Business Headlines: Newbury Comics Helps Start-Ups; Perfect College Essay

BOSTON (CBS) - Newbury Comics founder Mike Dreese is passing on his business savvy and some money to young entrepreneurs.

He and a business partner have started the Wicked Good Angels Fund.

It will make investments around $100,000.

So far, he's invested in three Boston-area startups.

Dreese dropped out of MIT, but is now in charge of 30 retail locations around New England.

THE PERFECT COLLEGE ESSAY

A new Cambridge-based startup called Acceptional has an idea to help students write that perfect college essay.

Here's how it works.

They have about 1,200 winning college essays on their site, most of which have gotten their authors into a top 25 school.

So students and parents pay $9.99 a month to search the database.

Every time an essay is viewed, the writer gets a direct deposit into a paypal account.

It's a lot cheaper than a college consultant to guide kids through their college essays.

Of course, Acceptional does require students to agree they will not plagiarize any part of these essays for their own use.

Watch Lisa's report:

Lisa van der Pool of the Boston Business Journal can be seen weekdays at 6 a.m. on WBZ-TV.