Business Funding

Japan to offer low-interest loans for LNG supply – Nikkei

TOKYO, Sept 29 (Reuters) – The Japanese government will provide support through state-owned financial institutions to help utilities secure liquefied natural gas (LNG) amid soaring prices, the daily reported on Thursday. economic Nikkei. The state-owned Japan Bank for International Cooperation (JBIC) will provide low-interest loans to electric utilities and town gas companies to buy the super chilled fuel in the ...

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Founders First Grants Now Available for Veteran-Owned Small Businesses

Applications are now open for veteran-owned small businesses to apply for grants from the Stephen L. Tadlock Fund through Founders First CDC, a national 501(c)(3) nonprofit organization that enables the expansion of various generative businesses of revenue led by founders. To be eligible, the company founder must be a U.S. military veteran, have an active U.S.-based business, and have between ...

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North Carolina’s Triad and Northwest counties receive $7.4 million in state water and land grants

A total of 23 land, water and recreational projects in the Triad and Northwestern North Carolina received a state grant, the governor’s office announced Friday. Ashe County was the largest recipient with seven grants worth a combined $1.1 million, the largest being $234,675 to Blue Ridge Conservancy for the Tract East Expansion Project at Three Top Mountain Game Land. Watauga ...

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Use Life Insurance to Protect IRA Funds | Company

Life insurance is not only the biggest benefit of the tax code, but it’s also the most cost-effective way to protect a large IRA,” said Ed Slott, CPA. The SECURE Act makes life insurance a much better estate planning vehicle than an IRA. By tapping into IRA funds at today’s low tax rates and investing in life insurance, you will ...

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The IRS should use massive funding to solve many existing problems

WASHINGTON — Sen. Chuck Grassley (R-Iowa) joined his colleagues on the Republican Senate Finance Committee, led by Ranking Member Mike Crapo (R-Idaho), on a letter to the Commissioner of the Internal Revenue Service (IRS ) Charles Rettig asking for detailed plans on how the agency will spend the massive $80 billion infusion of mandatory funding it was recently given under ...

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CCEDC Unveils Details of $20 Million Fund for Eastern Pennsylvania Small Businesses

Image via Chester County Economic Development Board. A week after Pennsylvania Governor Tom Wolf announced $268 million in US bailout funding to help small businesses, the Chester County Economic Development Council (CCEDC) worked to detail how these funds will benefit small businesses in eight eastern Pennsylvania counties. Nearly $20 million of this funding is for the new Eastern Pennsylvania Regional ...

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Anti-Inflation Fund Analysts to Protect Your Money as Prices Remain High

As inflation remains stubbornly high and volatility in US stocks and bonds persists, a strategist has shared his best ways for investors to protect their income. This comes after consumer prices in the United States rose again in August, with the annual consumer price index remaining above 8% for six consecutive months. Mark Jolley, global strategist at CCB International Securities, ...

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Flooded in August? Now is the time to apply for SBA disaster loans – NBC 5 Dallas-Fort Worth

The United States Small Business Administration issued a disaster declaration for Dallas and surrounding counties following severe storms and flooding in August. Governor Greg Abbott signed a disaster declaration for 23 counties after near-record flooding. Now businesses in North Texas affected by the August 22-25 storms can apply for low-interest loans to help with the recovery. For businesses and nonprofits, ...

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United Way of Metropolitan Dallas launches fundraiser with $3 million in hand

The United Way of Metropolitan Dallas’ annual fundraiser is underway with a three-year goal to raise $120 million from businesses and their employees to benefit community programs. This year’s campaign received an instant boost from three prominent business leaders at a launch event on Thursday. Curtis Farmer, CEO of Comerica Inc., Steven Williams, CEO of PepsiCo Foods North America, and ...

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Amazon launches Small Business Month grant program

Amazon Business is launch a new grant program as part of its first Small Business Month event in September. The Small Business Grant Program will provide over $250,000 in grants to a small number of growing businesses. To be eligible, businesses must be existing Amazon Business customers and have annual revenues of $1 million or less. About Amazon’s Small Business ...

