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Providing funding and inspiration for Black entrepreneurs

first_img Keywords Venture capital,  Diversity,  Racism Related news A new venture fund focused on early-stage technology companies that are led by Black entrepreneurs has launched with an initial $6.4 million in funding.Black Innovation Capital (BIC) and BDC Capital announced the launch of the Black Innovation Fund, which also includes RBC Ventures, Globalive Capital and TELUS Ventures as initial investors. James Langton Facebook LinkedIn Twitter Access to capital, low trust in banks cited as barriers to Black entrepreneurs Business owner checking stock iStockphoto/FG Trade Wealthsimple raising $750 million in latest financing deal, valuation hits $5 billion Share this article and your comments with peers on social media Federal government launches loan program for Black-owned businesses The fund, which aims to raise up to $10 million, will focus on investing in “Canadian pre-seed and seed stage technology companies founded by Black entrepreneurs,” the group said.“This fund addresses two important gaps in the market: funding and role models. Working together, we can help Black-led start-ups scale and inspire future founders and investors,” said Jérôme Nycz, executive vice president of BDC Capital, in a release.“Unconscious bias exists everywhere, including in investing,” said Lise Birikundavyi, principal and fund manager for BIC.“People typically invest in individuals and concepts they are familiar with, not always based on their values, experience or a sound business case. Our hope is to help build successful black-led businesses, deliver returns to our investors, and increase the diversity in the venture capital ecosystem,” she said.last_img read more

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MidCoast Recovery Centre opens in Taree

first_imgMidCoast Recovery Centre opens in Taree MidCoast CouncilA dedicated recovery centre will open in the former MidCoast Council Chambers in Pulteney Street Taree from 9am Monday.This centre will provide face-to-face support for MidCoast residents affected by the recent storms and floods.MidCoast Council’s recovery team will be on site, along with representatives from various NSW Government agencies to support members of our community dealing with the fallout from the record breaking flooding that impacted the MidCoast last weekend.The MidCoast Recovery Centre will provide support for the community’s immediate needs and provide information and advice about all the programs that are available from the government, charities and local support services.Service NSW will be in attendance at the centre on Monday.Service NSW is working in partnership with fellow State Agencies, MidCoast Council and the Australian Government to provide impacted people with information on and access to:Accommodation adviceReplacing lost documents Mental health and wellbeing servicesSupport for businessesClean-up servicesFinancial assistanceInsurance and legal support /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, Australian Government, community, council, Government, insurance, local council, mental, mental health, MidCoast Council, NSW, Service NSW, Taree, wellbeinglast_img read more

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Tourist Arrivals Up

first_imgMinister of Tourism and Entertainment, Hon. Dr. Wykeham McNeill, says the winter tourist season, now in its second month, is performing well, with growth in arrivals over last year.Dr. McNeill, who spoke with reporters on February 6, while touring several sites in Trench Town, St. Andrew, as part of activities to mark the 69th birthday of reggae icon, Bob Marley, said the preliminary figure is showing an increase of 4.7 per cent over last year.The Minister noted that the figure could have been better if weather conditions in the United States (US), had not affected flights coming to Jamaica.“We are talking to our partners to see how we can arrange it. There is nothing to really worry or panic about, but the big picture is that Jamaica continues to do very well in its tourist arrivals,” Dr. McNeill said.He lauded the effort of groups and individuals as well as agencies, to keep the Bob Marley celebrations going on his birthday. “We market Kingston as the cultural capital of the Caribbean, but there is so much more we have to offer, and what we want to do is to determine how we can develop this into a more formal tour,” the Minister said.Dr. McNeill said people come to Kingston, and “they want to see what it is we have to offer, and we have to ensure that we package it in a way where it is saleable to the maximum.”The Minister urged more Jamaicans, especially students, to visit the Trench Town area and to understand the history and heritage.Dr. McNeill was accompanied on the tour by his State Minister, Hon. Damion Crawford; Mayor of Kingston, Senator Angela Brown Burke, community leaders, and agency officials. RelatedTourism Ministry Pushing Entertainment to Attract Visitors Photo: JIS PhotographerMinister of Tourism and Entertainment, Hon. Dr. Wykeham McNeill (left), conversing with a group of Belgian tourists, while touring Culture Yard, in Trench Town, St. Andrew, on February 6. The visit by the Minister along with other Government officials, was part of activities to mark the 69th birthday of reggae icon, Bob Marley. RelatedJamaica Jazz and Blues Festival A Success – Tourism Minister Tourist Arrivals UpJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Advertisementscenter_img FacebookTwitterWhatsAppEmail Tourist Arrivals Up TourismFebruary 6, 2014Written by: Garfield L. Angus RelatedStudents Urged to Get Rid of Bling Culture Story HighlightsThe winter tourist season, now in its second month, is performing well, with growth in arrivals over last year.Dr. McNeill said the preliminary figure is showing an increase of 4.7 per cent over last year.The Minister noted that the figure could have been better if weather conditions in the United States (US), had not affected flights coming to Jamaica.last_img read more

