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and abroad with entrepreneurship at the forefront, it’s more important than ever to rethink and reboot as one global ecosystem to support a more sustainable and equitable world. Four distinct themes guide activities throughout the week: ecosystems, education, inclusion and policy. As the economy continues to recover in the U.S.
I’ve added some of those insights here while I work on a more comprehensive resource guide to mapping entrepreneurship ecosystems. What is Ecosystem Mapping and Why Do It? Ecosystem mapping can be thought of as the practice of observing, analyzing and visualizing an entrepreneurialecosystem.
While the circumstances of the last 20 months have been challenging, those with an entrepreneurial mindset have adapted to overcome each successive obstacle. Even large companies have begun to recognize the value in thinking entrepreneurially. Expedited innovation. More entrepreneurs, new needs. The future is bright.
One of my favorite thought leaders, Don Macke with the e2 Entrepreneurial Communities , often talks about the fact that entrepreneurial talent is universal, but thriving entrepreneurialecosystems are not. Entrepreneurial development in rural areas is needed now more than ever. Population, though 97% of U.S.
Held at the AT&T Performing Arts Center, the 2025 Good Soil Forum continues to serve as a transformative platform that offers not just ideas, but real tools, capital, and community for entrepreneursespecially those from historically underserved backgrounds. A Star-Studded Lineup with a Purpose In addition to Oprah and T.D.
Angel funding is typically the earliest form of equity funding, and it supports nearly 20 times the number of startups versus other forms of equity funding — each with an increased probability of survival, improved performance, and annual growth of 30% to 50%, on average, based on a study by Harvard and MIT researchers.
This achievement highlights their continued commitment to driving innovation and economic growth across Oklahoma and beyond. These investments, collectively over $100 million, have provided vital early capital to help startups throughout the state to thrive. i2E, Inc., Alkami , Oklahoma’s first unicorn, was valued at $3.1
In the process of finding, funding, and supporting startups that will transform their markets, investors can get caught up in KPIs, ROI, and other three-letter success indicators. How often do we consider those factors in the context of portfolio support? Founders are not machines. I’d argue not enough.
However, despite the marked increase in women’s engagement in entrepreneurial activity, there are still far more male than female entrepreneurs in most countries, and there is also a need for greater support and funding for women looking to start and scale their businesses. However, simply hiring for diversity is not enough.
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.
Inclusive Innovation. Innovation is a hallmark of a vibrant society and is often most visible in the form of entrepreneurship. To level the playing field, it is imperative that leaders take steps to support inclusive innovation. InBIA Panel: “Equity and Inclusion in the Innovation Space”.
I am a professor in entrepreneurship and educate students to this reflection and contribute to the development of an entrepreneurial culture and mindset. I do research on entrepreneurialecosystems to further understand their composition and provide findings that may help build resilient and sustainable ecosystems.
Don Macke – Senior Vice President, e2 EntrepreneurialEcosystems. Nathan Ohle kicked things off by acknowledging that in recent years, the IEDC has broadened its understanding of the importance of small business growth and entrepreneur support and how vital these strategies are to the prosperity of communities of all sizes.
Stories of Reinvigorated Startup Communities True innovation transforms communities. Today, a powerful tide of startup ecosystems is rising in cities across the country, a shift accelerated by the pandemic. I genuinely believe that promoting innovation between the coasts is key to securing America’s economic and social future.
We found one of those exemplary steps in southern Virginia where the Dan River Region Entrepreneur Ecosystem recognized the need for an ecosystem coordinator and rallied their stakeholders to hire the first entrepreneurialecosystem builder for the region. The need for an ecosystem builder.
Mazzucato’s overarching argument is that (a) the state’s role in driving innovation, and therefore economic growth, is much larger than is reflected by market reward mechanisms, and (b) a primary driver behind this lopsided arrangement is the flawed way we value a range of inputs to production.
Cultivating a culture and practice of diversity, equity, and inclusion (DEI) has become a core principle for entrepreneurialecosystem builders. What does it say about us when we don’t allow certain groups of motivated, innovative, and optimistic people access to the resources they need to start up and scale up?
Early-stage venture capital fund Newtopia VC launched Monday with $50 million to invest in tech startups based in Latin America. There are home-grown venture capital firms doing well, too, citing Kazek’s $1 billion funds. Why Latin American venture capital is breaking records this year.
In the heart of the NC Triangle (Raleigh, Durham, Chapel Hill), where ideas take flight, a dynamic entrepreneurialecosystem thrives. Neil Bagchi, founder of Bagchi Law, PLLC, is a leader in this entrepreneurialecosystem. But Bagchi Law goes beyond traditional legal counsel.
Today we are launching the new i2E blog, Stories of Oklahoma Innovation. Each week, we will publish a blog taken from our actual experience working with Oklahoma’s entrepreneurs to build new, innovative technology companies. . Access to capital. . Access to capital. . Expect a real-world view. .
Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. Countries around the world examine Singapore’s ecosystem from a distance, hoping to learn from, and emulate, its story.
