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NJEDA Establishes Diversity Finance Advisory Board

American Entrepreneurship

(September 21, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the establishment of the Diversity Finance Advisory Board (DFAB) which will work to increase access to institutional capital for women- and minority-owned startups.

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Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

AsiaTechDaily

In 2023, the industry attracted substantial investments, with strong financial inclusion and blockchain technology gaining acceptance in some countries. This investment came from a consortium of regional investors, including Northstar Group, Alpine Ventures, Patamar Capital, and January Capital.

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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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Continued investment needed for economic growth

Innovation 2 Enterprise

In today’s world, a state’s economic growth demands investment in innovation and high-tech industries — especially for a natural resource-rich state like ours that must leverage our existing resource base to diversify our economy for the future. By Scott Meacham. Copyright © 2019, The Oklahoman.

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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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IFC leads $17M investment in South African insurtech Naked

TechCrunch

Naked , a South African insurtech company that helps consumers to insure their cars, homes, and valuables, has raised $17 million in Series B funding led by the International Finance Corporation (IFC). The round welcomed participation from the German Development Finance Institution (DEG), and earlier investors, Yellowwoods and Hollard.

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Why Governments Should Invest in Their Diaspora Founders

David Teten VC

We are brainstorming a new solution to a widespread challenge in many countries: how to develop a self-sustaining, independent local tech ecosystem. have created or supported funds to invest in local VC managers. Schiff Professor of Investment Banking at Harvard Business School. . all bear the marks of government investment.

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