NCDS Blog

National League of Cities Announces $100 Million in Partnerships to Support Entrepreneurship, STEM Education and Innovation in Communities Across America

Tuesday, January 08, 2019

The National League of Cities (NLC) is announcing $100 million in local partnerships to expand America’s innovation economy. These investments come at a critical time when there is a growing need for resources to create startups and train the next generation of science and engineering talent in communities across America. Currently, 80 percent of venture capital goes to just five metropolitan areas, and computer science is not offered in 75 percent of American high schools.

Cities must lead on the nation’s most pressing issues in the absence of federal leadership. Over the past year, NLC, with support from Schmidt Futures, has worked with city leaders, universities, the business community and the social sector to design innovative partnerships that harness the power of science, technology and entrepreneurship to build stronger, more equitable local economies.

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“As the smaller chamber operating in the shadow of a larger, very aggressive one nearby, the North Myrtle Beach Chamber committed to take its game to the next level.  You and the NCDS team not only drove the creation of a bold new multi-year strategy, you generated buy in and a huge boost in revenue.  A great side benefit of launching and funding a new initiative was NCDS’ identification and engagement of a cadre of new leaders who had never really participated, much less invested at significant levels.  Your methodology works, and your experience in hundreds of other communities paid off for us in a major way.  So much so, we plan to kick off the next multi-year campaign this year.   In my book, NCDS remains the ‘gold standard’ for community development fundraising.”

Marc Jordan, CCE, President & CEO • North Myrtle Beach Chamber of Commerce Convention & Visitors Bureau

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