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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.
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.
Through our four-way strategic partnership, the Oklahoma Innovation Model, which has been more than 20 years in the making and is nationally acknowledged as best in class, kick-started and continues to drive the innovation economy here, complementing but never diminishing Oklahoma’s long-standing reliance on energy, agriculture, and aerospace. “We
British International Investment (BII), a DFI from the UK, told TechCrunch recently that it will deploy $500 million into startups by the end of 2026, and half of that amount has been earmarked for African tech companies. The organization has invested in eight African startups since 2020.
The climatetech venture builder also has the support of EDB New Ventures, the venture-building arm of the Singapore EconomicDevelopment Board. The venture builder is enabling business models in land use and deforestation, agriculture, mobility, industry, buildings, and energy.
Brinc Building Products (John Brooks), located in Clarion County, manufactures energy efficient building envelope solutions that manage all four control layers of the exterior wall (bulk water, thermal insulation, air infiltration, and moisture vapor). The post The Finalists in the PA WILDS BIG IDEA Contest Have Been Announced!
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. trillion to 4.8
207 Applications Approved for over $8 Million in Tax Credits to Support Investment in 28 Companies TRENTON, N.J. October 2, 2023) – The New Jersey EconomicDevelopment Authority (NJEDA) announced today that 28 emerging New Jersey technology businesses benefitted from $63.2
Zenedge (Marva Morris) – Zenedge is revolutionizing the energy drink market by enhancing packaging, introducing new flavors, innovating the formula, and prioritizing healthier ingredients. Hydrant Care (John Fink) – Large-scale deployment of IoT sensors on fire hydrants for enhanced safety and monitoring.
Companies participating in the accelerator program, which is mostly remote, benefit from the region’s growing battery industry cluster enabled by New Energy New York ( NENY). The Binghamton region is internationally recognized for its expertise in energy storage. Included is iM3NY , which opened the state’s first battery Gigafactory.
But, despite lots of time, energy and money, most of these ecosystems seem to fizzle. Investors from every part of the country are using Gregslist to find investible companies and rely on Gregslist to reach out to CEOs. Economicdevelopment organizations in each area use Gregslist when recruiting tech companies to come to their cities.
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.
In the same month, electric vehicle startup Rivian also earned a billion-dollar valuation when it received a significant investment from Amazon. 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.
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.,
Another feature of the day was an investor panel discussion featuring Mark Crawford of NEVA SGR, Holly Flanagan of Gabriel Investments, Lauren Graupman of AE Industrial Partners, Martin Hunt of Swanlaab USA Ventures and James Massaquoi of Osage Venture Partners. Farmer of Delaware State University’s The Garage Maker Space served as moderator.
an early-stage company specializing in developing innovative 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. ,
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. Learn More.
STATE COLLEGE, PA – Did you know Ben Franklin Technology Partners is an award-winning, tech-based economicdevelopment program? We’ve been investing in tech startups and small manufactures for nearly 40 years. So why should you apply to this BIG IDEA Contest? Because you want to win!
She is also principal of Broadway Realty, investing in, and repurposing, historic properties. Salyer served as a member of the Council Finance Committee, Council EconomicDevelopment Committee, and as chairman of the Council Social Services Committee. Meg retired from the Council April 8, 2019. How can a decade have flown by!
Nearly every major Silicon Valley venture-capital firm has now invested in a B Corp ; maybe you will be one of them! And of course, effectively all venture capitalists are going to require some equity for their investment. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!
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.
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. Three winners were announced. “We
He made his remarks during the final hours Thursday of the Bio International Conference in Philadelphia as the state’s more than 40 OKBio delegates, which included researchers, foundation and university representatives and bioscience and investment companies, continued to meet in face-to-face meetings with representatives from around the world. “We’re
The US coal industry has been swamped with bad news lately, with the recent bankruptcies of Blackjewel and Murray Energy leading to major hardships for miners, their families and surrounding communities. There’s lots of work to do, but there are also lots of opportunities where strategic investments can have huge impacts.
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.
That’s “angel” as in angel investing, where people invest money early in a new company’s career to help it get off the ground. That gets into Learned’s philosophy about angel investing, with echoes of the teacher he once was and still is. Kevin Learned is on his third career, and he’s not done yet. I’m a little more relaxed.
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. Ellen Bateman. Gabe Munoz.
The total investment needed amounts to $9.2 Impact Hub Accra (Ghana) | Net Zero Electric Mobility Platform The Impact Hub Accra team is leading the charge towards e-mobility and sustainable energy in Ghana. trillion per year until 2050, with $6.5 trillion annually allocated to low-emissions assets and enabling infrastructure.
The total investment needed amounts to $9.2 Impact Hub Accra (Ghana) | Net Zero Electric Mobility Platform The Impact Hub Accra team is leading the charge towards e-mobility and sustainable energy in Ghana. trillion per year until 2050, with $6.5 trillion annually allocated to low-emissions assets and enabling infrastructure.
Nearly every major Silicon Valley venture-capital firm has now invested in a B Corp ; maybe you will be one of them! And of course, effectively all venture capitalists are going to require some equity for their investment. Congratulations! You’ve decided to launch a technology-enabled startup with a positive social impact!
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. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.
Verafin would appear to be following suit: in the press release announcing the acquisition , Nasdaq committed to keeping the company’s headquarters in Newfoundland, investing in the local university and contributing to the development of the local ecosystem. Even prior to COVID-19, Canada cheekily took advantage of anxiety around U.S.
(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.
Their selection for initial grants was based on target investments that will advance critical technology important to American economic and national security. economic and national security. These new awardees, all designated Tech Hubs, have not received prior Tech Hub implementation funds. Secretary of Commerce Gina Raimondo.
Department of Commerce’s EconomicDevelopment Administration (EDA) announced a major implementation of that legislation with the designation of 31 Tech Hubs in regions across the country—that will receive direct investments to make them into globally competitive innovation centers.
Erika Lucas , founder of StitchCrew , gave the afternoon keynote “The Majority Economy: Economics of Why We Need to Invest in Diverse Founders.” Other speakers included Don Mell , executive director and site leader for the Delaware Market of J.P. Morgan Chase & Co. ,
Respondents said they invest around 50% inside Czechia and 50% across Central and Eastern Europe, while some are more focused across CEE generally, with some percentage of the fund supporting startups that have scaled to the U.S. What trends are you most excited about investing in, generally? Innovative. More than 50%? Huge potential.
These jobs, spanning key industries such as energy, aerospace, defense, and advanced manufacturing, offer salaries that average 161% higher than the states median wage. 1 Fastest Growing Company in 2024, an achievement that underscores its strategic investments in human capital and groundbreaking research initiatives.
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.
I saw firsthand the impact of this regional divide when I started traveling the country in 2014 with my Rise of Rest bus tour, an effort to invest in — and shine a spotlight on — great founders building promising companies outside the traditional tech hubs. GDP to 2% by 2030 — creating a foundation for future investments as needed.
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