FSMM 2008 http://fsmm2008.org/ Wed, 21 Jul 2021 19:11:21 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://fsmm2008.org/wp-content/uploads/2021/06/icon-150x150.png FSMM 2008 http://fsmm2008.org/ 32 32 Cuomo announces $ 16 million workforce training fund to tackle gun violence in 20 New York cities – NBC New York https://fsmm2008.org/cuomo-announces-16-million-workforce-training-fund-to-tackle-gun-violence-in-20-new-york-cities-nbc-new-york/ https://fsmm2008.org/cuomo-announces-16-million-workforce-training-fund-to-tackle-gun-violence-in-20-new-york-cities-nbc-new-york/#respond Wed, 21 Jul 2021 18:44:50 +0000 https://fsmm2008.org/cuomo-announces-16-million-workforce-training-fund-to-tackle-gun-violence-in-20-new-york-cities-nbc-new-york/

What there is to know

  • New York is investing $ 16 million to fund workforce training and job placement programs in the 20 cities most affected by gun violence to make them safer, Governor Andrew Cuomo said on Wednesday.
  • This initiative will directly help 3,200 youth in the Captial area, central New York, Finger Lakes, Long Island, Mid-Hudson and western New York State, and builds on the $ 12 million announced by Cuomo on July 14 to provide 2,400 jobs for young workers in New York City. City, depending on the state.
  • This latest effort is part of Cuomo’s first gun violence disaster emergency and its overall strategy to address the increase in gun violence statewide.

New York is investing $ 16 million to fund workforce training and job placement programs in the 20 cities most affected by gun violence to make them safer, Governor Andrew Cuomo said on Wednesday.

This initiative will directly help 3,200 youth in the Captial area, central New York, Finger Lakes, Long Island, Mid-Hudson and western New York State, and builds on the $ 12 million announced by Cuomo on July 14 to provide 2,400 jobs for young workers in New York City. The city of York, according to the state.

This latest effort is part of Cuomo’s first gun violence disaster emergency and its overall strategy to address the increase in gun violence statewide. The initiative treats gun violence as a public health crisis and includes short-term solutions as well as long-term strategies that include intervention and prevention strategies.

Unemployed, underemployed and out of school youth aged 18-24 in areas of cities affected by gun violence will be eligible.

The cities that will receive funding as part of this latest effort are:

Area Youth to Serve Funding
Nassau County 180 $ 900,000
Hempstead 100 $ 500,000
Suffolk 140 $ 700,000
Albania 190 $ 950,000
Schenectady 60 $ 300,000
Troy 140 $ 700,000
Buffalo 530 $ 2,650,000
Jamestown 45 $ 225,000
Niagara Falls 50 $ 250,000
Syracuse 150 $ 750,000
Rochester 450 $ 2,250,000
Poughkeepsie 70 $ 350,000
Kingston 60 $ 300,000
Newburg 120 $ 600,000
Middletown 65 $ 325,000
Yonkers 220 $ 1,100,000
Mount Vernon 210 $ 1,050,000
Spring Valley 150 $ 750,000
Utic 120 $ 600,000
Binghamton 150 $ 750,000
TOTAL 3,200 $ 16 million

This new investment brings New York’s total commitment to reduce gun violence to $ 154.7 million, according to the state.

“Gun violence is a public health crisis, in New York State and across the country, and we are attacking it with the same comprehensive, evidence-based approach we used to defeat COVID. We know that just telling kids to put the gun down doesn’t work, we have to give them an alternative, ”Cuomo said in a statement.

As part of this new initiative, the New York State Department of Labor will partner with local Workforce Development Boards in each region as well as with community partners to provide support services. vocational training, accreditation and work placement to connect at-risk youth to permanent, well-paying jobs. .

“Our local workforce development councils are proven partners with a long history of helping young people improve their lives through vocational training and placement. Governor Cuomo is leading this charge through innovative, short-term programs that align with proven long-term solutions that will last for generations, ”said State Labor Commissioner Roberta Reardon.

