Mar
8
2010
In 2002, a group of Babson College entrepreneurship students ran out of room on their whiteboard. They had spent hours brainstorming new business possibilities, and the sudden space crunch threatened to cramp their creativity.
Instead, it sparked a new idea: Why not make paint that turned walls into giant whiteboards? The ideas kept popping: you could paint chairs, doors, tabletops, playrooms, entire corporate offices. Any surface could be a canvas for inspiration. The company would be called IdeaPaint.READ MORE
Mar
4
2010
While Washington debates how to help the country’s struggling small businesses, states and municipalities have stepped up with an array of initiatives to stanch closings and save jobs.
The local approaches are as varied as subsidizing wages for new hires, running a $100,000 regional business-plan competition and giving out grants to help small manufacturers reposition themselves. Some states and cities are using federal stimulus dollars, and others are mixing federal, state and private dollars. READ MORE
Feb
16
2010
Americans continue to experience great hardship as our country weathers the worst economic storm since the Great Depression. Unfortunately for hard-working Floridians, the storm is far from over here in the Sunshine State. According to the state’s chief economist, our unemployment is expected to reach historic levels in the coming months, hitting more than 12 percent.
Since the recession started two years ago, there have been more than 750,000 jobs lost in Florida and seven million shed nationwide. In the Miami and Fort Lauderdale area, unemployment is above the national average with 53,000 jobs lost last year alone.READ MORE