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Bizs Go To Fast Cash

Washington Post:
Bank loans have been harder to come by, but that doesn’t mean companies’ need for funding has dried up. To get cash, small and medium-size businesses have increasingly turned to firms that get them money they are owed more quickly.
The firms, known as factoring companies (from the Latin word for “to do” or “to […]

Givers Embrace Micro-Loan Programs

The Dallas Morning News:
Alex Counts considers Dallas his Promised Land.
More individuals here support his crusade to give small loans to really poor women than any other place on earth.
“Here, the story of self-help, entrepreneurship, people working their way out of poverty and taking charge of their lives as economic actors is a best-seller,” the 41-year-old […]

Fund Your Idea In Knight News Challenge

AppScout:
If you’ve ever thought that you could do news better than the large media companies or had an idea to revolutionize the way people receive and consume information, the James L. Knight Foundation is looking for you.
The foundation is hosting the Knight News Challenge and is inviting anyone and everyone with an innovative idea or […]

The Three Kinds Of FREE

Wired:
Untangling the confusion over different kinds of free, which can range from a simple marketing gimmick to a radically new economic model.
The first, which dates back more than a century. It’s the razors-and-blades model, as well as loss leaders of all sorts, from “free gift inside” to “free toaster for opening an account”. Get one […]

Seattle’s Top Entrepreneurs Band Together

TechCrunch:
Seattle has has a heck of a tech scene, but isn’t so big that the community breaks down into cliques and haters as Silicon Valley often does in the boom times. Maybe that’s why I spend so much time up here.
Like other tech hubs, successful Seattle entrepreneurs tend to become angel investors and help the […]

Prison Currency Is Fishy

The Wall Street Journal:
When Larry Levine helped prepare divorce papers for a client a few years ago, he got paid in mackerel. Once the case ended, he says, “I had a stack of macks.”
Levine and his client were prisoners in California’s Lompoc Federal Correctional Complex. Like other federal inmates around the country, they found a […]

Web Site Lets Businesses Expose Deadbeat Customers

The Wall Street Journal:
It’s not the nicest thing to do. But for small-business owners who are having difficulty collecting receivables from their customers, especially in this tight business climate, this is an extreme option that just might work.
They’re turning to a complaint-and-resolution Web site called Uradeadbeat.com, which seeks to make nonpaying customers or businesses aware […]

Fed Contracts For Women

Inc.:
Women Impacting Public Policy, a Washington-based nonprofit, has teamed up with American Express to help women business owners secure a greater share of federal contracts.
Entitled Give Me 5 is an educational program stemming from the Equity in Contracting for Women Act of 2000, which sets an annual goal of awarding five percent of all federal […]

Dandelion Rubber: From Weeds To Tires

Invention & Technology News:
Recently, Ohio State University’s Ohio Agricultural Research and Development Center and the Ohio BioProducts Innovation Center received a $3 million grant to start turning dandelions into rubber.
Yes, the milky roots of those plentiful flowers that seem to pop up everywhere (whether wanted or unwanted), are capable of producing a natural rubber. Actually, […]

Google To Launch Venture Fund

The Wall Street Journal:
Google Inc. is working on plans to start a venture-capital arm, according to several people briefed on the discussions.
The group will be led by David Drummond, Google’s senior vice president of corporate development and chief legal officer, according to two of these people. Google has hired William Maris, a 33-year-old former entrepreneur […]