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Record #:
3839
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Abstract:
A number of promising businesses fail to attract investors partly because of the low number of venture capital firms and the value of the funds. In 1997, the state ranked 16th nationally, with $202 million in venture capital invested. California was first with $4.9 billion. The state's largest sixteen funds are listed.
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Record #:
32339
Author(s):
Abstract:
In 1972, Colon Byrd, Jr., and Andrew Turik formed their own small business, Precision Cutting and Winding, Inc., to convert synthetic textile fibers products into usable fibers. Located in Kinston, their business has developed into a profitable company that is providing employment opportunities for many Lenoir County residents. This article discusses how Byrd and Turik developed the company and some of the financial challenges they faced.
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