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Now more than ever, entrepreneurs and small business owners require support from economicdevelopers driving local economies forward. The Entrepreneurship Development Professional (EDP) certification. The Entrepreneurship Development Professional (EDP) certification. A partnership to champion entrepreneurs.
Leverage support organizations Vietnam has multiple support organizations to help entrepreneurs navigate these complex issues and create sustained business growth. These organizations include: The Vietnam Chamber of Commerce and Industry (VCCI) represents the interests of entrepreneurs and promotes economicdevelopment.
We’re thrilled the SBA goes on to recommend that effective network building must also adopt a data-driven approach , something we’ve been championing with communities via our SourceLink Pro entrepreneurship CRM and decision support system and Resource Navigator technologies. This is critical to long-term sustainability of these networks.
The program aims to place significant financial resources into organizations that wish to be hubs or spokes of entrepreneurship support and ecosystem-building efforts in their communities—particularly those organizations with deep roots in targeting underserved communities. This is critical to long-term sustainability of these networks.
“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.
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. How can your programming be sustainable and live beyond this grant cycle? How can your programming be sustainable and live beyond this grant cycle?
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.
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. As the economy continues to recover in the U.S. Global Entrepreneurship Week 2021: November 8-14. Register here: [link].
The companys collaboration with the New Jersey EconomicDevelopment Agency is a boost to the states program to attract AI companies for its innovation economy. Today, it operates 32 data centers and supports over 250,000 Nvidia GPUs, serving clients like Microsoft, Meta, and OpenAI. The company reported $1.92
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.
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. Consider how you can partner with trusted organizations in your community to reach underrepresented groups who need customized support. Make your ecosystem sustainable.
To support and accelerate this momentum, the National Entrepreneur Center (NEC) and Orange County Government have partnered with SourceLink, tapping into our consulting services, software solutions and national network to strengthen and build upon the rich tradition of collaboration the NEC and Orlando entrepreneurial ecosystem have forged.
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.
Aspiring entrepreneurs and small business owners in Nebraska now have access to a premier network of interconnected support resources that spans the 76,878 square mile state. One key aspiration was driving job creation and attracting young adults to the area by providing more support for entrepreneurs, innovators and small businesses.
Goal 7 Sustainable Work: Develop professional recognition and resources for ecosystem builders. In this void, they must often rely on their instincts, personal support systems, and ad hoc revenue streams. Ecosystem Builders need a sustainable business model. Mark Lawrence, Managing Partner, Inncuvate, Washington D.C.
Creating strong inclusive ecosystems of support for entrepreneurs is key to a community’s economic success, however sharing collective impact can be challenging.
Goal 6: Universal Support: Expand external stakeholder understanding of and support for ecosystem building. Economic dynamism, a key indicator of economic health, has been in decline for decades, as has the rate of new business starts. Research has shown that most new jobs come from young businesses.
On Thursday, April 21, SourceLink hosted Building Rural Communities Through Entrepreneurship , a webinar on strategies for growing rural communities through entrepreneurship-led economicdevelopment. In 2021, she realized city government needed technical support to figure out how to better support entrepreneurs and innovators.
Silicon-Valley based VC firm 500 Global and German’s economicdevelopment agency Gesellschaft fu?r r Internationale Zusammenarbeit (GIZ) will train managers of leading accelerators in Africa over the next two years, to help them establish sustainable business models that commandeer greater influence in their ecosystems.
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. Winners will also receive mentorship and advisory support from the Administrators network of subject matter experts.
A successful entrepreneur, businessman and EO Bahrain member, Suhail Algosaibi had long thought about how he could use his position and his company—FALAK Consulting—to make real, radical and sustainable change in his corner of the world. Contributing to SustainableDevelopment.
When these three elements are in harmony, a startup is not only better positioned for success but also more likely to attract investment, secure partnerships, and achieve sustainable growth. Favorable Regulatory Landscape Tax Benefits : Georgia offers tax incentives for companies that contribute to employment and economicdevelopment.
(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. “Congratulations to the seven grant awardees, said CSIT Chair and BioNJ President and CEO Debbie Hart.
This investment will support the development of innovative, safer EV charging stations. Advanced Power & Energy is set to change the game by manufacturing charging stations with advanced zinc nickel batteries, ensuring a safer and more economicallysustainable solution while alleviating stress on the power grid.