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(OFFICIAL) Energy Impact Partners obtains support from ADIA and Microsoft for the first European fund

Join now for FREE unlimited access to Reuters.com Register Microsoft makes first investment in climate tech fund Abu Dhabi’s sovereign wealth fund also invests Search for companies driving the energy transition LONDON, Sept 13 (Reuters) – Energy Impact Partners (EIP), a climate-focused venture capital firm, has launched its first European fund, raising 390 million euros ($392.03 million) from investors, including ...

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Boutique Marketing Agency Maclyn Launches Lightbox Grant

NAPERVILLE – Maclyn, a full-service marketing agency serving national brands like Dunkin’, is proud to announce that its first Lightbox grant is now accepting applications. An initiative designed to give back to the communities they serve, the grant will provide one lucky business with a fully customized suite of marketing services – worth up to $75,000 – for free. “I ...

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Odessa College student makes his mark in Midland with bakery company K-Ross Delights

Katherine Ross, a cooking student at Odessa College, capitalized on her love for baking and secured funding for her education by starting K-Ross Delights, a baked goods company. She cooks and operates out of Half Acre, a Midland restaurant owned by Midland Meat Co., which featured some of her products in their store. She mainly sells candied pecans as well ...

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UniCredit offers $8 billion relief package for Italian customers hit by price spike

The headquarters of UniCredit in downtown Milan, Italy, February 4, 2016. Picture taken February 4, 2016. REUTERS/Stefano Rellandini Join now for FREE unlimited access to Reuters.com Register UniCredit CEO reassures on the quality of the loan portfolio Intesa is also extending its existing aid measures New loans, debt holidays offered MILAN, Sept 5 (Reuters) – Italy’s second-largest bank, UniCredit (CRDI.MI), ...

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Bank of America launches grants to support underserved businesses in select cities

Home loans can dramatically improve opportunities for entrepreneurs. But they have not always been accessible to everyone. Those with poor credit, those in underserved communities, and those struggling to find down payment funds often face additional hurdles in starting a business. That’s exactly why Bank of America is launching a new program for small businesses looking for new retail space. ...

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King of working capital when financing business needs

Working capital, at a high level, represents a company’s ability to meet its short-term obligations – bills to pay, cash on hand needed to maintain the pace of operations. From an accounting perspective, the main drivers of working capital are receivables, inventories and payables, which result in current assets less current liabilities. The propagation? Well, it’s the available financing that ...

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Aero Technologies Secures Multi-Million Series B Funding

Aero, a semi-private ticket agent, announced a capital increase of US$65 million; US$50m in Series B financing and US$15m in convertible notes, for a total post-money valuation of US$300m. Operating in the United States and Europe, the Series B funding will be used to drive the company’s global market expansion to meet increased demand on existing routes. Aero currently offers ...

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Reimbursement available for organic certification costs

Vermont Agency for Agriculture, Food and Markets If you paid a fee to receive USDA organic certification between October 1, 2021 and September 30, 2022, the Vermont Agency of Agriculture, Food & Markets has funding to reimburse you. With financial assistance from the United States Department of Agriculture, newly certified or recertified certified organic growers and handlers are eligible for ...

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Grants of up to $25,000 available to Core Four students for business start-up expenses

David Daly, director of the Maui Economic Opportunity Business Development Center, teaches a Core Four business planning course in Wailuku in July. Photo courtesy: MEO Maui Economic Opportunity’s Core Four Business Planning Series will run from September 6 through October 6, with graduates eligible to receive up to $25,000 in grants for business start-up expenses. MEO’s Business Development Center offers ...

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Small private colleges deserve more federal funding

Tuition anxiety plagues many American families, but Chicagoans of color may find it especially difficult to afford higher education. Six in 10 Chicago residents of color (59%, compared to just 41% of white residents) think economic inequality is worse in Chicago compared to other U.S. cities, making an already costly opportunity for advancement – a post-secondary education – feels even ...

