed broadband is a critical ingredient to driving increased innovation, accelerating STEM (science, technology, engineering and math) education for Oklahoma’s young people — and for seeding entrepreneurship in our rural areas.

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Innovation is key to economic development

Innovation 2 Enterprise

Copyright © 2019, The Oklahoman. Stitt is expressing the 2019 version of the legislative vision that created OCAST in 1987, authorized the seed capital fund (TBFP Fund) in 1988 and has continued to invest in the Oklahoma Model of innovation. OCAST is Oklahoma’s only agency with the sole focus of technology-based economic development.

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Brazil’s Black Silicon Valley could be an epicenter of innovation in Latin America

TechCrunch

Tara Sabre Collier is an early-stage impact investor with more than 15 years of experience at the intersection of economic development, social entrepreneurship and impact investment. Tara Sabre Collier. Contributor. She is a Visiting Fellow of Oxford University where she teaches and writes about impact investing, diversity and equity.

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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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Deci lands $25M for tech that makes AI models more efficient

TechCrunch

While newer generations of chips and custom-designed AI accelerators have helped to reduce the burden somewhat, creating a model from scratch is still no easy feat. In 2019, Geifman co-founded Deci alongside Ran El-Yaniv and entrepreneur Jonathan Elial. “We haven’t seen a major impact [from recent economic developments].