1st July 2009, 06:50 pm
Posted by: Robert W. Price
DFJ and Cisco Announce Husk Power Systems as Winner of Global Business Plan Competition
Team Will Receive $250,000 Investment from DFJ and Cisco to take Alternative Power Technology to Next Level
The 16 finalists come from 6 different countries in locations as diverse as Brazil, Russia, India, China, Israel, and all across the USA.
Continue reading ‘DFJ and Cisco Announce Winner of Global Business Plan Competition’ »
30th June 2009, 01:44 pm
Posted by: Robert W. Price
Kauffman Foundation president Carl Schramm talks to Inc. Magazine about why great companies tend to get launched during recessions
If you are thinking of starting a company these days, this article states you’re not alone. Schramm says many entrepreneurs first take the plunge during tough economic times. And they’re not foolish to do so. “The most important message of our research is: Don’t despair,” he says. “Good things grow even in the darkest times.”
Continue reading ‘Now is a Great Time to Start a Company: Here’s Why!’ »
26th June 2009, 11:28 am
Posted by: Robert W. Price
SBA’s Patriot Express Loan Initiative Delivers $315 Million to 3,750 Vets, Military Community
In just two year’s time, the U.S. Small Business Administration’s Patriot Express Pilot Loan Initiative has supported more than $315 million in loans to more than 3,750 veterans and their spouses who are using the SBA-guaranteed funds to establish and expand their small businesses. As a result of the American Recovery and Reinvestment Act, which raised loan guarantees to 90 percent, and eliminated fees temporarily, the number of Patriot Express loans increased to record levels in April and May of 2009.
Patriot Express, launched June 28, 2007, builds on the more than $1 billion in loans SBA guarantees annually for veteran-owned businesses, and the counseling assistance and procurement support it provides each year to more than 200,000 veterans, service-disabled veterans and Reserve members.
Continue reading ‘SBA’s Patriot Loans Delivers Millions for U.S. Vets’ »
25th June 2009, 02:17 pm
Posted by: Robert W. Price
Finalists Hail From 15 Universities in Six Countries and Cisco TelePresence (TM) Will Enable Competition
Cisco and venture capital firm Draper Fisher Jurvetson (DFJ) have announced the 16 finalists in their first co-sponsored Global Business Plan Competition for university and business school students.
Prior business plan competitions have produced great successes, including DFJ-backed winners DirectHit, which was acquired by AskJeeves in 2000 for $532 million, and Webline Communications, acquired by Cisco for $325 million in 1999.
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Leading early-stage venture capital firm Draper Fisher Jurvetson (DFJ) and Cisco announced the 16 finalists in their first co-sponsored Global Business Plan Competition for university and business school students. The finalists, whose business plans address a diverse group of issues from efficient and affordable web-scale computing to early cancer detection, will be competing from their respective geographic areas via Cisco TelePresence (TM) on June 30, 2009. The winning team will receive a minimum seed investment of $250,000.
Continue reading ‘Finalists Announced for Global Business Plan Competition’ »
16th June 2009, 11:59 am
Posted by: Robert W. Price
Entrepreneurship and Innovation: Key to the Global Economic Recovery
A White paper by Ernst & Young highlights the role of government in making economies “innovation-friendly”
Ernst & Young LLP released a report that highlights the vital importance of entrepreneurship and innovation in today’s economy. At a time when business leaders are struggling to balance short-term survival with long-term demand for growth, innovation and an entrepreneurial mindset is essential.
Continue reading ‘Ernst & Young Report on Entrepreneurship’ »
15th June 2009, 11:09 am
Posted by: Robert W. Price
Is your company “really” investor ready? Do you know how to market and sell to outside investors? Do you have a sound financing strategy? Here is what Anita Roddick, founder of The Body Shop, once said: “There are only two ways of raising money: the hard way and the very hard way.”
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New York Times Article: In Pitching to Angel Investors, Preparation Tops Zeal
For entrepreneurs hoping to land start-up capital from angel investors, here is what two recent studies found: Don’t get carried away when you pitch your product, because the investors may lose interest faster than you can say “almost unlimited market,” The New York Times’s Brent Bowers reports in this article.
Continue reading ‘Are You Ready for Angel Investors?’ »
9th June 2009, 04:41 pm
Peter L. Bernstein, the author of Against the Gods: The Remarkable Story of Risk and other books, died on June 5th at the age of 90.
