Hispanic Venture Capital Update

The funds will be used towards the construction of the first children rehabilitation center in San Antonio, Texas.

El Clasificado, EC Hispanic Media, Sunrider International and Northgate were proud sponsors and supporters of the “Last Mixter of the Year,” that took place on November the 21st, a generous event benefiting the Teletón USA Foundation. It was the good-hearted attendees who made it possible for El Clasificado to raise ,200.

Sunrider International, a manufacturing company of natural products with presence in over 40 countries in the world and more than 2,000 stores, was kind enough to lend their premises in Torrance, where the event took place.

Arturo Casas, El Clasificado’s Corporate Affairs Manager, was in charge of delivering excellent news for Teletón USA, as he was the one who handed the check. “El Clasificado and its media conglomerate became involved with this noble cause due to the excellent job the Teletón foundation has done in Latin America, México and now in the United States. Once I told Martha de la Torre, El Clasificado’s CEO, about this extraordinary project, she was eager to support it,” said Casas.

Noticeably thrilled due to the support received throughout the event, Liliana Macías, Fundraising Program Promoter for Teletón USA in California, thanked the attendees and sponsors for their interest in this special project. “We were not expecting to receive this check on behalf of El Clasificado. We greatly appreciate your donation. Thanks to donations like these and people like you, we will be able to open the first Teletón Children Rehabilitation Center in San Antonio, Texas,” she said.

Jonathan Beutler, International & Public Affairs of Sunrider International, said he felt honored to host an event looking to help children with disabilities. “We feel honored to support the Teletón USA Foundation. For years we have committed to improve the lives of everyone all over the world. Sunrider has been working hand in hand with the United Nations supporting different international projects that help out less fortunate children in diverse areas worldwide. It is a privilege to be with you tonight.”

Mr. and Mrs. Armendáris, parents of Belén (RIP) shared their testimony with the attendees as Teletón’s beneficiaries. “Although we think we have everything we need here in the United States, this country does not offer these types of services for children with disabilities. We had to go to México in order to help Belén with her therapy and even after her passing, we still contribute to the foundation as we do not want other parents to go through what we went through,” they said.

Such an event could not be completed without delicious food, this time courtesy of Manjar Peruano, Fernando’s Peruvian Restaurant and Sizzler, who were in charge of pleasing the attendees’ palates.

“The Great Hispanic Family United by our Children” was the slogan, with which the first Teletón USA took place on December, 2012. The goal was to reach 7 million dollars. However, this was surpassed as they raised 15.2 million.

On December 14th and 15th the Teleton USA 2013 is looking to raise a similar amount to last year’s. Funds that will continue to help children who are in need of rehabilitation.

About El Clasificado and EC Hispanic Media:

EC Hispanic Media is a Los Angeles-based company with headquarters in Norwalk, California. Through its flagship print product, El Clasificado, EC Hispanic media reaches 1,5 million Hispanics on a weekly basis. Its footprint extends from the Central Valley of California to San Diego and Yuma, Arizona with a distribution of 510,000. EC Hispanic media also owns elclasificado.com which generates over 18 million page views a month. EC Hispanic Media’s events division produces “Quinceañera Expo” which attracts 10,000 attendees annually, and the “Su Socio de Negocios” small business workshop series. EC Hispanic Media also reaches the bilingual Hispanic via its online property alborde.com and its “Día de los Muertos” (Day of the Dead) event in November.

About Teletón USA:

Teletón USA is a nonprofit organization looking to raise funds towards the construction of rehabilitation centers in the U.S. by organizing fundraising events. The mission of this organization is to promote human values and a culture that encourages social integration of people with disabilities. This initiative began on 2013 hosting charity events and raising over million. This funds were invested in the first children’s rehabilitation center in USA. For more information visit http://www.teletonusa.org.

Contact

Alicia García de Angela, Director of Events and Communications, mediarelations.elclasificado.com, 1-800-450-5852.


Posted On: Los Angeles, CA November 27, 2013

Hispanic Venture Capital Update

National Education Association launches grassroots campaign to Caribbeans and Africans with actor Idris Elba, Golden Krust CEO Lowell Hawthorne, Soca Queen Alison Hinds, VP Records, Atlanta Falcons’ Ovie Mughelli, and more.

