Celebrating Economic Development Week 2023
Source Link
MAY 8, 2023
Throughout the course of American history, the meaning and purpose of the phrase ‘economic development’ has changed and evolved.
Raising Awareness about Entrepreneurship as an Economic Development Strategy
Ecosystem Builder Hub
APRIL 2, 2021
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economic growth.” — Grow Your Own: Entrepreneurship-based Economic Development for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. She shared an experience she had with this in Buffalo. “We
Join 24,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
The Achilles Heel of Startup Ecosystems
This is going to be BIG.
MARCH 18, 2019
Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Not only that, but for many in the real estate world, their economic upside is already tied to innovation.
Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda
TechCrunch
DECEMBER 16, 2021
Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. Google sets up $50M fund to invest in African startups. We are focusing on investments where we believe that Google could add value,” the managing director said in October.
investing 
145
145 
Call for Input: Local Policies to Support Economic Development via Entrepreneurship
Ian Hathaway
APRIL 14, 2020
economic development agencies, foundations, chambers of commerce, non-profits). identify and enable entrepreneur-driven solutions; promote and expand entrepreneur-to-entrepreneur mentoring or investment relationships). I am particularly interested in policies or programs that: Enhance bottom-up, community-driven solutions (e.g.,
SBA Announces Community Navigator Model and Funding Opportunity
Source Link
MARCH 29, 2021
To develop sustainable hub-and-spoke models of entrepreneurship-led economic development, lead agencies need to go further than identifying trusted ambassadors in their communities. The course is available to economic developers in the field who frequently find themselves perfectly positioned to spearhead efforts like this.
communities 246
246 
CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem
American Entrepreneurship
MARCH 30, 2025
The companys collaboration with the New Jersey Economic Development Agency is a boost to the states program to attract AI companies for its innovation economy. Together, were advancing the future of technology while driving meaningful economic growth and strengthening New Jerseys role as a leader in the global AI landscape.
Latest Update on the SBA Community Navigator Funding Opportunity
Source Link
JUNE 8, 2021
This federal shift in investment and policy represents a tremendous opportunity for economic developers, community champions and grassroots ecosystem organizers who want to transform their local economies as their community recovers from the devastating economic impact of COVID-19. Interested in getting more information?
communities 246
246 
i2E Receives 2024 Excellence in Economic Development Award from IEDC
Innovation 2 Enterprise
SEPTEMBER 30, 2024
i2E Receives 2024 Excellence in Economic Development Bronze Award from the International Economic Development Council IEDC’s annual Excellence Awards honor the economic development organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the profession i2E, Inc.
Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses
Source Link
DECEMBER 1, 2021
During my tenure with the local University I worked with economic developers 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. Starting and growing a business can prove to be a daunting endeavor within any market.
entrepreneurship 246
246 
The Glue that Makes a Community Stick
This is going to be BIG.
JULY 14, 2013
What was harder to figure out how to do--and something no one ever really thinks about on the economic development side, is community. There was no strategic goal to build venture backed startup companies, but yet at least three companies in her community got VC investment last year.
communities 312
312 
i2E & Plains Ventures Surpasses $100M Milestone in Total Investments
Innovation 2 Enterprise
NOVEMBER 21, 2024
a nonprofit dedicated to fostering the growth of startups and entrepreneurs in Oklahoma, is proud to announce surpassing the $100 million mark in total investments. This achievement highlights their continued commitment to driving innovation and economic growth across Oklahoma and beyond. i2E, Inc., About i2E, Inc.
ventures 40
40 
Ben Franklin Invests in Tech Startups Adversely Affected by COVID-19.
Ben Franklin Technology Partners
JUNE 17, 2020
Nine tech-companies in central and northern PA, that were adversely affected by COVID-19, received an investment from Ben Franklin Technology Partners/CNP that will allow them to stabilize their operations and further develop and commercialize new products, processes, or software applications. We Invest in Innovation.
investing 111
111 
Today’s Tech Hubs: Labor and Housing Dynamics in the Post-Pandemic Era
Revolution
DECEMBER 20, 2023
While VC dollars still overwhelmingly funnel into places like Silicon Valley, Brookings research shows tech jobs are finally spreading out — movement spurred by the availability of hybrid and remote work, private investment, and federal initiatives.
real estate 242
242 
STARTUPS RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS
Ben Franklin Technology Partners
JANUARY 4, 2022
The largest early-stage investor in the region, Ben Franklin provides investment capital, business support services, BIG IDEA Contests, and Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. WE INVEST IN INNOVATION. . For more information: www.reflexion.co.
technology 98
98 
Ben Franklin Investments Pay Huge Dividends for Pa.