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Brown message to Vermont GOP: Unify the party or bust

first_imgby Andrew Stein June 23, 2013 Former Massachusetts Republican Sen. Scott Brown delivered one salient message to the Vermont GOP on Friday night: ‘Have tolerance for other people in the party.’If factions continue to divide the Republican Party, he said, candidates will not be successful in Vermont or anywhere else in the country.Former Republican Massachusetts Sen. Scott Brown addresses Vermont GOP officials on Friday. Photo by Andrew SteinBrown, in more ways than one, fit the bill for the keynote speaker slot at the Vermont GOP’s spring fundraiser. Although he lost to Democrat Elizabeth Warren in 2012, Brown was the first Republican elected to the US Senate from Massachusetts since Edward Brooke won in 1972. The moderate Republican won the seat, which belonged to liberal Democratic Sen Ted Kennedy, in a 2010 special election after Kennedy died of a brain tumor.In a liberal state much like Vermont, Brown found a way to win ‘if only for a short time. Brown says he still has political ambitions, and he is keeping an eye on Washington while he works as a commentator on Fox News and travels the country delivering speeches and promoting his 2011 book, ‘Against All Odds.’Brown’s call for GOP unity in Vermont is timely. Republicans here have been fighting over the future of the party, which in 2012 only held onto one statewide seat and lost more ground in the state Legislature where a ‘super majority’of Democrats continues to dominate. In April, the Vermont Press Bureau’s Peter Hirschfeld highlighted the rift between the ideological chair of the Vermont GOP, Jack Lindley, and moderate Lt. Gov. Phil Scott who is pushing for more centrist positions on issues.Scott said he and Brown are on the same page.‘I’ve always thought we can disagree with each other, but we need to treat each other with respect and learn how to compromise and agree on what we stand for,’Scott said.Lindley, who dug in his heels earlier this year, seems to have softened his hardline conservative stance. ‘His message is real,’Lindley said. ‘It’s part of what all Republicans are attempting to follow at this point in time.’Still no one on Friday, not even Brown, had a fix-all solution to the Republican’s fundamental problem: attracting enough liberal to moderate Vermonters and residents of Massachusetts to the party in order to gain a better political foothold.The $125-a-head private reception at the Rutland Holiday Inn began with veggies, dip and libations. After small talk and speculations about who might run for governor, the party of nearly 50 moved into the dining room for dinner and Brown’s speech.Lindley led the group in the Pledge of Allegiance and grace before well-wishers broke into a chorus of ‘Happy Birthdays’for former Gov. Jim Douglas, who turned 61 on Friday.At a front and center table, Scott gave Brown a stock car racing lesson. Nearby, Sen. Kevin Mullin, R-Rutland, lobbied his peers to persuade Douglas to run for election in 2014.‘He oozes honesty and integrity,’Mullin said of Douglas, as he leisurely sipped on a gin and tonic.Noticeably absent from the fundraiser were the three Republican candidates who ran for statewide office in 2012 and lost: Wendy Wilton, who ran for treasurer; Vince Illuzzi, who ran for auditor; and Randy Brock, who ran for governor.After the Caesar salads and chicken cordon bleus were devoured, and the plates were cleared, Brown took to the stage.‘Here’s the problem with our party,’he began. ‘We’re fighting against each other.’From Vermont all the way down to Southern states, Brown said, this is a problem. The issue was made apparent to him when he was a keynote speaker at the Republican convention in North Carolina.