Monthly Archives: June 2003
How a VCT or an EIS can shrink your Revenue bill
VENTURE Capital Trusts and Enterprise Investment Schemes are often talked of in the same breath because both offer generous tax incentives to encourage sophisticated private investors to invest inhigher-risk small trading companies. Both offer 20 per cent income tax relief, […]
National University of Singapore Launches Enterprise Center in Silicon Valley
SANTA CLARA, Calif., May 30 (AScribe Newswire) — The National University of Singampore Enterprise Center in Silicon Valley (NECSV), a university-level business incubation center situated in SantaClara, Calif., was officially launched on Friday, May 30, by Mr. Raymond Lim, Minister […]
Network365 completes E10m funding
Network365, the Irish mobile payment technology provider, has completed a E10 million round of private equity funding, led by London-based Advent Venture Partners. Other investors are Amadeus Capital Partners, Trinity Venture Capital, JAFCO and Enterprise Ireland. Last week the Wicklow-based […]
TEDCO’s President
Phillip Singerman is president and executive director of Maryland Technology Development Corp. (TEDCO), a quasi-public organization that promotes promotes economic development in the state through the commercialization, development and deployment of technology. Singerman is a former head of the Economic […]
US Venture Capital Firm Launches Australian Biotech Fund on Eve of BIO 2003
WASHINGTON–(BUSINESS WIRE)–June 20, 2003–Dramatic changes to Australian venture capital tax and fund-raising laws have already paid off with the announcement today that a leading US VC firm islaunching a USD$200 million biotech fund to take advantage of the fast growing […]
TEDCO’s President
Phillip Singerman is president and executive director of Maryland Technology Development Corp. (TEDCO), a quasi-public organization that promotes promotes economic development in the state through the commercialization, development and deployment of technology. Singerman is a former head of the Economic […]
US Venture Capital Firm Launches Australian Biotech Fund on Eve of BIO 2003
WASHINGTON–(BUSINESS WIRE)–June 20, 2003–Dramatic changes to Australian venture capital tax and fund-raising laws have already paid off with the announcement today that a leading US VC firm islaunching a USD$200 million biotech fund to take advantage of the fast growing […]
Durham, N.C.-Based Secure Data Technology Start-Up Secures Venture Capital
Jun. 20–DURHAM, N.C.–XActional, a startup developing technology to make online exchanges of critical corporate data more secure, raised $2.5 million in venture capital — a sign of life in what hasbeen a quiet market for new software companies. And the […]
Employees Buying Out Carlyle Hedge Fund Group
WASHINGTON (HedgeWorld.com) – The hedge fund business at The Carlyle Group is set to grow and ultimately will be 100%-owned by employees, according to Afsaneh Mashayekhi Beschloss, chief executiveand chief investment officer of Carlyle Asset Management Group. A little more […]
Lowell, Mass.-Area Entrepreneurs Get Tips on Raising Venture Capital
Jun. 19–LOWELL, Mass.–One of the area’s most successful entrepreneurs gave up-and-comers some tips in raising venture capital during last night’s meeting of the Merrimack Valley Venture Forum. Ron Sege, chief executive of Ellacoya Networks in Merrimack, N.H., honed in on […]
Pelikon gets pounds 3.2m investment ; World leader in hitech display systems will use funding for expansion
HITECH electronics company Pelikon has secured an additional pounds 3.2m of venture capital investment. It is the third round of funding the Caerphillybased business has secured since it was founded in 2000, and brings the total to more than pounds […]
Direct Response Financial Services, Inc. Announces New Management Team and New Board of Directors; New Management Focuses on Building Revenues and Acquisitions
LOS ANGELES–(BUSINESS WIRE)–June 19, 2003–Direct Response Financial Services, Inc. (OTCBB:DRFL) as part of its restructuring announced today a new management team and new Board of Directors. Mr.Ted Kozub replaces Rodney Ray as Chief Executive Officer and will also serve as […]