Banks have confirmed their commitment to raise at least 1 billion euros for SME funds, with the first funds extended to provide long-term financing for small and medium-sized enterprises released during the second half of the year. Flemish minister-president Kris… Read more ›
A prosecutor at the General Prosecutor’s Office, Jaroslav Kozolka, was an agent of the communist-era military counter-intelligence service, the Sme daily reported on May 23, citing information from the archives of the Czech Institute for the Study of Totalitarian Regimes.… Read more ›
Surachai Chitratsenee, third left, senior executive vice president of SME banking at CIMB Thai Bank, yesterday signs a loan agreement with Law Kim Choon, group managing director and CEO of ISCM Industries (Thailand) and Integrated SCM, to support expansio Segment… Read more ›
STANDARD Chartered Bank has initiated a campaign to help their Small and Medium Enterprises (SMEs) customers reduce costs in key transactions with the bank. The campaign that runs up to the end of July, this year, will see the bank’s… Read more ›
Britain’s biggest banks are lying that there is no demand for lending, from small to medium enterprises, as ‘challenger banks’ are funding SMEs more than ever , says UK business secretary Vince Cable. Speaking exclusively with IBTimes UK, Cable says… Read more ›
Ever since the economy took a nosedive in 2008, I have watched with total amazement as presidents, Congress, economists and the mainstream media have totally and completely ignored the single most important factor in the U.S. economy. Small businesses create… Read more ›
Conrad Wood at PNC Financial shows off the bank’s new Cash Flow Insights program that was created for small-business customers — one example of ways that large financial institutions are reaching out to small businesses. But owners of those businesses… Read more ›
Denver’s economy continues to gain traction, with some of the strongest population, employment and home-price gains in the country, said Jeff Romine, chief economist with the Denver Office of Economic Development. “Denver is the fastest-growing county in Colorado. It is… Read more ›
Compared to sizable companies, small to medium sized businesses (SMB) seem to be less concerned with mobile security because they feel too “unimportant” to be attacked. This, of course, is not true. In the first half of 2012, small businesses… Read more ›
Staying Alive The struggles of a business trying to survive. I get a fair number of e-mails from my readers. A couple of weeks ago one arrived from a gentleman named Michael Bloch He wrote: I am a senior at… Read more ›
SAN LEANDRO, California, May 23, 2013 /PRNewswire/ – For the second consecutive year, Ernst Young LLP named TriNet CEO Burton M. Goldfield a finalist for the Ernst Young Entrepreneur Of The Year® 2013 Award in the Northern California region. The… Read more ›
ROUND ROCK, Texas–(BUSINESS WIRE)– Dell today announced the final speaker line up for its fourth annual Dell Women’s Entrepreneur Network event, to take place in Istanbul, Turkey, from 2nd-4th June, and online for a global, virtual audience. The Dell Women’s… Read more ›
CAMBRIDGE, MA–(Marketwired – May 23, 2013) – Redstar Ventures, the Boston-based venture foundry, today announced that prominent serial entrepreneur Gina Ashe is joining Redstar to lead its newest startup as CEO. Ashe joins veteran entrepreneurs Bill Wittenberg and Andrew Lau… Read more ›
More than 9,000 firms have received specialist support from MAS with long-term strategy, securing efficiencies, developing new products and supply chain development since the enhanced national offer was introduced in January 2012. The report says that MAS support has helped… Read more ›
Appcara has announced a new appliance designed to provide “cloud app management in a box” for small and medium enterprises. The AppStack Express Appliance is meant to be a turnkey appliance enabling simple management of cloud applications and sold exclusively… Read more ›
The challenges faced by small businesses in accessing finance have been well documented. And now the focus has switched to the alternatives to bank credit – such as crowdfunding, asset finance and invoice discounting. But there is another alternative, an… Read more ›
Quarter of SME loans impaired Thursday, May 23, 2013 Roughly a quarter of SME loans held by the banks were impaired at the end of last year, which is up from 21% at the end of 2011, according to the… Read more ›
Moneycontrol Bureau India Finsec’s initial public issue (IPO) will open for subscription on Friday May 24, 2013 and the same will close on May 28, 2013. The equity shares offered through prospectus are proposed to be listed on the BSE… Read more ›
Well, this is good news. The state of Vermont has decided to join private companies like Twitter in taking the fight to patent trolls — shell companies that don’t do anything except use old patents to extort businesses into paying… Read more ›
It took just 11 sessions of intense education for Frank Dsouza to feel on top of the world. Dsouza was one of 33 Utah small-business owners in the first class to graduate Wednesday from Goldman Sachs’ 10,000 Small Businesses program,… Read more ›
A few days ago, tech giant Microsoft made news by saying packaged software will soon be a thing of the past. Just how soon? According to spokesperson Clint Patterson, “within a decade, we think everyone will choose to subscribe” to… Read more ›
In addition to the low approval rate, which included employers who submitted but eventually withdrew their applications, the agency has been slower to process applications and disburse funds than in the aftermath of hurricanes Ike in 2008 and Irene in… Read more ›
When you think of Texas businesses, large corporations like Exxon Mobil (XOM, Fortune 500), Dell (DELL, Fortune 500), and Texas Instruments (TXN, Fortune 500) are generally the first that come to mind. But over the past few years, from the… Read more ›
Who is that Light in the Box? That’s startup founder Alan Guo at his Beijing base Beijing entrepreneur Alan Guo makes the point that today, big companies serve small companies rather than the other way around. And his four-year-old startup Light in… Read more ›
Nine finalists compete for votes to win $100,000 grand prize MONTREAL, May 22, 2013 /CNW Telbec/ – Online voting begins today at www.bdc.ca/yea in the 2013 BDC Young Entrepreneur Award contest organized by the Business Development Bank of Canada (BDC).… Read more ›
CORAL SPRINGS, Fla., May 22, 2013 /PRNewswire/ – Business Financial Services, Inc. (BFS) is pleased to announce that President and CEO Marc Glazer has been named a finalist in the Ernst Young Entrepreneur Of The Year 2013 awards program. Glazer, who… Read more ›
Graham Weston photo via Rackspace We all know at least one entrepreneur who always gets things done, and appears unstoppable in his quest. All of you probably know many others who talk incessantly about their great ideas, but never seem… Read more ›
ACCRA, Ghana, May 22, 2013/African Press Organization (APO)/ — IFC, a member of the World Bank Group, today announced a new agreement with Advans Ghana Savings Loans Ltd to expand access to the Business Edge training program in Ghana. The… Read more ›
More than half of small businesses are handling their own legal matters amid widespread concerns about the value for money offered by law firms, according to a major Legal Services Board (LSB) research project. The report, compiled in partnership with… Read more ›
(MENAFN – Khaleej Times) Emirates NBD, a leading regional lender, announced that it would be boosting financing for small and medium enterprises, or SMEs, as well as micro SMEs in 2013 by setting aside Dh2 billion, up from Dh1.5 billion… Read more ›
Wed May 22, 2013 5:31am EDT (Repeat for additional subscribers) May 22 (Reuters) – (The following statement was released by the rating agency) Fitch Ratings has upgraded Small and Medium Enterprise Development Bank of Thailand’s (SME Bank) National Long-Term Rating… Read more ›
Small and medium-sized enterprises (SMEs) in WA have topped the nation for their use of social media, according to a study. Telstra’s 2013 Yellow Social Media Report found 34 per cent of SMEs in WA had a presence on social… Read more ›