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“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.
Now more than ever, entrepreneurs and small business owners require support from economicdevelopers driving local economies forward. The Entrepreneurship Development Professional (EDP) certification. Developed with support from the Ewing Marion Kauffman Foundation and the U.S. A partnership to champion entrepreneurs.
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.
One way to do this is by engaging in Global Entrepreneurship Week , an annual initiative hosted by the Global Entrepreneurship Network that features 35,000 events across 125 countries with the goal of celebrating and empowering entrepreneurs in every community around the world—especially those who face systemic barriers. KC SourceLink.
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.
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.
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.
In celebration of Global Entrepreneurship Week , SourceLink’s Dara Macan and Rob Williams recruited a panel of local ecosystem builders in Fort Worth, Texas, northern Louisiana, Iowa, and Puerto Rico to share valuable communication tips and strategies in this interactive webinar. We would love to hear how your community is doing.
Basically, this is the government's response to helping disadvantaged communities, but Scott helps explain to us why we should care and why it's important. From a high level overview, Opportunity Zones are those communities in America that have a lower median income and have a higher poverty rate. Opportunity Zones and What They Are.
Building Startup Communities 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.
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.
What is your strategy for hiring the ideal team amid post-pandemic Quiet Quitting ? These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economicdevelopment. Talent shortage: Skilled employees are hard to find. Register now!
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.
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. No less than Fred Wilson has credited Carlota’s work with having a major influence on his investment strategy at USV.
There’s a new community network emerging to help entrepreneurial ecosystem builders connect, learn, and grow— Startup Communities: The community for entrepreneurial ecosystem builders. Startup Communities: The community for entrepreneurial ecosystem builders to connect, learn, and grow. Entrepreneurial Recycling.
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. On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp.
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.
. – The New Jersey Motion Picture and Television Commission (NJMPTVC), part of the New Jersey EconomicDevelopment Authority (NJEDA), announced today that 14 municipalities and four counties have completed the Film Ready New Jersey Program and are now designated as Film Ready Communities.
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.
They are the hidden gems in the economicdevelopmentstrategy and downtown reinvestment efforts of every place (yes, I really mean every place). You already have some type of small-scale manufacturing business in your community, and as you learn more about these businesses in this book, you may start to notice them.
While creating a diverse ecosystem that supports diverse entrepreneurs is emerging as an important economicdevelopmentstrategy, many communities struggle with how to create an environment that truly fosters inclusivity.
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. The Valley has been a unique place for over half a century.
Christina Theodoraki is Assistant professor in Entrepreneurship & Strategy at Toulouse Business School. Her thesis entitled “Towards an Ecosystem Approach to the Strategy and Performance of Incubators” received two Best Dissertation in Management and Entrepreneurship Awards. ” (#18303, August, Vancouver ).
Such was the case 38 years ago when Governor Dick Thornburgh rose to the challenge of one of the most precarious economic periods in Pennsylvania history. After years of decline, the industries and jobs synonymous with our communities were rapidly disappearing and the state unemployment rate loomed at nearly 15 percent.
The Black and Latinx Seed Fund will be administered by the New EconomicDevelopment Authority (NJEDA). NJEDA CEO Tim Sullivan said based on research conducted by the state, that New Jersey is the first state in the nation to develop this type of fund. I think two of the centerpieces of Gov.
Anchor Institutions’ Contributions to Building Inclusive Small Business Ecosystems was jointly developed by Local Initiatives Support Corporation (LISC) and Forward Cities with support from the Annie E. One lesson that emerges from the case studies is the imperative to more rigorously evaluate the impacts of Anchor strategies.
Small Business Development Centers (SBDCs): Administered by the SBA, Centers are located around the country to be a local resource that is either free or low cost to small business owners. The Centers often reside within universities, colleges or state economicdevelopment agencies. Check out M eetups and LI Groups.
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.
November 28, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) today announced the opening of the NJ Capital Access Fund. The SSBCI funds, matched with raised private capital, will be used to purchase up to 80 percent of every eligible loan by participating community lenders.
We must build consensus on these cornerstones of our profession to facilitate communication and collaboration within the field and make ecosystem building practices more accessible to the broader community.” Community Focus. ” There are so many ideas as to what an ecosystem builder is. ” Jacqueline Summers.
February 15, 2024) – To respond to challenges faced by New Jersey technology and biotechnology companies in raising capital, the New Jersey EconomicDevelopment Authority (NJEDA) is launching monthly Innovation Programs Office Hours to highlight programs offered by the Authority to stimulate the innovation economy.
April 24, 2024) – The New Jersey EconomicDevelopment 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. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J.
I tend the soil to make sure it has the right building blocks to support a thriving, diverse, and resilient local community. We’re using business to build community resilience. Together, we work to develop an off-ramp for business owners seeking to retire by selling the business to their employees.
Center Will Help Accelerate Innovation, Research and Development, and Entrepreneurship in NJ’s Offshore Wind Industry TRENTON, N.J. About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the State’s principal agency for driving economic growth.
June 19, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) and AfroTech have partnered to host AfroTech Executive 2024 in Newark during this year’s North to Shore Festival. We are thrilled to partner with AfroTech, which has been dedicated to uplifting the Black community in the tech and innovation sectors.
September 21, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) today announced the establishment of the Diversity Finance Advisory Board (DFAB) which will work to increase access to institutional capital for women- and minority-owned startups. Harmon, Sr.,
Report aims to guide and further develop the state’s international business relationships TRENTON, N.J. The report, which will be released annually, aims to guide and further develop international business relationships with the state, while bolstering Governor Murphy’s global economicdevelopment goals.
July 17, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. About the NJEDA The New Jersey EconomicDevelopment Authority (NJEDA) serves as the State’s principal agency for driving economic growth.
The New Jersey EconomicDevelopment Authority (NJEDA) is extending the deadline of its Request for Expressions of Interest (RFEI) for the planned New Jersey Green Fund (NJGF) indefinitely, until a formal application is launched.
As entrepreneurial ecosystem builders, we’re united in our belief in the impact of entrepreneurship and entrepreneurial ecosystem building as a strategy to build, and now rebuild, economies. We know firsthand the struggle and frustration of explaining the importance and impact of working to support and grow entrepreneurship in a community.
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.
The Federally established State Small Business Credit Initiative support investments into New Jersey companies Through the use of three unique investment strategies funded through the federal State Small Business Credit Initiative (SSBCI), the New Jersey EconomicDevelopment Agency (NJEDA) is supporting New Jersey small and early-stage businesses.
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. On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp.
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