Monday, May 29th, 2017

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YOUNG MONEY articles, books, resources, advice for college students and young entrepreneurs – starting a business, business plans, business ideas for young entrepreneurs.

Visa Provides $1 Million for Microloans

Credit-card company Visa is giving back – and its philanthropic efforts may give a boost to would-be entrepreneurs. Visa is gifting $1 million to Kiva, a microlending company that has provided loans to more than 400,000 entrepreneurs in 54 countries. Kiva is expanding its reach in the U.S. by funding startups in the Gulf Coast […]

Entrepreneur Profile: Keegan Hall and Emergent Detection

Company Name: Emergent Detection Industry: Technology, Fitness/Weight Loss Founder Name: Keegan Hall (29), Eric Fogel (39) Founder’s Age when company was founded: after a year of initial development work, the company was officially founded in April 2010 Tell us about your background (education, etc): I (Keegan Hall) have previously served at Director and VP-level positions […]

St. Louis Plans $1 Million Startup Incubator

A $1 million startup incubator is being planned for St. Louis, Missouri, the St. Louis Business Journal reports this week. Two nonprofits – the Coalition for Plant and Life Sciences and the BioGenerator – are opening a 5,400-square-foot facility to help support science companies. The building will comprise 13 individual offices, shared lab space and […]

Entrepreneurship Challenge Winners Meet Obama

The top five contestants in the National Youth Entrepreneurship Challenge – a contest sponsored by Oppenheimer Funds and the Network for Teaching Entrepreneurship – met with President Barack Obama in Washington this week. The grand prize winner in the competition – which challenged young entrepreneurs across America to devise their own business plans – was […]

Startups Receive Funding from Angels, Family and Friends: Survey

Startup companies overwhelmingly receive their first round of funding from angel investors, friends and family members, a survey of startup CEOs by law firm Dorsey & Whitney shows. The firm polled 363 CEOs and found that angel investors were the most-commonly-relied-on funding source. Fifty-nine percent of the executives reported having received funding from an individual […]

U.S. Residents More Likely to See Themselves as Entrepreneurs: Gallup

Americans are more likely to say they have qualities typical of entrepreneurs, polling company Gallup reports October 12. According to the company, U.S. residents are more likely than those in the European Union or China to perceive themselves as competitive, confident risk takers. Eighty-two percent of the 1,000 Americans Gallup polled last December say they […]

Steve Jobs Is Teens’ Favorite Entrepreneur

Steve Jobs was the top-ranked entrepreneur in a poll of teenagers conducted by Junior Achievement. The economic-education program reports that Jobs received the most admiration in a survey of 1,000 young people. Twenty-three percent of survey respondents said Jobs – who founded Apple in 1986 and returned to the company in 1997, helping to create […]

RIT Receives $5 Million Gift from Entrepreneur

E. Philip Saunders, the founder of truck-stop company TravelCenters of America, is giving $5 million to the Rochester Institute of Technology – and he's challenging others close to RIT to give, too. The $5 million gift is contingent on RIT raising $15 million from other sources in the next six years. As the university comes […]

Marvell Electronics Co-Founder Picked as Entrepreneur of the Year

The Hua Yuan Science and Technology Association, a Chinese professional group, announced this week that it had selected Weili Dai, the founder of chip company Marvell Electronics, as its 2010 entrepreneur of the year. Dai, who is the only woman to have co-founded a large, publicly traded semiconductor firm, said the award was a great […]

RPI Names Entrepreneur of the Year

Rensselaer Polytechnic Institute has named Jacqueline Novogratz its 2010 entrepreneur of the year. Novogratz, the founder of the social venture-focused Acumen Fund, is being given the award, named in honor of 1953 RPI alumnus William F. Glaser, at a ceremony in December. Gina O'Connor, the director of the university's Severino Center for Technological Entrepreneurship, said […]