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Cheaper rents could make it a great place for the creative community and there''s no reason why it shouldn''t become as popular a destination for out of town events the same way that Austin has. What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community.
Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to developstartup ecosystems. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.
“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.
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. Starting and growing a business can prove to be a daunting endeavor within any market.
This is a call for input for a brief survey on local policies or programs to support startupcommunitydevelopment. economicdevelopment agencies, foundations, chambers of commerce, non-profits). I am particularly interested in policies or programs that: Enhance bottom-up, community-driven solutions (e.g.,
Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. Hear Network Building Strategies from Communities Around the U.S. We would love to hear how your community celebrates entrepreneurship. Register here: [link]. KC SourceLink.
After three eventful years , I’m excited to say that my new book— The StartupCommunity 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.
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?
To effectively support any entrepreneur, you must develop an infrastructure of resources in your community. After working with over 100 communities, we know that resources tend to cluster around the type of entrepreneur served and stage of business. Include resources that specialize in supporting new entrepreneurs.
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.
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. Zoning impacts everything — collaboration, economic opportunity, climate, and long-term resilience.
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.
Washingtons Premier Connector of Tech and Policy Leaders Welcomes the Next Generation of Innovators that includes Delta Force, an annual cohort designed to support 6-10 of DCs most promising startup founders. Additionally, STATION DC is launching Delta Force, an annual cohort designed to support 6-10 of DCs most promising startup founders.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. But to answer the actual question “Is there something going on in LA?”
Building StartupCommunities is the Way to Economic Growth and Recovery. All across the country, communities need to jump start and rebuild their economies. And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses.
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.
There’s a new community network emerging to help entrepreneurial ecosystem builders connect, learn, and grow— StartupCommunities: The community for entrepreneurial ecosystem builders. StartupCommunities: The community for entrepreneurial ecosystem builders to connect, learn, and grow. Storytelling.
From navigating complex regulations and securing funding to connecting with and growing a network, entrepreneurs in Vietnam face a unique set of challenges as they build their businesses: Access to capital: Securing funding for a new business can be elusive, particularly for startups. Register now! and more articles from the EO blog.
Nine tech-companies in central and northern PA, that were adversely affected by COVID-19, received an investment from Ben Franklin Technology Partners/CNP that will allow them to stabilize their operations and further develop and commercialize new products, processes, or software applications. www.cnp.benfranklin.org. www.cnp.benfranklin.org.
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.
At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Market : The startup is addressing a significant, often underserved, need or problem in the market.
STATE COLLEGE, PA – Every year, dozens of PA startups get their start with Ben Franklin Technology Partners. The post STARTUPS RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS appeared first on BFTP/CNP. www.cnp.benfranklin.org.
Nigerian agritech startup Releaf is solving this by building proprietary hardware and software solutions to make these farmers and food factories more efficient and profitable. In addition to the seed round, the agritech startup secured $1.5 Today, the company is announcing that it has raised $2.7 million in seed towards this effort.
SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. The five-year development plan utilizes $25 million from the New Jersey EconomicDevelopment Authority. companies working toward their seed round.
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 economic growth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP.
On October 1st, 2014, after more than two years of partnership and development, Gust proudly joined the Mayor of the City of New York and IBM in announcing the launch of Digital.NYC , NYC’s new official hub for tech and startups. praised the hub and its place in the community. Gust News'
December 20, 2024 ) Applications for Delawares fifth annual Startup302 funding competition will be accepted January 2 through 26 from technology-enabled startups with high-growth potential and at least one founding team member from an underrepresented group. Thanks to sponsors, there is no charge to enter.
STATE COLLEGE, PA – Seventeen companies located in central and northern PA recently received an investment from Ben Franklin Technology Partners that will allow them to further develop and commercialize new products, processes, or software applications. To learn more about Ben Franklin, visit cnp.benfranklin.org. www.vinoshares.com.
The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent.
On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business.
In partnership with the Startup Alleghenies initiative, Ben Franklin Technology Partners is pleased to congratulate the winners: First place ($25,000) was awarded to Timothy & April Kretchman, with Action Driven Education in Somerset County. The post WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED! appeared first on BFTP/CNP.
Igniting Startup Ecosystems. What ignites a startup ecosystem? Thriving startup ecosystems are good for the economy, good for society, and good for pretty much everyone. Successful startupcommunities often grow organically without any deliberate plans or resources. But ecosystem building is hard.
Local broadband providers offer greater access to achieve economic prosperity Rural economies and communities benefit from access to fiber broadband, boosting entrepreneurship, income, and business investments. underserved communities with a lack of broadband or limited internet access, 2.
There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment. More than $120,000 in startup capital was awarded during business competitions throughout the week. What resource organizations are in our community that we aren’t currently engaging with? Celebrate your entrepreneurial community.
And yet, our economic policies espoused by governments and traditional economicdevelopers continue to focus on attracting existing big businesses. But ecosystem building still hasn’t gone mainstream—it’s a mostly unknown approach to economicdevelopment. The goal of ESHIP Goal 6 is to change that.
Does it mean that big tech will always choose to invest in coastal cities, further enriching strong startup ecosystems? But to say that the end result dispels the notion that great companies can start and scale anywhere suggests that startup ecosystems require a big tech outpost to progress. I just don’t believe that to be true.
Recently, I worked with a community that was struggling to explain what they thought success looked like in ten years to their funding organizations. The traditional economicdevelopment approach uses static and reactive metrics – the number of jobs created, capital investment dollars, and companies recruited – on an annual basis.
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 economic growth across Oklahoma and beyond. i2E, Inc.,
STATE COLLEGE, PA – At the September 2019 Board of Director’s meeting the largest early-stage investor in the region, Ben Franklin Technology Partners added five additional startups to its portfolio of funded clients. Below are brief descriptions of the innovations developed by the companies. www.constance.one. www.cnp.benfranklin.org.
Emerging entrepreneurs and small business owners who are developing a new, product, process, or software application – and need startup funding, need to know about the Ben Franklin program. Tech-startups and small manufacturers have been getting their “start” with Ben Franklin Technology Partners for nearly 40 years.
It hosts an environment which many other communities have attempted to emulate, although they haven’t and won’t. Many other communities are entrepreneur-friendly and, by any measure, have the tools in place to spawn new high growth companies. Still, the competition in the Valley is fierce. But, don’t create false expectations.
Tara Sabre Collier is an early-stage impact investor with more than 15 years of experience at the intersection of economicdevelopment, social entrepreneurship and impact investment. Over the last five years, Brazil has witnessed a startup boom. It attracted backing from Facebook Brasil and grew 770% in 2020.
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