Sentences with phrase «fund expansion plans»

BitPay is planning to use this amount to fund its expansion plans, especially in the emerging Asian Markets.
As for J&M, its situation is more straightforward: It wants external investment to fund its expansion plans, but says it was unable to obtain this because of the Model Rules.
Companies in this situation may not be able to raise further capital to fund expansion plans.
Therefore, my focus now is on building my capital base through Value - Growth Investing, where I switch my focus from companies that pay generous dividends to companies that are in the phase of growth where companies use the money that could have been paid as dividends to fund their expansion plans instead.
Business Investing — You can take a home equity loan to pay for supplies, invest in a growing business or to fund an expansion plan.
The company was initially seeking $ 36 million from the initial coin offering to fund its expansion plan.

Not exact matches

Founder and CEO Apoorva Mehta said the company planned to use the new funding for continued geographic growth, technology enhancements, and category expansion.
With its latest raise, what3words plans to put the funds to use for further global expansion, to launch a new voice recognition product, develop its unique address system in several Asian languages, and support the growth of its team.
His expansion plans are modest — three new stores a year — and will be funded by an unnamed wealthy private investor and City National Bank.
Perth - based Avita Medical has announced plans to raise up to $ 11.4 million to fund the company's expansion into the US market.
Amazon has suspended part of its expansion plans in Seattle, pending the outcome of a City Council vote on a new tax on large employers that would fund programs aimed at providing affordable housing and helping the homeless.
In a letter to House on March 21, the hedge fund pushed Tim Hortons to scale back any plan for further U.S. expansion plan or «scrap it altogether.»
Maidenhead - based cleaning franchisor Molly Maid has secured a funding package worth # 863,750 from HSBC to support its ambitious UK expansion plans.
In addition to outlining its planned expansion, Chainalysis shared that it received $ 16 million in Series A funding from Silicon Valley venture capital firm Benchmark.
In this case, the company receives no additional capital that would fund new projects or expansion plans.
«The key challenges faced by Cathay Pacific are stiff competition from well - funded, state - owned Chinese carriers, as well as Hong Kong Airlines and HK Express, which have aggressive fleet - expansion plans in the next two years,» said Corrine Png, the founder of Crucial Perspective, an Asian aviation industry consultant.
CHAPTER TWO: Part A — Raising capital for your startup or funds for your small business expansion plans is no doubt one of the most challenging aspects of starting or growing a business.
Companies often need new funds to facilitate expansion plans or for other large expenses.
Business credit growth has also picked up modestly over recent months, although with generally healthy profit growth, many firms are still able to rely on internal funding to finance expansion plans.
The startup plans to utilise the funds to power up its technology infrastructure, strengthen customer support, develop new value - added services, and fuel expansion, Repaireasy said in a press statement.
Following this rapid growth period, we anticipate that GFI will slow their expansion over the next year.9 They are planning to increase their fundraising capability primarily through strengthening their relationships with existing donors as well as identifying new potential groups of donors.10 They hope this will allow them to maintain sustained growth beyond the startup phase.11 Given additional funding, we do think that GFI is structured in such a way that they could continue to expand their organizational capacity across all departments; however, we think that it's possible they will continue to encounter some hiring issues (although not to the same extent as those seen in 2017).
Last year we estimated that they could use $ 500,000 — $ 1 million more than their 2016 budget of $ 2.5 million, primarily to be used to establish an operating reserve1 and to begin some of their additional planned expansion.2 This year they are attempting to exceed that additional funding estimate, with a fundraising goal of $ 4.66 million.3 This includes the second half of their $ 1 million grant4 awarded by The Open Philanthropy Project (Open Phil) in 2016.5
PWM speaks to representatives of the Luxembourg funds industry about plans for its expansion and recent fintech initiatives
On December 12, 2010 Shopify secured the acquisition of $ 7 million in Series A funding, planning on using the proceeds towards product development, international expansion, technology, and infrastructure and developer tools.
She imposed a five - year freeze on the carbon tax, refuses to use carbon tax revenue to fund climate solutions, exempted the LNG industry from calculating greenhouse gas emissions on 70 per cent of its operations, cancelled a home retrofit program, and derailed public transit expansion plans with a built - to - fail referendum.
«There is a backlog of investment opportunities, both from private equity firms looking to exit their positions and from local corporates that are looking for strategic partners to grow their core competencies and fund their regional expansion plans,» Beyhum says.
