MHTA News

Highlights of Revenue Recognition Guidance for Software and Technology Companies

Member Commentary – In May 2014, the Financial Accounting Standards Board issued ASU No. 2014-09 to more closely align the US GAAP methods of recording revenue with the international financial reporting standards. The full copy of the guidance is located on the FASB website at www.fasb.org. The effective date is January 1, 2017 for public reporting companies and January 1, 2018 for nonpublic companies under US GAAP. Nonpublic companies may choose early adoption of January 1, 2017.

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October 14, 2014 | No Comments ›

Maverick Software mentorships provide valuable IT experience to students

Within the next six years there will be one million more IT jobs then there are Computer Science students enrolled in college (code.org). Even with an unbelievable amount of available IT jobs for Computer Science majors, many students will not qualify for them because of their inexperience. Maverick Software Consulting works to increase the number of qualified and able students by enrolling them in their internship management service.

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October 14, 2014 | No Comments ›

28th Minnesota Venture & Finance Conference a success

The 28th Annual Minnesota Finance & Venture Conference on October 1st was a great success. This year’s conference brought together a strong line-up of Minnesota’s entrepreneurs, companies and successful CEOs, executives and investors.The energy throughout the day was vibrant and the company showcase area created ample opportunities for networking.

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October 7, 2014 | No Comments ›

Angel Tax Credit Program Expands Reach

The Minnesota Angel Tax Credit Program is reaching out to a broader audience. The popular state program that has attracted more than $260 million for high-tech startups in Minnesota since 2010 will focus much of its efforts in the next two years on helping businesses located in Greater Minnesota and those owned by women or members of minority groups.

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September 30, 2014 | No Comments ›

Involta, LLC Recognized on Inc. 5000 List of America’s Fastest Growing Companies

For the second year in a row, Involta, LLC – a national leader in colocation and IT services – has garnered a spot on the Inc. 5000 list of America’s Fastest Growing Companies. Involta’s three-year growth rate stands at 157%. The company recently announced a $50 million equity round with investors M/C Partners of Boston.

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September 30, 2014 | No Comments ›

Twitter

  • RT @Cologix4Colo: We're excited to host @MayorHodges, @MHTA and @Google at the @Cologix4Colo #ConnectMinnesota event. Free RSVP: http://t.c
  • #TekneAwards finalists @MDECOM & @theworksmuseum are working together to improve tech & the community in MN. Thanks for your dedication!
  • RT @Genesis10Corp: The excitement is building -- one month until the @MHTA #TekneAwards! http://t.co/kr9JgLfiZK
  • .@clockwork_tweet & @code_savvy are great examples of MN companies working together to better serve the community. Thank you! #TekneAwards
  • CommunityEd is a web-based solution for managing community education. Learn more! http://t.co/yCEAqkBVDN @aruxsoftware #tekneawards
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