You Are Here: Home » 2010 (Page 34)

Bluegrass Region Attracts $47.5 Million in Venture Funds

Entrepreneurial companies in the Bluegrass Region attracted $47.5 million in venture funding, including angel and venture capital investments, in 2009, according to the annual survey by the Lexington Venture Club. The 88 Central Kentucky early-stage companies that participated in the survey reported 386 people hired and 804 people employed with an average full-time salary of $69,900. “This is another sign t ...

Read more

Where The Grass is Getting Greener

State approval of the use of marijuana for reducing nausea in chemotherapy patients and other medical applications is spreading like, well, marijuana. Fourteen states now have approved the possession of up to six ounces of pot for medical purposes, the latest being New Jersey, which passed a medical marijuana bill early last month that was signed into law by outgoing Gov. Jon Corzine. Numerous other states ...

Read more

OK Governor Urges Funding for EDGE

Gov. Brad Henry is asking state lawmakers to develop a permanent funding source for a planned $1 billion endowment to help fund research projects in Oklahoma. Henry last week urged the Legislature to dedicate a revenue stream for the Economic Development Generating Excellence, or EDGE, fund. The Legislature voted to create the endowment in 2004, but only $150 million has been deposited so far. Interest from ...

Read more

Georgia Corporate Moves

Orcon Products Expands to Coffee County The Georgia Department of Economic Development (GDEcD) has announced that Orcon Products, based in Union City, CA, is expanding to Douglas, GA in Coffee County. With this expansion, Orcon plans to create at least 50 direct jobs within the plant’s first 12 months of operation. “Manufacturing companies like Orcon Products represent a vital part of Georgia’s diverse econ ...

Read more

© 2014 Business Facilities Magazine | Group C Media | Privacy Policy | Terms Of Use