August 2006 Archives

Globalization of Healthcare

A filled-to-capacity crowd of over 225 people kicked off CED’s 2006-2007 Biotech Forum series by attending a discussion on “The Impact of Globalization in Healthcare” earlier this month.

WRAL Local Tech Wire recently asked Grace Whi-Tze Ueng to discuss the highlights at event. Ueng, founder and chief executive officer of Savvy Marketing Group, moderated the panel. Some of the key takeaways:

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Biotech Resources

Dr. Leslie Alexandre, president and CEO of the North Carolina Biotechnology Center, describes the public and private resources that can help bioscience entrepreneurs succeed.

Alexandre says that the region's key strength is the collaborative nature among organizations championing biotech entrepreneurship.

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The Power of Entrepreneurial Networks

Successful entrepreneurs need innovative ideas, but they also need a thriving network of mentors, clients, investors and partners to help them start and grow their business.

Toby Stuart, a professor at the Harvard Business School, has closely studied the importance of social networks in entrepreneurial success. Based on his research, Stuart was recently awarded the 2007 Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship.

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Advice for Early-Stage Entrepreneurs

Award-winning Scripps Howard columnist Bruce Freeman writes a weekly article called "Ask the Small Business Professor" for a network of 450 newspapers across the country. He recently received this question from an entrepreneur:

"I own a small technology business and have two people working with me. We have no space, limited resources and feel very isolated in terms of networking and building strategic partnerships. What do you recommend?"

Freeman contacted CED to help answer this reader's question.

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Best Business Climate?

Forbes has just come out with its ranking of "The Best States for Business". Southern states had a solid showing, with the top three spots going to Virginia, Texas and North Carolina.

To compile its "Best States" listing, Forbes ranked all 50 states on 30 metrics in six main categories: business costs, economic climate, growth prospects, labor, quality of life and regulatory environment.

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Interview with Digg CEO Jay Adelson

Venture Voice is a unique Web site that posts audio podcasts with entrepreneurs, investors and other innovators on a regular basis from across the country.

The site's most recent interview is with Digg's CEO Jay Adelson. Digg is a news website that uses its own readers rather than editors to decide what stories are most important.

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M&A Optimism

M&A activity is on a record-breaking pace, and dealmakers are again expressing optimism with 90% saying the current M&A environment is good or excellent.

That's the latest findings from the ACG/Thomson DealMaker’s Survey (PDF), which recently polled 1,201 investment bankers, private equity professionals, corporate executives, as well as lawyers, accountants and other service providers involved in the deal economy.

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WUNC Reports on NC's Venture Climate

Leoneda Inge, a reporter with North Carolina Public Radio - WUNC, has put together a story on North Carolina's venture capital community.

Inge spoke with Intersouth Partners' Garheng Kong, CED's Zack Mansfield and Motricity's Ryan Wuerch about the region's investing climate.

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15 Tips to Raise Venture Capital

Veteran entrepreneur Vivek Wadhwa, who is now Executive-in-Residence/Adjunct Professor at Duke University, has some tips on raising venture capital.

In particular, he focuses on preparing for the rigorous due diligence that investors perform when considering a deal.

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Protecting Your Intellectual Property

Everyone knows that one of key elements in establishing a strong company is having good ideas. That’s why intellectual infringement is such a concern for many entrepreneurs.

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