CIT’s Virginia Founders Fund Invests in Card Isle to Innovate the Greeting Card Industry

Technology startup offers personalized and print boutique-quality greeting cards

Card Isle was founded in 2013 by three Virginia Tech engineering students passionate about making greeting cards more personal, accessible and fun!

www.cardisle.com
Card Isle was founded in 2013 by three Virginia Tech engineering students passionate about making greeting cards more personal, accessible and fun! www.cardisle.com
Card Isle was founded in 2013 by three Virginia Tech engineering students passionate about making greeting cards more personal, accessible and fun! www.cardisle.com
Card Isle
www.cardisle.com
Card Isle www.cardisle.com
Card Isle www.cardisle.com

Richmond, VA, Oct. 12, 2020 (GLOBE NEWSWIRE) — The Center for Innovative Technology (CIT) today announced that the Virginia Founders Fund (VFF) has invested in Card Isle, a Blacksburg, Va.-based technology company that is rethinking how greeting cards can be distributed in a changing retail landscape. Card Isle offers turnkey solutions to design, order, and print personalized greeting cards, and will use this capital from VFF to continue their rapid growth in the eCommerce gifting sector and develop new markets.

 

Greeting cards have a unique ability to connect people

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Cresset Diversified QOZ Fund Announces Loan Closing and Construction Start for Investment in Denver

CHICAGO–(BUSINESS WIRE)–Cresset Partners and Diversified Real Estate Capital announced today the loan closing and construction start for the Cresset Diversified QOZ Fund (“Fund I”) investment in the Residences at RiNo multifamily development in Denver, Colorado.

This investment marks the fourth joint venture between Cresset Diversified and Hines, representing over $750 million in opportunity zone developments around the country. Led by Cresset Diversified’s experienced team of real estate, private equity, tax, and legal professionals, Fund I invests in institutional-quality, core real estate development projects and focuses specifically on well-positioned urban neighborhoods in high-growth markets like Denver.

Residences at RiNo is a build-to-core multifamily real estate project located in North Wynkoop, a premier master-planned district and is the only available multifamily development site within the master plan which is located in a qualified opportunity zone, just north of Downtown Denver. The property will be an 11-story, mid-rise residential building with

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Business Development Fund set to reform financing policy for SMEs | The New Times

Reforms in the provision of credit guarantees by the Business Development Fund (BDF) are likely after the Parliament’s Public Accounts Committee (PAC) poked holes in the funding extended to Small and Medium Enterprises (SMEs).

During two virtual public hearings with BDF on the public finance mismanagement cases exposed by the Office of the Auditor General’s report for the 2018/19 financial year, PAC concurred with the AG that the Fund was not doing enough to support the growth of SMEs.

 

Yet, they said, large enterprises that are not eligible for BDF financing received support they did not deserve.

 

In the first hearing held on September 17, PAC was not satisfied with the explanations given by BDF officials for the mismanagement cases, prompting the committee to adjourn the session.

 

The hearing resumed on October 7 and lasted more than eight hours, during which more holes were poked in the way the

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International Monetary Fund (IMF) Staff completes Review Mission to Central African Republic

International Monetary Fund (IMF)
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The IMF team welcomes the progress made in the fight against the Covid-19 pandemic and the preparation of next December’s presidential and legislative elections; the pandemic and the containment measures have had a significant impact on growth, inflation, and public finances; the Central African authorities and the IMF team discussed a set of economic and financial policies necessary for the conclusion of the first and second reviews under the Extended Credit Facility. These discussions will continue over the next few days.

A team from the International Monetary Fund (IMF) led by Édouard Martin carried out a virtual mission from September 28 to October 9, 2020 to lead discussions as part of the first and second reviews of the Central African Republic’s economic reform program supported by the Extended Credit Facility.

At the end of the mission, Mr. Martin made the following statement:

“The IMF team welcomes the progress

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Big Idea Ventures, Ashika Group, GFI India team up to launch alternative protein fund and accelerator

Giving a boost to the growing alternative protein sector, global investor Big Idea Ventures (BIV), Kolkata-based financial services firm Ashika Group, and non-profit Good Food Institute India (GFI India) have joined hands to launch India Alternative Protein Fund and Accelerator.

According to the official statement, the BIV-Ashika India Alternative Protein Fund will launch an accelerator in 2021, which will support startups involved in innovative plant-based, fermentation-derived, and cultivated protein industries, with investments and mentorship to help them grow across the Indian and international market.

The alternative protein or ‘smart protein’ sector is soaring globally, with rapidly growing global consumption and billions of dollars in investments in companies such as plant-based meat and egg pioneers Beyond Meat and Eat Just, Inc. GFI India has undertaken research which underscores Indian consumers are primed to eat these foods in line with their global counterparts, particularly as the COVID-19 pandemic brings

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Business, community donations help Columbia County fund new K-9

$5,000 from Didion helps department meet $40K funding goal
Didion Representatives with a new K-9
Columbia County Sheriff’s Deputy Ron Stage, Captain Jason Kocovsky, Deputy Derek Jesko, and K9 Artus

Didion representatives: Derrick Clark, Mark Nehls, Riley Didion

PORTAGE, Wis. — The Columbia County Sheriff’s Office will be able to fund another K-9 team thanks to donations from the community, according to a news release.

Didion, a dry corn mill and ethanol-alcohol facility in Cambria, said Thursday it donated $5,000 to support the sheriff’s office efforts to add a fourth K-9 unit to their team. Didion said the donation helped push the sheriff’s office over its goal of $20,000, which also now allows for a $20,000 matching gift from an anonymous local business.

According to the release, the cost to purchase a police dog is about $40,000,

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