The newly formed Torrent Government Contracting Services LLC plans to bid on federal and state government contracts with business partners that include Wells Fargo and Co., Connective Technologies Inc. and ChoicePoint.
With the national economy in a deep recession and the Obama administration putting billions of dollars into recovery and bailout programs, venture capital firms are simultaneously cautious about new investments and guardedly optimistic about the future.
The National Telecommunications and Information Administration will begin a planned series of meetings to discuss the broadband grant programs funded by the economic stimulus law.