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House Committee on Financial Services Hearing, Beyond Silicon Valley: Expanding Access to Capital AcrossAmerica On March 25, 2025, Revolutions Chairman and CEO, Steve Case, testified before the Committee during a session examining policy proposals to improve capital access. Watch the hearing and read his full testimony here andbelow.
This infusion of capital will enable the company to scale production, expand its product line, and generate new jobs at its world-class production facility in Ottawa, Ohio. The company designs and manufactures the vehicles, develops the proprietary powertrain technology, and offers fleet management softwareall under one roof.
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 economicgrowth across Oklahoma and beyond. i2E, Inc.,
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. The Administrator will develop and manage a statewide AI Challenge and disburse sub-grant awards to challenge winners.
May 22, 2025) This week, the New Jersey EconomicDevelopment Authority (NJEDA) launched a new digital platform designed to connect entrepreneurs and investors. INC-NJ will make it even easier for emerging company owners to link with potential investors, highlight their developments, and scale their business in New Jersey.
James Burnes: Ministry of Awesome is a startup ecosystem organisation that is on a mission to drive New Zealand’s economicgrowth through founder-led innovation. Over time, the co-working space developed and there was a natural progression towards a lot of individuals starting new ventures coming out of that space.
These hubs, often located in cities or regions with a strong focus on tech development, bringing together startups, investors, academic institutions, and industry leaders to drive growth and create new solutions for the economy of tomorrow.
Overview Forward Cities, a national nonprofit committed to inclusive economicgrowth through entrepreneurship, seeks a strategic consulting partner to co-design and implement a set of field-informed solutions that advance Durhams entrepreneurial ecosystem. who bring demonstrated experience in that particular area.
In a transformative move for Pennsylvania’s economy and innovation ecosystem, Blackstone, the world’s largest alternative asset manager, has announced an unprecedented investment of more than $25 billion to develop and expand digital and energy infrastructure across the Commonwealth.
Overview Forward Cities, a national nonprofit committed to inclusive economicgrowth through entrepreneurship, seeks a strategic consulting partner to co-design and implement a set of field-informed solutions that advance Durham’s entrepreneurial ecosystem.
growth to other developed countries, “It isn’t difficult to be the least dirty shirt in the hamper these days.” As The Economist put it, comparing U.S. Political candidates can give all the stump speeches they want, but ultimately, the prescription is simple (though not easy): Entrepreneurial innovation.
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.
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economicgrowth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City.
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.
Prime Minister Pham Minh Chinh focused on the role of startups and innovation in driving economicgrowth while speaking at the “ TECHFEST – WHISE 2023 ” imprint program in Ho Chi Minh City on November 25. Register Vietnam is intensifying efforts to become an innovation hub in the global startup industry.
By: Pat Gouhin, Chief Executive Officer May 10, 2022 – Seeking to strengthen connection, advocacy and understanding as well as advise those in the SEC and FinHub community, CEO Pat Gouhin was thrilled to represent angel investors and the angel ecosystem at FinHub’s Peer-to-Peer meet-up on capital formation. “It
This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. In Pakistan, digital transformation can unlock up to $59.7
Senators led by Amy Klobuchar introduced the New Business Preservation Act to incentivize venture capital formation around the country. It avoids two well-known traps for government-sponsored venture programs by requiring that public funds are matched with private dollars and that capital is deployed by professional investors.
We are brainstorming a new solution to a widespread challenge in many countries: how to develop a self-sustaining, independent local tech ecosystem. I co-wrote this essay with Prabhat Gusain , currently the Chief of Staff at Caffeinated Capital; formerly an intern with Versatile VC ; and a 2021 MBA from UVA Darden. Examples: .
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.
Empower Girls To Reach Their Full Potential Entrepreneurship is a vital driver of innovation, job creation, and economicgrowth. As an example, only 3 percent of venture capital funding went to all-female-founded startups in 2022.
This investment will support the development of innovative, safer EV charging stations. Advanced Power & Energy is set to change the game by manufacturing charging stations with advanced zinc nickel batteries, ensuring a safer and more economically sustainable solution while alleviating stress on the power grid. Learn more here.
