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[Business Plan Briefing] The Art of the Ask
December 04, 2007

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YES Fund announces Business Plan Competition

YES (Youth Employment Systems) Fund, the Global Fund for Youth Entrepreneurship announced the launch of the ICT Business Plan Competition for 2007-2008, to support budding young entrepreneurs.

The programme will support youth to identify opportunities, prepare their business plans and compete for the best ideas.

Read full article here.

$165 Million Venture Fund in Ontario

The McGuinty government is creating a $165 million venture capital fund with four of the largest institutional investors in Canada to help keep high-paying jobs and local innovation from flowing out of Ontario.

It will be a "fund of funds," meaning a fund manager – acting on behalf of the province and its private-sector partners – will allocate the money to existing venture capital funds operating in Ontario.

Read full article here


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Here's the spot to get ideas, and give a bit of help to a friend.


Go to Sound Off
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Entrepreneurial Girl Power

Where have all the women gone? That's the question that may be on your mind after browsing through company profiles on this year's Inc. 5,000 list. While the number of women-owned businesses has been growing at two times the rate of businesses owned by men for the past few decades, women CEOs make up little more than 10 percent of the Inc. 5,000. These findings are indicative of a larger trend -- namely, while women run a lot of businesses, few are growing them beyond the $1 million mark.

Read full article here


Skyline Ventures has new $350 Million Venture Fund

Skyline Ventures announced the closing of Skyline V, a $350 million venture capital fund.

Skyline stated that the new fund would target approximately 15 investments with approximately $15-35 million per portfolio company over the life of the investment. The fund will continue the approach Skyline has been using since raising its third fund in 2001 of hands-on investing in early-stage, mid-stage and later-stage companies.

Read full article here


SBA Loan Programs for Veterans

Not everyone will qualify for these loans.  Only the best and brightest -- our veterans -- will qualify.  There are standard loans and microloans and contact centers throughout the US for veterans who want to go into business.

Read full article here


SBA Loan Programs for Veterans

Not everyone will qualify for these loans. Only the best and brightest -- our veterans -- will qualify. There are standard loans and microloans and contact centers throughout the US for veterans who want to go into business.

Read full article here


Infopublishing

The Art of the Ask

Your marketing director wants to bump up his budget 20% to pay for a Web site that doesn't crash. Your head of sales has fabulous news about the prospects for next year—so fabulous, in fact, that she wants to hire five more salespeople and revamp your ordering system. Speaking of revamping, you've got 30 employees jammed into an office that was tight when you had only 10. Clearly, you've got to raise cash. So you pick up the phone and call...whom, exactly?

Read full article here


Seed and Venture Fund Conference Coming to Detroit in 2008

In the world of venture capital for new and growing firms, Michigan is known as a flyover state, a place bypassed by the big money people.

Efforts to shed that rap will get a boost soon, now that key Michigan economic development officials have won a bid to host the 2008 conference of the National Association of Seed and Venture Funds, Sept. 10-12 in Detroit.

Read full article here

$1Billion in Pennsylvania Venture Fund

Two of TL Ventures' managing directors are teaming with the founder of Hamilton Lane to raise a $1 billion fund that will invest in venture-capital funds and will get 60 percent of its money from selling debt securities.

Additionally, TL Ventures is just starting to raise its seventh venture fund, which will be from $200 million to $250 million.

Read full article here

Your Sample Business Plan

This is a very nice business plan for a start up accounting business. This is from Royal Bank in Canada, a great resource for business plan development.

Read full article here


"Shakespeare wrote his sonnets within a strict discipline, fourteen lines of iambic pentameter, rhyming in three quatrains and a couplet.  Were his sonnets dull?  Mozart wrote his sonatas within an equally rigid discipline -- exposition, development, and recapitulation.  Were they dull?"

~David Ogilvy, founder of Ogilvy & Mather

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