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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.
Because there’s no replacement for meeting people where they are and experiencing innovation economies in real life. an event showcasing the innovation and economicgrowth possible in the middle of the country. an event showcasing the innovation and economicgrowth possible in the middle of the country.
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.
Political candidates can give all the stump speeches they want, but ultimately, the prescription is simple (though not easy): Entrepreneurial innovation. Political candidates can give all the stump speeches they want, but ultimately, the prescription is simple (though not easy): Entrepreneurial innovation.
But when it comes to innovation, other more distant examples prove that these sorts of bipartisan accomplishments can have enduring impacts. And both parties agreed that a primary barrier were laws written during the Great Depression which served to prevent a broad range of investors from investing in high-growth companies.
Next NJ Program and AI Innovation Challenge Administration Grant Program will increase AI investment and catalyze groundbreaking research TRENTON, N.J. New Jerseys continued investment in the sectors of the future will pay dividends for generations to come, setting the Garden State on a path of economic strength and prosperity.
The wonderful thing about rural America is that we have cultural assets and mindsets that allow us to thrive when it comes to entrepreneurship and innovation. Research included in the report demonstrates that “regions and local economies with strong entrepreneurship bases achieve faster and more sustainable economicgrowth.”.
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. Vertically Integrated for Speed, Precision, and Innovation Enderas vertically integrated approach gives it a unique competitive advantage. history.
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.
Their strategy to invest in life science and STEM office space, home to highly educated and innovative workforces, gained the backing of public and corporate pension plans, insurance companies, and endowments across the U.S. and Europe.
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.
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. Two years ago, InstaDeep formed a multi-year strategic collaboration with BioNTech to launch a joint AI innovation lab.
World Entrepreneurs’ Day, celebrated each 21 August, honors the innovators, risk-takers, and trailblazers who shape industries, drive economicgrowth, and inspire others. At EO, we celebrate and support entrepreneurs on World Entrepreneurs’ Day—and every day!
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.
Register Vietnam is intensifying efforts to become an innovation hub in the global startup industry. 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.
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.
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
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. The dedicated fund focuses on the growth of existing portfolio companies that have reached the growth stage.
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.
A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology Partners of Central & Northern Pennsylvania.
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. Immigrants to the US contribute to the success of the US innovation economy at a vastly disproportionate rate. Canada : iNovia Capital. Recruiting new citizens.
Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development 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 Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.
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.
Since taking office, Governor Murphy has prioritized programs and initiatives that provide critically necessary support to New Jersey’s early-stage, innovative companies, of which, the NOL Program has been hailed for decades as a lifeline for emerging companies that have yet to reach profitability,” said NJEDA Chief Executive Officer Tim Sullivan.
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.
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 economic development and fostering innovation throughout Pennsylvania.
This move is expected to streamline the visa issuance procedure, making it more accessible for global talent and driving innovation in key industries. These efforts demonstrate Japan’s commitment to attracting global talent and positioning itself as a hub for innovation and cross-cultural exchange.
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.
Office Hours will focus on Innovation Programs that benefit businesses and investors TRENTON, N.J. Alternating between in-person and virtual events, these will offer one-on-one sessions with the NJEDA’s Innovation team to discuss programs and networking opportunities with industry stakeholders.
There’s more innovation opportunity. Recessions both expose existing economic problems and create new issues specific to that downturn. Because companies typically tighten spending during recessions, innovation from the top is generally low. Additionally, weak economicgrowth often leads to failing businesses selling off assets.
Bobby Franklin is the president and CEO of the National Venture Capital Association. This philosophy has fueled America’s growth and prosperity and made the U.S. the global leader of innovation. At the beginning, young businesses use capital from friends, family or even outside investors to help them get started.
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. Lots of community discussions.
Besides, governments across Asia actively work on fintech regulations to balance innovation and consumer protection. This investment came from a consortium of regional investors, including Northstar Group, Alpine Ventures, Patamar Capital, and January Capital. VentureTECH SBI and VentureTECH Invest $2.4
These well-earned promotions further empower HPA to capitalize on its achievements and unlock future opportunities. The post HPA Announces Key Leadership Promotions in Investment Team first appeared on HPA. The post HPA Announces Key Leadership Promotions in Investment Team appeared first on HPA.
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.
(October 12, 2023) – The New Jersey Economic Development 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.
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. Premier Manufacturing – d.b.a
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.
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey Economic Development Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.
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
In a more innovative approach to advancing women’s causes, she also designated a total of $240 million to create $20 million in grant-making funds for each of 12 chosen global leaders for independent distribution: Dr. She advances that research and analysis have shown that “investing in women and girls benefits everyone”.
In partnership with the PA WILDS Center for Entrepreneurship, and with funding support provided by the Appalachian Regional Commission (ARC), Ben Franklin Technology Partners’ recent innovation competition targeted the counties of Centre, Clarion, Clearfield, and Jefferson. appeared first on BFTP/CNP.
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