Business, Free News Articles, Funding and Investment, Green Business

Oscilla Power, Inc. Announces Launch of MicroVentures Investment Opportunity

SEATTLE, Wash. -- Oscilla Power, Inc. is pleased to announce the launch of a private placement offering in accordance with Regulation Crowdfunding (Reg. CF) adopted by the U.S. Securities and Exchange Commission (SEC) through MicroVentures.

More information can be found at: https://app.microventures.com/crowdfunding/oscilla-power

Oscilla Power, Inc. is developing advanced technology to extract energy from ocean waves. They are developing the Triton and Triton-C wave energy converters that promise to substantially lower the cost of extracting energy from the ocean. The ocean wave energy market is projected to grow at a compound annual rate of 24% to over $15 billion by 2027.

Oscilla Power was founded in 2009 and has received over $20M in federal and over $5M in private funding to develop their technology. They are currently completing construction of their first commercial-scale system, the Triton-C, a 100kW wave energy converter which is expected to be tested in Hawaii next year. This system is currently being constructed in Seattle at the Snow & Company shipyard.

The Triton-C has been substantially funded through the US Department of Energy's Water Power Technologies office, who have committed over $5 Million to date towards the design, development and construction.

According to Oscilla Power's President, Balky Nair, "The bulk of the funds from this new Reg CF raise are intended to go towards completing the final outfitting and early activities towards deployment of the Triton-C in Hawaii."

Oscilla Power expects that the successful demonstration of the 100kW Triton-C wave energy system will be one of the last steps needed to commercialize their wave energy technology and will be a crucial stepping stone to prove the success of the 1 MW utility-scale Triton system in the coming years.

About Oscilla Power, Inc.:

Oscilla Power, Inc. is an ocean wave energy technology company that is developing an advanced wave energy converter aiming to unlock the tremendous renewable energy potential of the world's oceans. For more information, visit: https://oscillapower.com/.

About MicroVenture Marketplace, Inc.:

MicroVenture Marketplace ("MicroVentures") is a registered broker/dealer and member of FINRA and SIPC. MicroVentures offers the sale of private placements in early and late stage companies in various industries, facilitates secondary transactions in private companies, and serves as a crowdfunding intermediary in accordance with Regulation CF. For more information, please visit: https://microventures.com/.

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*Image caption: Oscilla Power are currently completing construction of their first commercial-scale system, the Triton-C, a 100kW wave energy converter.

Related link: https://oscillapower.com/

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Business, Free News Articles, Funding and Investment

Expert DOJO Invests $1.2 Million in Diverse Startups this June

SANTA MONICA, Calif. -- On June 3, 2020, Expert DOJO has announced that its current accelerator cohort has invested in 12 companies. Of 12 investments made, 9 are minority-led businesses, and of the same 12 investments, 4 have female founders.

Find out more about them in this blog post - https://expertdojo.com/weve-got-le-creme-de-la-creme-2020-startup-companies/.

Brian Mac Mahon, Expert DOJO's CEO said, "This is not just a question of fairness, it's a question of common sense. America is a diverse and creatively brilliant country and that is what makes it great."

Mac Mahon encourages all other Angels, Accelerators, Venture Capitalists and influencers in the startup world to make their scorecards public and welcome a new world of opportunity. "This is their chance to invest in a way that will make their children proud."

9 out of the 12 companies are waiting for other investors to follow in Expert Dojo's footsteps and help them raise their seed round of investment. "We really hope America will follow our movement," Mac Mahon said.

About Expert DOJO:

Expert DOJO is the fastest growing start-up community in Southern California based in Santa Monica. It helps early-stage startups through investment, foundation, showcasing, and influence.

Since 2014, It has worked with over 500 startups to accelerate their growth and success. Entrepreneurs love Expert DOJO and the power of our startup community. All entrepreneurs in its programs have agreed to support the whole community as they get stronger together.

Learn more at: https://expertdojo.com/

For additional information, please contact us at info@expertdojo.com

Expert DOJO social media accounts:
LinkedIn - https://www.linkedin.com/company/expert-dojo/
Instagram - https://www.instagram.com/expertdojo/
Facebook - https://www.facebook.com/ExpertDOJO/
Twitter - https://twitter.com/Expert_Dojo
YouTube - https://www.youtube.com/user/ExpertDOJO
TikTok - https://www.tiktok.com/@expertdojo.com?lang=en

Brian's LinkedIn - https://www.linkedin.com/in/brianmacmahon2/

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*Photo caption: Brian Mac Mahon, Expert DOJO's CEO.

