article thumbnail

Woodchuck Raises $3.75M to Combat Construction Waste Crisis with AI-Driven Biomass Energy Platform

American Entrepreneurship

We’re proving that sustainability and strong economic growth can go hand in hand… This is an example that we are up to the task in creating opportunity in the process.” Thank you, Todd, for the work you are doing,” said Governor Whitmer. “We’re

article thumbnail

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

American Entrepreneurship

Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. Still, CoreWeaves strategic moves are positioning it for long-term growth. The company reported $1.92 In March 2025, it signed a five-year, $11.9 The company recently announced a $1.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

AI presents a tremendous economic opportunity for New Jersey, poised to create good-paying jobs, catalyze new discoveries, grow our start-up community, and foster long-term economic growth, said Governor Murphy.

article thumbnail

EDA Awards an additional $210M in Tech Hub Grants Supporting Innovation

American Entrepreneurship

Tech Hub Funding Background In July 2024, the Economic Development Administration (EDA) awarded 12 Tech Hubs Designeeswith implementation grants that ranged between $19million and $51 million, totaling $504million.

support 98
article thumbnail

RFQ | Entrepreneurial Ecosystem Project Management

Forward Cities

Overview Forward Cities, a national nonprofit committed to inclusive economic growth through entrepreneurship, seeks a strategic consulting partner to co-design and implement a set of field-informed solutions that advance Durham’s entrepreneurial ecosystem.

article thumbnail

Ben Franklin’s 2024 Program Overview

Ben Franklin Technology Partners

Focused on investments ranging from $1 million to $5 million per company, the GO PA Fund is poised to significantly contribute to the growth of over 600 current and future portfolio companies within the Ben Franklin Network. The post Ben Franklin’s 2024 Program Overview appeared first on BFTP/CNP.

article thumbnail

Pennsylvania Supports Small Business with Bipartisan State Budget

American Entrepreneurship

“Main streets across our Commonwealth are not only an important part of our small business economy, but they also create community, are gathering places and enhance our quality of life,” said Stephen McKnight, President and CEO, Blair County Alliance for Business and Economic Growth. “We

support 98