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While it appears the SBA will be applying this approach to the existing SBA-funded national network such as SBDCs, SCORE and Women Business Centers, the announcement indicates a new funding opportunity will soon open for states, tribes, units of local governments and other nonprofit organizations.
Small Business Administration first released the Notice of Funding Opportunity for the Community Navigator Pilot Program. With the July 12 application deadline fast approaching, we wanted to address a few frequently asked questions about the program and funding opportunity. Going beyond the SBA Community Navigator model.
Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. This is exactly the wrong way to think about the economicopportunity presented by innovation.
“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.
Exclusive Membership Opportunities STATION DCs General Membership is now open to startups, venture capitalists, non-profits, government agencies, military personnel, and corporate leaders who want to leverage the organizations extensive network and resources.
During our March Quarterly Conversation, affiliates discussed the challenges moving from individual entrepreneur support organizations to a collaborative, community-based model. Check back here regularly to learn about these additional opportunities for affiliates to learn from one another.
The concept of building networks of support, or what has sometimes been referred to as, forging “entrepreneurial ecosystems”, has been a key focus for many advancing the idea that innovation and entrepreneurship will be the future of not just our recovery- but the necessary inclusive pathway for economic advancement and wealth building for all.
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. Talent seeks opportunities, and opportunities can (and must) be created.
Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. The campaign introduces people to the path of entrepreneurship, creates opportunity for collaboration and facilitates access to capital and other resources that are vital to entrepreneurial success.
Consequently, metros like Nashville, Indianapolis, Salt Lake City, and Phoenix have attracted more transplants from coastal hubs — a shift that helps spur economicdevelopment but also puts pressure on housing costs and public services. Collaboration is the hardest, but arguably the most important.
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.
To support and accelerate this momentum, the National Entrepreneur Center (NEC) and Orange County Government have partnered with SourceLink, tapping into our consulting services, software solutions and national network to strengthen and build upon the rich tradition of collaboration the NEC and Orlando entrepreneurial ecosystem have forged.
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.
Our special guest, Mark Werthmann, EconomicDevelopment Representative for Nebraska, Kansas and western Missouri U.S. Department of Commerce/EconomicDevelopment Administration joined us to discuss current funding programs and opportunities from the EDA. Update on funding from the EDA.
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.
These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economicdevelopment. The Vietnam Angel Network (VAN) provides funding, mentorship, and networking opportunities for early-stage startups. Register now!
In our commitment to entrepreneurship-led economicdevelopment, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. Entrepreneurship-Led EconomicDevelopment and Ecosystem Building. SBA Announces Community Navigator Model and Funding Opportunity.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Nicole LaChapelle – Mayor, Easthampton, MA. Don Macke – Senior Vice President, e2 Entrepreneurial Ecosystems. Nicole LaChapelle.
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 collaboration was the only EDA Technology Hub designation in Pennsylvania.
In a significant boost to the venture capital landscape of Central Pennsylvania, the region is set to benefit from the establishment of the Keystone Innovation Fund II, thanks to a generous grant of $412,598 from the US EconomicDevelopment Administration’s ‘Build to Scale Capital Challenge.’
We are experiencing unprecedented opportunities for communities to evaluate how best to respond to short-term needs while building resilient solutions for long-term success. While it might be tempting to jump right in, it’s important to take the time to evaluate successful outcomes and develop a strategy to achieve your goals.
Creating inclusive entrepreneurial ecosystems can help close the wealth gap , as entrepreneurship offers one of the greatest opportunities for personal wealth building. Identifying and filling these cultural competency gaps benefits your entire community, and it is an essential component of continued economic and social progress.
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.
Driving innovation through collaboration to create jobs is the entire reason for being of the public-private consortium of the Oklahoma Center for the Advancement of Science and Technology (OCAST), the Oklahoma Manufacturing Alliance (OMA), the Oklahoma State University New Product Development Center (NPDC) and i2E.
First, we congratulated affiliates selected to participate in the SBA Community Navigator Pilot Program including National Urban League , Nicolet Area Technical College , New Bedford Economic Council , Rochester EconomicDevelopment Corporation and Forward Cities.