Cuomo issued the country’s first executive order on July 6 declaring gun violence in New York City a disaster emergency – the first step in a comprehensive plan that aims to address the upsurge in gun violence across the country. State.

The disaster emergency status will enable the state to respond to the armed violence crisis by shipping money and resources to communities so that they can begin targeting armed violence immediately.

This is the first step in a comprehensive plan that Cuomo outlined, consisting of 7 key areas, all with the aim of quelling the rise in gun violence. The key areas are:

  1. Treat gun violence as a public health emergency;
  2. Target hot spots with data and science;
  3. Positive engagement for at-risk youth;
  4. Break the cycle of escalating violence;
  5. Take illegal guns off the streets;
  6. Keep weapons out of the reach of dangerous people;
  7. Rebuilding the police-community relationship

This new strategy treats gun violence as a public health crisis, using short-term solutions to manage the immediate gun violence crisis and reduce the rate of fire, as well as long-term solutions that focus on strategies community intervention and prevention to break the cycle of violence.

Earlier this week, the state announced that hundreds of jobs will be available for at-risk youth in Brooklyn – all in an effort to curb the spike in gun violence that has plagued the city in recent months.

The 506 jobs will be available to at-risk youth in seven zip codes that make up the area. The postal codes are: 11206, 11213, 11216, 11221, 11222, 11233 and 11238. The announcement follows a community meeting on the prevention of gun violence.

The State will finance the creation of 254 summer jobs for young people aged 15 to 24 in this area in order to keep them employed until the start of the school year this year.

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]]> https://fsmm2008.org/cuomo-announces-16-million-workforce-training-fund-to-tackle-gun-violence-in-20-new-york-cities-nbc-new-york/feed/ 0 West Virginia soldier participates in National Guard’s “Best Warrior Competition” https://fsmm2008.org/west-virginia-soldier-participates-in-national-guards-best-warrior-competition/ https://fsmm2008.org/west-virginia-soldier-participates-in-national-guards-best-warrior-competition/#respond Wed, 21 Jul 2021 18:33:51 +0000 https://fsmm2008.org/west-virginia-soldier-participates-in-national-guards-best-warrior-competition/

CHARLESTON, WV (WOWK) – The West Virginia National Guard cheers on one of their own as he competes in the 2021 National Guard National Guard Best Warrior Competition in Arizona.

WVNG Private First Class Alex Gravely represents the Mountain State for the event. The competition kicked off this week at Camp Navajo near Flagstaff, Arizona. He previously won the state and regional levels of the competition.

“Your #OneGuard family is very proud of you and can’t wait to celebrate with you when you get home! The WVNG said in a Tweet.

According to the WVNG, the competition includes events ranging from marksmanship exercises, fitness challenges and obstacle courses to medical evacuation tasks, interviews and a written knowledge exam designed to put soldiers’ skills to the fore. ‘test.

According to Lieutenant General Jon Jensen, Director of the Army National Guard, the winners of the competition will be named Army National Guard Soldier and NCO of the Year. They will also represent the ARNG in the US Army’s Best Warrior Competition this fall.

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DLA Piper advises Learning Technologies Group on the acquisition of GP Strategies for US $ 394 million https://fsmm2008.org/dla-piper-advises-learning-technologies-group-on-the-acquisition-of-gp-strategies-for-us-394-million/ https://fsmm2008.org/dla-piper-advises-learning-technologies-group-on-the-acquisition-of-gp-strategies-for-us-394-million/#respond Wed, 21 Jul 2021 18:27:00 +0000 https://fsmm2008.org/dla-piper-advises-learning-technologies-group-on-the-acquisition-of-gp-strategies-for-us-394-million/

NEW YORK, July 21, 2021 / PRNewswire / – DLA Piper advised Learning Technologies Group (AIM: LTG.L), a UK provider of digital learning and talent management services and technologies, on its acquisition of GP Strategies Corporation ( NYSE: GPX), a United States-based Global Workforce Transformation Solutions Provider.

