National News

MCDC efforts bring expansion financing to small businesses - Lansing State Journal

Financial News - Sun, 05/08/2011 - 08:20

MCDC efforts bring expansion financing to small businesses
Lansing State Journal
That work recently earned Sherzer and the MCDC the US Small Business Administration's Michigan financial services champion award. The organization worked with banks and credit unions to finance more than 100 projects representing about $125 million in ...

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Nashville's Jumpstart Foundry Announces Inaugural Class for Cohort Program - PR Web (press release)

Entrepreneur News - Sun, 05/08/2011 - 07:45

Nashville's Jumpstart Foundry Announces Inaugural Class for Cohort Program
PR Web (press release)
The Foundry's program model is adapted from the work of startup accelerator leader TechStars, and Jumpstart Foundry is a charter member of the TechStars Network, an invitation-only network of startup accelerator programs aimed at startup creation and ...

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Recovery misses small business - Fort Wayne Journal Gazette

Financial News - Sun, 05/08/2011 - 07:09

Recovery misses small business
Fort Wayne Journal Gazette
Samuel Demisse's coffee importing business was prospering even after the 2008 financial crisis. New orders poured in, but without enough funding to pay suppliers in Ethiopia, he no longer could fill the demand. Gone were the pre-crisis days when banks ...

Debt doesn't go away when lender writes it off - Los Angeles Times

Financial News - Sun, 05/08/2011 - 07:01

Debt doesn't go away when lender writes it off
Los Angeles Times
We were able to keep our business. We also kept our house and our vehicles, which have loans outstanding, by "reaffirming" those debts. Bankruptcy is not a crime. It is the last resort, and it is unpleasant but it is an option. ...

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Entrepreneur has a textbook case for a startup - Houston Chronicle

Entrepreneur News - Sun, 05/08/2011 - 05:31

Houston Chronicle

Entrepreneur has a textbook case for a startup
Houston Chronicle
As the daughter of entrepreneurs and niece of a successful restaurateur, Emely Galvez, 22, knew she wanted to one day run a company. That day came sooner rather than later for the recent college graduate when she went to resell her accounting textbooks ...

Hero Cycles looks to sell bicycles in villages via financing - Business Standard

Financial News - Sun, 05/08/2011 - 05:27

Hero Cycles looks to sell bicycles in villages via financing
Business Standard
PTI / New Delhi May 08, 2011, 10:53 IST Inspired by purchases of buffaloes in villages through financing, the world's largest bicycle maker by volume Hero Cycles Ltd is looking to replicate the same for its products through micro finance firms to boost ...

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Small Biz Notes: Get skills to help your firm - The News-Press

Financial News - Sun, 05/08/2011 - 05:13

Small Biz Notes: Get skills to help your firm
The News-Press
The Small Business Development Center will hold a Small Business Summit 9 am to 1 pm Saturday at FGCU's Renaissance Center, 1015 5th Ave. S., Naples. Organizers promise a candid panel discussion about business financing, credit worthiness, ...

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Huntsman Addresses Questions About Serving Under Democrat Obama - BusinessWeek

Financial News - Sun, 05/08/2011 - 04:10

Huntsman Addresses Questions About Serving Under Democrat Obama
BusinessWeek
“If we were to get in the race, no self-financing,” he said at the South Carolina state capitol, in his first extensive comments to reporters since he resigned. “Unless you can raise it legitimately, you don't win. I learned that running for governor. ...

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Turf war simmers in economic development field - Tbo.com

Financial News - Sun, 05/08/2011 - 04:05

Turf war simmers in economic development field
Tbo.com
The IDA has power under state law to finance projects; the Economic Development Corp. does not, said Larry Richey, an EDC board member and senior managing director in Tampa of Cushman-Wakefield, a commercial real estate firm. Richey said he agrees the ...

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Chinese entrepreneurs see Apple's App Store as entryway to global... - San Jose Mercury News

Entrepreneur News - Sun, 05/08/2011 - 04:01

Chinese entrepreneurs see Apple's App Store as entryway to global...
San Jose Mercury News
"They see the iPhone and iPad as a channel that affords them a cheap way of distributing apps worldwide," said Bertrand Schmitt, CEO of AppAnnie, a Beijing-based startup that provides sales and market analytics for App Store publishers. ...

