Tuesday, February 11, 2020

US Capital Global Business Credit Income Fund Launches Capital Raise in Fourth Year of Performance

Private investment fund providing direct loans to highly promising businesses publishes performance figures over the past three years and initiates capital raise efforts.

San Francisco, California, USA., February 12, 2020 -- US Capital Global’s registered broker dealer affiliate, US Capital Global Securities LLC, today announced the launch of a major new fundraising campaign for the group’s US Capital Global Business Credit Income Fund LP (the “Credit Fund”). The Credit Fund, which aims to provide attractive risk-adjusted returns for its investors, redeemable in cash every quarter, has delivered an average rate of return net of management fees and expenses of 12.5% per annum over the past three years, with no down quarters to date.*

Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, investment management, and capital formation services. The firm provides sophisticated debt, equity, and investment products to lower middle market companies and investors, using the latest FinTech and RegTech innovation.

Founder and Managing Partner Jeffrey Sweeney’s aim in creating the Credit Fund was to deliver attractive risk-adjusted returns to its Limited Partner investors, primarily by providing direct senior loans to highly promising small and medium-sized businesses (SMBs). The Credit Fund is managed by the firm’s private investment and asset management division, US Capital Global Investment Management, LLC.

“The Credit Fund especially targets SMBs in excellent financial condition that regulated lenders are unable to finance, primarily because of regulatory banking constraints,” said Sweeney. “I am delighted that the opportunity to participate in the Credit Fund is now open widely to eligible investors and to RIAs acting on behalf of their clients through our own newly enhanced digital investment platform at www.uscgs.com.”

About the Credit Fund:
US Capital Global Business Credit Income Fund LP targets established businesses with annual revenues of up to $100 million and with EBITDA of $500,000 to $10 million. The General Partner believes that this segment continues to be underserved by traditional lending sources. The Credit Fund aims to capitalize on what it believes is a very strong lending opportunity by making short to medium-term direct senior debt investments, with the average lifetime of loans expected to be 36 months. The Credit Fund’s asset-based collateral management approach and in-depth underwriting analysis allow it to offer “middle market” customized financing solutions to smaller businesses, thereby providing creative capital to propel these businesses into their growth curve.

To learn more about the Credit Fund or this investment opportunity, email Pat Steele at psteele@uscgs.com or call +1 415-889-1025.

All performance figures of the Credit Fund are unaudited and have been determined by the General Partner from data available to it. Performance results represent fund-level returns and are not an estimate of any specific investor’s performance, which may be materially different depending on entry times and other circumstances. Returns shown also do not reflect taxes that may be paid by the partners on their income and/or gains. Performance results represents actual returns from Q1 2017 to Q3 2019, with 2019 performance to date annualized. Net returns are calculated on deployed capital only, and not on capital that may be held from time to time in the Custodial Account. All investments involve risk, including the loss of principal. Past performance can be no guarantee of future results.
Agadir, An Integrated Economic Hub and Locomotive for the Entire Region

In the framework of the Industrial Acceleration Plan launched in 2018, the King of Morocco inaugurated the City of Innovation and launched the Agadir urban development program.

Berlin, Germany., February 11, 2020 -- In the framework of the Industrial Acceleration Plan launched in 2018, the King of Morocco inaugurated the City of Innovation and launched the Agadir urban development program (2020-2024) to make of the entire region an integrated economic hub.

The Innovation city will create jobs for young people and ensure the service of citizens. The urban development program, on the other hand, aims at consolidating the city's positioning and strengthening its attractiveness, improving human development indices, promoting the living conditions of the population, particularly the inhabitants of under-equipped neighborhoods, strengthening basic infrastructure, and consolidating the city's road network for better mobility.

The City of Innovation provides the Region with a technological infrastructure, encouraging entrepreneurship and the creation of innovative start-ups, the exploitation of the results of scientific research for the benefit of the economic sectors and industrial ecosystems of the Region and the transfer of technology and rapprochement between companies, R&D  structures and laboratories for "Identification and analysis of natural entities", "Biotechnology and health", "Residue analysis", "Climate change and sustainable development", "Water, energy and renewable energies" and "LAB industry".

