Broadband critical for economic development

Innovation 2 Enterprise

According to the Federal Communication Commission’s 2018 broadband deployment chart, Oklahoma is last in our region in broadband development. By Scott Meacham. Copyright © (2019), The Oklahoman. I learn something new practically every day in this job. For example, did you know that Oklahoma has a state meal?

Innovation is key to economic development

Innovation 2 Enterprise

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. OCAST is Oklahoma’s only agency with the sole focus of technology-based economic development. By Scott Meacham. Copyright © 2019, The Oklahoman. Innovate.

Accelerators and economic development: is there a fit?

Carol Lauffer

When designing an accelerator, economic developers face the question: Should access be strictly limited to entrepreneurs residing within our community or region, or be open to anyone regardless of his or her geographic location? Thus, the conundrum for economic developers: should you place geographic restrictions on applicants, or not? Of course, they are venture or investment driven models, not economic development driven.

Protect Land, Create Jobs: Economic Development and Land Conservation

EntreWorks Consulting

I’ve always appreciated these protected lands for their natural beauty, but they’re also an important contributor to new job creation and economic development. But, this research finds that land preservation can often produce better economic outcomes, finding that communities with higher levels of land protection also had higher employment numbers. Protect Land, Create Jobs: Economic Development and Land Conservation.

Entrepreneurial Ecosystem Insights: Insider Tips for Building Relationships with Foundations

Source Link

Read these tips from foundation leaders on how entrepreneurship ecosystem builders can develop relationships with foundations that invest in community economic development.

New EntreWorks Insights Now Available

EntreWorks Consulting

This issue examines the power of place in economic development, and discusses how we can use work spaces,such as our offices, business incubators, and coworking spaces, to help build social capital, build community, and advance the cause of economic development. The latest issue of our e-newsletter, EntreWorks Insight s, is now available.

New Resources from National Partners

Co Starters

The first playbook, Elevating Women in Entrepreneurship, is a 78-page guide that covers community outreach techniques, how to develop a female-supportive network, solutions for work-life balance, how to fix the pipeline to encourage more women investors, and more.

Forward Cities is hiring 2 new positions

Forward Cities

Forward Cities , the largest national network of cities committed to advancing inclusive innovation and economic development, is seeking two dynamic new team members: Fellows Manager. We’re growing our team with 2 new positions!

ESHIP Year Three: From Inspiration to Action

Co Starters

Throughout this entire process, it has been incredibly inspiring to see hundreds of national leaders put so much time, energy, and passion into accelerating the evolution of the economic development field. More than half of our CO.STARTERS national team (8 out of 15!)

Five Years of Transformation

Co Starters

A growing number of regular people care deeply about sharing their passion, knowledge, and expertise with the world through business, but they feel disconnected from existing institutional economic development resources and business support.

Growing a Startup Ecosystem in Louisville, KY

TechStars

Techstars, the worldwide network that helps entrepreneurs succeed, and the Louisville Entrepreneurship Acceleration Partnership (LEAP) together announce the launch of the Techstars Startup Ecosystem Development program in Louisville, Kentucky. Photo courtesy of University of Louisville.

It Takes a Village to Build an Ecosystem

Co Starters

As the ecosystem building approach to economic and community development gains interest and credibility, the title of “ecosystem builder” has emerged to represent a specific type of community leader. By Enoch Elwell, CO.STARTERS Founder & Visionary.

Networks vs. Nodes: Developing New Business Models for the Connected Age

Co Starters

Our team at CO.STARTERS has gradually realized we are not just collaborating with these players as we jointly pioneer a new way of doing economic development. The post Networks vs. Nodes: Developing New Business Models for the Connected Age appeared first on CO.STARTERS®.

Where does Pa. rank for tech-based investments?

Ben Franklin Technology Partners

That’s why Ben Franklin Technology Partners, created more than 35 years ago with broad bipartisan support, has become one of the most widely known and emulated state technology-based economic development programs in the nation. Everyone knows a good thing when they see it.

Techstars and 43North Partner to Grow Entrepreneurial Ecosystem in Buffalo

TechStars

In addition, Techstars announces the formal launch of the Techstars Startup Ecosystem Development program. Techstars is launching with Buffalo as the inaugural city for the Techstars Startup Ecosystem Development Program.

JOIN US AS SIX LOCAL ENTREPRENEURS PITCH FOR UP TO $10,000!

Ben Franklin Technology Partners

Our pitch nights are attended by not only the friends and family of the presenters, but also community partners, local dignitaries, economic development professionals, other startups, and even potential investors.

Putting Microlending into Practice: A Community Case Study

Co Starters

Create Birmingham is a nonprofit economic development agency focused exclusively on creative industries in Birmingham, Alabama. in REVeal Kitchen, a food stall / incubator operated by REV Birmingham, another economic development organization. By Rich Bailey.

