Category: Commerce

  • MIL-OSI USA: Wasserman Schultz, DeGette Lead Congressional Call for FDA to Wrap Up E-Cigarette Marketing Review, Take Action on Thousands of Illegal E-Cigarette Products on Shelves

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    “Flavored e-cigarettes put a new generation of kids at risk of nicotine addiction and the serious health harms that result from tobacco use. When children’s health is at stake, we cannot tolerate any delay. Unfortunately, the most popular tobacco products with kids have been on the market for several years, with observable negative consequences for public health, and I am very disappointed that the FDA still has not finalized reviewing pending applications per the court-ordered deadline, nor has it removed all these illegal products from the shelves,” said Wasserman Schultz. “Leaving flavored e-cigarette products widely available without understanding the full impact they have on attracting youth and other non-tobacco users is dangerous and the FDA must swiftly finalize this review process and use all its enforcement tools available to make sure that kids are protected against illegal, kid-friendly products.”

    Washington, DC – Today, U.S. Reps. Debbie Wasserman Schultz (FL-25) and Diana DeGette (CO-01) announced that they led 65 Members of Congress in a letter to call on the U.S. Food and Drug Administration (FDA) to finalize review of outstanding Premarket Tobacco Product Applications (PMTAs) for e-cigarette products and to take aggressive enforcement action to remove the thousands of illegal, flavored e-cigarettes that remain on the market without approval. The Members also urged the agency to follow the science on the well-documented risks that flavored e-cigarettes pose to youth and deny PMTAs for all non-tobacco-flavored e-cigarettes, including menthol-flavored products.

    “Flavored e-cigarettes put a new generation of kids at risk of nicotine addiction and the serious health harms that result from tobacco use. When children’s health is at stake, we cannot tolerate any delay. Unfortunately, the most popular tobacco products with kids have been on the market for several years, with observable negative consequences for public health, and I am very disappointed that the FDA still has not finalized reviewing pending applications per the court-ordered deadline, nor has it removed all these illegal products from the shelves,” said Wasserman Schultz. “Leaving flavored e-cigarette products widely available without understanding the full impact they have on attracting youth and other non-tobacco users is dangerous and the FDA must swiftly finalize this review process and use all its enforcement tools available to make sure that kids are protected against illegal, kid-friendly products.”

    “Over 1.6 million middle and high-school aged students use e-cigarettes – an unacceptably high figure. There are thousands of products on the market designed specifically to appeal to young people, including flavored e-cigarettes,” said DeGette. “The FDA must follow the science and crack down on bad actors looking to hook America’s youth on nicotine instead of allowing Big Tobacco to continue to jeopardize the health of our young people while padding their own pockets.”

    “We applaud Reps. Wasserman Schultz and DeGette and all the signers of this letter for their leadership in urging the FDA to finish its review of e-cigarette marketing applications and step up enforcement against the thousands of illegal, flavored e-cigarette products on the market,” said Yolonda C. Richardson, President and CEO of the Campaign for Tobacco-Free Kids. “We cannot allow e-cigarette companies to continue targeting our kids with products that are more addictive than ever, with some now even having built-in video games. The FDA and other agencies must act to take these products off the market.”

    The FDA was under a court-ordered deadline to complete review of pending e-cigarette applications that were filed on time by September 9, 2021. While FDA has completed its review of many e-cigarettes, reviews of thousands of PMTAs remain incomplete, including applications for some products with a large market share that are most popular with youth, such as Juul. At a recent Energy and Commerce Health Subcommittee hearing, FDA indicated that nearly 500,000 e-cigarette PMTAs remain under review at the agency. Completing these premarket reviews and taking aggressive enforcement actions to clear that market of illegal e-cigarette products that do not have FDA authorization are important ways to protect youth from e-cigarettes.

    Signers include: Becca Balint; Nanette Barragán; Joyce Beatty; Ami Bera; Lisa Blunt Rochester; Suzanne Bonamici; Brendan Boyle; Julia Brownley; Nikki Budzinski; Judy Chu; Emanuel Cleaver; Steve Cohen; Angie Craig; Danny Davis; Madeleine Dean; Rosa DeLauro; Mark DeSaulnier; Lloyd Doggett; Adriano Espaillat; Dwight Evans; Brian Fitzpatrick; Lois Frankel; John Garamendi; Raúl Grijalva; Robin Kelly; Andy Kim; Raja Krishnamoorthi; Ann Kuster; Greg Landsman; Barbara Lee; Mike Levin; Ted Lieu; Celeste Maloy; Betty McCollum; Grace Meng; Kevin Mullin; Jerrold Nadler; Eleanor Norton; Chris Pappas; Brittany Pettersen; Dean Phillips; Chellie Pingree; Mark Pocan; Katie Porter; Mike Quigley; Jamie Raskin; Janice Schakowsky; Hillary Scholten; Kim Schrier; Terri Sewell; Eric Sorensen; Darren Soto; Melanie Stansbury; Eric Swalwell; Rashida Tlaib; Jill Tokuda; Ritchie Torres; Lori Trahan; David Trone; Lauren Underwood; Juan Vargas; Maxine Waters; Bonnie Watson Coleman.

    The full letter can be found here.