Coordinated by Delaware Prosperity Partnership and innovation-supporting partners from throughout the Delaware business community and beyond, Startup302 launched in 2020 and has provided $800,000 in funding to 52 ventures since 2021.
And in the next two years, Wavemaker Impact hopes to launch 8 to 12 new sustainability-focused businesses. The climatetech venture builder also has the support of EDB New Ventures, the venture-building arm of the Singapore EconomicDevelopment Board.
Below are brief descriptions of the innovations developed by the companies most recently funded: Elements Aligned, located in Erie County , provides the commercial architectural and construction industry with a system for securely fastening easy-to adjust, modular wall panels directly to conventional steel stud framing.
PlayPrint , founded by Kevin Zhang and Syed Bokhari (Centre County): Offering innovative, eco-friendly alternatives to children’s toys, PlayPrint focuses on creativity, educational value, and sustainability.
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. $20M program matches investors’ direct investment in product-based companies TRENTON, N.J.
The Ben Franklin program, which has been investing in tech startups and small manufacturers for nearly 40 years, recently received additional funding support from the Department of Community and EconomicDevelopment to invest in its portfolio clients that have been adversely affected by COVID-19. www.reflexioninteractive.com.
Their conversation definitely has to do with small business success and entrepreneurial support, but the journey is a little different than our normal conversations. And of course, how it supports local business. . So the spirit of this initiative is economicdevelopment as well as community development & social impact.
The $300,000 fund combines capital from both organizations and will invest in and promote business growth and economicdevelopment, exclusively in Erie County. Ben Franklin Technology Partners, an award-winning technology based economicdevelopment program, is among the most widely known and emulated initiatives in the nation.
Thornburgh understood emerging economic trends and had a vision for Pennsylvania. His idea embraced the promise of high-paying, sustainable jobs created because of technological advances and breakthroughs achieved by the Commonwealth’s tech-based entrepreneurs and innovative manufacturers. The Commonwealth needed a path forward.
. “As a leader in this emerging space, we have the technological capability to connect disparate systems and use big data to make buildings more transparent, healthier, engaging and sustainable. He then served as the deputy mayor under Rahm Emmanual, where his responsibilities included economicdevelopment and urban planning.
Today’s news is another historic milestone for us and for the entire industry as it brings us all closer to a more scalable and sustainable production of real meat without slaughter,” said Eat Just head of communications Andrew Noyes.
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. He began working with plant-based meat after serving as general manager of Country Foods, a Singaporean importer and distributor that focuses on innovative, sustainable products.
June 21, 2023) – In May , the New Jersey EconomicDevelopment Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge). TRENTON, N.J. Wind energy is our future.
Today, it is understood that communities of support and knowledge-sharing go along with other resources. Too often, these actors try to control activity or impose their view from the top-down, rather than supporting an environment that is led from the bottom-up. No one tells this story better than Brad Feld and Ian Hathaway.
This past April, we invited a group of ecosystem practitioners from Buffalo, Richmond, and Jacksonville to see how different communities in Indianapolis are seeking to provide greater access, financing, and support for entrepreneurs of color and others who are disconnected from traditional business networks.
The Ben Franklin Program invests in and supports technology-based start-ups, innovative manufacturers, and a technology-based ecosystem throughout the state. That is simply not sustainable to foster the economic growth our Commonwealth needs. million per year. million per year.
“Zembo’s mission to improve incomes for Uganda’s boda boda riders while cutting air pollution is shared by our supporters and is a driving force for this partnership. We look forward to continuing to serve our customers and making sustainable mobility a reality in Uganda,” he said.
Their innovative approach harnesses the potential of biochar to sequester carbon, improve soil quality, and promote sustainable agriculture. Otzzy, founded by Tim Emerick (Renovo, PA): This family-run business has developed an interactive tap-to-play interface app, revolutionizing personalized keepsake gifts.
December 19, 2023) – Last week, the N ew Jersey EconomicDevelopment Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.) Funding will go towards purchasing supplies and materials to complete the restoration and support artist stipends.
Funds will support investments in early-stage technology companies TRENTON, N.J. July 17, 2024) – The New Jersey EconomicDevelopment 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.
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