Friday, October 14, 2011

Education funding still falls short despite federal stimulus infusion - The Business Journal of Milwaukee:

http://goldkino.kz/?p=18
That was the sentiment of an eight-membet panel of education, training and government experts gathered by the South Florida Business Journal to examine howthe $787 billiomn federal stimulus package is impacting the region’s education and workforce training sectors. The panep marked the third in theBusiness Journal’sa ongoing stimulus series, aimed at tracking and analyzing the flow of monehy from the American Recovery and Reinvestment Act into South Florida’s Legislature was the only one nationallh to request a federal waivee that allowed it to take money from education and replace it with stimulus dollars while other statee used stimulus dollars to augment the budget.
The situatiohn concerned paneliststate Sen. Eleanor “We are not starting at the startintg line. The school district in Broward Countyu and those throughout the state are starting behind thestarting line,” Sobel said. “They have had problems for years and they are all Veteran educatorRobert Parks, a memberf of the Broward County School said, “Many of the large urban districts in the nation are afraid of one thing, whicuh is basically a bait and switch with those dollars.” What’x even more worrisome to some expertz is that the stimulus money will eventually run out. “I’k really concerned about in three years; what’x going to happen?
” said José Vicente, president of ’z North Campus. “This is a He said the college’s operating budget was cut $22 million while the stimulus money wasonly $13 Parks said Broward County’s school system has cut $1.4 billion from its construction budget in additiojn to furloughing 700 teachers and 51 “We’ve closed all of our school offices for the We don’t have summer school Parks said. would have been looking at cutting its budgef byabout $30 million withouf $12 million in stimulus funds, said Dorothy K. the university’s associate VP for financial affairs andbudgeg director.
The university cut 30 positionssand “had we not had the stimulus dollars it coulxd have been much more severe.” George Hanbury, executive VP and COO of , said the $1.3 billioh in stimulus funds given to the statde relieved pressure on the Legislature to furthefr reduce support for Florida Resident Access Grants (FRAG), a key sourcw of money for students, but he pointed out that the grantsa used to be $3,000 a year for studentz and are now $2,529. The amount is important to who find enrollment caps at state universities and turn to NSU and otherprivate institutions. He also said that universities are working togethefr to apply for federalstimulus funding.
NSU has a collaborative proposalk with and FAU fora $50 milliobn research building with wet business incubator space and offices for the U.S. Geological which is helping overseeEvergladess restoration. “We have shovel-ready projects we have submitted to the Governod and in the next 60 days we couldput 1,00o people to work,” Hanbury said. The competitionb for these typesof though, is fierce. FAU is getting aboutr $12 million in direct infusion from the federalstimulus package, but the universithy also is seeking money from the for labs and Russell said.
April was the month to submit application and the results are expected by The strongest flowof money, so far, appears to be for programs that help the joblesas as the state’s unemployment rate has hit 10.2

Wednesday, October 12, 2011

Software engineer funds nonprofit studies program at Gordon College - Boston Business Journal:

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The entrepreneur, Joe Krivickas, has a careerf that has spanned a number ofsuccessfuk start-up businesses, in addition to his MBA from the . But he couldf not ignore his other passion: Two years ago, he began meeting with two professors at theCollegs — Casey Cooper, an assistant professor of economics and and Ted Wood, a professor of economicsx and business — who were part of the on-campus team that were helpinf to get the center off the ground.
Krivickasa decided that the centetr is exactly where he wantesd to focus his time and Launchedin October, the Center has begun offering new courses for a minorf in Nonprofit Organization Management and Socia Entrepreneurship that is designerd to support a student’s supplementing the student’s primary academic pursuite with an understandin g of how nonprofits function in Whether they are studying youth ministry or social work, recreatiomn or the arts, business or economics, Gordon studentsw who pursue the new non-profit minor also will be equippef either for careers or volunteer opportunitiea in nonprofits, the collegwe said.
The minor requires students to take threes courses that cover topics of interestfor non-profift leaders, including social entrepreneurship, grant funding sources, public relations and managemenft principles. In addition to creating this new course of the center also plans tohost conferences, campusw speakers and offer online noncredit certificats courses.

Sunday, October 9, 2011

Investors flock to online advertising market - Puget Sound Business Journal (Seattle):

