Celebrating Economic Development Week 2023
Source Link
MAY 8, 2023
Throughout the course of American history, the meaning and purpose of the phrase ‘economic development’ has changed and evolved.
SBA Announces Community Navigator Model and Funding Opportunity
Source Link
MARCH 29, 2021
In guiding organizations through the process of deploying Community Navigators (we often refer to them as Network Navigators), it’s been our experience this model can be successful in communities of all sizes—whether that’s impacting small towns like Klamath Falls or scaling to statewide initiatives in Kansas , Missouri , Wisconsin and Iowa.
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Latest Update on the SBA Community Navigator Funding Opportunity
Source Link
JUNE 8, 2021
Small Business Administration first released the Notice of Funding Opportunity for the Community Navigator Pilot Program. What does the Community Navigator opportunity mean for my community or my organization? What is the SBA Community Navigator Model? What is the SBA Community Navigator Model?
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Raising Awareness about Entrepreneurship as an Economic Development Strategy
Ecosystem Builder Hub
APRIL 2, 2021
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economic growth.” — Grow Your Own: Entrepreneurship-based Economic Development for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. Identify Potential Allies.
3 new ways to empower your entrepreneurial community
Source Link
MARCH 30, 2022
In 2017, we shared 3 ways to empower your entrepreneurial community. Racial wealth disparity is a major barrier to thriving communities and economic growth. However, it’s important to consider what barriers entrepreneurs of color face that may keep them from being able to benefit from investment and support resources.
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Investing In Distressed Communities. Opportunity Zones
Smart Hustle Magazine
JUNE 30, 2020
Basically, this is the government's response to helping disadvantaged communities, but Scott helps explain to us why we should care and why it's important. From a high level overview, Opportunity Zones are those communities in America that have a lower median income and have a higher poverty rate. Opportunity Zones and What They Are.
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Call for Input: Local Policies to Support Economic Development via Entrepreneurship
Ian Hathaway
APRIL 14, 2020
This is a call for input for a brief survey on local policies or programs to support startup community development. economic development agencies, foundations, chambers of commerce, non-profits). I am particularly interested in policies or programs that: Enhance bottom-up, community-driven solutions (e.g.,
Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda
TechCrunch
DECEMBER 16, 2021
Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. Google sets up $50M fund to invest in African startups. We are focusing on investments where we believe that Google could add value,” the managing director said in October.
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BEN FRANKLIN TECHNOLOGY PARTNERS & THE ERIE COMMUNITY FOUNDATION (ECF) CREATE $300,000 LOCAL FUNDING OPPORTUNITY.
Ben Franklin Technology Partners
MAY 5, 2022
ERIE, PA – Ben Franklin Technology Partners is pleased to announce a partnership with the Erie Community Foundation creating the Hartman Innovation Fund for startup technology and existing small manufacturers in Erie County, PA. About Ben Franklin Technology Partners. appeared first on BFTP/CNP.
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The Glue that Makes a Community Stick
This is going to be BIG.
JULY 14, 2013
Cheaper rents could make it a great place for the creative community and there''s no reason why it shouldn''t become as popular a destination for out of town events the same way that Austin has. What was harder to figure out how to do--and something no one ever really thinks about on the economic development side, is community.
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$1M Bright Bradford Fund Created to Fuel Local Community
Ben Franklin Technology Partners
AUGUST 31, 2022
To serve the growth of different industry sectors in the Bradford community, the Bright Bradford Fund consists of two distinct investment opportunities — the Bright Bradford Innovation Fund (BBIF) and the Bright Bradford Development Fund (BBDF). Ben Franklin is a national leader in tech-based economic development.
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Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses
Source Link
DECEMBER 1, 2021
During my tenure with the local University I worked with economic developers 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. Starting and growing a business can prove to be a daunting endeavor within any market.
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NJEDA Program Helps to Draw Investment Interest into Innovative NJ Startups
American Entrepreneurship
FEBRUARY 6, 2024
NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J. Qualified investors under the program must be independent from the company, and the proposed investment must not mature for at least one year, cannot require payment for at least a year, and must be unsecured.
