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Magnetar, a global multi-strategy alternative asset manager, with additional support from Pulse Fund and strategic partner Pritchard Auto Company, made a $36 million equity contribution to the five-year-old company. In addition, Endera secured a $13 million credit facility.
She came to a Startup Weekend and gave a speech about how New York wasn''t doing such a great job supporting tech entrepreneurship. Her support made the Brooklyn Tech Triangle study possible and I''m always getting questions from her team about making sure their policies are keeping the fast growing tech sector in mind.
The interactive International Entrepreneurial Summit (IES) focused on supporting the UN Sustainable Development Goals (SDGs) —17 goals and 169 targets to eradicate poverty, reverse inequality and halt climate change by 2030. SDG 8 – Decent Work and EconomicGrowth. SDG 5 – Gender Equality. •
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. To mark this important occasion, we recently held an event that brought together many of our partners, entrepreneurs, supporters, and friends.
Racial wealth disparity is a major barrier to thriving communities and economicgrowth. 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. Living Cities’ Cities and Businesses of Color: A Guide to EconomicGrowth.
Ive been grateful to see that support firsthand throughout my careerwhether through the passage of the JOBS Act , the creation of Opportunity Zones , or, most recently, the Regional Technology and Innovation Hubs (Tech Hubs) initiative. were on the platform. Based in Washington, D.C.,
an event showcasing the innovation and economicgrowth possible in the middle of the country. Where to go: Crystal Bridges and The Momentary for world-class art collections, Slaughter Pen (or any of Northwest Arkansas’s 250+ miles of world-class trails) for mountain biking, and Scotch and Soda for a modern take on a classic cocktail.
Governor Josh Shapiro’s bipartisan budget supports programs to create vibrant downtowns and commercial corridors across PA helping small businesses. It supports main streets, downtown business districts, small businesses, and local communities across Pennsylvania.
According to the report , the Ministry of Economy recently introduced guidelines outlining support measures to strengthen startups in Japan. By simplifying the visa process and expanding opportunities for foreign talent, Japan seeks to support its startup sector, promote economicgrowth, and cultivate a vibrant entrepreneurial environment.
When women have more money, not only is there gender equality and economicgrowth, but there’s also stronger and healthier communities for our children and generations to come. The best advice she ever gave me, though, was to join the EO to build my leadership skills and my support network. and more articles from the EO blog.
Today, it’s one of the most valuable companies in the world, with a market capitalization of more than $550 billion, directly employing 47,000 and supporting a far larger economy , from contractors and suppliers to iOS application developers. Granted most startups will never become another Apple or Google.
World Entrepreneurs’ Day, celebrated each 21 August, honors the innovators, risk-takers, and trailblazers who shape industries, drive economicgrowth, and inspire others. At EO, we celebrate and support entrepreneurs on World Entrepreneurs’ Day—and every day! EO supports entrepreneurs at every age and stage.
These businesses deserve our support and celebration; they make up the bulk of the existing entrepreneurial ecosystem in any community. Microenterprise and Main Street companies are especially important for our rural communities, and should be carefully considered in rural economic development. Digitally disconnected.
Building Startup Communities is the Way to EconomicGrowth and Recovery. The research and evidence supporting the impact and value of startup community building is strong. Economicgrowth or expansion (or recovery) depends on business dynamism. Startups are key to business dynamism and strong economicgrowth.
AI presents a tremendous economic opportunity for New Jersey, poised to create good-paying jobs, catalyze new discoveries, grow our start-up community, and foster long-term economicgrowth, said Governor Murphy. Winners will also receive mentorship and advisory support from the Administrators network of subject matter experts.
Suhail’s efforts focus on SDG number 4, “Quality Education,” which aims to “ensure inclusive and quality education for all and promote lifelong learning,” and SDG number 8, “Decent Work and EconomicGrowth,” which aims to “promote inclusive and sustainable economicgrowth, employment and decent work for all.”.
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.
Economic Development Administration that represents a forward-looking commitment to supercharging innovation across the nation, spurring cutting-edge technological investments, and creating 21st-century job opportunities. The post Making Northcentral PA the Global Center for Advanced Pressed Materials first appeared on BFTP/CNP.
The funding will support startup companies in the development of commercially viable technologies that combat food insecurity, helping to increase access to nutritious foods and alleviate food deserts.
Should Latino companies simply bide their time, hoping for the winds of investment to bring economicgrowth their way? This proximity allows for more accessible communication, collaboration, and quicker response times, which can be especially advantageous in industries that require real-time decision-making or support.
