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While it appears the SBA will be applying this approach to the existing SBA-funded national network such as SBDCs, SCORE and Women Business Centers, the announcement indicates a new funding opportunity will soon open for states, tribes, units of local governments and other nonprofit organizations.
Small Business Administration first released the Notice of Funding Opportunity for the Community Navigator Pilot Program. With the July 12 application deadline fast approaching, we wanted to address a few frequently asked questions about the program and funding opportunity. Going beyond the SBA Community Navigator model.
The initiative asks city leaders to commit to an inclusive economicdevelopment policy, program or practice over the course of one year. Our team is excited to work with our partners and communities to bring more cities into the program, and we encourage you to strongly consider joining the network. Committed partnerships.
In 2021, we saw new programs and funding opportunities from the EDA and SBA to rebuild, sustain and grow entrepreneurship. At SourceLink, we continued the entrepreneurial ecosystem building work we’re known for while proactively developing ways to bolster this renewed wave of support. Our network grew in number and impact in 2021.
They’d like to see us continue spotlighting best practices and community success stories in our newsletter and on socials, so please be sure to follow us on Twitter , Facebook and LinkedIn for the latest and greatest from our network! webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment.
Aspiring entrepreneurs and small business owners in Nebraska now have access to a premier network of interconnected support resources that spans the 76,878 square mile state. In fact, many communities start with just one area of focus and develop their program over time to realize economic impact. Start where you are.
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. Talent seeks opportunities, and opportunities can (and must) be created.
Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. The campaign introduces people to the path of entrepreneurship, creates opportunity for collaboration and facilitates access to capital and other resources that are vital to entrepreneurial success.
The affiliates that joined the conversation in March wanted to learn more about engaging with the resource partners in their network, so SourceLink® set aside time in April to continue the conversation and address unanswered questions. According to Tiffany Nixon from NetWork Kansas , engagement should start at the local level.
From navigating complex regulations and securing funding to connecting with and growing a network, entrepreneurs in Vietnam face a unique set of challenges as they build their businesses: Access to capital: Securing funding for a new business can be elusive, particularly for startups.
During the pandemic, many ecosystem builders have felt challenged maintaining meaningful engagement with their network. There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment. Do you know how your network prefers to engage—in person, virtual or hybrid? Survey your resource partners.
The concept of building networks of support, or what has sometimes been referred to as, forging “entrepreneurial ecosystems”, has been a key focus for many advancing the idea that innovation and entrepreneurship will be the future of not just our recovery- but the necessary inclusive pathway for economic advancement and wealth building for all.
They could be seizing upon an opportunity to make their business ownership dream a reality, exploring an idea that creates positive social change, or they may be acting out of necessity because of a change in circumstances such as the loss of a job. Cultivate an inclusive network with culturally competent support.
partners with over 60 different communities across the country to do just that, and we are thrilled to announce that our network has grown this week to Orlando, Florida. Developing a vibrant and rich online and in-person network. SourceLink? Please join us in welcoming BizLink Orange !
expansion partner of Capital Factoryone of the leading startup accelerators and investor networks in TexasSTATION DC brings Capital Factorys resources, mentorship, and investor connections to the D.C. A Robust Network of industry leaders, policymakers, military officials, and investors working across high-impact sectors.
Data captured from the small businesses supported by SourceLink® affiliate organizations provides valuable information for our network to report to their community stakeholders. Our special guest, Mark Werthmann, EconomicDevelopment Representative for Nebraska, Kansas and western Missouri U.S. Update on funding from the EDA.
Here are some additional recommendations for empowering your network in 2022. Racial wealth disparity is a major barrier to thriving communities and economic growth. Creating inclusive entrepreneurial ecosystems can help close the wealth gap , as entrepreneurship offers one of the greatest opportunities for personal wealth building.
Consequently, metros like Nashville, Indianapolis, Salt Lake City, and Phoenix have attracted more transplants from coastal hubs — a shift that helps spur economicdevelopment but also puts pressure on housing costs and public services. Dynamism creates vitality and job opportunities that are key to a city’s success.
At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Rail Network : Atlanta offers access to both Norfolk Southern and CSX Transportation. Plastomics: St.
i2E Receives 2024 Excellence in EconomicDevelopment Bronze Award from the International EconomicDevelopment Council IEDC’s annual Excellence Awards honor the economicdevelopment organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the profession i2E, Inc.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Nicole LaChapelle – Mayor, Easthampton, MA. Don Macke – Senior Vice President, e2 Entrepreneurial Ecosystems. Nicole LaChapelle.
By fostering early exposure and education about entrepreneurship and other career paths, Franc.World is paving the way for an inclusive landscape where everyone has equal opportunities to succeed. — Jenifer Clift, EO Melbourne, Director of Otto Stronger Female Networks Mentoring opportunities are less often afforded to women.
Damaris, a 2017 YLAI Fellow, is working hard to combine her love for her home country of Nicaragua and her love of tourism to give back to those in her country, providing employment and education opportunities across her community. Through tourism, I am giving the opportunity to local kids to dream for a better future,” she says.
