business formation News Archive - 29-Oct-2006

Business Briefing (Seattle Post-Intelligencer)
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.

BoI survey reveals over 15,000 start-ups this year (Sunday Business Post)
Dublin has the most business start-ups in Ireland this year, according to a new survey from Bank of Ireland (BoI). The BoI?s Business Start-Up Barometer, which tracks the number of companies established in Ireland, reveals that 5,479 companies have been set up in Dublin.

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.

GOP official runs as ?not an insider? (Wapakoneta Daily News)
Ohioans need a fresh perspective in Columbus when it comes to running elections ? not the same old faces, says a GOP candidate for the highest elections post in the state.

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.

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.

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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