Tag: Million
BMO Commits $78 Million In Financing To Black-Owned Businesses
The Bank Of Montreal (BMO) has announced it will commit $78 million in financing to Black-owned businesses through a program called Business Within Reach. According to a BMO release, under the program, Black business owners and entrepreneurs can receive loans of up $196,000. The bank is also partnering with the Black Opportunity Fund to provide
Faropoint pays $8.3 million for EastPark building leased to Navy | Jax Daily Record | Jacksonville Daily Record
New Jersey-based real estate investor Faropoint paid $8.325 million for an EastPark Business Center warehouse recently leased to the U.S. Navy, said Colliers Senior Director Eric Bumgarner. The 65,806-square-foot structure was built in 1984 on about 6 acres at 11660 Central Parkway. Bumgarner said Jan. 3 the sale by Jacksonville-based Murali Holdings LLC to Faropoint
ISU small business center receives $1 million in federal grant money
TERRE HAUTE, Ind. (WTWO/WAWV) — The West Central Indiana Small Business Development Center, hosted at Indiana State University’s Scott College of Business in Terre Haute, Ind., announced Tuesday it has received a $1 million grant from the U.S. Small Business Administration’s Community Navigator Pilot Program. The grant will support the creation of the Intentional
Credlix acquires EXIM fintech start-up NuPhi; grows supply chain financing business to $100 million disbursal
© Provided by CNBCTV18 Credlix, the digital supply chain financing platform from Moglix, has entered the EXIM financing space, with its acquisition of NuPhi. The acquisition comes shortly after Moglix’s entry into the Middle East region. As Moglix continues to expand globally, it is focusing on strengthening its supply chain financing solutions to enable
City Gets $1.8 Million Grant For Minority-Owned Business Center
October 6th, 2021 at 01:00 pm The City of Albuquerque has been awarded a $1.875 million grant from the U.S. Department of Commerce Minority Business Development Agency (MBDA) to support the New Mexico MBDA Business Center. The center is located in Albuquerque and operated through the City’s Economic Development Department. The grant funding will help
Cloud-Based Business Analytics Software Market Predicted to Hit $57,055 Million by 2023
Allied Market Research Logo North America accounted for the highest revenue among the other regions. PORTLAND, OREGON, UNITED STATES, September 6, 2021 /EINPresswire.com/ — Rise in demand for business analytics software over cloud and increase in consumer awareness about the benefits of cloud-based business analytics software such as easy access to vital business metrics, higher
Women’s Business Centers Get $2.7 Million in SBA Grants
The Small Business Administration (SBA) has issued 14 grant awards to organizations across the US in a drive to improve delivery, training and support to women-owned businesses impacted by Covid-19. Each grant awarded equated to up to $200,000. They are part of the Women’s Business Centers (WBC) Resiliency and Recovery Demonstration Grant under the SBA’s
Nicholls receives $3.5 million grant to establish new business center
Nicholls State University has received a $3.5 million grant to establish a center that will help start-up businesses get established. Construction of the approximately 8,000-square-foot Bayou Region Incubator is expected to begin in the fall and will cost about $2.6 million, university officials said today. The center will be located at the same site as the
Wicker Announces $1.875 Million to Establish Business Center in Mississippi – Press Releases
JACKSON – U.S. Senator Roger Wicker, R-Miss., today announced the U.S. Department of Commerce Minority Business Development Agency (MBDA) awarded Tri-County Contractors, Inc. in Jackson $375,000 to launch a MBDA Business Center in Mississippi. The award, which will granted each year for five years, represents a $1.875 million planned investment in the state. The state has
Ex-Olympic ice skater charged with scamming US government out of $1.5 million in Covid relief money
Luka Klasinc, a former Olympic ice skater, has been arrested and charged with fraud (Getty) A former Olympic ice skater has been charged with defrauding the United States government of $1.5 million, the Department of Justice announced on Tuesday. The Manhattan US Attorney’s Office says Luka Klasinc, who competed for Slovenia at the 1992 Winter
Marcus & Millichap arranges sale of 271,008 s/f Vose Farm Business Center for $10.85 million on behalf of the seller, Juniper Advisory Services, LLC : NEREJ
Peterborough, NH Marcus & Millichap has brokered the sale of Vose Farm Business Center (VFBC), a 271,008 s/f industrial property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $10.85 million. Harrison Klein and Luigi Lessa, investment specialists in Marcus & Millichap’s Boston office, had the co-exclusive to market the property
Credit Suisse Gives USD 1 Million In COVID Medical Aid
Credit Suisse has extended USD 1 million (Rs 7.5 crore) to two non-profits to procure emergency drugs and other medical equipment in major cities to support India’s fight against COVID-19 that has killed nearly 2.75 lakh people and infected about 2.5 crore so far. The funds will be utilised to procure critical medical supplies, oxygen
Moglix latest to join growing unicorn list with $120 million from Falcon Edge
© M. Sriram Moglix latest to join growing unicorn list with $120 million from Falcon Edge Industrial goods marketplace Moglix has raised $120 million in a funding round valuing the company at a billion dollars, making it India’s latest unicorn and continuing the deal-making spree underway in the country’s internet startup space. The Series
Nintendo forecasts 25.5 million units in Switch sales for this business year
Nintendo Switch sales are on pace to reach 100 million units, and it will likely happen sometime this business year with a forecast of 25.5 million units by March 2022. Additionally, Nintendo expects to sell 190 million copies in software sales during the same period. Nintendo revealed in an earnings release for the fiscal year
Chicago company behind Catholic prayer app Hallow raises $12 million
The cash injection for the Chicago-based company was led by General Catalyst and was a big endorsement in the niche religious-app market that typically sees average investment sizes of $2 million, according to data from PitchBook and Crunchbase. Hallow is one of a handful of faith-based meditation and prayer apps that saw a surge in interest after
Tower Business Center in Aurora Sells for $66.45 Million
CBRE announced the $66.45 million sale of Tower Business Center, a fully leased, 423,000-square-foot warehouse distribution center in Aurora, Colo. Jim Bolt, Jeremy Ballenger, Tyler Carner, Jessica Ostermick and Will Pyke with CBRE Capital Markets represented the sellers, the Denver office of United Properties and Artis REIT. Everwest Real Estate Investors acquired the property in
Oxford Finance Leads $107 Million for Specialty Dental Brands
ALEXANDRIA, Va. & NASHVILLE, Tenn.–(BUSINESS WIRE)–Oxford Finance LLC, a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $107 million senior credit facility to Specialty Dental Brands a dental services organization focused on pediatric dentistry, orthodontics, and oral surgery. Proceeds from the transaction were
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