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Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to developstartup ecosystems. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economic growth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. They understand it from a general sense.
Although the numbers are impressive, the Startup Fort Worth White Paper that the Sparkyard team developed to build on the data includes community-sourced recommendations to further improve their economy through a focus on startups. Showcase your impact. Update on funding from the EDA. News from affiliates.
When you begin to peel back the onion some surprising data presents itself. Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. billion in venture capital to LA’s technology startups and 2014 will shatter that figure.
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. For more information, including additional eligibility requirements, click here.
On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business.
PureLine Putting (Michael Irvin), creators of a revolutionary putting aid for golfers, clinched the runner-up position, walking away with $5,000 to further develop their product. link] The post Two Local Erie Startups win Ben Franklin’s TechCelerator Business Bootcamp first appeared on BFTP/CNP. Premier Manufacturing – d.b.a
In addition to the $50,000, on pitch day, audience members who will be attending via Zoom, will have the opportunity to vote for their favorite presentation in the $2,500 People’s Choice Award sponsored by Cargas. Visit cnp.benfranklin.org. The post FINALISTS IN BEN FRANKLIN’S $50,000 BIG IDEA CONTEST ANNOUNCED!
They made their presentations to a panel of independent judges from CARGAS, Perceptive Automata, EG Associates Group, Sheetz, and Erie Insurance. The company, represented by Nicole Sawyers, Nicole Drayer, and Dan McCluskey, developed a patented, FDA approved NICU positioning devices for premature infants.
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.
Joseph Iskander, the head of investment at lead investor EIIC, speaking on the investment: “We are convinced that the Egyptian market and its startup ecosystem present a compelling opportunity for regional and international investors, and we are committed to identifying and investing in value accretive businesses.
You’ve decided to launch a technology-enabled startup with a positive social impact! Now the bad news: some venture capitallists have a bias against startups with an explicit positive social impact, on the grounds that they have a smaller addressable market, and that the founders are not sufficiently focused on creating shareholder wealth.
This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the continent’s early- and growth-stage startups, which the company CEO Sundar Pichai announced last October. The TechCrunch Startup Battlefield Africa winner in 2017 is currently present in Kenya, Uganda and Nigeria.
Selected finalists will present their innovative business ideas to a panel of judges, competing for up to $50,000 in prize money to help launch their startups. Their project, currently in the engineering phase, holds promise for reducing carbon emissions while promoting economicdevelopment in the region.
Fisher’s Popcorn officials presented to Delaware’s Council on Development Finance an application for a Jobs Performance Grant of $60,000 and a Capital Expenditure Grant of $145,500 from the Delaware Strategic Fund to support the company’s investment in construction, fit-out costs and new equipment.
On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business.
Selected finalists will present their innovative business ideas to a panel of judges, competing for up to $50,000 in prize money to help launch their startups. In addition to the $50,000 grand prize, audience members will have the chance to vote for their favorite presentation, awarding a $2,500 People’s Choice Award.
Our BIG IDEA pitch events are attended by not only the friends and family of the presenters, but also community partners, local dignitaries, economicdevelopment professionals, other startups, and even potential investors. . When: November 21, 2019.
ERIE, PA – On Thursday, January 14, 2021,with more than 160 viewers in the zoom audience, seven companies made their final pitch presentations to four independent judges; a panel which also included a past BIG IDEA winner, Dr. Wei-Shin Lai with Acoustic Sheep. Visit cnp.benfranklin.org. . . .
With funding support from the Erie County Gaming Revenue Authority and business mentors provided by Ben Franklin and Gannon’s Small Business Development Center, the local entrepreneurs behind these startups have been participating in Ben Franklin’s business startup accelerator, the Tech Celererato r@Erie.
Louis region find data for their groups, done some work for the NCRD (National Center for Resource Development) – helping them put together lists of resources and contacts, helped Startup Champions Network search for grants, and worked with different entrepreneur support organizations in St. Louis area.
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.
INDIANA, PA – Since early June, five local entrepreneurial teams have been participating via Zoom in an intensive Business Startup Boot Camp offered by the Ben Franklin TechCelerator@Indiana. Join us via Zoom for the Final’s Presentation Event on August 18, 2021 beginning at 2:00 PM. Show your support for these local entrepreneurs!
You’ve decided to launch a technology-enabled startup with a positive social impact! Now the bad news: some venture capitalists have a bias against startups with an explicit positive social impact, on the grounds that they have a smaller addressable market, and that the founders are not sufficiently focused on creating shareholder wealth.
A long-standing partnership between the Commonwealth of Pennsylvania and Penn State University, Ben Franklin Technology Partners of Central and Northern PA is the largest early-stage investor and supporter of tech startups and small manufacturers in the program’s 32-county footprint. Manage PR and check presentation events.
SOMERSET, PA – For the past two months, several tech-entrepreneurs have been participating in a business startup accelerator program, the Tech Celerator @Somerset. On March 14, 2019, they each made a graduation “pitch” to a team of judges from the surrounding area.
The sales cycle for sustainable ecosystem type projects is long and they don’t often present themselves as ecosystem building work. I operate at the intersection of economicdevelopment, community development, and workforce development to craft solutions. I am not funded at the level to keep staff on hand.
The DPP team works with site selectors, executives and developers focused on where to locate or grow a business and helps with reviewing potential sites, cost-of-living analyses and funding opportunities, including available tax credits and incentives.
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. The startup world asks founders to disrupt their industries with data.
He left traditional media at the top of his game to be the founding CEO of Next New Networks, one of the first digital video startups, backed by Spark Capital and bought by YouTube in 2011. billion to finance US startups.) Beatriz has been a tireless public advocate of the role of Latinx leaders in startups, technology y media.
The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.
ERIE, PA – In 2020, when Dr. Jeffrey Vaitekunas made his investment pitch presentation to Ben Franklin Technology Partners, he began with some very somber facts. Every year, more people die from blood clots than from breast cancer and traffic accidents combined.
To unpack this rare gem of Europe’s startup scene, we spoke to eight area investors. Among the trends they identified are startups in B2B, business automation processes, e-commerce, AI, SaaS and COVID-19-related solutions, as well as “smart” everything: factories, cities, offices, etc. billion crowns or $59 million.
I can still remember the feeling of the suds on my fingers as I gazed longingly at the tall building on Castro Street in downtown Mountain View where 500 Startups used to sit on the top floor. He promised to promote immigrant entrepreneurship, which could finally mean a startup visa! YC was just down the street. I felt so powerless.
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