ECD's entrepreneurship video contest winner

The Tennessee Department of Economic and Community Development today announced Dyersburg-based Pennington Seed & Supply won its statewide entrepreneurship video competition. The company gets a $500 cash prize and a $2,000 professional marketing package. View the competition's videos here.
Jan 25, 2010 2:29 PM

State in cash grant to Nashville Entrepreneur Center

The Tennessee Technology Development Corp. yesterday voted to cut a $100,000 check the new Nashville Entrepreneur Center that launched last fall under the wings of the Tech Council and Nashville chamber.
Jan 22, 2010 7:50 AM

Belmont's Buzzy treats

Hot on the heels of the opening of Diana's on Lower Broad comes Buzzy's Candy Store, a sweet shop run by students in Belmont's entrepreneurship program. Promising "Wonka Wazoos, nostalgic Razzles, traditional gummi worms and gourmet chocolates in scoop able candy bins," the store's three managers have set up shop in one of the Belmont Boulevard spaces the university has allotted to student-run businesses.
Jan 19, 2010 8:18 AM

Where'd all the entrepreneurs go?

A new report shows that the number of business formations fell by a quarter last year in the U.S., more than double the average drop around the world. But those getting going are as upbeat as ever.
“What surprised me was that as much as one in four new entrepreneurs in wealthy countries believed that the global slowdown had created more opportunities for their business, not less. This is a significant and interesting group. They are more likely to be young, well-educated and expect to create a lot of jobs for others.”
Jan 14, 2010 7:34 AM

Nashville Entrepreneur Center names board

The Nashville Entrepreneur Center today announced the members of its board of directors. Veteran health care entrepreneur Clayton McWhorter of Clayton Associates will chair the organization, which is designed to provide resources to those looking to start a business. The list of 26 board members — which includes some very well known names — is available at this link. The NEC was formed by the Nashville Technology Council and Nashville Area Chamber of Commerce and launched in September 2009. According to today's news release, funding for the NEC's initial operating budget is nearly complete, and the board will begin screening potential executive director candidates later this month.
Jan 13, 2010 1:47 PM

Must ... be ... optimistic

In digesting the latest NFIB sentiment survey, Belmont's Jeff Cornwall stays true to his New Year's Resolution to take appropriate note of the positive economic data beginning to trickle out. But man, it's hard sometimes.
Jan 13, 2010 7:58 AM

Small biz owners are downcast

The traditional engine of job growth is sputtering in the winter cold. Only one in four small-business owners sees the economy improving while half say it's actually still getting worse.
Jan 7, 2010 12:39 PM

Chin up, small biz

Jeff Cornwall says it's easy to rant and rave, but actively acknowledging the good things happening these days will help us make it to the next boom in better spirits and better shape.
Jan 7, 2010 11:07 AM

Looking for red tape in the wrong place

Sure, community bankers wouldn't mind having to deal with fewer regulators. But it's a heck of lot more important to cut red tape for entrepreneurs and other businesses who are withholding investments that would fuel the job growth we need to bounce back. In the words of the NFIB:
Washington cannot expect small business owners, facing difficult economic circumstances anyway, to commit themselves to investing in new employees or equipment and vehicles without acknowledging and revealing the policy-inspired costs that will be imposed on them. It is all about uncertainty and confidence. Retrenching is not the same as abandoning goals, so retrench. Establishing priorities is not the same as abandoning goals, so establish priorities.
Dec 23, 2009 9:19 AM

Bank lending rebound is six months away

The Capital Spectator gives us a little more perspective on the drop in lending during this recession. Troubling? Yes. Logical? Also. On its way to surging back? Not yet. SEE ALSO: Jeff Cornwall on entrepreneurs' biggest problem during this downturn.
Dec 21, 2009 9:03 AM