Although business is increasing for Pellerito Foods, and even though the company is eager to take advantage of it, Pellerito says the recession has made many banks timid about releasing the funding it needs for its expansion plans.
The expansion project was planned to be implemented in phases over a period of four years and estimated to require an investment of around $ 120m, funded from local debt and finance from sales.
Silver Fern Farms, a sheep and beef exporter, has been seeking capital to improve its balance sheet, as well as fund its international expansion plans.
Chinese controlled - New Zealand dairy company Synlait Milk Ltd is planning a public share offer to fund an expansion in China's booming infant formula market, tapping into global demand for food - related investments in Asia.
Medicaid is the tool under Obamacare that is being used to plan for covering 20 - 30 million of the uninsured.The Supremes will strike a major blow against universal health care coverage if the mandate and Medicaid expansion of struck down.In addition, a negative decision on Obamacare will affect the closing of the Medicare Part D donut hole; the ability of youth remaining on parents» policies until age 26; and the funding of hundreds of community health centers.That is a lot of power being given to 5 unelected, lifetime tenure, white men.
We've already seen activists pour money into advocacy groups like Planned Parenthood and the ACLU, in the latter case funding a massive expansion of their work.
The plan includes an expansion of the state's Urban Youth Jobs Program, a large increase in affordable housing and homeless services funding, and a student loan program that would supplement the federal Pay As You Earn income - based loan repayment program.
The poll question made reference to de Blasio's assertion that his plan would provide more stable funding for the city, but not to the mayor's argument that his plan would generate enough money for a more comprehensive, better - quality expansion of the city's pre-K offerings than Cuomo's would.
Buffalo - born billionaire and philanthropist Jeffrey Gundlach has pledged an additional $ 10 million to fund the Albright - Knox Art Gallery's expansion, and he purchased a house near the gallery that he plans to renovate.
Cuomo's announcement of a planned $ 1 billion expansion of the Jacob K. Javits Convention Center on Manhattan's West Side promised jobs and economic activity, but neglected to mention how it will be funded.
The FY2016 budget also allocates $ 250 million in funding for the East Bronx Metro North expansion plan.
Once results are in by the end of summer, Walsh says the city will develop a business plan, and then look for funding, with an eye toward a state pot of money earmarked for broadband expansion.
It also expresses «real concerns» that the expansion of the ISTC programme - at a planned cost of more than # 5 billion in total - could «destabilise» NHS trusts in the area by taking away a huge amount of their funding.
While numerous details still need to be worked out, Senate Appropriations Chairman Rob Bradley, a Fleming Island Republican, said, in part, that lawmakers plan to provide $ 80 million in tax cuts and will fund an expansion of the Bright Futures scholarship program, a priority of Senate President Joe Negron, a Stuart Republican.
SHANDAKEN, N.Y, >> The Town Board has approved a resolution that calls on the state to provide funding this year for the planned expansion of the Belleayre Mountain Ski Center.
As controversy has swirled around a Pittsfield museum's plan to sell parts of its permanent collection to fund a multi-million dollar expansion and future vision, a local state representative is supporting the institution's leadership.
With his re-election campaign on the horizon, Mr. de Blasio recently announced a further expansion, which would offer free pre-K to all 3 - year - olds by 2021 — but the funding plan remains unknown.
In addition to the expansion of Peck Slip, the DOE also announced Tuesday that it is planning to shift $ 200 million in technology funding from this year's budget to 2013 and 2014, to even out the amount the city has to spend over the next three years.
For their part, Bronx officials continue to drum up public support for the plan and lobby the state for funding in hopes of completing the expansion by 2019.
May has already dropped plans to push through social care funding changes dubbed the «dementia tax», and an expansion of grammar schools since the election.
The rival pols have been locked in a feud over who should pay for the transit agency's capital plan to fund expansion and maintenance projects, with Cuomo demanding de Blasio increase the city's contribution to $ 3.2 billion.
«I've helped secure two new public schools for the district (an elementary school on 17th Street and most recently, a new middle school at 75 Morton St.), fought NYU's irresponsible campus expansion plan, established a legal defense fund for rent - stabilized tenants... and brokered a deal to renovate Washington Square Park,» he said.
De Blasio's plan is to hike income taxes on city residents earning more than $ 500,000 a year in order to fund an expansion of Pre-K.
It is expected be rolled out this year, although plans for future expansion may be in jeopardy: President Trump's proposed 2019 budget cuts the USGS program's $ 8.2 million in funding.
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