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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. Starting and growing a business can prove to be a daunting endeavor within any market.
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. These resources can help you get started: IEDC’s Playbook for Equitable EconomicDevelopment. Culturally competent consulting service provider ThirdEye Network.
A successful entrepreneur, businessman and EO Bahrain member, Suhail Algosaibi had long thought about how he could use his position and his company—FALAK Consulting—to make real, radical and sustainable change in his corner of the world. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says.
Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) continues its mission of catalyzing innovation and fostering growth in the technology sector with its recent investments in eight dynamic companies. Learn more here.
Governor Shapiro’s 2024-25 budget directs $20 million in investment into the new M ain Street Matters program. These programs build on those offered by Pennsylvania Small Business Development Centers that offer a range of educational business programs and services.
Neodime offers its technologies, specialist engineering design, and consulting services in the rare earth element value chain development. ARC’s mission is to innovate, partner, and invest to build community capacity and strengthen economic growth in Appalachia. appeared first on BFTP/CNP.
Consulting House USA LLC (Troy Bingham) , located in Erie County, developed relocatable kiosks that will sell the LUMI “Better For You” food and beverage brand. IL Fuels LLC (Paul Painter, Aron Lupinsky), located in Centre County, developed technology to recycle water from mining operations.
Register Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. program, a SGD 20 million initiative introduced by the Singapore EconomicDevelopment Board.
Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) continues its mission of catalyzing innovation and fostering growth in the technology sector with its recent investments in eight dynamic companies. Learn more here.
LEARN MORE ABOUT THE TECHCELERATOR About Ben Franklin Technology Partners: Ben Franklin Technology Partners is an initiative of the PA Department of Community & EconomicDevelopment, funded by the Ben Franklin Technology Development Authority. cnp.benfranklin.org/techcelerator.
Paulo is the co-founder of Vale do Dendê (Dende Valley) and AFAR Ventures , a global diversity and inclusion creative and consulting agency that identifies opportunities for multinational brands, corporations and investors in emerging markets. Tara Sabre Collier. Contributor. Over the last five years, Brazil has witnessed a startup boom.
Tom Wolf today announced that his proposed 2020-21 General Fund budget will include a $5 million increase for the Ben Franklin Technology Development Authority (BFTDA), which funds the statewide Ben Franklin Technology Partners initiative, one of the most widely known and emulated state technology-based economicdevelopment programs in the nation.
BoB Profit Partners LLC (Craig Moyer, Raj Trivedi) , located in York County, developed loss prevention technology that uses a sensor to detect when items are left behind in the shopping cart. IL Fuels LLC (Paul Painter, Aron Lupinsky), located in Centre County, developed technology to recycle water from mining operations.
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 EconomicDevelopment Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2
In King Commons, we met a group of guys running a bike repair shop out of a home garage, a woman launching a small restaurant inside of a bodega that was still under development, and community leaders who developed their ability to see potential business opportunities into a community-economicdevelopmentconsulting firm.
(November 21, 2023) – Earlier this year, the New Jersey EconomicDevelopment Authority (NJEDA) launched a new $4 million pilot program that provides free e-commerce and digital marketing consulting services to New Jersey small businesses. million in assistance.
If you’re in Seattle, Boston, or the Bay Area, you’re reaping the benefits of major technology investments. In many ways, this proposal echoes similar efforts such as the EconomicDevelopment Administration’s I6 program or the WIRED program of the 1990s. (As Investing in New Tech Hubs. EntreWorks Blog.
I come to this work from spending over 17 years in Big 4 management consulting leadership roles and my hypothesis is that there is a space for a professional services firm with ecosystem building as it’s core service offering that can help grow the field and deliver on multiple projects across the country, if not the globe.
Their years of experience in business and leadership positions and through working at Startup Junkies Consulting and the Conductor in Arkansas position them as leading experts in the field of ecosystem building. There is no special training required to be a Startup Junkie.
