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February 19, 2013   |   Vol. 5, Issue 8
 
FEATURE
Illinois Corporate Tax Credits Swell to $161M in 2011; Guess Who Pays
February 16, 2013 | Chicago Tribune
When lawmakers raised taxes on Illinois residents and businesses, they also increased corporate income tax breaks for a select group of companies. In 2011, businesses were eligible to claim about $161 million in tax credits — double the prior year. The boost marked the largest increase in the Economic Development for a Growing Economy tax credit program, the state's main economic development program, since its creation in 1999.
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Related:
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Tax Incentives Questioned — Except When Lawmakers Want More

Enterprise Florida Tries to Fight Off Incentive Critics


Texas vs California: Who's Messing with Whose Jobs?
February 13, 2013 | Los Angeles Times
It's easy to ridicule Texas' attempt to steal jobs. But California would do well to upgrade its own strategy, especially concerning small manufacturers, tax incentives and industrial exports. The governors have been holding a little tet-a-tet over recent raiding of each others' businesses
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Major Universities Seeing Surge of Interest in Free Online Classes
February 14, 2013 | Pittsburgh Post Gazette
In a makeshift production studio at the University of Pittsburgh, adjunct professor Larry Foulke is speaking passionately into a camera, preparing his online course, "A Look at Nuclear Science and Technology," for the masses. So animated is his delivery in front of a video crew recording his lecture, it's as if he is speaking face-to-face to his class.
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In Kansas, A 'Glide Path' To No Income Taxes. Will It Work?
February 15, 2013 | NPR
Kansas Gov. Sam Brownback has put the state on what he calls a "glide path to zero" income tax. But that glide path is far from being clear or smooth. "I think the road is open," Brownback says. "I think we do provide an alternative model. I think we do provide a red-state model."
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Related:
Brownback’s Assertions on State Spending Questioned


Google Grows into a Venture Capital Power
February 14, 2013 | New York Post
Google is close to becoming the top dog in yet another business sector: venture capital. The search giant’s 4-year-old financing arm, Google Ventures, has quietly become the country’s No. 3 most active venture-capital firm, according to a recent report. Google Ventures, which has $300 million a year to invest, participated in 71 funding rounds in 2012, according to data from CB Insights.
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Fund Would Help Wisconsin's Emerging Companies

10 Boulder Startups to Be Excited About

Xoom, a Startup with PayPal Pedigree, Soars in Silicon Valley's First IPO of the Year

How the IPO Decline Hurts Startup Acquisitions

So God Made a Venture Capitalist

Million Cups from Kauffman Labs to Connect Entrepreneurs with Coffee, Conversation

Retiring Baby Boomers See Opportunities, Find Support as 'Encore Entrepreneurs'

Ecomom and the Stresses of Entrepreneurship

Fiscal Trouble Ahead for Most Future Retirees

Oregon Approves $20 Million Tax Credit for SoloPower

Five Reasons the Government Fails at Venture Capital

Colorado Clean-tech Firms Revamp their Focus after Federal Money Dries up

Pittsburgh’s Time of Transition

Governor Walker to Seek $25M for Wisconsin Venture Capital Investment

Tech's New Entrepreneurial Approach to Philanthropy

Silicon Valley and Immigrant Groups Find Common Cause

Samsung Embarks on Aggressive Expansion in Silicon Valley

Immigration-reform Critics Fear Citizenship Pathway Will Spark Rush to Cross Border

Natural Gas Glut Leads to Tough Times for Power Generators

Farmer's Fight With Monsanto Reaches The Supreme Court

Senate Judiciary Hearing Highlights Call for High-skilled Immigration Reform

Crowdfunding University Research and Tech Commercialization: 6 Sites that Are Doing it

Lessons from the Frontlines of Early-stage Biotech Investing

Snake Eyes! Ohio Casinos Take a Hit

Chamber Paints Frightening Vision of Florida

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