This pilot project is equipped with new-generation platform including the installation of twenty structures, including 14 start-ups, three clusters (Agadir Haliopôle, Agrotech, Logipôle) and three support structures (Réseau Entreprendre-Agadir, Associations initiatives Souss-Massa, X-HUB).

In addition to the City of Innovation, the Industrial Acceleration Plan provides for the creation of a Technopark intended for SMEs and start-ups in the information and communication technologies sector. The construction works of this Technopark are in progress and the major works have been carried out at 95./.

The first phase of this zone is expected to provide investors with infrastructure that meets international standards and is competitively priced. Land is already allocated to 3 industrial projects totaling 2,016 direct jobs and an investment of MAD 461 million. It will be adapted to the service of investors and entrepreneurship, are being deployed and represent an overall land base of approximately 380 ha, including 305 ha for the Industrial Acceleration Zone.

This Industrial Acceleration Zone will also benefit from the North-East bypass expressway project, which will be carried out within the framework of the urban development program of the city of Agadir 2020-2024. This road will enable a direct link to be created between the Agadir-Al Massira airport, the Industrial Acceleration Zone and the port of Agadir. The industrial infrastructure will in particular be strengthened by the development of an integrated industrial park.

211 industrial projects are being monitored, with a total projected investment of 8.2 billion MAD, ensuring 29,222 direct jobs. 187 projects are either operational, being implemented or relocated to the new developed areas. They will create 19,346 direct jobs, i.e. 81 % of the targeted objective.

The Agadir region is currently witnessing the implementation of several structuring projects, especially those under the regional Program for the reduction of territorial and social disparities, the Industrial Acceleration Plan, as well as those of the agriculture, tourism and social and solidarity economy sectors.

Friday, February 7, 2020

Cannabis Therapy South Africa Launches in Europe and America

Cannabis Therapy South Africa an established medical cannabis supplier  recently announced that their products are now available in Europe and America. Cannabis Therapy has recently opened a depot in Poland that will service existing clients in Europe and will start branching into America. Cannabis Therapy is excited by the fact that they have secured excellent quality oil and can also offer competitive wholesale options to interested parties.

Opole, Poland., February 8, 2020 -- Cannabis Therapy South Africa announces that they have opened up a distribution Centre in Opole Poland in February 2020. This Centre is now open and servicing clients throughout Europe and America.

Cannabis Therapy South Africa is an established player on the South African medical cannabis space. Cannabis Therapy started producing medical grade oils, capsules and topicals about 8 years ago and have since grown into a national company that serves approx 4000 patients a month. Cannabis Therapy South Africa has now expanded to Europe and through strategic partnerships, opened a distribution hub in the city of Opole, Poland. From this location, the company plans to service clients in Europe and America.

Cannabis Therapy South Africa has appointed a country manager who will now oversee the growth of their international presence. Cannabis Therapy is now able to offer affordable quality Co2 extracted oils at wholesale rates and white label options exist for interested resellers. Cannabis Therapy will expand into retail and online stores and focus on supplying excellent quality products at prices that the average person in the street can afford.

Cannabis Therapy believes that this expansion will help to grow awareness of the amazing health benefits that cannabis oils possess. Interested parties who would like to know more about Cannabis Therapy's product range are welcome to get in touch.

Website: https://www.cannabistherapy.co.za/

Thursday, February 6, 2020

Corono Virus Epidemic Control Hackathon Competition at Thomas Edison Energy Smart Charter School

Hackathon competition to find innovative solutions for controlling epidemics like Coronaviruses, SARS, MERS, Ebola, and Zika organized by Somerset, NJ based Thomas Edison Energy Smart Charter School.

SOMERSET, NJ., February 6, 2020 -- Thomas Edison Energy Smart Charter School announces hackathon Competition on Feb,09, 2020 to find innovative solutions for controlling breakout of epidemics like Coronavirus, SARS, MERS, Ebola, and Zika and control the spreading of these deadly diseases. Students from grades 6th -12th can win prizes by pitching their smart ideas to identify the next breakout and control the spread of another epidemic or pandemic. Students are given an opportunity to stop these viral diseases and save thousands of lives. The Thomas Edison Energy Smart Charter School (TEECS) is a Somerset, NJ based tuition-free public school focused on green/renewable energy.

