Economic Development

Overview NC IDEATM is a private foundation that supports the entrepreneurial ecosystem and the economic potential of entrepreneurs in North Carolina. It partners with organizations throughout the state to empower North Carolinians to achieve their entrepreneurial potential. Its programs include: NC IDEA LABS, helping founders refine their business model and learn about their customers NC IDEA MICRO, offering small, project-based grants to young companies NC IDEA SEED, providing grant funding to advance startups NC IDEA…

Location: Hamilton, Bermuda Number of employees: 14 People trained in the Ice House Model: 300 Overview In its early days, the Bermuda Economic Development Corporation (BEDC) helped small businesses with financial support and loan guarantees. It focused on customers who couldn’t access or didn’t qualify for bank financing. Now, 40 years later, BEDC has changed the types of products it offers in response to the needs of the island’s small and medium-sized businesses. “It’s no…

  Location: Roanoke, Virginia Service area: Virginia, Maryland, Delaware, North Carolina, South Carolina, Georgia, and Florida  Services provided: Financial support for water projects, housing rehabilitation, training, technical assistance, and more to individuals, businesses, and municipalities Revenue in 2019: $6.14 million Founding date: 1969 Overview The belief that “water is life” is the foundation for SERCAP’s work of improving health outcomes by providing clean drinking water and safe wastewater disposal in low-income communities.  But behind that…

Overview By connecting entrepreneurs and small business owners with expertise, education, and economic resources, NetWork Kansas promotes an entrepreneurial environment throughout the state. Its initiatives to build assets and infrastructure include matching loans and educational courses.  Also, a network of Entrepreneurship (E-) Communities that help local residents start and grow businesses. The network has grown to 66 E-Communities. Over the past 14 years, they have been established in the state’s 105 counties, providing $21.5 million…