This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“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. She shared an experience she had with this in Buffalo. “We
Across the world, various economicdevelopment organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Very little time and effort is spent helping professional, full time investors raise capital for venture funds.
The companys collaboration with the New Jersey EconomicDevelopment Agency is a boost to the states program to attract AI companies for its innovation economy. The company recently announced a $1.2 This is just a few miles from LOreal Groupes recently announced construction of a research and innovation center.
What was harder to figure out how to do--and something no one ever really thinks about on the economicdevelopment 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. Venture Capital & Technology'
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.
This achievement highlights their continued commitment to driving innovation and economic growth across Oklahoma and beyond. This milestone represents years of dedication to growing Oklahoma’s entrepreneurial ecosystem,” Plains Ventures President Justin Wilson said. “It Alkami , Oklahoma’s first unicorn, was valued at $3.1
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.’
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. Targeted initiatives: Rural Entrepreneurship Venture.
For years, tech companies, talent, and venture capital were concentrated on the coasts — a precedent the pandemic tipped, if not flipped. Last week, Brookings and Revolution teamed up for an event exploring macro trends shaping labor and housing markets at this moment of rapid growth, historic investment, and significant uncertainty.
The Singapore EconomicDevelopment Board (EDB) has unveiled an increase in funding for its corporate venture initiative, pledging S$32 million (US$25 million) over the next two years. This investment will […]
In fact, the failure of the local chamber of commerce and economicdevelopment organizations is largely the reason why it’s so expensive for local plays to acquire customers. Tags: First Round Capital Venture Capital & Technology nextNY.
Exclusive Membership Opportunities STATION DCs General Membership is now open to startups, venture capitalists, non-profits, government agencies, military personnel, and corporate leaders who want to leverage the organizations extensive network and resources.
The conversation introduced a new framework for inclusive community development that incorporates cultural understanding, talent development and new venture creation. Take a close look at your entrepreneurial ecosystem building work and make sure you’re doing it through an equitable lens.
This is the task I set out to answer with the master of analysis at Upfront Ventures Glenn Poppe who deserves the bulk of the credit for our work. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. billion (Upfront Ventures was an early Overture backer). LA By The Numbers.
Favorable Regulatory Landscape Tax Benefits : Georgia offers tax incentives for companies that contribute to employment and economicdevelopment. There’s a reason venture capital is considered “risk capital,” but there’s also ample opportunity to look beyond the typical diligence checklist to find factors that de-risk an investment.
Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor. Early stage venture capital is often the fulcrum security that can unlock a startup’s potential, help fuel regional job creation, and ultimately drive large-scale economicdevelopment.
Collectively , they have raised over $100 million in venture capital. Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists. This vital industry is the lifeblood of Africa’s cities and powers economicdevelopment.
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. Funds will support investments in early-stage technology companies TRENTON, N.J.
Another feature of the day was an investor panel discussion featuring Mark Crawford of NEVA SGR, Holly Flanagan of Gabriel Investments, Lauren Graupman of AE Industrial Partners, Martin Hunt of Swanlaab USA Ventures and James Massaquoi of Osage Venture Partners.
It is very encouraging to see our local government supporting and investing in this new area of economicdevelopment. USV TEAM POSTS: Jared Hecht — Jan 4, 2024 Joining Union Square Ventures Nikhil Raman — Jan 3, 2024 NFTs Have Evolved, NFTs Endure This is important.
Ventures with underrepresented founders will compete for share of more than $100,000 in cash grants, plus mentoring and connections WILMINGTON, Del. This years categories of FinTech , Life Sciences , and Environmental Impact reflect Delawares evolving innovation and industry landscape.
Other finalists who particpated included Duncan Everhart, with Hinterland Tools in Bedford County, who is developing the “No-Math Miter” for use with table saws. Travis Lodolinski and Derek Lengenfelder, with On Air in Cambria County have developed a social audio platform. The post WINNERS OF BEN FRANKLIN’S BIG IDEA CONTEST ANNOUNCED!
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.
JERUSALEM & SINGAPORE–(BUSINESS WIRE)–OurCrowd, Israel’s most active venture firm, today announced its partnership with the Singapore EconomicDevelopment Board (EDB), under its Global Innovation Alliance (GIA) programme. Read more here.
