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Now more than ever, entrepreneurs and small business owners require support from economicdevelopers driving local economies forward. The Entrepreneurship Development Professional (EDP) certification. The Entrepreneurship Development Professional (EDP) certification. A partnership to champion entrepreneurs.
“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.
To developsustainable hub-and-spoke models of entrepreneurship-led economicdevelopment, lead agencies need to go further than identifying trusted ambassadors in their communities. This is critical to long-term sustainability of these networks. Information is available from the SBA Information Notice (PDF).
This federal shift in investment and policy represents a tremendous opportunity for economicdevelopers, community champions and grassroots ecosystem organizers who want to transform their local economies as their community recovers from the devastating economic impact of COVID-19. Going beyond the SBA Community Navigator model.
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. How can your programming be sustainable and live beyond this grant cycle? This approach has resulted in sustainable success for IASourceLink. Don’t give up.
In 2021, we saw new programs and funding opportunities from the EDA and SBA to rebuild, sustain and grow entrepreneurship. At SourceLink, we continued the entrepreneurial ecosystem building work we’re known for while proactively developing ways to bolster this renewed wave of support.
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.
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.
and abroad with entrepreneurship at the forefront, it’s more important than ever to rethink and reboot as one global ecosystem to support a more sustainable and equitable world. As the economy continues to recover in the U.S. Global Entrepreneurship Week 2021: November 8-14. Register here: [link].
On the podcast Breaking Down Barriers , Dell Gines, senior community development advisor for the Federal Reserve Bank of Kansas City, explained: “You can’t say you’re an ecosystem builder if you’re not an inclusive ecosystem builder. These resources can help you get started: IEDC’s Playbook for Equitable EconomicDevelopment.
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. Entrepreneurial development in rural areas is needed now more than ever.
Goal 7 Sustainable Work: Develop professional recognition and resources for ecosystem builders. To sustain the work of ecosystem building, we must equip our practitioners for the long haul with a professional job description, training programs, ongoing peer support, and sustainable funding models. Voices from the field.
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.
Thank you to our fantastic panelists Preston Langley ( Launch Network ), Cameron Cushman and Marco Johnson ( Sparkyard ), Denisse Rodríguez and Natalia Alicea Morales ( Colmena66 ) and Kyle Coogler ( IASourceLink ), and hats off to the Global Entrepreneurship Network on facilitating another successful GEW.
Developing a vibrant and rich online and in-person network. Tracking, measuring and reporting are key components for growing and sustaining an entrepreneurial support network. It plans to build on the rich tradition the NEC has set with their in-person offerings and expand it online and into the surrounding community.
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. The Administrator will develop and manage a statewide AI Challenge and disburse sub-grant awards to challenge winners.
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.
The companys collaboration with the New Jersey EconomicDevelopment Agency is a boost to the states program to attract AI companies for its innovation economy. Despite the IPOs scale, investor enthusiasm was tempered by concerns over CoreWeaves financial sustainability. The company reported $1.92
A successful entrepreneur, businessman and EO Bahrain member, Suhail Algosaibi had long thought about how he could use his position and his company—FALAK Consulting—to make real, radical and sustainable change in his corner of the world. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says.
Leverage support organizations Vietnam has multiple support organizations to help entrepreneurs navigate these complex issues and create sustained business growth. These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economicdevelopment.
Silicon-Valley based VC firm 500 Global and German’s economicdevelopment agency Gesellschaft fu?r r Internationale Zusammenarbeit (GIZ) will train managers of leading accelerators in Africa over the next two years, to help them establish sustainable business models that commandeer greater influence in their ecosystems.
And yet, our economic policies espoused by governments and traditional economicdevelopment approaches continue to focus on attracting big businesses. It’s time for a radical rethink in how we do economicdevelopment. This focus needs to stop.
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. Specifically: Founder : The team possesses the necessary skills, temperament, and experience to execute the startup’s vision.
Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking. I would like to know how to best measure and track entrepreneurship and economicdevelopment in a non-traditional way. and abroad between February and September 2020. Denisse Rodriguez.
(January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $500,000 in funding to seven New Jersey startups under the Food and Agriculture Research & Development Pilot Seed Grant Program. “Congratulations to the seven grant awardees, said CSIT Chair and BioNJ President and CEO Debbie Hart.
This four-part series addresses why tracking and measuring the activity of your entrepreneurial ecosystem is crucial to its long-term sustainability and the economic success of your community. Part 1: Why […]
Providing access to key funding and facilitators who can make a difference in their development is a vital part of helping startups realize their potential, said DPP Director of Innovation Noah Olson. Thanks to sponsors, there is no charge to enter.
The company’s sustainable growing techniques yield nutritious, chemical pesticide-free non-GMO fruits and vegetables at scale, using 90 percent less water than traditional open-field agriculture and 100 percent recycled rainwater. be able to start and scale anywhere in the country.
This investment will support the development of innovative, safer EV charging stations. Advanced Power & Energy is set to change the game by manufacturing charging stations with advanced zinc nickel batteries, ensuring a safer and more economicallysustainable solution while alleviating stress on the power grid.
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.
PlayPrint , founded by Kevin Zhang and Syed Bokhari (Centre County): Offering innovative, eco-friendly alternatives to children’s toys, PlayPrint focuses on creativity, educational value, and sustainability.
And in the next two years, Wavemaker Impact hopes to launch 8 to 12 new sustainability-focused businesses. The climatetech venture builder also has the support of EDB New Ventures, the venture-building arm of the Singapore EconomicDevelopment Board.
The $300,000 fund combines capital from both organizations and will invest in and promote business growth and economicdevelopment, exclusively in Erie County. Ben Franklin Technology Partners, an award-winning technology based economicdevelopment program, is among the most widely known and emulated initiatives in the nation.
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. www.arbitratorintelligence.com. www.magnitudeinstruments.com. www.notepromd.com.
Partnerships help bring long-term sustainability including economicdevelopment, entrepreneurship, safe neighborhoods, expanded workforce, and education. So the spirit of this initiative is economicdevelopment as well as community development & social impact.
Jamil Wyne is an advisor, investor and author focusing on entrepreneurship, technology and economicdevelopment in emerging markets. Jamil Wyne. Contributor. He has worked with the World Bank, IFC, UN, Clean Energy Venture Group, Schmidt Futures, Ashoka, and other organizations. More posts by this contributor.
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.
Thornburgh understood emerging economic trends and had a vision for Pennsylvania. His idea embraced the promise of high-paying, sustainable jobs created because of technological advances and breakthroughs achieved by the Commonwealth’s tech-based entrepreneurs and innovative manufacturers. The Commonwealth needed a path forward.
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. He began working with plant-based meat after serving as general manager of Country Foods, a Singaporean importer and distributor that focuses on innovative, sustainable products.
Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder. It seems they’re attracted to tech that enables wider socio-economicdevelopment because it offers a scalable and efficient way to make an economic impact.
. “As a leader in this emerging space, we have the technological capability to connect disparate systems and use big data to make buildings more transparent, healthier, engaging and sustainable. He then served as the deputy mayor under Rahm Emmanual, where his responsibilities included economicdevelopment and urban planning.
Today’s news is another historic milestone for us and for the entire industry as it brings us all closer to a more scalable and sustainable production of real meat without slaughter,” said Eat Just head of communications Andrew Noyes.
As Forward Cities journeys with communities to develop equitable entrepreneurial ecosystems, one thing we are learning is that our collective imagination around entrepreneurship will have to expand. To them, those enterprises seemed less like examples of entrepreneurship and more like examples of community development.
Program will Provide Grants up to $250,000 to Assist Small-Scale Developers in Gaining Access to Capital TRENTON, N.J. March 8, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) will host in-person and virtual information sessions to introduce the newly established $20 million Emerging Developers Grant pilot program.
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