In unveiling her budget last fall, Sheehan branded the longed - for $ 12.5 million as «
Capital City Funding,» a recurring revenue stream from the state tied to the value of its vast tax - exempt landholdings in Albany, chiefly the Harriman campus.
At City Hall on Monday, Albany Mayor Kathy Sheehan presented a proposed 2018 budget that once again hinges on $ 12.5 million in
Capital City funding from the state.
The biggest unanswered question is not the trash fee, but Sheehan's request for $ 12.5 million in new state aid, dubbed
Capital City Funding, to compensate Albany for hosting state government.
Not exact matches
The youngest successful founders were those who had received
funding from New York
City - based venture
capital firms, although even then their average age was 38.7 — old enough to have been Mark Zuckerberg's parent when he started Facebook from his dorm room at 19.
The UK
capital hopes to lure talent with its East London «Silicon Roundabout,» (OK, a «roundabout» sounds a bit dinky compared to a whole «valley,» but the area boasts a new Google - sponsored space for start - ups as well as 300 innovative companies) as well as measures to boost the
city's start - up scene, including # 75 million in
funding for high - tech small and medium businesses from the government's new Innovation and Research Strategy for Growth and the Digital London summit showcasing local tech talent that's due to be held March 13 to 14.
Sporting Ranch
Capital's Jay Ellis (r) on one of his PE
fund's ranches near Park
City, Utah.
River
Cities Capital Funds led the round, and was joined by investors including Dell Technologies
Capital, Sweetwater
Capital, Meritage
Funds and Charterhouse Strategic Partners.
The belief that venture
capital performance has been poor, and a desire to diversify internationally, have prompted many institutional investors to move their money out of the asset class, leaving «fewer and fewer venture
funds with less and less to invest,» says Steve Hurwitz, a Boston - based lawyer and co-founder of an annual venture
capital conference in Quebec
City.
By teaming up with traditional VC firm First Round
Capital, the
city of Philadelphia has substantially upped the mentorship ante for the entrepreneurs it
funds.
«It's a type of surgical, temporary
capital,» Mark Stoner a partner at private equity
fund Bayou
City Energy LP, said in an interview.
New York
City - based Casper is known for delivering fluffy mattresses in boxes the size of golf bags, and has raised $ 70 million in venture
capital funding since launching in 2014.
As a result of these moves, the
city enjoyed the highest job growth in the $ 20 - billion global mobile app industry, and it was the only region in the U.S. to have an increase in tech venture -
capital funding.
In November 2012, the company raised a $ 1 million seed round of
funding from Expansion Venture
Capital, based in New York
City.
Pining for Chinese scientists Chinese venture
capital firm Shenzhen Green Pine Capital Partners has launched a RMB1 billion (US$ 155 million) fund to lure overseas Chinese scientists to launch businesses in the southern city of Sh
capital firm Shenzhen Green Pine
Capital Partners has launched a RMB1 billion (US$ 155 million) fund to lure overseas Chinese scientists to launch businesses in the southern city of Sh
Capital Partners has launched a RMB1 billion (US$ 155 million)
fund to lure overseas Chinese scientists to launch businesses in the southern
city of Shenzhen.
Parcel raised approximately $ 2 million in venture
funding from investors including Galvanize Ventures, Great Oaks Venture
Capital, Liberty
City Ventures, and Interplay Ventures.
The state is also suffering a major fiscal crisis that is impacting its budget, pension
fund and tax revenue — and the
capital city of Hartford is teetering on the brink of bankruptcy.
• Bowery, a New York
City - based farming startup, raised $ 20 million in Series A
funding co-led by General Catalyst and GGV
Capital with additional investment from GV.
ORIX
Capital Partners, a New York
City - based private equity firm, raised $ 160.3 million for its debut
fund, according to an SEC filing.
Since its founding in 2010, the eyeglass retailer has raised $ 115.5 million in venture -
capital funding (most recently taking in $ 100 million in a round of
funding led by T. Rowe Price in April), opened 16 storefronts in nine
cities and become a «unicorn» with a valuation of $ 1.2 billion.
