NewsFeed 7.23.09

Incubator hatches new businesses (Virginia Gazette)
Despite the recession, the James City Technology Incubator is cooking. Flagging just a year ago, the 3-year-old incubator has gained momentum lately by graduating two companies and adding four new ones.

PVCC: Layoffs possible. College, UVa await state forecast (Daily Progress)
State budget cuts may lead to layoffs at Piedmont Virginia Community College, officials said Wednesday. State agencies — including PVCC and the University of Virginia — had been directed by Gov. Timothy M. Kaine to submit plans by Wednesday that would slash their state general fund allocation by 5 percent, 10 percent and 15 percent.

In Economic Recovery, Not So Fast on the New Jobs (Washington Post)
The recession is expected to end sometime this year, but it could take far longer before millions of unemployed Americans notice.

Regional Banks’ Profits Are Hurt by Loan Losses (NY Times)
Some of the biggest names in American banking are finally on the mend. But across the nation, many small and midsize lenders are still struggling — and bracing for even more bad news.

Should You Be the Face of Your Business? (Entrepreneur)
There are plenty of ways to be your own best spokesperson–and a few reasons not to.

Five Alternative Sources of Funding (WSJ)
Here are five small-business funding alternatives to consider:

Incubator hatches new businesses (Virginia Gazette)
Despite the recession, the James City Technology Incubator is cooking. Flagging just a year ago, the 3-year-old incubator has gained momentum lately by graduating two companies and adding four new ones.

PVCC: Layoffs possible. College, UVa await state forecast (Daily Progress)
State budget cuts may lead to layoffs at Piedmont Virginia Community College, officials said Wednesday. State agencies — including PVCC and the University of Virginia — had been directed by Gov. Timothy M. Kaine to submit plans by Wednesday that would slash their state general fund allocation by 5 percent, 10 percent and 15 percent.

In Economic Recovery, Not So Fast on the New Jobs (Washington Post)
The recession is expected to end sometime this year, but it could take far longer before millions of unemployed Americans notice.

Regional Banks’ Profits Are Hurt by Loan Losses (NY Times)
Some of the biggest names in American banking are finally on the mend. But across the nation, many small and midsize lenders are still struggling — and bracing for even more bad news.

Should You Be the Face of Your Business? (Entrepreneur)
There are plenty of ways to be your own best spokesperson–and a few reasons not to.

Five Alternative Sources of Funding (WSJ)
Here are five small-business funding alternatives to consider:

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