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Responding to external events and changes that impact your community requires ongoing adjustments to effect lasting and meaningful economic change. There are significant government dollars available for economic recovery right now. Building collaborations can spark, spur, and sustain economic growth.
Now more than ever, entrepreneurs and small business owners require support from economicdevelopers driving local economies forward. The Entrepreneurship Development Professional (EDP) certification. Developed with support from the Ewing Marion Kauffman Foundation and the U.S. A partnership to champion entrepreneurs.
Both communities recently participated in NLC’s City InnovationEcosystems (CIE) program, offered in partnership with and support from the Kauffman Foundation. The initiative asks city leaders to commit to an inclusive economicdevelopment policy, program or practice over the course of one year. Committed partnerships.
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. This was the first step in building Nebraska’s entrepreneurialecosystem, but more funding was needed in order to expand the initiative statewide.
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. Entrepreneurialdevelopment in rural areas is needed now more than ever.
After three eventful years , I’m excited to say that my new book— The Startup Community Way: Evolving an EntrepreneurialEcosystem , with Brad Feld —is officially available to the public today! I learned so much in the process and developed a large number of meaningful relationships along the way that will last a lifetime.
In recent years, the region has emerged as a thriving innovation hub, home to a host entrepreneurial activity with Orlando consistently ranking as one of the best cities to start a business. Tracking, measuring and reporting are key components for growing and sustaining an entrepreneurial support network.
Many of our affiliates improved their programming to support main street entrepreneurs in an age of COVID, and nationally, we celebrated entrepreneurship-led economicdevelopment really coming into its own as a recognized area of focus in the field of economicdevelopment.
Entrepreneurialecosystems are dynamic, and as they evolve, regular reevaluation—or “spring cleaning”—becomes essential to foster innovation, optimize resources, enhance competitiveness, and ensure […] Spring cleaning isn’t just for closets and cobwebs.
Creating inclusive entrepreneurialecosystems can help close the wealth gap , as entrepreneurship offers one of the greatest opportunities for personal wealth building. Identifying and filling these cultural competency gaps benefits your entire community, and it is an essential component of continued economic and social progress.
The concept of building networks of support, or what has sometimes been referred to as, forging “entrepreneurialecosystems”, 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.
Consequently, metros like Nashville, Indianapolis, Salt Lake City, and Phoenix have attracted more transplants from coastal hubs — a shift that helps spur economicdevelopment but also puts pressure on housing costs and public services. What separates entrepreneurialecosystem potential from realized success is often risk tolerance.
Your local Small Business Development Center (SBDC), which can provide assistance with business planning, access to financing, counseling services and classes. University entrepreneurship and innovation centers that partner with the community to provide tools, facilities and education to local business owners.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Don Macke – Senior Vice President, e2 EntrepreneurialEcosystems. Nicole LaChapelle – Mayor, Easthampton, MA.
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.
This achievement highlights their continued commitment to driving innovation and economic growth across Oklahoma and beyond. This milestone represents years of dedication to growing Oklahoma’s entrepreneurialecosystem,” Plains Ventures President Justin Wilson said. “It i2E, Inc., About i2E, Inc.
The essence of an entrepreneurialecosystem is its people and the culture of trust and collaboration that allows them to interact successfully. An ecosystem that allows for the fast flow of talent, information, and resources helps entrepreneurs quickly find what they need at each stage of growth.
Empower Girls To Reach Their Full Potential Entrepreneurship is a vital driver of innovation, job creation, and economic growth. The industries (primarily retail, education and other service industries) chosen by women are often perceived as being less important to economicdevelopment and growth than high technology and manufacturing.”
Ben Franklin clients continued to drive Pennsylvania’s economy with innovation and entrepreneurial efforts, developing 158 software copyrights and patents and launching 380 new products and processes. Investments in innovation are the foundation of the new economy.”.
44% higher GDP growth for communities with high broadband use contributes to an environment that fosters local rural businesses, leading to a chain reaction of growth and innovation like a stronger and more dynamic economy. Rural communities with higher broadband adoption rates have significantly more business startups by rural entrepreneurs.
