Field writing from SourceLink practitioners on Entrepreneurship.
Economic Development
The world of economic development is constantly evolving and everchanging. Entrepreneurship-led economic development has become more of a focus in communities across the country as more and more recognize how crucial local small businesses are to growth and job creation. Entrepreneurship is more important than ever and organizations that support small business owners will likely...
Economic Development
This multi-part series offers ecosystem builders and economic developers insights into the four types of businesses in an entrepreneurial ecosystem—and targeted strategies that help them thrive. Small businesses form the crux of the American economy. Recent data from the U.S. Small Business Administration shows the U.S. is home to 33.3 million companies that qualify as...
Economic Development
This multi-part series offers ecosystem builders and economic developers' insights into the characteristics of the four types of businesses in an entrepreneurial ecosystem—and targeted strategies that help those businesses thrive. Small businesses form the crux of the American economy. Recent data from the U.S. Small Business Administration shows the United States is home to 33.3...
Economic Development
This multi-part series offers ecosystem builders and economic developers insights into the characteristics of each business type and targeted strategies that help those businesses thrive. Small businesses form the crux of the American economy. Recent data from the U.S. Small Business Administration shows the U.S. is home to 33.3 million companies that qualify as small...
Economic Development
Spring cleaning isn't just for closets and cobwebs. Entrepreneurial ecosystems are dynamic, and as they evolve, regular reevaluation—or "spring cleaning"—becomes essential to foster innovation, optimize resources, enhance competitiveness, and ensure sustained growth. Regular reevaluation is not merely about decluttering; it allows ecosystems to stay in sync with the changing business landscape and ensure their infrastructure...
Ecosystem Building
SourceLink Affiliate Quarterly Conversation Recap General Announcements Rob Williams, SourceLink Director, started our March 7 SourceLink Affiliate Quarterly Conversation with several announcements. The National Urban League 2024 State of Black America report is out and has a clear call which resonates: “Defend Democracy, Demand Diversity and Defeat Poverty.” Building on this topic, we believe...
Economic Development
When I started this work almost 20 years ago, very few entrepreneurship-led economic development, much less ecosystem building, resources or institutions existed for early practitioners to be able to tap into. Today, the environment is so much more robust, and frankly, exciting! From international associations picking up the mantle of entrepreneurship-led economic development to grassroots...
Economic Development
SourceLink Continues to Grow, Adding New Staff and Affiliates Welcome to our new SourceLink staff member, Solomon Lee. Solomon will serve as a project manager and brings considerable expertise to our team. Prior to joining SourceLink, Solomon was with Louisiana Economic Development, where he helped implement the Louisiana Business Hub platform statewide and across multiple...
Entrepreneurship
Artificial intelligence (AI) is revolutionizing entrepreneurship and economic development. We're going to show how AI-powered tools are empowering go-getters and community-builders to create thriving networks and drive economic impact like never before in this two-part blog series. No one can ignore the game-changing power of Artificial Intelligence (AI), especially in the business world where tools like...
Economic Development
In honor of National Small Business Week, we’re celebrating the unique and enterprising spirit of entrepreneurs who contribute to our communities. Created by the U.S. Small Business Administration (SBA) over 50 years ago, the event is co-hosted by SCORE and shines a spotlight on the innovation and hard work that goes into building a successful...
Ecosystem Building
Did you know that 42% of U.S. companies are owned by women? With nearly 13 million women-led businesses, they are making their mark on the entrepreneurial scene, claiming ownership of four out of every ten enterprises. Despite being the driving force behind numerous small businesses, there is still a need for support systems that foster...
Entrepreneurship
Access to affordable high-speed broadband is increasingly a top priority for economic and community development leaders. According to national research from the U.S. Chamber of Commerce Technology Engagement Center, a whopping 93% of today’s small business owners use at least one type of technology platform to help them with their business. It’s compelling evidence to...