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How to quickly create an emergency fund with $70,000 a year

An emergency savings fund is 3-6 months of living expenses kept in a savings account. Sunem and Israel Tovar built up emergency savings while each earning less than $70,000 a year. Here are 3 simple steps they used to build their emergency savings fund, starting with $1. Loading Something is loading. Earlier this year, CNBC reported that 56% of Americans ...

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China plans $29 billion in special loans to struggling developers: report

China will offer 200 billion yuan ($29.3 billion) in special loans to ensure stalled housing projects are delivered to buyers, people familiar with the matter said, increasing financial support for its beleaguered property sector. The previously undeclared size of the loan program, which was announced with scant detail by China’s Ministry of Housing, Ministry of Finance ...

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The case for more IRS funding

Although the Inflation Reduction Act is hugely popular, some politicians and pundits are trying to generate hysteria over one thing: IRS funding. All of the misrepresentation distracts us from two important things: how much increased funding is needed to reverse the long-standing underfunding of this essential government agency, and how this funding will directly help average Americans get jobs. money ...

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Auglaize County Business Receives Grant

AUGLAIZE COUNTY – The third round of the Ohio Meat Processing Grant will benefit KTF Protein Solutions in Auglaize County. Stuart Kuck of KTF Protein Solutions said the grant will be used to purchase a packaging machine that will help get turkey products to customers faster. The grants are administered by the Ohio Department of Development in conjunction with the ...

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20220816 Florida Division of Emergency Management Announces U.S. Small Business Administration Disaster Loans Available for Small Businesses Affected by Tropicana Flea Market Fire

08/16/2022 Florida Division of Emergency Management Announces U.S. Small Business Administration Disaster Loans Available for Small Businesses Affected by Tropicana Flea Market Fire TALLAHASSEE, Florida – Today, the Florida Division of Emergency Management (FDEM) announced that the United States Small Business Administration (SBA) has granted the state an application for a disaster declaration, which makes available to businesses affected by ...

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Monod Bio Closes $25M Seed Funding to Advance Biosensor Technology Platform

SEATTLE–(BUSINESS WIRE)–Organic Monod, a life sciences company developing custom diagnostic biosensors that emit light to detect specific biomolecules of interest, announced today that it has raised $25 million in seed funding. The round was led by Matrix Capital, with participation from Global Health Investment Corporation, Cercano Management, The Washington Research Foundation, Boom Capital Ventures, Sahsen Ventures and Pack Ventures. Monod ...

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SAS secures $700m funding to help with restructuring

Aug 13 (Reuters) – Scandinavian airline SAS (SAS.ST) said on Saturday it had reached an agreement with Apollo Global Management (APO.N) to raise $700 million in fresh funding it needs to cope with the bankruptcy. The airline filed for bankruptcy protection in the United States in early July to help reduce its debt after wage negotiations between the airline and ...

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Yellen tells IRS not to increase middle class audits if it gets more funding

U.S. Treasury Secretary Janet Yellen holds a news conference in the U.S. Treasury Department’s Treasury Room in Washington, July 28, 2022. REUTERS/Jonathan Ernst Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 10 (Reuters) – U.S. Treasury Secretary Janet Yellen told the Internal Revenue Service on Wednesday that if the Inflation Reduction Act becomes law, additional IRS resources ...

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Hedge funds deserve to be beaten by private equity

Comment this story Comment When the tide of cash recedes, investors from sovereign wealth to billionaire family offices become even more impatient with hedge funds. They find out that a lot of these expensive fund managers don’t really hedge, and the pivot to private equity was the right move after all. Hedge funds are on course for the second-worst performing ...

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EirSystems Announces Closing of Seed Funding Round to Advance Prescription Abuse Prevention Software

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–EirSystems, an emerging leader in developing software to safely and efficiently prescribe and dispense prescriptions, recently closed a seed funding round led by Solas BioVentures. Other investors included several Chain Reaction Boston investors led by Ken Mooney. With this funding, EirSystems will continue to build partnerships and grow its market share in the electronic prescription market. “EirSystems’ innovation ...

