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This organization would hire culturally knowledgeable staff, coordinate ongoing collaboration in their networks, proactively target and recruit hard-to-reach entrepreneurs, and set collective impact metrics and outcomes. Information is available from the SBA Information Notice (PDF). Want more information?
Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Not a one—and through conversations with other seed funds I know, this is pretty widespread.
This federal shift in investment and policy represents a tremendous opportunity for economicdevelopers, community champions and grassroots ecosystem organizers who want to transform their local economies as their community recovers from the devastating economic impact of COVID-19. Interested in getting more information?
“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.
webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Attendees will hear success stories and gain valuable insights from national thought leaders about solutions for sustainable, equitable economic impact. Exciting features and new enhancements to our SourceLink technologies.
During our March Quarterly Conversation, affiliates discussed the challenges moving from individual entrepreneur support organizations to a collaborative, community-based model. For more information, contact Dara Macan at dmacan@joinsourcelink.com.
Data captured from the small businesses supported by SourceLink® affiliate organizations provides valuable information for our network to report to their community stakeholders. Our special guest, Mark Werthmann, EconomicDevelopment Representative for Nebraska, Kansas and western Missouri U.S. Update on funding from the EDA.
In fact, many communities start with just one area of focus and develop their program over time to realize economic impact. In 2018, the state of Nebraska released Blueprint Nebraska, a strategic plan aimed at identifying the state’s core economicdevelopment challenges to create pioneering solutions. Not going it alone.
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. For more information, including additional eligibility requirements, click here.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Sharing examples of how other rural communities have made progress can help motivate, inspire and inform.
And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses. It’s time for a radical rethink in how we do economicdevelopment. While startups are key to job creation and economic growth, they can’t succeed on their own.
Responding to external events and changes that impact your community requires ongoing adjustments to effect lasting and meaningful economic change. There are significant government dollars available for economic recovery right now. We see a variety of staffing models, including collaboration between more than one organization.
Organisations from Government, to economicdevelopment agencies, innovation hubs and academia are helping inspire Kiwis to begin their entrepreneurial journey, informing and connecting entrepreneurs and creators with all manner of programmes, events, mentoring and investment.
Our final SourceLink Affiliate Quarterly Conversation of the year was packed with great information and fun. Agendas includes topics, speakers and discussions suggested by our community of network builders and is an opportunity to share best practices and collaborate with one another.
The $100 million milestone was made possible through collaboration with numerous partners and stakeholders. For more information, visit i2E.org and plainsvc.com. By leveraging its extensive network and resources, i2E is committed to supporting innovation, driving economicdevelopment, and nurturing a thriving entrepreneurial community.
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.
They build a culture of trust and collaboration among stakeholders, so that the doers and innovators have equal access to information, talent and resources when they need them. Episode 6: How to Approach EconomicDevelopment Through an Ecosystem Mindset with Christina Oldfather. Check out to Season 4.
Collaborative research focused on developing the field of ecosystem building would allow the field to identify the principles and practices that are most effective for fostering successful entrepreneurship. This information helps inform the global campaign for the following year.” – Ellen Bateman. Metrics do that.
The Kauffman Foundation’s ESHIP Goal 3 recognizes this as an ongoing challenge, stating, “Strong collaboration will require alignment on our desired outcomes for ecosystem building and a common terminology for this work. The resulting set of answers is intriguing and informative to read. ” Henry Rael.
Tom Wolf today announced that his proposed 2020-21 General Fund budget will include a $5 million increase for the Ben Franklin Technology Development Authority (BFTDA), which funds the statewide Ben Franklin Technology Partners initiative, one of the most widely known and emulated state technology-based economicdevelopment programs in the nation.
More information about the ESHIP Communities program can be found here. So many similar organizations are making great things happen at small scales, and with collaborations, we are creating opportunities to make bigger impacts. This interview is part of the “Ecosystem Builders” series.
What we found through our research are three essential areas to foster the professional and personal development of entrepreneurial ecosystem builders: Justifying and valuing their work: Building the business case for inclusive ecosystem building through fieldwide metrics . How to measure the impact of people collaborating. Mara Hardy.
Join a collaborative effort to design, create, and validate the advancement of the entrepreneurship ecosystem building field of practice. I’ve worked at the field level since 2018 to connect and inform ecosystem builders and advance the field. For years, the leading standard bearer in this nascent movement was the Kauffman Foundation.
Rutgers University’s Center for Urban Entrepreneurship & EconomicDevelopment is excited and honored to partner with NMSDC on their Capital Readiness Program. This collaboration signifies our commitment to empowering small businesses and fostering economic growth,” said Jasmine Cordero-West, CUEED associate director.
As the field of entrepreneurial ecosystem building has started to grow over the last decade a few books dedicated exclusively to the topic have become valuable sources of information for ecosystem builders. One only needs a passion for entrepreneurs, an innovative mindset, and a collaborative spirit.
I look forward to seeing the collaborations and creative activities they will come up with to support entrepreneurship. Silos breakdown the flow of information between actors in an ecosystem and in turn, more difficult for an entrepreneur to navigate. What is the biggest challenge you face as an Ecosystem Builder?
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. Having a physical location where entrepreneurs can collaborate will help support new, diverse innovators and help drive long-term economic growth.
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. million in bonus grant funding.
The essence of an entrepreneurial ecosystem is its people and the culture of trust and collaboration that allows them to interact successfully. An ecosystem that allows for the fast flow of talent, information, and resources helps entrepreneurs quickly find what they need at each stage of growth. Diversity, Equity, & Inclusion.
On August 20, 2021, Louisiana Angel Investor Tax Credit program rule changes made by Louisiana EconomicDevelopment went into effect. When the issue was brought to LED’s attention last fall, LED developed a unique alternative solution that did not require legislation. LED’s efforts to work collaboratively with GNO, Inc.
Impact Hub: Our policy approach At Impact Hub, we are committed to accelerating global impact through collaboration, innovation, and inclusivity. We advocate for policies that support these conditions and encourage cross-sector collaborations to address the complex social and environmental challenges we all face.
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.
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. The frustrating reality of non-collaboration. Clark Rinehart.
#Kstartup pic.twitter.com/WbG8G9wA3x — Teknobuilt (@teknobuilt) December 4, 2020 The startup signed a memorandum of understanding (MOU) with major Korean car manufacturer Daewoo E&C for collaborative work projects. Yonsei University is a prestigious academic and research institution based in Seoul.
Fearless Fund in collaboration with Amazon awards grants between $10,000 and $20,000 to black women in their B lack Business Accelerator program and the Minority Business Development Agency in the past has awarded g rants to college and universities that assist undergraduate students with entrepreneurship.
The Fund managers will partner with other area financing sources including economicdevelopment funds, banks, and local individuals seeking to make supporting Angel investments, to maximize its impact. Ben Franklin is a national leader in tech-based economicdevelopment.
Description of Role: As the leader of the E3 Alliance, the Director should be a social entrepreneur possessing a relevant professional experience with developing and delivering entrepreneurial support programming, as well as a familiarity with and a passion for fostering action-oriented collaborative networks within the Pittsburgh region. .
February 24, 2025) The New Jersey EconomicDevelopment Authority (NJEDA) and the Coriell Institute for Medical Research announced the creation of a new Strategic Innovation Center (SIC) in Camden, leveraging the world-class assets available at Coriell to support biomedical research and innovation.
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