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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.
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.
Innovation stimulates entrepreneurship. The more successful the new companies are in top-line revenue, bottom-line profitability and gross margins, the more taxes paid and the more potential dollars that the state can plow back into research and development, thus perpetuating the cycle of innovation and job creation.
Mostly remote six-month program leverages New York-based Federally Designated Battery Tech Hub The National Science Foundation as part of its mission to spur innovation across the U.S. Part of this initiative was used to open the new accelerator ChargeUp in upstate New York , focusing on battery innovations. awarded a $4.5
January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 The innovative ideas of New Jersey entrepreneurs are essential to helping the state achieve its clean energy goals, said CSIT Executive Director Judith Sheft. TRENTON, N.J. In 2023, the NJEDA awarded more than $3.6
In partnership with the PA WILDS Center for Entrepreneurship, and with funding support provided by the Appalachian Regional Commission (ARC), Ben Franklin Technology Partners’ recent innovation competition targeted the counties of Centre, Clarion, Clearfield, and Jefferson. appeared first on BFTP/CNP.
Car companies and suppliers such as LG Energy, SK Innovation, Panasonic and Samsung are investing more than $38 billion through 2026 to boost battery production in the U.S., Automakers and suppliers are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade.
Choo Heng Tong, the Executive Vice President for New Ventures and Innovation, EDB, said delivering sustainability goals is now more pressing as it also presents an opportunity for collaboration across the ecosystem to build and scale climate tech ventures.
.” Maggie Horne, Director of the Gannon Small Business Development Center (SBDC), echoed similar sentiments, emphasizing the importance of collaborative initiatives like the TechCelerator program in fostering innovation and supporting local entrepreneurs. Premier Manufacturing – d.b.a
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.
Jamil Wyne is an advisor, investor and author focusing on entrepreneurship, technology and economicdevelopment in emerging markets. He has worked with the World Bank, IFC, UN, Clean Energy Venture Group, Schmidt Futures, Ashoka, and other organizations. Jamil Wyne. Contributor. More posts by this contributor.
Spring is a season of growth and new beginnings that often leads to a renewed sense of energy and motivation. There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment. We all feel more engaged and committed when we develop personal connections and build trust.
April 23, 2024 ) – Phase Sensitive Innovations – a veteran-owned, University of Delaware spinoff that specializes in radio-frequency components, devices and systems – has chosen to expand operations in its hometown of Newark, Delaware, to support its continued growth within the domestic defense and global semiconductor industries.
VC firms have taken notice: notable investors in Atlantic Canadian startups include Breakthrough Energy Ventures , a fund supported by Bill Gates, Jeff Bezos and Richard Branson. million USD) through its Atlantic Innovation Fund (AIF). With every innovation, the region’s breadth of knowledge deepens through newfound expertise.
October 2, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2 The ATC is a proven and powerful tool for promoting growth of the state’s innovation sector in an equitable and inclusive manner.”
a wholly owned subsidiary of Fortescue, a global green technology, energy and metals company,has chosen Dover, Delaware, to base its operations to support global decarbonization and establishment of the hydrogen economy. February 26, 2024 ) – FFI Ionix Inc., About FFI Ionix FFI Ionix Inc.
Last month, I had the opportunity to visit Ann Arbor during a week-long series of tech events curated by economicdevelopment engine Ann Arbor SPARK. The startup growth in Michigan has given the entire region palpable momentum and energy. What’s so special about Michigan’s startups isn’t merely its energy, though.
ENDERO’s mission is to improve the quality of life for women with innovative menstrual products. Sponsored by the Oklahoma Business Roundtable, the Paulsen Awards are $5,000 scholarships awarded to encourage Oklahoma students to become involved with economicdevelopment and entrepreneurship in the state. “The million in awards.
Breakthroughs in net zero and circular innovation have the potential to pave the way towards a 100% zero carbon future. Startups have proven to be successful in scaling new climate tech innovations and have the potential to drive significant market shifts. The total investment needed amounts to $9.2
an early-stage company specializing in developinginnovative technologies for carbon capture and utilization, has chosen to continue growing in its hometown of Newark, Delaware, with an expansion from its Delaware Technology Park incubator space to nearby Delaware Industrial Park. October 23, 2023 ) – RiKarbon Inc. ,
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.