Governments around the world are realizing the need for a collective and coordinated defense against these epidemics. International bodies like WHO and Red Cross are engaged in revision of the International Health Regulations, treatments and protocols to tackle emerging public health threats. Public awareness, co-operation and active public participation is important for controlling and eradicating these deadly disease. The idea of this program is to encourage bright young minds to find smart innovative solutions to control the spread of these diseases. It is a wonderful platform for young students with open minds to present their ideas for fighting global public health crisis.

Surveillance of emerging infectious diseases is vital for the early identification of public health threats. Emergence of novel infections is linked to human factors such as population density, travel and trade and ecological factors like climate change and agricultural practices. A wealth of new technologies is becoming increasingly available not only for the rapid molecular identification of pathogens but also for the more accurate monitoring of infectious disease activity. Web-based surveillance tools and epidemic intelligence methods, used by all major public health institutions, are intended to facilitate risk assessment and timely outbreak detection.

Another Ebola epidemic, another plague epidemic or a new influenza pandemic are not mere probabilities, the threat is real. Whether transmitted by mosquitoes, other insects, via contact with animals or person-to-person, the only major uncertainty is when and where they, or a new, but equally lethal epidemic, will emerge. This hackathon invites students to work together to find innovative solutions to identify these problems and control the spreading of these diseases.

Event:

4 min pitch + 2 min Q&A
We recommend:

~1 minute: background and presentation of unmet need
~2 minutes: description of the proposed product/solution
~1 minute: an explanation of usage and how it will work: In the interest of time, not all team members need to speak.

Judging Criteria

20% HEALTH IMPACT: Clear statement of compelling and unmet healthcare needs.
20% INNOVATION: Solution demonstrating understanding of clinical and other stakeholder needs.
20% PRODUCT/SOLUTION: Progress in generating data, prototype, or user interface during the weekend.
20% PRESENTATION: Presentation WOW factor, staying on time, diversity (of skills) of the team.
20% EFFECTIVENESS OF YOUR SOLUTION: Can our solution really solve the problem

Awards: Grand Prize: $100.00 , Runner-up: $75.00 , Audience Choice: $50.00

Students from grades 6th -12th are eligible to participate. The presentation can be made only through PowerPoint. Final presentations to be sent by 2:00 pm Sunday to hackathon@energysmartschool.org. Cost of $10:00 charged at the door, two slices of pizza and bottled water will be served for lunch. 

Note: Participants must bring their own laptop and materials to make their product. No electronic kits will be provided.

Timings:
8.30AM-9.00AM - Registration
9.00AM-9.30AM - Pitch the ideas
9.30AM-10.00AM -Team formation
10.00AM-2.00PM - Working on ideas
2.00PM-3.00PM - Presentations and judging
3.00PM-3.30PM - Award ceremony

To join, please RSVP to the link below:
https://forms.gle/F4m6NXyjqMiGTUo88

For more details visit
https://www.teecs.org/2020/01/31/hackathon-competition-corona-viruses-control-feb-9th-900-am-sunday-thomas-edison-energysmart-charter-school-join-us/#

About TEECS:
The Thomas Edison EnergySmart Charter School (TEECS) is a tuition-free public school and the first K­-12 School in the state of NJ to focus specifically on green/renewable energy. TEECS’ mission is to offer a safe, secure, structured and stimulating educational environment to develop students’ academic, technical, personal, and critical thinking skills necessary to meet the standards that will enable them to succeed in a global economy, predicated on knowledge and innovation. TEECS accepts students from three area school districts including Franklin, North Brunswick and South Brunswick Townships.
Rapidly Growing Local Business Purchases New Corporate Headquarters

Go-Forth Pest Control purchased its new corporate headquarters in Greensboro, NC. The 61-year-old third generation family-owned company will be relocating its corporate team and its entire Triad service branch from High Point to the new 24,000 square foot location.

Greensboro, NC, USA., February 6, 2020 -- Last Friday (January 31), Go-Forth Pest Control purchased its new headquarters at 4260 Piedmont Parkway in Greensboro.

