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“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economicgrowth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City.
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. New and enduring challenges in accessing capital.
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.
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.
a nonprofit dedicated to fostering the growth of startups and entrepreneurs in Oklahoma, is proud to announce surpassing the $100 million mark in total investments. This achievement highlights their continued commitment to driving innovation and economicgrowth across Oklahoma and beyond. i2E, Inc.,
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.
Empower Girls To Reach Their Full Potential Entrepreneurship is a vital driver of innovation, job creation, and economicgrowth. As an example, only 3 percent of venture capital funding went to all-female-founded startups in 2022.
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.
The fund, generously supported by key partners including Penn-Northwest Development Corporation, the City of Hermitage, the Shenango Valley Enterprise Zone Corporation, and the Greenville Area EconomicDevelopment Corporation, aspires to nurture an entrepreneurial ecosystem that acts as a catalyst for small business expansion and innovation.
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!
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 economicgrowth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.
It’s a paradigm shift, where ‘development finance’ looks at private enterprise as a vehicle of socio-economicdevelopment,” said Dario Giuliani, founder and director of research firm Briter Bridges.
April 24, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. This fuels the growth for the product-based technology company by increasing the pool of available capital.
The cohort is made possible thanks to a Capital Readiness Program grant from the Minority Business Development Agency (MBDA). Rutgers University’s Center for Urban Entrepreneurship & EconomicDevelopment is excited and honored to partner with NMSDC on their Capital Readiness Program.
(November 21, 2023) – Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.
Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.
Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.
July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. NVP III is the third fund for Newark Venture Partners (NVP), a Newark-based early-stage venture capital firm. Funds will support investments in early-stage technology companies TRENTON, N.J.
May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey EconomicDevelopment Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark. (May headquarters.
February 15, 2024) – To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey EconomicDevelopment Authority (NJEDA) is launching monthly Innovation Programs Office Hours to highlight programs offered by the Authority to stimulate the innovation economy.
NJ FAST is the fourth Strategic Innovation Center in the state and will support research and development, innovation, and entrepreneurship in the Fintech and Insuretech Sectors HOBOKEN, N.J. The firm plans to commit at least 10 percent of the total capital commitment up to a maximum of $2.5
June 3, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) today announced that 34 technology and life sciences companies were awarded more than $68 million through the 2023 Technology Business Tax Certificate Transfer Program, commonly known as the Net Operating Loss (NOL) program. TRENTON, N.J. billion in awards.
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. RFEI responses will be used to support the design of financial products and structures for the NJGF.
Board will work to increase capital to minority-owned startups, create diverse innovation economy WOODBRIDGE, N.J. The board will provide knowledge, guidance, and insights on ways to best increase capital, access, and investments in New Jersey’s diverse entrepreneurs.
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.
American Precast Industries , located in Clarion, is focused on innovative, cost effective products to meet the economic pressures from COVID-19 while stimulating regional economicgrowth. Elements Aligned , located in Erie, is developing adjustable panel hangers that create modular interior walls.
Over $19 Million will Support Capital Projects to Improve Local Neighborhoods TRENTON, N.J. December 14, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program.
October 12, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board today approved the first investment in an emerging New Jersey company from the New Jersey Innovation Evergreen Fund (NJIEF). The NJIEF, launched in 2022, is a groundbreaking tool to increase access to strategic resources and venture capital in New Jersey.
This is the time of year when we reach out to our angel community seeking nominations for both the Angel Capital Association’s FY 2025 Board of Directors and committee volunteers to help ACA continue to grow and support our work on angel investing. Entrepreneurs are the engine to economicgrowth and Angels are the fuel for that engine.
This is the time of year when ACA reaches out to our angel community seeking nominations for both the Angel Capital Association’s FY 2025 Board of Directors and committee volunteers to help ACA continue to grow and support our work on angel investing. Entrepreneurs are the engine to economicgrowth and Angels are the fuel for that engine.
October 2, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the State’s principal agency for driving economicgrowth.
The $5 million program encourages investors to provide additional funding to businesses by providing an NJEDA guarantee on loans advanced for working capital purposes. About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the State’s principal agency for driving economicgrowth.
Program will Provide Grants up to $250,000 to Assist Small-Scale Developers in Gaining Access to Capital TRENTON, N.J. March 8, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) will host in-person and virtual information sessions to introduce the newly established $20 million Emerging Developers Grant pilot program.
(May 22, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) Board made several key program and policy approvals during its May meeting, including its first awards of residential projects under the Aspire Program, additional funding for the Authority’s child care programming, and record-breaking investments in venture capital.
By: Pat Gouhin, Chief Executive Officer Looking back over the past few years of uncertainty and effort, The Angel Capital Association has made it through stronger than ever because of the work of our dedicated members, volunteers and professional staff. Without this support, many early-stage companies wouldn’t get off the ground.
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey EconomicDevelopment Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.
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. “The
April 12, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) will host a virtual public information session on the New Jersey Clean Energy Loans (NJ CELs) Program on Monday, April 17 at 1:00 p.m. NJEDA loans must be matched at least dollar for dollar with capital from a financial institution.
April 19, 2023)—In recognition of 4/20 and National Cannabis Awareness Month, the New Jersey EconomicDevelopment Authority (NJEDA) announced that the application for Phase I of its $10 million Cannabis Equity Grant Program will open on Thursday, April 20, 2023, at 9:00 a.m.
Our Diversity, Equity, and Inclusion Task Force will be laser focused on developing programs to help under-represented communities benefit from and explore the possibilities of angel investing. We will also be developing resources for economicdevelopment agencies and groups interested in starting angel networks to drive economicgrowth.
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. and abroad between February and September 2020. Eric Parker. Gabe Munoz.
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. It’s important to know that Latinos are now an economic powerhouse and if you want your company to grow you need to reach this audience.
Tech Hub Funding Background In July 2024, the EconomicDevelopment Administration (EDA) awarded 12 Tech Hubs Designeeswith implementation grants that ranged between $19million and $51 million, totaling $504million.
“From the invention of the semiconductor to the creation of the Internet, new engines of economicgrowth have emerged due to public investments that support research, commercialization, and strong supply chains,” the White House wrote. ” Climate resiliency . . Outages cost the U.S. ” Building a better Internet.
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