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Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to developstartup ecosystems. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.
“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. They understand it from a general sense.
This is a call for input for a brief survey on local policies or programs to support startup community development. economicdevelopment agencies, foundations, chambers of commerce, non-profits). I am particularly interested in policies or programs that: Enhance bottom-up, community-driven solutions (e.g., Thank you!
The companys collaboration with the New Jersey EconomicDevelopment Agency is a boost to the states program to attract AI companies for its innovation economy.
What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community. You can ask a bunch of startup companies to move to a place, but it''s harder to bring together inspiring people who will build the companies of tomorrow in that place.
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. Starting and growing a business can prove to be a daunting endeavor within any market.
Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. Business closures and job losses caused by the pandemic forced thousands of people to reevaluate their lives and career paths. According to data from the Census Bureau , Americans filed paperwork to start 4.3
Washingtons Premier Connector of Tech and Policy Leaders Welcomes the Next Generation of Innovators that includes Delta Force, an annual cohort designed to support 6-10 of DCs most promising startup founders. Additionally, STATION DC is launching Delta Force, an annual cohort designed to support 6-10 of DCs most promising startup founders.
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. Collaboration is the hardest, but arguably the most important.
Although the numbers are impressive, the Startup Fort Worth White Paper that the Sparkyard team developed to build on the data includes community-sourced recommendations to further improve their economy through a focus on startups. More than 25,000 jobs were created in 2018 by firms 0-1 years old in Tarrant County.
This collaborative platform features a searchable resource database, comprehensive startup guides, robust events calendar, and interactive blog with hotline that will connect startups to a BizLink Orange Navigator who will expertly guide startups to the right area resource based on their location, industry, stage of business and more.
A new batch of enterprising New Zealanders are being given the opportunity to fast track their ventures from idea through to startup, thanks to an online education initiative backed by Callaghan Innovation and entrepreneur education platform Startup NZ.
In a true innovation economy, high-speed internet access that is always on and faster than traditional dial-up access (commonly referred to as broadband) is critical — to corporations, to startups and to K-12 schools, educators and especially students. When it comes to broadband expansion in Oklahoma — the gravy needs more salt.
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.
OCAST is Oklahoma’s only agency with the sole focus of technology-based economicdevelopment. a nonprofit corporation that mentors many of the state’s technology-based startup companies. Last year, for every $1 the state appropriated to OCAST for science and technology, the state realized a return of $34.
(January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $500,000 in funding to seven New Jersey startups under the Food and Agriculture Research & Development Pilot Seed Grant Program.
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. www.cnp.benfranklin.org. www.cnp.benfranklin.org.
million in grant funding to 11 New Jersey startups under Round Two of the Pilot Clean Tech Demonstration Grant Program. The funding will support pilot demonstration projects from startup companies creating technologies that mitigate the emission of greenhouse gases and other pollutants. In 2023, the NJEDA awarded more than $3.6
Building Startup Communities is the Way to Economic Growth and Recovery. 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.
From navigating complex regulations and securing funding to connecting with and growing a network, entrepreneurs in Vietnam face a unique set of challenges as they build their businesses: Access to capital: Securing funding for a new business can be elusive, particularly for startups.
STATE COLLEGE, PA – Every year, dozens of PA startups get their start with Ben Franklin Technology Partners. The post STARTUPS RECEIVE INVESTMENT FROM BEN FRANKLIN TECHNOLOGY PARTNERS appeared first on BFTP/CNP. www.cnp.benfranklin.org.
Register Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startupdevelopment studio. program, a SGD 20 million initiative introduced by the Singapore EconomicDevelopment Board.
At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Market : The startup is addressing a significant, often underserved, need or problem in the market.
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.
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. For more information, including additional eligibility requirements, click here.
Some key organizations that fill the needs of startups which you should seek out and invite into your network include: The public library , a vital and often overlooked resource for free access to business databases, education, equipment and internet access. Go beyond a quick impersonal referral.
SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. The five-year development plan utilizes $25 million from the New Jersey EconomicDevelopment Authority. companies working toward their seed round.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. But to answer the actual question “Is there something going on in LA?”
After three eventful years , I’m excited to say that my new book— The Startup Community Way: Evolving an Entrepreneurial Ecosystem , 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.
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. To learn more about Ben Franklin, visit cnp.benfranklin.org. www.cnp.benfranklin.org.
PureLine Putting (Michael Irvin), creators of a revolutionary putting aid for golfers, clinched the runner-up position, walking away with $5,000 to further develop their product. link] The post Two Local Erie Startups win Ben Franklin’s TechCelerator Business Bootcamp first appeared on BFTP/CNP.
Nigerian agritech startup Releaf is solving this by building proprietary hardware and software solutions to make these farmers and food factories more efficient and profitable. In addition to the seed round, the agritech startup secured $1.5 South African startup Aerobotics raises $17M to scale its AI-for-agriculture platform.
Tribe, a Singapore-based ecosystem builder, and Digital Industry Singapore (DISG)—a joint office of the EconomicDevelopment Board, Enterprise Singapore, and the Info-communications Media Development Authority (IMDA)—have teamed up with global […]
The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent.
In partnership with the Startup Alleghenies initiative, Ben Franklin Technology Partners is pleased to congratulate the winners: First place ($25,000) was awarded to Timothy & April Kretchman, with Action Driven Education in Somerset County. The post WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED! appeared first on BFTP/CNP.
Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder. In addition to backing VC funds in the region, the organization aims to make more direct equity investments in startups, adding to the four African companies it invested in last year.
.” — Grow Your Own: Entrepreneurship-based EconomicDevelopment for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City Ecosystem builders know that entrepreneurship and startups are critical for a healthy economy.
If the company wins, they will help reshape an industry plagued by poor operational practices, help rebuild a region long overburdened by economic neglect, and help alleviate one of the existential global crises of our generation. It is a pioneer in what the American startups of the future can?—?and and should?—?look look like.
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. This is the first time the startup has taken external investment, and the funding exceeded its original target of $7 million.
December 20, 2024 ) Applications for Delawares fifth annual Startup302 funding competition will be accepted January 2 through 26 from technology-enabled startups with high-growth potential and at least one founding team member from an underrepresented group. Thanks to sponsors, there is no charge to enter.
In partnership with the PA WILDS Center for Entrepreneurship, Ben Franklin Technology Partners, an award-winning, tech-based economicdevelopment program, is looking for innovators with BIG IDEAS located in Centre, Clarion, Clearfield, or Jefferson County, PA. LET YOUR IMAGINATION RUN WILD!
STATE COLLEGE, PA – At the September 2019 Board of Director’s meeting the largest early-stage investor in the region, Ben Franklin Technology Partners added five additional startups to its portfolio of funded clients. Below are brief descriptions of the innovations developed by the companies. www.constance.one. www.cnp.benfranklin.org.
On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business.
The cluster was federally designated as a battery innovation Tech Hub by the EconomicDevelopment Administration (EDA) in support of New York State’s commitment to pioneer critical energy storage technologies. Register at: Scale Your Startup at ChargeUp (Jan. 25, 2024, 1–2 p.m. EST) Tips for Applying to ChargeUp (Feb.
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