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An entrepreneurial bright spot in Greece's dark economy

Tourists walk around the temple of the Parthenon at the archaeological site of the Acropolis hill in Athens June 16, 2011.

Yiorgos Karahalis/Reuters/Yiorgos Karahalis/Reuters

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As the outlook for Greece's economy continues to remain dark, some entrepreneurs are trying to inject rays of sunshine by creating co-working spaces for startups, reports this piece in The New York Times.

These entrepreneurs pushing back against the country's financial crisis are taking advantage of depressed real estate prices to buy up properties and open spaces where entrepreneurs can find "fellowship, mentors, and maybe even access to capital," the piece reports.

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"Entrepreneurship is the way out of this. There is no other way. Greece has been an insular economy for too long," the article quotes Stavros Messinis, a co-founder of one of the co-working spaces called coLab. It launched 18 months ago in Athens, now operates a 4,300-square-foot space that has become home to 16 startups, and hopes to soon open two more locations, the article reports.

Interestingly, some companies are operating in Greece, but have formally incorporated in other places to avoid the "Hellenic headaches" of trying to create businesses in the beleaguered country, the article reports.

Hole in one for Canadian firm chosen to power Tiger Woods' fundraising campaign

Vancouver-based FundRazr has scored a hole in one by being chosen by The Tiger Woods Foundation to power a new fundraising campaign on Facebook, acording to this TechVibes report.

The campaign to help underserved students go to school will take place on the golfer's personal Facebook page using the FundRazr app, according to the report.

FundRazer is the flagship app of ConnectionPoint Systems Inc., designed to help with fee and donation collections in fundraising campaigns, using the power of social networks, according to its site.

Reading inspiration for entrepreneurs

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Looking for some reading inspiration? On, Carol Tice recommends seven business books both useful and inspirational for entrepreneurs.


Small Business Summit Calgary

Circle April 25 on your calendar for the next Small Business Summit in Calgary. The one-day event for entrepreneurs, presented by The Globe and Mail's Report on Small Business in conjunction with Achilles Media, will offer presentations, networking and other opportunities to help grow your business. For more information, click here.

$100,000 Small Business Challenge

Explain the biggest challenge your business is facing -- and you might find yourself $100,000 richer to help overcome it. Telus and The Globe and Mail are holding The Challenge, the second annual contest that will see one Canadian small-business owner win just such a grant from Telus. For more information on the contest, details and submission, click here.

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Entrepreneurs jump on co-working bandwagon

More startups are making a business of catering to the rising number of self-employed, telecommuters and others who are drawn to shared office space .


Ten things to consider before becoming an entrepreneur

Are you ready to become an entrepreneur? Last April, we offered 10 steps to consider before joining the ranks of the self-employed, adapted from Carol Roth's book The Entrepreneur Equation.

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