Cortex Business Solutions Inc. Announces Closing of $7.5 Million Bought Deal ...
Marketwire (press release)
Cortex Business Solutions Inc. (TSX VENTURE:CBX) (the "Company") is pleased to announce that it has completed its previously announced $7500150 bought deal offering (the "Offering"), with a syndicate of underwriters led by Stonecap Securities Inc. and ...
CuOro Resources Announces Closing of $15 Million Equity FinancingCanada NewsWire (press release)

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WIREDVC: Venture Capital & Funding News
The Daily Start-Up: NEA Sprinkling Seeds In Consumer Tech
Wall Street Journal (blog)
What makes a successful Internet start-up? A new 44-page study called The Startup Genome Report attempts to identify the attributes of strong companies by analyzing the data from more than 650 Web start-ups. Among the conclusions: It's best to have ...
New Enterprise Associates sets aside funds for seed dealsBizjournals.com (blog)

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SEOStartupkit.com Announces Turn Key Search Engine Optimization Business ...
WebWire (press release)
The SEO Business Startup Kit is available as a download for only $97 and comprises essentially everything an entrepreneur needs to start an SEO consultancy business or to dramatically increase their current revenues. Whether working from home or ...

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Small business loans feed Prosper growth
Finextra
Prosper was founded as a way to bring a more efficient, transparent and trustworthy process to consumer finance, removing the barriers of traditional consumer financing. For lenders, Prosper delivers a new asset class with annual returns averaging ...

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Friends and Family Financing: Tap Your Community For Startup Funds
Huffington Post (blog)
This is the first in a series of posts about financing options for startups. By "financing" I meanobtaining cash to fund your business. There are all sorts of strategies to avoid needing funding, but this series is not about them. ...

Friends and Family Financing: Tap Your Community For Startup Funds
Huffington Post (blog)
Many entrepreneurs turn to friends and family for their first funding needs. In fact, it is common for non-tech startups to raise all the capital they need from friends and family. I don't know for sure, but I would suspect that friends and family make ...

WaferGen closes $30M financing San Francisco Business Times
Bizjournals.com
WaferGen Biosystems Inc. has raised $30.6 million in a private placement financing of equity and debt, the company said Tuesday. The financing came from the institutional life science investors Great Point Partners LLC, Deerfield Management and Merlin ...
WaferGen Closes $30 Million Financing with Three Leading Life Science ...PR Newswire (press release)

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IBM Expands Smarter Commerce Initiative for Business Partners to Seize New ...
PR Newswire (press release)
In addition to sales, marketing and technical guidance, Business Partners can qualify to earn incentives of up to 50 percent of the software sales transaction and receive zero percent financing. With today's news, IBM is making it easier and more cost ...
New back end incentives among IBM Smarter Commerce Initiative enhancementseChannelLine

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CIT Announces Results to Date of Exchange Offer and Receipt of Requisite Consents
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT), a leading provider of financing to small business and middle market companies, today announced, in connection with its offer to certain eligible noteholders to exchange any and all of the ...

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WaferGen Closes $30 Million Financing with Three Leading Life Science ...
PR Newswire (press release)
Net proceeds from this financing will be used for expanding the commercialization capabilities of the company to market the SmartChip Real-Time PCR system and related products, and for working capital and general corporate purposes. ...

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Penson Financial Service Ltd Named “Best Clearing Service”
Gamut News
May 31, 2011 (Business Wire) — Penson Financial Services Ltd, a leading independent provider of clearing services in the UK and a member of the Penson Worldwide, Inc. (NASDAQ: PNSN) group of companies, won the award for Best Clearing Service from the ...

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Excelimmune Completes $10.5 Million Series B Financing
Business Wire (press release)
(BUSINESS WIRE)--Excelimmune, Inc. today announced the final closing of a $10.5 million Series B financing. Proceeds from the Series B will enable Excelimmune to advance Staphguard, a human recombinant polyclonal antibody (HRPA) candidate against ...

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TheStreet.com
Startup Open Launches Second Annual Contest
TheStreet.com
This is the second year for the contest, which seeks to acknowledge 50 of the most promising startup businesses -- those with the highest growth potential. Last year's winner got a chance to network and hobnob with noted entrepreneur Richard Branson at ...
Startup Open launches second search for globe's top entrepreneursSilicon Prairie News

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This Week in Small Business: Oprah, Banks and Credit Cards
New York Times (blog)
John Baldoni shares three traits of successful entrepreneurs. Paul Kedrosky thinks this is the best bad start-up pitch ever. Nokia wants your ideas. James Altucher explains how he self-published a book, and how you can, too: “There's no financial ...

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GE Capital Provides £9.5 million Facility to Fogarty Limited
Business Wire (press release)
LONDON--(BUSINESS WIRE)--GE Capital today announced that it has provided East-Midlands based Fogarty (Filled Products) Limited, with a £9.5 million financing facility. The new facility, which will comprise of invoice discounting, trade finance, ...

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Bright Ideas, Hot Industries & Insightful Innovators Sizzle In Entrepreneur ...
PR Newswire (press release)
Other industry categories include social shopping, value, seniors and startup-to-startup. "The '100 Brilliant' looks at where the action is in small business," says Amy Cosper, VP and editor in chief of Entrepreneur magazine. ...

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Ashland to Acquire International Specialty Products Inc. (ISP)
PR Newswire (press release)
The transaction will be funded through a combination of cash on hand and committed financing from Citi, The Bank of Nova Scotia, BofA Merrill Lynch and US Bank National Association, subject to customary terms and conditions. ...
Ashland Buying Int'l Specialty Products For $3.2BNPR
Ashland To Buy Chemicals Supplier ISP For $3.2 Billion In CashNASDAQ

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UOWD hosts first Tamakkan Entrepreneurship Seminar
Zawya (press release)
Dubai, May 31, 2011: The University of Wollongong in DubaiUniversity of Wollongong in Dubai hosted the first Tamakkan Entrepreneurship Seminar in Dubai yesterday bringing together successful as well as budding entrepreneurs sharing ideas and tips on ...

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Indonesia Stocks: Adaro Energy, Bank Tabungan, BFI Finance
Bloomberg
PT BFI Finance Indonesia (BFIN IJ), a financing company, advanced 3.2 percent to 4850 rupiah, the highest close since at least March 1992. The company plans to sell 200 billion rupiah of bonds in July to support its consumer financing business, ...

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Centrix Software Named as a Red Herring Top 100 Europe Tech Startup
SourceWire (press release)
We believe Centrix Software embodies the vision, drive and innovation that define a successful entrepreneurial venture. Centrix Software should be proud of its accomplishment, as the competition was very strong.” Red Herring's editorial staff evaluated ...

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