Despite years of economicgrowth in the city, the homeless population was larger at the start of this year than when the Mayor took office. Homes on that block are now going for over $700,000. We continue to have a serious homelessness problem—one that was worsening even before the pandemic.
r Titled “ Bey ond Connectivity: The Role of Broadband in Rural EconomicGrowth and Resilience” , the research study compared economic data from three types of rural communities: 1. This contrasts with comparable underserved communities that experience little to no economicgrowth or benefit.
a nonprofit dedicated to fostering the growth of startups and entrepreneurs in Oklahoma, is proud to announce surpassing the $100 million mark in total investments. This achievement highlights their continued commitment to driving innovation and economicgrowth across Oklahoma and beyond. i2E, Inc., About i2E, Inc.
Prime Minister Pham Minh Chinh focused on the role of startups and innovation in driving economicgrowth while speaking at the “ TECHFEST – WHISE 2023 ” imprint program in Ho Chi Minh City on November 25. PM Chinh emphasized the government’s full support for startups and innovation projects.
Goldman Sachs and the Goldman Sachs Foundation launched the 10,000 Small Businesses initiative to help entrepreneurs create jobs and economicgrowth by providing them with greater access to business education, financial capital and business support services. ” – Jerome Brown, co-owner of Detroit Soul.
(April 24, 2024) – The New Jersey Economic Development 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. This early commitment from the NJEDA catalyzes additional financing in these innovative startups.
$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.
Whether it is gaining greater access to funding, more support balancing family and career, or other hurdles, women need more resources and opportunities to succeed. Doing so will not only empower more women in business but also drive broader economicgrowth and innovation.”
Founded by Managing Director Nuraizah Shamsul Baharin , MADCash, short for Multiply, Assist, Donate Cash, is dedicated to supporting unbanked and underbanked women entrepreneurs with the ultimate goal of establishing an alternative credit scoring system to enhance their future financial prospects. ” Nuraizah said.
The clearest mechanism for this support was wartime expenditures on research and development by the U.S. The SBIC program continues to this day, supporting more than 300 investment firms each year. Innovation and entrepreneurship policy experts view the expansion of this program as a key lever for improving economicgrowth.
Entrepreneurs are key contributors to job creation and economic stability, so your long-term strategy should include ways to support their success by building effective entrepreneurship ecosystems. How can you get others on board to help support your vision? Building collaborations can spark, spur, and sustain economicgrowth.
“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. Identify Potential Allies.
The new fund has already received support from previous institutional investors, including OIP Investment Trust and Gates Ventures, as well as numerous foundations, individuals, and family offices. India and Southeast Asia’s startup ecosystems are thriving, with immense potential for growth and innovation.
As President of the Board, Angie’s passion for IT security and governance aligns seamlessly with Ben Franklin CNP’s mission to support innovation and entrepreneurship in the community.
Watch/listen to the Interview: In this interview Richard Liew talks with James Burnes , Chief Executive at Ministry of Awesome , a Christchurch New Zealand based startup hub helping high growth startups throughout New Zealand to start, grow and scale up. I’d rather put the money into the program themselves than supporting the founders.
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 economically sustainable solution while alleviating stress on the power grid. Learn more here.
This fund’s vision is to offer financial support, build investment connections, share knowledge, and facilitate networking opportunities between Southeast Asian and Korean businesses for the growth and innovation of both regions’ tech landscapes.
$1 billion allocated to support her philanthropic voice of advancing women and family causes Melinda French Gates announced she is going her own way, stepping down from the Bill & Melinda Gates Foundation she and her husband founded almost 25 years ago.
While sharing her professional journey—from tween entrepreneur to international executive—she also spoke to the audience of men and women about supporting each other and making a difference in the world. . Is there enough love, support, concern, compassion mentoring to build this better world? I have it all right? Well, maybe not.
Register The Malaysian Ministry of Science, Technology, and Innovation (Mosti) is set to collaborate with Bursa Malaysia to push the growth of startups and promote innovation within the country. The new partnership is expected to support the program.
Ben Franklin Technology Partners of Central and Northern PA (CNP) has remained steadfast in its pivotal role, bolstering local tech-based enterprises, small manufacturers, and entrepreneurs by continuing to provide essential business support services, training, and capital investments.
And with the support of the Royal Government of Cambodia, he wanted to see how technology will help them leapfrog into a developed economy. With all of these in mind, Meng shared his excitement for their partnership with Binance as he also expressed optimism that the JV will go a long way in accelerating inclusive economicgrowth in Cambodia.
To support employment generation among youth and marginalized communities, promote social cohesion as well as to support the Government of Jordan in developing a vibrant social entrepreneurship ecosystem, UNDP launched “Heart of Amman (HoA)” in July 2019 funded by the People of Japan.
“Support for entrepreneurship and digital transformation is essential to economicgrowth, job creation, and resilience,” said Makhtar Diop, IFC’s Managing Director.
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