This category includes articles about people, firms and foundations that invest in social good by investing in social entrepreneurs, social impact or pay-for-success bonds, etc.
This category includes articles about people, firms and foundations that invest in social good by investing in social entrepreneurs, social impact or pay-for-success bonds, etc.
Organization has coordinated more than 80,000 flights for ailing children, covering 44 million air miles to date
GREEN VALLEY, NEVADA – Miracle Flights for Kids, the nation’s leading charitable flight organization, announced today that it will use a new and unexpected contribution of more than $40 million to significantly expand its programs and services. The new money represents proceeds from a 2008 class action legal settlement in which British Airways and Virgin Atlantic Airlines agreed to donate unclaimed funds to the charitable organization under the legal doctrine of cy pres. Miracle Flights was not a party to the suit.
Thousands of children are born each year with a rare or genetic disease, and many thousands more are stricken with severe, life-altering or life-threatening illnesses, many of which require the attention of medical specialists in other parts of the United States. For many families struggling with medical bills, an airline ticket to allow a sick child to see a much-needed specialist is beyond their means. Since 1985, Miracle Flights has provided the financial assistance needed to fly children struggling with serious illnesses, and their parents, to and from specialized treatment centers and hospitals.
“This is the kind of gift that small charities dream about. Our organization, which began on the floor of my living room, now has the resources to help more children than we ever could have envisioned,” said Ann McGee, President and Founder of Miracle Flights. “I have always believed that money should never stand in the way of children getting to the best possible medical treatment – no matter how far away the right doctors and the right treatments might be. On behalf of the children we will now be able to assist, we are so thankful to have been selected to receive this invaluable contribution.”
Miracle Flights is currently developing plans to significantly expand its programs and services, including:
* Pawfect Connections™, a travel assistance program for families in need of service animals;
* MFFK CaRes™, a travel assistance program for families attending medical camps and retreats; and
* A robust international program, which will improve upon a prior model that has provided children from 38 countries with travel assistance to come to the United States for care.
In consultation with financial advisors, the organization has also made a number of investment decisions to best position the organization to provide much needed assistance for years to come.
“Our Board of Directors is keenly aware of this unprecedented opportunity afforded to Miracle Flights and the children we are determined to help,” McGee stated. “Any changes to our programs, services and fundraising strategies will come after each is analyzed to ensure that we continue to be good stewards of all contributions we receive. Our singular focus is to continue to help these kids.”
Any child needing medical treatment that is not available in their immediate area or a second medical opinion from a faraway, qualified specialist is eligible to apply for assistance. For more information, go to: http://www.miracleflights.org.
2014 USA Games Athletics Events To Be Held in Princeton, N.J.
LAWRENCEVILLE, NJ (August 28, 2013) – The 2014 Special Olympics USA Games announced today that STS Tire and Auto Centers (STS) has signed on as a Silver Level Partner and will be the Presenting Sponsor of the 2014 USA Games Athletics Competition at Weaver Stadium on the campus of Princeton University. The 2014 Special Olympics USA Games will be hosted by New Jersey, June 14-21, 2014. Nearly 3,500 athletes will compete in 16 sports, supported by 1,000 coaches, 10,000 volunteers and 70,000 spectators.
“As an employee owned business, we knew a partnership with STS would include more than just a financial boost to the Games but an emotional investment as well,” said TJ Nelligan, President & Chairman of the 2014 USA Games. “STS has empowered its employees to truly become part of these Games by creating internal programs for its owner-employees and customers to personally contribute to and benefit from the company’s partnership of the 2014 USA Games.”
As Presenting Sponsor of Athletics, STS will be recognized throughout Weaver Stadium as well as in all external communications regarding the Athletics Competition at the 2014 USA Games. Over 450 athletes will compete in track and field events during the Games. STS will be highlighting its partnership with the 2014 USA Games in much of its marketing initiatives over the next year, including in billboards and radio advertising. Weaver Stadium is a state-of-the-art venue for outdoor track and field and provides available seating for nearly 2,500 spectators. The innovative design was crafted by Don Paige, formerly the best half-miler in the world. The oval is eight lanes across, with each lane 1.22 meters in width and features an impressively long radius of 36.5 meters on the turns. It is made of durable brick red full-depth polyurethane, the safest, fastest and most comfortable surface available.