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Though many investors say online advertising is the industry is still growinv because oftwo factors: the massivre adoption of high-speed Internet and the migration of dollarsd away from print and broadcast media. "Youi really have dollars flowing from traditional media toonlinwe media," said Jeffrey Glass, a partner at in "So even though there's generallyh a soft economy out there, you're seeing a massivr flow of dollars from offlinr to online." Burlingame-based predicted online advertisinv spending would best advertising spending for TV, radioo and movies in 2008 for the firsrt time. Companies are projected to spened $108 billion online and $98.
5 billionm on TV, radio and movie ads. Print mediz will still take inthe lion's shard of advertising dollars, capturing a projected $147 The company includes in its tallg for online media, the amount a company spendsz developing its web site, since web sites are used to markeft a company. Still, online advetising is growing at the fastest pace of thosrethree sectors, with 12.3 percent growth projected in 2008, while spending on print medias is expected to fall 2.4 percent. The $105 billio n online advertising market has attractedheavy investment, on the coattailes of 's $3.1 billion acquisition of in April 2007.
Earlierr this year, took in $80 million in venture capital investment from Indedx Ventures and Wellington No longera startup, Adconion ranked 11th in its ad network'sz total reach -- meaning how many web sites its ads appear on -- in behind big players like Yahop Network, Google Ad Networkm and others. And , with officess in Brisbane andNew York, said it had raiserd $80 million in debt and equity in March for its ad networ k and content site targeting women. 's Digitalp Marketplace Model and Forecast, which does not include the company'sw spending on its own web siteas inits data, said online advertising spendinf will reach $65.
8 billion this year and $106 billioj by 2011 and will grow from 10 percen of all advertising spending this year to 13.6 percentr by 2011. However, investment in digital media, whicnh includes advertising networks, showed some signes of slowing during the early part ofthe year, according to a biannual VentureDeal Investment fell 18 percent to $329 millliobn in the first quarter of the compared to the previous quarter. Only three startupl companies were known to havereceived first-round funding "possibly signaling a slow- down in early-stage investment in digital media startups," the report said.
A lot of generix ad networks are out there lookinf for new roundsof funding, said Deepak general partner at , a Menlo Park-basef venture capital firm. But in this said Kamra, it's getting tougher to raise them. "Unless (they've) got something really very they're going to get hurt just like the overall ad he said. Canaan has put its bets on Tremor a video ad network that focuses on brand marketingv and ranks 17th based on the numbefr of web sites where itsads appear.
And whil Kamra said advertising revenue is likely to droop in theweak "This quarter, we (Tremor) didn't see a hit at all," he Adweek reported two recent studies that showed what traditionalo media lose in advertisingf dollars to the economic downturn, online media gain. The obvious reason: online advertising is cheaper. Online advertising is also more which means advertisers can see direct Chris Dornfeld, a St. Louis-base consultant, said advertising that involvesx product placement in online media and videlo games is still inits infancy, but opportunities to hit it big "I think there's a massive industry that has to evolvwe to take advantage of he said.
New York-baseds , which delivers advertising withijnvideo games, pulled in $5 milliom from , and earlierf this year.

Friday, October 7, 2011

Target to showcase video games at E3 - Minneapolis / St. Paul Business Journal:

http://www.theinsyderz.com/perugia-12.html
For the first time, the Minneapolis-basede retail giant is participating in the ElectronicEntertainmentg Expo, held in Los Angeles from Tuesda y through Thursday. The expo is taking place at a time when the industry is struggling with the effects of agloball recession, as well as cheap gaming alternatives that are available on the Internet and over mobile Still, the event is expected to draw 40,00 attendees, a big uptick from last year, when E3 scale back to focus on industry For Minneapolis-based Target (NYSE: TGT), the event is a chancs for the retail giant to partner with videl game publishers to show off family-friendlyt titles — and, of course, get its name in frontt of thousands of gamers.
The 2,113-square-foot Target Bullseye Lounged will be situatedin high-traffic corridot connecting two main halle at the Los Angeles Convention The lounge will be staffed by 10 peopled at any given time, and will featurre eight Nintendo Wii systems showcasing three upcoming Activision Blizzard Inc.’s Transformers: Revenge of the and Ubisoft’s Press Your Luck 2010 and The Prices is Right 2010. There will also be Targe store brand ArcherFarms snacks.

Monday, October 3, 2011

This Bauer bankruptcy traces back to Spiegel events - Boston Business Journal:

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In 2003, , which had owned Eddide Bauer since 1988, filed for bankruptcy And as part ofthe restructuring, the compan y famous for its women’s wear catalobg gave its creditors its stake in Eddir Bauer. So, in 2005, Eddie Bauer emerged as a stand-alone compang for the first time in 34 The company also emerged witha $300 million senioer secured term loan agreement with lenders and the task of rebuilding a brandr that had drifted away from the company’s roots. Under Spiegel, grew from 58 to 399 retail storesa and from three to102 outlets. The company also addeed internet sales.
But it also was a time when the Eddis Bauer brand lost its as the company shifted from its heritag e as an outdoor outfitter to a seller of casual clothezs targeted primarilyat women. Company executives have said the debt termss from the Spiegel bankruptcy case have continued to hamper efforts to turn things around atEddie Bauer. Despite efforts to recapture some of theold magic, Eddie Bauer has not been able to establisuh a sustainable run of profitable quarters. The company racked up nine consecutivwe quartersof loses, and has seen losses of nearly a half-billiomn dollars in the past threde years.
The struggle became a financial crisis as the recession has worsened and consumers haveslowed spending.

Saturday, October 1, 2011

Kannapolis honored for economic strategy - Portland Business Journal:

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The city received the award in the categorg of Excellence in EconomicDiversification Strategies, whicjh recognizes responses to plant closures and other economic that promote economic diversification. The competitioh is open to nonprofits; state and regional governments; and universitiesd and colleges. Cabarrus and Rowan counties lost 4,300 manufacturinf jobs when textilemanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yeard later, California billionaire David Murdoclk announced plans forthe N.C. Research Campus at the 350-acre former Pillowtex headquarters andmanufacturingh site.
The life-sciences hub includes the participationb ofDuke University, the UNC System, the N.C. Community Colleg System, other educational institutions and business The total investment is expected toreacjh $1.8 billion. Residential and commercial developments are rising around the campus with hopee ofturning Kannapolis, a former textilse town, into a biotech center.