Actor Idris Elba, Golden Krust Bakery Founder/CEO Lowell Hawthorne, New York Assemblyman Nick Perry, soca queen Alison Hinds, VP Records, Atlanta Falcons’ Ovie Mughelli, Joseph Addai of the Indianapolis Colts, Marlon Hill of the Jamaican Diaspora Southern U.S., Atlanta City Councilman C.T. Martin, Commissioner Dale V.C. Holness of Lauderhill, FL, and Senegalese rap group Gokh-Bi System have joined the National Education Association (NEA) in a groundbreaking URL campaign designed to strengthen relationships with the nation’s Caribbean and African communities. This campaign is entitled http://www.ILoveMyCaribbeanChild.com and

http://www.ILoveMyAfricanChild.com.

The NEA effort, entitled “I Love My Child,” is part of an overall grassroots outreach program targeting the nation’s ethnic minority groups, including Asian Pacific Islander, American Indian/Alaska Native, Black, Hispanic, and Caribbean and African communities.

“In our desire to achieve great public schools for every child, we must make building strong relationships and strategic partnerships with the ethnic minority community a top priority,” says NEA President Reg Weaver. “We recognize the Caribbean and African communities as a significant voice in the national dialogue on education.”

As part of the outreach, the NEA has partnered with respected individuals from the Caribbean and African communities who will act as campaign “ambassadors.”

“I think it is very important for us as parents to understand the public school system and know the people that are responsible for teaching our children,” says Elba “A better relationship with the administration will give the student a better future.”

“VP Records is truly proud to support the efforts of the NEA, and we are very excited to participate in the I Love My Child Campaign,” states Randy Chin, CEO of VP Records. “As a company with firm Jamaican roots, we recognize the importance of working with our community and its leaders, teachers and parents to ensure that all of our children receive the best education possible.”

The NEA will run a series of print, television and radio spots as well as host several Town Hall Meetings in New York, Atlanta and Miami . A website with the urls http://www.ILoveMyJamaicanChild.com , http://www.ILoveMyHaitianChild.com , http://www.ILoveMyTriniChild.com , and http://www.ILoveMyAfricanChild.com has been created to inform Caribbean and African parents about various public school issues, including English as a Second Language (ESL), parental involvement, and teacher quality.

“Public school education needs to be preserved because it still provides an essential foundation on which to build future leaders, provided that the resources are in place,” explains Hawthorne, a native of who started his Golden Krust empire in 1989. “All my children are the product of the public education system and they are well rounded individuals of whom I am very proud.”

The National Education Association is the nation’s largest professional employee organization, representing 3.2 million elementary and secondary teachers, higher education faculty, education support professionals, school administrators, retired educators and students preparing to become teachers

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Posted On: New York, NY August 30, 2007

Private Equity Advisor – The Greatest Consultant in Private-equity

One doesn’t know everything, especially when it comes to dealing with mind-boggling matters such as business and investment risks. However, the good news is, there’s no need to know everything. You just need to go to the right, experienced people for consultation, guidance and wisdom.

A private equity advisor may be an expert individual or a financial institution composed of senior investment professionals who can develop customized programs that address the needs of management committees, equity firms and corporate teams. Some of their services include the following areas:

Deal Management

Handling deals is very critical since it determines the existence of the company. If you’re not equipped with the right capabilities to manage it, a private equity advisor can assist you. He/she and the other consultants have adequate knowledge in looking for revenue-producing opportunities to sustain business operations. They can give effective information on where deals can be sourced out, how it can be structured, planned and schemed.

Due Diligence

Another aspect where an advisor can be of help is on the examination of financial transactions. His/her analytical skills can enlighten if you should push through an investment or back off from it because of its accompanying risks. Along with the team members, he/she may conduct painstaking research, thorough investigation and customer interviews for more reliable, practical and factual recommendations. He/She may consult industry experts within his/her wide network as well.

Portfolio Value Creation

Advisors can help the company create its own program based on its potentials.

This includes identification and discussion of long-term plans, top priorities, specific objectives and monitoring strategies. It will serve as the guide of the company’s daily operations and acquisition of general goals. They can also facilitate forums, seminars and workshops to help the management enhance the company’s portfolio.

Exit Plans

An investor can also help in coming up with an exit strategy. The transition from one’s ownership to another must be carefully planned to recover the invested capital. Whether it’s a trade sale or management or employee buyout, all areas must be evaluated to be able to come up with right decisions. Each growth opportunity should be identified and presented to the investors. Necessary legal papers must be prepared for documentation. If you’re planning to consult a private equity advisor, make sure that he/she acquires the necessary competencies that can help your business. Check his/her knowledge, experience and network. He/She must belong to a respectable consultation firm that has already dealt with various clients.