“Partnering with the 2014 Special Olympics USA Games provides STS with a unique opportunity to give back to the communities we serve by embracing the overall mission of the Special Olympics. As a 100% employee-owned New Jersey based company we’re proud to be sponsoring Athletics and look forward to supporting the athletes as they demonstrate their incredible determination and spirit to succeed,” said Bill Caulin, president of STS.
About Somerset Tire Service (STS Tire & Auto Centers):
Founded in 1958 in Somerset County, NJ, Somerset Tire Service (also known as STS Tire & Auto Centers) has taken pride in providing exceptional service and superior value to customers for fifty-five years. STS Tire & Auto Centers is the largest independent tire and automotive service company in the Northeast, with retail locations throughout New York, New Jersey and Pennsylvania.
Unique to the retail tire and automotive repair industry, it’s an employee-owned company, dedicated to providing customers with convenient locations where long-term relationships are established based on TRUST. To continue to uphold its reputation for honesty and ethical business practices, employee-owners still follow the STS promise, which was established by the company’s founder:
STS Tire & Auto Centers is a full service tire and automotive service retailer. Services provided include oil changes to brakes, batteries, engines, shocks, struts, and more. Product offerings include top quality major brands such as Bridgestone, Firestone, Michelin, Toyo, Pirelli, Goodyear, Yokohama, Continental and more, plus brand name automotive parts. Each location is staffed with well-trained management and ASE certified technicians who’ll take pride in caring for your vehicle as if it were their own. STS Tire & Auto Centers service a wide variety of vehicles, foreign and domestic, including passenger cars, minivans, light trucks, CUV’s, and SUV’s. For additional information, please visit http://www.ststire.com, “Like” us at http://www.facebook.com/ststire and follow us athttp://twitter.com/STSTire
About the 2014 Special Olympics USA Games
The Special Olympics USA Games will be hosted by New Jersey June 14-21, 2014. Nearly 3,500 athletes will compete in 16 Olympic-style team and individual sports, with the support of 1,000 coaches, 10,000 volunteers and 70,000 family, friends and spectators. The Special Olympics USA Games will celebrate the Special Olympics movement, promote the ideals of acceptance and inclusion through sport and showcase athletes from throughout the U.S. and the abilities of people with intellectual disabilities. The 2014 USA Games will also highlight Special Olympics’ work in sport, education, health and communities. Founding partners for the 2014 Special Olympic USA Games include Barnabas Health, HESS, PSE&G, ShopRite, Toys R”Us and WWE. Learn more about the 2014 Special Olympics USA Games at www.2014specialolympics.org and follow the Games on Facebook atFacebook.com/SpecialOlympicsUSAGames and Twitter @2014USAGames.
SALT LAKE CITY, Sep. 5, 2013 – MountainWest Capital Network (MWCN) today released its annual list of the 100 fastest growing companies in Utah. www.mwcn.org The 19th annual MWCN Utah 100 Awards Program Oct. 22 will highlight rankings of the Utah 100.
The event will also highlight the 15 Top Revenue Growth companies and the 14 Emerging Elite companies.
“Year after year, Utah outperforms most other states as the best place to start or operate a business,” said Devin Thorpe, MWCN president. “It is a great pleasure to each year honor Utah’s 100 fastest growing companies, the top revenue growth companies and the emerging elite. Additionally, we honor all the business throughout this great state for their hard work, tenacity and success in helping make Utah a great place to work and live.”
The percentage of revenue increase of each company between 2008 and 2012 determines the Utah 100. Those companies with the largest dollar amount of revenue growth in 2012 make up the Revenue Growth winners. The Emerging Elite are selected from among companies with less than five, but more than two years of operation that show significant promise for future success.
The 2013 Utah 100 Event
· Tuesday, October 22, 2013
· Noon to 1:30 pm
· Grand America Hotel, 555 South Main Street, Salt Lake City, Utah 84111
· Tickets to the Utah 100 event are available at www.mwcn.org.
2013 Utah 100 in alphabetical order – Rankings will be announced at the Utah 100 program on October 22.
· Cafe Rio
· ZAGG Inc
About MountainWest Capital Network
MountainWest Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success, and dedicated to the flow of financial, entrepreneurial and intellectual capital.
