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CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem

American Entrepreneurship

The companys collaboration with the New Jersey Economic Development Agency is a boost to the states program to attract AI companies for its innovation economy. The company also acquired AI platform developer Weights & Biases for $1.7 billion, expanding its capabilities in the AI development lifecycle.

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Ben Franklin Technology Partners of Central & Northern PA and Central PA-based venture capital partners win EDA grant to strengthen capital access for regional technology companies

Ben Franklin Technology Partners

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 Economic Development Administration’s ‘Build to Scale Capital Challenge.’

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WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!

Ben Franklin Technology Partners

The team is developing a web-based APP that empowers the development of an effective education for children with disabilities. HHG Drums manufactures high-end snare drums using a unique solid wood construction and Nurse Navigator Solutions offers external nurse navigation services to urology medical practices and their patients.

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Five PA Companies To Receive Funding from Ben Franklin Technology Partners!

Ben Franklin Technology Partners

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. Impulse Technology, located in Centre County, has developed a patented, self-aligning prosthetic ankle that enhances mobility and comfort.

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Applications Open for NJEDA’s Construction Inflation Fund

American Entrepreneurship

September 5, 2023) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Construction Inflation Fund, which will provide grants for development projects experiencing increased construction costs and funding gaps resulting from inflation caused by the COVID-19 pandemic.

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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

(November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.

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Fisher’s Popcorn of Delaware chooses Delaware for major expansion of manufacturing and wholesale operations

American Entrepreneurship

Fisher’s Popcorn officials presented to Delaware’s Council on Development Finance an application for a Jobs Performance Grant of $60,000 and a Capital Expenditure Grant of $145,500 from the Delaware Strategic Fund to support the company’s investment in construction, fit-out costs and new equipment.