USA TODAY

Delaware Founders Initiative Mentors Startups and Entrepreneurs

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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.

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Elon Musk’s Business Growth Hack

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NEW YORK, NY (March 20, 2018) - USA Today reveals the key factor behind Elon Musk’s successful approach to marketing: find something unique that people will want to talk about.

Standing out from the crowd is a challenge in today’s market, but successful businesses thrive from highlighting features or events that people will remember.

Musk’s company SpaceX recently launched a rocket with a Tesla onboard into space and successfully landed it back on earth, achieving the ultimate publicity stunt.

Other companies have employed similar awe-inspiring tactics.

“What about the Amazon drone delivery system?” author Steve Strauss writes. “You remember that, don’t you? Of course you do. A few years ago, right before the holidays, Amazon cleverly released videos of a drone delivering packages to customers’ doorsteps. That it hasn’t happened yet has not hurt Amazon’s image as an innovator and go-to shopping hub.”

Read the entire article here with tips on how to utilize these strategies on the scale of a small business.

How the Tech World Can Help Small Businesses

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SAN JOSE, CA (January 23, 2018) - Devin Wenig, CEO of eBay shares a compelling Op-Ed in USA Today highlighting the importance of connection and collaboration between the tech industry and the small business world.

“Creating pathways between remote areas and urban centers is beneficial in recirculating economic prosperity. Instead of painting the tech sector and innovation as job destroyers, we need a new model of public-private tech partnership where technology companies and public officials come together to rev the small business engine,” Wenig writes.  

Read the entire article here.

Small Businesses Expand, Invest Despite Gridlock in Washington

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WASHINGTON DC (September 26, 2017) excerpt via USA TODAY -  Small business owners are tired of sitting on their hands while Washington dithers.

Despite lingering uncertainty over tax and health care policy, U.S. entrepreneurs are moving ahead with investment and expansion plans that could juice economic growth.

Thirty-two percent of small businesses are planning capital outlays in the next three to six months, the strongest reading since 2006, according to the National Federation of Independent Business’s August survey. And 27% say the next three months is a “good time to expand,” the largest share in 13 years.

A September survey of economists by the National Association for Business Economics, out Monday, predicts that business investment overall -- by small and larger companies -- will grow 4.4% this year, up from their 3% median estimate in December. Businesses that expand, buy new equipment or build new structures typically hire workers to operate the machines or occupy buildings, while the factories that make the products generally need to staff up as well.

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Small Business Head Sees Businesses Held Back By Lack of Loans, Workers

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NEW YORK, NY (September 13, 2017) — Six months into her tenure as head of the Small Business Administration, Linda McMahon sees a split among small business owners — they are increasingly optimistic, she says, but many are held back by their inability to get loans or find the right workers for jobs that are staying open.

"Entrepreneurs are willing again to be bigger risk-takers than they have been over the past eight years," McMahon said in a phone interview this week with The Associated Press. But, she said, there are also lingering effects of the Great Recession, and "I think there is still a caution."

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