ATLANTA, Sept. XX, 2013 – Jonathan B. Wilson, attorney at Taylor English Duma LLP, today announces the release of his new book, “Easy Guide to Intrastate Crowdfunding Through the Invest Georgia Exemption.” With the recent surge in use of crowdfunding by entrepreneurs and small businesses to raise capital, the book seeks to clarify the ways in which crowdfunding can be used as an investment tool, and to provide practice steps for a certain type of crowdfunding that is now possible for small businesses located in Georgia and for investors who are Georgia residents. The book is available for free download at www.sterlingfunder.com.
The book takes an in-depth look at the basics of crowdfunding, including how it relates to securities law, private offering exemptions, the JOBS Act and the Invest Georgia Exemption. Wilson advises entrepreneurs and small business owners to prepare and manage their offerings in a transparent and professional manner in order to increase their own chances of success but also to help ensure the success of crowdfunding for all users.
At Taylor English, Wilson is a member of the firm’s Corporate & Business practice group where he focuses on corporate securities, corporate finance and governance, mergers and acquisitions, and intellectual property. He has more than 20 years of experience representing Fortune 100, middle-market and start-up companies in transactional matters.
Wilson is a member of the American Bar Association (ABA) where, in 2009, he founded the Renewable Energy Committee of the ABA’s Public Utility Section, and he currently chairs the committee. Wilson received his undergraduate degree, with honors, from the College of William and Mary and his law degree from George Washington University.
About Taylor English Duma LLP
Taylor English Duma LLP is a full-service law firm built from the ground up to provide highest-quality legal services for optimal value. The firm was founded in 2005 and its attorneys work each day to provide timely, creative and cost-effective counsel to help clients solve problems and achieve goals. Taylor English represents all types of clients—from Fortune 500 companies to start-ups to individuals. More information can be found on the firm’s website at www.taylorenglish.com.
(New York, NY – Sept. 3, 2013) Clothing brand LPD New York, model Jessica Stam and Many Hopes are pleased to announce a special collaboration “Team Stam” jersey to benefit Many Hopes. The special collaboration is available on today, Sept. 3rd, atwww.lpdnyc.com with 100 percent of the proceeds going directly towards Many Hopes efforts in Kenya. To celebrate the collaboration, model Jessica Stam, LPD New York’s creator Benjamin Fainlight, and Many Hopes will host a special launch event tonight.
“I’m so excited to be working with Benjamin and LPD New York on the Team Stam jersey. Having seen Many Hope’s work first-hand in Kenya, I am proud to be involved with this collaboration,” said Stam. “All proceeds from the Team Stam jersey will be going to Many Hopes, and will help to build sustainable communities and change lives.”
Many Hopes is raising the generation of children who will defeat the causes of the extreme poverty they were born into. The organization builds homes and schools for orphaned girls and boys and creates local businesses to support them.
“These jersey’s are a perfect example of how busy New Yorkers can do great justice 8000 miles away by using their skills and influence right here in the city,” said Many Hopes founder Thomas Keown. “Jessica Stam and LPD New York are showing how using our professional abilities and platforms right here can unlock the potential of some of the world’s poorest communities.
The “Team Stam” jersey is the latest design from LPD New York, a clothing brand rooted at the intersection of high fashion and American streetwear started by Benjamin Fainlight and best known for their “Dream Team” collection, a series of jerseys featuring high fashion designer names from Ricardo Tisci to Rei Kawakubo. LPD New York’s jerseys have been spotted on celebrities and fashion enthusiasts such as Rita Ora, J. Cole, and Kevin Durant.
About Many Hopes:
Many Hopes is a long-term strategic solution to the corruption and poverty that exploits the most vulnerable girls and boys. Many Hopes invests in sustainable community development on 5 related fronts one community at a time: girls homes, quality school, boys homes, medical facility and community water. Many Hopes pledges that each project it initiates will be fully self-sustaining within 10 years of launch. Many Hopes uses investment to build new homes and schools while building a portfolio of business for long-term sustainment. We believe in starting small but thinking big.
About LPD New York:
Founded in 2012, LPD New York (previously known as “Les Plus Dorés”) is a clothing brand rooted at the intersection of high fashion and American streetwear. Best known for “The Dream Team” – a series of t-shirts featuring high fashion designer names in basketball jersey format – LPD New York’s presence has exploded across the Internet and fashion media, including features in Vogue.com, Elle UK, Harper’s Bazaar UK, HypeBeast, HighSnobiety, Complex Magazine, Paper Magazine, and various blogs. Vice Magazine’s distaste for the brand assures its sticking power. LPD New York strives to reimagine the conventions of fashion, making it accessible and unifying for all participating, while bringing couture conceptualism and themes to streetwear.
