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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development 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 economic opportunity presented by innovation.

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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

October 2, 2023) – The New Jersey Economic Development Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 Since the ATC program’s inception in 2013, 2,900 investments totaling $872 million have been approved to support 141 New Jersey companies.

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NJEDA Board Designates Netflix as a Studio Partner, Continuing New Jersey’s Film Industry Momentum

American Entrepreneurship

May 8, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today designated Netflix Inc. In 2013, Netflix established its original content division, and its productions, such as “Stranger Things,” “Black Mirror,” and “The Irishman,” have garnered critical acclaim and won numerous awards.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. We literally are a land in which people left their stable East Coast homes in search of opportunity and a chance to start fresh.

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[OurCrowd in Business Wire] OurCrowd first Israeli company to partner with the Singapore Economic Development Board in the Global Innovation Alliance (GIA) programme

OurCrowd

OurCrowd First Israeli Company to Partner With the Singapore Economic Development Board in the Global Innovation Alliance (GIA) Programme. Collaboration will further strengthen ties between startups and corporates in Israel and Singapore. June 27, 2022 09:00 PM Eastern Daylight Time.

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The Innovation Imperative for the New Administration

Revolution

These sentiments largely track with the geographic regions that have lacked access to capital, and consequently had fewer opportunities to launch and scale businesses. In 2013 (the year before we launched Rise of the Rest), states outside of California, Massachusetts, and New York received a total of $7.6B