>>Discussion About Managing Entrepreneurial Risks
>>Buy His Book At Amazon.com
In this McKinsey Quarterly video, the well-known author discusses the meaning of risk and explains why sophisticated mathematical models to control it sometimes go awry.
>>Read More About Peter L. Bernstein
8th June 2009, 04:54 pm
Posted by: Robert W. Price
The U.S. Chamber of Commerce reports that the estate tax is bad for jobs and the struggling economy.
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Two new studies have come to the same conclusion–the estate tax is a jobs and economy killer.
Some 1.5 million new jobs would be added in the small business sector at no cost to the Treasury or taxpayers by repealing the estate tax, according to the American Family Business Foundation. However, if the tax is allowed to snap back to its scheduled rate in 2011, as many as 500,000 jobs will be lost, one study shows.
Continue reading ‘Death Tax: Kills Entrepreneurial Capitalism’ »
7th June 2009, 05:05 pm
National Governors Association Reports State Fiscal Conditions Continue to Decline
Posted by: Robert W. Price
Shortfall Expected to Be More than $200 Billion Over Next 3 Years
The National Governors Association–the bipartisan organization of the nation’s governors–promotes visionary state leadership, shares best practices and speaks with a unified voice on national policy.
Although federal Recovery Act dollars have helped states avoid the most drastic budget cuts, state fiscal conditions declined for nearly every state during fiscal year (FY) 2009, according to the latest Fiscal Survey of the States from NGA and the ational Association of State Budget Officers (NASBO).
Continue reading ‘U.S. Governors Report: Decline In Fiscal Conditions’ »
5th June 2009, 02:52 pm
Silicon Valley Continues to Lead All Other Metropolitan Regions
Posted by: Robert W. Price
Silicon Valley, the largest and most influential high-tech center in the world, continues to lead all other metropolitan regions in North America in the breadth and scope of economic activity it creates through technological innovation. But many other metros have built strong and diverse industries that should allow them to prosper when the global economy recovery.
Continue reading ‘Milken Institute: New Report on North America’s High-Tech Centers’ »
3rd June 2009, 03:09 pm
Socialism and Entrepreneurial Capitalism Don’t Mix Well!
Posted by: Robert W. Price
The author states in this article that President Barack Obama calls his stimulus bill and proposed budget an “investment” plan, implicitly recognizing that investment–rather than simply spending–creates economic growth. But this plan is based on the faulty assumption that only government is able and responsible enough to invest at this time.
Continue reading ‘Killing the Entrepreneurial Spirit: Why Government Is Not a Good Investor’ »
2nd June 2009, 03:14 pm
Questioning Impact of Governmental Investments in Large Research Parks: These Parks Should Measure Impact On Entrepreneurial Capitalism
By: Robert W. Price
Today I am sharing with you some well researched and well prepared articles from BusinessWeek one of our community partners in educating entrepreneurs around the world.
Continue reading ‘Research Parks Should Measure Impact On Entrepreneurial Capitalism’ »
1st June 2009, 09:57 am
The business plan is perhaps the most important written document you can ever create. It describes all critical internal and external elements and strategies for guiding the direction of your venture’s first several years as well as giving potential investors an idea of the venture’s structure, objectives, and future plans.
Continue reading ‘Free Guide: Creating Your Business Plan’ »
1st June 2009, 06:19 am
By: Robert W. Price
La Importancia de un Plan de Negocio
¿Cómo empezaron Hewlett-Packard, General Electric, Google y tantas otras? En todos los casos, un emprendedor tuvo una idea y supo llevarla adelante, superando empinadas laderas y tormentosos mares. Cada una de estas compañías ha debido resolver, en su momento, los mismos desafíos que usted si alguna vez ha probado suerte con un emprendimiento.
Continue reading ‘La Importancia de un Plan de Negocio’ »
23rd May 2009, 07:20 am
Are you thinking about starting a new business?
Our free guide aims at creating knowledge, skills, and awareness in the critical aspects of funding, launching, and growing a new business venture and then leading it to a successful harvest. Each lesson plan presents key concepts and practical insights on an important management topic.
- Do you dream of starting your own business?
- Do you need help finding investors for your business?
- Do you need help with your business plan?
- Do you need help preparing a global business strategy?
- Do you have an idea for a new invention and don’t know where to start?
Continue reading ‘Free Guide To Entrepreneurship’ »