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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. What is the SBA Community Navigator Model?
What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment side, is community. and figure out how to support them. What kind of support do they need? You could add 5-10 people every year to that group and make sure they were supported. How can they be helped?
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. Going beyond the SBA Community Navigator model.
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.
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 EconomicDevelopment Administration’s ‘Build to Scale Capital Challenge.’
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. Hear Network Building Strategies from Communities Around the U.S.
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.
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. For more information: www.dmi-llc.com. For more information: www.ohanalink.tech. Gig And Take Inc.,
STATE COLLEGE, PA – Every year dozens of PA startups get their start with Ben Franklin Technology Partners. Located in Jefferson County, Phoenix Sintered Metals , specializes in powder metal technology and provides component and assembly solutions to multiple markets including automotive, outdoor machinery, agriculture, medical, and more.
At the September 2021 Board of Director’s meeting, five additional companies were approved to receive an investment from Ben Franklin Technology Partners of Central & Northern PA. Tech-startups and small manufacturers have been getting their “start” with Ben Franklin Technology Partners for nearly 40 years.
i2E Receives 2024 Excellence in EconomicDevelopment Bronze Award from the International EconomicDevelopment Council IEDC’s annual Excellence Awards honor the economicdevelopment organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the profession i2E, Inc.
Creating strong inclusive ecosystems of support for entrepreneurs is key to a community’s economic success, however sharing collective impact can be challenging.
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. www.arbitratorintelligence.com. www.ocunova.com. www.REEL-lms.com.
ERIE, PA – In 2020, when Dr. Jeffrey Vaitekunas made his investment pitch presentation to Ben Franklin Technology Partners, he began with some very somber facts. In fact, the company was recently voted one of the top 50 medical technology innovators of 2021 by MedTechInnovator.org”. We are saving lives and limbs.”.
In an era of technological advancement and economic transformation, Northcentral Pennsylvania finds itself at the forefront of a remarkable development. This achievement is part of a nationwide initiative by the U.S.
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.
Smart Technology : The adoption of smart logistics solutions like RFID and IoT sensors allows for real-time tracking. Favorable Regulatory Landscape Tax Benefits : Georgia offers tax incentives for companies that contribute to employment and economicdevelopment. Louis is close to the end-users of agricultural technology.
ERIE, PA – Ben Franklin Technology Partners is pleased to announce a partnership with the Erie Community Foundation creating the Hartman Innovation Fund for startup technology and existing small manufacturers in Erie County, PA. About Ben Franklin Technology Partners. appeared first on BFTP/CNP.
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.
Driving innovation through collaboration to create jobs is the entire reason for being of the public-private consortium of the Oklahoma Center for the Advancement of Science and Technology (OCAST), the Oklahoma Manufacturing Alliance (OMA), the Oklahoma State University New Product Development Center (NPDC) and i2E.
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. The research and evidence supporting the impact and value of startup community building is strong.
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.
However, despite the marked increase in women’s engagement in entrepreneurial activity, there are still far more male than female entrepreneurs in most countries, and there is also a need for greater support and funding for women looking to start and scale their businesses. However, simply hiring for diversity is not enough.
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.boostpoint.com. www.reflexion.co.
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.
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. Learn more here. Forma Medical, Inc. Learn more here. Learn more here.
The statewide Ben Franklin network also supported 1,647 companies and helped clients create 2,438 jobs while retaining 12,923 more positions, the report found. This latest report reinforces Ben Franklin’s leadership position as one of the most widely known and emulated state technology-based economicdevelopment programs in the nation.
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.
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. RSVP: [link].
(January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 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
SEE FULL SCREEN LEADING INNOVATION AND ECONOMIC RESILIENCE IN PA As we reflect on the remarkable journey of the past year, I am filled with pride and gratitude for the ongoing impact that our program has had in driving economicdevelopment and fostering innovation throughout Pennsylvania. EconomicDevelopment Administration.
Ben Franklin Technology Partners is Pleased to Announce the Following Finalists Will Be Competing (Virtually) on October 14, 2021 beginning at 2:00 PM: Swift Aeroseed LLC (Molly Cheatum, Jay Shettel, Bill Chain) , located in Cumberland County, is an agricultural drone service company capable of carrying twice the amount of payload/seed.
Ben Franklin Technology Partners is pleased to announce the six finalists who will be moving forward to pitch for up to $50,000! Michael Reed, with Micro Gainz, has developed micro weight plates for barbell lifting. Best of luck to all.
Well, you achieve that by having all net proceeds realized by this year’s Rocket Mortgage Classic support their Changing the Course initiative. The vision of this multi-year campaign is to ensure that every Detroit resident has access to the internet, technology and digital literacy training they deserve. Is it impactful?
.” Maggie Horne, Director of the Gannon Small Business Development Center (SBDC), echoed similar sentiments, emphasizing the importance of collaborative initiatives like the TechCelerator program in fostering innovation and supporting local entrepreneurs.
The Ben Franklin Technology Partners (Ben Franklin) Pennsylvania statewide network will present before the Pennsylvania Senate Appropriations Committee regarding the proposed 2019-2020 Pennsylvania budget at 3:00 PM on Wednesday, March 6, live-streamed here: [link]. million per year. in additional state taxes.
It is very encouraging to see our local government supporting and investing in this new area of economicdevelopment. New York is one of the leading AI centers in the US, along with California and Massachusetts. We see this every day as entrepreneurs building AI companies come knocking on our door. This is important.
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. Fortunately, Gov. As we honor Gov.
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. Learn more here. Forma Medical, Inc. Learn more here. Learn more here.
Ben Franklin Technology Partners is Pleased to Announce: The First Place Winner, Faubion, located in Lancaster County, took home a cash prize of $30,000. The company, represented by Andrew Wolgemuth and Brian Elliott , created a 3D printing technology and newly developed wax resins that produce replicas of unique bridal ring designs.
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 startup development studio. program, a SGD 20 million initiative introduced by the Singapore EconomicDevelopment Board.
The Middle East consists of developing nations and, sadly, we are consumers of innovation and create very little of it ourselves. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says. “I You could say that everything we do is in support of SDG 4,” says Suhail.
With the Oklahoma Center for Advancement and Technology (OCAST) as its hub, OIM is a strategic initiative and public public-private partnership with i2E, the Oklahoma Manufacturing Alliance (OMA), the New Product Development Center (NPDC) at OSU, and the OK Catalyst programs at the Tom Love Innovation Hub at OU. Michael Carolina.
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. We Invest in Innovation.
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