Raisin Farmer Fights Regs, Will Smith Invests in the Fancy, Egyptian Entrepreneurs: July 9

Illustration by André da Loba

Marvin Horne has been fighting a Truman-era federal program that lets the government requisition a portion of raisin farmers’ crops each year, reports David A. Fahrenthold (video). [Washington Post]

E-commerce startup the Fancy raised $53 million from American Express, the actor Will Smith, and other investors, reports Sarah Frier. [Bloomberg News]

Leslie Jump, a partner at Egyptian venture capital firm Sawari Ventures, discussed what’s next for the country’s entrepreneurs with Dan Primack. [Fortune]

Sheila Marikar writes about summer camps that help adults unplug from their busy lives. [New York Times]

Small business borrowing increased for the second straight month in May, according to Ann Saphir, citing research from Thomson Reuters. [Reuters]

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