Techrockies ran a brief article on Infrascale's
funding from Carrick
Capital partners and acquisition «Salt Lake
City - based Eversync, which developed cloud - based...
Founded in 1994, River
Cities Capital Funds is one of the most active and experienced growth equity funds in healthcare and information technology
Funds is one of the most active and experienced growth equity
funds in healthcare and information technology
funds in healthcare and information technology (IT).
SoftBank
Capital managing partner Ron Fisher recently said he's open to deploying some of the $ 100 billion
fund he helps manage in the Midwest, including Kansas
City.
The Husseini Group, has over a decade of
funding ventures that embrace social enhancement and ecological sustainability with numerous notable holdings, including Infenera (NASDAQ: INFN), Tesla Motors (NASDAQ: TSLA), Bloom Energy, Ethical Electric, Zep Solar (acquired by Solar
City (NASDAQ: SCTY), Thrive Market, Kevita, Cornerstone
Capital, Sites.com (acquired by Internet Brands (NASDAQ: INET) and many others.
1) Diversify into heartland / flyover states and away from coastal
city real estate 2) Conviction is HIGHER now that the new tax plan has passed with the $ 10K SALT cap and $ 750K mortgage cap 3) Invest in the
fund with 12 — 16 deals, b / c they are picking the best deals on their platform and have a high incentive not to mess things up if they want to raise new
funds 4) Learn from the investments of the
fund and eventually invest in specific deals w / real
capital (1 - 2 years away)
Prior to joining Sherpa
Capital in December 2015, Kirby had a similar role at Bay City Capital, a venture capital firm that raised eight venture capital funds representing $ 1.6 billion in capital commi
Capital in December 2015, Kirby had a similar role at Bay
City Capital, a venture capital firm that raised eight venture capital funds representing $ 1.6 billion in capital commi
Capital, a venture
capital firm that raised eight venture capital funds representing $ 1.6 billion in capital commi
capital firm that raised eight venture
capital funds representing $ 1.6 billion in capital commi
capital funds representing $ 1.6 billion in
capital commi
capital commitments.
New investors participating in the financing include Cowen Healthcare Investments, Pappas
Capital, Chiesi Venture
Fund, Qiming Venture Partners and Bay
City Capital, joined by additional existing investors EcoR1
Capital, Omega
Funds, and Aju IB Investment.
SIDBI Venture
Capital also participates in
funding round; Zappfresh to use money to expand to newer
cities, build supply chain
Many movers and shakers in and around New York
City, the
capital of the banking and hedge -
fund world, work in or populate the verdant suburbs next door in Connecticut.
The former Sprint COO recently spoke with dozens of Kansas
City entrepreneurs about his thoughts on
capital in the area, and how we can improve access to early - stage
funding.
Steel
City Capital Funding is a specialty finance company serving middle - market companies and private equity sponsors across the United States, Canada and the United Kingdom.
According to a report from Sohu, while the
fund has been launched by Hangzhou - based venture
capital firm Tunlan Investment, it will see over $ 400 million coming from the Hangzhou
city government as a guided
fund that will be used to invest in promising blockchain projects.
Over the past two years, Kansas
City has welcomed several new venture
capital and angel
funds.
Mortgage Research Center, LLC dba Veterans United Home Loans Mortgage Services Across America Mortgages For America Mortgages Unlimited Inc National Bank of Kansas
City Nations Choice Mortgage Nationwide Direct Mortgage Neighborhood Loans, Inc Network
Capital Funding Corporation Network
Funding LP New American
Funding New Penn Financial Oceans
Capital Network Omni -
Fund Inc One Mortgage OneTrust Home Loans Online Mortgage Group Open Mortgage Optimum First, Inc..
