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“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economic growth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City.
Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Very little time and effort is spent helping professional, full time investors raise capital for venture funds.
In a significant boost to the venture capital landscape of Central Pennsylvania, the region is set to benefit from the establishment of the Keystone Innovation Fund II, thanks to a generous grant of $412,598 from the US EconomicDevelopment Administration’s ‘Build to Scale Capital Challenge.’
During my tenure with the local University I worked with economicdevelopers 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. New and enduring challenges in accessing capital.
For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. Collaboration is the hardest, but arguably the most important. Zoning impacts everything — collaboration, economic opportunity, climate, and long-term resilience.
The round, led by Roo Capital , included participation from 1st and Main Growth Partners, SaaS Ventures, and Riptide Venturesbringing the companys total funding to $16 million. The world needs to fight AI with AI, said Spencer Cecola, Partner at Roo Capital.
The campaign introduces people to the path of entrepreneurship, creates opportunity for collaboration and facilitates access to capital and other resources that are vital to entrepreneurial success. Four distinct themes guide activities throughout the week: ecosystems, education, inclusion and policy. Register here: [link].
STATION DC was launched by Capital Factory, in partnership with the City of Washington, DC, as a community-driven coworking and event space designed to support diverse entrepreneurs, creators, and changemakers. As the official D.C. At STATION DC, were not just building a communitywere delivering results, said Executive Director James Barlia.
During our March Quarterly Conversation, affiliates discussed the challenges moving from individual entrepreneur support organizations to a collaborative, community-based model. Denisse Rodriguez from Colmena66 has found one of the best ways to foster relationships in your network is to hold resource partner meetups.
In our commitment to entrepreneurship-led economicdevelopment, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. Women entrepreneurs find success despite lack of access to investment capital. 3 Ways to Empower Your Entrepreneurial Community.
EconomicDevelopment Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. This collaboration was the only EDA Technology Hub designation in Pennsylvania.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. A collaborative approach drives development and can lead to powerful outcomes. Nicole LaChapelle – Mayor, Easthampton, MA.
March 18, 2025) Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program.
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.
Driving innovation through collaboration to create jobs is the entire reason for being of the public-private consortium of the Oklahoma Center for the Advancement of Science and Technology (OCAST), the Oklahoma Manufacturing Alliance (OMA), the Oklahoma State University New Product Development Center (NPDC) and i2E.
SEE FULL SCREEN LEADING INNOVATION AND ECONOMIC RESILIENCE IN PA As we reflect on the remarkable journey of the past year, I am filled with pride and gratitude for the ongoing impact that our program has had in driving economicdevelopment and fostering innovation throughout Pennsylvania. EconomicDevelopment Administration.
Since first investing in Oklahoma startups in 1999, i2E, and now its independent Venture Capital Fund management partner, Plains Ventures, have managed numerous early-stage debt and equity investment funds, making 452 investments in more than 250 companies. Selexys Pharmaceuticals was acquired by Novartis for $665 million in October 2016.
No colleagues, no customers and no capital. When founders saw that there were other companies, collaborators, mentors, investors in the region than they ever realized – they became empowered. They collaborated. Connects & Coalesces – starts conversations and collaborations. They interacted. The Blueprint?
A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology Partners of Central & Northern Pennsylvania.
OurCrowd First Israeli Company to Partner With the Singapore EconomicDevelopment Board in the Global Innovation Alliance (GIA) Programme. Collaboration will further strengthen ties between startups and corporates in Israel and Singapore. June 27, 2022 09:00 PM Eastern Daylight Time.
Here’s why: The HQ2 search process galvanized cities to drive collaboration between universities, economicdevelopment groups, civic leaders, and startup ecosystem builders. have a net positive impact on the other 236 cities that didn’t make it to the finish line. just might?—?launch launch the next Amazon.
They build a culture of trust and collaboration among stakeholders, so that the doers and innovators have equal access to information, talent and resources when they need them. Episode 2: How to Build Up Community Capital to Nurture Your Ecosystem with Debbie Irwin. Season 4: Social Capital. Check out to Season 4.
Choo Heng Tong, the Executive Vice President for New Ventures and Innovation, EDB, said delivering sustainability goals is now more pressing as it also presents an opportunity for collaboration across the ecosystem to build and scale climate tech ventures.
She led teams that examined biases in decision-making, studied economic inequality and the manifold ways in which sociology interacts with venture capital. I didn’t know exactly what I was coming into and I wanted to see if my approach to social impact, social change, investing, economicdevelopment and narrative change was possible.
