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Ive been grateful to see that support firsthand throughout my careerwhether through the passage of the JOBS Act , the creation of Opportunity Zones , or, most recently, the Regional Technology and Innovation Hubs (Tech Hubs) initiative. But they can only fully develop that culture if they have the capital needed to scale.
At a time when America needs to prioritize domestic manufacturing and sustainability, Endera is leading by examplecreating jobs, driving economicgrowth, and providing cost-effective solutions all while advancing American ingenuity. But Enderas commitment to innovation goes beyond just the buses themselves.
a nonprofit dedicated to fostering the growth of startups and entrepreneurs in Oklahoma, is proud to announce surpassing the $100 million mark in total investments. This achievement highlights their continued commitment to driving innovation and economicgrowth across Oklahoma and beyond. i2E, Inc., Novazyme Pharmaceuticals Inc.
The companys collaboration with the New Jersey EconomicDevelopment Agency is a boost to the states program to attract AI companies for its innovation economy. The company also acquired AI platform developer Weights & Biases for $1.7 billion, expanding its capabilities in the AI development lifecycle.
March 18, 2025) Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program. The Administrator will develop and manage a statewide AI Challenge and disburse sub-grant awards to challenge winners.
May 22, 2025) This week, the New Jersey EconomicDevelopment Authority (NJEDA) launched a new digital platform designed to connect entrepreneurs and investors. INC-NJ will make it even easier for emerging company owners to link with potential investors, highlight their developments, and scale their business in New Jersey.
(January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $500,000 in funding to seven New Jersey startups under the Food and Agriculture Research & Development Pilot Seed Grant Program.
Tech hubs are an important part of a states business ecosystem as they foster innovation, collaboration, and entrepreneurship in the technology sector. One of the key factors in the growth and sustainability of tech hubs is access to funding, which is where grants play a vital role in building the American economy.
In a transformative move for Pennsylvania’s economy and innovation ecosystem, Blackstone, the world’s largest alternative asset manager, has announced an unprecedented investment of more than $25 billion to develop and expand digital and energy infrastructure across the Commonwealth.
growth to other developed countries, “It isn’t difficult to be the least dirty shirt in the hamper these days.” As a business lawyer working with startups in technology and digital media every day, I’m fortunate to have a front-row seat as entrepreneurs create value out of thin air.
$43 million invested to foster regional collaboration to support the economicgrowth of communities through innovation Universities, nonprofits, businesses and other organizations across the U.S. The award recipients are a broad range of states and regions that have not fully participated in the technology boom of the past decades.
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. Entrepreneurial development in rural areas is needed now more than ever.
In an era of technological advancement and economic transformation, Northcentral Pennsylvania finds itself at the forefront of a remarkable development. Consortium Assessment: Analyzing consortium member companies to identify research and development strategies and foster innovation, enhancing their competitiveness.
Department of State and several other private sector partners to launch The GIST Network (GIST Net), an interactive online network connecting science and technology entrepreneurs in emerging economies. Technology, innovation, and entrepreneurship are proven engines of economicgrowth, and are paramount to addressing high global unemployment.
The Middle East consists of developing nations and, sadly, we are consumers of innovation and create very little of it ourselves. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says. “I Contributing to Sustainable Development. An Unreasonable Idea.
Prime Minister Pham Minh Chinh focused on the role of startups and innovation in driving economicgrowth while speaking at the “ TECHFEST – WHISE 2023 ” imprint program in Ho Chi Minh City on November 25. Develop breakthrough policies for the rapid application of technology and innovation.
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.
Ten startup companies located in Central and Northern PA recently received an investment from Ben Franklin that will allow them to further develop and commercialize new products, and software applications, or stabilize operations in a long-standing manufacturing business.
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. “Their dedication and ingenuity exemplify the vibrant entrepreneurial ecosystem thriving in our community.” cnp.benfranklin.org/techcelerator.
Empower Girls To Reach Their Full Potential Entrepreneurship is a vital driver of innovation, job creation, and economicgrowth. The industries (primarily retail, education and other service industries) chosen by women are often perceived as being less important to economicdevelopment and growth than high technology and manufacturing.”
In partnership with the PA WILDS Center for Entrepreneurship, and with funding support provided by the Appalachian Regional Commission (ARC), Ben Franklin Technology Partners’ recent innovation competition targeted the counties of Centre, Clarion, Clearfield, and Jefferson. RSVP: [link].
April 24, 2024) – The New Jersey EconomicDevelopment 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. This fuels the growth for the product-based technology company by increasing the pool of available capital.