Related link: https://expertdojo.com/

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Business, Free News Articles, Funding and Investment

Black-Owned Private Equity Firm Offers Zero-Percent Interest Loans to Businesses of Color Impacted by COVID-19, Civil Unrest

GREENSBORO, N.C. -- Today, North Carolina-based, black-owned private equity firm, Building Wealth & Communities (BWC) Capital, announced the launch of the BWC+invest Zero-Percent Interest Loan Program. Developed for small, emerging businesses of color across the country, the program will provide a minimum of $10,000 for businesses disproportionally impacted by temporary and permanent closures due to the economic downturn caused by the COVID-19 pandemic and civil unrest surrounding recent police brutality and racial bias cases.

Established in partnership with the Racial Equity Institute (REI), a Greensboro, NC-based alliance of racial equity trainers, organizers and institutional leaders, the program grants qualified borrowers three-years to repay the loan with an up to 50% loan forgiveness option.

"The Racial Equity Institute believes that we must begin taking stock of the glacial nature of racial disparities and economic inequity. Current approaches have been a bit anemic in response to the magnitude of issues at hand," said Deena Hayes-Greene, REI's co-founder and managing director. "The murder of George Floyd and the COVID-19 pandemic have presented us with indisputable evidence that the African American community suffers the greatest disproportionality of any group in this state, in this country."

Hayes-Greene adds, "While we will join the masses of people demanding systemic change, we will also join BWC in empowering ourselves and our community by putting our money where our mouth is. We encourage other organizations dedicated to building resilient communities of color to support our efforts to highlight the concerns for a broader approach to closing persistent racial gaps in our community."

BWC's goal is to deploy $10 million in loans over a five-year period to businesses of color. The firm has already committed $100,000 over five years towards the initiative and seeks to encourage single and multi-year investments from institutional investors, philanthropists, and the community-at-large.

"Since inception in 2005, BWC has helped to build financial strategies to ensure infrastructure improvements on black college campuses and access to capital for major projects and businesses in underserved communities of color to the tune of over $1 billion in transactions," said Bridget Chisholm, BWC's founder and managing partner. "We are proud of our accomplishments and economic impacts such as jobs created and Minority Business Enterprise (MBE) spending, but we know there is more to do. We refuse to stand by while communities of color collapse under the weight of business inoperability and racial inequities. The time is now, and we heed the call to act on behalf of black community growth and sustainability."

Qualifying businesses of color must have at least one year of operation, two or more full-time equivalent (FTE) employees and an established track record for producing enough cash flow (or a plan to re-establish it) to support loan repayment within a three-year period or to meet the requirements of the up to 50% loan forgiveness guidelines. Each application will be reviewed by a select community development committee within 72 hours of application submission. Loan approvals or disapprovals will be communicated to the applicant no later than seven business days after submissions.

"We believe our communities are in a state of emergency. Therefore, it is in the best interest of our program to work quickly to provide the capital needed to help businesses of color succeed," said Chisholm.

Application submission will open on July 1, 2020.

To donate or apply for the BWC+invest Zero-Percent Interest Loan Program, visit https://bwccapital.com/bwcinvest/.

About BWC Capital

BWC Capital, LLC is a private equity firm headquartered in North Carolina. In operation since 2013, BWC Capital was formed to address opportunities outside the scope of BWC Consulting, a boutique strategy and financial advisory consulting firm in existence since 2005, and in response to the insatiable demand and widening the gap for access to capital by emerging-and-growth-oriented businesses. To learn more about BWC Capital, visit https://bwccapital.com/.

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Related link: http://www.bwccapital.com

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Business, Free News Articles, Funding and Investment, General Editorial, NonProfit and Charities

Bunk 57 Ministries Receives a $40,126 grant to reshape the lives of Minority Young Men

CHARLOTTE, N.C. -- Bunk 57 Ministries has received a $40,126 grant from the Mecklenburg County Juvenile Crime Prevention Council to fund its Youth Discipleship Program for minority youth, young men ages 12-17.

Bunk 57 Ministries is a non-profit organization serving the metro Charlotte area. The "Youth Discipleship" program partners young men ages 12-17 with a mentor that will take them through a 12- month mentoring program with a holistic approach.

The JCPC Grant will be used to provide one on one mentoring including group growth sessions, community service projects and educational and social excursions.

"We are excited to expand our efforts to transform the mindset of young men headed down the wrong path. The JCPC grant helps with training materials and the resources and personnel needed to support both mentors and program participants. Our mentors will work with our young men to focus on their mental, social, emotional and spiritual well-being in addition to academia," says, Ira Lawrence, Founder of Bunk 57 Ministries.

