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In 2017, we shared 3 ways to empower your entrepreneurial community. Racial wealth disparity is a major barrier to thriving communities and economic growth. Consider how you can partner with trusted organizations in your community to reach underrepresented groups who need customized support. Make your ecosystem inclusive.
“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. Identify Potential Allies.
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.
In fact, many communities start with just one area of focus and develop their program over time to realize economic impact. In 2018, the state of Nebraska released Blueprint Nebraska, a strategic plan aimed at identifying the state’s core economicdevelopment challenges to create pioneering solutions.
Establishing a network: Language barriers, cultural differences, and a disorganized startup ecosystem can make networking in Vietnam seem impossible. These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economicdevelopment. Register now!
Maybe you envision your local coffee shop owner who wants to create space for community members to connect over a good cup of joe. As Forward Cities journeys with communities to develop equitable entrepreneurial ecosystems, one thing we are learning is that our collective imagination around entrepreneurship will have to expand.
Patch will take empty local high street shops and turn them into “collaborative cultural spaces” with its “Work Near Home” proposition aimed at traditional commuters. Now, a new U.K. startup has come top with a “decentralized workspace” idea which it plans to roll out across the U.K. Grays Yard.
I’ve been involved in workforce and economicdevelopment in Wyoming for the last 10 years, from helping disabled veterans find good jobs to helping small business owners around the state start or grow their enterprise. It’s like pulling teeth gettting people to adopt a new systems-thinking approach to economicdevelopment.
.” 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.
Because Startup302 aims to foster diverse perspectives, promote inclusive and equitable consideration and attract diverse communities of founders to the region, participants aren’t required to be located in Delaware. What an exciting day!
December 19, 2023) – Last week, the N ew Jersey EconomicDevelopment Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.) They also serve to foster arts and cultural activities, which drive dynamic, thriving communities. $10M A.R.T.
(March 5, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.
As an emerging field that is challenging the status quo of entrepreneurship in economicdevelopment, ecosystem builders are bound to run into obstacles along the way which – if repeated and consistent – make us want to pull our hair out. Lack of diversity especially when it comes to immigrant and refugee communities.
The essence of an entrepreneurial ecosystem is its people and the culture of trust and collaboration that allows them to interact successfully. Other organizations are better suited to convene events where entrepreneurs gather to provide informal peer support to one another and connect to role models in their industry. 2019) [link].
Rural development hubs are a new concept meant to describe new types of organizations and networks focused on rural community building in a holistic way that embraces traditional economicdevelopment, local institution building, and a focus on enhancing all forms of local wealth (cultural, social, natural, etc.).
Sadness for the loss of a bright young New Zealander who had so much going for him, for the terrible loss for Jake’s mother and his whanau and friends, and for the loss of an up and coming innovator and entrepreneur to our business community. It also made me angry. Corporate sponsored business idea competitions and accelerators abound.
ERIE, PA – At a networking event held in Ben Franklin’s office in Knowledge Park on May 9, 2019, the finalists in Ben Franklin’s StARTup Contest were announced. This year’s contest challenged tech-entrepreneurs located in Northwest PA, to develop new “game-changing” products, processes, or techniques in creative spaces.
The Czech Republic may be better known for beer, hockey and the sights of Prague, but its entrepreneurial community is as ambitious as any. Patrik Juránek from Startup Disrupt community. These challenges are still, to an extent, worries to our portfolio companies, as the economicdevelopment is still uncertain.
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