Petersburg man launches write-in campaign for Southeast state Senate seat

first_imgJuneau | Politics | Southeast | State GovernmentPetersburg man launches write-in campaign for Southeast state Senate seatOctober 4, 2016 by Joe Viechnicki, NPR Share:A Petersburg man is launching a write-in campaign for the state Senate seat for southern and central Southeast Alaska.Handyman Michael Sheldon wants to unseat incumbent Republican Bert Stedman of Sitka.Michael Sheldon, 60, has registered with the state Division of Elections as a write-in candidate for Senate district R, which includes Ketchikan, Wrangell, Sitka, Petersburg, Prince of Wales Island communities and many other small Southeast villages.Michael SheldonSheldon, a Republican, is challenging Stedman because of his vote this year on the Permanent Fund.Stedman voted in support of Senate Bill 128, which would have restructured the Permanent Fund, used some of the fund’s earnings to pay for state government and set the dividend check at $1,000 for the next three years.It passed the Senate in special session in June but did not pass the House. Instead Gov. Bill Walker ended up vetoing an appropriation to the Permanent Fund which essentially cut this year’s PFD check in half, to just more than $1,000.Sheldon said those actions prompted his campaign.“Keep the hands out of the PFD,” Sheldon said. “Gov. Walker and these senators I think they’ve made a wrong move and I think it’d be good to stand up as a Senate vote and to vote no to issues that concern PFD reduction.”Sheldon was born and raised in Petersburg.His father was from Wrangell and his mother was a Tlingit from Kake.He started working as a choker setter with J&H Logging in Petersburg as a high school junior.He studied at Peninsula College in Port Angeles, Washington.He also has worked on the Alyeska Pipeline and worked in commercial fishing for 22 years. For the past decade, he’s done handyman work and car detailing.“When I go up to the senate most likely I’m going to be voting no on financial issues because I can see that we can’t afford it no more,” he said. “Until we start figuring out resolutions and plans to build our economy back up the way it used to be, things are going to have to be tabled.”Sheldon said he would look at spending cuts first and possibly a state income tax down the road if necessary.He’s announced his candidacy with about a month to go before the general election in a senate district spread throughout the islands of Southeast Alaska.“Well, what I need to do each one of the communities in District R I need to find volunteers to canvas the area,” Sheldon said. “If I could get them to go door to door and spread the word through the internet and through Facebook what have you that I’m running as a write-in for district R against Sen. Bert Stedman on Nov. 8. I would appreciate the volunteer help in that area. Also I would need some financial help. I do have a website I put up recently.”Sheldon is taking on an incumbent who’s held that senate seat since 2003.Bert Stedman was first appointed to the senate and has won three elections.He’s served on the Senate Finance Committee from 2007-2012 and last session was chair of the Health and Social Services Committee.Stedman said having a challenger does not change how he approaches the election and he welcomes a discussion of the issues.“It doesn’t hurt to have the public come forward or members of the public in the district come forward and run for the seat,” Stedman said. “That’s the process that we have in a democracy. And I’ve always encouraged local people to step forward and participate in assemblies or councils or school boards or for that matter representation in Juneau. So it’s a good thing to have a discussion of the issues. And it will help to facilitate that potentially.”Stedman said he has supported changing the Permanent Fund to a percent-of-market-value style endowment fund as long as he’s been in the Senate.That produces a more reliable stream of revenue that can be put into dividend checks or fund state government, he said.“So if you look at it as far as the structure, I certainly support restructuring the Permanent Fund,” he said. “The debate really comes down on the amount that you’re gonna pull out and the direction it’s going to flow either to dividends or to the state treasury to run the state or some combination of the two. And clearly over my entire political career I’ve supported the dividends to the people of the state that own the oil resource.”Stedman argued the legislature should have made changes already to address the state’s fiscal crisis and he said lawmakers have to act this coming winter.“We have enough money coming in the door in re-occurring revenue to basically fully fund K-12 education and that’s it,” Stedman said. “And that means no troopers, no prisons, no Fish and Game, no DNR, no DOT, no legislature, no governor. It’s a serious matter. So we need to solve it.” Stedman said without action, dividend checks and core services around the state will be impacted.He had a challenger for his seat in 2004 and 2012, but not in 2008.Share this story:last_img read more

