RSS
How angel investors are adjusting to the economy
by Ed Morrison. 
Posted in Public. Tagged with angel, stage 1 companies.
If you are interested in angel investing, here's a good article from Business Week on how angel investors are adjusting to the downturn in the economy. They're providing more funding to the deals that they are doing, syndicating their deals more widely, and making more follow-on investments.
in the same issue, there's a good article on how to establish the value of a startup company. Read more.
Typically, most EDPros do not have much of a background in early-stage financing. However, as economic development shift toward more focus on startups and high-growth second stage companies, EDPros will need to become more comfortable with the details of early-stage financing.
Comments
Hide comments
U WIsconsin's Urban Research park
by Ed Morrison.
Posted in Public, . Tagged with stage 1 companies, universities.
The University of Wisconsin -- Madison is launching a new urban research park. The facility will be located in an "edgy" part of town with connections to a fiber optic network.
This story highlights the growing role universities are playing in urban regenertion.The story also underscores the growing importnace of recent college graduates in building high growth companies. Two of the recent start-up businesses cited in the article have a total of thirty employees.
Purude's new Emerging Innovations Fund
by Ed Morrison.
Posted in Public. Tagged with stage 1 companies, universities, venture capital.
Purdue University has started a new fund to assist startup companies. The new fund will help technologies started at the University to spin out into commercial companies.
The University is targeting $1.5 million as the initial capitalization.
Kentucky's Department of Commercialization and Innovation
by Ed Morrison.
Posted in Public. Tagged with policy, stage 1 companies, strategy.
Here's an overview of of what the KY Cabinet for Economic Development has been up to through its Department of Commercialization and Innovation.
[T]he state has funded $114 million worth of technology projects, programs and infrastructure since 2001, when her office was formed...About $16 million in development assistance has been awarded to 32 companies. That number is "fairly low because up until 2005, the effort was really focusing on building incubators," such as Louisville's MetaCyte Business Lab, and "supporting academic programs that ultimately would spin out companies," [Deborah Clayton, commissioner of the state's Department of Commercialization and Innovation] said. "In 2005 we made a shift to focus more on companies."
