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“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. She shared an experience she had with this in Buffalo. “We
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.
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. Entrepreneurial development in rural areas is needed now more than ever.
What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community. A lot of what they''d need would be really simple--intros to capital, spaces to convene, or just some PR. Venture Capital & Technology'
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.’
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. Four distinct themes guide activities throughout the week: ecosystems, education, inclusion and policy. Register here: [link].
According to the Federal Communication Commission’s 2018 broadband deployment chart, Oklahoma is last in our region in broadband development. If we want more high-speed broadband, we need more capital investment from the broadband carriers. Yet we are the sixth-highest state for taxing communications equipment.
For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. Last week, Brookings and Revolution teamed up for an event exploring macro trends shaping labor and housing markets at this moment of rapid growth, historic investment, and significant uncertainty.
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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.
E-Communities partner with NetWork Kansas to assist local entrepreneurs with capital and connection to resources, and to foster entrepreneurship as a driver of economicdevelopment. Next steps.
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.
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. Specifically: Founder : The team possesses the necessary skills, temperament, and experience to execute the startup’s vision.
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.
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. Women entrepreneurs find success despite lack of access to investment capital. 3 Ways to Empower Your Entrepreneurial Community.
Register Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. program, a SGD 20 million initiative introduced by the Singapore EconomicDevelopment Board.
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. The Administrator will develop and manage a statewide AI Challenge and disburse sub-grant awards to challenge winners.
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.”
In an era of technological advancement and economic transformation, Northcentral Pennsylvania finds itself at the forefront of a remarkable development. With only 29 Strategic Development Grants awarded across the entire United States, this achievement is a testament to the dedication and vision of the region’s stakeholders.
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.
Key components and actions of responsible tourism include benefitting local economicdevelopment, ensuring tourism development benefits the community and the environment, becoming part of the local culture, and reinvesting in the local region. Responsible tourism’s positive impact.
Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking. I would like to know how to best measure and track entrepreneurship and economicdevelopment in a non-traditional way. and abroad between February and September 2020. Denisse Rodriguez.
rang the opening bell on the NASDAQ stock exchange, signifying the start of their new chapter in life as a public traded company after successfully completing a merger with Novus Capital Corporation. Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor.
The team is developing a web-based APP that empowers the development of an effective education for children with disabilities. The company is developing a plug and play device, Smart Horns, for autos that gives drivers alternative, customized sound options. The post WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!
Providing access to key funding and facilitators who can make a difference in their development is a vital part of helping startups realize their potential, said DPP Director of Innovation Noah Olson. Thanks to sponsors, there is no charge to enter.
Nine tech-companies in central and northern PA, that are developing solutions related to the impact of COVID-19 on the state and its economy, received an investment from Ben Franklin Technology Partners/CNP. Visit www.ohanalink.tech. www.reflexion.co. www.xactmetal.com. We Invest in Innovation. www.cnp.benfranklin.org.
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.
Nine tech-companies in central and northern PA, that were adversely affected by COVID-19, received an investment from Ben Franklin Technology Partners/CNP that will allow them to stabilize their operations and further develop and commercialize new products, processes, or software applications. www.reflexion.co. www.cnp.benfranklin.org.
Startup NZ programme founder Richard Liew agreed that in the case of very early stage business owners, providing meaningful guidance could be transformational but not always easy or practical for those charged with the responsibility, such as business mentors or those in council business support teams or economicdevelopment agencies.
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. Visit www.cnp.benfranklin.org for program details. www.croptix.solutions.
Collectively , they have raised over $100 million in venture capital. This vital industry is the lifeblood of Africa’s cities and powers economicdevelopment. The accelerator program has supported more than 80 startups in seed to Series A stages with equity-free mentorship and resources.
Emerging entrepreneurs and small business owners who are developing a new, product, process, or software application – and need startup funding, need to know about the Ben Franklin program. Impulse Technology, located in Centre County, has developed a patented, self-aligning prosthetic ankle that enhances mobility and comfort.
SEE FULL SCREEN LEADING INNOVATION AND ECONOMIC RESILIENCE IN PA As we reflect on the remarkable journey of the past year, I am filled with pride and gratitude for the ongoing impact that our program has had in driving economicdevelopment and fostering innovation throughout Pennsylvania. EconomicDevelopment Administration.
The $300,000 fund combines capital from both organizations and will invest in and promote business growth and economicdevelopment, exclusively in Erie County. Ben Franklin Technology Partners, an award-winning technology based economicdevelopment program, is among the most widely known and emulated initiatives in the nation.
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Consulting House USA LLC (Troy Bingham) , located in Erie County, developed relocatable kiosks that will sell the LUMI “Better For You” food and beverage brand. IL Fuels LLC (Paul Painter, Aron Lupinsky), located in Centre County, developed technology to recycle water from mining operations.
Dozens of emerging entrepreneurs who are developing an innovation related to the maker economy, forest products, outdoors and recreation and even tech manufacturing, visited the site to check out the rules, eligibility, and application process.
This investment will support the development of innovative, safer EV charging stations. Advanced Power & Energy is set to change the game by manufacturing charging stations with advanced zinc nickel batteries, ensuring a safer and more economically sustainable solution while alleviating stress on the power grid. Learn more here.
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 (..)
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. InspectionGo Inc.,
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Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade. Milan tends to attract the lion’s share of VC funding — in 2019, startups located there received €311 million, according to NGP Capital. Will the coronavirus stymie their efforts?
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