The Entrepreneurial Learning Initiative
Issue 6 | June 2024
Global Thinking

Global Thinking

"Amid VC Winter, Smaller Ecosystems Are Thriving"

In the article "Amid VC Winter, Smaller Ecosystems Are Thriving," the focus shifts to the resilience and growth of local entrepreneurial ecosystems amidst a downturn in venture capital funding. The piece highlights how startups in diverse regions are thriving by leveraging community support, innovative thinking, and alternative funding sources.

For followers of ELI's work, this global trend underscores the vital role of community-based entrepreneurial support. It demonstrates that innovation and entrepreneurial success can flourish anywhere, reinforcing the importance of ELI's mission to empower communities through entrepreneurial education, regardless of traditional funding access.

Enable Local Entrepreneurs

Article

Article

Virginia Tech researcher explores the role of immigrant entrepreneurship

Virginia Tech's Chunbei Wang's research delves into the intricate dynamics of immigrant entrepreneurship in the United States, revealing that immigrants, driven by factors like economic opportunity and independence from potential discrimination, are significantly more likely than native-born citizens to embark on entrepreneurial ventures.

Wang underscores how microeconomic factors such as education and financial resources, alongside macroeconomic conditions and immigration policies, shape these decisions. Her work not only highlights immigrants' substantial economic contributions but also should inform policymakers and ecosystem support members on optimizing immigration policies to foster community-centered entrepreneurship.

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