. “Their dedication and ingenuity exemplify the vibrant entrepreneurialecosystem thriving in our community.” We extend our sincere appreciation to all the participants of the 2024 Ben Franklin TechCelerator in Erie for their dedication, hard work, and innovative ideas. Premier Manufacturing – d.b.a
Guests include other veteran entrepreneurs, mentors, and experts like attorneys and marketing specialists, including the leader of Verizon’s veteran employee resource group who shared information about Verizon support for small business owners along with his own personal experience as an entrepreneur.
If you’re feeling like your entrepreneurialecosystem engagement has been dormant, you’re not alone. During the pandemic, many ecosystem builders have felt challenged maintaining meaningful engagement with their network. More than $120,000 in startup capital was awarded during business competitions throughout the week.
During my career — spanning entrepreneurship, academia, arts management and venture capital — I’ve learned the importance of female leadership in contributing to successful outcomes. Not only are there few female partners in VC funds, we are also not doing enough to support female founders. Hiring to improve results.
(April 24, 2024) – The New Jersey Economic Development 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.
As the Economic Innovation Group states, “the startup-less recovery revealed one of the glaring failures of the response to the Great Recession.” At Forward Cities we are working with a growing number of communities to foster cross-sector teams committed to strengthening their equitable entrepreneurialecosystems.
This post is part of a series featuring highlights from the Unsung Heroes of Ecosystem Building campaign which shone a spotlight on 40+ entrepreneurialecosystem builders from around the U.S. Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking.
The Angel Capital Association (ACA) Summit represents a beacon for black investors, founders, and high-growth startups. This event, heralded as the industry’s flagship, convenes a diverse community of new and experienced angel investors, business leaders, and entrepreneurial minds to explore critical topics and trends in angel investing.
While the University of Michigan has been formally educating students on entrepreneurship for decades, the region’s entrepreneurialecosystem has notably ramped up in the last ten years and has effectively used its powerful alumni network to amplify its growth.
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey Economic Development Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.
The Startup Community Way: Evolving an EntrepreneurialEcosystem is essential reading for entrepreneurs, community leaders, policymakers, and other key stakeholders looking to entrepreneurship as an engine of innovation and economic growth. Recognize there is more than one type of capital. Think in systems.
Laura González-Estéfani is the founder and CEO of TheVentureCity , an international, operator-led venture acceleration model designed to make the global entrepreneurialecosystem more diverse, international and accessible to fair capital. More posts by this contributor. Reputation effect.
QUT has been a supporter of Startup Catalyst for four years. We could see that there was value in supporting students across the university to participate in this event. Jackson Grant (2017) founded Clevver Cup and is now working as CUA’s Innovation Co-ordinator while finishing his studies. What support do you need?
By: Sarah Dickey, ACA Membership Director Groundbreaking economist, author, investor, and entrepreneur is honored with the Angel Capital Association’s Hans Severiens Award While performing the research that culminated in her book, The Next Wave: Financing and Investing Strategies for Growth-Oriented Women Entrepreneurs , Alicia Robb, Ph.D.,
The Alliance will amplify support for social entrepreneurs during the pandemic by bringing together knowledge, experience and responses to alleviate suffering. We are already invested in helping to build a greener, fair and equal society, supporting social enterprises that are addressing the Sustainable Development Goals.
It is a description for a new entrepreneurialsupport pilot program launching in Franklin County, OH in January of 2020. the capital of Ohio, and one of the most economically segregated cities in the country. We began with the goal to better understand our local entrepreneurialecosystem through this placed-based lens.
There is something happening in Tulsa that everyone in this state who cares about job creation and innovation in Oklahoma needs to know about. Black founders receive roughly 1 percent of all venture capital funding in this country. Black founders receive roughly 1 percent of all venture capital funding in this country.
In fact, winning the Hans Severiens Award at the 2023 ACA Summit of Angel Investing is a validation of his profound efforts to grow and support angel investing nationally through the Angel Capital Association as well as the community in which he works. CB Insights ranked QCA second out of 370 national angel organizations.
Over the last few years, we have been supported by our dedicated volunteer and professional staff to continue to offer better member experience, expanded our professionalized education programs and continued to be the voice for protections and incentives for angel investors in the public policy arena. Identify like-minded investors.
A 2020 report by the International Finance Corporation (IFC) revealed that despite women constituting 30 percent of the region’s entrepreneurs, they receive a mere eight percent of venture capital funding.
Back to top The History of the ACA's Public Policy Efforts The Angel Capital Association was a nascent organization in 2009-2010 when Congress developed the bipartisan Dodd-Frank Act in response to the fallout of the great recession. This letter emphasized how important patents are to startup companies.
This post is part of a series featuring highlights from the Unsung Heroes of Ecosystem Building campaign which shone a spotlight on 40+ entrepreneurialecosystem builders from around the U.S. I wish the small business ecosystem had something equivalent to the angel investor networks that support technology startups.
As entrepreneurship increasingly becomes a cornerstone of this emerging inclusive growth journey, the need for early-stage investment capital increases, demanding support for initiatives towards the access of capital for the ecosystem to thrive. DDA’S 2022 “Investing in Africa ” report. .
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