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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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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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New Startup Accelerator for Battery Innovation Accepting Applications

American Entrepreneurship

Mostly remote six-month program leverages New York-based Federally Designated Battery Tech Hub The National Science Foundation as part of its mission to spur innovation across the U.S. Part of this initiative was used to open the new accelerator ChargeUp in upstate New York , focusing on battery innovations. awarded a $4.5

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Innovation is key to economic development

Innovation 2 Enterprise

Innovation stimulates entrepreneurship. The more successful the new companies are in top-line revenue, bottom-line profitability and gross margins, the more taxes paid and the more potential dollars that the state can plow back into research and development, thus perpetuating the cycle of innovation and job creation.

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NJEDA Angel Tax Credit Approvals Drive over $63 Million in Private Sector Investment into New Jersey Companies in 2023

American Entrepreneurship

207 Applications Approved for over $8 Million in Tax Credits to Support Investment in 28 Companies TRENTON, N.J. October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2

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Battery investment moves onshore to kick-start US EV production

TechCrunch

Car companies and suppliers such as LG Energy, SK Innovation, Panasonic and Samsung are investing more than $38 billion through 2026 to boost battery production in the U.S., Automakers and suppliers are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade.

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31 Tech Hubs designated by EDA in Biden-Harris Administration

American Entrepreneurship

Each identified regional centers are primed for technological innovation and job creation The Biden-Harris administration has put great focus on U.S. investment in the “industries of the future”. competitiveness as seen through the bipartisan passed CHIPS and Science Act. competitiveness, and protect national security”.