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Governor Lujan Grisham announces new grant for businesses affected by wildfires

ALBUQUERQUE, NM – Governor Michelle Lujan Grisham and other heads of state visited Las Vegas on Saturday morning. Their goal: a new program of temporary grants for local businesses affected by the devastating fires. “I have never seen a governor visit Las Vegas as much as Governor Michelle Lujan Grisham. People say well, she’s here because of the fire and ...

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West Side businesses receive nearly $8 million in city development grants

About two dozen West Side small businesses were recently named Chicago Community Development Grant recipients. The 19 businesses in Austin, North Lawndale, East Garfield Park, West Garfield Park and Humboldt Park received a total of $7.8 million in grants. The businesses ranged from restaurants to a media studio. The West Side’s biggest awards went to Yellow Banana, a black-owned business ...

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Pandemic issues continue to plague small businesses, but grants ease pressure

There’s no place like Bay County to do business. That’s the message Bay County business owners sent to Bay County Commissioners and Bay Future Inc. officials this week. Megan Manning, who manages investor relations for Future of the Bayinvited Bay County Commissioners to visit area businesses that were part of the Bay County Small Business Grant Program. The Small Business ...

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Hedge fund fell 84% on leveraged tech bets: WSJ

Marcho Partners lost around 84% in the first half of 2022, according to a Wall Street Journal report. The large losses stem from the company’s leveraged bets on tech names such as Shopify, Spotify and Cazoo. The losses far exceed the 20% drop in the S&P 500 over the same period. Loading Something is loading. Tech-heavy hedge fund Marcho Partners ...

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Gatenox Announces $2.5M Seed Funding Led by C3 VC Fund to Challenge Existing AML/Sanctions Solutions for Enterprise Clients

LONDON–(BUSINESS WIRE)–Gatenoxthe UK provider of verified credentials for corporate customers, has raised a seven-figure amount from C3 venture capital funds, a Frankfurt, Germany-based venture capital firm that invests in outstanding technology companies around the world. Additional funding was provided by A100x Ventures and several prominent angel investors, including Matthew Niemerg and Antoni Zolciak, co-founders of Aleph Zero. Gatenox is the ...

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Banesco USA in Miami receives $250 million from the Treasury for small business loans

Banesco USA will provide low-interest business loans to Miami-area businesses, primarily minority businesses, with $250 million from the US Treasury. Photo from the AP file. LM Otero PA Banesco USA, a Miami bank focused on commercial lending in South Florida and Puerto Rico, received a $250 million capital injection from the U.S. Treasury that will allow it to increase lending ...

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Business Sisters-Consoeurs en Affaires Receives $100,000 in Financing from Desjardins Ontario Credit Union

Business Sisters-Consoeurs en Affaires has received $100,000 from the Desjardins Ontario Credit Union Community Development Fund to launch a new center for rural women entrepreneurs in Alexandria, which will offer entrepreneurial training, mentoring and events in both languages officials in the five counties of Eastern Ontario. “We are thrilled to work with the Desjardins team to make this innovative project ...

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Innago receives another $4 million in funding for its property management software business

Innago’s innovative and free property management software was named Best Property Management Software Vendor by G2 for its overall rating. CINCINNATI, Ohio, July 27, 2022 /PRNewswire/ — Innago is delighted to announce a new $4 million in a financing led by Allison Wood Ventures. This next round of funding further strengthens the partnership between the innovative real estate technology company ...

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7 Ways Smart Document Processing Helps Accounting

By Stephen Boals. In the world of accounts payable, efficiency is the name of the game. Accounting staff must quickly process invoices, send payments to vendors, and proactively prevent disruptions to business cash flow. They are also expected to operate with nearly flawless accuracy, as even a single data entry error could be detrimental to critical business operations. An exceptional ...

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Column: Bargain-hunting hedge funds bolster oil positions: Kemp

An aerial view shows tugboats helping an oil tanker to dock at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS Join now for FREE unlimited access to Reuters.com Register LONDON, July 25 (Reuters) – Portfolio investors bought oil futures and options for the second straight week as at least some fund ...

