| Startup Bank Predicts New Traditions In East Pasco
A new bank started with $20 million from local investors and business people will open its doors Dec. 10. Florida Traditions Bank expects to lend to small-business owners, farmers and ranchers, said Bud Stalnaker, president of the new venture. The bank also wants to cater to those customers' personal financial needs, including checking accounts, and auto and home-equity loans. Its target market is east Pasco County and Spring Hill. Stalnaker, a career banker, said some customers want a bank with locally based staff and executives. "They can walk in here and talk to the president," he said. "They can't do that in a lot of places, and we'll come to their businesses and open their accounts for them if they can't get here." Florida Traditions is opening in the former Wachovia bank at 14033 Eighth St.
Small business organizations form partnership
Two nonprofits aimed at helping small and minority-owned businesses succeed have formed an alliance to share services. The Cincinnati Business Incubator and the Greater Cincinnati Microenterprise Initiative said they have formalized their relationship with a memorandum of understanding. Under the agreement, CBI will offer GCMI clients a complimentary six-month affiliate client contract, and GCMI will provide CBI clients with customized business coaching and assistance in obtaining business loans. "When organizations like ours work together there is less duplication and we have more opportunity to market our services to a wider audience," said Wayne Hicks, president of CBI, in a news release. CBI, in Over-the-Rhine, is an incubator offering startup companies affordable office space, business services and other resources.
Business relishing the advantage of wireless Internet
Internet service providers that use wireless technology to bypass the phone companies' near-monopoly now appear to be gaining traction after a false start at the height of the Internet boom. The difference between then and now is WiMax, an emerging technology sometimes described as a cousin of the Wi-Fi standard used at home and coffee shop hot spots. WiMax, however, is capable of much greater range, in the tens of miles, and higher speeds. From the roof of a 27-story Manhattan building, Towerstream Corp. CEO Jeff Thompson can look out over a vast swath of the city, from lowrises in Greenwich Village to the skyscrapers of Midtown. The Towerstream antennas mounted on the roof have the same panoramic view, sending and receiving customers' data. "I call this our bowl of business," Thompson said.
Broadway Returns for Bargaining
Striking stagehands and theater producers will return to the bargaining table Sunday. The agreement comes one week after negotiations collapsed and kept most of Broadway dark during the lucrative Thanksgiving holiday week, the second full week of no performances. More than two dozen plays and musicals have been closed since November 10 when the stagehands walked off the job. The contract dispute surrounds how many stagehands are required to open a Broadway show and keep it running. cc/cdo Broadway
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Ethanol workshop set for Nov. 19 in Sidney
NASHUA, Mont. n All who are interested in biofuels, economic development and a clean environment are reminded that the Ethanol Workshop will be held next week in Sidney, Mont.The educational and training workshop, set for 8 a.m. on Monday, Nov. 19, at the Elks Lodge in Sidney, will promote and educate the public about the production and use of ethanol. The workshop will include presentations from nationally recognized speakers, such as Dr. Kevin Hicks, research leader for the U.S. Department of Agriculture's Agricultural Research Service's Eastern Regional Research Center in Wyndmoore, Penn. Hicks has worked for a number of years to develop ethanol and other valuable products from small grains, including barley and wheat. He will address new technical breakthroughs for fuel ethanol production from hulled and hull-less barley.
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