Octopus eggs hatch at Alaska SeaLife Center

first_imgOceans | Southcentral | WildlifeOctopus eggs hatch at Alaska SeaLife CenterApril 30, 2018 by Renee Gross, KBBI-Homer Share:Alaska SeaLife Center’s family of octopuses is growing.A 24-hour-old hatchling. (Photo courtesy Alaska Sealife Center)Gilligan, a giant Pacific octopus,  laid thousands of eggs about a year ago. Less than a hundred hatched this month.Aquarium curator Richard Hocking expects the remaining eggs to hatch by the end of May.Once the eggs hatch, staff transport them to a separate tank where they can feed on zooplankton.Young giant Pacific octopuses are about a quarter-inch long and have fully developed eyes. An adult is between 9 and 16 feet long.But the odds the hatchlings will make it to adulthood are slim.The survival rate of hatchlings is 1 percent in the wild, and there is only one documented case of a giant Pacific octopus successfully being reared in an aquarium.Alaska SeaLife Center has attempted to raise hatchlings twice before.Both attempts were unsuccessful. The center says the babies are extremely delicate and have complex nutritional needs. Still, the staff is hopeful this time will be different.Visitors can see Gilligan and her hatchlings in the aquarium’s Octopus Grotto exhibit.Share this story:last_img read more

Merlin Entertainments forced to close more rides over safety fears

first_imgFriday 5 June 2015 5:16 pm Express KCS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment Guruzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveLivestlyThe Best Redhead Actresses, RankedLivestlyTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmNovelodgePierce Brosnan’s Wife Lost 120 Pounds – This Is Her NowNovelodge More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInstitutional Investors Turn To Options to Bet Against Share Show Comments ▼ center_img SHARES in Merlin Entertainments fell 1.2 per cent in late afternoon trading yesterday after it announced the closure of four rides following an accident earlier this week.The theme park owner said today that Saw at Thorpe Park, The Smiler at Alton Towers, as well as Dragon’s Fury and Rattlesnake at Chessington World of Adventures would all be suspended after a crash on its Smiler rollercoaster at Alton towers earlier this week left four left four people seriously injured.“Today we are enhancing our safety standards by issuing an additional set of safety protocols and procedures that will reinforce the safe operation of our multi-car rollercoasters,” the company said in a statement. “As a consequence, two rollercoaster rides have been withdrawn from service until the new safety protocols have been applied.”A carriage carrying 16 people crashed into an empty carriage left on the same piece of track. Merlin’s boss Nick Varney subsequently apologised for the incident, expressing his “sincerest regret and apology”. whatsapp whatsapp Merlin Entertainments forced to close more rides over safety fears Tags: NULLlast_img read more

