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When I started this work almost 20 years ago, very few entrepreneurship-led economicdevelopment, much less ecosystem building, resources or institutions existed for early practitioners to be able to tap […]
While it appears the SBA will be applying this approach to the existing SBA-funded national network such as SBDCs, SCORE and Women Business Centers, the announcement indicates a new funding opportunity will soon open for states, tribes, units of local governments and other nonprofit organizations.
Small Business Administration first released the Notice of Funding Opportunity for the Community Navigator Pilot Program. With the July 12 application deadline fast approaching, we wanted to address a few frequently asked questions about the program and funding opportunity. Interested in getting more information?
The initiative asks city leaders to commit to an inclusive economicdevelopment policy, program or practice over the course of one year. We are delighted to participate for the third year as a CIE program expert, helping guide committed communities toward identifying and connecting valuable entrepreneurship resources.
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. Talent seeks opportunities, and opportunities can (and must) be created.
“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. Identify Potential Allies.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Youth entrepreneurship and community cohorts can also help drive more entrepreneurship in rural regions.
Over the past three years, there has been a marked increase in the number of women pursuing entrepreneurship, with an estimated 40 percent of new businesses in the United States started by women. Widespread layoffs during the pandemic contributed to an initial rise in female entrepreneurship in 2020, along with the need for flexibility.
Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. 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. Register here: [link].
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.
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.
A lot is changing in the world of entrepreneurship-led economicdevelopment; from utilizing AI to increase capacity to a multitude of professional developmentopportunities. However, one topic kept resurfacing as […]
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. Worth the wait.
The public is invited to attend Building Rural Communities Through Entrepreneurship Webinar on April 21 at 10:00am CT, a SourceLink? webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. Exciting features and new enhancements to our SourceLink technologies. More to come!
Through this partnership, STATION DC has become a vital hub for inclusive entrepreneurship, hosting networking events, pitch competitions, and programs that help startups scale and thrive. STATION DC is strengthening DCs position as a leader in technology and innovation, said Nina Albert, Deputy Mayor for Planning and EconomicDevelopment.
Today marks the start of Global Entrepreneurship Week, an annual initiative that shines a light not only on the value entrepreneurs bring to our communities and global economy, but also the importance of building infrastructures that make it easier for them to start and scale their businesses. SourceLink? Orange County Mayor Jerry L.
They could be seizing upon an opportunity to make their business ownership dream a reality, exploring an idea that creates positive social change, or they may be acting out of necessity because of a change in circumstances such as the loss of a job. Cultivate an inclusive network with culturally competent support.
In our commitment to entrepreneurship-led economicdevelopment, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses. Funding Entrepreneurship.
But entrepreneurship is a challenging journey, no matter where you are in the world. These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economicdevelopment. Share experiences Entrepreneurship can be a lonely endeavor. Register now!
By creating space for your network to meet together regularly, learn what other organizations are currently doing, and to collaboratively address challenges and opportunities, you build trust and more fully involve your partners in the work you’re doing.
Creating inclusive entrepreneurial ecosystems 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.
Ramon Ray got a chance to talk with Scott Turner, the Executive Director of the White House Opportunity and Revitalization Council, which is quite a mouthful, so you can refer to it as WHORC. Opportunity Zones and What They Are. So what I say to entrepreneurs is.this is a great opportunity for you.
Damaris, a 2017 YLAI Fellow, is working hard to combine her love for her home country of Nicaragua and her love of tourism to give back to those in her country, providing employment and education opportunities across her community. Through tourism, I am giving the opportunity to local kids to dream for a better future,” she says.
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.
When we think about the opportunity beyond Silicon Valley, we are really speaking of America. In reality, there will be some lag time before the checks being written by these same VCs are consistent with both the outward hype and existing market opportunity. America is the opportunity and we are worthy of investment, aren’t we? “We”
Prizes include cash grants from a pool of over $100,000 along with mentorship opportunities and connections with potential investors and key influencers. Additional sponsorship opportunities are available.
We are experiencing unprecedented opportunities for communities to evaluate how best to respond to short-term needs while building resilient solutions for long-term success. 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.
Innovation stimulates entrepreneurship. Successful entrepreneurship creates net new jobs. These young companies pay corporate taxes, invent products and services that draw revenue into Oklahoma from other countries and states, create high-paying jobs and offer exciting career opportunities. By Scott Meacham.
In order to contextualize the opportunity that exists for the Internet outside of Silicon Valley these days you can take inspiration from the history of technology evolution across many markets throughout history. We literally are a land in which people left their stable East Coast homes in search of opportunity and a chance to start fresh.
Leaders Across Thirty Plus National Entrepreneurship Support Organizations Come Together to Advance the Field of Entrepreneurship Ecosystem Building. The project will also be led by co-chairs: Dell Gines, Inclusive Urban and Rural EconomicDevelopment Consultant and Kristin Leutz, Founder of Petra Impact Partners.
There’s a lot to be optimistic about for entrepreneurship-led economicdevelopment. Our virtual monthly meetings are focused on emerging opportunities to connect our Resource Partners in joint projects.”. We all feel more engaged and committed when we develop personal connections and build trust.
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. BIG IDEAS GROW IN WILD PLACES! .
The funding programs encourage partnerships between the public and private sectors to support local initiatives for the growth and stability of neighborhoods and communities, social and economic diversity, and the promotion of a strong and secure quality of life.
First, we congratulated affiliates selected to participate in the SBA Community Navigator Pilot Program including National Urban League , Nicolet Area Technical College , New Bedford Economic Council , Rochester EconomicDevelopment Corporation and Forward Cities.
The Ecosystem Building Leadership Project (EBLP) is an initiative to advance the entrepreneurship ecosystem building field of practice. After a several months of collaborative online exploration and development, over 70 volunteers convened in Indianapolis in early September to move the project forward. What would that look like?
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. We had the opportunity to visit two neighborhoods– King Commons and River West. We cannot value what and who we cannot see.
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.
If you want to learn more about the E in this recovery equation, you may be interested in an upcoming training opportunity from the International EconomicDevelopment Council. On June 18 and 19, I’ll be co-teaching an on-line version of IEDC’s Entrepreneurship and Small Business Development course on-line.
Small-scale manufacturing businesses help us create thriving places, with business ownership opportunities and good-paying jobs that other business types cannot fulfill. They are the hidden gems in the economicdevelopment strategy and downtown reinvestment efforts of every place (yes, I really mean every place).
The Black and Latinx Seed Fund will be administered by the New EconomicDevelopment Authority (NJEDA). NJEDA CEO Tim Sullivan said based on research conducted by the state, that New Jersey is the first state in the nation to develop this type of fund. As one evidence of that, last year Crunchbase found that as of Aug.
Small Business Development Centers (SBDCs): Administered by the SBA, Centers are located around the country to be a local resource that is either free or low cost to small business owners. The Centers often reside within universities, colleges or state economicdevelopment agencies. Check out M eetups and LI Groups.
I believe that Brad and I have created something that will be useful to many people, not just in entrepreneurship and community-building, but far beyond. Book Summary The Way Forward for Entrepreneurship Around the World We are in the midst of a startup revolution. But it was worth it.
Collaborative research focused on developing the field of ecosystem building would allow the field to identify the principles and practices that are most effective for fostering successful entrepreneurship. Voices from the field. We asked ecosystem builders why practical metrics and methods is important to them. “I Metrics do that.
Silicon Valley is a very special place – the nucleus of high-growth, high technology entrepreneurship in the US, indeed, in the world. You are much more flexible than VCs or strategic partners – they prefer not to travel, a they have lots of local opportunities to invest their money.
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