Wednesday, September 20th, 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.

What the McRib Can Teach About Entrepreneurship

McDonald's limited-edition McRib sandwich is available between now and December 5 – and people are going crazy for it. But what does a small pork sandwich have to do with entrepreneurship? The answer is that the McRib offers an example of strong brand-building. McDonald's may not be known for the devotion that smaller burger chains […]

Silicon Valley Fund Sets Aside $650 Million for Tech Startups

Venture capital firm Andreessen Horowitz plans to put hundreds of millions of dollars into tech startups over the next few years. The Menlo Park, California-based company announced November 3 that it had completed fundraising for a $650 million funding round, which will provide capital to firms that need between $50,000 and $50 million. In the […]

Women Respond to Challenges When Starting Businesses

Bootstrapping a company is challenging for anyone – countless entrepreneurs have seen their ventures fail to get off the ground. But women may face particular challenges in starting their own companies. According to a poll commissioned by JAFRA Cosmetics International, a direct seller of beauty products, 40 percent of women say they would struggle to […]

SBA Backs Thousands of Small Business Loans

Thanks to the Small Business Jobs Act, more than 5,000 small businesses across the country have received loans backed by the Small Business Administration. The act, which was passed in September, extended an SBA loan-fee waiver and kept SBA loan guarantee limits higher than their historical standard. Those provisions, designed to spur small-business lending, do […]

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 […]