Casey inspired Two Mile House end injury hit Courtwood’s Leinster dreams

first_img WhatsApp Facebook Courtwood went 14 minutes without scoring and Two Mile House built up a four point lead in that period with county star Chris Healy, Aidan Casey and former All-Star Peter Kelly among the scorers.Courtwood opened their account through Alan Kinsella and they kept with their opponents in the middle third of the first half as Cian Doyle, Kinsella and Niall Dunne all split the posts to narrow the gap to three points.However, Two Mile House finished the half like a train as Casey slammed home a goal while Healy and Caomhan Doolin added points to make it 1-12 to 0-4 at half time.Courtwood needed a good start to the second half of to have any chance and they got it when Niall Dunne punched Luke Doran’s high ball to the net.Chris Healy and Casey replied for Two Mile House but Courtwood had the ball in the net a second time through Luke Doran and it was game on with 20 minutes to play.They had the ball in the net again through Luke Doyle but it was ruled out. However, points from Kinsella and Danny Luttrell cut the gap to five with ten to play.But, just like in the first half, Two Mile House finished strong as goals from Aidan Casey and Mark Sherry settled it with six minutes to go.To their credit, Courtwood kept going and Rory Doyle finished with three lovely points but the gap was too big for them to surmount.SCORERS – COURTWOOD: Alan Kinsella 0-3, Niall Dunne 1-1, Cian Doyle 0-1, Luke Doran 1-0, Rory Doyle 0-3, Danny Luttrell 0-2 TWO MILE HOUSE: Aidan Casey 2-10, Chris Healy 0-4, Peter Kelly 0-1, Caomhan Doolin 0-1, Mark Sherry 1-0, Conor Keogh 0-1, John Downey 0-1COURTWOOD: Matthew Byron; Barry Donnolly, Mark O’Halloran, Colm Wilson; Sean O’Flynn, Robbie Flynn, Matt Kelly; Danny Luttrell, Paddy Wilson; Cian Doyle Niall Donoher, Conor Hogan; Niall Dunne, Alan Kinsella, Luke Doyle. Subs: Luke Doran for Kelly (10m, inj), Rory Doyle for C Doyle (46m)TWO MILE HOUSE: Didier Cordonnier; William Burke, Finnian Breen, Nathan Sherry; Gavin Burke, Joe D’Arcy, Matt Kelly; Peter Kelly, Caomhan Doolin; Stuart White, Chris Healy, Jack Collins; Conor Keogh, Mark Sherry, Aidan CaseyReferee: Fergal SmythSEE ALSO – Jess the sheepdog and stolen lambs have been FOUND By Alan Hartnett – 24th November 2018 RELATED ARTICLESMORE FROM AUTHOR Pinterest New Arles road opens but disquiet over who was invited to official opening Community Courtwood Courtwood 2-10 Two Mile House (Kildare) 3-17Leinster Club IFC Semi FinalCourtwood’s Leinster dream is over after they were defeated by Two Mile House in Newbridge this afternoon.Eddie Kinsella’s men started the game without Andrew Mulhare, Rory Doyle and Luke Doran before losing captain Matt Kelly to injury after ten minutes.Niall Donoher sustained a hamstring injury in the win over St Mochtas and while he bravely played on, the IFC player of the year was nowhere near his best.Two Mile House had a star man in the form of corner forward Aidan Casey and his first half tally of 1-8 did all the damage in the end. TAGSCourtwoodLeinster Club IFC Facebook Pinterestcenter_img Community Home Sport GAA Casey inspired Two Mile House end injury hit Courtwood’s Leinster dreams SportGAAGaelic Football Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Twitter Previous articleLIVE BLOG: Follow the action as Courtwood look to reach Leinster finalNext articleMoore hat-trick inspires Park Ratheniska-Spink to U-14 ‘B’ football success Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. WhatsApp Council Casey inspired Two Mile House end injury hit Courtwood’s Leinster dreams Twitter Laois secondary school announces scholarship winners for new academic yearlast_img read more

B.C. to table surplus, Finance Minister says

first_imgDirk Meissner Share this article and your comments with peers on social media Facebook LinkedIn Twitter Keywords Budgets,  British Columbia Highlights of the British Columbia 2019 provincial budget B.C. budget forecasts three years of billion-dollar deficitscenter_img Related news Alberta hopes higher oil prices will power recovery Finance Minister Mike de Jong says the surplus in Tuesday’s provincial budget gives the B.C. government some room to move on health, education and social spending, but economic times are fragile and British Columbians should not expect a spending spree. He said B.C. will likely be the only province in Canada to table a balanced budget for this year, an accomplishment he attributes to a diversified economy and controlled spending. “The basis for this is pretty clear,” de Jong said. “You’ve got to control the stuff you can control. It’s about choice, and it’s about making tough choices.” He said the 2014-2015 budget will include a surplus higher than the $444 million forecast last fall, with forecasts of surplus budgets for the next three years. Prince Edward Island has suggested it will table a balanced budget for the 2015-2016 budget year, while Quebec is aiming for a balanced budget in 2015-2016. Saskatchewan Premier Brad Wall said plummeting oil prices may have recently placed his province into a deficit budget position. De Jong said B.C.’s budget will include spending increases in social services, health, education and the removal of a two-year tax on high-income earners. He also said the budget includes measures to address the provincial debt, which is currently above $60 billion. Two years ago, the government implemented a temporary two per cent income tax hike on people earning $150,000 or more a year to help bring the province out of deficit. De Jong said the tax earned the province about $200 million a year, and expires this year. “We asked those making a little more to pay a little more and it was purposely designed to get us back into balance and beyond,” he said. “It was purposely designed to be for two years.” Opposition New Democrat finance critic Carole James said British Columbians deserve a break, but what they are getting instead are medical, hydro, ferry and auto insurance increases. She said the only break she sees in the budget appears to the tax cut for high-income earners. “He’s found over $200 million to give (high-income earners) a tax break,” James said. “But when it comes to average British Columbians, it’s nickel and dime, more costs, pay more, get less.” James said she is awaiting the details of de Jong’s changes to social services in the budget. The New Democrats, social services groups and single mothers on assistance have been demanding that the government stop deducting support payments from income and disability payments. De Jong said he’ll don an old pair of black leather shoes that were shined and repaired prior to budget day. He held a pre-budget news conference Monday at a downtown Victoria shoe repair shop where he paid $40 to have his budget shoes polished and reheeled.last_img read more

