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Cheaper rents could make it a great place for the creative community and there''s no reason why it shouldn''t become as popular a destination for out of town events the same way that Austin has. What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community.
Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Very little time and effort is spent helping professional, full time investors raise capital for venture funds.
“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. Identify Potential Allies.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Youth entrepreneurship and community cohorts can also help drive more entrepreneurship in rural regions.
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. Starting and growing a business can prove to be a daunting endeavor within any market.
One way to do this is by engaging in Global Entrepreneurship Week , an annual initiative hosted by the Global Entrepreneurship Network that features 35,000 events across 125 countries with the goal of celebrating and empowering entrepreneurs in every community around the world—especially those who face systemic barriers. KC SourceLink.
During our March Quarterly Conversation, affiliates discussed the challenges moving from individual entrepreneur support organizations to a collaborative, community-based model. Seeking feedback from your network and involving them in your initiatives encourage buy-in, and ultimately makes your partnerships more effective.
For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. Housing affordability is a visceral issue for communities, and local decision-makers are struggling to keep up with the scale of the problem.
Community is one solution I had in mind. In fact, the failure of the local chamber of commerce and economicdevelopment organizations is largely the reason why it’s so expensive for local plays to acquire customers. Tags: First Round Capital Venture Capital & Technology nextNY.
Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”
STATION DC was launched by Capital Factory, in partnership with the City of Washington, DC, as a community-driven coworking and event space designed to support diverse entrepreneurs, creators, and changemakers. As the official D.C.
In our commitment to entrepreneurship-led economicdevelopment, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. How to Build an Inclusive Entrepreneurial Community. Women entrepreneurs find success despite lack of access to investment capital.
ERIE, PA – Ben Franklin Technology Partners is pleased to announce a partnership with the Erie Community Foundation creating the Hartman Innovation Fund for startup technology and existing small manufacturers in Erie County, PA. About Ben Franklin Technology Partners. appeared first on BFTP/CNP.
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.
Favorable Regulatory Landscape Tax Benefits : Georgia offers tax incentives for companies that contribute to employment and economicdevelopment. Louis, Missouri stands as a major hub for the agricultural sector, shaped by its advantageous location, academic institutions, industrial presence, and capital availability.
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.
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. Register now! and more articles from the EO blog.
EconomicDevelopment Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. This achievement is part of a nationwide initiative by the U.S.
Coordinated by Delaware Prosperity Partnership and innovation-supporting partners from throughout the Delaware business community and beyond, Startup302 launched in 2020 and has provided $800,000 in funding to 52 ventures since 2021.
Working capital loans with competitive interest rates and no collateral requirement will support New Jersey small businesses TRENTON, N.J. November 28, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) today announced the opening of the NJ Capital Access Fund.
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. On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp.
Collectively , they have raised over $100 million in venture capital. SafeBoda welcomes Google to their community and are excited to continue to drive innovation in informal transportation and payments in the boda boda (East Africa) or okada (West Africa) industry,” said co-founder Ricky Rapa Thomson in a statement.
The support of the PA Department of Community & EconomicDevelopment also was instrumental in establishing SUA. It was launched with a POWER grant from the Appalachian Regional Commission (ARC), a federal-state partnership investing in the socioeconomic future of 420 counties in 13 states in the Appalachian region.
Ben Franklin, which has been investing in tech startups and small manufacturers for nearly 40 years, recently received additional funding support of $1 million from the Department of Community and EconomicDevelopment (DCED) to invest in its portfolio clients that have been adversely affected by COVID-19.
Since first investing in Oklahoma startups in 1999, i2E, and now its independent Venture Capital Fund management partner, Plains Ventures, have managed numerous early-stage debt and equity investment funds, making 452 investments in more than 250 companies. Selexys Pharmaceuticals was acquired by Novartis for $665 million in October 2016.
There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment. More than $120,000 in startup capital was awarded during business competitions throughout the week. What resource organizations are in our community that we aren’t currently engaging with? Celebrate your entrepreneurial community.
His 40 years of economicdevelopment experience included tenures at the Michigan Department of Commerce; Secretary of the Oklahoma Department of Commerce where he created the nationally recognized Quality Jobs Program; and Partner in both Intersouth Partners and Chisholm Private Capital Partners of Oklahoma City.
