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When we last reported in on the Small Business Employment Index, released monthly by Intuit, it was sharing good news and bad on the January numbers. One month later and the picture is a little brighter as both jobs and wages are heading in the right direction.
First, the good news. According to the latest Small Business Employment Index released by Intuit, small businesses created 50,000 new jobs in January. The total represents an increase of 0.2 percent over the last month--equating to an annual growth rate of 2.9 percent.
An article in today’s Washington Independent, “Obama’s Small Business Lending
Plan Meets Skepticism,” lays out concerns with the President’s plan to make $30 billion in repaid TARP funds available for
small banks to lend to small businesses.
“There’s little indication
that these banks need the money — or that...
With new funding from the Kauffman Foundation, to the tune of $200,000, TechStars is building a unified application processing and tracking system that will make it easier for entrepreneurs to gain access to seed accelerators. While these programs typically offer only small amounts of money, they make up for it with invaluable advice and counsel from a network of entrepreneurs, investors and other experts.
A new SnagAJob.com survey, suggest that some laid-off workers feel encouraged. For an analysis of this survey, check out this article highlighting the companies started by laid-off people during this recession.Other studies and data have already made the case for entrepreneurship during recessions. We now...
Since 2005, the Eastern Europe and Central Asia region leads the world in enhancing the business climate for local firms. The region overtook East Asia and the Pacific to become the second most business-friendly, after OECD high-income economies. However, one country, the Ukraine, has been described as the “rotten apple” in the region, comparing unfavorably to its neighboring countries. After meeting the “Ambassador Extraordinary and Plenipotentiary of Ukraine to the United States,” I decided to take a closer look.
The Entrepreneur Walk of Fame unveiled its inaugural class of seven esteemed honorees whose names will be immortalized with a sidewalk star in Kendall Square—located in Cambridge, Massachusetts—today. Similar to Hollywood's celebration of movie stars, the Entrepreneur Walk of Fame (EntWoF) awards entrepreneurs at the top of their fields who have transformed the business culture and jumpstarted the economy.
Like so many nations that have recently gone through major restructuring over the past 10 years, Serbia is looking to its young entrepreneurial minds to shape a new nation as it marches toward economic recovery. However, while Serbia has embarked upon several structural reforms—especially in the banking sector and in employment regulations—it has yet to successfully tackle corruption, bureaucracy and a weak judicial system. These are holding back its economic potential.
Four U.S. Senators yesterday introduced Startup Act 2.0. This Bipartisan legislation, which combines two pieces of legislation that were introduced last year builds upon the original Startup Act and the AGREE Act, highlights four major components to jumpstarting the nation’s economy
Citing data from the Ewing Marion Kauffman Foundation, U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) introduced bipartisan legislation last week aimed at jumpstarting the economy through the creation and growth of new businesses.
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