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Saba Capital enters into agreement with Delaware Investments National Municipal Income Fund

NEW YORK–(BUSINESS WIRE)–Saba Capital Management, LP and certain related parties (collectively “Saba” or “we”) announced today that they have entered into an agreement with Delaware Investments National Municipal Income Fund (NYSE: VFL) (the “Fund”). Under the terms of the agreement, the Fund will launch a substantial cash tender offer for up to 50% of the outstanding common shares of the ...

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Contentsquare Closes $600M Growth Investment Round Led by Sixth Street; Doubles valuation to $5.6 billion and brings total funding to $1.4 billion

NEW YORK–(BUSINESS WIRE)–Content Square, the global leader in digital experience analytics, today announced the close of a $600 million growth investment round, including $400 million in Series F shares and $200 million in dollars in debt financing, bringing total funding to $1.4 billion. The Series F investment is led by Sixth Street Growth, which joins new and existing investors Bpifrance, ...

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Landsdowne Labs Receives Competitive NSF Grant to Develop New Battery Coating

FAIRFIELD, Conn.–(BUSINESS WIRE)–Landsdowne Labs, LLC, a spin-off from the labs of MIT and Harvard scientists Drs. Robert Langer and Jeffrey Karp, received a $256,000 grant from the National Science Foundation (NSF) to develop and engineer a new battery coating to help prevent injury and reduce risk to the thousands of children who ingest batteries every year. “Every year, thousands of ...

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High operating costs push companies to debt market for funding

Nigerian companies have turned to the debt market to raise funds to cushion the impact of the continued rise in the cost of diesel, the devaluation of the naira, the scarcity of foreign exchange, among others, on their costs. operational. Manufacturers have been under severe pressure due to the high cost of diesel and raw materials, coupled with the scarcity ...

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Reghan Winkler: Avoiding Scams Disguised as Grants

Many individuals, families, small businesses, and nonprofits continue to struggle as America tries to get back on its feet. Skyrocketing inflation and gasoline prices, coupled with supply chain and labor issues, have made recovery difficult, leading to desperate attempts to stay afloat. For many struggling business owners, a government grant seemed like the perfect solution to their problems. The best ...

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Onramp Invest Raises $7M to Complete Series A Funding

SAN DIEGO–(BUSINESS WIRE)–OnRamp Investthe first turnkey digital asset platform for finance professionals, completed its Series A funding round with a total of $7 million raised from senior investors FINTOP JAM and EJF Capital LLC (“EJF”), which participated through its affiliate, EJF Silvergate Ventures Fund. Since its inception, Onramp Invest’s mission has been to remove barriers to investing in digital assets ...

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Sound Point Capital grants financing to Dura Automotive

NEW YORK–(BUSINESS WIRE)–Sound Point Capital Management (“Sound Point”) is pleased to announce that it has provided an Accounts Receivable Facility to Dura Automotive (“Dura” or the “Company”), a global designer and manufacturer of systems and high-tech automotive portfolios. MiddleGround Capital company (“MiddleGround” or the “Sponsor”). Dura will use proceeds from the facility to support continued growth in its three core ...

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Arcus Biosciences Announces New Employment Incentive Grants

HAYWARD, Calif.–(BUSINESS WIRE)–Arcus Biosciences, Inc. (NYSE: RCUS), an oncology-focused biopharmaceutical company working to create cutting-edge cancer therapies, today announced that the Compensation Committee of the Board of Directors of the company granted fourteen new employees options to purchase an aggregate of 34,500 common shares of the Company at an exercise price per share of $28.78, which was the closing price ...

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Funding for startups in India fell by 40% between April and June, says PwC

Geopolitical instability appears to be weighing on Indian startups, with total funding down 40% to $6.8 billion in the April-June quarter, a PwC India report reveals. Early-stage deals accounted for more than 60% of the total with an average deal size of USD 5 million, according to PwC India’s Startup Deals Tracker – Q2 CY22 report. ...

