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Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. This is exactly the wrong way to think about the economicopportunity presented by innovation.
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.
Small-scale manufacturing businesses help us create thriving places, with business ownership opportunities and good-paying jobs that other business types cannot fulfill. They are the hidden gems in the economicdevelopment strategy and downtown reinvestment efforts of every place (yes, I really mean every place).
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 New Jersey EconomicDevelopment Authority (NJEDA) is extending the deadline of its Request for Expressions of Interest (RFEI) for the planned New Jersey Green Fund (NJGF) indefinitely, until a formal application is launched.
December 14, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. The program will be open to for-profit and non-profit entities responsible for overseeing a realestatedevelopment project in Atlantic City.
My trial and error experience shows that funding for ecosystem building projects (outside of those that are grant funded and tied to realestatedevelopment activities) are very inconsistent and need a repeatable pricing and profitability model for more to be able to sustain and feed themselves to continue to do this great work.”.
(November 21, 2023) – Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved a new $20 million pilot program to support rising realestatedevelopers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.
I don’t have the numbers but if I had to guess, I have made at minimum over 100 connections within the past 6 months for the benefit of economicdevelopment agencies, community and realestatedevelopers, tech founders, emerging fund managers, etc. What ecosystem building skill/knowledge do you want to gain?
The thing that motivates me the most as an ecosystem builder is the opportunity to inspire and support the next generation of creators, innovators and entrepreneurs and give them the tools and platform to transform their communities. What motivates you as an ecosystem builder? See igniteT2.inncuvate.com
program aims to bring businesses & workers back to NJ’s commuter hubs after pandemic Second tranche of funding for realestate projects to be awarded in early 2024 TRENTON, N.J. This grant program gives communities an opportunity to shine and share their stories. $10M A.R.T.
June 13, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) yesterday issued a Request for Information (RFI) seeking insight from qualified stakeholders on opportunities to accelerate building decarbonization within the commercial building sector. TRENTON, N.J.
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. Unlike with the Phase I Joint Ventures Grant, applicants do not need to have secured realestate or municipal approval.
As she puts it, “We are seeing multifaceted growth across states and industries, including construction, finance, and insurance transportation and realestate. Now, Paul, this is really an area that deserves focus, given that Hispanics overall account for over $2 trillion in economicdevelopment and employee over 3 million Americans.
They argue that the new rules are too “loose” and will encourage investments in projects, such as sports stadiums or higher-priced realestate, that do little to help low income communities and residents. CRA has been, and will continue to be an important tool in our community development toolbox.
“It would present a huge opportunity for a variety of climate tech sectors, ranging from clean electricity to carbon management to vehicle electrification.” As Fifth Wall’s newest partner Greg Smithies noted last year, there’s a massive opportunity in building retrofits and startup technologies to improve efficiency.
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