Harrisburg, PA – The Wolf Administration announced today that Pennsylvania is offering opportunities to tech entrepreneurs and startup companies to grow their business by connecting with government clients and developing solutions to make governmental processes more efficient. MEDIA CONTACT: Dan Egan (OA), 717-772-4237.
Choo Heng Tong, the Executive Vice President for New Ventures and Innovation, EDB, said delivering sustainability goals is now more pressing as it also presents an opportunity for collaboration across the ecosystem to build and scale climate tech ventures.
Founded in 2017, Rainmaking APAC is a startup development company dedicated to helping businesses launch, build, and scale in their industries. Rainmaking APAC’s portfolio centers around co-founding startups in collaboration with corporate partners and entrepreneurial founders.
In collaboration with statewide economicdevelopment partners, the DPP team works with site selectors, executives and developers focused on where to locate or grow a business and helps with reviewing potential sites, cost-of-living analyses and funding opportunities, including available tax credits and incentives.
The importance of collaboration and a long-term commitment has gained wider acceptance. Governments and other actors such as large corporations and universities are not collaborating with each other nor with entrepreneurs as well as they could. These principles are adopted in many startup communities throughout the world.
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. ” There are so many ideas as to what an ecosystem builder is. Systems Thinking Perspective.
” Maggie Horne, Director of the Gannon Small Business Development Center (SBDC), echoed similar sentiments, emphasizing the importance of collaborative initiatives like the TechCelerator program in fostering innovation and supporting local entrepreneurs. cnp.benfranklin.org/techcelerator.
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.
So many similar organizations are making great things happen at small scales, and with collaborations, we are creating opportunities to make bigger impacts. Some great organizations to note: the Porter House KC , Forward Cities , Prospect Business Association , Troost Market Collective , Eastside Collaborative , CHES Inc. ,
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. headquarters.
By: Pat Gouhin, Chief Executive Officer After a tireless effort ultimately met with success, Louisiana angel investors are able to celebrate new opportunities for the early-stage ecosystem! On August 20, 2021, Louisiana Angel Investor Tax Credit program rule changes made by Louisiana EconomicDevelopment went into effect.
Paulo is the co-founder of Vale do Dendê (Dende Valley) and AFAR Ventures , a global diversity and inclusion creative and consulting agency that identifies opportunities for multinational brands, corporations and investors in emerging markets. Tara Sabre Collier. Contributor.
The unicorns in Michigan demonstrate a fertile startup ecosystem with unlimited opportunities. Last month, I had the opportunity to visit Ann Arbor during a week-long series of tech events curated by economicdevelopment engine Ann Arbor SPARK.
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. Metrics do that. They take the vague to the substantive. Ellen Bateman’s Goal 5 Experiences.
We’re very grateful for the opportunity to expand our operations while still being part of our local community here in Delaware,” said Vice President Russell Hall , who runs the company’s wholesale and e-commerce divisions.
After years of failed top-down economicdevelopment initiatives, both the provincial and the federal governments have found formulas to kickstart new companies through grants as well as repayable and non-repayable non-dilutive funding. Even prior to COVID-19, Canada cheekily took advantage of anxiety around U.S.
Patch will take empty local high street shops and turn them into “collaborative cultural spaces” with its “Work Near Home” proposition aimed at traditional commuters. Patch will unlock opportunities for talented people based on who they are, unconstrained by where they live. Now, a new U.K. Grays Yard.
Ideation or Opportunity Export and Globalization Planning. The cohort is made possible thanks to a Capital Readiness Program grant from the Minority Business Development Agency (MBDA). Its work is about correcting the unequal access to wealth-building opportunities. Exploring High Growth Emerging Markets.
The Ecosystem Building Leadership Project (EBLP) seeks to collaboratively design, create, and validate a field-wide infrastructure that will help accelerate wider understanding and adoption of ecosystem building as a practice in economic, community, workforce, and entrepreneurship development in the United States.
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