‘The message is the same,’he said. ‘We have tea party members, fiscal conservatives, social conservatives, moderates and liberals, and we fight against each other, and we give the other side the ability to use that to tear us apart, to divide and conquer us.’These factions of the GOP need to put differences aside for the betterment of the party, he said. Party infighting, Brown continued, is what likely cost him the election in Massachusetts.‘What I didn’t expect was the social conservatives and the tea party members to do and say things so that I had to battle on the left and the right,’he said. ‘Here I am, a sitting U.S. senator in a state with 11 percent Republican enrollment, and I’m battling with the left â ¦ and I’m also battling my flank.’Brown told the Vermont Republicans to hang in there and pull together.‘Don’t give up. I know it’s frustrating,’he said. ‘You’re fighting. You’re doing God’s work.’He then shifted to talking about the state of Vermont’s regulatory climate and its difficulty attracting young, highly skilled workers.‘You have to be competitive on a global basis in order to grow and expand and create jobs, and you’re not going to create jobs by tax and regulatory uncertainty that build barriers to businesses wanting to come to this beautiful part of this country,’he said. ‘It is breathtaking. But the young people aren’t staying; they’re leaving.’Vermont, he said, needs better tax breaks and regulatory relief for businesses.‘That’s your challenge when you run for governor is to make sure that happens,’Brown said, speaking directly to Phil Scott from the pulpit.Who would run for governor on the Republican ticket?Is Scott interested in running for governor?‘No, not at this point in time,’he said. ‘I’m happy being lieutenant governor, and I think I’m effective in that position.’What about in the long run?‘This hasn’t been a lifelong ambition or dream of mine to be in political life,’he said. ‘My lifelong dream was to race cars at Daytona. That didn’t happen, but I got close to it, and that’s my passion. But I’ve found later in life that I have something to offer from a political standpoint.’On Friday, the most frequently mentioned favorite potential 2014 gubernatorial candidate was Douglas.Former Gov. Jim Douglas made an appearance at a Vermont GOP event on Friday. Photo by Andrew Stein‘We need someone who can win. He can win,’Mullin said. ‘I’m encouraging everyone I know to ask Jim Douglas to run. There are some other people who would be strong candidates, but I just think Jim Douglas is the candidate.’Rep. Tom Terenzini, R-Rutland, seconded that motion.‘It would be a wonderful thing if Jim Douglas did run,’he said. ‘He was an inspiration as governor.’But Douglas and his wife, Dorothy, say that won’t happen.‘He’s done that, and it’s time to move on at a slower pace,’Dorothy said.‘That’s the definitive word,’Douglas chimed. ‘If I run for office, it will be re-election as town moderator in Middlebury. That’s it.’Rep. Lawrence Cupoli, R-Rutland, said he asked Douglas to run earlier in the evening. He also said Randy Brock would have made a good governor, but ‘his campaign never got going.’‘There was no spark,’Cupoli said. ‘Randy is a very articulate, well-educated guy, who would have been a good governor â ¦ I don’t see Randy these days. I have not seen Randy at all.’Other prominent Republican names, like the Snelling Center’s Mark Snelling, swirled around the room as possible candidates come 2014, but nothing was definite.‘I think there are a lot of Republicans that are sitting on the sidelines now, waiting for someone to come forward with great leadership skills to bring us back to where we were,’Terenzini said.Lindley is confident that the GOP will field a strong candidate against Gov. Peter Shumlin in 2014, and he says the governor is ripe for another run.‘He [Shumlin] has a personality that does not lend itself to what I would call appropriate leadership of a governor,’Lindley said. ‘He is self-destructing, and we are all sitting and watching it.’last_img read more

