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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. What is the SBA Community Navigator Model?
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. What is the SBA Community Navigator Model?
SourceLink®, the National League of Cities (NLC) and the Ewing Marion Kauffman Foundation are pleased to announce the results of recent efforts to advance entrepreneurial development in Kankakee and Belvidere, Illinois. Committed partnerships. Entrepreneurial ecosystem expertise.
In 2017, we shared 3 ways to empower your entrepreneurial community. Racial wealth disparity is a major barrier to thriving communities and economic growth. Creating inclusive entrepreneurial ecosystems can help close the wealth gap , as entrepreneurship offers one of the greatest opportunities for personal wealth building.
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.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Youth entrepreneurship and community cohorts can also help drive more entrepreneurship in rural regions.
“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. Identify Potential Allies.
Ramon Ray got a chance to talk with Scott Turner, the Executive Director of the White House Opportunity and Revitalization Council, which is quite a mouthful, so you can refer to it as WHORC. Opportunity Zones and What They Are. These are considered vulnerable communities, or distressed communities. . How It Helps SMB’s.
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.
They’d like to see us continue spotlighting best practices and community success stories in our newsletter and on socials, so please be sure to follow us on Twitter , Facebook and LinkedIn for the latest and greatest from our network! webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment.
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.
After collectively witnessing many of our main street and small businesses across the country close in 2020, there arose a new sense of appreciation for the value entrepreneurs bring to our communities and our economy. In 2021, we saw new programs and funding opportunities from the EDA and SBA to rebuild, sustain and grow entrepreneurship.
We are living in an unprecedented period of economic transformation and this is a chance for us all to be thoughtful about how these newly infused funds will be used to benefit underserved small businesses in our local communities, long-term. The SourceLink?
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.
During our March Quarterly Conversation, affiliates discussed the challenges moving from individual entrepreneur support organizations to a collaborative, community-based model. Denisse Rodriguez from Colmena66 has found one of the best ways to foster relationships in your network is to hold resource partner meetups.
They could be seizing upon an opportunity to make their business ownership dream a reality, exploring an idea that creates positive social change, or they may be acting out of necessity because of a change in circumstances such as the loss of a job. Early-stage entrepreneurs, like all entrepreneurs, have their own set of unique needs.
Today marks the start of Global Entrepreneurship Week, an annual initiative that shines a light not only on the value entrepreneurs bring to our communities and global economy, but also the importance of building infrastructures that make it easier for them to start and scale their businesses. SourceLink?
ERIE, PA – Ben Franklin Technology Partners is pleased to announce a partnership with the Erie Community Foundation creating the Hartman Innovation Fund for startup technology and existing small manufacturers in Erie County, PA. About Ben Franklin Technology Partners. appeared first on BFTP/CNP.
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. Dynamism creates vitality and job opportunities that are key to a city’s success.
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. Showcase your impact.
STATION DC was launched by Capital Factory, in partnership with the City of Washington, DC, as a community-driven coworking and event space designed to support diverse entrepreneurs, creators, and changemakers. As the official D.C. This is the place to build if you want to solve problems of consequence and change industries at scale.
She is also the co-founder of Build In SE , a community of founders, funders and ecosystem partners committed to company building in the Southeast (#BuildInSE). When we think about the opportunity beyond Silicon Valley, we are really speaking of America. America is the opportunity and we are worthy of investment, aren’t we? “We”
Damaris, a 2017 YLAI Fellow, is working hard to combine her love for her home country of Nicaragua and her love of tourism to give back to those in her country, providing employment and education opportunities across her community. Through tourism, I am giving the opportunity to local kids to dream for a better future,” she says.
i2E Receives 2024 Excellence in EconomicDevelopment Bronze Award from the International EconomicDevelopment Council IEDC’s annual Excellence Awards honor the economicdevelopment organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the profession i2E, Inc.
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. How to Build an Inclusive Entrepreneurial Community. Entrepreneurship-Led EconomicDevelopment and Ecosystem Building.
After three eventful years , I’m excited to say that my new book— The Startup Community Way: Evolving an Entrepreneurial Ecosystem , with Brad Feld —is officially available to the public today! I learned so much in the process and developed a large number of meaningful relationships along the way that will last a lifetime.
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! and more articles from the EO blog.
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.
When my friend and the father of LA’s tech startup community Bill Gross first demonstrated his company GoTo.com (renamed Overture) on stage at a TED conference he was actually booed (True story. We literally are a land in which people left their stable East Coast homes in search of opportunity and a chance to start fresh.
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. My family and community invested so much into me, I have always felt the need to repay the investment.
The Czech Republic may be better known for beer, hockey and the sights of Prague, but its entrepreneurial community is as ambitious as any. Still, new opportunities are popping up in remote work, psychedelics and wellness. What are some overlooked opportunities right now? Developer tools, communication apps, applied AI.
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.
Fostering these entrepreneurs and the economies they impact is a direct result of ACA’s mission to fuel the success of angel investor community. ACA members and groups enjoy unprecedented education and networking opportunities, brought to them by the trusted authority in angel investing.
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. In the last decade, we’ve socialized several Rise of the Rest-isms to describe investments that check those boxes. Plastomics: St.
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 achievement is part of a nationwide initiative by the U.S.
Prizes include cash grants from a pool of over $100,000 along with mentorship opportunities and connections with potential investors and key influencers. Additional sponsorship opportunities are available.
Jeff chats with Laura Grannemann, vice president of strategic investments from the Rocket Community Fund, to learn more. ” – Laura Grannemann, vice president of strategic investments from the Rocket Community Fund. ” – Laura Grannemann, vice president of strategic investments from the Rocket Community Fund.
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. What is the new normal for your team and network?
Community members frequent local businesses for convenient use of their services and places to come together and socialize. It supports main streets, downtown business districts, small businesses, and local communities across Pennsylvania. This support helps Pennsylvania attract and retain new residents and businesses.
Ben Franklin, which has been investing in tech startups and small manufacturers for nearly 40 years, recently received additional funding support of $1 million from the Department of Community and EconomicDevelopment (DCED) to invest in its portfolio clients that have been adversely affected by COVID-19.
Ben Franklin Technology Partners has been offering Pennsylvania entrepreneurs and small manufacturers the opportunity to compete in our risk-free BIG IDEA contests for nearly 20 years. ARC’s mission is to innovate, partner, and invest to build community capacity and strengthen economic growth in Appalachia.
There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment. Our virtual monthly meetings are focused on emerging opportunities to connect our Resource Partners in joint projects.”. What resource organizations are in our community that we aren’t currently engaging with?
Small-scale manufacturing businesses help us create thriving places, with business ownership opportunities and good-paying jobs that other business types cannot fulfill. They are the hidden gems in the economicdevelopment strategy and downtown reinvestment efforts of every place (yes, I really mean every place).
Fostering these entrepreneurs and the economies they impact is a direct result of ACA’s mission to fuel the success of the angel investor community. ACA members and groups enjoy unprecedented education and networking opportunities, brought to them by the trusted authority in angel investing.
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