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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. She shared an experience she had with this in Buffalo. “We
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.
Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. Collectively , they have raised over $100 million in venture capital. Google sets up $50M fund to invest in African startups. We are not restricting ourselves to certain verticals.
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. Entrepreneurial development in rural areas is needed now more than ever.
What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community. There was no strategic goal to build venture backed startup companies, but yet at least three companies in her community got VC investment last year. Venture Capital & Technology'
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.’
For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. Last week, Brookings and Revolution teamed up for an event exploring macro trends shaping labor and housing markets at this moment of rapid growth, historic investment, and significant uncertainty.
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. In the last decade, we’ve socialized several Rise of the Rest-isms to describe investments that check those boxes.
a nonprofit dedicated to fostering the growth of startups and entrepreneurs in Oklahoma, is proud to announce surpassing the $100 million mark in total investments. This achievement highlights their continued commitment to driving innovation and economic growth across Oklahoma and beyond. i2E, Inc., About i2E, Inc.
The availability of broadband depends on whether a subscriber is in a populated or rural area, on carrier’s pricing and on how carriers prioritize their investment in expanding broadband infrastructure. According to the Federal Communication Commission’s 2018 broadband deployment chart, Oklahoma is last in our region in broadband development.
Nine tech-companies in central and northern PA, that were adversely affected by COVID-19, received an investment from Ben Franklin Technology Partners/CNP that will allow them to stabilize their operations and further develop and commercialize new products, processes, or software applications. We Invest in Innovation.
The largest early-stage investor in the region, Ben Franklin provides investmentcapital, business support services, BIG IDEA Contests, and Tech Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. WE INVEST IN INNOVATION. www.croptix.solutions.
A lot of ideas came out of it—many were ones that we’ve been thinking about at First Round for a while, given our investments in One King’s Lane , Homerun , Bigdeal , Modcloth , Monetate and Packlate , among others. Tags: First Round Capital Venture Capital & Technology nextNY.
” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.
The largest early-stage investor in the region, Ben Franklin provides investmentcapital, business support services, BIG IDEA Contests, and Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. WE INVEST IN INNOVATION. . InspectionGo Inc.,
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.
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 investmentcapital. 3 Ways to Empower Your Entrepreneurial Community.
Register Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. program, a SGD 20 million initiative introduced by the Singapore EconomicDevelopment Board.
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.
In an era of technological advancement and economic transformation, Northcentral Pennsylvania finds itself at the forefront of a remarkable development. With only 29 Strategic Development Grants awarded across the entire United States, this achievement is a testament to the dedication and vision of the region’s stakeholders.
Next NJ Program and AI Innovation Challenge Administration Grant Program will increase AI investment and catalyze groundbreaking research TRENTON, N.J. New Jerseys continued investment in the sectors of the future will pay dividends for generations to come, setting the Garden State on a path of economic strength and prosperity.
Nine tech-companies in central and northern PA, that are developing solutions related to the impact of COVID-19 on the state and its economy, received an investment from Ben Franklin Technology Partners/CNP. We Invest in Innovation. Epicenter-app.com. www.boostpoint.com. Visit www.ohanalink.tech. www.reflexion.co.
STATE COLLEGE, PA – Seventeen companies located in central and northern PA recently received an investment from Ben Franklin Technology Partners that will allow them to further develop and commercialize new products, processes, or software applications. To learn more about Ben Franklin, visit cnp.benfranklin.org. www.notepromd.com.
rang the opening bell on the NASDAQ stock exchange, signifying the start of their new chapter in life as a public traded company after successfully completing a merger with Novus Capital Corporation. Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor.
Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder. In addition to backing VC funds in the region, the organization aims to make more direct equity investments in startups, adding to the four African companies it invested in last year.
Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking. We asked the 40+ Unsung Heroes of Ecosystem Building which skills they would invest in to become even better at what they do. and abroad between February and September 2020. Denisse Rodriguez.
The team is developing a web-based APP that empowers the development of an effective education for children with disabilities. The company is developing a plug and play device, Smart Horns, for autos that gives drivers alternative, customized sound options. The post WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!
This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the continent’s early- and growth-stage startups, which the company CEO Sundar Pichai announced last October. The fund is part of Google’s plan to invest $1 billion in “tech-led initiatives” over the next five years.
At the September 2021 Board of Director’s meeting, five additional companies were approved to receive an investment from Ben Franklin Technology Partners of Central & Northern PA. Impulse Technology, located in Centre County, has developed a patented, self-aligning prosthetic ankle that enhances mobility and comfort.
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.
In addition to receiving immediate help navigating the tricky process of turning an idea into a feasible business model, upon completing the programme the budding entrepreneurs stand to be connected with local startup hubs and accelerator programmes for follow-on assistance and investment should they require it. Adam Townsend, Bike Matrix.
The $300,000 fund combines capital from both organizations and will invest in and promote business growth and economicdevelopment, exclusively in Erie County. About Ben Franklin Technology Partners.
Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) continues its mission of catalyzing innovation and fostering growth in the technology sector with its recent investments in eight dynamic companies. This innovative approach is set to make significant contributions to cancer research and treatment. Learn more here.
Funds will support investments in early-stage technology companies TRENTON, N.J. July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. NVP III) of up to $6 million under the NJEDA’s Venture Fund Investment Program.
Working capital loans with competitive interest rates and no collateral requirement will support New Jersey small businesses TRENTON, N.J. November 28, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) today announced the opening of the NJ Capital Access Fund.
About Ben Franklin Technology Partners: The largest seed investor in our region, Ben Franklin Technology Partners (an initiative of the PA Department of Community & EconomicDevelopment and funded by the Ben Franklin Technology Development Authority) has been providing investmentcapital, business support services, and operational assistance to (..)
Dozens of emerging entrepreneurs who are developing an innovation related to the maker economy, forest products, outdoors and recreation and even tech manufacturing, visited the site to check out the rules, eligibility, and application process. The post The Finalists in the PA WILDS BIG IDEA Contest Have Been Announced!
OurCrowd First Israeli Company to Partner With the Singapore EconomicDevelopment Board in the Global Innovation Alliance (GIA) Programme. billion in commitments, and deployed capital into more than 347 portfolio companies and 39 funds across five continents. June 27, 2022 09:00 PM Eastern Daylight Time.
Consulting House USA LLC (Troy Bingham) , located in Erie County, developed relocatable kiosks that will sell the LUMI “Better For You” food and beverage brand. IL Fuels LLC (Paul Painter, Aron Lupinsky), located in Centre County, developed technology to recycle water from mining operations.
Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.
Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.
Michael Reed, with Micro Gainz, has developed micro weight plates for barbell lifting. Nicole Sawyers, with Neonatal Loving Kare, has developed a patented, FDA approved neo natal postioning device, Nurture Rest. Gregory Kenning, with Nanomagnetic Electronics, is developing heat integrating sensors. Best of luck to all.
Farmers, witnessing post-harvest loss, also get paid less and miss the opportunity to invest in their crops production. Pan-African focused venture capital firms Samurai Incubate Africa, Future Africa and Consonance Investment Managers led the round. Today, the company is announcing that it has raised $2.7 Then the $1.5
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. She is a Visiting Fellow of Oxford University where she teaches and writes about impact investing, diversity and equity.
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