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COMPANIES RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS
Ben Franklin Technology Partners
MARCH 16, 2022
The largest early-stage investor in the region, Ben Franklin provides investment capital, 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.returnlogic.com. www.cnp.benfranklin.org.
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Today’s Tech Hubs: Labor and Housing Dynamics in the Post-Pandemic Era
Revolution
DECEMBER 20, 2023
While VC dollars still overwhelmingly funnel into places like Silicon Valley, Brookings research shows tech jobs are finally spreading out — movement spurred by the availability of hybrid and remote work, private investment, and federal initiatives.
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Making Northcentral PA the Global Center for Advanced Pressed Materials
Ben Franklin Technology Partners
NOVEMBER 20, 2023
Economic Development Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. This achievement is part of a nationwide initiative by the U.S.
These blogs deserve an encore
Source Link
JANUARY 29, 2022
In our commitment to entrepreneurship-led economic development, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. How to Build an Inclusive Entrepreneurial Community. Women entrepreneurs find success despite lack of access to investment capital.
STARTUPS RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS
Ben Franklin Technology Partners
JANUARY 4, 2022
The largest early-stage investor in the region, Ben Franklin provides investment capital, 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. . For more information: www.reflexion.co.
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NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023
American Entrepreneurship
OCTOBER 2, 2023
207 Applications Approved for over $8 Million in Tax Credits to Support Investment in 28 Companies TRENTON, N.J. October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2
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NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle
American Entrepreneurship
OCTOBER 14, 2023
First Complete Cycle of Investment Under Novel State Program Benefits Newark Provider of HR Gaming Platform TRENTON, N.J. October 12, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF).
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Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark
American Entrepreneurship
MAY 2, 2024
(May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development 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.
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NJ Small and Early-Stage Businesses Bolstered by NJEDA’s approving of Investment Fund Managers
American Entrepreneurship
JUNE 20, 2023
The Federally established State Small Business Credit Initiative support investments into New Jersey companies Through the use of three unique investment strategies funded through the federal State Small Business Credit Initiative (SSBCI), the New Jersey Economic Development Agency (NJEDA) is supporting New Jersey small and early-stage businesses.
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ESHIP Communities Ecosystem Builder: Dan Smith
Forward Cities
JANUARY 13, 2020
More information about the ESHIP Communities program can be found here. My family and community invested so much into me, I have always felt the need to repay the investment. Q: What advice would you give to someone who is wanting to help build greater equity in the entrepreneurial ecosystem/community here in KC?
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The Achilles Heel of Startup Ecosystems
This is going to be BIG.
MARCH 18, 2019
Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Not only that, but for many in the real estate world, their economic upside is already tied to innovation.
How collective data and storytelling can lead to lasting impact for underserved entrepreneurs
Source Link
DECEMBER 7, 2021
We are living in an unprecedented period of economic transformation and this is a chance for us all to be thoughtful about how these newly infused funds will be used to benefit underserved small businesses in our local communities, long-term. The SourceLink?
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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals
American Entrepreneurship
APRIL 16, 2024
(April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.
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NJEDA Awards First $2M under Angel Match Program to Support Early-Stage Technology Companies
American Entrepreneurship
APRIL 25, 2024
$20M program matches investors’ direct investment in product-based companies TRENTON, N.J. 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.
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Ben Franklin Invests in Tech Startups Adversely Affected by COVID-19.
Ben Franklin Technology Partners
JUNE 17, 2020
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.
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NJEDA to Hold Monthly Office Hours Highlighting Innovation Programs
American Entrepreneurship
FEBRUARY 20, 2024
February 15, 2024) – To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey Economic Development Authority (NJEDA) is launching monthly Innovation Programs Office Hours to highlight programs offered by the Authority to stimulate the innovation economy.
