Sotto Wireless begins trials in North Carolina ... Work starts on Imperium biodiesel plan ... GlaxoSmithKline to lay off 80 in Bothell ... Insurance startup Torrent settles litigation ... DocuSign cuts nine, including sales executive ... Cascade Natural Gas on road to acquisition ... Red Hat to buy back $325 million in shares ... also, new top officers and shipping news.
Ann Arbor SPARK Receives $8 Million to Create Michigan Pre-Seed Capital Fund (SYS-CON Media)
Ann Arbor SPARK, the driving force in establishing the Ann Arbor region as a destination for business expansion, retention, and location, was recently awarded $8 million from the Michigan 21st Century Jobs Fund. The funding will be used to create the Michigan Pre-Seed Capital Fund, an equity fund that will invest in technology- based companies to support business formation and acceleration.
Urban entrepreneurs (Small Business Times)
The phones at the new Urban Entrepreneur Partnership (UEP) office in Milwaukee were just plugged in recently and already they are ringing off the hook.
Over 15k businesses established this yr (Ireland Business World)
Over 15,000 businesses have been established nationally this year according to Bank of Ireland. On a sectoral basis, construction and civil engineering remains the top sector for business start-ups with 1,877 (12.3pc) new companies, the barometer said.
China's Spending on Research and Development Outpacing U.S. (Inc Magazine)
While the United States still has a bigger share of the global R&D market, China is gaining ground.
Nine Companies to Present at CED's Opportunity 2006 (Business Wire via Yahoo! Finance)
WILMINGTON, N.C.----The Council for Entrepreneurial Development has selected nine companies from across the East Coast to present at CED's Opportunity 2006 Conference, scheduled for December 4-5 at the Hilton Wilmington Riverside in Wilmington, N.C.
State's venture deals surge (Orlando Sentinel)
Central Florida businesses alone attract $35 million Deep-pocket investors put almost $95 million into Florida companies in the third quarter, a sharp increase from the previous quarter -- with more than one-third going to Central Florida firms, according to a new survey released Tuesday.
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