Meng said technology companies are now beginning to imagine the unimaginable and this will pave the way for the world to become an inclusive and open society where multilateral trade could bring economic prosperity for all.
SEE FULL SCREEN LEADING INNOVATION AND ECONOMIC RESILIENCE IN PA As we reflect on the remarkable journey of the past year, I am filled with pride and gratitude for the ongoing impact that our program has had in driving economicdevelopment and fostering innovation throughout Pennsylvania. EconomicDevelopment Administration.
This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. trillion and create 1.5 million manufacturing jobs in the next 30 years.
OK2StandUP, a cutting-edge healthcare technology startup dedicated to preventing falls among seniors, is thrilled to announce a strategic investment of $150,000 from Ben Franklin Technology Partners of Central and Northern Pennsylvania (CNP). billion annually. billion annually.
The Ben Franklin Technology Partners (Ben Franklin) Pennsylvania statewide network will present before the Pennsylvania Senate Appropriations Committee regarding the proposed 2019-2020 Pennsylvania budget at 3:00 PM on Wednesday, March 6, live-streamed here: [link]. million per year. in additional state taxes.
Tom Wolf today announced that his proposed 2020-21 General Fund budget will include a $5 million increase for the Ben Franklin TechnologyDevelopment 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.
How much small business digital transformation could boost economicgrowth. The study shows that the economies of the US, Canada, Mexico, Brazil, Chile, the UK, Germany, and France could increase by 5.5%, as well as observe a 42% faster growth rate if small business digitalization increased. Widening the digital divide.
We designed our academic program to encourage students to develop a genuine love of learning. By offering personalized educational opportunities for students of varying backgrounds, we’re able to drive home the importance of quality education, as well as character development, physical fitness and technology.”.
MSMEs are the engine of economies in Africa, and powering existing small businesses and encouraging the formation of new MSMEs helps create the type of economicgrowth and social benefit that carries over to households by creating more opportunity and more jobs,” the company’s CEO and co-founder Manoj Sinha, told TechCrunch.
In 2023, the industry attracted substantial investments, with strong financial inclusion and blockchain technology gaining acceptance in some countries. The company invests the infused capital into product development and enhancing Finfra’s engineering, data, and finance teams. VentureTECH SBI and VentureTECH Invest $2.4
Additionally, weak economicgrowth often leads to failing businesses selling off assets. If you need specific materials or technology to start your side hustle, a recession may be the perfect time to get them at a wholesale price. In tough economic times, you can’t be extravagant with spending.
Ben Franklin Technology Partners is pleased to announce that Rebecca Styn with Blind Tiger was awarded the first place prize of $50,000 in this year’s Northwest PA BIG IDEA contest and also the People’s Choice Award of $2,500. Elements Aligned , located in Erie, is developing adjustable panel hangers that create modular interior walls.
Register Pangyo Techno Valley in Seongnam City is a global R&D hub of IT, BT (biotechnology), CT (cultural technology) and NT (nanotechnology), where R (research), P (people), I (information) and T (trade) all come together. These successes stem from region-specific corporate support programs. for companies.
During the meet up, which included representation from the majority of divisions within the SEC, Gouhin was able to talk about the power of angel investors and the role they play in economicgrowth, job creation, entrepreneurship and the connection between angel investment and venture capital dollars.
NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The Strategic Innovation Center (SIC) will serve as a hub for financial technology (fintech) and insurance technology (insuretech) startups.
Center Will Help Accelerate Innovation, Research and Development, and Entrepreneurship in NJ’s Offshore Wind Industry TRENTON, N.J. WHAT: The Wind Innovation Center will help accelerate innovation, research and development, and entrepreneurship in the state’s offshore wind industry. WHERE: The RFEI can be found here.
(May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey EconomicDevelopment 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.
We designed our academic program to encourage students to develop a genuine love of learning. By offering personalized educational opportunities for students of varying backgrounds, we’re able to drive home the importance of quality education, as well as character development, physical fitness and technology.”.
February 15, 2024) – To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey EconomicDevelopment Authority (NJEDA) is launching monthly Innovation Programs Office Hours to highlight programs offered by the Authority to stimulate the innovation economy. “The
July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company. Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J.
July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company. Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J.
With the pandemic, climate crisis, global economic shifts and rapidly changing consumer markets, it is clear that many businesses of today will no longer be relevant tomorrow. In deep tech companies value creation milestones are more likely to be tagged to validating the technology and IP creation.
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