ABOUT BUNK 57 MINISTRIES:

Bunk 57 Ministries diverts youth from the school to prison pipeline, provides faith-based media through hip-hop and cinema projects and advances successful re-entry using faith-based practices through education, training and discipleship.

Bunk 57 Ministries is seeking additional mentors to work with the young men accepted into the program and is accepting donations to assist with additional funding to include its Life Restoration and Hip-Hop and Cinema programs.

For more information on Bunk 57 Ministries and how you can support efforts to change lives, please visit https://www.bunk57ministries.org/ or call 980-553-0108.

Media Contact:
Ira Lawrence, Founder
Bunk 57 Ministries
980-553-0108
theword@bunk57ministries.org

Related link: https://www.bunk57ministries.org/

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Business, Free News Articles, Funding and Investment, Software, Sports and Activities

TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume

BOULDER, Colo. -- TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

TeamSnap supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 different sports and activities. Sport organizations, teams, players and families use TeamSnap's innovative technology everyday to sign up, schedule, communicate, collect payments and coordinate everything for the sports season.

"While this has been a challenging time for the collective youth sports industry, it is gratifying to know that investors are still bullish about our technology, market position and brand," said Dave DuPont, CEO and co-founder of TeamSnap. "Our customers have always genuinely cared about our product. Their loyalty is a testament to our continued investment in technology and our commitment to improving the customer experience. As sports activity continues to recover, this funding gives us liquidity and flexibility to further support our network of teams, sports organizations and brand partners."

The Boulder-based venture firm Foundry Group has been a lead investor for TeamSnap in previous funding rounds. Bolt Ventures joins as a new TeamSnap investor.

"TeamSnap has become synonymous with youth sports and is the top-of-mind platform for all teams and sports organizations," said Isaac Harrouche, Investment Principal, Bolt Ventures. "With sports activities set to return, we are thrilled to partner with TeamSnap and look forward to its continued growth fueled by its powerful brand and innovative technology."

About TeamSnap

Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Over 22 million coaches, administrators, players and parents rely on TeamSnap's powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit https://www.TeamSnap.com/.

Twitter: #YouthSports #SportsTech @teamSnap

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Advertising and Marketing, Business, Free News Articles, Funding and Investment

Structured Settlement Factoring Company Launches New Website to Better Serve Customers

NEW YORK, N.Y. -- Strategic Capital has launched a new website (https://www.strategiccapital.com/). With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.

They aim to help individuals and families learn not just about their service offerings, but also about the prospect of selling payments from any of the aforementioned products. On their new website, people can educate themselves about their options and what to expect of the process.

Strategic Capital has bought structured settlement payments, lottery winnings, investment annuity payments, IGT casino winnings, and other future payments for well over two decades. They are in a unique position to help their customers maximize their winnings and settlement payouts through well-structured transactions.

In fact, not only does the Strategic Capital team have years of experience buying structured settlement payments, but they also come highly recommended from some of the top lawyer associations across the country, including the Kentucky Justice Association, New Jersey Association for Justice (NJAJ), Tennessee Trial Lawyers Association (TTLA), National Association of Trial Lawyer Executives (NATLE), and the Consumer Attorneys of California (CAOC).

Micha Star Liberty, CAOC President 2020, says, "Strategic Capital has been thoroughly vetted by the board of CAOC and found to operate with integrity."

And Lynne M. Kizis, Esq., NJAJ President 2019, adds, "Unlike other firms in the industry, they are known for treating, with care and fairness, those with severe financial challenges arising after their case has settled."

With offices in New York and Los Angeles, Strategic Capital has originated over $1.5 billion in purchases. They have been buying lottery prize payments, investment annuity payments, structured settlement payments, and other future payments since 1994. Strategic Capital helps their customers by reviewing their finances and upcoming expenses. In this way, Strategic Capital is able to put together quotes and value calculations for customers to review. If the customer decides to move forward with selling some or all of their payments, Strategic Capital organizes their documents and sends them to the court. Once the application has been approved, they wire money to the customers directly.

Anyone interested in learning more about the services Strategic Capital offers and the processes involved with each can now find that information on their newly launched website: https://www.strategiccapital.com/

Strategic Capital, 575 Madison Ave Suite 1006, New York, NY 10022.

Related link: https://www.strategiccapital.com/

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Awards and Honors, Business, Environment and Ecology, Free News Articles, Funding and Investment, Green Business

Taylor Wilshire, CEO of the Wilshire Foundation receives ‘outstanding achievement’ praise from the United Nations

NEW YORK, N.Y. -- On March 3, 2020, the United Nations Economic and Social Council acknowledged the work that the Wilshire Foundation has done to support the UN's 2030 Sustainable Development Agenda, a blueprint for addressing poverty, inequality, climate change, environmental degradation, peace and justice.