I come from a Big 4 management consultant firm background so I take a professional services approach to the work and that often means engaging in a number of projects in parallel. I am digging in to my Management Consulting roots and trying different ways to brand, propose, and sell ecosystem building work. Goal 7, specifically 7.1
9, 2019) — With a focus on startups and innovation, Ben Franklin Technology Partners (BFTP) remains a powerful job creation and high-tech economicdevelopment engine for Pennsylvania, according to the latest independent economic analysis of the organization. STATE COLLEGE, Pa. billion between 2012 and 2016.
They can raise money for specific projects, but can’t invest in their people or in building up their organizations. Starved for funds, grantees can’t invest in retaining talent, training people, developing new skills, and maintaining an experience base about what works in the field. They fund projects, not organizations.
Communities that invest in T alent, I nfrastructure, E ntrepreneurship, and enhanced B usiness R etention & E xpansion programs will likely have the best potential for economic R ecovery. My co-presenters will be Carol Lauffer of Business Cluster Development LLC and Tom O’Neal of GROW Florida. Hope you can join us. (FYI—I’ll
Nearly every major Silicon Valley venture-capital firm has now invested in a B Corp ; maybe you will be one of them! And of course, effectively all venture capitalists are going to require some equity for their investment. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!
That’s work for academics, not for economicdevelopers! This mindset seems to be changing (thankfully) as more places recognize that good data can lead to better planning for community and economicdevelopment. This is an excellent research tool that can easily be applied to others states and regions.
Our latest edition of EntreWorks Insights examined the power of place, i.e., how community gathering places can help build social capital and promote economicdevelopment. These powerful places can take many forms, including business offices, libraries and coworking spaces, among others.
Our 110 communities are diverse yet they all need an enabling environment of supportive regulatory frameworks, inclusive economicdevelopment initiatives, stronger social and environmental sustainability standards, and a brave impact funding environment.
Some organizations provide direct services such as business management training, legal or financial consulting, or assistance with sales and marketing. EconomicDevelopment Quarterly, 32(2), 119-134. Resources and Suggested Readings. Entrepreneurial Ecosystem Building Playbook Draft 3.0 2019) [link]. 2019) [link].
Among other things, the CRA was originally designed to combat “red-lining” and to encourage more bank investment in distressed communities. (For One primary focus is to clarify what activities and investments count for CRA credit. CRA has been, and will continue to be an important tool in our community development toolbox.
Some interesting pilot projects are underway, thanks to the new AML Reclamation EconomicDevelopment Pilot program and other initiatives, such as the POWER program for coal-reliant regions. (See There’s lots of work to do, but there are also lots of opportunities where strategic investments can have huge impacts.
That’s “angel” as in angel investing, where people invest money early in a new company’s career to help it get off the ground. That gets into Learned’s philosophy about angel investing, with echoes of the teacher he once was and still is. Kevin Learned is on his third career, and he’s not done yet.
The experience of these counties suggests some basic economicdevelopment directions for rural places. Effective strategies should include economic diversification, expanded efforts to spawn new locally-owned small businesses, and investments to improve local housing stock.
Nearly every major Silicon Valley venture-capital firm has now invested in a B Corp ; maybe you will be one of them! And of course, effectively all venture capitalists are going to require some equity for their investment. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!
Erika Lucas , founder of StitchCrew , gave the afternoon keynote “The Majority Economy: Economics of Why We Need to Invest in Diverse Founders.” Other speakers included Don Mell , executive director and site leader for the Delaware Market of J.P. Morgan Chase & Co. ,
In addition to the cash, the winner will receive: three months of free co-working space in Knowledge Park; a one-year pass to seminars offered by Ben Franklin’s eMarketing Learning Center; a free consult on protecting intellectual property from Jonathan D’Silva, the founder of MMI Intellectual Property, and access to SEMrush, a powerful and versatile (..)
The roundtable, which was hosted by the New Jersey EconomicDevelopment Authority (NJEDA) as part of its Black History Month celebration, centered around the entrepreneurs experience as Black business owners in the state and how New Jersey can continue providing resources to uplift Black-owned businesses.
Tax incentives for investors serve as one of our primary tools to incentivize investment in startups and in other types of desirable economicdevelopment activities. An August 2020 National Bureau of Economic Research (NBER) working paper examined the impact of angel investor tax credits, which are now available in 31 US states.
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