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Financing options to help businesses deal with rent increases

A third of small businesses could not afford to pay their rent over the past six months. And more than half of tenants have seen their commercial rent increase. If you’re wondering how we got here and how small business financing can help, that’s where Nav comes in. This article examines why inflation is hitting the commercial real estate market, ...

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EXCLUSIVE KKR launches its first two ESG credit funds

Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register July 7 (Reuters) – Private equity firm KKR & Co Inc (KKR.N) is preparing to launch its first two dedicated credit ...

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GOVERNOR HOCHUL ANNOUNCES $250 MILLION RESTORATION BID PERIOD IN NEW YORK TO OPEN JULY 11

GOVERNOR HOCHUL ANNOUNCES $250 MILLION RESTORATION BID PERIOD IN NEW YORK TO OPEN JULY 11 Promotes the revitalization of communities by redeveloping or eliminating degraded structures Register here for the educational webinar which will take place on Wednesday, July 13 at 10 a.m. Governor Kathy Hochul announced today that the Restore New York grant program will open on July 11. ...

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Gujarat, Karnataka, top performing start-up ecosystems, funding increased 7x in eight years

Gujarat and Karnataka are ranked as the top performing states in the Startup States Ranking 2021. Among the smaller states, Meghalaya tops the list. Between 2015 and 2022, the number of investors in start-ups increased ninefold, total start-up funding increased sevenfold and the number of incubators saw sevenfold growth, according to the report . India has 70,809 recognized startups with ...

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Four Proven Tips to Keep Your Business Warm in Fundraising Winter

Venmo and Slack were forged in 2008, during the biggest economic downturn since the Great Depression, which confirms the fundamental reason for writing this article: exemplary brands and products can grow even during tough times. Startups through the stages and high-burn companies are riding through the cold wave of a “funding winter” where uncertainty around equity-backed funding is shaking things ...

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Champions Funding’s non-QM solutions enable brokers to meet the unique needs of borrowers

Faced with a housing market in transition, mortgage lenders are scrambling to provide access to finance to a growing population of non-traditional borrowers. As these borrowers begin to represent a significant portion of overall housing demand, brokers and LOs want to partner with wholesale lenders who know how to serve this emerging customer base. As demand for alternative lending is ...

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Chicago tech startups face a funding crisis

“We tell companies to be careful of any new hires,” says Chicago Ventures partner Stuart Larkins, though he says a number of his investment companies are ahead of forecasts and still growing rapidly. . Venture capitalists worry about how their businesses will fare if customers cut spending on products due to rising interest rates and other costs, or if a ...

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Duck Creek awarded $1 million site preparation grant

Duck Creek Wins $1 Million Site Preparation Grant – Delaware Business Times Katie Tabeling June 27, 2022 BEAR — The City of Smyrna received $1 million from the Site Preparation Fund on Monday to install infrastructure for the next phase of its burgeoning Duck Creek business campus. The business ...

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Trump transferred more than a million dollars from his political groups to his private company after losing the election

Nearly two years after losing the election, Donald Trump continues to raise money from his supporters. Scott Olson/Getty Images DOnald Trump never stopped raising funds from his supporters after the 2020 presidential race. His companies, meanwhile, continued to charge his political outfits for goods and services. As a result, the former president has been able to convert about $1.3 million ...

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National Non-Profit, Founders First CDC, to award another round of grants to Texas businesses

The founders of the first CDC to award another $100,000 to minority businesses statewide to create and promote high-paying employment opportunities in underserved communities DALLAS, June 24, 2022 /PRNewswire/ — Founders first CDC, a national 501(c)(3) nonprofit organization that enables the expansion of diverse founder-led, income-generating businesses, announced the second wave of its Job Creators Quest grant that will award ...

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Additional financial aid, new buildings, cancer research funding and more – VCU News

By Mary-Kate Brogan The Governor and General Assembly approved Virginia’s biennial budget for 2022-2024 as well as several Virginia Commonwealth University-related projects. Highlights include financial assistance, a new regional computer center and the construction of a $181 million building for the VCU School of the Arts. While VCU will face a $14 million budget shortfall, it was still a historic ...

