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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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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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SBA Announces Community Navigator Model and Funding Opportunity

Source Link

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. This is critical to long-term sustainability of these networks. Information is available from the SBA Information Notice (PDF).

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Sustainable Work: ESHIP Goal 7

Ecosystem Builder Hub

Goal 7 Sustainable Work: Develop professional recognition and resources for ecosystem builders. To sustain the work of ecosystem building, we must equip our practitioners for the long haul with a professional job description, training programs, ongoing peer support, and sustainable funding models. Voices from the field.

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Latest Update on the SBA Community Navigator Funding Opportunity

Source Link

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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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.

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NJEDA Approves First NJ Innovation Evergreen Fund Investment to Newark-based 1Huddle

American Entrepreneurship

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).