Learning Technologies Group will acquire GP Strategies to $ 20.85 per GP Strategies share in cash, which represents a market capitalization of approximately US $ 394 million. The transaction, which remains subject to regulatory approval, is expected to close in the fourth quarter of 2021. The consideration for the acquisition will be partially funded by a placement of new ordinary shares, which were admitted to trading on July 20, 2021, raise £ 85million, the balance being partly financed by US $ 305 million in additional debt financing (of which US $ 40 million is to be repaid from GP Strategies cash soon after the acquisition) and from existing cash resources.

The acquisition of GP Strategies by Learning Technologies Group provides a strong complementary offering to LTG’s existing portfolio and creates an enhanced holistic proposition for clients to help them seize long-term structural growth opportunities in the global gasoline market. learning and talent management.

DLA Piper cross-border team was led by a corporate partner Charles Sévers in the UK and Jonathan klein in the USA. The team also included partners Victoria Rhodes, Martin penn and Matthew Noel, legal council Karin Kirschner, senior partner Alexandre yeramian and associates James croft and Alex Pierre in the UK and partners JA Glacum (Houston), Richard ashley (Chicago), Brad jorgenson (Austin), Ignatius Sanchez (Washington DC), Paul Morante (new York), Ute Krudewagen (Silicon Valley) and Guillaume Bartow (Philadelphia cream); of advice Angeline Chen and Nicolas klein (both Washington DC); and associates Melissa Sampson, Clayton culler, Christine daya (all Washington DC), Kenneth duncan (new York), Marie Claire Blythe (Baltimore) and Priya Narahari (Philadelphia cream).

Corporate partner Charles Sévers said: “LTG is a motivated, focused and very active company and DLA Piper is delighted to have had the opportunity to work with the LTG team on this transaction, advising on capital, debt and M&A aspects. .

“Our strong cross-border team, our extensive experience with mergers and acquisitions in the technology sector and our broad global platform all contributed to the success of this transaction,” said Jonathan klein, President of DLA Piper US Mergers and Acquisitions practice.

With more than 1,000 corporate attorneys worldwide, DLA Piper helps clients seamlessly execute complex cross-border transactions while supporting them through all stages of development. The company has been ranked number one in global M&A volume for 11 consecutive years, according to Merger market.

DLA Piper Global Technology Lawyers work in all practice areas and offices to help technology clients – from startups to fast-growing and mid-growth companies to mature global companies – doing business around the world.

About DLA Piper
DLA Piper is a global law firm with attorneys located in over 40 countries across the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world. In some jurisdictions, this information may be viewed as a lawyer advertising. dlapiper.com


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SBA EIDL loans were a snap last year, a mess this year, applicants and loan officers say https://fsmm2008.org/sba-eidl-loans-were-a-snap-last-year-a-mess-this-year-applicants-and-loan-officers-say/ https://fsmm2008.org/sba-eidl-loans-were-a-snap-last-year-a-mess-this-year-applicants-and-loan-officers-say/#respond Wed, 21 Jul 2021 17:49:32 +0000 https://fsmm2008.org/sba-eidl-loans-were-a-snap-last-year-a-mess-this-year-applicants-and-loan-officers-say/

Brandon Friedman, a US Army veteran and former Obama staffer, believes his frustration with the US Small Business Administration is the reason business owners don’t like dealing with government.

His predominantly online company, Dallas-based Rakkasan Tea Company, relies on tea supply from Asian countries hit by the Delta variant.

“If I can’t get my tea, there’s nothing to sell,” Friedman said.

Friedman and his veteran colleague and co-founder Terrence “TK” Kamauf were delighted to receive an email from the SBA on April 7 telling them they were eligible for a loan increase in the event of a COVID-19 economic disaster, a low-interest loan for small nonprofits that experience lost income caused by the virus. The company initially received an EIDL advance of $ 1,000 and later a loan of $ 23,000. In April, they were told they were eligible for an increase of $ 72,000.

On April 15, they told the SBA that they wanted to apply for the increase. Ten days later, they submitted supporting documents but soon realized that they had chosen the wrong tax form. But there was no way to get back into the form and fix the error.

