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Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to developstartupecosystems. but the connections are not being made to support the funds that are supposed to be funding all these local startups.
Two-year-old startup contributes to Tampa’s growing startupecosystem. In a major milestone for both Scamnetic and the growing Tampa, Florida innovation ecosystem, the AI-powered scam detection company announced a $13 million Series A funding round to accelerate its growth and expand its market presence globally.
Consequently, metros like Nashville, Indianapolis, Salt Lake City, and Phoenix have attracted more transplants from coastal hubs — a shift that helps spur economicdevelopment but also puts pressure on housing costs and public services. What separates entrepreneurial ecosystem potential from realized success is often risk tolerance.
From navigating complex regulations and securing funding to connecting with and growing a network, entrepreneurs in Vietnam face a unique set of challenges as they build their businesses: Access to capital: Securing funding for a new business can be elusive, particularly for startups.
A new batch of enterprising New Zealanders are being given the opportunity to fast track their ventures from idea through to startup, thanks to an online education initiative backed by Callaghan Innovation and entrepreneur education platform Startup NZ.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startupecosystem in the US. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. But to answer the actual question “Is there something going on in LA?”
Does it mean that big tech will always choose to invest in coastal cities, further enriching strong startupecosystems? It would have signaled that a more equally dispersed innovation economy is possible and it would have accelerated that progress for one lucky city. I just don’t believe that to be true. and should?—?have
Tara Sabre Collier is an early-stage impact investor with more than 15 years of experience at the intersection of economicdevelopment, social entrepreneurship and impact investment. Over the last five years, Brazil has witnessed a startup boom.
Jamil Wyne is an advisor, investor and author focusing on entrepreneurship, technology and economicdevelopment in emerging markets. A close look at Singapore’s thriving startupecosystem. As of October, climate-tech startups had raised over $32 billion in 2021 and, according to Dealroom and London & Co.,
It plans to “accelerate financial inclusion within underserved communities across the country” and support its “AI-powered” lending infrastructure. . We are pleased to partner with Blnk to drive financial inclusion and economicdevelopment in Egypt, and we look forward to working with the team to achieve their goals.”
The unicorns in Michigan demonstrate a fertile startupecosystem with unlimited opportunities. A couple weeks ago, StockX became the state’s newest in a quickly-growing cohort of unicorns, which includes two other startups that also earned the elite status this year. Acquired by Cisco last year for $2.35
Building Startup Communities is the Way to Economic Growth and Recovery. The pandemic has accelerated and exacerbated the situation. And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses. Economies are hurting.
Having spent close on a decade working in and reporting on our small but burgeoning startupecosystem, and a decade before that “building my chops” in other various entrepreneurial endeavours, I am familiar with the toll that entrepreneurship can exact on founder mental health.
Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade. Put off by high taxes and paperwork in their home country, many Italian entrepreneurs moved to places like London in years past to startup.
To unpack this rare gem of Europe’s startup scene, we spoke to eight area investors. Among the trends they identified are startups in B2B, business automation processes, e-commerce, AI, SaaS and COVID-19-related solutions, as well as “smart” everything: factories, cities, offices, etc. billion crowns or $59 million.
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