SALT LAKE CITY (September 3, 2013) – The James Lee Sorenson Global Impact Investing Center (SGII Center) at the University of Utah’s David Eccles School of Business today announced results from their partnership with the Sorenson Impact Foundation (SIF) to facilitate five early-stage program-related investments totaling approximately $2 million. Completed in the first half of the year, the targeted impact investments will help early-stage entrepreneurs grow their social enterprises in industries ranging from solar energy and SME financing to affordable housing and fair trade clothing manufacturing.
“We are pleased with the progress the foundation has made in making program-related investments,” said Jim Sorenson, founder and chairman of the board of directors of the SIF. “For a variety of reasons, there are limited amounts of risk capital going to support companies of social impact to bridge the gap between purely philanthropic and commercially oriented capital. The SGII Center has played a catalytic role in helping to address such issues and facilitate these program-related investments.”
Created in January 2013, the SGII Center helps facilitate participation in the growing field of impact investing by training students through experiential learning to work directly with clients that include social enterprises, corporations, family offices, impact funds and private family foundations. The recent impact investments selected by SIF were sourced, screened, vetted and structured by teams of students focusing on each of the companies’ potential to produce sustainable and scalable social impact.
“These investments will serve to close funding gaps, helping social enterprises to prove out their businesses, with the additional benefit of cultivating impact investing expertise in students,” Sorenson said. “I hope that our efforts will accelerate the growth of the sector at-large and help lead to improved societal change on a global scale.”
SGII Center students work to address both the supply and demand barriers to impact investing through a broad range of services offered. Students often travel to locations around the world to help prime businesses for capital infusion by providing early-stage services, as well as continued post investment support and assistance in measurement and monitoring of social impact. The SGII Center is focused on providing early stage resources to the sector at a time when there is growing demand yet very few options available to help early stage social enterprises.
“With these investments, we have shown the ability to provide the infrastructure support for investors and enterprises to help lower hurdles and allow for engagement from foundations and impact investors across a range of sectors. We were in a unique position to help SIF reach a broader investment base and execute investments at a pace that most others in the space are not able to achieve,” said Lewis Hower, director of the SGII Center. “Our key focus as a center is to increase the engagement of foundations and early stage impact investors to facilitate scalable and sustainable impact investments in promising social enterprises while providing students a unique and rewarding experiential education and career path.”
The following companies received investments from the Sorenson Impact Foundation:
Copia – Kenya-basedconsumer catalog and rural distribution company
Kinara Capital – India-based financing company for micro and small enterprises
Liberty & Justice – Fair-trade apparel manufacturing company with offices in Liberia and Ghana
Simpa Networks – India-based pay-as-you-go solar financing company
World Haus – India-based affordable housing construction company
“These funds will prove instrumental in advancing our mission to transform the apparel supply chain in Africa from worker exploitation and environmental degradation to partnership and sustainability,” said Chid Liberty, CEO and co-founder of Liberty & Justice. “With this show of faith by SIF, we can train and employ more women in the garment industry and help them become truly self-sufficient in these poverty-stricken nations.”
“The opportunity to play an active role in combating these crucial societal issues is very rewarding,” said Brandon Koch, a student studying finance and computer science at the David Eccles School of Business who spent three months in India working for Kinara Capital. “The hands-on experience I gained at the SGII Center has been invaluable, and I look forward to continuing to apply these skills in the real world to create sustainable change.”
COSTA MESA, Calif. – August 28, 2013 – Hyundai Hope On Wheels®, a leader in the fight against childhood cancer and supported by Hyundai Motor America and its dealers, today announced a donation of $10.25 million to pediatric cancer research in the U.S. This latest donation is part of Hyundai Hope On Wheels’ annual September program recognizing National Childhood Cancer Awareness Month. This year, a unique social media initiative will be promoted to thank all Hyundai owners whose vehicle purchases contribute to the cause. Since 1998, Hyundai Hope On Wheels has awarded over $72.0 million for pediatric cancer research in the U.S.
“Hope On Wheels is our fight to end pediatric cancer, and is at the soul of our work at Hyundai. With each car we sell, we make a contribution with our dealers to end this disease,” said John Krafcik, president and CEO of Hyundai Motor America. “We’ve now raised over $72 million dollars, and ask everyone to join us this September on Facebook to raise awareness about this cause.”