ACA members and groups enjoy unprecedented education and networkingopportunities, brought to them by the trusted authority in angel investing. ACA members and groups enjoy unprecedented education and networkingopportunities, brought to them by the trusted authority in angel investing.
In order to contextualize the opportunity that exists for the Internet outside of Silicon Valley these days you can take inspiration from the history of technology evolution across many markets throughout history. We literally are a land in which people left their stable East Coast homes in search of opportunity and a chance to start fresh.
We are experiencing unprecedented opportunities for communities to evaluate how best to respond to short-term needs while building resilient solutions for long-term success. 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.
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. Winners will also receive mentorship and advisory support from the Administrators network of subject matter experts.
First, we congratulated affiliates selected to participate in the SBA Community Navigator Pilot Program including National Urban League , Nicolet Area Technical College , New Bedford Economic Council , Rochester EconomicDevelopment Corporation and Forward Cities. What is the new normal for your team and network?
In a significant boost to the venture capital landscape of Central Pennsylvania, the region is set to benefit from the establishment of the Keystone Innovation Fund II, thanks to a generous grant of $412,598 from the US EconomicDevelopment Administration’s ‘Build to Scale Capital Challenge.’
Prizes include cash grants from a pool of over $100,000 along with mentorship opportunities and connections with potential investors and key influencers. Startup302 strengthens Delawares innovation ecosystem by providing this access to entrepreneurs seeking financial and networking boosts for their businesses.
ACA members and groups enjoy unprecedented education and networkingopportunities, brought to them by the trusted authority in angel investing. 2023 promises to be another exciting year, with new educational opportunities, additional networking and community building events.
Small Business Development Centers (SBDCs): Administered by the SBA, Centers are located around the country to be a local resource that is either free or low cost to small business owners. The Centers often reside within universities, colleges or state economicdevelopment agencies. Check out M eetups and LI Groups.
OurCrowd First Israeli Company to Partner With the Singapore EconomicDevelopment Board in the Global Innovation Alliance (GIA) Programme. This collaboration includes a series of in-person meeetings and virtual programmes including curated networking sessions and bespoke demo days. June 27, 2022 09:00 PM Eastern Daylight Time.
The traditional economicdevelopment approach uses static and reactive metrics – the number of jobs created, capital investment dollars, and companies recruited – on an annual basis. They learn how to develop community goals and strategies to achieve those. a national leader in ecosystem development and evaluation.
Choo Heng Tong, the Executive Vice President for New Ventures and Innovation, EDB, said delivering sustainability goals is now more pressing as it also presents an opportunity for collaboration across the ecosystem to build and scale climate tech ventures.
Enhance networks of support through ongoing communication of the organization’s accomplishments by marketing existing clients, and by building awareness among prospective new clients. Basic knowledge of economicdevelopment and tech startups a plus. Outstanding writing and communications skills. Experience in Photoshop.
And yet, our economic policies espoused by governments and traditional economicdevelopers continue to focus on attracting existing big businesses. But ecosystem building still hasn’t gone mainstream—it’s a mostly unknown approach to economicdevelopment. The goal of ESHIP Goal 6 is to change that.
So far, Blnk claims to have disbursed over $20 million in loans via a network of more than 300 merchants (half of which are active) to over 60,000 customers who pay an average of 2.6% monthly interest. Other fintechs that offer loans and other financial services in Egypt include MNT-Halan , MoneyFellows and Khazna. .
This past April, we invited a group of ecosystem practitioners from Buffalo, Richmond, and Jacksonville to see how different communities in Indianapolis are seeking to provide greater access, financing, and support for entrepreneurs of color and others who are disconnected from traditional business networks.
And though Nigeria’s food processing systems have a keen resemblance to the West with respect to big factories and huge economies of scale in high-demand cities, farmers still suffer from poor logistics networks. Farmers, witnessing post-harvest loss, also get paid less and miss the opportunity to invest in their crops production.
By: Pat Gouhin, Chief Executive Officer After a tireless effort ultimately met with success, Louisiana angel investors are able to celebrate new opportunities for the early-stage ecosystem! On August 20, 2021, Louisiana Angel Investor Tax Credit program rule changes made by Louisiana EconomicDevelopment went into effect.
The Ben Franklin TechCelerator in Erie is presented by the Erie County Gaming and Revenue Authority (ECGRA), led by Perry Wood and in partnership with the Gannon Small Business Development Center (SBDC) led by Maggie Horne. cnp.benfranklin.org/techcelerator.
Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking. An ecosystem of support, funding, education and opportunity is essential for businesses to scale but it is hard to articulate and quantify this to make the case compelling. Melanie Lenci.
So many similar organizations are making great things happen at small scales, and with collaborations, we are creating opportunities to make bigger impacts. Seeing people who look like me have the drive to create positive change within themselves and their community drives my passion to create opportunities and canvases for them to thrive.
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