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House Committee on Financial Services Hearing, Beyond Silicon Valley: Expanding Access to Capital AcrossAmerica On March 25, 2025, Revolutions Chairman and CEO, Steve Case, testified before the Committee during a session examining policy proposals to improve capital access. Watch the hearing and read his full testimony here andbelow.
Today, it’s one of the most valuable companies in the world, with a market capitalization of more than $550 billion, directly employing 47,000 and supporting a far larger economy , from contractors and suppliers to iOS application developers. Granted most startups will never become another Apple or Google.
an event showcasing the innovation and economicgrowth possible in the middle of the country. Where we went: Bentonville, AR ?? What we did: Steve Case was a featured panelist at Heartland Forward’s 2022 Heartland Summit?—?an
The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.
The venture capital firm that bears his name. It’s not just a matter of fairness or morality it’s a matter of good economics. Having a highly functional middle class is good policy for long-term economicgrowth. And then I settled on a thought I couldn’t get out of my head. Kleiner Perkins.
AI presents a tremendous economic opportunity for New Jersey, poised to create good-paying jobs, catalyze new discoveries, grow our start-up community, and foster long-term economicgrowth, said Governor Murphy.
InstaDeep , a Tunis and London-based enterprise AI startup that creates decision-making systems for solving real-world problems, has raised $100 million in Series B financing led by Alpha Intelligence Capital and CDIB. When InstaDeep launched, Africa wasn’t in the picture detailing AI’s contribution to global economicgrowth.
Research included in the report demonstrates that “regions and local economies with strong entrepreneurship bases achieve faster and more sustainable economicgrowth.”. New and enduring challenges in accessing capital. Anyone who has started a business knows that access to capital is essential.
In today’s world, a state’s economicgrowth demands investment in innovation and high-tech industries — especially for a natural resource-rich state like ours that must leverage our existing resource base to diversify our economy for the future. It is the venture capital “circle of life.”. By Scott Meacham.
This infusion of capital will enable the company to scale production, expand its product line, and generate new jobs at its world-class production facility in Ottawa, Ohio. In addition, Endera secured a $13 million credit facility.
World Entrepreneurs’ Day, celebrated each 21 August, honors the innovators, risk-takers, and trailblazers who shape industries, drive economicgrowth, and inspire others. Photo: Congratulations to new EO Cincinnati members Brad Hill, Dan O’Keeffe, Michael Tindall, Sarah Crawford, Zak Nordyke, and (not pictured) Margee Moore.
By: Pat Gouhin, Chief Executive Officer May 10, 2022 – Seeking to strengthen connection, advocacy and understanding as well as advise those in the SEC and FinHub community, CEO Pat Gouhin was thrilled to represent angel investors and the angel ecosystem at FinHub’s Peer-to-Peer meet-up on capital formation. “It
Our 25th anniversary is not just a milestone – it’s a testament to the unwavering dedication of a community committed to innovation, entrepreneurship, and economicgrowth. billion in private capital raised : This demonstrates a $23-to-$1 ratio of private capital for every dollar of state funding invested in our services.
It was a journalist who covered Venture Capital. I took the initiative in moving forward a whole range of initiatives that have proven to be important to our country’s economicgrowth” Not exactly a simple message. Quick story – I once helped a friend get an interview with a journalist at the Financial Times.
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., About i2E, Inc.
Economic Development Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. The post Making Northcentral PA the Global Center for Advanced Pressed Materials first appeared on BFTP/CNP.
Prime Minister Pham Minh Chinh focused on the role of startups and innovation in driving economicgrowth while speaking at the “ TECHFEST – WHISE 2023 ” imprint program in Ho Chi Minh City on November 25. Focus on capital markets, human resources, science and technology, and new product development.
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 Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund.
Register Indonesia-based venture capital firm East Ventures and Seoul-based venture capital firm SV Investment have joined forces to establish a new fund targeted at $100 million. Earlier this year, East Ventures invested in tech ventures through its $250 million for Growth Fund.
The recently acquired capital infusion will be directed towards MADCash’s online platform, leveraging advanced AI technology for optimization, financing operational and marketing requirements, and facilitating the startup’s expansion endeavors across the Southeast Asian region, as detailed in the official press release.
Bobby Franklin is the president and CEO of the National Venture Capital Association. At the beginning, young businesses use capital from friends, family or even outside investors to help them get started. Those that do succeed graduate to other levels of financing, including angel or venture capital. Bobby Franklin. Contributor.
Senators led by Amy Klobuchar introduced the New Business Preservation Act to incentivize venture capital formation around the country. It avoids two well-known traps for government-sponsored venture programs by requiring that public funds are matched with private dollars and that capital is deployed by professional investors.