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Entrepreneurs discuss the start-up experience at MinneBar - Minneapolis Star Tribune (blog)

Entrepreneur News - Sun, 05/08/2011 - 00:53

Entrepreneurs discuss the start-up experience at MinneBar
Minneapolis Star Tribune (blog)
If you're a start-up trying to raise money, be prepared to get a lot of investors declining to help, experienced tech entrepreneurs said at a panel during tech conference MinneBar on Saturday. "Even if you are successful, you get far more rejections," ...

Chinese entrepreneurs see Apple's App Store as entryway to global market - San Jose Mercury News

Entrepreneur News - Sat, 05/07/2011 - 22:50

Chinese entrepreneurs see Apple's App Store as entryway to global market
San Jose Mercury News
"They see the iPhone and iPad as a channel that affords them a cheap way of distributing apps worldwide," said Bertrand Schmitt, CEO of AppAnnie, a Beijing-based startup that provides sales and market analytics for App Store publishers. ...

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Small business: How do I fan the flames of my enterprise? - Times LIVE

Financial News - Sat, 05/07/2011 - 22:33

Small business: How do I fan the flames of my enterprise?
Times LIVE
Many businesses overlook customers as a source of income' While raising seed capital may be a legitimate bugbear for some, it seems there are plenty of opportunities for small businesses to access finance, provided the business idea is strong enough ...

Business calender - LubbockOnline.com

Financial News - Sat, 05/07/2011 - 22:22

Business calender
LubbockOnline.com
SBA Financing Workshop — 6-8 pm, Small Business Development Center, 2579 S. Loop 289. Information for those seeking business financing. Seating is limited. Call Elaine at 745-1637 to reserve a seat. Deadline is noon May 23. ...

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Huntsman Addresses Questions About Service to Democrat Obama - BusinessWeek

Financial News - Sat, 05/07/2011 - 18:40

Huntsman Addresses Questions About Service to Democrat Obama
BusinessWeek
“If we were to get in the race, no self-financing,” he said at the South Carolina state capitol, in his first extensive comments to reporters since he resigned. “Unless you can raise it legitimately, you don't win. I learned that running for governor. ...

and more »

Egypt faces housing crisis - Chicago Daily Herald

Financial News - Sat, 05/07/2011 - 16:02

Egypt faces housing crisis
Chicago Daily Herald
Compounding the problem is the issue of home financing. Egypt around six years ago passed a mortgage law, but it has yet to make a dent in the market. Home financing through the country's 36 approved lenders, however, has hit only about 4.4 billion ...

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The Class That Built Apps, and Fortunes - New York Times

Entrepreneur News - Sat, 05/07/2011 - 15:21

New York Times

The Class That Built Apps, and Fortunes
New York Times
It also helped to pioneer a new model of entrepreneurship that has upturned the tech establishment: the lean start-up. “Everything was happening so fast,” recalls Joachim De Lombaert, now 23. His team's app netted $3000 a day and morphed into a company ...

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Entrepreneur Corner: Handling online critics and being a good apprentice - VentureBeat

Entrepreneur News - Sat, 05/07/2011 - 15:13

Entrepreneur Corner: Handling online critics and being a good apprentice
VentureBeat
Key ingredients for startup success – Having a good idea and knowing your way around business only gets you so far as an entrepreneur. Serial entrepreneur Tod Whipple, who also is the founder of StartupAddict.com, discusses five important things that ...

NY Entrepreneur and App Developer Mariya Yao Gives Startup Advice - NY Convergence

Entrepreneur News - Sat, 05/07/2011 - 13:36

NY Entrepreneur and App Developer Mariya Yao Gives Startup Advice
NY Convergence
She also said aspiring entrepreneur's have skewed expectations as a result of the media tending to cover only the successful side of startups. She helped create Founders Block to give rising companies a more realistic view of the struggles behind the ...

Don't bet the ranch on new business - Edmonton Journal

Entrepreneur News - Sat, 05/07/2011 - 09:19

Don't bet the ranch on new business
Edmonton Journal
It may be tempting to use some of the equity in your home to fund the startup. "Of course, the entrepreneur is an optimistic person and they're trying to plan their business for success. They need to be aware failure is something that could happen," ...

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