The 61-year-old third generation family-owned company will be relocating its corporate team and its entire Triad service branch from High Point to the new 24,000 square foot location. Currently, the company uses its 6,000 square foot Elm Street headquarters for its Corporate and Triad pest control service team, and its Triad termite team operates out of a warehouse on Nuggett Rd.

Go-Forth has worked out of the Elm Street location since 1980. In 2018, the company bought a new lakefront office in Mooresville for its Lake Norman branch and in 2019 purchased a new office for its Charlotte branch on David Cox Rd.

“Our team has been on the lookout for a new headquarters for quite some time,” explains Chase Hazelwood, owner and CEO. “Our growth means we need the additional space, of course, but also, our company culture has evolved a lot over the past several years and we wanted a space that reflects that new culture.”

Hazelwood says the new space will allow the entire corporate and Triad teams to now be under one roof, and it will feature a larger break room and multiple collaboration spaces. Those features, along with sufficient parking for the company’s entire fleet, will allow for larger on-site group meetings and parties which the company currently has to hold off-site. Hazelwood also anticipates the more modern feel of the new office and its location near the Greenway and restaurants will help retain and attract top talent to the company, which he says is always hiring. “This purchase will allow us to add to our team. We plan to hire 30% more local employees now that we have adequate space for them to work effectively,” he says.

“The energy amongst our team right now is electric!” says Leah Hazelwood, Vice President. “Everyone is proud of the success we’ve achieved together over the past several years, and now we get to visibly communicate that to our community by making a huge upgrade in our facility. Our hard-working team deserves the best workspace possible.”

Ben Kiefer, who serves as the company’s Facility Manager and Triad Regional Manager, is serving as project manager for preparing the space for an anticipated March move date. Kiefer says there are plans for lots of unique improvements to the space. “I don’t want to ruin any surprises, but our team is going to be really impressed with the vision we have for this space and the perks that will come with it!”

Go-Forth Pest Control was founded in 1959 in the North Carolina Triad. It has now grown to have branches in the Triad, Lake Norman, Charlotte and Raleigh. It is a family owned business now with its third generation owner. Go-Forth’s mission is to be people-focused in they do, and by holding themselves accountable to the highest standards of service and professionalism, they will foster the growth of their team and their business. They will be a modern, innovative industry leader with the personal touch of a local, family-owned company. Go-Forth is home to seven NC Statewide Technicians of the Year. The company  is also a Family Business Award winner, a Triad Best Places to Work winner, a PCT Top 100 company, a NC Triad Fast 50 company, and an Inc. Magazine Fastest Growing Company in America. http://Go-Forth.com

Aout Go-Forth Pest Control:
Go-Forth Pest Control was founded in 1959 in the North Carolina Triad. It has now grown to have branches in High Point, Lake Norman, Greensboro, Asheboro, Winston-Salem, Salisbury, Lexington, Raleigh, Wilmington and Burlington. It is a family owned business now with its third generation owner. Go-Forth strives to have profound professionalism and customer service that makes customers, employees, and the community proud to be associated with Go-Forth Pest Control. It is home to the 2009, 2010, 2012, 2013, 2014, 2015, 2016 NC Statewide Technicians of the Year. Go-Forth is the only company in the state to be recognized with that track record.

Tuesday, February 4, 2020

US Hiring of College Grads Now at Record Pace

Entry Level Hiring Up 5.5% in 2020, Best Entry Level Job Market of All Time

Seattle, February 05, 2020 -- With new stock market highs, unemployment at the lowest rate in almost 50 years along with unprecedented job growth, 2020 is turning out to be a great year to be a new college graduate. According to the results of a new entry level hiring survey of large US employers, hiring of new college grads in 2020 is up 5.5% over the previous year. CollegeGrad.com released the results of its Top Entry Level Employers survey today, with more than 400 employers making the list.

“This is another very positive sign of the vigorous economy and how it benefits college students and recent grads,” said Brian Krueger, CEO of CollegeGrad.com. “This has created a true seller’s market for college students graduating in 2020, with more jobs than ever available for new graduates.”

The full survey results of the Top Entry Level Employers are now available online at CollegeGrad.com/topemployers. The list includes employer detail pages displaying projected entry level and intern hires for 2020 along with direct links to the careers page, college page and internship page at each employer’s website.

