Author Archives: the HedgeCo News Team
Southern Capitol Ventures Closes Technology Fund, Continues to Look for New Investment Opportunities; SouthCap Called One of `Premiere’ Early Stage Funds in Southeast
RESEARCH TRIANGLE PARK, N.C–(BUSINESS WIRE)–July 18, 2003–Southern Capitol Ventures announced today that it has completed fundraising activities for its initial venture fund, Southern CapitolTechnology Fund I. The Fund, which provides early stage investments to regional technology and life science firms, […]
Waiting for a deal at Wiggins
SHARES in Wiggins, the owner of a string of small airports, were suspended at 4.75p, down 0.25p, last night. The firm, valued at 49m, looks poised to inject itself into what is likely to be anotherproperty developer or venture capital […]
Local CEOs to Share Experience in Running and Funding Middle Market Companies with Entrepreneurs at TCVN Forum
TUSTIN, Calif.–(BUSINESS WIRE)–July 18, 2003–Two local chief executive officers will convey their experiences in raising venture capital financing at the Tech Coast Venture Network (TCVN) Forum onThursday, July 24, 2003 at the UCI University Club in Irvine, Calif. Azad M. […]
Local CEOs to Share Experience in Running and Funding Middle Market Companies with Entrepreneurs at TCVN Forum
TUSTIN, Calif.–(BUSINESS WIRE)–July 18, 2003–Two local chief executive officers will convey their experiences in raising venture capital financing at the Tech Coast Venture Network (TCVN) Forum onThursday, July 24, 2003 at the UCI University Club in Irvine, Calif. Azad M. […]
Linkup May Signal Emerging Trend
WITH THE VENTURE CAPITAL industry mired in a prolonged slump, Jon Staenberg knew it would be tough to raise a new fund this year. So the Seattle venture capitalist, who has backed nearly three dozencompanies over the past decade, did […]
Investments in Minority Businesses Are on Par with Industry Levels, Study Says
Jul. 18–Venture capital investments in minority-run businesses yield profits that are just as strong as industry averages, according to a new survey. A group of 24 venture capital firms that invested in 117 minority companies during the 1990s reported they […]
Capco Needs Reform Or Legislative Axe ; State Could Use The Cash
There’s something odd about the so-called CAPCO scheme and at the very least it deserves the scrutiny that a committee formed by state Treasurer Mike Coffman is going to give it. The $200-million CAPCO, or Certified Capital Company, program was […]
California to Lose Millions If Credit Rating Drops
Jul. 18–The state is facing an increasingly skeptical Wall Street as legislators fail to resolve a $38.2 billion budget deficit — raising the prospect that Californians could pay millions ofdollars in extra borrowing costs in the future. Unless a budget […]
Venture capital continues decline in 2003
The prognosis for those who suffer from glioblastoma multiforme, a common form of brain cancer, is 11 months. About 8,000 people are diagnosed with it every year. A Penn State University scientist, Waldemar Debinski, has developed a drug intended to […]
Capital sought to grow seed funds
At least $50 million of private venture capital is being sought to establish specialist seed funds in biotechnology, one of the Government’s key growth sectors. The New Zealand Venture Investment Fund (VIF) gave notice yesterday of its intention to set […]
$50m sought for specialist seed funds
AT LEAST $50 million of private venture capital is being sought to establish specialist seed funds in biotechnology, one of the Government’s key growth sectors. New Zealand Venture Investment Fund general manager Franceska Banga said the fund would invest a […]
San Jose Mercury News, Calif., Term Sheet Column
Jul. 17–START-UPS TO PLAY IMPORTANT ROLE IN VALLEY RECOVERY: Silicon Valley is one of the most dynamic business centers of the world because of its ability to reinvent itself, but the state budgetcrisis presents some difficult choices for us as […]