business formation News Archive - 26-Oct-2006

24 Michigan Tech Companies Get $35 Million From 21st Century Jobs Fund (Michigan Technology News)
LANSING - Second time is the charm for 24 Michigan technology networking groups and companies that received word this week they will share in the $35 million just released from the 21st Century Jobs Fund.

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.

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.

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.

The Middle East SME Revolution (TechNewsWorld.com)
The Western World realized decades ago that small and medium enterprises, or SMEs, are really the main drivers of the economy. While big businesses are still necessary to preserve and maintain structure, they face considerable challenges. The mega corporations of the last century have increasingly lost their edge.

San Jose Launches Partnership for Innovative Electronic Vehicle Technology Research (PR Newswire via Yahoo! Finance)
With the active participation from local business and the federal government, San Jose is investing in another emerging industry by bringing together start-ups and established Silicon Valley technology companies to address national and local environmental and homeland security opportunities.

Midwest Health Care Startups Raise $564 Million Through Q3 2006 (Business Wire via Yahoo! Finance)
CLEVELAND----Midwest health care startups reported $564 million in total investments through the first three quarters of 2006, according to the Midwest Health Care Venture Investment Report released by BioEnterprise.

Who really pays corporate taxes? (Deseret Morning News)
Elections must be near, because I'm hearing a lot of rhetoric regarding taxes. Such talk is always interesting to me since taxes both direct and indirect have an enormous impact on new business formation and entrepreneurs in particular.

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.

 

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