This year’s initiative will kick-off with a full page announcement in the August 30thweekend edition of the USA Today. It will be immediately followed by a 5K run/walk in Fountain Valley, CA on August 31st. Throughout the month of September, Hope On Wheels will travel the U.S. donating research grants to children’s hospitals each in the amount of $250,000. Other activities will include seven additional 5K run/walks around the country and Hope On Wheels will take part in a series of events on Capitol Hill with the Congressional Childhood Cancer Caucus.
Hyundai will promote a unique social media initiative, primarily on Facebook and other social media sites, to create awareness about pediatric cancer during the month. The program is called “Every Handprint Tells A Story.” The iconic handprints of the Hope On Wheels logo represent the dreams, hopes and journeys of kids diagnosed with cancer everyday in the U.S. Visitors to the Hyundai Facebook app will be able to learn about the research funded by Hope On Wheels, view videos of pediatric cancer survivors, share stories on social media and post their own messages of hope. You can visit the page atwww.Facebook.com/Hyundai, or go to the website HyundaiHopeOnWheels.org.
“With childhood cancer remaining the leading cause of death from disease for children in the U.S., there is an urgent need for more research that can lead to better cures for our children,” said Peter C. Adamson, Chairman of the Children’s Oncology Group (COG). “Hyundai and its dealers are bridging the widening gap in childhood cancer research funding and have quickly become one of the largest and more innovative grant providers in the field. We are grateful for their support and efforts to bring our cause to the forefront of the national dialogue.”
As part of its annual September effort, Hope On Wheels will hold a series of pediatric cancer awareness activities in Washington, D.C. Once again this year, Hyundai and its dealers will come together at a joint press conference with Members of the Congressional Childhood Cancer Caucus, co-chaired by U.S. Representatives Michael McCaul (R-TX) and Chris Van Hollen (D-MD). Hope On Wheels national youth ambassador, CJ George, will address the audience, and leading doctors, policy makers, Members of Congress, and childhood cancer survivors will attend the press conference at the Rayburn House Office Building, Gold Room on September 19th from 8:00 – 9:00 a.m. EDT. Immediately following the press conference, the Congressional Caucus will host its 4th Annual Childhood Cancer Summit. The summit will examine the current state of pediatric cancer and open discussion for future advancements to benefit children battling cancer.
“Over the past 15 years, Hyundai dealers and the Company have stood resolute to provide pediatric cancer research,” said Mickey Pong, Chairman of Hope On Wheels and Hyundai Dealer of North County Hyundai. “As a Hyundai dealer, there is nothing that I am more proud of than the work we do with Hope On Wheels. We want every person who enters our dealerships across the country to know the impact they are having on these children’s lives. The September effort will not only provide needed research dollars, but also tell the stories of these brave children for whom we fight.”
Hyundai Hope On Wheels will surpass $72 million in grant awards to children’s hospitals nationwide by the end of 2013. The Hyundai Scholar Grant program awarded $3 million earlier this year to young investigators across the country. The September Hope Grant will be awarded to 41 children’s hospitals and research institutions across the country. The highly-competitive Hyundai Hope research grant program is open to the nearly 200 Children’s Oncology Group member institutions engaged in pediatric cancer research in the U.S. Grant winners are selected by the Hope On Wheels Medical Advisory Committee, a distinguished group of leading pediatric oncologists throughout the nation.
To learn more about Hyundai Hope On Wheels, please visitwww.HyundaiHopeOnWheels.org.
HYUNDAI HOPE ON WHEELS
Hyundai Hope On Wheels® is a 501(c)(3) nonprofit organization that is committed to finding a cure for childhood cancer. Launched in 1998, Hyundai Hope On Wheels provides grants to eligible institutions nationwide that are pursuing life-saving research and innovative treatments for the disease. Primary funding for Hyundai Hope On Wheels comes from Hyundai Motor America and its more than 800 U.S. dealers. At the end of its 15th year, Hyundai Hope On Wheels will have awarded more than $72 million towards childhood cancer research in pursuit of a cure.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 820 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle limited warranty, Hyundai’s 10-year/100,000-mile powertrain limited warranty, and five years of complimentary Roadside Assistance. Hyundai Assurance includes Assurance Connected Care that provides owners of Hyundai models equipped with the Hyundai Blue Link telematics system with proactive safety and car care services complimentary for three years. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and in-vehicle service scheduling.