Wealth transfer threatened by poor communication

first_img The study also found that 47% of Canadians have not had conversations regarding the transfer of wealth with those who will receive that wealth. That can be problematic, says Sarah Widmeyer, managing director and head of wealth advisory services at CIBC. “There is a clear disconnect between generations when it comes to wealth transfer, and this can have a lasting impact on family legacies,” Widmeyer says in a release. “Without open and honest communication, families risk significant conflict, especially when parents’ wishes don’t align with their children’s.” The research also lists topics that can become areas of conflict if parents and their children do not discuss them before decisions are made. For example, parents who use trusts to protect wealth intended for their children or grandchildren may worry that their kids will think their own judgment is not trusted. Children may also be unclear as to the benefits of charitable giving and wonder why their parents are setting aside a portion of wealth for that purpose. Another issue that can become contentious if it is not discussed prior to the parents’ passing is that of the family cottage. “Parents may expect the cottage to be used for many generations, but their children may feel differently,” says the CIBC report. “This could result in lost planning opportunities for the property while the parents are alive.” The research also provides a warning to parents who name more than one child on investment or bank accounts in order to avoid probate. Those parents may not anticipate the potential conflict and how it could limit the possible estate-planning strategies available to them. CIBC provides some key tips that advisors can share with clients who are looking to develop a wealth transfer plan. They include: > encouraging clients and their partners to openly discuss how they want their wealth to benefit those they care about > encouraging clients to think about anyone in their lives who may require special financial considerations, such as someone with a disability > looking to meet clients’ family members before the wealth transfer is required. The poll was conducted online for CIBC on May 19 and May 20, among 1,504 randomly selected Canadian adults who are also Angus Reid Forum panelists. Financial advisors have an opportunity to be proactive with clients in broaching the topic of intergenerational wealth transfer, according to research conducted for Toronto-based Canadian Imperial Bank of Commerce (CIBC). A recent poll found that 51% of Canadians expect to provide an inheritance to loved ones, but an overwhelming 79% have not discussed the financial and tax implications of those inheritances with an advisor. Nex-gen HNWIs will boost demand for RI Tessie Sanci Related news Keywords Wealth transfer Newly wealthy clients need help with shifting priorities Why it’s important to involve the children of HNWIs in estate planning Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

OSC appoints two new commissioners

first_img Anisman has been teaching and practising securities law since 1968. He has chaired disciplinary panels for the former Investment Dealers Association of Canada (IDA) and appeared before every level of court up to and including the Supreme Court of Canada. He has also written extensively on a wide range of legal issues, including aspects of securities, corporate, constitutional and administrative law. Kordyback has more than 30 years of experience in the investment business, including investment banking, venture capital and private equity. Since 2005, she has been managing director at Northwater Capital Inc. and is active with Women in Capital Markets. “We welcome the leadership and extensive experience that Philip and Frances bring to the OSC,” says OSC Chairwoman Maureen Jensen in a statement. “Their expertise will be an asset to us in our commitment to provide effective regulation and oversight of Ontario’s capital markets.” Companies Ontario Securities Commission James Langton OSFI proposes revisions to capital rules for life insurers olegdudko/123RF Facebook LinkedIn Twitter Share this article and your comments with peers on social media The Ontario Securities Commission (OSC) announced on Tuesday that it has appointed veteran securities lawyer Phil Anisman and long-time financial services executive Frances Kordyback as new commissioners. They will serve two-year terms, ending November 2018. last_img read more