By:
Posted:

Is it hard trying to start a private equity fund?

let’s say you have 4 years experience in the private equity industry…would that be enough experience?…would it be hard trying to attract investors?

Chosen Answer:

Your résumé is nowhere near long enough to start a proper private equity fund. Look at http://www.merchantequity.eu because they are one of the top private equity funds in Europe I believe. The top people have had nearly 20 years each working in the financial sector, and even they have struggled through the recession.
by: Needtoknow
on: 31st March 10

Business Grant in Small-business

How can a person start a small business if he has a little resource to start with? Maybe you are asking if it is really possible to get a business grant. Stop yourself from thinking what is inside the box, try to expand your views and see what is outside the box. The small business grant that you needed may be available in your own home state. While the federal government doesnt provide a direct small business grants, but there are many state development agencies offering direct small business grants and other types of financial assistance made to help and give a hand in starting a small business or may be expanding it.
Some of the states in America offer small business grants. A small business financing incentives are an important piece of the economic growth plan of every state in the nation. Some of the small business financing incentives include financed rates on Small Business Administration loans, tax breaks and many other programs related to business grants.
SBA has been really committed in helping small businesses. It has developed a multiple number of financial programs that address the different request of small businesses.
So here are the things you needed to help you with your directions for business; business plan, budget, motivation and of course patience.
You really need to have a strategy in planning for your small business, in applying for business grants what you to show the grantor agency is that you have given some thought to your request for a grant and that is your top priority. That is why you really need to have a business plan.
You needed to identify a good and appropriate funding organization that can relate to the nature of your business. As what I have said earlier you can try to check first in your own state, also try to check local municipalities, your community and private foundations.
You need to make your business objective and activities familiar to the funding organization before suggesting any type of request or application for funds. Start a good relationship with the organization. Make use of any effective communications through phone calls, visitation or letters of inquiry to such organizations. Learn how to approach likely funders.
Provide a well written letter to the organization. Clearly state the objectives and intended results. Show them the budget for your business and some activities, Also try to include the strategic plan and provide the proposed budget for the use of grant funds.

By:
Posted:

Hispanic Venture Capital Update

NVCA and Dow Jones VentureSource Release 2011 Venture Census Data

The National Venture Capital Association (NVCA) and Dow Jones VentureSource today released the results of the 2011 Venture Census survey which examines the demographic composition of the U.S. venture capital industry. Among the findings are signs of increasing ethnic diversity, especially among newer professionals, an investor base comprised mostly of men, and a loyal and stable workforce as almost half the respondents expect to be in the same role at the same firm in five years.

“As the venture capital industry continues to contract and the number of professionals declines over the next five years, we could very well see more dramatic demographic shifts within the industry,” said NVCA President Mark Heesen. “The future composition will be predicated on a variety of market factors such as ongoing fund size, favored investment sectors, LP preferences, and public policy. Tax policy, immigration reform, the FDA approval process, and energy policy all will have some impact on where venture investment goes and who is doing the investing. Ideally, we would like to see a professional base that reflects the entrepreneurs in which we invest, one that is robust and diverse in terms of gender, ethnicity, nationality and age.”

Conducted for the first time in 2008, this year’s Venture Census comprised responses from nearly 600 professionals in both investment roles and administrative functions such as chief financial officers and marketing and communications professionals.

Gender Composition

While 79 percent of the survey respondents were male and 21 percent were female, women were less likely to hold investment roles. Of those who identified themselves as investors, 89 percent were male and 11 percent were female. In 2008, when measured slightly differently, 86 percent of investors were male and 14 percent were female.

The life sciences and clean technology industries had the highest percentage of women investors at 18 percent and 15 percent respectively. Information technology (IT) followed with women representing 12 percent of business-to-business IT investors and 11 percent of consumer IT investors. The lowest percentage of women investors was in the non-high tech products and services sector at eight percent.

Of those respondents who were administrative professionals, 62 percent were women and 38 percent were men. The CFO position was split nearly evenly, comprised of 53 percent women and 47 percent men.

The percentage of women in the industry was inversely proportional to the age ranges. Of respondents under 30 years old, 28 percent were women. Of those in their 30s, 27 percent were women; 40s and 50s, 22 percent; and over 60 years old, 13 percent.

Ethnicity and Nationality

The 2011 survey suggests that the venture industry is becoming more diverse, particularly among the newer professionals. Of the total 2011 respondents, 87 percent were Caucasian, nine percent were Asian, two percent were African American or Latino, and two percent were of mixed race. This compares to 2008 when 88 percent of all venture professionals were Caucasian, eight percent were Asian, and two percent were Hispanic and one percent were African-American.