Ben Franklin Technology Partners to Appear Before PA Senate Appropriations Committee – 3:00 PM, Wednesday, March 6, live-streamed: [link]

Ben Franklin Technology Partners

That is simply not sustainable to foster the economic growth our Commonwealth needs. In fact, the most recent independent economic analysis shows that every dollar invested by the state into Ben Franklin generates $3.90 Ben Franklin Technology Partners is widely known and emulated as the gold standard in technology based economic development programs in the nation. But now other states are investing heavily in innovation and high-tech economic development.

The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Yet, do you know how many of those investors came through intros made by those who have a strategic economic development interest in fostering the NYC ecosystem? This is exactly the wrong way to think about the economic opportunity presented by innovation.

How to Replicate Amazon’s Success in Rising Cities

Revolution

Here’s why: The HQ2 search process galvanized cities to drive collaboration between universities, economic development groups, civic leaders, and startup ecosystem builders.

Community Colleges as Incubators of Innovation

EntreWorks Consulting

This excellent edited volume is full of insights that are relevant not only to community college staff and partners, but to community and economic development leaders as well. Since it first launched in 2002, I’ve been a member and close partner of the National Association for Community College Entrepreneurship (NACCE).

Improving cluster performance through entrepreneurial support programs

Carol Lauffer

Economic developers create cluster initiatives in order to support the growth of a particular cluster, or clusters. For example, a clean tech-focused accelerator would only accept entrepreneurs and teams developing clean tech innovations into the cohort, and then incorporate industry expertise into the curriculum, in addition to pairing teams with mentors who have experience in the clean tech industry.

Community Spotlight: Wheeling Heritage // Wheeling, Virginia

Co Starters

Wheeling Heritage’s strategy is to preserve the city’s historical heritage by stimulating economic growth and supporting entrepreneurs. . Half a century ago, Wheeling, West Virginia was a hub of entrepreneurship, innovation and manufacturing.

Delegation Sharing Oklahoma’s Good News Bioscience Story at BIO International Convention

Innovation 2 Enterprise

With his focus on the development and commercialization of OMRF’s intellectual properties and technologies, Nair said the Bio International Conference helps him develop relationships with bio-industry collaborators that benefit OMRF’s research capabilities. On Tuesday, members of the Oklahoma bioscience sector met with business leaders, scientists, economic development officers and educators worldwide to discuss opportunities and potential investment and collaboration.

Meet a Community Leader: Greg Monterrosa, Los Angeles, CA

TechStars

Over two years we’ve grown a community of about 150 people at Hub101, and we’re continuing to foster connections that tie early stage startups into economic development and beyond. Who are you? I’m Greg Monterrosa, born and raised in South-Central LA.

EIGHT FINALISTS ANNOUNCED IN BEN FRANKLIN’S BIG IDEA CONTEST!

Ben Franklin Technology Partners

This year’s contest challenged tech-entrepreneurs located in Northwest PA, to develop new “game-changing” products, processes, or techniques in creative spaces. Andrew Stanko with Full Circle Designed has developed a process for using plastic waste in the creation of consumer goods.

Mary Grove on the origins of Google for Startups & Startup Weekend

TechStars

I then spent the next six years as a part of a team called new business development, which was led by Megan Smith, one of Google’s most amazing leaders. If we could help fuel and foster startup communities, that would build a platform for true economic development locally and globally.

STEM funding boosts state’s economy

Innovation 2 Enterprise

We are a state that seems ready to seize the moment and leverage the quality of life and business-friendly advantages here to add innovation and technology-based economic development to Oklahoma’s list of “greats.”. At this moment, if we want to seize the opportunity, we need to invest in these activities that advance the application of our state’s research and development to local companies that create high paying jobs. By Scott Meacham. Copyright © 2019, The Oklahoman.

Rebecca Lovell on career ‘nudges,’ karaoke, & how to be an ally

TechStars

Currently Director at Create 33, a resource center for tech entrepreneurs, Rebecca teaches entrepreneurship at the University of Washington and has held a number of roles in Seattle city government, from Startup Advocate to Acting Director of the Office of Economic Development. .

Cities Building Community Wealth

Surdna Foundation

This situation is created in part by the practices of traditional economic development. Can we create an economic system—beginning at the local level—that builds the wealth and prosperity of everyone. In cities across the nation, a few enjoy rising affluence while many struggle to get by. Current trends threaten to worsen, unless we can answer the design challenge before us.

Second Stage Companies: What’s All the Buzz About?

Carol Lauffer

Directing economic development efforts at second stage companies can have a tremendous impact on the growth of these companies and the economic benefits to a community. One of the more comprehensive and successful programs is called economic gardening. Economic gardening programs can be found all over the U.S. You can find more success stories at the National Center for Economic Gardening website: economicgardening.org.).

