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Husk Power Systems , a clean energy company that has been at the forefront of fueling rural electrification since 2008, is planning to launch 500 solar mini-grids in Nigeria over the next five years. “We welcome the Energy Compact commitments made by Husk Power and appreciate their leadership.
$43 million invested to foster regional collaboration to support the economicgrowth of communities through innovation Universities, nonprofits, businesses and other organizations across the U.S. These first-time awards were given to 44 teams around the country tasked with driving American innovation into the future.
Some say that economicgrowth and environmental protection are on opposing sides. Developing countries like India and China have slowed or leveled off coal consumption as renewable energy sources become cheaper. Growth is not an enemy to the planet. The circular effect impacts us as entrepreneurs and leaders, too.
A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology Partners of Central & Northern Pennsylvania.
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economicgrowth.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City.
To seize a future of energy abundance, we must simplify the generation, transmission, and consumption of electricity; this entails decentralizing the grid. This is a critical ratelimiter and cost driver in our energy transition. Even far more optimistic projections estimate 64% and 34% growth, respectively.
We believe growth is progress – leading to vitality, expansion of life, increasing knowledge, higher well being. We agree with Paul Collier when he says, “Economicgrowth is not a cure-all, but lack of growth is a kill-all.” We believe everything good is downstream of growth. It serves us.
PureLine Putting (Michael Irvin), creators of a revolutionary putting aid for golfers, clinched the runner-up position, walking away with $5,000 to further develop their product. “Their dedication and ingenuity exemplify the vibrant entrepreneurial ecosystem thriving in our community.” Premier Manufacturing – d.b.a
This multiplier effect is powerful for economicgrowth, but comes with drawbacks. Real estate developers love to build high-rise offices and condos for that tech worker, but are less excited (and often less incentivized) to build housing for the additional five, lower paid, employees.
Dozens of emerging entrepreneurs who are developing an innovation related to the maker economy, forest products, outdoors and recreation and even tech manufacturing, visited the site to check out the rules, eligibility, and application process.
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.
Apprentiscope ApprentiScope is transforming workforce development in the United States by making modern Registered Apprenticeships scalable. Lenoss Medical Designed and developed the first and only biological solution to treat osteoporotic spinal fractures. Lenoss Medical Lenoss Medical Inc. 2021 Ez-Probate Inc. management.
Ten startup companies located in Central and Northern PA recently received an investment from Ben Franklin that will allow them to further develop and commercialize new products, and software applications, or stabilize operations in a long-standing manufacturing business.
(November 21, 2023) – Last week, the New Jersey EconomicDevelopment 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.
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.
Program offers loans to finance clean energy projects or the creation or expansion of clean energy businesses TRENTON, N.J. April 12, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) will host a virtual public information session on the New Jersey Clean Energy Loans (NJ CELs) Program on Monday, April 17 at 1:00 p.m.
Uwana Energy provides affordable solar energy products to low-income Nigerian microentrepreneurs. Hinata Energy aims to provide affordable energy for a healthier cooking environment by offering biofuel-powered cookstoves. Electricity and gas supply. About 80 million Nigerians face daily blackouts. Financial activities.
October 2, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 The two highlight New Jersey entrepreneurs with a proven record of successful business growth in the state.
The climate literacy framework guides the governments affiliated to the United Nations on how to introduce climate change and sustainable development goals in education curricula. They will be growing up in a world where sustaining the environment will be as important as making headways in technological developments.
” For Rubi Labs, the duo developed technologies and filed a number of patents. million, which is largely earmarked to develop the product from the concept and sample-scale to launch commercialization. Rubi is also in discussions with various multinational energy and manufacturing companies to provide CO 2 to scale up production.
June 21, 2023) – In May , the New Jersey EconomicDevelopment Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge). Wind energy is our future. TRENTON, N.J.
Their work extends vehicle life, aligns with sustainable development goals, and promotes cleaner city environments, making a profound impact on local communities. Economically, their innovative solutions have enabled local businesses to save on operational costs, which in turn has spurred job creation and economicgrowth within the community.
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey EconomicDevelopment Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.