Venture professionals who have been in the industry fewer than five years showed greater diversity: 77 percent were Caucasian, 17 percent were Asian, three percent were African American or Latino and three percent were of mixed race. In 2008, 82 percent of those with fewer than five years in the industry were Caucasian.

With regards to nationality, 95 percent of the 2011 respondents were American; two percent were from Europe, one percent from Canada and one percent from Asia. In 2011, 11 percent of the respondents immigrated to the United States, a drop from 13 percent in 2008.

Work Life

Venture capitalists say they work long hours and travel regularly. Forty-four percent of those in investment roles report working more than 60 hours per week and nine percent travel more than eight nights per month. Professionals in administrative roles log fewer hours with 13 percent working more than 60 hours each week and one percent traveling more than eight nights per month.

Venture professionals tend to remain loyal to their firms. Fifty-seven percent of respondents have worked at one VC firm and 30 percent at two firms. When asked where they expect to be in five years, 49 percent of respondents expected to be at the same firm in the same role, 16 percent expected to be at the same firm in a new role and 10 percent planned to be at a new role at a new firm. Eight percent of the respondents expect to be retired of which 83 percent were over 55 years old.

Stability within the venture capital workforce comes mainly from mid-career professionals with more of the youngest and oldest groups looking to exit the asset class. In the next five years, 27 percent and 46 percents of respondents in their 20s and over 60 years old respectively plan to leave the venture industry. These figures compare to 9 percent of venture professionals in their 30s who plan to exit the asset class, 13 percent in their 40s and 19 percent in their 50s.

When it comes to social media, venture professionals are most committed to LinkedIn with 85 percent identifying themselves as users. Sixty-two percent use Facebook and 30 percent use Twitter. While 33 percent read blogs, only 11 percent write them. Ninety one percent of blog writers are investors.

Eighty-one percent of respondents are married and 75 percent have children.

Education and Background

The top universities attended by the 2011 respondents were Stanford and Harvard (both at 10 percent), University of Pennsylvania (eight percent), University of California – Berkeley (five percent), MIT (four percent) and Duke, Northwestern, University of Michigan, Yale, and Columbia (each at three percent). In 2008 the top universities attended were Harvard (12 percent), Stanford (nine percent), University of Pennsylvania (eight percent), Duke (five percent) and MIT (five percent).

The most common undergraduate degree earned by the respondents was in economics at 21 percent, followed by business administration at 16 percent and mechanical or electrical engineering at 13 percent. Nine percent of respondents have PhDs and 70 percent have master’s degrees. The MBA is the most prevalent degree with 49 percent earning the distinction. In 2008, 64 percent of those surveyed had master’s or PhD degrees.

The survey showed that venture capitalists have diverse employment backgrounds. Fifteen percent of investors were once a CEO or founder of a venture-backed start-up and 14 percent were the CEO of a private (non-venture-backed) or public company. Forty-four percent were employees at public companies, 28 percent worked at private (non-venture-backed) companies and 25 percent worked at venture-backed startups. Twenty-six percent were consultants, 20 percent were investment bankers, nine percent were scientists and five percent were attorneys.

About NVCA

Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. According to a 2011 Global Insight study, venture-backed companies accounted for 12 million jobs and .1 trillion in revenue in the United States in 2010. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, NVCA serves as the definitive resource for venture capital data and unites its nearly 400 members through a full range of professional services. For more information about the NVCA, please visit http://www.nvca.org.

About Dow Jones VentureSource

The Dow Jones VentureSource database tracks the activity of private investment firms and venture-backed companies in all industries and stages of development, worldwide. For information, visit http://www.dowjones.com/privatemarkets/.

About Dow Jones

Dow Jones & Company is a global provider of news and business information and a developer of technology to deliver content to consumers and organizations across multiple platforms. Dow Jones produces newspapers, newswires, Web sites, apps, newsletters, magazines, proprietary databases, conferences, radio and video.  Its premier brands include The Wall Street Journal, Dow Jones Newswires, Factiva, Barron’s, MarketWatch, SmartMoney and All Things D. Its information services combine technology with news and data to support business decision making. The company pioneered the first successful paid online news site and its industry leading innovation enables it to serve customers wherever they may be, via the Web, mobile devices and tablets. The Dow Jones Local Media Group publishes community newspapers, Web sites and other products in six U.S. states. Dow Jones & Company (http://www.dowjones.com) is a News Corporation company.

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Posted On: Washington, D.C. November 21, 2011

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