Monthly Archives: May 2003

Oklahoma: Multiple taxes: Investment credit, property sale exemption addressed

Effective November 1, 2003, provisions concerning the credit against Oklahoma personal income, corporate income, and insurance premiums taxes for investments in certain qualified venture capitalcompanies are extended, and a provision prohibiting the sale of certain residential property to satisfy delinquent […]

FSA Proposes Regulation Overhaul

LONDON (HedgeWorld.com) – The UK’s Financial Services Authority has proposed a sweeping change in the system by which it regulates investment funds – a change that would introduce some hedgingstrategies to the retail market. The proposal, announced May 21, would […]

BluMont and Man Group Together for Second Canadian Note

TORONTO (HedgeWorld.com) – BluMont Capital Corp. launched its second structured hedge fund, the BluMont Man-IP 220 Series 2 Notes. The issue follows the successful sale of C$62.7 million (US$46 million) of the Series 1 notes, both of which are managed […]

Upturn nigh for venture capitalists

VENTURE capitalists in the UK are confident the worst of the downturn is over, and this should drive deal activity in the coming months, according to a new survey published today. A quarter of the venture capitalists surveyed by accounting […]

Stimulating ICT growth, NEW STRAITS TIMES-MANAGEMENT TIMES

xfdws STIMULATING-ICT sked Emerging Markets Datafile May 26, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Stimulating ICT growth, NEW STRAITS TIMES-MANAGEMENT TIMES Rozana Sani ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]

Daughter of third way architect seeks to tackle social decay with venture capitalism: Bridges over troubled communities

First thing today a group of smartly dressed executives are sitting down in an office near Paddington in London to take a decision on whether to back a new business. The size of the investment, less than pounds 1m, is […]

Pennsylvania Technology Company Receives $2.50 Million; HyperNex, Inc. Closes Second Funding Round

STATE COLLEGE, Pa.–(BUSINESS WIRE)–May 27, 2003–HyperNex, Inc. today announced the completion of a $2.5 million venture capital funding round, led by Draper Triangle Ventures with new investmentsfrom CID Equity Partners and Draper Fisher Jurvetson. Existing investors, Staley Capital Partners and […]

Unveil Technologies Secures $4.5M in Series A Venture Round

WALTHAM, Mass.–(BUSINESS WIRE)–May 27, 2003– Investment by Sevin Rosen Funds and Solstice Capital will Fund Company Growth and Accelerate Time to Market for Speech Self Service Application Software Unveil Technologies, Inc., a provider of enterprise speech self service applications for […]

Metarie-based lending firm expands into four new states

BizCapital, a Metairie-based business and industrial development company that lends capital to small and medium-sized companies, is expanding into Denver, Tampa, Fla., New York and St. Louis. The growth was made possible by a $110 million grant from the federal […]

Software Firm Chases Vital Venture Capital

Edward L. “Ned” Lilly Jr. wants to take OpenMFG LLC, a software company in Norfolk, to the next level. The company has developed software that helps small manufacturers, with revenues under $50 million a year, manage their manufacturing, distribution and […]

Stimulating ICT growth (HL)

THE economic stimulus package announced by Prime Minister Datuk Seri Dr Mahathir Mohamad last week is expected to give a boost to the local information and communications technology (ICT) industry,leading to better growth than previously projected. While there were none […]

Finding tech prospects

IT is no secret that the last three decades have seen the most advances in science and technology in the history of mankind. And it’s the very technology that has revolutionised old industries andcreated new ones. No matter how great […]