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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.

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Making Northcentral PA the Global Center for Advanced Pressed Materials

Ben Franklin Technology Partners

In an era of technological advancement and economic transformation, Northcentral Pennsylvania finds itself at the forefront of a remarkable development. With only 29 Strategic Development Grants awarded across the entire United States, this achievement is a testament to the dedication and vision of the region’s stakeholders.

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NJEDA Board Approves Investment of up to $6M into Newark Venture Partners

American Entrepreneurship

Funds will support investments in early-stage technology companies TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. NVP III) of up to $6 million under the NJEDA’s Venture Fund Investment Program.

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NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Clothing Distributor

American Entrepreneurship

Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.

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Greenville Startup, Advanced Power & Energy, Receives Game-Changing $500,000 Investment to Pave the Way for Safer EV Charging Stations

Ben Franklin Technology Partners

A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology Partners of Central & Northern Pennsylvania.

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NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Tech Platform

American Entrepreneurship

Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.

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Why international DFIs are looking to African startups to scale impact investing efforts

TechCrunch

Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder. In addition to backing VC funds in the region, the organization aims to make more direct equity investments in startups, adding to the four African companies it invested in last year.