At the height of Caitlin Clark mania, we talked to women leaders at two growing companies from Cedar Rapids about shooting to national prominence by knowing how to dish off value for others.
Read updates about new investments from Finland-based Metso in its native land, France-based Air Liquide near Micron’s megaproject in Idaho; and China-based Gotion in north Africa.
On the 80th anniversary of D-Day last week, Editor in Chief Adam Bruns and his father looked up from a parking lot to see the Blue Angels practicing a maneuver near Spirit of St. Louis Airport, where the vaunted United States Navy team later took part in a weekend air show. Later that evening, Blue Angel Commander Bryce Aubuchon, who grew up in nearby Washington, Missouri, threw the first pitch for a perfect strike at the St. Louis Cardinals game at Busch Stadium. The Blue Angels will participate in a number of air shows this summer, including visits to events in La Crosse, Wisconsin; Dayton, Ohio; and Traverse City, Michigan later this month. The Blue Angels are based at Naval Air Station Pensacola, a major economic driver in a region that’s also become known for other growing sectors.
Nearly 2,000 aerospace establishments — including 18 of the top 20 aerospace manufacturers — employ roughly 140,000 Texans who earn $98,000 annually on average.
Silicon Valley once again is the world’s No. 1 startup ecosystem. Photo by yhelfman: Getty Images
The 2024 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week in collaboration with the Founders Forum, Informa Tech and London & Partners. The report, whose past findings have been showcased in Site Selection and will be factored into an index in the publication’s July 2024 issue, analyzes data from over 4.5 million companies across 300+ entrepreneurial innovation ecosystems and features rankings that indicate which ecosystems are currently driving innovation. Among the new report’s findings:
“With 15 unicorns, Silicon Valley again led all ecosystems for the most new unicorns in 2023, though this was down 80% from 2022. The Tashkent, Lyon, and Rhineland startup ecosystems welcomed their first unicorns in 2023 … In 2023, more than half of new unicorns were in the GenAI and Deep Tech sub-sectors, a higher rate than in 2021.”
Silicon Valley remains at the top, followed by New York City and London tied for No. 2. “Seoul moved up three spots to No. 9, while Tokyo has entered the top 10 for the first time, “marking the most significant improvement among the Top 10 ecosystems.”
“Europe is the most represented region in the Emerging Ecosystems Ranking, with a 42% share in the Top 100 Emerging Ecosystems, followed by North America with 27%.” Madrid moved up 12 ranks, claiming No. 1 in the Emerging Ecosystems Ranking.
PHOTO OF THE DAY
Photo courtesy of Entergy Mississippi
On May 20, Amazon Web Services officially broke ground on the single largest capital investment in state history. A release from Entergy Mississippi said the project’s two data center complexes will add 1,000 new jobs to the Jackson metro area, support adding 650 megawatts of solar energy to the utility’s generation mix and increase the state’s GDP by $3.3 billion. Look for exclusive details about how this project came to be in the forthcoming 2024 Mississippi Development Guide from Conway Custom Content.
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