Singled out for praise were the Wilshire Foundation's international microgrid communities that are aligned with the UN's sustainable development goals and also incorporate education, fair practices, health care, sanitation and micro businesses that transform struggling third world villages into thriving communities.

"We have a proud history of implementing policies and processes that support the tenets of the UN Global Compact in our microgrid projects around the world," said Taylor Wilshire, CEO of the Wilshire Foundation. "I am pleased to share our continued dedication to these important values with the public, and we look forward to making even more progress in the years to come alongside the United Nations and our fellow partners."

Recognizing that rural villages must develop and flourish without degrading the natural and cultural resources that sustain them, the Wilshire Foundation has worked for ten years to establish microgrid communities powered by a combination of traditional fossil fuels and wind, hydro, and solar power. This allows them to operate in tandem with central energy grids as well work independently and brings cost savings, lowered emissions, and increased reliability and resilience to underdeveloped areas.

But establishing sustainable energy sources is just one component of the Wilshire Foundation's international communities. Other initiatives include providing access to clean water, introducing organic farming practices and developing microbusiness.

CEO Taylor Wilshire recently commented on the mission of the Wilshire Foundation after being acknowledged by the UN's ECOSOC: "We create programs and invest in organizations that change the fabric of the planet by changing consciousness. Our microgrid communities are transformative and can lead us to uncover ways of addressing chronic environmental, social, and economic challenges."

Learn more at: http://wilshirefoundation.net/

Related link: http://wilshirefoundation.net/

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Business, Free News Articles, Funding and Investment

777 Partners Announces Acquisition of Uown Leasing

MIAMI, Fla. -- 777 Partners, a Miami based investment firm, is pleased to announce the acquisition of Uown Leasing ("Uown"), from Shepard Capital Partners. Uown, a lease-to-own company based in Tampa, was founded in 2008.

The company partners with retailers of durable consumer goods to offer a lease-to-own financing product as an alternative to traditional credit. Currently, Uown offers its product in over 450 locations across the United States, with a focus on retailers of furniture, bedding and appliances.

Under the terms of the acquisition, Uown Leasing will combine operations with Mollie Financial, 777 Partners' existing lease-to-own product, and operate solely under the Uown Leasing name going forward. Uown will utilize Mollie Financial's best-in-class technology, including its innovative merchant portal.

"We look forward to expanding Uown into a nationally recognized leader in the lease to own industry, and we think that 777 Partners and Mollie Financial are the ideal partners to fuel explosive growth," says Daniel Klein, the CEO of Uown.

"We are excited to add Uown to 777 Partners' portfolio of consumer finance companies. Daniel and team have a built a market leading platform and we look forward to contributing to the future growth of Uown," says Aaron Levy, Principal at 777 Partners.

About Uown Leasing

Uown Leasing operates lease purchase programs to select furniture and electronics retailers across the United States. The company was founded in 2008 and is headquartered in Tampa, Florida. Uown Leasing currently supports dealers operating in over 46 states. For more information, visit https://uownleasing.com/.

About 777 Partners

777 Partners is a Miami-based investment firm focused on a broad spectrum of financial services businesses across insurance, lending, specialty finance, and financial technology. Operating in attractive markets and often times esoteric asset classes, 777 seeks to make control investments across the business life cycle in companies with scalable profiles and ambitious management teams. 777 Partners senior management team is composed of industry veterans with backgrounds in private equity, venture capital, investment banking, insurance, financial technology, actuarial science, asset management, structured-credit, ABS, risk, analytics, complex commercial litigation and computer science. For more information on 777 Partners, visit https://777part.com/.

About Shepard Capital Partners

Shepard Capital Partners is a Florida based private equity firm focused on investment opportunities in the Southeastern United States. The firm invests in cashflow positive businesses where the primary constraint to growth is access to capital, and commercial real estate transactions which meet defined return characteristics. For more information on Shepard Capital Partners, visit https://shepardcap.com/.

MEDIA CONTACT:
Chris Reed
Shepard Capital Partners, LLC
creed@shepardcap.com
Phone: 404-643-1766

Related link: https://shepardcap.com/

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Business, Free News Articles, Funding and Investment, Reports and Studies, Software

MPI REPORT: Wide Range of Private Market Fund Returns Could Explain Ivy Endowments’ Lackluster Fiscal 2019 Performance

SUMMIT, N.J. -- Markov Processes International (MPI), a leading provider of investment research, analysis and reporting solutions for the global wealth and asset management industry, today announced the publication of its annual Ivy League endowment performance analysis for the latest fiscal year, "Measuring the Ivy 2019: Decoding the Performance Gap."

