NYC’s Entrepreneurship Plan Met With Skepticism – WSJ

• http://blogs.wsj.com/venturecapital/2009/02/22/nycs-entrepreneurship-plan-met-with-skepticism/

Mayor Michael Bloomberg announced that the location will house the first city-sponsored “business incubator” for start-up companies. It’s part of a $45 million broader proposal to help the financial services industry recover from the economic downturn. In part, the city hopes these initiatives will encourage laid-off workers on Wall Street to start-up or join new businesses.

• http://blogs.wsj.com/venturecapital/2009/02/22/nycs-entrepreneurship-plan-met-with-skepticism/