- The world of entrepreneurship moves at a fast pace. Here are some of the week’s top news stories.
- This week marks the 20th anniversary of the Tiananmen Square massacre. Learn how one former Chinese entrepreneur has found her calling in life — as a protester championing the cause of Chinese business owners. (WSJ)
- In his much-discussed speech in Cairo, President Obama promoted entrepreneurship. He said that he would host a summit on entrepreneurship this year to deepen ties between business leaders, foundations and social entrepreneurs in the US and Muslim countries. (Read the full text)
- Succeed as an entrepreneur, and not only will you make money, but you might just be on money. The entrepreneurial team who brought us the steam engine in the 18th century, James Watt and Michael Boulton, will be featured on Britain’s new 50 pound banknote. (BBC)
- Japan desperately needs entrepreneurs. While the country has the world’s second-largest economy, it has generated only $3 billion a year in venture funding, for about 3,000 investment deals annually. In comparison, US start-ups get $30 billion in funding a year. (Forbes)
- Credit card legislation was signed, leaving small business owners divided. Many small business owners who have been struggling as they were slapped with more rate hikes, as well as the National Federation for Independent Business, support the bill because of its rate hike restrictions. However, other organizations, like the Small Business and Entrepreneurship Council, oppose the bill because they fear it will choke off an already tight credit market. (Inc.)
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That was an excellent post with some great information. We published some information on this topic too. You can see it here.
http://bizconnectionsnow.com/blog/business-funding/business-funding-where-to-start/