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Wednesday's Afternoon Update
What you need to know about Florida today
Few take startup funding risk
Even though more startups are springing up, lenders still aren’t keen on handing money to these new businesses. Most banks don’t lend to companies that have been in operation less than two years, and private equity firms don’t get a financial return on a loan to a startup that makes it worth their time, experts said. More at Miami Today.
Jaguars owner Shad Khan ends association with group linked with One Spark
Jacksonville Jaguars owner Shad Khan and his financial firm Stache Investments are ending their association with KYN, a business accelerator group that helps some participants in the One Spark crowdfunding festival. More at the Florida Times Union.
For some South Florida business owners, battle against breast cancer is personal
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Business Profile
Hair Construction, which won the eMerge launch competition along with fast-growing firm Modernizing Medicine, has seen investor and customer interest balloon since the conference, CEO Cory Hoffart said. |
Across the nation this month, businesses are rallying their employees and customers in the fight against breast cancer. For some owners, the cause is personal and workplace participation is that much more rewarding. More at the Miami Herald.
University of Florida announces formation of UF Diabetes Institute
The University of Florida announced today the formation of the UF Diabetes Institute, a collaboration of dozens of researchers campuswide all focused on forging advances in treatment for a disease that afflicts an estimated 29.1 million Americans and 1 in 10 Floridians. More at UF News.
No Disney fun for Orlando workers as poverty nears 20%
It costs a family of five about $1,500 for a four-day pass to the theme parks at Disney World near Orlando, Florida. It takes Weston Vlier, who drives a bus there, four weeks to earn that much. More at Bloomberg Businessweek.
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Banking and Finance
» Community banks think outside the core » Brilliant deductions: Tax help for individuals and businesses |
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