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One or two points …

first_imgStay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to industry news as it happensBreaking, daily and weekly e-newsletters To continue enjoying, sign up for free guest accessExisting subscriber? LOGIN Get your free guest access  SIGN UP TODAY Subscribe now for unlimited access Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our communitylast_img read more

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Duluth names director

first_imgEffective October 1, Coda succeeds Adolph Ojard, who will be retiring from the job after more than a decade at the helm of the agency.To this leadership post, Coda brings over 20 years of experience in multi-modal transportation and logistics, most recently serving as director of fuel transportation for Dynegy Inc in Houston.  www.duluthport.comlast_img

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Kentucky takes over No. 1 spot from Duke in basketball poll

first_imgKentucky’s Isaiah Briscoe (13) shoots between Duquesne’s Isiaha Mike, left, Darius Lewis (00) and Tarin Smith during the second half of an NCAA college basketball game, Sunday, Nov. 20, 2016, in Lexington, Ky. (AP Photo/James Crisp)Kentucky moves into the No. 1 spot in The Associated Press college basketball poll, replacing Duke, which dropped to sixth following its final-seconds loss to Kansas in the Champions Classic.The Wildcats (4-0), who also beat then-No. 13 Michigan State in the Champions Classic, received 42 first-place votes from the 65-member national media panel in the poll released Monday . Kentucky was ranked No. 1 for two weeks last season.Defending national champion Villanova (5-0) moved up one spot to second with 21 No. 1 votes following a four-win week that included one at then-No. 15 Purdue.Indiana (3-0), which moved up three places to third, received the other two first-place votes. This is the Hoosiers’ highest ranking since they were third in the next-to-last poll of 2012-13.North Carolina moved up one place to fourth and was followed by Kansas, Duke, Virginia, Arizona, Xavier and Louisville.Gonzaga jumped three spots to 11th and was followed by Creighton and Oregon, which fell from No. 4 to 13th after losing to Baylor.UCLA was No. 14 followed by Saint Mary’s, Wisconsin, Purdue, Syracuse, West Virginia and newcomer Baylor.The last six are Iowa State, Texas, Rhode Island, Michigan State, Michigan and Florida State. Michigan and Florida State, the week’s other newcomers, tied for 25th.Baylor (3-0), Michigan (4-0) and Florida State (4-0) replace Cincinnati and California, which were 24th and 25th last week. Cincinnati and California were both ranked for one week.The Atlantic Coast Conference leads with six ranked teams while the Big Ten and Big 12 have five each.___More AP college basketball: www.collegebasketball.ap.orglast_img read more

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Leafs bounce back to shutout Braves, Cooper scores twice to lead Green and White