Register Wavemaker Impact , Southeast Asia’s first climatetech venture builder , has announced the first close of its debut fund to drive decarbonization in the region at scale. The climatetech venture builder also has the support of EDB New Ventures, the venture-building arm of the Singapore EconomicDevelopment Board.
OurCrowd, Israel’s most active venture firm, today announced its partnership with the Singapore EconomicDevelopment Board (EDB), under its Global Innovation Alliance (GIA) programme. The GIA is a platform that serves to catalyze cross-border collaboration between Singapore and major innovation hubs globally. Read more here.
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. Both Bain and Rainmaking APAC were selected to participate in the Corporate Venture Launchpad 2.0
Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade. In 2019, about 300 deals were venture-backed. Will the coronavirus stymie their efforts? It has an estimated 67 VC funds, with 18 of them started since 2015.
His 40 years of economicdevelopment experience included tenures at the Michigan Department of Commerce; Secretary of the Oklahoma Department of Commerce where he created the nationally recognized Quality Jobs Program; and Partner in both Intersouth Partners and Chisholm Private Capital Partners of Oklahoma City. Gregory’s University.
Questions like: How much venture funding goes to Black women and Latina founders? She led teams that examined biases in decision-making, studied economic inequality and the manifold ways in which sociology interacts with venture capital. For the past five years, Lauren Maillian was tasked with asking hard questions.
Ben Franklin clients continued to drive Pennsylvania’s economy with innovation and entrepreneurial efforts, developing 158 software copyrights and patents and launching 380 new products and processes. The full report is available online at www.BenFranklinImpact.com.
Empower Girls To Reach Their Full Potential Entrepreneurship is a vital driver of innovation, job creation, and economic growth. As an example, only 3 percent of venture capital funding went to all-female-founded startups in 2022.
Jamil Wyne is an advisor, investor and author focusing on entrepreneurship, technology and economicdevelopment in emerging markets. He has worked with the World Bank, IFC, UN, Clean Energy Venture Group, Schmidt Futures, Ashoka, and other organizations. Jamil Wyne. Contributor. More posts by this contributor.
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. billion venture dollars invested between 2018 and 2019.
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 […]
WaveClear, which had just raised $1,125,000 in a Series-A round led by Hunniwell Lake Ventures, was applying for a Ben Franklin investment to bring on several employees to continue work on the prototypes and help with the application for FDA approval.
The round, which marks the Fund’s first investment in an African startup, drew participation from existing investors like Sequoia Capital China, Redpoint China, Source Code Capital, and Softbank Ventures Asia. Other investors, including DragonBall Capital and 3W Capital, also took part in the new financing round.
Pan-African focused venture capital firms Samurai Incubate Africa, Future Africa and Consonance Investment Managers led the round. ” Earlier this year, agritech startups like Gro Intelligence and Aerobotics raised huge sums of venture capital and showed the sector’s promise in Africa. million in seed towards this effort.
million pre-seed and seed equity rounds (led by Abu Dhabi’s Emirates International Investment Company [EIIC], Sawari Ventures and other investors), $11.2 We are pleased to partner with Blnk to drive financial inclusion and economicdevelopment in Egypt, and we look forward to working with the team to achieve their goals.”
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.
To do this, the company secured an oversubscribed $70 million in Series B financing led by Caisse de dépôt et placement du Québec (CDPQ), with participation from First Ascent Ventures, Salesforce Ventures, Vistara Growth and all existing investors. Sama CEO Wendy Gonzalez. Image Credits: Sama. million in a Series A round.
VC firms have taken notice: notable investors in Atlantic Canadian startups include Breakthrough Energy Ventures , a fund supported by Bill Gates, Jeff Bezos and Richard Branson. venture capital. About 100 companies are created every year in fields as diverse as life sciences, cleantech and ocean tech.
The company announced today that it has raised $10 million in seed funding from investors including Temasek, K3 Ventures, EDB New Ventures (an investment arm of the Singapore EconomicDevelopment Board), NX-Food, FEBE Ventures and Blue Horizon.
The wave of venture capital interest in geographies other than Silicon Valley has been building momentum over the past 5+ years. I write this as a venture capitalist and also as the biracial daughter of a first-generation immigrant, with both of my parents growing up poor by most people’s standards. More posts by this contributor.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content