Entrepreneurship

Washington State Small Businesses Connect to Go Green

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SEATTLE, WA (October 15, 2018) - Green Business Advocate Stephanie Gowing created an ecosystem map of Seattle displaying all green energy businesses in the region and how they connect to each other, to encourage further entrepreneurship and collaboration in the clean energy sector.

Read more here.


Entrepreneurial Spirit Reignites Community Banks

North Carolina Business Loans

RALEIGH, NC (September 18, 2018) - Community banks are vital for entrepreneurs - they provide 44% of all small business and farm loans, and are the only banks available in one out of five counties in the United States. As small businesses themselves, local banks can thrive and grow by pursuing key principles of entrepreneurship.

Read the article here.


GFA Federal Credit Union First to Fund Legalized Marijuana Industry in Massachusetts

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GARDNER, MA (September 17, 2018) - GFA Federal Credit Union will become the first credit union to bank for the newly legalized marijuana industry in Massachusetts.

“When the Commonwealth legalized medicinal and recreational cannabis, we knew the multi-millions generated by this fast-growing industry would soon become a safety issue, if unbanked,” CEO Tina Sbrega said. “Our board of directors recognizes the need to provide banking services for the safety of our citizens in reducing the cash on the streets, and I applaud them for their vision and commitment to providing public safety.”

Read the entire article here.


Mississippi Black Entrepreneur Expo Boosts Business Owners

Mississippi Business Loan

GULFPORT, MS (September 11, 2018) - Mississippi’s Black Entrepreneur Expo featured 37 local vendors and offered networking opportunities for Gulfport business owners.

“At Walmart, or any other store for that matter, you’re not able to really get hands on service about the particular product and hear the back story,” entrepreneur Ramonic Day said. “Everybody here has a backstory as to why they started their business.”

Read more here.

Arkansas Business Owner Empowers Women Entrepreneurs through Instagram

Arkansas Business Loans

LITTLE ROCK, AR (September 10, 2018) - Arkansas business owner Erin Hohnbaum launched an Instagram social movement to highlight the success of entrepreneurs.

“There are so many fascinating women doing really cool things and there needs to be a place where we can showcase that,” Hohnbaum said. “"I feel like a lot of the women we look up to followed a similar path, but there are so many different paths out there for women nowadays.”

Read the article here.

Launch Alaska Funds Alternative Energy Startups

Alaska Small Business Finance

ANCHORAGE, AK (September 6, 2018) - A new business accelerator Launch Alaska is funding alternative energy ventures to explore solutions for the state’s high energy usage.

Isaac Vanderburg can! “Alaska is the ideal place for an alternative energy start up today,” said Isaac Vanderburg of Launch Alaska. “It’s a great place to prove your concept and get some traction.”

Read the article here.

MIT Collaborates with Sioux Tribes to Develop Small Business in North Dakota

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BISMARCK, ND (September 3, 2018) - The Massachusetts Institute of Technology launched the Oceti Sakowin Fellowship this year to connect the MIT community with entrepreners from the Sioux tribes with a focus on clean water, economic prosperity, affordable housing and renewable energy.

“In the Dakotas, creativity and ingenuity abound, yet so often entrepreneurs in these regions have been far too under-resourced. Together we can drive abundant collaboration for all doers in Oceti Sakowin and beyond,” tech entrepreneur Megan Smith writes.


Read more here.

New Mexico Top Ranked for Women’s Equality in Entrepreneurship

New Mexico Business Financing

ALBUQUERQUE, NM (September 2, 2018) - A study of gender gaps throughout the United States determined that New Mexico has the second lowest entrepreneurship gap and third lowest executive positions gap.

Read the article here.

New Hampshire Hosts Radically Rural Conference

New Hampshire Entrepreneur Resources

KEANE, NH (September 1, 2018) - The new Radically Rural Conference, hosted on the streets of Keane, New Hampshire, will highlight culture,  entrepreneurship and business development resources opportunities in rural New England.

“How do we have an event that emphasizes how cool it is to live in rural areas and what wonderful things are going on? That they’re great places to live, but also how do they become great places to work?” asked organizer Mary Ann Kristiansen, in her quest to establish a new approach to this subject.

Read further here.

Partnership Grant Funds Business Development in New Orleans

Small Business New Orleans

NEW ORLEANS, LA (August 31, 2018) - A $6,000 Partnership Grant to New Orleans nonprofit Urban Conservancy will fund programming to educate business owners in the greater New Orleans area.

“Receiving the grant enabled us to be creative in our programming,” Abigail Sebton of Urban Conservancy said. “It is incredibly important to both create programs and to strengthen relationships between local organizations and their banking partners in the Greater New Orleans area.”

Read the article here.

University of Nebraska Launches Biz Kids Camp to Encourage Student Entrepreneurs

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KEARNEY, NE (August 25, 2018) - The University of Nebraska’s Center for Entrepreneurship and Rural Development is teaching students age 10 to 14 to develop business ideas and manage finances.

"It's to kind of light that entrepreneurial fire for these students. They might know they want to start a business someday and we're really just helping them refine those skills and put them into practice," said Aliese Hoffman, coordinator of youth education.

Read more here.

