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 Buffalo Business First

Venture group to host Buffalo forum

May 5, 2014
David Bertola

Upstate Venture Association of New York is hosting a May 6 panel discussion in Buffalo that explores successful exits by local entrepreneurs.

The umbrella organization works with New York investors and companies, and rotates its monthly meetings. Recent ones were held in Ithaca and Rochester.

Executive director Sam Ticknor said the meetings provide opportunities for fund managers, entrepreneurs and others to network and learn. Last month’s meeting, he said, attracted over 400 and featured Chobani yogurt founder and CEO Hamdi Ulukaya and students from nine colleges pitched ideas to a panel of investors.

The May 6 event is scheduled to have a discussion that covers initial public offerings, strategic sales and venture capital to fuel growth. Panelists include company co-founders George Chamoun of Synacor Inc., Eric Reich of Campus Labs and Ashok Subramanian of Liazon Corp.

Read More Here.


 New Haven Register

Community Foundation for Greater New Haven’s “Great Give” begins Tuesday

May 5, 2014

NEW HAVEN >> The Community Foundation for Greater New Haven’s The Great Give® 2014 community-wide, 36-hour online giving campaign begins as 8 a.m. Tuesday.

The campaign, which raises money for local nonprofits that serve Greater New Haven, takes place this year “in conjunction with Give Local America’s national day of giving to celebrate the centennial of community foundations and their work to promote local philanthropy,” according to release.

For the 36 hours from 8 a.m. Tuesday to 8 p.m. Wednesday, donors “who give through The Great Give® 2014 will help local nonprofits win thousands of dollars in grant prizes for raising the most money, attracting the most number of donors, new donors and more,” the release said. “Gifts will be matched on a pro-rated basis with additional funds by The Community Foundation for Greater New Haven and Valley Community Foundation.”

Read More Here.


 Money news

New Hampshire Ranks No. 1 for Financial Literacy

April 25, 2014
By Dan Weil

New Hampshire tops the list for financial literacy among states, according to a survey from WalletHub, a personal finance web site.

It measured financial literacy using 10 different metrics, five related to knowledge and education, and five related to planning and daily habits.

New Hampshire was followed by Utah, Virginia, New Jersey and Minnesota. The bottom of the list was headed up by Mississippi. It was followed by Arkansas, Nevada, Louisiana and New Mexico.

New Hampshire placed first for lowest high-school dropout rate (1.2 percent), Arizona took first for most people with a rainy day fund (53 percent) and New Hampshire ranked first for least unbanked households (1.9 percent).

Maryland placed first for most sustainable spending habits and New Jersey took first for lowest non-bank borrowing rate (16 percent).

Read More Here.


 Investor Central

10 Sobering Findings About America’s Financial Literacy

April 24, 2014

April is Financial Literacy Month, a time to highlight the importance of financial literacy and encourage Americans to learn and establish healthy financial habits. This month, many corporations, government agencies and financial institutions will promote resources and launch educational initiatives aimed at improving Americans’ financial health—- and many people could use the help.

Understanding finance is more important than ever. Over the past five to six years Americans have lived through the worst financial crisis since the Great Depression, experienced the worst chronic unemployment in six decades, and collectively lost $16 trillion in household wealth. These realities have only emphasized why learning about personal finance is a necessity.

A recent study by the education technology company EverFi and sponsored by Higher One found that students who were taught financial literacy education in high school scored significantly higher than their peers on financial knowledge questions and are more responsible when it comes to money.

Read More Here.


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