About the Appalachian Regional Commission (ARC) – The Appalachian Regional Commission ( www.arc.gov ) is an economicdevelopment partnership agency of the federal government and 13 state governments focusing on 420 counties across the Appalachian Region. The post The Finalists in the PA WILDS BIG IDEA Contest Have Been Announced!
The largest early-stage investor in the region, Ben Franklin provides investment capital, business support services, BIG IDEA Contests, and Tech Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. www.cnp.benfranklin.org.
Pan-African focused venture capital firms Samurai Incubate Africa, Future Africa and Consonance Investment Managers led the round. Individual investors like Stephen Pagliuca, the chairman of Bain Capital and Justin Kan of Twitch also participated. million in grants will focus on providing working capital financing to these farmers.
Recently, I worked with a community that was struggling to explain what they thought success looked like in ten years to their funding organizations. The traditional economicdevelopment approach uses static and reactive metrics – the number of jobs created, capital investment dollars, and companies recruited – on an annual basis.
Here’s why: The HQ2 search process galvanized cities to drive collaboration between universities, economicdevelopment groups, civic leaders, and startup ecosystem builders. Those efforts should continue, as they could end up being catalytic for many cities. just might? just might?—?launch launch the next Amazon.
Successful startup communities often grow organically without any deliberate plans or resources. No colleagues, no customers and no capital. Gregslist illustrated that Phoenix was indeed a very active software community with over 600 operating software companies. What ignites a startup ecosystem? But ecosystem building is hard.
The largest early-stage investor in the region, Ben Franklin provides investment capital, business support services, BIG IDEA Contests, and Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. Visit www.cnp.benfranklin.org for program details. www.cnp.benfranklin.org.
Tara Sabre Collier is an early-stage impact investor with more than 15 years of experience at the intersection of economicdevelopment, social entrepreneurship and impact investment. and across the Americas, Afro-Brazilians have long struggled for socio-economic equity. Tara Sabre Collier. Contributor.
About Ben Franklin Technology Partners: The largest early-stage investor in our region, Ben Franklin Technology Partners/CNP, (an initiative of the Pennsylvania Department of Community and EconomicDevelopment and funded by the Ben Franklin Technology Development Authority) provides investment capital and business support services to emerging tech-based (..)
The Ben Franklin program, which has been investing in tech startups and small manufacturers for nearly 40 years, recently received additional funding support from the Department of Community and EconomicDevelopment to invest in its portfolio clients that have been adversely affected by COVID-19. www.vinoshares.com.
About Ben Franklin Technology Partners: The largest seed investor in our region, Ben Franklin Technology Partners (an initiative of the PA Department of Community & EconomicDevelopment and funded by the Ben Franklin Technology Development Authority) has been providing investment capital, business support services, and operational assistance to (..)
Ecosystem building and community building is hard. Entrepreneurship ecosystem builders work for social change and impact — working to help their communities thrive. In the podcast, Anika explores how ecosystem building can help unleash the full potential of the makers, doers, innovators and visionaries in our communities.
About Ben Franklin Technology Partners: The largest seed investor in our region, Ben Franklin Technology Partners (an initiative of the PA Department of Community & EconomicDevelopment and funded by the Ben Franklin Technology Development Authority) has been providing investment capital, business support services, and operational assistance to (..)
It hosts an environment which many other communities have attempted to emulate, although they haven’t and won’t. Many other communities are entrepreneur-friendly and, by any measure, have the tools in place to spawn new high growth companies. The Valley has been a unique place for over half a century.
The Black and Latinx Seed Fund will be administered by the New EconomicDevelopment Authority (NJEDA). NJEDA CEO Tim Sullivan said based on research conducted by the state, that New Jersey is the first state in the nation to develop this type of fund. Zakiya Smith Ellis, chief policy advisor to Gov.
Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economic growth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.
Monique Villa is an investor at Mucker Capital , an early-stage VC fund investing in startups across the U.S. She is also the co-founder of Build In SE , a community of founders, funders and ecosystem partners committed to company building in the Southeast (#BuildInSE). and Canada. More posts by this contributor. And yet, here we are.
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