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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.
Magnetar, a global multi-strategy alternative asset manager, with additional support from Pulse Fund and strategic partner Pritchard Auto Company, made a $36 million equity contribution to the five-year-old company. In addition, Endera secured a $13 million credit facility.
an event showcasing the innovation and economicgrowth possible in the middle of the country. Where to go: Crystal Bridges and The Momentary for world-class art collections, Slaughter Pen (or any of Northwest Arkansas’s 250+ miles of world-class trails) for mountain biking, and Scotch and Soda for a modern take on a classic cocktail.
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. To mark this important occasion, we recently held an event that brought together many of our partners, entrepreneurs, supporters, and friends.
According to the report , the Ministry of Economy recently introduced guidelines outlining support measures to strengthen startups in Japan. 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.
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.
These businesses deserve our support and celebration; they make up the bulk of the existing entrepreneurial ecosystem in any community. Microenterprise and Main Street companies are especially important for our rural communities, and should be carefully considered in rural economic development. Digitally disconnected.
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! EO supports entrepreneurs at every age and stage.
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.
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. Winners will also receive mentorship and advisory support from the Administrators network of subject matter experts.
However, despite the marked increase in women’s engagement in entrepreneurial activity, there are still far more male than female entrepreneurs in most countries, and there is also a need for greater support and funding for women looking to start and scale their businesses. However, simply hiring for diversity is not enough.
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.
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.
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. PM Chinh emphasized the government’s full support for startups and innovation projects.
Our proposal: governments systematically support funding for their diaspora founders, not just the local founders. 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. Canada : iNovia Capital.
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. East Ventures, established in 2009, has an impressive track record of supporting more than 300 technology companies.
(April 24, 2024) – The New Jersey Economic Development 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.
Watch/listen to the Interview: In this interview Richard Liew talks with James Burnes , Chief Executive at Ministry of Awesome , a Christchurch New Zealand based startup hub helping high growth startups throughout New Zealand to start, grow and scale up. I’d rather put the money into the program themselves than supporting the founders.
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.
Goldman Sachs and the Goldman Sachs Foundation launched the 10,000 Small Businesses initiative to help entrepreneurs create jobs and economicgrowth by providing them with greater access to business education, financial capital and business support services. ” – Jerome Brown, co-owner of Detroit Soul.
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.
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
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.
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.
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economicgrowth.” — Grow Your Own: Entrepreneurship-based Economic Development for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. Identify Potential Allies.
$1 billion allocated to support her philanthropic voice of advancing women and family causes Melinda French Gates announced she is going her own way, stepping down from the Bill & Melinda Gates Foundation she and her husband founded almost 25 years ago.
Prabhat Gusain is currently the chief of staff at Caffeinated Capital and was previously an intern with Versatile VC. We propose that governments should systematically support funding for their diaspora founders, not just founders locally. have created or supported funds to invest in local VC managers. Prabhat Gusain.
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.
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. The support and knowledge of this investor group will catalyze BasiGo in its mission to make East Africa a leader in inclusive, sustainable bus transport,” he said.
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 Series A.
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.
What types of housing can we build to support that world, and can we build enough of it? This multiplier effect is powerful for economicgrowth, but comes with drawbacks. How will we work in the future? Increases in telecommuting, hot-desking, co-working and the gig economy are all shifting the reality of “going to work.”
MSMEs are the engine of economies in Africa, and powering existing small businesses and encouraging the formation of new MSMEs helps create the type of economicgrowth and social benefit that carries over to households by creating more opportunity and more jobs,” the company’s CEO and co-founder Manoj Sinha, told TechCrunch.
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
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. RSVP: [link]. appeared first on BFTP/CNP.
has an incredible opportunity to capitalize on the surplus of tech talent in Mexico. More so than other Latin American countries, Mexico has the experience and economy to support a robust tech talent export ecosystem. trade partners , the political and economic mechanisms for investments and partnerships are in place.
With the pandemic, climate crisis, global economic shifts and rapidly changing consumer markets, it is clear that many businesses of today will no longer be relevant tomorrow. To generate growth in a startup, it is almost always necessary to raise external capital to run the necessary. A startup board is brave and supportive.
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. Using data to dictate which strategies get implemented, the proverbial tail is wagging the dog.
The fintech company, which was the first to digitize BPR in accelerating the financial inclusion in Indonesia’s tier 2 and tier 3 cities, said that the funding round was led by East Ventures (Growth fund). It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners.
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. GCVF’s Fund I raised $17.5M In the past four years, they have invested over $14.5m
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. GCVF’s Fund I raised $17.5M In the past four years, they have invested over $14.5m
“At Barings, we believe there is strong relative value for the highest quality office assets that attract high-caliber life science and technology tenants, who continue to drive advancements in healthcare and global economicgrowth.
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