The investment focus, within rural Colorado, is on founders and entrepreneurial teams in outdoor recreation, B2B SaaS (Govtech, Cybersecurity), Energy, Aerospace, CPG, and Agtech industries. Similar to Fund I, Fund II will invest in 25-30 companies with an average initial check size of roughly $500k.
The investment focus, within rural Colorado, is on founders and entrepreneurial teams in outdoor recreation, B2B SaaS (Govtech, Cybersecurity), Energy, Aerospace, CPG, and Agtech industries. Similar to Fund I, Fund II will invest in 25-30 companies with an average initial check size of roughly $500k.
And if we can take, at least for the most part, a tech-agnostic approach as it relates to AI development and adoption, I think that that would be more helpful. We’ll be considering actual bills, we’ll be developing bills, and we’ll be voting on them. And we were able to personalize that argument state by state.
This might be by addressing legacies of discrimination, equalising voices and resources, dismantling existing power structures, reframing narratives or challenging the approaches that perpetuate existing social and economic inequalities.
This concludes with 10 finalists who each gain access to three months of training so they can continue developing their business idea, and three further months to get it on its feet. Nevertheless, as Sonia Pérez states, “the driving force is always the energy, capabilities and generosity of all female entrepreneurs”.
As an emerging field that is challenging the status quo of entrepreneurship in economicdevelopment, ecosystem builders are bound to run into obstacles along the way which – if repeated and consistent – make us want to pull our hair out. and abroad between February and September 2020. Eric Parker. Jacqueline Summers.
In a panel discussion called “Making Digital Payments Work for Market Development: A Conversation with the U.S. Compared to digital payment systems, cash economies are limited, with less access to credit and fewer opportunities for growth. As Manisha Singh, acting under secretary for economicgrowth, energy, and environment at the U.S.
Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. A Biden presidency doesn’t need a Green New Deal to make progress on climate change. ” Climate resiliency .
(April 15, 2024) – Last week, the New Jersey EconomicDevelopment Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.
These hubs, often located in cities or regions with a strong focus on tech development, bringing together startups, investors, academic institutions, and industry leaders to drive growth and create new solutions for the economy of tomorrow.
“We are convinced that the contribution of these type of companies, especially the scale-ups, is super significant to the prosperity and to the economicgrowth of the country.
Learn More NT-Tao raises $22M Series A Alternative energy pioneer NT-Tao raised a $22M Series A round for its nuclear fusion technology. The company is developing a high-density, compact fusion reactor to provide a clean and sustainable energy source. OurCrowd has an allocation in Surgical Theater’s CLA at a 20% discount.
The gods saw fit to bless my kingdom with sufficient food and energy to weather this storm. Usually, Japan and the EU are happy to have a weak Yen or Euro vs. the rest of the developed world. Let’s listen to former Fed Chairman Ben Bernanke in a 2002 speech he gave before the National Economic Club. How can the US help?
and our wealth will not remain constant in energy terms. Since late last year, the market has been waiting for the signal that the Fed is more concerned about economicgrowth than inflation. For if we fail in this endeavour, even if we are technically “investing”, all we are really doing is paying fees to intermediaries?—?and
Summit of the Americas inspires commitments on migration, green energy and climate. The United States and partner nations across the Western Hemisphere came together at the ninth Summit of the Americas in Los Angeles to forge regional agreements and partnerships on subjects from green jobs to COVID-19 aid and economicgrowth.
Tyler: So how much more green energy do we need to, in essence, fuel all of this AI, and where will it come from? So the good news with AI and the good news with also, by the way, with crypto, because there’s always a lot of controversy around crypto and Web3 and blockchain around energy use. Marc: Yeah. Marc: Yeah.
Beyond the numbers, the impact of that capital has also translated into jobs, economicgrowth, and success stories that have inspired others to start or back companies in their hometowns. The investment, intended for overlooked areas, would spur regional innovation in sectors such as clean energy and personalized medicine.
And given that everything produced by humanity depends on energy, all wars are won and lost on the availability of energy. For this essay I will focus on oil’s supply, demand, and price as a proxy for global energy. The countries/economic blocs in question are the United States (US), European Union (EU), China, and Japan.
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