Monday's Afternoon Update
What you need to know about Florida today
Florida homeowners get $3.6 billion in mortgage relief
Five of the nation’s largest banks have provided $3.6 billion in mortgage relief for Floridians as part of a nationwide foreclosure settlement, Attorney General Pam Bondi announced Monday. An additional $1.3 billion in modification relief is "in the pipeline," Bondi said in a written statement. More at the Tampa Bay Times and the South Florida Sun-Sentinel.
How to turn your emails into revenue
Market segmentation -- who needs it! The argument goes something like this; “we’ve researched the demographics, firmographics, psychographics and know exactly who we are targeting.” Maybe, maybe not. Read Ron Stein's full column.
Florida biotech firm lands $37.5M in venture capital funding
An Alachua-based biotechnology company has secured $37.5 million in venture capital funding in what is believed to be the largest private venture deal ever for an area company. Applied Genetic Technologies Corp. announced that a syndicate of three new investors has joined three existing investors in the funding round to move its genetic therapies through human clinical trials. More at the Gainesville Sun.
Florida caterers serving up success
Though the genesis of three South Florida catering companies may be different, one thing the owners each have in common is the passion and drive to make their business a success. For Gil Riback of SOHO Catering in Hollywood, it's about confidence. "As entrepreneurs in this tough economy, you don't ask 'Is this a good time?' you just do," Ribak said. More at the South Florida Sun-Sentinel.
Focus on business, demand excellence
The South Florida business community will play a vital role in Miami’s transformation into the tech hub of the hemisphere, but quality control will be the key. Support for entrepreneurs includes everything a startup needs to assess feasibility, develop, pilot, structure, build and grow the business. More at the Miami Herald.
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