Sep 08
New post on: National Business Incubation Association (NBIA)
Five years ago, when the economy was humming, 5 percent of small businesses surveyed by the National Federation of Independent Business labeled “financing”—in other words, borrowing—as the biggest thorn in their paw. Fast-forward to today, in the aftermath of a recession that has broken records for unpleasantness and left lenders like CIT Group in deep trouble. How many small businesses consider borrowing problems their top concern now? Five percent.
This is not to say that borrowing’s a walk in the park—the volume of small-business loans is down 38 percent from last year. But there’s reason to believe it’s “less dire for smaller businesses” than the numbers show, according to Holly Wade, policy analyst at the business federation.
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Sep 08
New post on: National Business Incubation Association (NBIA)
Rebuilding Southeast Michigan’s distressed economy certainly isn’t a task for the fainthearted.
As part of an ambitious agenda, the New Economy Initiative, created by 10 foundations last spring, wants to help launch 1,200 new companies over the next three years as part of a broad effort to rebuild the regional economy.
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Sep 08
New post on: National Business Incubation Association (NBIA)
FLINT – Sometime next year, Michigan will lose its millionth job since the state’s economy began its downward slide in mid-2000. With a frenzy born of that desperation, the state is trying to rekindle the entrepreneurial spirit that made Dow, Kellogg and Ford household names.
That trio founded the state’s famous chemical, cereal and auto companies a century ago. These days, the state is doing what it can to foster a new generation of innovation.
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Sep 08
New post on: incu TRACK
MOSS POINT — Six months after its official opening, the Jackson County Small Business Incubator is nurturing eight enterprises and training dozens more potential business owners.
The incubator has been so successful at helping its tenants grow that it already needs a second location, Director Janice L. Mabry said.
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Sep 08
New post on: Builders of wealth
Say goodbye to the doom and gloom of the economy because great economic developments come out of recessions. There are plenty of opportunities for little whispers of companies to find great big business success. One of these opportunities is finding and joining a business incubator, which is designed specifically for folks who have the spark of a company and just need a little help nurturing it.
Your business needs can be met; all it takes is a little poking around to find the right kind of incubator. All are designed for early-stage companies. If you have a business that is science innovation-based, you might look for a life science incubator. If you have a medical research-based company, you might find a wet lab incubator. There are many kinds of business incubation programs, but these are two popular types.
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Sep 07
New post on: TMC Net
Sep 06, 2009 (The Record – McClatchy-Tribune Information Services via COMTEX) — You could say 19-year-old entrepreneur Bradley Ericson has a head start on starting up.
The founder of 3SecondReceipts LLC expects to soon sell his new digital receipt system that replaces paper receipts with an online version to Drexel University in Philadelphia, where Ericson is a sophomore.
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Sep 07
New post on: Citizen-Times
CANDLER — Pet identification tags have become a lot more expressive thanks to DogTagArt’s designs.
The new business uses a “crowd-sourcing” platform that allows artists, designers and pet lovers to upload full-color, original graphic art designed to fit on a round aluminum tag. If company founder Jack Carrier approves a design, it’s offered to customers.
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Sep 05
New post on: All Over Albany
The Paterson Administration announced a bunch of “Restore NY” grants today. And Troy’s Proctor’s Theater got $4 million. Although, in this case, restore means “fix the facade, tear the rest down and rebuild.” From the state press release:
Harry Tutunjian tweeted that he’s “thrilled” about the grant. It probably won’t go over so well with the group trying save the theater in its original form. The group recently proposed a plan for bring the theater back as a performance space.
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Sep 05
New post on: Vector1 Media
The inaugural Imagine H2O Prize competition opens today for submissions. The competition offers prizes of $70,000 in cash and in-kind services, which will be awarded to the business plans that promise the greatest breakthroughs in the efficient use and supply of water.
The Imagine H2O Prize is designed to encourage entrepreneurs, investors, inventors and academics around the world to address water challenges. This inaugural business plan competition focuses on solutions to improve water efficiency in agriculture, commercial, industrial or residential applications, such as water demand reduction, improved water use, water recycling and/or reuse.
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Sep 05
New post on: Maryville Daily Forum
Maryville, Mo. – Governor Jay Nixon will be attending the dedication ceremony at Northwest for its new Center for Innovation and Entrepreneurship at 2 p.m. Wednesday, Sept. 9. The event will take place at the center, located on the north edge of campus west of North College Drive and south of West 16th Street. University officials along with other dignitaries representing government, center tenants and area economic development initiatives are expected to attend.
The 46,679-square-foot center has two synergistic components: a mixed-use technology business incubator and an academic facility. The incubator is designed to house several start-up companies, and the academic facility has been programmed to house Northwest’s new nanotechnology baccalaureate degree program, which began courses this fall.
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