“This begins our saga,” Friedman said.

He emailed and called customer support and finally got advice on how to fix the error on May 14. He submitted the signed form on May 16.

Months passed. He continued to call the SBA, who eventually told him he had been provisionally denied but couldn’t say why. Friedman said he suggested it was likely a tax form issue and he could resend the voucher. They told him to wait.

Last week Friedman received a letter dated July 2 that said Rakkasan’s claim was denied due to the tax form.

“We have literally tried to help the SBA not make this mistake since before I submitted the signed application,” said Friedman, who previously worked at the Department of Veterans Affairs.

“If I’ve worked in a federal agency and know how to navigate a federal bureaucracy and can’t figure out how to navigate this area, then how is the common business owner going to do? “

Applicants and loan officers alike say last year’s EIDL loan applications were a snap, and the money quickly reached bank accounts. In fact, the SBA’s COVID relief programs – including the two strands of the Paycheck Protection Program and the Restaurant Revitalization Fund – deserve praise, they said.

But they don’t mince their words about this second wave of EIDL loan increases, calling it unprofessional, disorganized and a nightmare to endure. Indeed, last year, all that was needed was a self-certified questionnaire by the candidates. This year, the SBA is requesting documents to verify application responses – but only after submitting an application – supporting decisions and frustrating applicants.

As of July 8, the date of its last report, the SBA had approved 3.8 million EIDL loans for a total of $ 217.2 billion.

The SBA has increased its management capacity and resources for the EIDL program, the SBA said in a statement. This helped streamline the application process, he said. Data that shows this positive trend will be available on the SBA’s website this month.

“There will be an announcement very, very soon,” said spokesperson Shannon Giles.

Soon is not soon enough for small business owners who say they desperately need the cash.

“They shouldn’t call it the emergency aid loan. They should call it the ‘loan if you’re lucky’ so we don’t put our hopes on it, ”said Mike Tsinberg, owner of a New York-based company that makes video equipment.

Tsinberg also received an email telling him he was eligible for a raise. His original EIDL was $ 10,000. After sending emails in November, he was able to increase the loan to $ 150,000. In March, he received another email warning him that the loan limit had been increased to $ 500,000. He applied and for three months the SBA portal showed that his loan was not being processed. The SBA told him to wait. In mid-July, he received an email telling him that his application had been denied, but that he could reapply if he rectified the reasons for his denial.

But the SBA didn’t tell him what was wrong, he said.

“I would love to submit more supporting documents, but they did not specify what is missing,” he said. “You can’t email struggling business owners and tell them we can help you, and then put you in black hole limbo. This is not a good thing because then you start to rely on it.

Retired loan officer Trevor Curran and insurance broker Linda Rey had a finance brokerage firm, Aurora Consulting, before COVID. When the pandemic hit, their business was wiped out and they turned to consulting work for business owners applying for an EIDL loan.

Eagle-eyed consultants Trevor Curran and Linda Rey transformed their Connecticut business Aurora Consulting in March 2020 to help business owners apply for EIDL loans. Consultants are permitted to charge up to $ 2,500 to assist a client with the EIDL loan.

By mid-summer, they had submitted 40 applications and all were approved. There were no real complications, they said.

“As much as the SBA has a bad reputation, it isn’t given enough credit for what it did last year with the EIDL program,” Curran said. “It was actually stupidly easy to get the money last year. The app was essentially an online questionnaire, and there was no verification. This is the miracle of the EIDL program.

But this year, the duo had 17 hours a day to get EIDL increases approved for clients.

A major problem is that the self-certified numbers that the SBA requested last year must match the documents, including tax forms, that it is requesting this year. Many companies had yet to file their tax returns last year and were estimating their data. The SBA is now declining them for the gap.

The EIDL loan asks for gross income for the period from February 1, 2019 to January 31, 2020. But the tax return forms are based on a different period from January 2019 to December 2019. This continues to trip up EIDL loan officers, who don’t get a lot of training, Curran said.

