SBA powers up Illinois Smart Grid Cluster

More reliable electricity, better energy efficiency and new jobs could be coming to the Chicago area, thanks to a collaborative effort to develop a Smart Grid Regional Innovation Cluster that has received new funding from the U.S. Small Business Administration. With a $600,000 contract from the SBA announced Sept. 20, the Illinois Smart Grid Cluster [...]

Written on September 20, 2010 | Posted in Technology | 1 comment

Obama Signs Act Aiding Small Businesses

After months of political struggle, President Barack Obama has signed into law the Small Business Jobs Act, designed to provide financial relief to small businesses and self-employed workers with hopes of stimulating job creation. The U.S. House approved the measured 237-187 on Sept. 23 after the U.S. Senate had voted 61-38 the week before to pass the act.  [...]

Written on September 16, 2010 | Posted in Economy | 1 comment

In a tough job market, students launch startups

Law school might not fetch an immediate job in a law firm these days, but for IIT-Kent College of Law student Richard Komaiko, it has yielded a technology business. Komaiko and his three business partners recognized the soft legal market was hurting not only recent law school graduates who can’t find jobs, but also solo [...]

Written on September 12, 2010 | Posted in Economy,Innovation,Technology | 7 comments