Venture Capital Funding Soars

A Dallas area mother of two is finding great success in the lingerie market for curvy women. Psychelia Terry launched “Urban Intimates” in 2009. Today her bras, underwear and sexy baby doll lingerie are sold at Macy’s and J.C. Penney. A big break for Terry was when she was accepted into the competitive Macy’s workshop program, which selects up-and-coming minority- and women-owned businesses that could be potential vendors for the store. Today her products are now carried in 10 Macy’s stores throughout the Southwest.

There’s some good news for entrepreneurs who are trying to raise money for their companies. According to the latest Moneytree report, venture capitalists invested $9.5 billion in 951 U.S. companies during the first three months of 2014. That’s the biggest figure since the second quarter of 2001, when the dot-com boom was in its final waning days. The amount of venture capital is up 57% compared with the same quarter a year ago. For more on these stories and much more simply head to our website www.workingwomanreport.com

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