|MATR Newsletter - Fri Jul 20, 2007|
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"Help others get ahead. You will always stand taller with someone else on your shoulders." -- Bob Moawad
Two related items today for entrepreneurs. Congratulations to Mark Solon and his team at Highway 12 - "Highway 12 Ventures Raises $75 Million Second Fund. Invests in 3 Businesses. Firm continues focus on high-growth opportunities in the Intermountain West " For any entrepreneur looking to maximize the potential of your business and rise to the level to be considered by Highway 12, you have an opportunity to get advice from two of the most respected and successful Mentors/Angel investors in the U.S. - Rob Ryan's Boot Camp at Entrepreneur America in Hamilton, MT http://entrepreneur-am ... .org/ and Bill Payne who spends time in MT - "The Venture Analysis by Bill Payne" http://matr.net/articl ... .html
Funding and Building your Business
Montana Meth Project
- How to Handle Late-Paying Clients
Coldhearted as it seems, sometimes the best strategy for handling habitually overdue customers is to quit working for them.
- How Top Bloggers Earn Money
Cat pictures, gossip, tech talk, politics—there's lots of ways to rake in the dough online
- The Business Pre-Nuptial. Protecting Principals in Case of a Split
Before the honeymoon is over is precisely the time to think about what happens if principals decide to go their separate ways.
- Siebel says meth project raised $500,000, but needs more. Critical of 'crazy' drug policy
"The results in the state of Montana have been nothing short of remarkable," he told the Hometown Helena group. "If this data holds up, this is the most effective anti-drug effort in history."
Connectivity & Communications
- The road from research to revenue
Extra staffing means higher expectations for Virginia Tech Intellectual Property, an office that has reeled in millions for the school.
Cool Stuff That's Coming
- Now You Can "Rule the Web"
I thought I knew about most of the cool stuff on the web, but thirty pages into this book it was clear to me that I was deluding myself.
- You could look it up: He changed the world - Wikipedia
Eye of the storm: A popular online information source, Wikipedia has been at the center of a number of controversies
Incubators and R&D
- Speed-of-light computing comes a step closer
Could be a key building block of machines that are hundreds of times faster than today's supercomputers.
- University of Montana Environmental Health Center Lands $10.6MM Grant
Founded in 2000, the center works to advance knowledge of environmental impacts on human health. Its 16 faculty members and six faculty affiliates study everything from arsenic exposure to diseases caused by Libby asbestos.
Developing Funding Opportunities in Montana
- Highway 12 Ventures Raises $75 Million Second Fund. Invests in 3 Businesses. Firm continues focus on high-growth opportunities in the Intermountain West
“We believe that the lure of a unique quality of life coupled with an established business infrastructure will continue to make the Intermountain West the fastest growing region in the country for talented entrepreneurs.
- High tech, biotech clashing on patent bill. "Stop reckless rush to overhaul patent system"
This week they're on opposite sides of a fight playing out in Washington: How to overhaul the nation's patent system.
- Utah Fund of Funds Sees Success Stories
The difficulty of finding capital within the state has long been a complaint of Utah’s entrepreneurs.
Montana Economic Development
- Cable Technology hiring temp workers to fulfill $1.6 million contracts
"We're encouraging students looking for summer jobs to apply for these jobs, because we need temporary full- and part-time workers," Saunders said.
- Foley buys Edwards Jet Center
Foley is chief executive officer of Fidelity National Financial, A Fortune 500 company and the largest title insurance company in America. He was appointed to the Winter Sports board in November 2004 and then acquired a sizable number of shares from Dick Dasen Sr. after Dasen was charged with prostitution and other sex crimes in 2004.
Regional Economic Development
- Many in Montana question liquid coal
The concept, the subject of much recent congressional debate, has a couple of main problems. One is that the huge incentives involved are seen by many as a reckless boondoggle for the coal industry. The second is the fear that carbon dioxide pollution from the process may not be controllable either economically or practically.
- Bozeman City Mayor Jeff Krauss-Attracting And Keeping High Quality Businesses In Bozeman, 7/24, Bozeman
Mayor Krauss will cover what the city is doing to build a more attractive business environment.
