Entrepreneurship ecosystem

TiEcon 2021: Unstoppable Tech Innovation

Thursday, May 6, 2021 - 1:15am

b'SAN JOSE, Calif., May 5, 2021 /PRNewswire/ --TiEcon starts tomorrow for 3 days of unstoppable technology innovation topics-May 6-8, 2021.

Key Points: 
  • b'SAN JOSE, Calif., May 5, 2021 /PRNewswire/ --TiEcon starts tomorrow for 3 days of unstoppable technology innovation topics-May 6-8, 2021.
  • Kevin Thompson is Chief Executive Officer and Executive Chairman of the Board for Tricentis.\nTiE Silicon Valley (sv.tie.org) is a not-for-profit organization dedicated to fostering entrepreneurship.
  • TiE hosts TiEcon to create an entrepreneurial ecosystem under one roof for C-level executives, investors, and entrepreneurs.\nThe Indus Entrepreneurs (TiE) is the largest global not-for-profit organization.
  • Founded in 1992, TiE\'s chapters organize hundreds of events throughout the year, to educate, inspire, mentor, and fund entrepreneurs.

RAIN Helps Entrepreneurs in Rural Oregon Survive Thanks to Improved PPP Access

Wednesday, May 5, 2021 - 12:00pm

Senator Ron Wyden, a dozen underrepresented entrepreneurs from small towns across the state of Oregon were able to step up to the (virtual) mic to share their stories.\nThrough RAIN, rural Oregon entrepreneurs are finding their voice and finding access to funding, support and development programs that help them and their communities thrive.

Key Points: 
  • Senator Ron Wyden, a dozen underrepresented entrepreneurs from small towns across the state of Oregon were able to step up to the (virtual) mic to share their stories.\nThrough RAIN, rural Oregon entrepreneurs are finding their voice and finding access to funding, support and development programs that help them and their communities thrive.
  • RAIN believes entrepreneurs advocating for themselves is critical and resulted in more small and early-stage businesses in Oregon getting the help they needed.\n"Access to capital is an ongoing barrier for entrepreneurs, especially in rural Oregon," says Chief Executive Officer Caroline Cummings.
  • Only 34 percent of rural entrepreneurs RAIN serves received some form of emergency support over the last 15 months -- PPP or EIDL.
  • Since 2014, RAIN has been invited to serve 23 cities across 5 counties in Oregon to help them build inclusive entrepreneurial ecosystems and innovation economies.

"IN MOMS WE TRUST" Global Virtual Summit

Tuesday, May 4, 2021 - 12:17am

Amplifying Her Voice will serve as a global platform that will bring such stakeholders together from within Women Investing in Women Digital\'s virtual tribe to a broader global community of women entrepreneurs, investors, technologies, and industry professionals to accelerate both communication and unprecedented digital connectivity.

Key Points: 
  • Amplifying Her Voice will serve as a global platform that will bring such stakeholders together from within Women Investing in Women Digital\'s virtual tribe to a broader global community of women entrepreneurs, investors, technologies, and industry professionals to accelerate both communication and unprecedented digital connectivity.
  • This Roundtable will be the beginning of a series of conversations where professionals from within the global innovation ecosystem may listen, learn, and share best practices with the global women\'s entrepreneurship ecosystem where our global network of women investors and philanthropists will be invited.
  • With more than 1,600 attendees and 250 speakers from over 100 countries, we were inspired by the turnout--and the conversation.
  • The State of Women Podcast Network, launching Spring 2021 on GooglePlay, Android, and KaiOS, encompassing 300 women podcasters from across five continents.

Draper Hero Institute Launches New Innovation Research Index

Thursday, March 25, 2021 - 5:00pm

"This data provides information on the top-performing innovation and entrepreneurship ecosystems nationally and globally; venture capital funding and investment trends; and new business and employment creation."

Key Points: 
  • "This data provides information on the top-performing innovation and entrepreneurship ecosystems nationally and globally; venture capital funding and investment trends; and new business and employment creation."
  • "Our role was to help the Draper Hero Institute track down authoritative datasets that represent fundamental criteria for the index like democracy and government transparencyand then use our GIS technology to put the index on a map in order to see patterns emerge across country and regional boundaries."
  • Founded by legendary Silicon Valley venture capitalist and entrepreneur Timothy C. Draper, Draper Hero Institute (DHI) provides applicable and modern resources for future entrepreneurs globally and ensures inclusiveness and opportunities for all.
  • As an action-based research institution, DHI focuses its efforts on non-traditional pathways to guide future entrepreneurs in the new economy.

Epicenter Relocates Primary Office Space to Downtown Memphis

Thursday, March 18, 2021 - 3:00pm

Epicenter announced today its primary office location is moving to the former Ground Floor space at 150 Peabody Place, in downtown Memphis.

Key Points: 
  • Epicenter announced today its primary office location is moving to the former Ground Floor space at 150 Peabody Place, in downtown Memphis.
  • View the full release here: https://www.businesswire.com/news/home/20210318005282/en/
    Terminix Global Holdings, Inc., will sublease the 20,000-square-foot space to Epicenter, the greater Memphis regions nonprofit entrepreneurship hub.
  • The Ground Floor space was originally designed as a community hub for innovation, collaboration and vitality, so partnering with Epicenter to grow the local entrepreneurial ecosystem fulfills that vision and investment.
  • While many of the coworking members have been working from home over the last 12 months, Epicenter kept its space open to members at no charge.

