OCEANSIDE, Calif.----International Stem Cell Corporation announced on December 30 that it had received the first $1 million tranche of an anticipated private equity financing of up to $5 million to be funded over the next several months.

CULBERTSON, Mont.----GreenShift Corporation today announced that it has received a grant award of $375,000 to further the development of GreenShift’s patented and patent-pending algae bioreactor.

LOS ANGELES----The California Association for Microenterprise Opportunity today announced that Merrill Lynch has made a capital investment of $1 Million in the Valley Economic Development Corporation to stimulate microbusiness expansion and job creation in the Los Angeles area, hard hit by foreclosures and dried up bank lending.

HOUSTON----American Spectrum Realty, Inc. , a real estate investment, management and leasing company, headquartered in Houston, Texas, announced today the private sale of $1.6 million of Series A Preferred Stock .

Short-term thinking and increasing risk aversion have stifled the tech center's spirit. But innovators still lurk there, if you look for them