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FINALISTS IN BEN FRANKLIN’S NWPA BIG IDEA CONTEST ANNOUNCED!

Ben Franklin Technology Partners

American PreCast Industries , located in Clarion, is focused on innovative, cost effective products to meet the economic pressures from COVID-19 while stimulating regional economic growth. Stay tuned for more information on the final judging which will take place in mid-January 2021 via ZOOM.

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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

“Support for entrepreneurship and digital transformation is essential to economic growth, job creation, and resilience,” said Makhtar Diop, IFC’s Managing Director. In 2021, Africa, Middle East, Central Asia, and Pakistan received less than 2% of the $643 billion global venture capital funding.

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IFC leads $17M investment in South African insurtech Naked

TechCrunch

The news follows the Naspers-led $11 million Series A round that the South African insurtech announced in August 2021. IFC’s investment in Naked will help increase the penetration of tech-driven insurance in the country and contribute to job creation and economic growth.”

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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups

American Entrepreneurship

According to estimates from PitchBook, venture capital and angel investment activity has declined since 2021, with a 40 percent reduction in the amount of companies receiving investment and a 50 percent decrease in investment funding. For a full list of eligibility requirements and further information on the program, visit [link].

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Senior Business Leader Joins SMU Cox Spears Institute for Entrepreneurial Leadership

American Entrepreneurship

In Fall 2021, Taylor was able to fulfill a long-term goal by joining SMU Cox as a mentor in the MBA startup “Unbridled Ventures” program and adjunct instructor for the Executive MBA program. Having earned his MBA at the Stanford Graduate School of Business, he maintains close ties to the Bay Area’s entrepreneurial community.

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Global Entrepreneurship Congress Aims to Fuel Healthier Ecosystems

Angel Capital Association

ACA members are invited to join the Global Business Angels Network (GBAN) Annual Meeting in Riyadh, Saudi Arabia, from November 14-17, 2021! You will then be invited to join virtual working sessions throughout the rest of 2021 building up to the live finale of the Global Entrepreneurship Congress.

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Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

TechCrunch

Serena Ventures, Omidyar Group’s Luminate Fund, Melo 7 Tech Partners and Cascador (Empowering Economic Growth Foundation) participated. Enterprise customers now contribute over 75% of revenues generated, up from 45% in 2021. This is compared to the 80% revenue growth between FY 2021 and FY 2020.

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