- Montana Indian Business Conference & Showcase, 9/18-19, Helena
MIBA’s sole purpose to is to foster development of Indian owned businesses. A new word was coined recently: that word is Indianpreneur. An Indianpreneur is a concentrated version of Indian and entrepreneur.
- Innovation, Education Top Meeting Agenda for Governors
The four-day meeting will concentrate on NGA Chair Arizona Gov. Janet Napolitano's yearlong initiative Innovation America, which focuses on the importance of providing a quality math and science education, helping colleges and universities better prepare the workers of tomorrow and promoting investment in businesses and technologies of the future.
Utah Economic Development
- 23 feature films shot in Utah in '07
Millions of people saw parts of Utah during the past 12 months, and most didn't even have to leave their home town to do it.
- The Governor's Office of Economic Development is busy, potentially fruitful to the tune of 10,000 new jobs
Incentives approved for 28 companies ultimately could lead to 10,000 new jobs, new state revenue of $476 million, capital investment of $2.7 billion and new wages of $4.6 billion over the next decade.
- Google, State of Michigan Announce Partnership to Enhance Internet Search Capabilities
A new partnership to make it easier for citizens using search engines to find government programs and services they need, using the latest online technology.
Washington State Business
- RxElite will move offices to Nampa, plans to add jobs
The company develops and markets generic prescription pharmaceuticals in sterile liquid doses and oral solid doses, medicine patches for pain and various diseases, and anesthetic gas.
- Green Building Picks Up Steam In Idaho
With gradual growth in the amount of plans for energy efficient buildings and a rise in applications for LEED certification, Idaho is joining with many other states in a push to build more environmentally-friendly homes and buildings.
- Itron girds for next big market
Liberty Lake-based Itron Inc., the No. 1 supplier of automatic meter-reading equipment in North America, is striving to compete in the next big meter-reading market—technology that gives utilities and their customers two-way communication.
- 66-turbine Wind farm planned in Wyoming
The Glenrock Wind Energy Project will generate 99 megawatts of renewable energy for Rocky Mountain Power's parent company, PacifiCorp. That's enough electricity to power almost 30,000 homes.
- Governor, what's in your wallet? Montana receives ‘F’ in disclosure
“As the top elected official in each state, governors sign legislation into law, recommend and approve state budgets and have wide-ranging powers to appoint department and agency heads and fill board and commission positions,’’ Leah Rush, the center’s states projects director, said in a press release. “Requiring them to disclose their private financial ties could reveal possible conflict of interest.’’
- Googleplex tour: Where food is free, IQs are high
Tour of Mountain View Campus is as interesting for what it reveals as for what it does not.
- China's grip on key food additive - Vitamin C
China, which exports more than 80 percent of the world's ascorbic acid – also known as vitamin C and a key food preservative – appears to have cut production over the past several months, pushing prices up by more than 200 percent to a four-year high.
- How to Keep Your Cool In the Interview Hot Seat
Few situations are more stressful than those in which you're being judged.
Montana Education Excellence
- A better way. Meeting Montana’s energy needs, the AERO way
The Helena-based Alternative Energy Resource Organization (AERO) just released a new report titled “Repowering Montana—A Blueprint for Home Grown Energy Self-Reliance.”
- Montana Board of Public Ed decision threatens dual-credit classes
"To have a university professor be required to have a Montana teaching certificate - and some of these professors are teaching teachers - to me it's just asinine,"
- University of Montana Indian Center Pulls In Donations. Will Break Ground for New Building in 10 Months
“The Native American Center will be a model for universities around the country,” said Elouise Cobell, executive director of the Native American Community Development Corp. “We will be trailblazing.”
- College Courses Coming to the Bitterroot This Fall
The University of Montana College of Technology now offers courses in the Bitterroot for area residents who are interested in working toward a college degree or enhancing job skills.
- City Proposes Rewards For Building Smaller Homes. "Making McMansion Owners Pay"
To curb excessive house sizes, Boulder, Colorado, is offering financial incentives to homeowners not to build out, and penalties for McMansions.
- Not-So-Friendly Greeting Cards
You might want to think twice before opening that e-greeting card sent to you via e-mail.
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