A couple of weeks ago, the U.S. House of Representatives made a conspicuously bi-partisan effort to pass the Entrepreneur Access to Capital Act which essentially makes it easier for businesses to raise capital through crowdfunding. Crowdfunding is a relatively new form of raising money. By tapping into the extensive reach of the internet, prospective [...]
The U.S. Small Business Administration’s West Virginia office has a great idea for spurring small business: speed dating. The office sponsored an event that provided a forum for small business owners to present their business plans to bank lending officers and economic development officials. Each entrepreneur had five minutes to request funding, before they had [...]
How well did the economy do in February? According to a recent Time Magazine article, retail sales rose strongly, signaling that recession-weary shoppers may finally be opening their wallets. The revival of the US consumer in recent months has been cheered by economists as a sign that the recovery is on a more solid footing. [...]
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