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3 new ways to empower your entrepreneurial community

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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.

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Raising Awareness about Entrepreneurship as an Economic Development Strategy

Ecosystem Builder Hub

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.

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How to engage resource partners: continuing the conversation

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During our March Quarterly Conversation, affiliates discussed the challenges moving from individual entrepreneur support organizations to a collaborative, community-based model. According to Tiffany Nixon from NetWork Kansas , engagement should start at the local level. Addressing affiliate questions.

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Measuring Data and Creating Impactful Economic Reports

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Data captured from the small businesses supported by SourceLink® affiliate organizations provides valuable information for our network to report to their community stakeholders. Jahannie’s found success with mapping data from Colmena’s SourceLink CRM, surveys, webinars and events, social media, and email marketing.

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Scamnetic’s $13M Series A to Scale AI-Powered Scam Detection

American Entrepreneurship

Its core product suite includes: Scan&Score : Scans all incoming communicationemails, texts, social media DMs, messaging apps, QR codes, and even imagesfor scam indicators in real-time. This synergy has allowed Scamnetic to scale quickly while remaining grounded in a community-oriented mission.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

When my friend and the father of LA’s tech startup community Bill Gross first demonstrated his company GoTo.com (renamed Overture) on stage at a TED conference he was actually booed (True story. He built & IPOd Demand Media. You can hear many other amazing stories in this 1:1 interview ). for $565 million to Excite.

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Strategies to sustain your entrepreneurial ecosystem

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We are experiencing unprecedented opportunities for communities to evaluate how best to respond to short-term needs while building resilient solutions for long-term success. While it might be tempting to jump right in, it’s important to take the time to evaluate successful outcomes and develop a strategy to achieve your goals.