What makes a successful and inclusive entrepreneurial ecosystem? (Part 2)

Forward Cities

Identify and develop better metrics and methods for ecosystem building. Economic Development Quarterly, 32(2), 119-134. Reflections on measurement and definitions for evaluation – Part 2. By Stacey Williams , PhD, MPH – Director of Evaluation, Forward Cities.

Access is critical for women entrepreneurs

Carol Lauffer

How can economic developers help women entrepreneurs to gain access to equity capital that will help their firms to grow, create jobs, and generate wealth in the community? Accelerators and incubators provide a proven process for coaching entrepreneurs through business model generation, market research, product development, and funding. Access is the biggest barrier to the success of women-led growth companies. One particular challenge is access to equity capital.

Choosing the right cluster to target

Carol Lauffer

Your stakeholders—including economic development and public officials, the business community, and residents–must be willing to rally around the selected clusters. Finally, as economic developers, it is important to choose clusters that would be impactful. As simple as it seems, cluster strategies start with selecting the right cluster.

Ben Franklin Grew Pa.’s Economy by $4.1 Billion, Created 11,407 Jobs from 2012 to 2016: Challenges remain because of state funding shortfalls

Ben Franklin Technology Partners

9, 2019) — With a focus on startups and innovation, Ben Franklin Technology Partners (BFTP) remains a powerful job creation and high-tech economic development engine for Pennsylvania, according to the latest independent economic analysis of the organization. The clients in these industries are innovative and technology-intensive, investing in research and development, intellectual property, capital equipment, and highly skilled labor. STATE COLLEGE, Pa.

TWO SOMERSET ENTREPRENEURS WON $5,000 IN PITCH COMPETITION!

Ben Franklin Technology Partners

The graduation pitch events are attended by not only the friends and families of the presenters – but also community partners, local dignitaries, economic development professionals, other startups, and potential investors. SOMERSET, PA – For the past two months, several tech-entrepreneurs have been participating in a business startup accelerator program, the Tech Celerator @Somerset.

What is the value of a Startup Weekend? (Hint: It’s not starting businesses.)

Carol Lauffer

and globally—during which groups of developers, business managers, startup enthusiasts, marketing gurus, graphic artists and more pitch ideas for new startup companies, form teams around those ideas, and work to develop a working prototype, demo, or presentation by Sunday evening. I have spoken with economic developers who point to businesses that have started through Startup Weekends in their communities.

Helping entrepreneurs to commercialize technology

Carol Lauffer

In an incubator programs, the process is individualized, with a plan developed for each client tailored to its individual needs. Both universities operating incubators or accelerators aimed at enhancing commercialization of university IP, and economic development organizations assisting with business startup and growth, and generating economic impact, can put strong processes in place to help their clients to successfully and more rapidly get their products to market

The importance of “Grow Your Own” (Part One)

Carol Lauffer

Grow Your Own is an umbrella term for economic development models that use entrepreneurship and small business development as the tool to create economic growth. Grow Your Own focuses on local strengths, small businesses and entrepreneurs in one’s own community–instead of spending resources to attract companies from outside–as a way to foster economic growth.

 GrowOK workshop comes to Durant & McAlester on July 18-19

Innovation 2 Enterprise

Economic Development Administration (EDA). July 10, 2019. i2E, Inc. and the Choctaw Nation provide intensive, one-day business assessment class to help small businesses validate concepts, expand market, capture new revenues. Contact: Darcy Wilborn, (405) 813-2424. contact@growok.org. GrowOK, a free one-day venture assessment workshop designed to help rural and tribal entrepreneurs understand the markets they serve, is coming to Durant and McAlester on July 18-19.

Targeting early stage companies with the right entrepreneurial support model (to create and grow successful businesses)

Carol Lauffer

By understanding the needs of entrepreneurs and companies at different stages of the company life cycle, ecosystem builders, economic developers, and others seeking to assist with company startup can determine the right entrepreneurial support model (typically, accelerator or incubator) to create and launch. In practice, I split early stage into two stages of the life cycle: (1) development, and (2) startup.

NEW LIFESTYLE APP DEVELOPED BY RECENT GRADS IS CREATING BUZZ AROUND TOWN

Ben Franklin Technology Partners

About Ben Franklin Technology Partners: The largest early-stage investor in the state, Ben Franklin Technology Partners/CNP, (an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority) provides funding, operational assistance, and business support services to emerging tech-based companies and small manufacturers for the purpose of creating and retaining jobs in Pennsylvania.

Oklahoma’s bioscience prowess busy making a difference worldwide

Innovation 2 Enterprise

” The chamber and OKBio delegates are working together to change any misconceptions by those unfamiliar with Oklahoma’s growing economic diversity and progress. He said bioscience is another growing economic segment that demonstrates the state employs much more than just blue-collar workers or is focused strictly on gas and oil production. “The company has been intimately involved since its early days in drug research and drug development,” Barish said.