For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com
The W.K. Kellogg Foundation (WKKF) today announced a $5 million investment to identify and cultivate innovations in the growing field of family engagement that support children’s educational success from birth to 8 years old. Organizations that have developed effective family engagement models that address obstacles faced by low-income families are encouraged to send initial submissions for possible funding of up to $500,000 for one to three years.
WKKF defines family engagement as a shared responsibility of families, schools and communities for student learning and achievement. It is a continuous process from birth to third grade and beyond that occurs across multiple settings where children learn. The foundation seeks to support and expand on-the-ground family engagement efforts that include program design and implementation, service delivery and/or policy development and implementation.
Qualified organizations may submit one initial submission on which they are the lead applicant. Proposals that outline effective teaching strategies, work to align early childhood systems in their communities and focus on building family economic security as they connect to strong family engagement in education are strongly encouraged.
“Our goal is to shift the paradigm for people to see that families – particularly those that have been marginalized by racial inequities – possess numerous skills that must be recognized and supported to help children succeed,” said Carla D. Thompson, vice president – program strategy for WKKF. “We believe that supporting family leadership development and organizational capacity to act as partners between school and family can transform the early childhood education system.”
How to Apply
Public entities or nonprofit organizations that are tax-exempt under Section 501(c) (3) of the Internal Revenue Code and can demonstrate the fiscal capacity to manage the funds should apply online. Applications are due by Sept. 23, 2013. If selected, applicants will be asked to provide a full proposal in October 2013, and will receive guidelines upon selection. Selected grantees will be notified of their awards in December 2013.
Santa Monica, CA – August 26, 2013 – The Call of Duty Endowment today announced it has joined with Deloitte to create a unique annual Call of Duty Endowment ‘Seal of Distinction’ award program that will highlight nonprofit organizations that have proven to be the most effective and efficient at placing veterans into high quality careers.
The Call of Duty Endowment is a private nonprofit foundation that supports groups placing former service members into high quality careers and raises awareness of the value veterans bring to the civilian workplace.
Dan Goldenberg, Executive Director of the Call of Duty Endowment, said, “Our goal at the Endowment is to invest in groups that have demonstrated exceptional effectiveness at placing veterans into high quality careers. Our new ‘Seal of Distinction’ opens the door to give the best organizations an opportunity to showcase their success and access more resources.” Recipients of the Call of Duty Endowment Seal of Distinction will receive an unrestricted grant of $30,000 with potential for more extensive restricted grants from the Call of Duty Endowment.
The call for submissions is now open and organizations may apply for the Call of Duty Endowment ‘Seal of Distinction’ through September 27, 2013 by completing the application at www.CallofDutyEndowment.org.
While seeking applications from new organizations, the Endowment announced that several organizations would be designated as Original ‘Seal of Distinction’ recipients. The first of these organizations to be announced is the US Chamber Foundation in Washington, DC. The Chamber Foundation has already withstood a thorough analysis to certify their effective, efficient service to our veterans.
Eric Eversole, Executive Director of the Chamber’s Hiring Our Heroes program – one of the original Call of Duty Endowment ‘Seal of Distinction’ recipients – stated, “Since our inception in 2011, the U.S. Chamber has prudently spent our donors’ investments to create as many jobs as possible for our veterans. We are proud to receive The Call of Duty Endowment’s ‘Seal of Distinction’ as further proof that we stretch every dollar to make the biggest impact.”
Nominees for the Call of Duty Endowment ‘Seal of Distinction’ must, as a minimum:
– Be a charitable, non-profit, with 501(c)(3) status
– Have a mission that incorporates directly assisting unemployed veterans in finding jobs
– Complete our application and, should they be selected as a finalist, submit to verification
Important criteria for selection include the number of veterans placed in jobs, average cost-per-placement, and a profile of typical veterans served, among other categories.
*Note: Rules for participation can be found at www.callofdutyendowment.org.
The Call of Duty Endowment will select a slate of finalists, and will be assisted by Deloitte who is working with CODE on a pro bono basis.