first_imgRyan Keilty, who was not in the lineup Friday against the Nitehawks, was back in the lineup in place of Jaiden LaPotre.”Coach (DiBella) said I was lacking certain things from my last game and I think I showed what he needed tonight,” said Keilty, connecting for his second goal of the season after converting a breakaway.DiBella agreed that Keilty had “improved” not saying much else on the matter.DiBella, on the other hand, had a bit more to say regarding Leaf Game star Ryan Cooper.”He really is special with how well he can start up plays and get the puck where it needs to be,” DiBella explained.Cooper’s two goals came in the first and third periods.With just over two minutes remaining, Cooper was on the ice looking for his hat-trick goal on the Leaf power play.”I wasn’t thinking about getting the hat trick at the time, I was just trying to throw pucks at the net,” Cooper said.When asked about his goals, Cooper said, “the second one felt more natural as I had my eyes closed for the shot.”“I like to visualize my shots as it makes me more comfortable when I shoot,” Cooper added.Nelson, tied for top spot in the Murdoch Division with Grand Forks Border Bruins, begin a five-game road trip Friday with a game in the Sunflower City against the Castlegar Rebels.Nelson then makes stops in Spokane, Kimberley, Golden and Invermere before returning home October 27th to face the Golden Rockets.BLUELINES: Ryan Cooper now leads the Leafs in scoring with 12 points — six goals and six assists — two points head of David Sanchez. Jackson Zimmermann and Sawyer Hunt are tied for third, each with nine points. . . .Netminder Josh Williams has jumped back into the lead in goalies with a 1.14 goals against average. Owen Sikkes of Beaver Valley is second at 1.71. Williams is 6-0 on the season. Ryan Cooper scored twice and Josh Williams recorded his third shutout of the season sparking the Nelson Leafs to a 4-0 Kootenay International Junior Hockey League victory over the Spokane Braves Saturday night at the NDCC Arena.The win snapped a brief one-game losing skid for the Green and White.Nelson opened the two-game home stand weekend with a narrow 2-1 loss Friday to Beaver Valley Nitehawks.Saturday, the Leafs jumped all over the Braves, scoring twice three minutes into the game to take hold of the contest.Cooper, receiving a gift-wrapped loose puck in front of the Braves net, opened the scoring just over a minute into the game.Justin Podgorenko made it 2-0 following a similar breakdown in the Spokane defence.Leaf coach Mario DiBella, a stickler for detail was pleased with the result despite times when the Leafs were inconsistent in their play.”Well there were good moments and bad moments out there, but we came to play tonight,” DiBella confessed.Nelson dominated most of the game, peppering Spokane goalie Ben Waslaski with 44 shots in total.The Braves were having lots of trouble breaking free from their side of the ice with Leafs swarming from all sides.Nelson on average for the night were getting 15 shots per period compared to Spokane’s five per period.last_img read more

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Wildcats gain split during West Kootenay Boy’s Basketball Playday

first_imgBoundary Central held period leads of 19-13, 30-29 and 48-40 before coasting to the win.Daniel Stewart scored 13 points for the Wildcats.Against a shorthanded Cougars squad, Mount Sentinel busted open a close contest with a 14-7 run during the second quarter as the coaching staff rolled the entire roster into the game.Kyle Kabatoff led the charge for Mount Sentinel with 22 points while Ty Loren had 12.In the other game, Boundary Central blasted Nakusp 94-32.Bergendahl had 26 points for the Roadrunners while Tristan Francis added 22. The Mount Sentinel Wildcats earned a split during a three-team West Kootenay High School Boy’s Basketball Playday held recently at the South Slocan based gymnasium.The Wildcats opened the event with a tough 62-50 loss to Boundary Central of Midway.Mount Sentinel evened the score in the later game, thumping Nakusp Cougars 74-43.In the opener Mathies Bergendahl poured in 23 points to lead the Roadrunners to the 12-point victory over the Cats.last_img read more

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Mallard’s Team of the Week — Nelson Road Kings Executive

first_imgMallard’s Source for sports were quick to salute the Road Kings Executive with Team of the Week.Members include, Frank Anderson, Warren Ward, Marcello Piro, Brian Haigh, Sue Howe, Jack Chambers, Woody Wudkevich, Cecil Verigin, John Madelung, Tony Topolinski, Bill Smith, Ron Cutler, Paul Bowolin and Dave Sabo. The Nelson Road Kings did it again.The local car club once again blew the doors off on another successful Queen City Cruise in Nelson.Three hundred plus entrants came as far away as Minnesota to be part of the September Car Show.last_img read more