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ACA On the Road
Angel Capital Association
MARCH 11, 2024
On February 28 , in Florence, CO, Elaine Bolle , Kevin Kudra , and Katelynne Staehnke were in attendance at the Fremont County Angel Investing Workshop, sponsored the Colorado Office of Economic Development and International Trade ( CO OEDIT ). At this event, Elaine Bolle delivered the Fundamentals of Angel Investing course.
NJEDA to Extend Submission Deadline for the New Jersey Green Fund RFEI
American Entrepreneurship
JANUARY 30, 2024
The New Jersey Economic Development Authority (NJEDA) is extending the deadline of its Request for Expressions of Interest (RFEI) for the planned New Jersey Green Fund (NJGF) indefinitely, until a formal application is launched.
Two Local Erie Startups win Ben Franklin’s TechCelerator Business Bootcamp
Ben Franklin Technology Partners
MARCH 21, 2024
Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economic growth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.
How To Grow Your Economy. Build It, Don’t Buy It!
Ecosystem Builder Hub
NOVEMBER 5, 2020
Building Startup Communities is the Way to Economic Growth and Recovery. All across the country, communities need to jump start and rebuild their economies. And yet, our economic policies espoused by governments and traditional economic development approaches continue to focus on attracting big businesses.
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NJEDA Opens the NJ Capital Access Fund
American Entrepreneurship
NOVEMBER 28, 2023
November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The SSBCI funds, matched with raised private capital, will be used to purchase up to 80 percent of every eligible loan by participating community lenders.
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Ben Franklin Technology Partners Invests in Eight Startup Companies
Ben Franklin Technology Partners
APRIL 3, 2023
Eight startup companies recently received an investment from Ben Franklin Technology Partners of Central and Northern PA, allowing them to further develop a new product, process, or software application. The Ambient Home Hub also provides the ability for residents to share device access, creating a network of support and security.
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Entrepreneurial Ecosystem Insights: Insider Tips for Building Relationships with Foundations
Source Link
JUNE 3, 2019
Read these tips from foundation leaders on how entrepreneurship ecosystem builders can develop relationships with foundations that invest in community economic development.
NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program
American Entrepreneurship
DECEMBER 19, 2023
December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. This revitalization program is a monumental investment into Atlantic City and our shore town communities,” said Senator Vince Polistina (R-Atlantic).
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Creating Jobs and Helping Grow the PA Economy: Ben Franklin Technology Partners Invests in 17 Tech Startups!
Ben Franklin Technology Partners
JULY 24, 2020
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. We Invest in Innovation. www.arbitratorintelligence.com. www.vinoshares.com.
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Finding Founder-Market-Geography Fit
Revolution
NOVEMBER 28, 2023
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.
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New Startup Accelerator for Battery Innovation Accepting Applications
American Entrepreneurship
JANUARY 23, 2024
The cluster was federally designated as a battery innovation Tech Hub by the Economic Development Administration (EDA) in support of New York State’s commitment to pioneer critical energy storage technologies. The methodology leverages university, community, and industrial involvement. The program will begin April 14, 2024.
WJR Business Beat with Jeff Sloan: Rocket Mortgage Classic Helps Bridge the Digital Divide (Episode 251)
StartupNation
JULY 1, 2021
Jeff chats with Laura Grannemann, vice president of strategic investments from the Rocket Community Fund, to learn more. ” – Laura Grannemann, vice president of strategic investments from the Rocket Community Fund. How does a golf event end up helping the broader community? for the WJR Business Beat.
NJEDA Establishes Diversity Finance Advisory Board
American Entrepreneurship
SEPTEMBER 22, 2023
(September 21, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the establishment of the Diversity Finance Advisory Board (DFAB) which will work to increase access to institutional capital for women- and minority-owned startups. This is a positive step towards a more equitable future for New Jersey.”
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Ben Franklin Invests in Local Tech Companies Developing Solutions Related to Impact of COVID-19
Ben Franklin Technology Partners
JUNE 18, 2020
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. www.xactmetal.com. www.cnp.benfranklin.org. www.cnp.benfranklin.org.
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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors
American Entrepreneurship
MARCH 7, 2024
March 5, 2024) – The New Jersey Economic Development 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.
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