New Invention Startup Idea at Inventionland
© G0SUB

Startup companies often require funding and from this, they will do just about anything to get it. Most companies will then advertise or plan a range of meetings in order to get angel investors involved in the process. This helps them receive the startup capital require to start their idea. With any good idea, you need a great team that can be able to produce the goods very quickly.

A unique company in Pittsburgh, Pennsylvania called Inventionland helps inventors to turn their great invention idea into a profitable reality. This company operates a huge factory that churns out over 200 new invention prototypes per month. They specialize in prototypes for affordable, everyday products and gadgets of the kind which can be sold on TV.

The highly innovative workspace in the Inventionland factory is something straight out of a comic book, yet this one of a kind factory is a success even amid a down economy. Each area of the factory is themed for a different type of invention, such as a pirate ship theme for those inventing toys and a robot theme for those working on electronics. In total, the warehouse offers 61,000 square feet of workspace that is divided into 16 creative departments.

Small Businesses Blind To IT
© Brooks Elliott

According to the latest research conducted by Intel, small businesses were found to be unaware of the latest technology trends which facilitate business owing to the poor financial conditions and lack of technical skills. In the survey of 3,000 IT decision makers of businesses with less than 250 employees, it was obtained that the small businesses are still using fax machines in the times of smartphones. The survey also revealed that companies still lack proper knowledge on data security regulations & technology and clear understanding on many technology advents such as Cloud Computing. The Intel Small Business Index further indicated that about a third of small businesses are not planning to invest in purchasing new laptops, tablets or smartphones up till next year. The research report also incorporates security measures for small businesses and methods of IT budget planning.


Small Business Saturday Initiative of D&B
© Images_of_Money

American Express's initiative called "Small Business Saturday" is one of the unique projects, which undertake various measures to uplift economic development of the small businesses and promote job opportunities for them. The national event is set to be held on November 26, 2011. More than 200 organizations so far have joined the initiative to encourage the consumers to shop locally from small businesses. Dun & Bradstreet Credibility Corp., a global giant in providing credit management solutions, has also become a part of this project. Being a part of this initiative, the D&B will be working towards increasing awareness amongst the businesses regarding the importance and methods of maintaining business credit in such a volatile economic condition. D&B will also leverage their expertise to assist small businesses in managing customers and increasing their brand visibility.


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