Someone who scopes out, provides strategy, and knows how to support, cheerlead, and provide sweat-equity to work toward collaborative economicdevelopment goals.” “Someone that is willing to invest their time and energy into understanding what the community needs to grow and taking action. ” Henry Rael.
Bluhm/Helfand Social Innovation (BHSI) Fellowship. Their foci include addressing environmental sustainability, racial and gender equity, economicdevelopment concerns, etc. J.M.Kaplan Innovation Prize. “The Echoing Green is a foundation that distinguishes transformational leaders via its fellowships. Kairos Fellows. “The
Scaling green ventures: meet the innovators accelerating climate action In a world echoing with the urgent call for environmental change, the Impact Hub Network is committed to supporting innovative green ventures for a brighter tomorrow. The total investment needed amounts to $9.2 trillion per year until 2050, with $6.5
June 13, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) yesterday issued a Request for Information (RFI) seeking insight from qualified stakeholders on opportunities to accelerate building decarbonization within the commercial building sector. TRENTON, N.J.
STATE COLLEGE, PA – Did you know Ben Franklin Technology Partners is an award-winning, tech-based economicdevelopment program? And now, we’re looking for innovators with BIG IDEAS who are developing new products or processes in the agriculture (AG) and food/beverage industries. Because you want to win!
Salyer served as a member of the Council Finance Committee, Council EconomicDevelopment Committee, and as chairman of the Council Social Services Committee. Women business leaders have created mentorship networks to help support a culture of innovation and risk-taking. Meg retired from the Council April 8, 2019.
Singapore EconomicDevelopment Board inks first Israel partnership with OurCrowd. OurCrowd is the first Israeli company to partner with the Singapore EconomicDevelopment Board (EDB), under its Global Innovation Alliance (GIA) programme, StartupHub.ai Volvo, Caterpillar drive £15M for Connected Energy.
In Founder Focus we introduce entrepreneurs and innovators working on our next generation of new business startups, social enterprises and small businesses. I had great support from the Wellington Regional EconomicDevelopment Agency, my two coaches and numerous other founders who were generous with their time and energy.
Greater Oklahoma City Chamber Manager of Innovation and Entrepreneurship Evan Fay said he believes some people may be caught off-guard by Oklahoma’s growing bioscience prowess. We’re creating clusters around companies like bioscience, aerospace and defense, energy, and we have a really robust economy,” Fay said.
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. Christina Theodoraki.
Bluhm/Helfand Social Innovation (BHSI) Fellowship. Their foci include addressing environmental sustainability, racial and gender equity, economicdevelopment concerns, etc. J.M.Kaplan Innovation Prize. “The Applicants must be primarily based in NYC. Applications will be continually accepted on a rolling basis.
Tech companies have spent the past decade or more developinginnovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. ” Climate resiliency . Fables of the reconstruction.
As far as green shoots, COVID-19 has “played a role of an accelerator for innovation in many business areas and even e-government and other rigid/conservative industries,” said one. Innovative. I miss a more innovative approach. Steady rapid growth, innovative mind. What’s your latest, most exciting investment?
Tech hubs are an important part of a states business ecosystem as they foster innovation, collaboration, and entrepreneurship in the technology sector. This initiative advances the production of critical technologies that help create jobs in innovative industries and strengthen U.S. economic competitiveness and national security.
“We’re so grateful for the ongoing support from sponsors and community members for this exciting competition, and, as usual, we were extremely impressed by the quality of the startups who made it to the finals,” said DPP Director of Innovation Noah Olson. Panelists were Christine Parrish of Ardent Technology Solutions ; RoseAnn B.
Each identified regional centers are primed for technological innovation and job creation The Biden-Harris administration has put great focus on U.S. President Biden’s Investing in America agenda is rooted in policies that will empower the United States to out-innovate and out-compete the rest of the world.
Only through annihilation of distance in every respect, as the conveyance of intelligence, transport of passengers and supplies and transmission of energy will conditions be brought about some day, ensuring permanency of friendly relations. Eric Parker is one of the leading Innovation Architects in the nation.
After all, innovation and entrepreneurship aren’t blue state issues or red state issues; they are embedded in the very fabric of our nation. As co-chair of the National Advisory Council on Innovation & Entrepreneurship, I’ve partnered with founders, investors, and economicdevelopment leaders to improve pathways to entrepreneurship.
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