TechStars Hosts Innovation Day in Frankfort, Kentucky

Kentucky Startup Funding

FRANKFORT, KY (August 23, 2018) - Entrepreneur mentorship network TechStars hosted Innovation Day in Frankfort, a summit for startups and entrepreneurs to meet potential investors and access resources throughout the state of Kentucky.

"Through our KY Innovation efforts, the Commonwealth is a leader in connecting entrepreneurs and small businesses with the resources needed to launch globally competitive companies," said Kentucky Governor Matt Bevin. "Whether they need mentorship, access to premier research facilities or financial capital, we're aligning valuable resources through KY Innovation and RISE to help them succeed. Unprecedented collaboration between the state's public and private sector partners is opening new doors of opportunity, and there has truly never been a better time to start and grow a business in Kentucky."

Read more here.

SBA Awards $150,000 FAST Award to Wyoming SBDC

Wyoming Small Business Loans

JACKSON HOLE, WY (August 22, 2018) - The US Small Business Administration has named the Wyoming Small Business Development Center as a recipient of the Federal and State Technology (FAST) Partnership Program award.

“FAST partners are an important part of the innovation entrepreneur ecosystem.  They provide training, financial and technical assistance for small, next-generation technology businesses, and help them navigate federally-funded innovation and R&D programs,” said Linda McMahon of the SBA.

Read more here.

Idaho’s Entrepreneur Challenge Awards Seed Funding to Top Startup Pitches

Idaho Entrepreneurs

BOISE, ID (August 21, 2018) - Zion Bank awarded $100,000 in seed funding for startup ideas pitched by Idaho State University students at the annual Idaho Entrepreneur Challenge.

The event gives students an opportunity to present their ideas to a team of angel investors and venture capitalists.

“Numerous judges and panelists commented on the very high quality of the ideas and presentation of the ISU teams. Over 90 teams from across the state joined the competition. According to the judges, our student teams represented ISU very well as the benchmark institution for others to follow,” said Jeff Street of the ISU Center for Entrepreneurship and Economic Development.

Read the entire article here.

Delaware Founders Initiative Mentors Startups and Entrepreneurs

Delaware small business

DOVER, DE (August 20, 2018) - The new Delaware Founders Initiative is supporting innovation and entrepreneurship in Delaware, providing business development and mentorship services to startups and new entrepreneurs.

“We’ve worked with 46 entrepreneurs’ over our three-year history, and we’re continuing to seek out and to help Delaware’s risk-takers get off the ground to help rebuild our state, turning it into a destination for ideas, innovation and industry once more,” member Bill Topkis said.

Read the article here.

Salt Lake City Has Highest Concentration of Young Business Owners in US

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SALT LAKE CITY, UT (August 16, 2018) - Salt Lake City, Utah has the greatest concentration of young entrepreneurs in the United States, a new study cited in Fox Business found.

The city’s low cost of living and youthful population make it an ideal base for establishing a business.

Read the entire article here.

South Dakota, Tennessee, Alaska, Michigan and Utah Rank Highest for Supporting Small Businesses

Business Financing

SIOUX FALLS, SD (August 14, 2018) - The states of South Dakota, Tennessee, Alaska, Michigan and Utah rank highest for being friendly and supportive to small business owners, according to a new national survey of 7,500 business owners.

Read more here.

RAIN Launches to Stimulate Entrepreneurship in Oregon

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LINN COUNTY, OR (August 10, 2018) - Oregon’s Regional Accelerator and Innovation Network will begin funding entrepreneurs and startups in eight participating towns in Linn and Benton Counties.

Corey Wright of RAIN aims to build new entrepreneurial ecosystems in the area, with the use of asset mapping.

“I figure out what types of resources are available and what doesn’t exist, that might be used by local entrepreneurs," Wright said. "Let’s say there are several people in Brownsville making specialty food products in their homes. Is there a local commercial kitchen with whom they could contract to expand their production capabilities?”.

Read the article here.

Black Women-Owned Businesses Thriving in Oklahoma

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TULSA, OK (August 9, 2018) - Black women-owned businesses in Oklahoma grew 160 percent from 2002-2012, a new report by the Federal Reserve Bank of Kansas City found.

The Kansas City Federal Reserve hosted an event for regional business owners to share their experiences and concerns. Chief among their concerns were challenges with credit, as well as lack of access to mentorships and business development information.

"You could see the palpable energy in that room when they talked about their experience as owners and what they had to go through to do what they needed to do,” said Dell Gines of the Kansas City Federal Reserve.

Read more here.

Montana #1 in US for Entrepreneurship

Source: Montana Public Radio

Source: Montana Public Radio

HELENA, MT (August 7, 2018) - Montana leads the United States in entrepreneurship, according to a new study by the Bureau of Business and Economic Research at the University of Montana.

More than ten percent of Montanans own a business as their primary job, compared to the national average of six percent. Approximately 3,400 Montanans launch a new business every month, and more than half of all businesses opened in 2011 were still open five years later.


"Industries wax and wane. The entrepreneur's job is to kind of say, ‘Oh hey, that industry over there is on a downturn. That means there's some capacity that’s going un-utilized here. Let me see if I can figure out how use that to do something else,” said researcher Bruce Ward. "We create a lot of seeds, those seeds germinate and tend to survive."

Read the article here.