. “Their dedication and ingenuity exemplify the vibrant entrepreneurialecosystem thriving in our community.” We extend our sincere appreciation to all the participants of the 2024 Ben Franklin TechCelerator in Erie for their dedication, hard work, and innovative ideas. .” Premier Manufacturing – d.b.a
If you’re feeling like your entrepreneurialecosystem engagement has been dormant, you’re not alone. During the pandemic, many ecosystem builders have felt challenged maintaining meaningful engagement with their network. There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment.
There’s a new community network emerging to help entrepreneurialecosystem builders connect, learn, and grow— Startup Communities: The community for entrepreneurialecosystem builders. Startup Communities: The community for entrepreneurialecosystem builders to connect, learn, and grow.
This post is part of a series featuring highlights from the Unsung Heroes of Ecosystem Building campaign which shone a spotlight on 40+ entrepreneurialecosystem builders from around the U.S. Not everybody can do ecosystem building; it’s a talent that is developed through experience and education, connections and networking.
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.
Dozens of ecosystem builders share their perspective on what an entrepreneurialecosystem builder is, and does. One of the challenges in turning ecosystem building into a recognized profession is the lack of a recognized definition for what it is and what an ecosystem builder is. This shouldn’t come as a surprise.
As the field of entrepreneurialecosystem building has started to grow over the last decade a few books dedicated exclusively to the topic have become valuable sources of information for ecosystem builders. I suspect many ecosystem builders will find the final sections of the book the most rewarding.
April 24, 2024) – The New Jersey EconomicDevelopment Authority (NJEDA) has closed its first four approvals under the Angel Match Program , awarding a total of $2 million to support early-stage technology companies. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.
The 2024 PA Wilds Big Idea Contest, an initiative aimed at fostering innovation and entrepreneurship in Cameron, Clinton, Lycoming, Potter, and Tioga Counties, has announced its finalists. Their innovative approach harnesses the potential of biochar to sequester carbon, improve soil quality, and promote sustainable agriculture.
Small Business Administration (SBA) over 50 years ago, the event is co-hosted by SCORE and shines a spotlight on the innovation and hard work that goes into building a successful […] The post Celebrating Small Business Week: How to Champion Entrepreneurs Today and All Yearlong appeared first on SourceLink. Created by the U.S.
The 2024 PA Wilds Big Idea Contest, an initiative aimed at fostering innovation and entrepreneurship in Cameron, Clinton, Lycoming, Potter, and Tioga Counties, has announced its finalists. Their innovative approach harnesses the potential of biochar to sequester carbon, improve soil quality, and promote sustainable agriculture.
The Dan River Region EcosystemDevelopment Project as a promising sign for the sustainable future of Ecosystem Building… . As a project-based Ecosystem Builder, I have observed the exciting recent shift in conversation and strategy around building and scaling entrepreneurialecosystems. LinkedIn: [link].
This post is part of a series featuring highlights from the Unsung Heroes of Ecosystem Building campaign which shone a spotlight on 40+ entrepreneurialecosystem builders from around the U.S. We’ve had to develop tools and strategies to meet funders where they are in terms of receptivity and willingness to change.
Impact Hub: Our policy approach At Impact Hub, we are committed to accelerating global impact through collaboration, innovation, and inclusivity. Our mission is to build locally rooted and globally connected entrepreneurial communities for impact at scale.
Improving the Field: Imagine a learning infrastructure supporting the entrepreneurship ecosystem building field widely seen as both efficient and innovative. Tiffany Henry , Instructional Designer, Office of Entrepreneurship & Innovation at Arkansas Tech University (Network Health Working Team). What would that look like?
Impact Hub: Our policy approach At Impact Hub, we are committed to accelerating global impact through collaboration, innovation, and inclusivity. Our mission is to build locally rooted and globally connected entrepreneurial communities for impact at scale.
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. While startups are key to job creation and economic growth, they can’t succeed on their own.
“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.
Over the past several years, a group of cross-sector stakeholders in Pittsburgh has worked with the national nonprofit organization Forward Cities to strengthen the region’s equitable entrepreneurialecosystem. The Director E3 Alliance of Pittsburgh will report directly to the Executive Director of Riverside Center for Innovation.,The
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