“Just this morning, I had to explain to an SBA loan officer that the tax reporting period is not the same as the EIDL disaster period,” Curran said. “He told me he hadn’t received any training.

Curran and Rey, who now have 225 clients in the United States, run a YouTube channel to help business owners overcome complications. A survey on their channel indicated that of 500 respondents, 78% were applying for a business loan for the first time.

But the customer service line that could help these business owners isn’t worth calling, Curran said. Candidates are being told something that has no value or is false, he said. If you can’t resist calling them, ask yes or no questions, he said.

For small business owners, the EIDL loan money often determines whether they close or make it until 2022. Curran and Rey cried as they described the emotional reactions they witness when telling applicants that they are ‘they have been approved.

A client who makes wigs for cancer patients and didn’t have the money to attend his father’s funeral last year was recently approved.

“We both cried,” Curran said.

The loan application is the same questionnaire as last year. But there are still questions that can easily trip candidates over. For example, if you copy and paste your business name into the form, it won’t let you continue but won’t tell you it’s because you didn’t enter the name manually.

Curran and Rey say the SBA must respond to complaints from business owners, ranging from issuing detailed instructions on how to complete an EIDL application to improving communication.

“Right now the only thing they’re consistent about is how consistent they are,” Curran said. “They need clear messages.”

Curran tells business owners to “stop asking questions and start submitting” the required documents.

Likewise, Rakkasan’s Friedman is urging the SBA to go to Congress and ask for more staff and waive some of the verification requirements to get loans faster.

Friedman knows a little more about a large-scale system backup, having worked at the Department of Veterans Affairs in 2010 when there was a growing backlog of disability benefit claims. There was a sense of urgency to fix the system so that the government could ensure that veterans received their benefits.

He doesn’t see that with the EIDL program, he said.

“I have seen processes like this accelerate,” he said.

The office of the Small Business Administration in the United States has suffered backlash over the past week after launching an aggressive marketing campaign to attract more applicants to two grant programs, with some applicants waiting for funding for months.
The Small Business Administration in the United States has struggled to promote awareness of the aid programs.  He still has billions left in two aid programs aimed at small businesses hit hardest by the pandemic in low-income areas.
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Evaluate and Monitor Investment and Finance Companies | View company information for over 1,500 investment and financing service providers https://fsmm2008.org/evaluate-and-monitor-investment-and-finance-companies-view-company-information-for-over-1500-investment-and-financing-service-providers/ https://fsmm2008.org/evaluate-and-monitor-investment-and-finance-companies-view-company-information-for-over-1500-investment-and-financing-service-providers/#respond Wed, 21 Jul 2021 13:30:00 +0000 https://fsmm2008.org/evaluate-and-monitor-investment-and-finance-companies-view-company-information-for-over-1500-investment-and-financing-service-providers/

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Government funds earmarked for a single purpose should only be used for that purpose https://fsmm2008.org/government-funds-earmarked-for-a-single-purpose-should-only-be-used-for-that-purpose/ https://fsmm2008.org/government-funds-earmarked-for-a-single-purpose-should-only-be-used-for-that-purpose/#respond Wed, 21 Jul 2021 10:01:11 +0000 https://fsmm2008.org/government-funds-earmarked-for-a-single-purpose-should-only-be-used-for-that-purpose/

When the Florida legislature meets in Tallahassee, a sweep of the Sadowski Housing Trust Fund to fund projects unrelated to housing usually follows.

The State Documentary Stamp Duty on Real Estate Sales provides Sadowski Funds with $ 423 million per year for state agencies and local governments to develop initiatives to help people own housing and pay for housing. rent. The funds are critical for Palm Beach County and much of Florida as the housing market becomes less affordable. Yet heads of state too often see funds as nothing more than a piggy bank for other budget priorities.

After years of plundering the only funds intended for affordable housing initiatives, lawmakers this year came up with a strange solution: they would not touch the funds, in exchange for a permanent reduction in the amount it provides for housing.