In a bid to match Silicon Valley's success, the European Commission (EC) launched the Startup Europe Partnership tech startup accelerator and the European Digital Forum think tank at the World Economic Forum in Davos.
Industry
Sri Lanka's private equity industry interested in fast-growing small and mid-sized firms- report
According to a private equity official, the private equity industry in Sri Lanka is interested in backing small and mid-sized firms that have a winning business model and a plan for growth, the Lanka Business Online reported.
Despite drawbacks, Bitcoin and other crypto-currencies slowly but surely making their way to brick-and-mortar stores- report
Despite the limitations experienced by the Bitcoin and other crypto-currencies, HP security and payments expert Slava Gomzin sees the digital currencies making its way to more brick-and-mortar stores.
Trina Solar Chairman sees solar mergers accelerating in the next three years
Chairman Jifan Gao of Trina Solar Ltd said that there will be an acceleration in the rate of consolidations in the solar manufacturing industry in the next three years, Bloomberg reported.
India's fund managers get private equity industry veterans on board to manage portfolios and add value- report
India's private equity industry is growing and fund managers are getting seasoned industry veterans to help manage their portfolios and add more value to their investments, The Financial Express reported.
Latest News
Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
US Treasury Secretary Jack Lew and JPMorgan Chairman & Chief Executive Officer Jamie Dimon cautioned on the dangers of using the Bitcoin and predicted that regulation would most likely end it, the Financial Times reported.
The Argentine Republic’s government is imposing a restriction on online purchases, in a bid to reduce the amount of dollars leaving the country and help lift its economy.
Eric Schmidt, the Executive Chairman of search giant Google, has warned that technological advances could eliminate a wide variety of jobs, the Financial Times reported.
According to Preqin, the number of new private equity companies introduced globally last year was at its lowest level in over a decade and a half, The Wall Street Journal blog Private Equity Beat reported.
Middle market private equity firms that invest in small and middle-sized companies have a good reason to be bullish as growth is strong in the sector, CNBC reported.
Mercom Capital Group data revealed that venture capital funding for firms in the wind energy industry increased 44.4% to 455 million around the world last year, the Business Started reported.
US venture capital investment hardly moved last year but was already trending upwards as investments in the fourth quarter increased, The Wall Street Journal blog Venture Capital Dispatch reported.
Research from Mercom Capital Group showed that venture capital funding for companies in the smart grid technology sector was pegged at $405 million in 2013, a dip from the $434 million in 2012.
