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Empowering Entrepreneurs From Underserved Communities with GoDaddy

Impact Hub

For the second year in a row, Impact Hub joined forces with GoDaddy for another edition of New Roots, a business startup and mentoring program for entrepreneurs from underserved communities. Despite the differences, the data collected before and after the program shows that great and tangible results were achieved in both locations.

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ACA Receives an NSF Award to Connect Early Stage Capital to Deep Tech Innovations

Angel Capital Association

This project is designed to better educate the early stage investor community on the benefits of Deep Tech investments with the intention of increasing the amount of private capital available for deployment in the Deep Tech sector. Grant activities will focus on the ten technology areas identified in the Chips and Science Act.

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CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

TechCrunch

The company was launched in 2015 by Oluwatomi Ayorinde and Damilola Ayorinde as MobileForms, a data collection agent network. The company said it will use part of the capital to expand its team, geographical operations and marketing to increase its 7,000-strong active agent network three-fold this year.

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How to Get Started Mapping Your Entrepreneurial Ecosystem [Updated]

Ecosystem Builder Hub

The real super power of ecosystem mapping is how the mapping process and the actual map are used by the community as a catalyst to collaboratively strengthen the ecosystem. Most obviously, ecosystem maps can serve as a resource guide for entrepreneurs in the community. There are many benefits to ecosystem mapping.

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Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

Fintech holds the potential to fundamentally transform the financial services industry, enabling financial institutions (FIs) to operate more efficiently and deliver superb user experiences (UX). But there’s a digital gap holding FIs back, especially small community banks and credit unions.

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Packworks makes operations easier for sari-sari stores in the Philippines

TechCrunch

The Pack SuperStore app enables sari-sari owners to process their business’ inventory, bookkeeping and data collection. Packworks started after founders Hubert Yap, Bing Tan and Ibba Bernando took a motorcycle journey to rural communities. It also gives access to financial products and supply ordering at a cheaper price.

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Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

It also says it can compress common AI models by ten times without a noticeable change in accuracy, partly through an “attention mechanism” that enables it to save power and run only what is needed, and partly because it can self-adjust its workload based on environment and operational context. And what of those rivals?