McGill University receives $5 million in funding from Quebec government to bolster retail sector

first_imgMcGill University receives $5 million in funding from Quebec government to bolster retail sector McGill UniversityMcGill University’s Bensadoun School of Retail Management will receive $5 million in funding to drive retail innovation and research, and support the province’s small and medium-sized enterprises (SMEs). As part of the provincial government’s economic recovery plan in response to the COVID-19 pandemic and its new digital transformation initiative, the funding from the Quebec Ministry of Economy and Innovation will be provided over four years to scale up interdisciplinary research activities, foster retail talent, establish professional development programs, and conduct knowledge transfer for Quebec SMEs.“We are delighted to receive this vital support, which will enable us to help rebuild and strengthen a key sector of our economy at such a critical time,” said Professor Saibal Ray, Academic Director of the Bensadoun School of Retail Management. “I would like to thank the Government of Quebec for investing to help shape the future of retail and for their vote of confidence in our community of researchers, students and industry partners.”A major portion of the funding will go towards the Bensadoun School’s newly launched retail innovation lab which integrates interdisciplinary research and artificial intelligence, enabling researchers to develop new ideas and technologies to improve the customer experience in a socially responsible fashion with the help of partner organizations. The lab’s inaugural retail partner is Quebec success story Alimentation Couche-Tard Inc.Funds will also be allocated towards supporting SMEs to succeed in their digital and omni-channel transformation through professional development opportunities, executive education, and dissemination of knowledge and best practices. A final pillar benefited by this government investment will be to help cultivate the next generation of skilled retail talent through student research stipends, internships, and other experiential learning opportunities via the Bensadoun School.“Supporting the Bensadoun School will make up for the delay some of our storekeepers have faced because of retailers in major digital transformation chains. People have come up with new online consumption habits because of the pandemic. Consequently, it is imperative that our retail trade industry adapt and look toward new technologies and electronic trade,” states Pierre Fitzgibbon, Minister of Economy and Innovation.“The trade commerce industry is faced with changes in technological access and their effects on our consumption habits. The Bensadoun School has developed great initiatives for its staff to adapt to the electronic trade era and benefit from new consumer habits. The contribution we are making today is the key to SME economic performance in this industry,” adds Lucie Lecours, Minister for the Economy.“The retail sector-and SMEs in particular-has been strongly impacted by the pandemic. Innovation and digitization are critical to revitalizing the ‘new economy’. We are poised and excited to help put Quebec on the map as a hub of world-class retail excellence.” said Charles de Brabant, Executive Director at the Bensadoun School.About the Bensadoun School of Retail ManagementOpened in 2018 after a donation by the Bensadoun Family Foundation, McGill’s Bensadoun School of Retail Management was created to educate and empower a global network of interdisciplinary thinkers and practitioners who research, envision, and prototype a dynamic and successful world of retail. The Bensadoun School is working to be the best source of talent and ideas for a retail industry that enables sustainable consumption and healthier societies.About McGill UniversityCelebrating 200 years of discovery and learning, McGill University ranks as one of the top universities in Canada and the world. McGill’s mission is to create and share knowledge by offering the best possible education, by carrying out research and scholarly activities judged to be excellent by the highest international standards, and by providing service to society. These activities span three campuses, 11 faculties, 13 professional schools, and some 300 programs of study. Every year, McGill welcomes over 40,000 students, attracting more than 30% from 150-plus countries, and has the highest percentage of PhD students of any Canadian research university. Nearly 60% of its student population speaks French. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:artificial intelligence, Canada, Discovery, education, French, Government, innovation, intelligence, Investment, McGill University, professional development, Professor, Retail, retail sector, sustainable, universitylast_img read more