Greenchip Renewal Partners International Institute for Sustainable Development Responsible Investment Association Équiterre Nature Canada Greenpeace Canada SHARE Canada Forest Products Association of Canada Canadian Business for Social Responsibility Canadian Urban Transit Association Clean50 Climate Smart Business Genus
Capital JCM Power Corporate Knights Toronto Atmospheric
Fund The Asthma Society of Canada Bullfrog Power NEI Investments Sitka Foundation Alterra Power Corp. 20/20 Catalysts Program Renewable
Cities VanCity Canadian Solar Industries Association Anglican Church of Canada Blue Green Canada Network for Business Sustainability Canadian Wind Energy Association Canada Quebec Employers Council Dunsky Energy Consulting NAIMA Canada Alliance québécoise de l'efficacité énergétique Marmott Énergies Biothermica Association québécoise de la production d'énergie renouvelable Enerkem Canadian Labour Congress Co-operatives and Mutuals Canada Plug» nDrive Regroupement national des conseils régionaux de l'environnement Business Council of Canada Sustainalytics Sustainability CoLab Écotech Québec National Union of Public and General Employees Insurance Bureau of Canada Centre for Indigenous Environmental Resources Iron & Earth
He then joined Steel
City Capital Funding, supporting PNC Business Credit offices with cash flow - based term loans to supplement PNC's asset - based lending offerings.
In what is believed to be the largest venture - backed
funding round in the Kansas
City area's history, C2FO is lighting the fuse on its global expansion with a $ 100 million
capital raise.
The ROTR
Fund invests catalytic
capital, often alongside regional investors, to the most promising early stage investments in Rise of the Rest
cities.
Specialty finance products are provided by Steel
City Capital Funding, a division of PNC Bank.
If Kansas
City can continue to build investment
funds, attract additional
capital and build companies based on game - changing ideas, the area is laying the foundation to become a Midwest center for entrepreneurship, said Maria Meyers, founder of KCSourceLink.
He is responsible for the oversight of PNCBC's specialty lending products comprising Steel
City Capital Funding, a provider of cash flow and 2nd lien financing; PNC Technology Finance which leverages the recurring revenue of sponsor backed software companies; and the Cerberus PNC Senior Loan
Fund LLC, a provider of large first out cash flow financings.
Backed by more than $ 250 million in venture
capital funding, Bird, LimeBike, and Spin have dumped hundreds of scooters for adults on the
city in recent weeks, much to the chagrin of regulators.
The people who are furious about the closure of the Edmonton
City Centre Airport or annoyed about the
funding of the Art Gallery of Alberta are unlikely to vote for the same candidate as the people angry over the
Capital Power - Epcor decision.
Facing increasingly rocky relations with organized labor and criticism for engineering a sweeping state -
funded bailout deal for the distressed
capital city, Hartford Mayor Luke Bronin has abandoned his bid for governor.
He subsequently held a series of leadership positions across PNC, including portfolio management, and was National Head of Originations for Steel
City Capital Funding.
Projects & campaigns Better Hospital Food Brexit
Capital Growth Children's Health
Fund Children's Food Campaign Food and Farming Policy Food co-ops Food co-ops toolkit Food Poverty Food Power Food Waste Good Food For London Growing Health Jellied Eel London Food Link Parents» Jury Planning Food
Cities Real Bread Campaign Roots to work Save Our Antibiotics Sugar Smart UK Sustainable Fish
Cities Sustainable Food Sustainable Food
Cities The Big Dig Urban Food Fortnight
The
city's Advisory Cultural Commission had recommended the
funding come from other sources, but Councilman Steve Chirico disagreed, saying he doesn't mind using the grant money for
capital projects.
New NYC Comptroller Scott Stringer is calling for an end to what he describes as a tax loophole that allows New York
City private equity firms, hedge
funds and venture
capital firms to keep several hundred million dollars a year in their coffers instead of giving it to the tax man.
With a modernization plan due soon from the new head of the MTA's New York
City Transit division and another five - year MTA capital plan looming, all signs point to the governor asking the city to yet again allocate additional funds toward the state - controlled
City Transit division and another five - year MTA
capital plan looming, all signs point to the governor asking the
city to yet again allocate additional funds toward the state - controlled
city to yet again allocate additional
funds toward the state - controlled MTA.
Even Monte dei Paschi di Siena, the oldest surviving bank in the world, whose headquarters dominate the hilltop to the northwest of Valdimontone, has
funded capital projects including biotechnology research labs on the
city's outskirts.
The report contains an extensive section supporting the governor's argument — contrary to widely accepted doctrine — that it is actually the
city's responsibility, not the state's, to
fund capital improvements to the subway and bus system.