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Our 25th anniversary is not just a milestone – it’s a testament to the unwavering dedication of a community committed to innovation, entrepreneurship, and economicgrowth. These companies span numerous industries such as software/IT, healthcare services and devices, energy and environment, manufacturing, and biotechnology.
$43 million invested to foster regional collaboration to support the economicgrowth of communities through innovation Universities, nonprofits, businesses and other organizations across the U.S. These first-time awards were given to 44 teams around the country tasked with driving American innovation into the future.
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.
Husk Power Systems , a clean energy company that has been at the forefront of fueling rural electrification since 2008, is planning to launch 500 solar mini-grids in Nigeria over the next five years. The company plans to have additional technological and business model innovations, and the use of AI and IoT to remotely manage its fleet.
Some say that economicgrowth and environmental protection are on opposing sides. Developing countries like India and China have slowed or leveled off coal consumption as renewable energy sources become cheaper. He is also the co-founder and owner of Pelangi Water, a CPG/beverage brand in Indonesia. .
To seize a future of energy abundance, we must simplify the generation, transmission, and consumption of electricity; this entails decentralizing the grid. Of course, such evolutions breed new challenges, and we need innovation to bridge the gap. This is a critical ratelimiter and cost driver in our energy transition.
We believe growth is progress – leading to vitality, expansion of life, increasing knowledge, higher well being. We agree with Paul Collier when he says, “Economicgrowth is not a cure-all, but lack of growth is a kill-all.” We believe everything good is downstream of growth. EnergyEnergy is life.
Pictured left to right: Barry Snyder, Erin Kerner, Bob Dornich (TechCelerator Coach), Michael Irvin “We are thrilled to witness the success of these promising startups and their potential to drive economicgrowth in the Erie region,” remarked Brian Slawin, Portfolio Manager for Ben Franklin CNP. Premier Manufacturing – d.b.a
million in seed funding, three months after setting up operations in East Africa’s biggest economy , to provide clean-energy mass transit vehicles in a country that is heavily-reliant on fossil-fuel buses. Both companies have set their eyes on the mass transit sector, which is slowly shifting to clean-energy options.
To tackle this matter, Impact Hub partnered up with the Luc Hoffmann Institute and the IUCN CEESP* to launch the Future of Conservation NGOs Innovation Challenge. The ideas or projects may include new business model innovations, partnerships, networks, structures and/or tools and tactics. . appeared first on Impact Hub.
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. appeared first on BFTP/CNP.
in income replacement grants and mentorship to first-time entrepreneurs, creating 10 new businesses and helping fuel innovation in strategic sectors The New Jersey Economic Development Authority (NJEDA) today announced the inaugural cohort of the New Jersey Innovation Fellows (NJIF) program.
“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economicgrowth.” — Grow Your Own: Entrepreneurship-based Economic Development for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City.
Eflex Intelligent digital energy for homes and small business 2020 Lumme Lumme Health is a digital behavioral health company with a radically superior approach to facilitating success with weight management and problematic eating patterns. Tursus Developing innovative back-office solutions for the point-of-sale industry.
The Ben Franklin program has been investing in tech startups for nearly 40 years, allocating capital to help catalyze economicgrowth, empower local entrepreneurs, and elevate rural Pennsylvania’s position as a hub for innovation.
These efforts include investing in renewable energy, minimising energy consumption, and adopting sustainable practices to ensure real progress towards net zero. For instance, investing in renewable energy can create jobs within the energy sector, while simultaneously reducing pollution levels and benefiting public health.
Eligible companies for investment include those focused on commercializing technologies in advanced computing, advanced materials, biotechnology, carbon footprint reduction technology, electronic device technology, information technology, life sciences, medical device technology, mobile communications technology, or renewable energy technology.
Uwana Energy provides affordable solar energy products to low-income Nigerian microentrepreneurs. Hinata Energy aims to provide affordable energy for a healthier cooking environment by offering biofuel-powered cookstoves. Electricity and gas supply. About 80 million Nigerians face daily blackouts. Financial activities.
(June 21, 2023) – In May , the New Jersey Economic Development Authority (NJEDA) Board approved five grant applications totaling more than $3.7 Wind energy is our future. Offshore wind represents a unique opportunity to meet the State’s clean energy goal of reaching 100 percent clean energy usage by 2035.
Energía Vectorial: Pioneering electric vehicle transformation in Latin America Energía Vectorial, a member of Impact Hub Medellín since 2019, is revolutionising urban mobility in Latin America with innovative electric vehicle (EV) conversion technologies. Energía Vectorial’s influence extends beyond mere technological innovation.
Keeping this in consideration, there is no doubt that the world tomorrow will herald technological innovations that we cannot imagine today, just as no one envisioned smartphones merely 50 years ago. . Surplus energy is directed back to the power grids, thus creating a viable and energy-efficient power source.
Senator Todd Young (R-IN) spoke with a16z General Partner Martin Casado at the American Dynamism Summit about the importance of open innovation and American leadership in AI, and why we need to support AI research at all levels — from the classroom to the war room. Here is a transcript of their conversation: Martin Casado: Great.
The investment focus, within rural Colorado, is on founders and entrepreneurial teams in outdoor recreation, B2B SaaS (Govtech, Cybersecurity), Energy, Aerospace, CPG, and Agtech industries. Similar to Fund I, Fund II will invest in 25-30 companies with an average initial check size of roughly $500k.
The investment focus, within rural Colorado, is on founders and entrepreneurial teams in outdoor recreation, B2B SaaS (Govtech, Cybersecurity), Energy, Aerospace, CPG, and Agtech industries. Similar to Fund I, Fund II will invest in 25-30 companies with an average initial check size of roughly $500k.
Renewable energy investment, reduced consumption, and sustainable practices are vital for true progress. It fuels innovation, economicgrowth, employment, and public health. Net zero demands genuine emission cuts, not just offsets. Myth: Net Zero is Unattainable Some claim achieving net zero is too ambitious.
Nevertheless, as Sonia Pérez states, “the driving force is always the energy, capabilities and generosity of all female entrepreneurs”. Over the course of this year, more than 500 women have used the tools provided by Impact Hub and Coca-Cola Spain to boost their businesses and embody their ideas.
The driving force of economicgrowth for the US is gains in productivity driven by calculated risk-takers, passionate entrepreneurs and disruptive innovation. There is a lot of inertia in keeping things the way they are, which largely funds and supports the innovation coming from founders who are white or Asian men.
Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. ” Climate resiliency . Fables of the reconstruction.
Tech hubs are an important part of a states business ecosystem as they foster innovation, collaboration, and entrepreneurship in the technology sector. This initiative advances the production of critical technologies that help create jobs in innovative industries and strengthen U.S. economic competitiveness and national security.
“We are convinced that the contribution of these type of companies, especially the scale-ups, is super significant to the prosperity and to the economicgrowth of the country.
In this fireside chat from the American Dynamism Summit , a16z Cofounder and General Partner Marc Andreessen sits down with economist, podcaster, and polymath Tyler Cowen to discuss the state of innovation in America, from recent AI advances to growing support for nuclear power. What do you see the prospect is like, for the next 20 years?
After all, innovation and entrepreneurship aren’t blue state issues or red state issues; they are embedded in the very fabric of our nation. Beyond the numbers, the impact of that capital has also translated into jobs, economicgrowth, and success stories that have inspired others to start or back companies in their hometowns.
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