The Lancia Stratos is coming back with Ferrari power

first_img We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next › RELATED TAGSGenevaGeneva Motor ShowNews Created with Raphaël 2.1.2Created with Raphaël 2.1.2 The 2010 Lancia New Stratos homage, a former one-off that will enter limited production in 2018. COMMENTSSHARE YOUR THOUGHTS advertisementcenter_img Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” The New Stratos can be ordered in road-spec, GT racer trim, or in a rally-ready Safari version. Manifattura Automobili Torino will show off several at the upcoming Geneva Motor Show in March.Created with Raphaël 2.1.2Created with Raphaël 2.1.2The 2010 Lancia New Stratos homage, a former one-off that will enter limited production in 2018. Trending in Canada A modern version of the classic Lancia Stratos will enter production shortly, albeit in an extremely limited run of just 25 examples.The New Stratos, based on the one-off 2010 homage that German entrepreneur Michael Stoschek commissioned from Pininfarina, will use a shortened Ferrari F430 Scuderia platform for its chassis, meaning it’ll be driven by a 550-horsepower-plus V8.The 2010 car was designed and engineered by a team led by Paolo Garella, whose new company Manifattura Automobili Torino will build the carbon-fibre-bodied Stratos alongside the firm’s other recent small-volume projects, which include the Glickenhaus SCG003S and Apollo IE hypercar. last_img read more

Agro Investment Corporation Facilitating Agricultural Enterprises

first_imgRelatedAgro Investment Corporation Facilitating Agricultural Enterprises Agro Investment Corporation Facilitating Agricultural Enterprises AgricultureMay 29, 2010 RelatedAgro Investment Corporation Facilitating Agricultural Enterprises Advertisementscenter_img FacebookTwitterWhatsAppEmail The Ministry of Agriculture and Fisheries is seeking to make the process of starting an agricultural enterprise easier, with the creation of the Agro Investment Corporation.Started in October 2009, the Corporation is the business facilitation arm of the Ministry and is responsible for investment promotion and facilitation, and project and market development. It is a merger of the Agricultural Development Corporation and the Agricultural Support Services Productive Projects Fund Limited.According to the Corporation’s Chief Executive Officer (CEO), Hershell Brown, agro-investors receive help with developing business plans, joint venture agreements, and all the other activities related to getting their business up and running.“This is being done through a number of mechanisms. A main one that we are focusing on now is developing an asset bank.we seek to determine what use assets can be best put to, then we identify investors to marry them with utilisation of these assets,” Mr. Brown tells JIS News.Other activities are being carried out, such as the Young Farmers Project, which seeks to identify graduates of tertiary institutions, and provide them with arable lands and assist them with technical support through entities, such as the Rural Agricultural Development Authority (RADA). “In addition, there is the matter of infrastructure development as it relates to post-harvest facility. We have rehabilitated a yam packing house in Trelawny, and we have leased that property to an exporter,” he notes.Mr. Brown explains that the Agro Investment Corporation is a facilitatory agency, and seeks to operate as a one stop shop, except for the credit component.“Once the investors approach and they meet the criteria, we assist them with all the other processes, that is, to identify their market, put together their business plan and provide a sort of hand-holding activity from project identification through to project implementation,” he adds.He notes that while the Corporation does not provide technical support, it liases with several Government entities, such as RADA and other research stations, to provide investors with the best possible technical services.Mr. Brown points out that the agency works with investors who recognises agriculture as a serious business. “Any investor who is willing to get into production, recognising it as a regular business investment, we are willing to work with them, once it makes economic sense,” he says.He emphasises that the entity is not seeking to duplicate the efforts of other government agencies, but that it puts together investment packages using marketing information from the Ministry, and by liaising with JAMPRO and RADA. “We pull all of that together, so that an investor can walk into Agro Invest and get a ready made package, sometimes on the same day,” Mr. Brown tells JIS News.The CEO notes that the agency is continuing with some of the initiatives of the Agricultural Support Services Productive Projects Fund, such as investment in sheep at the Rhymesbury property in Clarendon, and working with pepper producers. RelatedAgro Investment Corporation Facilitating Agricultural Enterpriseslast_img read more