Topics Under Tag: "entrepreneurship"

manufacturing renaissance

In Chicago, Boosting Entrepreneurial Opportunities While Saving Manufacturing Jobs

Anne Field | February 5, 2019

In greater Chicago, most owners of manufacturing companies are not only white, but also are retirement-age and lack a succession plan. Their kids don’t want to take over or they lack the skills to do so. The likeliest fate for those businesses is to be bought by private equity firms that fire the employees, sell […]

Entrepreneurs are Optimistic, But Policy Changes Can Help

Locavesting Staff | March 1, 2018

The state of entrepreneurship is… optimistic. That’s according to the Ewing Marion Kauffman Foundation, which presented its 9th annual State of Entrepreneurship address on Wednesday. Although entrepreneurship as a percent of the population is just half of what it was a generation ago, the trend has been ticking up in recent years. And entrepreneurs, it seems, […]

Startups: On the Rise and Increasingly Diverse

Locavesting Staff | August 5, 2016

Startup activity in the U.S. is on the rise again. Three-hundred and thirty out of every 100,000 adults became an entrepreneur last year—translating to 550,000 new businesses a month. A growing number of them were women and Latinos, and most started a new venture to seize an opportunity, rather than out of necessity. These are […]

Spurring Rural Entrepreneurship: 8 Innovative Business Models That Don’t Break The Bank

Becky McCray | June 3, 2016

Starting a business in a small town or rural place isn’t easy. Financing can be a major roadblock. In some small towns, local banks may not support unproven business owners. In other towns, the formerly-local banks are now owned by out-of-town conglomerates with far-away loan approval committees. In still other rural places, there simply aren’t […]

Reimagining B-School: At Etsy.org, Love & Community Top the Syllabus

Amy Cortese | March 31, 2016

Since its founding in 2005, Etsy has helped lead a revival in crafts and DIY culture, providing an alternative to soulless, mass manufactured goods. When the company, a B Corp., went public in 2015, it used some of the proceeds to endow a separate foundation, Etsy.org, to further its mission of “re-imagining commerce.” As the […]

Is Student Debt Crushing Millennial Entrepreneurship?

Locavesting Staff | January 27, 2016

Mention the words entrepreneur or founder, and images of ambitious, be-hoodied youth might arise. Thanks to Silicon Valley, youth and entrepreneurship are intertwined in the popular imagination. But the reality is starkly different. Millennials lag behind older age groups in starting and running their own businesses. And a new study suggests that student debt loads […]

The secret to fundraising success? Think friends, not investors.

Evan Loomis | January 2, 2016

Evan Loomis (above right) and Evan Baehr (above left) are accomplished entrepreneurs.  In their new book, Get Backed, they analyze their own experience as well as that of other successful entrepreneurs to answer the question:  What does it really take to raise money? The answers—highlighted in the excerpt below— may surprise you.  Sixty-three percent of […]

A New Index Shows Main Street Entrepreneurship on the Rise

Locavesting Staff | December 11, 2015

It was a good year for Main Street entrepreneurs. A new Kauffman Foundation index of small business entrepreneurial activity showed a large increase in 2015, marking the first big gains since the onset of the financial crisis six years ago. The Ewing Marion Kauffman Foundation has long been a champion of entrepreneurship, especially the kind […]

Kauffman Foundation: Six Strategies for Building an Entrepreneurial Ecosystem

Locavesting Staff | October 19, 2015

How do you create an entrepreneurial ecosystem? It’s the question that launched a thousand programs. We know that new business creation is a driver of economic growth and vitality. So, naturally, a lot of effort has been invested in trying to spur entrepreneurship. Over the past several years, the focus has shifted from narrowly-focused programs […]

Narrowing the Gender Gap through Entrepreneurship

Amy Cortese | March 16, 2015

The gender gap. It’s 2015, and we’re still talking about it. Recent headlines have highlighted the lack of women at top museums, in Silicon Valley, in Hollywood, and at the high-powered Davos gathering, to name just a few male bastions. Across corporate America, women represent just 15 percent of executive officers, 8 percent of top […]