The #1 entry level employer in the US is Enterprise Rent-A-Car, with 8,500 planned entry level hires in 2020. “This is one of the most competitive job markets we have seen in over 20 years,” said Enterprise Holdings’ Vice President of Talent Acquisition Marie Artim. “Because we empower employees to become our future leaders by promoting from within, we continue to need to hire college graduates into our Management Training program.

“The market demand for entry level candidates remains strong,” said James Powell, National Partner in Charge of Campus Recruiting and University Relations for KPMG. “At KPMG the trend continues to not only seek entry level hires in accounting, but also in engineering, information systems and informatics, computer science and data analytics. We have expanded our candidate profile to meet the evolving needs of our clients during this very robust entry level job market.”

Krueger noted, “Employers are now waging a true war for talent for entry level college grads. The peak economy has produced more job openings than there are students graduating to fill these vacancies. While the supply of new college graduates each year is fairly constant, the number of entry level jobs continues to increase. Something has to give. Employers are being more flexible in hiring and entry level salaries continue to increase at a rate higher than the rest of the job market. There simply are not enough new college grads to fill the open positions.”

About CollegeGrad.com:
CollegeGrad.com is the #1 entry level job site on the Internet and is the leader in the field of entry level job search since 1995. Brian Krueger is CEO of CollegeGrad.com, author of the best-selling book for entry level job search, College Grad Job Hunter, and former VP Global Talent Acquisition for Amazon.  Brian is available for interviews and additional quotes upon request.
US Capital Global Engaged by Holdun Family Office as Financial Advisor to $500MM Income Fund

San Francisco-based global private financial group provides advisory services to US mortgage-backed securities income fund located in the Bahamas.

San Francisco, California, USA., February 05, 2020 -- US Capital Global, the full-service private financial group headquartered in San Francisco, announced today that it has been retained by Holdun Family Office (“Holdun”) as financial advisor to the Holdun Income Fund Ltd (HOLDUNI:BM) (the “Fund”). The Fund, which has a strong track-record exceeding three years, is currently growing up to $500 million in subscriptions. Managed by Holdun, the Fund’s portfolio comprises primarily US mortgage-backed securities issued by the Government National Mortgage Association (GNMA).

Holdun has a proud heritage that can be traced back to Sir Herbert Holt, one of the most successful businessmen in Canadian history. During the height of his career, the Irish industrialist controlled some 300 companies on three continents worth over an estimated $3 billion. As Chairman of the Royal Bank of Canada, he increased assets fifteen-fold during his 26-year tenure. The Holt-Dunn family are anchor investors in the Fund, with some $100 million invested in the Fund.

“We are very pleased to embark on this promising new relationship with US Capital Global,” said Brendan Dunn, CEO at Holdun. “US Capital Global’s many years of experience in the industry, especially in guiding alternative private investment funds and offering capital formation services, will be immensely helpful to us as we expand the Fund to additional family offices and financial groups.”

“It is a real pleasure to be supporting Holdun Family Office as one of its financial and strategic advisors,” said Charles Towle, Managing Partner at US Capital Global. “Holdun Family Office has an excellent group of professionals and institutional support, and we are privileged to be a part of this first-class group. The Fund’s primary choice of investment, GNMA mortgage-backed securities, has provided stable returns post-2008 and is backed by the full faith and credit of the US government, as well as collateralized by underlying real estate assets. We believe the Fund has significant potential to scale and also to widen the scope of its portfolio, and to that end it is open to grow its base of financial partners.”

About Holdun Family Office:
Holdun Family Office (“Holdun”) is a Bahamas-based wealth management firm with over 300 years of combined industry expertise. Founded in Canada by the Holt-Dunn family, Holdun’s objective is to manage its clients’ wealth with intelligence and aligned interests, so that clients benefit from long-term growth. A consecutive three-year Business Vision awards winner, Holdun manages the Holdun Income Fund Ltd (the “Fund”), a private investment fund with a portfolio primarily in US mortgage-backed securities issued by the Government National Mortgage Association (GNMA). The Fund’s strategy therefore benefits from timely payments of principal and interest by the US government. www.holdun.com

About US Capital Global:
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com