“We are pleased to join with the Call of Duty Endowment in honoring these organizations that help our veterans translate their military skills and experiences into high quality careers,” said Kelvin Womack, lead client service principal for the Federal Health practice, Deloitte Consulting LLP. “Deloitte values the dedication and sacrifice of our nation’s veterans. Whether through collaboration with organizations like CODE, our recent pledge to support the President’s Joining Forces initiative, or through our IMPACT Survey research insights into job strategies for returning military veterans, Deloitte is committed to supporting the transition from military service back to civilian life.”
(ORLANDO) — UCF’s burgeoning entrepreneurial support system has added a key component – an initiative dedicated to supporting qualified early stage companies with financial capital.
Over the last year the Florida Angel Nexus (FAN) network has been quietly lining up accredited investors and promising early-stage companies and has succeeded in closing three deals, on target to meet its goal of investing $1million in early stage companies in FY 2013.
Michael O’Donnell, executive director for the UCF Center for Innovation and Entrepreneurship and founder of the FAN, says the initiative not only fills a significant need at UCF, it has the potential to help bring additional investment into the state.
“This is a new and exciting era for job and wealth creation. The number of growth companies and the amount of available resources are both on the rise,” O’Donnell said. “There are many people working to close the known gaps. The resulting opportunities that this creates for everyone involved will be substantial,” he added.
While FAN works with UCF’s entrepreneurial network to identify and cultivate promising companies, it is also a member of the Angel Capital Association Southeast Syndication Network, giving it the ability to connect its best investment opportunities to capital from South Florida to Tennessee.
The companies presented to investors are vetted by FAN advisors and are presented in a consistent format for individual evaluation. Companies do not need to have a UCF connection; however many in the early pipeline have taken advantage of UCF’s suite of services for entrepreneurs, said Blaire Martin, FAN’s Coordinator.
Most members of FAN’s Investment Group are experienced entrepreneurs, investors or seasoned executives. “It is great to have such a diverse group of successful people, because members typically have area expertise that aligns directly with potential investment opportunities,” said Martin. FAN is recruiting additional angels to enhance this strength.
FAN’s largest investment to date was into AZZLY, a company based in Vero Beach, that delivers web-based patient care and revenue management services to small and mid-sized doctor’s offices and health providers. AZZLY recently won best pitch at the Florida Venture Forum’s 2013 Early Stage Venture Capital Conference and was a client of UCF’s GrowFL economic gardening program.
“AZZLY was attractive to FAN because of the company’s market and user-friendly technology platform,” said Martin. FAN helped the company to identify additional markets and develop a strong sales strategy.
FlexReceipts, another FAN investment, participated in the Igniting Innovation Thorpe Capital Acceleration Network, as part of the 2012 Cleantech to Spacetech multi-showcase event, in partnership with the Florida Cleantech Acceleration Network (FL-CAN). The company offers consumers and vendors an online receipt management system that eliminates the need for paper. Retailers are interested in the product because it also offers analytic data on customers’ buying patterns and targeted direct marketing options.
The latest FAN investment was with ConvergTV, a UCF Business Incubation Program client. ConvergTV offer consumers the ability to choose customizable television content created by independent producers seeking to monetize their quality content through the company. ConvergTV recently announced a partnership with Vidora, a mobile video aggregation service, to offer programming live and on-demand on mobile devices.
Early-stage companies that have revenue and aggressive plans to scale can learn more and apply to FAN through the website. Once a company begins the application process, they can potentially gain access to the UCF Mentor Network. FAN’s advisors and community partners can also assist companies to research their markets, refine their plans, align pro forma financials, define their financial/intellectual capital needs and perfect their pitch, as well as to develop a cohesive presentation to potential investors and/or strategic partners.
In addition to qualified scalable companies, FAN is seeking accredited investors, mentors, and investment groups. For more information visit floridaangelnexus.com, email info@FloridaAngelNexus.com or call (407) 716-8563.
About Florida Angel Nexus (FAN): The Florida Angel Nexus (“FAN”) is a state-wide network of investors and investment groups. FAN’s mission is to connect qualified companies with aggressive growth plans to investors from the Florida community. FAN focuses on businesses that already have some proof of concept and revenues but assists all applicants with resources to eliminate obstacles for growth. The objective is to achieve higher returns with less risk than typical angel groups by combining Florida’s community resources, including the vast university systems, with the business acumen of FAN’s members and partners. The group strives to improve Florida’s funding environment to become a prominent investment corridor that attracts and retains the best talent and high paying jobs for our state. www.floridaangelnexus.com