Minister Ng provides update on Black Entrepreneurship Program

Thursday, February 25, 2021 - 4:33pm

The Black Entrepreneurship Loan Fund seeks to address the specific systemic barriers Black business owners have too often faced when seeking financing.

Key Points: 
  • The Black Entrepreneurship Loan Fund seeks to address the specific systemic barriers Black business owners have too often faced when seeking financing.
  • "The Black Entrepreneurship Loan Fund is an important milestone in opening up capital, innovation and job creation to Black entrepreneurs and business owners.
  • The Black Entrepreneurship Program includes:
    up to $53 million for the National Ecosystem Fund to support Black-led business organizations across the country.
  • up to $33.3 million in support through the Black Entrepreneurship Loan Fund, which will provide loans of up to $250,000 for Black business owners and entrepreneurs.

MIT REAP launches new regional innovation and entrepreneurship acceleration program in Nova Scotia following successful UK pilot

Thursday, February 4, 2021 - 12:42pm

CAMBRIDGE, Mass., Feb. 4, 2021 /PRNewswire/ -- Today the MIT Regional Entrepreneurship Acceleration Program (MIT REAP) announced the launch of its new Focus program in Nova Scotia following a successful pilot program in the UK.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 4, 2021 /PRNewswire/ -- Today the MIT Regional Entrepreneurship Acceleration Program (MIT REAP) announced the launch of its new Focus program in Nova Scotia following a successful pilot program in the UK.
  • MIT REAP is a powerful global initiative that engages with communities to supercharge innovation and entrepreneurship ecosystems and transform economies.
  • Nova Scotia previously participated in the MIT REAP Global program, Cohort 4 (2016-2018).
  • On the heels of the success of MIT REAP Team Nova Scotia, ONSIDE (Organization for Nova Scotia Innovation-Driven Entrepreneurship), a non-profit organization, was created to amplify the power of IDE and leverage MIT REAP strategies.

Entrepreneurial societies make resilient regions – Webinar summary

Wednesday, February 3, 2021 - 12:07am

This OECD and CoR's lunch-time webinar emphasised that developing entrepreneurial societies is a key factor to build long-term resilience across EU regions.

Key Points: 
  • This OECD and CoR's lunch-time webinar emphasised that developing entrepreneurial societies is a key factor to build long-term resilience across EU regions.
  • The webinar began with the keynote speech by
    Professor Mark Sanders,
    coordinator of the Horizon2020 FIRES project.
  • He presented the main elements of this project (2015-2018) which aimed to strengthen entrepreneurial societies across the EU as the solution to create a more inclusive, innovative and sustainable growth (explanatory video
    here).
  • Mr Sanders highlighted that FIRES' reform proposals in the realms of finance, labour and knowledge are still very valid today with the COVID-19 pandemic having reinforced the need for resilient regional entrepreneurial ecosystems.
  • According to Mr Sanders, institutions play an essential role in entrepreneurial economies, with contestability being one of those crucial principles that should be promoted by regional economic policies.
  • The webinar continued with the first reactions of the invited speakers from both the CoR and OECD.
  • Some key takeaways: Mr Potter pointed out that there is very little sign of convergence in entrepreneurial rates between regions since entrepreneurship tends to thrive in the strongest regional ecosystems; however, entrepreneurship still needs to be stimulated in all regions.

2112 Announces Comcast Business Startup Studio Supporting Small Business Throughout Chicago

Tuesday, December 8, 2020 - 6:53pm

CHICAGO, Dec. 8, 2020 /PRNewswire/ --2112 has partnered with Comcast Business on the development of a Startup Studio, with additional support provided by Shure, Wintrust, Hughes Foundation, and Karp Designs.

Key Points: 
  • CHICAGO, Dec. 8, 2020 /PRNewswire/ --2112 has partnered with Comcast Business on the development of a Startup Studio, with additional support provided by Shure, Wintrust, Hughes Foundation, and Karp Designs.
  • "Comcast Business is a proud member of the 2112 family.
  • We're thrilled to support the development of a Startup Studio,"said Jeff Cobb, Comcast Business Regional Vice President.
  • "The Comcast Business Startup Studio furthers 2112's mission to support Chicago's entrepreneurial ecosystem and foster growth of the creative sector."

The Diaspora Investment and Trade Deal Event shifts from years of in-person trade missions in Africa, to a 5-day virtual exposition during the pandemic

Tuesday, November 24, 2020 - 4:00pm

As a result, 800+ people were in attendance, 100+ relationships were formed, and 30+ minority-owned businesses participated in discussions about contracting with enterprises in Africa.

Key Points: 
  • As a result, 800+ people were in attendance, 100+ relationships were formed, and 30+ minority-owned businesses participated in discussions about contracting with enterprises in Africa.
  • The United States is comprised of nearly two million African immigrants with direct kinship ties to the African continent and spending power of $40 billion.
  • Many among this contemporary Diaspora have gained prominence professionally and contribute economically to the U.S. and African economies, particularly through remittances in billions of U.S. dollars.
  • Known for supporting entrepreneurship ecosystems, VLA offers connections to trade partners, supply chains, tech transfer enterprises, talent, advisors and Diaspora users.