The report shows that the average Ivy endowment return for FY 2019 was just 6.7%, significantly underperforming a reference 60-40 domestic portfolio. Between the best performing Brown at 12.4% and Columbia at 3.8%, Ivies also experienced the second widest dispersion of returns in the past decade and saw a shift in the historical positioning of performance leaders (e.g., Yale and Princeton) and laggards (e.g., Harvard and Brown).

MPI uses endowments' annual return data and returns-based techniques to decode what may have happened in FY 2019 and suggests endowments' private market investments were the likely root of the year's anomalous results. MPI points to the fact that in a typical year the range of potential outcomes of private market investments is two- to three-times greater on both the upside and the downside versus a universe of U.S. equity mutual funds. Such dispersion in private market returns could explain both the lackluster returns of most Ivies as well as the wide range of results in FY 2019.

Report co-author Megan Woods, CFA, Director of Quantitative Research at MPI, said, "Even in the absence of considerable allocations to U.S. public equities and bonds, both of which had a solid year, the seeming inability of elite endowments' large exposures to private markets to push portfolio returns beyond their middling figures in fiscal 2019 is noteworthy and tells of the challenges in getting PE and VC investing consistently right. The range of outcomes of PE funds makes it very difficult to underestimate the risk in private equity relative to just looking at average returns shown by an index. In many years, more than 25% of funds have negative returns, even though the index may register a positive return in the double digits. We hope our report helps the many investors who are seeking to evolve the measurement of the performance and risk of their private market investment portfolios."

Michael Markov, MPI CEO and report co-author, stated, "This report offers a cautionary tale. Investors, both institutional and retail, are seeking greater access to the private market opportunity set - however, even the most sophisticated investors with access to elite managers aren't immune from potential performance downturns and can suffer in a year that was, on average, good for private markets. At a time when the amount of dry powder waiting to invest in richly valued markets sits near historic levels, it could be wise for investors to scrutinize private markets deals, managers and portfolios with renewed diligence using the latest quantitative tools."

For more information about the report or MPI's solutions, please email info@markovprocesses.com or call +1 908 608 1558.

About MPI
Markov Processes International (MPI) is a leading independent provider of quantitative investment research, technology, analytics and indices for the global investment management industry. MPI's flagship Stylus solutions are used by hundreds of firms to make smarter investment research, portfolio construction and optimization, performance analysis, risk surveillance, distribution and reporting decisions. MPI Stylus can be delivered as a desktop, enterprise-hosted or cloud-deployed solution. MPI's Enterprise Solutions team also offers customized configuration and implementation services to meet your organization's specific needs.

Follow us on Twitter @MarkovMPI, connect with us on LinkedIn and read the latest MPI research at https://www.markovprocesses.com/category/blog/.

Learn more at: https://www.markovprocesses.com/

Related link: https://www.markovprocesses.com/

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Business, Free News Articles, Funding and Investment, Hospitals and Nursing, NonProfit and Charities, Product Launches

CALNOC Announces the CALNOC Nightingale Research Fund: Raising Nursing’s Voice in Health Services Research

WALNUT CREEK, Calif. -- CALNOC is pleased to introduce The CALNOC Nightingale Research Fund, an innovative and opportune resource in health services research focused on and administrated by nursing. "We are excited to announce the Research Fund today in honor of Florence Nightingale and in celebration of the Year of the Nurse 2020. This fund will stimulate and support new research and clinical inquiry with emphasis on nursing's contribution," said Dr. Mary E. Foley PhD, RN, FAAN and Chairperson of CALNOC.

"This Fund will provide awards and matching funds to qualified individuals and non-profit institutions in support of clinical inquiry on nursing's contributions to improving clinical care of patients, population health management, staff engagement and satisfaction, and health care operations," added Tony Sung, Chief Executive Officer of CALNOC.

Each year CALNOC will commit substantial support to the fund and announce its research priorities for the current year. Individuals and non-profit institutions are encouraged to apply.

For more information, priorities for funding as well as application process, please go to our website at https://calnoc.org/.

About CALNOC:

Since 1996, CALNOC has been at the forefront of supporting inter professional, nursing focused patient care excellence, creating the first database registry of nursing sensitive quality indicators. As a health services research organization, CALNOC conducts and supports research and clinical inquiry with a focus on nursing's contribution to improving healthcare. Headquartered in Walnut Creek, California, CALNOC is a 501(c)(3) public benefit corporation.

For more information, call 833-225-6621 or visit https://calnoc.org/

Related link:

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