Ben Franklin Technology Partners
APRIL 26, 2022
Ben Franklin’s investments paid huge dividends for the commonwealth as the state continued to rebound from the pandemic, according to the statewide initiative’s “2021 Annual Statewide Impact Report,” with clients generating more than $2 billion in revenue and securing $917 million in post-Ben Franklin financing. in additional state taxes.
investing 98
98 
COMPANIES RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS
Ben Franklin Technology Partners
MARCH 16, 2022
The largest early-stage investor in the region, Ben Franklin provides investment capital, business support services, BIG IDEA Contests, and Tech Startup Boot Camps to emerging tech-entrepreneurs and small manufacturers located in central and northern Pennsylvania. WE INVEST IN INNOVATION. www.returnlogic.com. www.cnp.benfranklin.org.
technology 105
105 
How collective data and storytelling can lead to lasting impact for underserved entrepreneurs
Source Link
DECEMBER 7, 2021
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.
entrepreneurs 246
246 
Investing In Distressed Communities. Opportunity Zones
Smart Hustle Magazine
JUNE 30, 2020
Partnerships help bring long-term sustainability including economic development, entrepreneurship, safe neighborhoods, expanded workforce, and education. So the spirit of this initiative is economic development as well as community development & social impact. The post Investing In Distressed Communities.
communities 88
88 
Broadband critical for economic development
Innovation 2 Enterprise
MARCH 13, 2019
The availability of broadband depends on whether a subscriber is in a populated or rural area, on carrier’s pricing and on how carriers prioritize their investment in expanding broadband infrastructure. If we want more high-speed broadband, we need more capital investment from the broadband carriers.
Greenville Startup, Advanced Power & Energy, Receives Game-Changing $500,000 Investment to Pave the Way for Safer EV Charging Stations
Ben Franklin Technology Partners
OCTOBER 23, 2023
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.
energy 98
98 
NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence
American Entrepreneurship
MARCH 19, 2025
Next NJ Program and AI Innovation Challenge Administration Grant Program will increase AI investment and catalyze groundbreaking research TRENTON, N.J. New Jerseys continued investment in the sectors of the future will pay dividends for generations to come, setting the Garden State on a path of economic strength and prosperity.
leadership 52
52 
Innovation is key to economic development
Innovation 2 Enterprise
APRIL 2, 2019
Stitt is expressing the 2019 version of the legislative vision that created OCAST in 1987, authorized the seed capital fund (TBFP Fund) in 1988 and has continued to invest in the Oklahoma Model of innovation. OCAST is Oklahoma’s only agency with the sole focus of technology-based economic development.
These blogs deserve an encore
Source Link
JANUARY 29, 2022
In our commitment to entrepreneurship-led economic development, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. Women entrepreneurs find success despite lack of access to investment capital. 3 Ways to Empower Your Entrepreneurial Community.
Finding Founder-Market-Geography Fit
Revolution
NOVEMBER 28, 2023
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. In the last decade, we’ve socialized several Rise of the Rest-isms to describe investments that check those boxes.
founder 246
246 
Battery investment moves onshore to kick-start US EV production
TechCrunch
AUGUST 14, 2022
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., according to AlixPartners.
investing 98
98 
Creating Jobs and Helping Grow the PA Economy: Ben Franklin Technology Partners Invests in 17 Tech Startups!
Ben Franklin Technology Partners
JULY 24, 2020
STATE COLLEGE, PA – Seventeen companies located in central and northern PA recently received an investment from Ben Franklin Technology Partners that will allow them to further develop and commercialize new products, processes, or software applications. We Invest in Innovation. www.arbitratorintelligence.com. www.xactmetal.com.
technology 93
93 
Entrepreneurial Ecosystem Insights: Insider Tips for Building Relationships with Foundations
Source Link
JUNE 3, 2019
Read these tips from foundation leaders on how entrepreneurship ecosystem builders can develop relationships with foundations that invest in community economic development.
e(verywhere)-Commerce
This is going to be BIG.
MARCH 29, 2010
A lot of ideas came out of it—many were ones that we’ve been thinking about at First Round for a while, given our investments in One King’s Lane , Homerun , Bigdeal , Modcloth , Monetate and Packlate , among others. There’s also been some great blog chatter from Sarah Tavel ( here ) and Josh Kopelman ( here and here ) on the topic.
Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems
TechCrunch
AUGUST 16, 2022
This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the continent’s early- and growth-stage startups, which the company CEO Sundar Pichai announced last October. The fund is part of Google’s plan to invest $1 billion in “tech-led initiatives” over the next five years.
investing 98
98 
Making Northcentral PA the Global Center for Advanced Pressed Materials
Ben Franklin Technology Partners
NOVEMBER 20, 2023
Economic Development Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. This achievement is part of a nationwide initiative by the U.S.
Ben Franklin Technology Partners of Central & Northern PA and Central PA-based venture capital partners win EDA grant to strengthen capital access for regional technology companies
Ben Franklin Technology Partners
JANUARY 3, 2024
In a significant boost to the venture capital landscape of Central Pennsylvania, the region is set to benefit from the establishment of the Keystone Innovation Fund II, thanks to a generous grant of $412,598 from the US Economic Development Administration’s ‘Build to Scale Capital Challenge.’
How To Grow Your Economy. Build It, Don’t Buy It!
Ecosystem Builder Hub
NOVEMBER 5, 2020
And yet, our economic policies espoused by governments and traditional economic development approaches continue to focus on attracting big businesses. It’s time for a radical rethink in how we do economic development. This focus needs to stop. The evidence is clear.
economic growth 111
111 
Why international DFIs are looking to African startups to scale impact investing efforts
TechCrunch
JANUARY 20, 2023
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.
investing 96
96 
[OurCrowd in Crowdfund Insider] OurCrowd partners with Singapore Economic Development Board
OurCrowd
JUNE 20, 2022
OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. Read more here.
3 new ways to empower your entrepreneurial community
Source Link
MARCH 30, 2022
However, it’s important to consider what barriers entrepreneurs of color face that may keep them from being able to benefit from investment and support resources. Identifying and filling these cultural competency gaps benefits your entire community, and it is an essential component of continued economic and social progress.
communities 246
246 
Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?
Both Sides of the Table
OCTOBER 8, 2014
” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” No less than Fred Wilson has credited Carlota’s work with having a major influence on his investment strategy at USV.
entrepreneurs 376
376 
AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company
Revolution
FEBRUARY 3, 2021
I am at once proud of and awed by Jonathan, whose dual-track passion for the future of food and the future of Appalachia has brought him to tears more than once since we first invested in early 2018. Our foundational investment thesis at Rise of the Rest is a simple one: we see opportunity first through the lens of geography.
venture capital 173
173 
WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!
Ben Franklin Technology Partners
JUNE 19, 2020
Travis Lodolinski and Derek Lengenfelder, with On Air in Cambria County have developed a social audio platform. It was launched with a POWER grant from the Appalachian Regional Commission (ARC), a federal-state partnership investing in the socioeconomic future of 420 counties in 13 states in the Appalachian region.
Ben Franklin Invests in Local Tech Companies Developing Solutions Related to Impact of COVID-19
Ben Franklin Technology Partners
JUNE 18, 2020
Nine tech-companies in central and northern PA, that are developing solutions related to the impact of COVID-19 on the state and its economy, received an investment from Ben Franklin Technology Partners/CNP. We Invest in Innovation. www.xactmetal.com. www.cnp.benfranklin.org. www.cnp.benfranklin.org.
development 69
69 
NJEDA Board Approves Investment of up to $6M into Newark Venture Partners
American Entrepreneurship
JULY 19, 2024
Funds will support investments in early-stage technology companies TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) today approved an investment into Newark Venture Partners, III, L.P. NVP III) of up to $6 million under the NJEDA’s Venture Fund Investment Program.
board 52
52 
Ben Franklin Technology Partners Drives Innovation with Strategic Investments in Eight Promising Startups
Ben Franklin Technology Partners
JUNE 25, 2024
Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) continues its mission of catalyzing innovation and fostering growth in the technology sector with its recent investments in eight dynamic companies.
innovation 64
64 
WJR Business Beat with Jeff Sloan: Rocket Mortgage Classic Helps Bridge the Digital Divide (Episode 251)
StartupNation
JULY 1, 2021
Jeff chats with Laura Grannemann, vice president of strategic investments from the Rocket Community Fund, to learn more. ” – Laura Grannemann, vice president of strategic investments from the Rocket Community Fund. ” – Laura Grannemann, vice president of strategic investments from the Rocket Community Fund.
Empire AI
A VC: Musings of a VC in NYC
JANUARY 9, 2024
It is very encouraging to see our local government supporting and investing in this new area of economic development. We see this every day as entrepreneurs building AI companies come knocking on our door. This is important.
Let's personalize your content