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“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economicgrowth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. Identify Potential Allies.
Racial wealth disparity is a major barrier to thriving communities and economicgrowth. However, it’s important to consider what barriers entrepreneurs of color face that may keep them from being able to benefit from investment and support resources. Living Cities’ Cities and Businesses of Color: A Guide to EconomicGrowth.
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. Starting and growing a business can prove to be a daunting endeavor within any market.
A successful entrepreneur, businessman and EO Bahrain member, Suhail Algosaibi had long thought about how he could use his position and his company—FALAK Consulting—to make real, radical and sustainable change in his corner of the world. After much thought, it came to him: the difference was in how they think! An Unreasonable Idea.
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.
However, despite the marked increase in women’s engagement in entrepreneurial activity, there are still far more male than female entrepreneurs in most countries, and there is also a need for greater support and funding for women looking to start and scale their businesses.
r Titled “ Bey ond Connectivity: The Role of Broadband in Rural EconomicGrowth and Resilience” , the research study compared economic data from three types of rural communities: 1. This contrasts with comparable underserved communities that experience little to no economicgrowth or benefit.
While it might be tempting to jump right in, it’s important to take the time to evaluate successful outcomes and develop a strategy to achieve your goals. Responding to external events and changes that impact your community requires ongoing adjustments to effect lasting and meaningful economic change. Evolve with your ecosystem.
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.,
Under Governor Phil Murphys leadership, New Jerseys startup companies are developing important technologies that exemplify the states position as a national leader in innovation, said New Jersey EconomicDevelopment Authority (NJEDA) Chief Executive Officer Tim Sullivan.
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.
Dozens of emerging entrepreneurs who are developing an innovation related to the maker economy, forest products, outdoors and recreation and even tech manufacturing, visited the site to check out the rules, eligibility, and application process. Nearly 40 submitted an application by the contest’s deadline on April 18, 2022.
Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economicgrowth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.
Who do you picture when you hear the word “entrepreneur?” In wholly unique ways, these places offered our participants an opportunity to see dynamic practices being applied to create opportunities for aspiring and beginning entrepreneurs. . By Brandon Hudson, Director of Membership and Brett Brenton, Director of Readiness Assessments.
The program is meticulously crafted to address the specific needs of underserved businesses, fostering an environment where they can thrive and grow and in return increase their market share position while accelerating their potential to become a high-growth, scalable MBE/SEDI entrepreneur. Pitching for Success and Growth.
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. NJ FAST will create new and exciting business ventures for entrepreneurs in Hudson County, New Jersey, and the region.
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. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J.
March 5, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.
That is simply not sustainable to foster the economicgrowth our Commonwealth needs. Ben Franklin surrounds entrepreneurs and established manufacturers with experts in accounting, finance, marketing, supply chain management, intellectual property protection, product and process improvements, and countless other disciplines.
Tom Wolf today announced that his proposed 2020-21 General Fund budget will include a $5 million increase for the Ben Franklin Technology Development 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.
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.
July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the State’s principal agency for driving economicgrowth.
(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.
June 19, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) and AfroTech have partnered to host AfroTech Executive 2024 in Newark during this year’s North to Shore Festival. Award-winning host, social justice advocate, lawyer, commentator, and entrepreneur Angela Rye will serve at the keynote speaker.
September 21, 2023) – The New Jersey EconomicDevelopment 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.
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.
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey EconomicDevelopment Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program. million in bonus grant funding.
NJ Entrepreneur Support Program provides guarantees to support investments into Garden State companies TRENTON, N.J. The NJ Entrepreneur Support Program provides investors with a one-year guarantee of up to 80 percent on a convertible note or bridge loan to a qualifying company.
October 2, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 The two highlight New Jersey entrepreneurs with a proven record of successful business growth in the state.
American Precast Industries , located in Clarion, is focused on innovative, cost effective products to meet the economic pressures from COVID-19 while stimulating regional economicgrowth. Elements Aligned , located in Erie, is developing adjustable panel hangers that create modular interior walls.
As angel investors, we play a critical role in leading economicdevelopment through our unrelenting support of the entrepreneurial community and ongoing strengthening of angel investing. Entrepreneurs are the engine to economicgrowth and Angels are the fuel for that engine.
As angel investors, we play a critical role in leading economicdevelopment through our unrelenting support of the entrepreneurial community and ongoing strengthening of angel investing. Entrepreneurs are the engine to economicgrowth and Angels are the fuel for that engine.
The Dan River Region Entrepreneur Ecosystem (DRREE) has done exactly that, inadvertently creating a case study for the next phase of ecosystem development (read the Dan River Region Case Study ). Additionally, they committed to a major focus on the diversity of the local entrepreneurs and small businesses they are serving.
May 22, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board made several key program and policy approvals during its May meeting, including its first awards of residential projects under the Aspire Program, additional funding for the Authority’s child care programming, and record-breaking investments in venture capital.
Investments made by individual angels and angel groups continued to “fuel the tank” for entrepreneurs and kept investment pipelines flowing for venture capitalists. Fostering these entrepreneurs and the economies they impact is a direct result of ACA’s mission to fuel the success of the angel investor community.
(November 13, 2023) —The New Jersey EconomicDevelopment Authority (NJEDA) announced today that the application for Phase II of its Cannabis Equity Grant Program will open on November 30, 2023, at 10:00 a.m. The Seed Equity Grant will allocate a total of up to $8 million in funding for 48 entrepreneurs.
As an emerging field that is challenging the status quo of entrepreneurship in economicdevelopment, ecosystem builders are bound to run into obstacles along the way which – if repeated and consistent – make us want to pull our hair out. and abroad between February and September 2020. Clark Rinehart. We’re better together.
Angels are nimble, identifying and supporting entrepreneurs with desperately needed new technologies and innovations. Angels empower growth and solutions, right here, right now – we can exponentially grow economies at a local and regional level. More than ever, we need innovation. We need ingenuity. We need angels.
Building Startup Communities is the Way to EconomicGrowth and Recovery. And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses. It’s time for a radical rethink in how we do economicdevelopment.
. “From the invention of the semiconductor to the creation of the Internet, new engines of economicgrowth have emerged due to public investments that support research, commercialization, and strong supply chains,” the White House wrote. Wander is one-such service providing high speed wireless internet in Los Angeles.
Strategic Innovation Center will support the growth of local biotech companies and promote regional scientific and biomedical innovation TRENTON, N.J. Having a physical location where entrepreneurs can collaborate will help support new, diverse innovators and help drive long-term economicgrowth.
NJ Nokia Bell Labs Innovation Center and Bell Labs Venture Studio will support research and development of cutting-edge technologies and bolster NJs innovation economy TRENTON, N.J. Through this partnership, we are driving economicgrowth and creating opportunities for local scholars, entrepreneurs, and businesses to prosper.
The roundtable, which was hosted by the New Jersey EconomicDevelopment Authority (NJEDA) as part of its Black History Month celebration, centered around the entrepreneurs experience as Black business owners in the state and how New Jersey can continue providing resources to uplift Black-owned businesses.
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