Iowa innovations - News

Renaissance unveils new IPO index - Stamford Advocate Stamford Advocate, CT - Apr 15, 2009 Renaissance unveils new IPO indexManeesh Sagar, managing director for investments at Connecticut Innovations, said the historic path start-up companies follow in Connecticut generally doesn't lead to Wall Street. He added the trend right now is leading away from the IPO market.

Iowa City, Cedar Rapids groups join for Corridor Earth Project - Gazette Online Gazette Online, IA - Apr 12, 2009 Iowa City, Cedar Rapids groups join for Corridor Earth ProjectThe Cedar Valley Habitat ReStore in Hiawatha is bringing together 30 businesses in an expo to showcase "green" innovations from 10 am to 2 pm Saturday, April 18. In Iowa City, the Habitat ReStore, Iowa City Landfill & Recycling Center and other groups

Iowa Supreme Court Strikes Down Gay Marriage Ban - NewsBlaze NewsBlaze, CA - Apr 03, 2009 Iowa Supreme Court Strikes Down Gay Marriage BanIowa conjures up images of corn-fed milk drinking families enjoying picnics, going to church, and watching Fox News in their living rooms. Americans look to California, New York and Florida for new cultural trends and innovations.

Visa program for skilled workers under attack - Los Angeles Times Los Angeles Times, CA - Apr 01, 2009 RediffVisa program for skilled workers under attackBut employers argue that skilled foreign workers complement rather than replace Americans, that they help create additional jobs and they produce innovations that benefit the US economy. At Microsoft Corp., for example, 35% of the patent applications Visas for skilled foreign workers criticized

NMTC Program Named One of Top 50 - NewsBlaze NewsBlaze, CA - Mar 31, 2009 NMTC Program Named One of Top 50The US Department of the Treasury's New Markets Tax Credit (NMTC) Program has been named today as one of the Top 50 Government Innovations that will advance to the final stages of competition for the prestigious 2009 Innovations in American Government

Renaissance unveils new IPO index - Stamford Advocate

15.04.09

Greenwich-based Renaissance Capital has partnered with FTSE Group, which is the Financial Times' and London Stock Exchange's index operation, to create an IPO index as the market for initial public offerings appears to be thawing after a deep freeze.

Kathleen Smith, chairwoman of Renaissance Capital, said the IPO market, in which private companies offer shares to the public, was effectively shut down for the last six months of last year. There have been only four IPOs filed during the first quarter of this year, compared with 73 in the same period of 2008.

Only two IPOs have been priced so far this year, compared with 43 during the same period last year. And the comparisons grow further apart when numbers for 2007 are brought into the equation. For the first three months of this year, only one IPO was priced while 59 were priced in the same period in 2007.

It's not that the past several years have exhausted the number of companies ready to take the step into the public arena, Smith said.

Source: Stamford Advocate, CT