Oklahoma was also the first collaboration for recognized industry greats Richard Rodgers and Oscar Hammerstein. Oklahoma, the play, is a unique story—and not the only unique story of innovation and collaboration with an “Oklahoma” stamp. the OIM is a catalyst for economicdevelopment in rural, regional, and urban economies.
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. and across the Americas, Afro-Brazilians have long struggled for socio-economic equity. Tara Sabre Collier. Contributor.
” Maggie Horne, Director of the Gannon Small Business Development Center (SBDC), echoed similar sentiments, emphasizing the importance of collaborative initiatives like the TechCelerator program in fostering innovation and supporting local entrepreneurs.
Founded in 2017, Rainmaking APAC is a startup development company dedicated to helping businesses launch, build, and scale in their industries. Rainmaking APAC’s portfolio centers around co-founding startups in collaboration with corporate partners and entrepreneurial founders.
Collaborative research focused on developing the field of ecosystem building would allow the field to identify the principles and practices that are most effective for fostering successful entrepreneurship. They take the vague to the substantive. Beth McKeon’s Goal 5 Experiences. Ellen Bateman’s Goal 5 Experiences.
The cohort is made possible thanks to a Capital Readiness Program grant from the Minority Business Development Agency (MBDA). Rutgers University’s Center for Urban Entrepreneurship & EconomicDevelopment is excited and honored to partner with NMSDC on their Capital Readiness Program.
What we found through our research are three essential areas to foster the professional and personal development of entrepreneurial ecosystem builders: Justifying and valuing their work: Building the business case for inclusive ecosystem building through fieldwide metrics . How to measure the impact of people collaborating. Mara Hardy.
Fisher’s Popcorn officials presented to Delaware’s Council on Development Finance an application for a Jobs Performance Grant of $60,000 and a Capital Expenditure Grant of $145,500 from the Delaware Strategic Fund to support the company’s investment in construction, fit-out costs and new equipment.
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. One industry we aren’t surprised to see growing in the nation’s motor capital is, of course, mobility. Meanwhile, Detroit has become a rising force in consumer brand startups.
May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey EconomicDevelopment Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark. (May headquarters.
NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The firm plans to commit at least 10 percent of the total capital commitment up to a maximum of $2.5
LEADING INNOVATION AND ECONOMIC RESILIENCE IN PA As we reflect on the remarkable journey of the past year, I am filled with pride and gratitude for the ongoing impact that our program has had in driving economicdevelopment and fostering innovation throughout Pennsylvania. EconomicDevelopment Administration.
.” Echoing the mantra of Rise of the Rest, these regions are well-positioned to create startup activity and strengthen their ecosystem through intentional cultivation of a collaborative culture, engagement with the community, and capitalization of early-stage ventures. There is no special training required to be a Startup Junkie.
Board will work to increase capital to minority-owned startups, create diverse innovation economy WOODBRIDGE, N.J. The board will provide knowledge, guidance, and insights on ways to best increase capital, access, and investments in New Jersey’s diverse entrepreneurs.
America’s SBDC network is a collaboration, including SBA, the US Congress, the private sector, and the colleges, universities, and state governments that hold SBDCs across the nation. It has America’s nationwide network of Small Business Development Centers (SBDCs). And America’s SBDC is offering the same. What does America’s SBDC Do?
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey EconomicDevelopment Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.
Winners, all with founders/co-founders who are UD alumni, were as follows: 1st: SomnOSA (Baltimore, Maryland) – $7,0 0 0 2nd: Toivoa (Wilmington, Delaware) – $5,000 3rd: Stakana Analytics (Seattle, Washington) – $2,500 Sylvester Mobley, managing partner of Plain Sight Capital and founder of Coded by Kids, delivered the event’s keynote address.
Nearly every major Silicon Valley venture-capital firm has now invested in a B Corp ; maybe you will be one of them! DV Hacks , led by BCG Digital Ventures: “A 48-hour hackathon to improve how we live, work, collaborate, and learn.”. From 100% loss capital (e.g. From 100% loss capital (e.g. Congratulations!
Alax works at the intersection of Community Development; Technology; and Venture Capital. My will to transform underserved communities into capital markets or a modern Timbuktu is what drives me. How to develop a consortium when applying for federal opportunities/funding. To you, what is an Ecosystem Builder?
On August 20, 2021, Louisiana Angel Investor Tax Credit program rule changes made by Louisiana EconomicDevelopment went into effect. The significant change enhances the availability of capital for Louisiana-based companies. LED’s efforts to work collaboratively with GNO, Inc.
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