This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. In Pakistan, digital transformation can unlock up to $59.7
I co-wrote this essay with Prabhat Gusain , currently the Chief of Staff at Caffeinated Capital; formerly an intern with Versatile VC ; and a 2021 MBA from UVA Darden. Israel : Elevator Fund , Hanaco , Innovation Endeavors , JANVEST Capital Partners , Pereg Ventures , Team8 , numerous others. Canada : iNovia Capital.
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.
Under the proposed changes, venture capital firms and government-recognized startup accelerators will play a key role in assessing applicants’ business plans and issuing preliminary documents.
Register Capria Ventures , a venture capital firm specializing in investments in the Global South , has announced the first close of its $100 million fund, which will focus on investing in 20 to 25 tech startups in key entrepreneurial hotspots across India, Southeast Asia, Latin America, the Middle East, and Africa.
The round also included a $5 million debt from Talanton and Verdant Capital Specialist Funds. Founded in 2017 by Hilda Moraa , Pezesha has built a scalable digital lending infrastructure that allows both traditional and non-traditional finance institutions to offer working capital to MSMEs.
Ben Franklin Technology Partners of Central and Northern PA (CNP) has remained steadfast in its pivotal role, bolstering local tech-based enterprises, small manufacturers, and entrepreneurs by continuing to provide essential business support services, training, and capital investments.
Similarly, Rogoff has made notable contributions to the firm over the past two years, fortifying key areas and establishing a strong foundation for organizational growth. These well-earned promotions further empower HPA to capitalize on its achievements and unlock future opportunities.
The round included Tresmonos Capital, Novus Paradigm Capital and XA Network, along with angel investors like Carousell chief executive officer Quek Siu Rui, Glints co-founders Oswald Yeo and Seah Ying Cong and Grab Financial Group head Reuben Lai. The startup announced today it has raised $2.8
This multiplier effect is powerful for economicgrowth, but comes with drawbacks. Most notably, on the supply side is The Low-Income Housing Tax Credit (LIHTC), which offers tax credits as part of the capital stack to developers, making it more economical to develop for lower rents.
James Burnes: Ministry of Awesome is a startup ecosystem organisation that is on a mission to drive New Zealand’s economicgrowth through founder-led innovation. So it’s much less about raising capital, it’s much more about business fundamentals. Topics that are important have really emerged from past events.
She offers that full participation of women results in further economicgrowth, women’s political participation decreases corruption and peace agreements written with the involvement of are more durable. She advances that research and analysis have shown that “investing in women and girls benefits everyone”.
Already, BasiGo has set up a charging and servicing depot adjacent to the country’s main airport, the Jomo Kenyatta International Airport, in the capital, Nairobi. It has also imported two electric buses for the pilot program. million includes $930,000 raised during the pre-seed round late last year.
She’s an academic economist who rejects market orthodoxy and presents her arguments, persuasively, to the masses —a gift that many in the field of economics don’t possess.
With a commitment to safety, sustainability, and economicgrowth, the company is on a mission to create a better and more efficient future for electric vehicle charging. the City of Hermitage, the Shenango Valley Enterprise Zone, and the Greenville Area Economic Development Corp. Learn more here.
Prabhat Gusain is currently the chief of staff at Caffeinated Capital and was previously an intern with Versatile VC. Then you have national and local governmental organizations interested in promoting economicgrowth and job creation. Prabhat Gusain. Contributor. Share on Twitter. He is a 2021 MBA from UVA Darden. David Teten.
This investment came from a consortium of regional investors, including Northstar Group, Alpine Ventures, Patamar Capital, and January Capital. GFC, Money Forward, Alpine Ventures, Patamar Capital, and nine angel investors also contributed to the funding round. VentureTECH SBI and VentureTECH Invest $2.4
(November 21, 2023) – Last week, the New Jersey Economic Development 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.
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.
Greater Colorado Venture Fund raises $25 million dollar fund, in partnership with Colorado Venture Capital Authority; Funds will be used to galvanize, support and expand rural Colorado founders and entrepreneurs in their business building efforts. ” “The impetus for our work originally at GCVF was the Colorado Venture Capital Authority.
Greater Colorado Venture Fund raises $25 million dollar fund, in partnership with Colorado Venture Capital Authority; Funds will be used to galvanize, support and expand rural Colorado founders and entrepreneurs in their business building efforts. ” “The impetus for our work originally at GCVF was the Colorado Venture Capital Authority.
Additionally, weak economicgrowth often leads to failing businesses selling off assets. Regardless of your side hustle, every business idea requires a little startup capital. During recessions, it’s often easier to find that capital for lower interest rates. Sign Up: Receive the StartupNation newsletter!
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