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Sequoia Capital leads $37m financing in UAE-based proptech startup Huspy

Sequoia Capital India on Tuesday led the $37 million financing of Huspy, a UAE-based proptech start-up, to accelerate expansion in Europe, the Middle East and Africa (EMEA). Sequoia India and Southeast Asia raised $2.85 billion in a fundraising package last week, including a $2 billion seed, venture and growth fund for India and a fund $850 ...

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The Development Funding Panel will review the Strategic Fund and laboratory grant applications at the end of this month

The Delaware Council on Financing for Development has a packed agenda at its meeting in late June. The panel that approves grants under the state programs will meet at 9 a.m. on July 27 at the Buena Vista Conference Center south of New Castle to consider a number of applications under the state programs. Grants are generally linked to employment ...

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SBA helps 4 million small businesses get disaster loans, scoring $390 billion in low-cost Covid relief

It looks like small business owners who took out disaster loans from the US Small Business Administration have struck a deal as the Federal Reserve rolls out historic measures to rein in spiraling inflation. The SBA announced Thursday that its Covid Economic Injury Disaster Loan program, which offered low-interest loans, had distributed about $390 billion to 4 million small businesses ...

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3VC has closed the first tranche of its new $157 million fund

3VC has closed the first tranche of its new $157 million fund that will support Series A startups. Founder Peter Lasinger said valuation multiples had gone “a bit crazy” before the downturn. The VC supports three to four startups per year and issues checks worth up to $30 million. Austrian venture capital firm 3VC has always had a selective approach ...

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List of news | Albany County, New York State

Albany County Executive Daniel P. McCoy today announced the passage of Local Law A, the Sustainable Technology and Green Energy (STAGE) Act, which establishes a green economic development plan to conserve and grow renewable energy businesses in Albany County and attracting new ones to the county as well. The new legislation will not only allow for the creation of financial ...

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RealWear took over Genba AI, marking Realwear’s shift to becoming a platform-focused company, secures $1.5M Series C funding

RealWearthe world’s leading provider of assisted reality solutions for frontline industrial workers, has acquired Genba AI and receipt $1.5M additional investment from Fortive Corporation. This decision opens up new industry channels for RealWear to serve the industrial manufacturing maintenance market with state-of-the-art voice software that captures essential knowledge for maintenance technicians and supervisors and, with the current ecosystem of RealWear ...

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La Plata Impact Fund Led by Local Businesses – The Durango Herald

When local business owner Jonny Radding contacted the Local First Foundation to start the La Plata Impact Fund, he had just finished reading the book “Let My People Go Surfing,” written by the founder and owner of Patagonia. . In the book, Yvon Chouinard detailed an alliance of companies that contributed at least 1% of their annual net sales to ...

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New program to help SMEs navigate financing options

Enterprise Nation has launched a new program that aims to help 30,000 small businesses better understand and navigate the world of finance and funding. “Access to Finance” will take place over twelve months and will cover the full life cycle of a business, from very early start-up loans and financing for local businesses, to venture capital and all options for ...

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Federal funding solidifies Fresno’s ‘nursing pipeline’

Emma Champlin was a freshman nursing student at Fresno State in this October 2021 file photo from The Associated Press. published on June 7, 2022 – 16:19Written by the staff of The Business Journal Nursing shortages were the reality long before the pandemic, and the focus is on nursing schools to strengthen the pipeline to hospitals. Fresno State School of ...

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GSBA and Comcast Renew Small Business Relief Efforts with Third Round of “Ready for Business Fund”

Proposed by Comcast FFollowing the success of the Ready for Business Fund in 2020 and 2021, GSBA – Washington’s LGBTQ+ Chamber of Commerce and ally – and Comcast are renewing the Ready for Business Fund’s relief effort this year to provide more than $200,000 in grants to eligible small businesses across the state. Starting Monday, June 13, small business owners ...

