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.
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. She shared an experience she had with this in Buffalo. “We
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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., Thank you!
[OurCrowd in Crowdfund Insider] OurCrowd partners with Singapore Economic Development Board
OurCrowd
JUNE 20, 2022
OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. Read more here.
Innovation is key to economic development
Innovation 2 Enterprise
APRIL 2, 2019
Driving innovation through collaboration to create jobs is the entire reason for being of the public-private consortium of the Oklahoma Center for the Advancement of Science and Technology (OCAST), the Oklahoma Manufacturing Alliance (OMA), the Oklahoma State University New Product Development Center (NPDC) and i2E.
Broadband critical for economic development
Innovation 2 Enterprise
MARCH 13, 2019
The availability of broadband depends on whether a subscriber is in a populated or rural area, on carrier’s pricing and on how carriers prioritize their investment in expanding broadband infrastructure. According to the Federal Communication Commission’s 2018 broadband deployment chart, Oklahoma is last in our region in broadband development.
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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Greenville Startup, Advanced Power & Energy, Receives Game-Changing $500,000 Investment to Pave the Way for Safer EV Charging Stations
Ben Franklin Technology Partners
OCTOBER 23, 2023
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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Bain & Company Acquires Startup Development Studio Rainmaking APAC
AsiaTechDaily
JULY 7, 2023
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 Economic Development Board.
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Ben Franklin Investments Pay Huge Dividends for Pa.
Ben Franklin Technology Partners
APRIL 26, 2022
Ben Franklin’s investments paid huge dividends for the commonwealth as the state continued to rebound from the pandemic, according to the statewide initiative’s “2021 Annual Statewide Impact Report,” with clients generating more than $2 billion in revenue and securing $917 million in post-Ben Franklin financing.
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Making Northcentral PA the Global Center for Advanced Pressed Materials
Ben Franklin Technology Partners
NOVEMBER 20, 2023
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.
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.croptix.solutions. www.phoenixsintered.com.
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Why international DFIs are looking to African startups to scale impact investing efforts
TechCrunch
JANUARY 20, 2023
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.
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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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SBA Announces Community Navigator Model and Funding Opportunity
Source Link
MARCH 29, 2021
To develop sustainable hub-and-spoke models of entrepreneurship-led economic development, lead agencies need to go further than identifying trusted ambassadors in their communities. The course is available to economic developers in the field who frequently find themselves perfectly positioned to spearhead efforts like this.
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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.gigandtake.com.
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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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Latest Update on the SBA Community Navigator Funding Opportunity
Source Link
JUNE 8, 2021
This federal shift in investment and policy represents a tremendous opportunity for economic developers, community champions and grassroots ecosystem organizers who want to transform their local economies as their community recovers from the devastating economic impact of COVID-19. Interested in getting more information?
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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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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. Visit www.ohanalink.tech. www.reflexion.co. www.xactmetal.com. www.cnp.benfranklin.org.
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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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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers
American Entrepreneurship
NOVEMBER 21, 2023
(November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.
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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. TLA Innovation, Inc.
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Investing In Distressed Communities. Opportunity Zones
Smart Hustle Magazine
JUNE 30, 2020
Partnerships help bring long-term sustainability including economic development, entrepreneurship, safe neighborhoods, expanded workforce, and education. So the spirit of this initiative is economic development as well as community development & social impact. The post Investing In Distressed Communities.
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Battery investment moves onshore to kick-start US EV production
TechCrunch
AUGUST 14, 2022
Car companies and suppliers such as LG Energy, SK Innovation, Panasonic and Samsung are investing more than $38 billion through 2026 to boost battery production in the U.S., according to AlixPartners.
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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. Women entrepreneurs find success despite lack of access to investment capital. 3 Ways to Empower Your Entrepreneurial Community.
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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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. Entrepreneurial development in rural areas is needed now more than ever.
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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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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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Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems
TechCrunch
AUGUST 16, 2022
This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the continent’s early- and growth-stage startups, which the company CEO Sundar Pichai announced last October. The fund is part of Google’s plan to invest $1 billion in “tech-led initiatives” over the next five years.
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Professional development for tomorrow’s ecosystem builders
Ecosystem Builder Hub
SEPTEMBER 25, 2020
Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking. We asked the 40+ Unsung Heroes of Ecosystem Building which skills they would invest in to become even better at what they do. and abroad between February and September 2020. Denisse Rodriguez.
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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.
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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Empire AI
A VC: Musings of a VC in NYC
JANUARY 9, 2024
Empire AI will be a “state-of-the-art artificial intelligence computing center in Upstate New York to be used by New York’s leading institutions to promote responsible research and development, create jobs, and unlock AI opportunities focused on public good.” This is important.
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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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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Two Local Erie Startups win Ben Franklin’s TechCelerator Business Bootcamp
Ben Franklin Technology Partners
MARCH 21, 2024
PureLine Putting (Michael Irvin), creators of a revolutionary putting aid for golfers, clinched the runner-up position, walking away with $5,000 to further develop their product. Since February 2008, ECGRA has invested more than $55 million in Erie County turning gaming revenue into transformative investments in Erie County, PA.
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.
31 Tech Hubs designated by EDA in Biden-Harris Administration
American Entrepreneurship
OCTOBER 25, 2023
Department of Commerce’s Economic Development Administration (EDA) announced a major implementation of that legislation with the designation of 31 Tech Hubs in regions across the country—that will receive direct investments to make them into globally competitive innovation centers.
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.
BEN FRANKLIN TECHNOLOGY PARTNERS & THE ERIE COMMUNITY FOUNDATION (ECF) CREATE $300,000 LOCAL FUNDING OPPORTUNITY.
Ben Franklin Technology Partners
MAY 5, 2022
The $300,000 fund combines capital from both organizations and will invest in and promote business growth and economic development, exclusively in Erie County. Ben Franklin Technology Partners, an award-winning technology based economic development program, is among the most widely known and emulated initiatives in the nation.
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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 Binghamton region is internationally recognized for its expertise in energy storage. The program will begin April 14, 2024.
Entrepreneurship & Small Business Development: On-Line Course (June 18-19)
EntreWorks Consulting
JUNE 3, 2020
I’ve developed something of a tongue-in-cheek “formula” for what communities should consider doing to help spur recovery after the pandemic: T + I + E + BRE = R. If you want to learn more about the E in this recovery equation, you may be interested in an upcoming training opportunity from the International Economic Development Council.
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