PureLine Putting (Michael Irvin), creators of a revolutionary putting aid for golfers, clinched the runner-up position, walking away with $5,000 to further develop their product. “Their dedication and ingenuity exemplify the vibrant entrepreneurial ecosystem thriving in our community.” cnp.benfranklin.org/techcelerator.
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.
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!
MSMEs are the engine of economies in Africa, and powering existing small businesses and encouraging the formation of new MSMEs helps create the type of economicgrowth and social benefit that carries over to households by creating more opportunity and more jobs,” the company’s CEO and co-founder Manoj Sinha, told TechCrunch.
We delve into fintech developments with the top 10 investment stories that have empowered startups across Southeast Asia to pave the way for a more inclusive and technologically advanced financial future. GFC, Money Forward, Alpine Ventures, Patamar Capital, and nine angel investors also contributed to the funding round.
Prabhat Gusain is currently the chief of staff at Caffeinated Capital and was previously an intern with Versatile VC. We are brainstorming a new solution to a widespread challenge in many countries: How to develop a self-sustaining, independent local tech ecosystem. Prabhat Gusain. Contributor. Share on Twitter. David Teten.
Additionally, weak economicgrowth often leads to failing businesses selling off assets. Regardless of your side hustle, every business idea requires a little startup capital. During recessions, it’s often easier to find that capital for lower interest rates. Sign Up: Receive the StartupNation newsletter!
With the pandemic, climate crisis, global economic shifts and rapidly changing consumer markets, it is clear that many businesses of today will no longer be relevant tomorrow. To generate growth in a startup, it is almost always necessary to raise external capital to run the necessary. Risk and reward. Compliance.
A survey of women from 350 tech startups reinforced this: 72% of women respondents said that they faced difficulty attaining financial capital when they were starting their businesses and nearly 80% of them had to rely on personal funding. Furthermore, women founders receive less than 3% of all VC dollars. against 3.6%).
April 24, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. This fuels the growth for the product-based technology company by increasing the pool of available capital.
Greater Colorado Venture Fund raises $25 million dollar fund, in partnership with Colorado Venture Capital Authority; Funds will be used to galvanize, support and expand rural Colorado founders and entrepreneurs in their business building efforts. ” “The impetus for our work originally at GCVF was the Colorado Venture Capital Authority.
Greater Colorado Venture Fund raises $25 million dollar fund, in partnership with Colorado Venture Capital Authority; Funds will be used to galvanize, support and expand rural Colorado founders and entrepreneurs in their business building efforts. ” “The impetus for our work originally at GCVF was the Colorado Venture Capital Authority.
Rutgers University CUEED, Covenant Business Concepts, and Ideation to Valuation are supporting the NMSDC MBE Center for Accelerated Growth, Innovation, and Resiliency program pillar of contract readiness to help minority business owners scale their businesses. Recruiting, Hiring, and Training Employees.
(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. headquarters.
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.
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
Styn and her team, who also run a popular local restaurant, Room 33, are developing natural, organic alternatives to alcoholic cocktails which will be shelf stable for up to 18 months. Elements Aligned , located in Erie, is developing adjustable panel hangers that create modular interior walls.
By Tony Shipley, Seed the Future Campaign Chair, and Katelynne Staehnke, Director of Development, on behalf of the Angel Investor Foundation. We sincerely appreciate the many contributions our Angel Capital Association (ACA) members, Angel Groups and other donors have made and continue to make to the Seed the Future (STF) Campaign.
February 15, 2024) – To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey EconomicDevelopment Authority (NJEDA) is launching monthly Innovation Programs Office Hours to highlight programs offered by the Authority to stimulate the innovation economy.
July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. NVP III is the third fund for Newark Venture Partners (NVP), a Newark-based early-stage venture capital firm. Funds will support investments in early-stage technology companies TRENTON, N.J.
Ten startup companies located in Central and Northern PA recently received an investment from Ben Franklin that will allow them to further develop and commercialize new products, and software applications, or stabilize operations in a long-standing manufacturing business.
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