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Central Maine Business Records: Maine Venture Fund Partners with Dirigo Labs

WATERVILLE – Maine Venture Fund announced a new partnership with Dirigo Labs, a startup accelerator launched by the Central Maine Growth Council, to increase capital investment in businesses located in central Maine. Dirigo Labs will provide MVF with “boots on the ground” in the region and develop a channel through which companies can learn about equity financing options available from ...

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4 Reasons Women Need to Save More in Their Emergency Funds

When you buy through our links, Insider may earn an affiliate commission. Learn more. Loading Something is loading. A few weeks ago, I got into an argument with a friend over how much money I had in my emergency account. This friend told me to withdraw 30% of that money and put it into riskier investments, such as cryptocurrency and ...

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Maui Hirono Visits Maui, Visiting the Honoapiʻilani Realignment Project Site

A visit to Maui by U.S. Senator Mazie K. Hirono (D-HI) highlighted federal investments in Hawaiian communities and efforts to support ongoing recovery and reconstruction efforts following the COVID-19 pandemic. During her visit, Senator Hirono toured the site of the Honoapiʻilani Expressway Realignment Project, which last year received $22 million in federal funding. Senator Hirono started her day on a ...

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Businesses in downtown Winona are getting a financial boost. | Top stories

WINONA, Minn. (WXOW) — Residents of the city of Winona may soon see local businesses making improvements to its downtown neighborhood. The Winona Area Chamber of Commerce is set to receive $1 million through a Main Street Economic Development Grant to help area businesses recover from the effects of the pandemic. Part of the Minnesota Department of Jobs and Economic ...

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RETOOLNC Grant Funds Available for Eligible North Carolina Businesses

RALEIGH, NC (WECT) – The North Carolina Department of Administration’s Historically Underutilized Businesses Bureau (HUB) is reopening grant applications June 1 for eligible businesses impacted by COVID-19. The third round of funding offers grants of up to $25,000 to certified eligible, underutilized or disadvantaged small businesses. “We know minority and women-owned businesses have been disproportionately impacted by the pandemic,” Governor ...

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Colorado man Daniel Stonebarger on his way to jail for fraudulently obtaining nearly $900,000 in COVID relief funds – CBS Denver

DENVER (CBS4) – A 50-year-old Highlands Ranch man, Daniel Stonebarger, was sentenced to 41 months in federal prison on Thursday after receiving nearly $900,000 in federal and state relief funds earmarked for struggling businesses. Stonebarger lied about the demands, according to the plea agreement in the case, and spent some of the money received on a car for his wife, ...

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Trump-backed candidate Bo Hines fuels his race with money from a trust fund

Bo Hines, a congressional candidate from North Carolina, is self-funding the majority of his campaign, according to the FEC. Hines’ recent financial disclosure shows that all of his money comes from a trust fund. If elected in November, Hines will become the youngest member of Congress. Loading Something is loading. Bo Hines, a Republican congressional hopeful in North Carolina, recently ...

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Elon Musk Revises Twitter’s Funding Plan; Jump Actions | Economic news

By BARBARA ORTUTAY and MICHAEL LIEDTKE, AP Technology Editors SAN FRANCISCO (AP) — Tesla CEO Elon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, sparking hope among investors that the unpredictable billionaire still has the intention to strike a deal troubled by market turmoil and Musk’s not-fully-explainable concerns about the number of fake ...

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UK Fintech lending startup Creditspring raises $60m

London-based Creditspring has raised $60m in funding to expand its retail offering. The company focuses on what it calls subscription financing, where customers pay fees instead of interest. Creditspring has around 150,000 users in the UK Lending startup Creditspring has raised £48m ($60m) in new funding. Founded in 2016, the London-based company offers credit products aimed at “near-preferred” customers, those ...

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Investing in women entrepreneurs to drive post-COVID recovery

Women and diverse individuals often face systemic challenges and resource scarcity when pursuing entrepreneurship and small business ownership. What female and diverse entrepreneurs want is not favoritism but a fair starting line. The greater presence of women and the diversity of fund founders should attenuate certain demographic and cultural biases in the distribution of funding. The COVID-19 pandemic has spared ...

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