    ###

    MIL OSI USA News

  • MIL-OSI United Kingdom: DAERA launches £1.55 million rural micro business development grant aid fund

    Source: Northern Ireland – City of Derry

    DAERA launches £1.55 million rural micro business development grant aid fund

    17 October 2024

    Small businesses in the Derry City and Strabane Council area are being encouraged to stake their claim for development grant funding worth up to £4,999.00.
    DAERA’s Rural Business Development Grant Scheme will deliver a total of £1.55 million in capital grants to support rural micro businesses across Northern Ireland.
    The programme is funded through the Department of Agriculture, Environment and Rural Affairs Rural Business Development Grant Scheme (RBDGS)  and is delivered in partnership with local Councils. 
    Mayor of Derry City and Strabane District Council, Councillor Lilian Seenoi-Barr, encouraged local businesses to find out more about the application process and avail of the opportunity to give their business a competitive edge.
    “This programme offers rural micro businesses the opportunity to take their enterprise to the next level,” she said,
    “It is an opportunity to invest in equipment and machinery that can streamline your business and give you a competitive edge in the marketplace
    “I would urge applicants to book their attendance at the Pre Application workshops now as these are mandatory for a successful application,” she added.
    Eligible rural businesses can apply for capital assistance of 50% up to the value of £4,999 for the purchase of capital equipment that will help their business to enhance sustainability or lead to growth opportunities and the creation of employment opportunities which in turn strengthen the rural economy.
    Launching the scheme, Minister of Agriculture, Environment and Rural Affairs, Andrew Muir, MLA, said: “I am pleased to announce the opening of the £1.55 million Rural Business Development Grant Scheme.
    “This fund is important in delivering on the Department’s priority of building strong sustainable and diverse rural communities and the draft Programme for Government priority of growing a globally competitive and sustainable economy with a focus on addressing regional balance”.
    Minister Muir continued: “I urge all eligible rural businesses to go online and apply as soon as possible.
    “Rural Businesses continue to play a vital role in our rural communities and I want to support them at this challenging time and provide them with opportunities that will maximise their potential and stimulate business growth”.

     Only online applications can be accepted for this scheme. 
    The Scheme opens for applications at 9.00am on 16 October 2024 and closes at 12 noon on 8 November 2024.

    For more details on pre-application workshops and link to the Application visit http://www.derrystrabane.com/businesssupport
    The workshops will take place on Wednesday October 23rd at 6pm (Online), Wednesday 30th October at 1pm (Glenelly Room, Strabane) and Tuesday November 5th at 1pm (Online).

    Details of the Rural Business Development Grant Scheme are on the DAERA website at Rural Business Development Grant Scheme (RBDGS) 2024/2025 | Department of Agriculture, Environment and Rural Affairs (daera-ni.gov.uk). 

    Only online applications can be accepted for this scheme. 
    The Scheme opens for applications at 9.00am on 16 October 2024 and closes at 12 noon on 8 November 2024.

    MIL OSI United Kingdom

  • MIL-OSI: Sift Now Integrates with Ping Identity’s PingOne DaVinci to Prevent Account Takeover and Streamline Logins

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) — Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today announced a new integration with Ping Identity. The integration uses PingOne DaVinci™, a no-code identity orchestration service, and allows Ping Identity customers to leverage Sift’s AI-powered platform to prevent account takeover (ATO) attacks and streamline the consumer experience.

    Businesses have faced an onslaught of account takeover fraud in recent years, with blocked attack rates increasing 24% across the Sift Network in Q2 2024 compared to the same period in 2023. This jump is on top of the 354% increase seen in the previous year, aligning with the availability of generative AI tools. Account takeover has become a favored tactic by fraud actors in part because it allows cybercriminals to both immediately drain stored value from consumers’ online accounts and then use their stored payment details to commit payment fraud.

    Sift’s integration with Ping Identity allows businesses to protect against ATO attacks by leveraging Sift’s Global Data Network, which processes over 1 trillion risk and identity signals per year. Sift provides customers with a trio of machine learning models that identify fraudulent behavior before attacks hit, so businesses can thwart attacks in real-time, while accurately and dynamically applying friction only when necessary.

    “As account takeover attacks grow in scale and complexity, it is crucial to align fraud and Consumer Identity Access & Management (CIAM) workflows to fully protect the entire user journey,” said Raviv Levi, Chief Product Officer at Sift. “Through our integration with DaVinci, businesses can create a more secure and seamless consumer experience and effectively mitigate the risk of fraud at every touchpoint.”

    Sift joins a growing network of technology partners developing integrations with DaVinci through the Ping Identity Global Technology Partner Program. Partner solutions that integrate with DaVinci deliver an improved customer experience in a fraction of the time, through easy drag-and-drop design of digital user journeys across multiple applications and ecosystems.

    “Ping Identity is committed to expanding our technology partner ecosystem to deliver better, more frictionless customer experiences,” said Loren Russon, the SVP of product management at Ping Identity. “Our collaboration with Sift leverages DaVinci’s seamless orchestration to ensure dynamic user journeys are delivered quickly and efficiently at every stage of the user journey.”

    For more information on Sift’s work with Ping Identity, go here.

    About Sift
    Sift is the AI-powered fraud platform securing digital trust for leading global businesses. Our deep investments in machine learning and user identity, a data network scoring 1 trillion events per year, and a commitment to long-term customer success empower more than 700 customers to grow fearlessly. Brands including DoorDash, Yelp, and Poshmark rely on Sift to unlock growth and deliver seamless consumer experiences. Visit us at sift.com and follow us on LinkedIn.

    About Ping Identity
    Ping delivers unforgettable user experiences and uncompromising security. We make crafting digital experiences simple for any type of user—partners, customers, employees, and beyond. We are anti-lock-in. That means integration with existing ecosystems, clouds, and on-prem technologies is simple. Out-of-the-box templates let businesses leverage our identity expertise to give their users frictionless experiences. Whether they’re building a foundation of modern digital identity, or out-innovating their competitors with cutting-edge services like digital credentials, AI-driven fraud prevention and governance, Ping is the one-stop shop for game-changing digital identity.

    Media Contact
    Victor White
    VP, Corporate Communications, Sift
    press@sift.com

    Ping Identity Media Relations
    Megan Johnson
    press@pingidentity.com
    757.635.2807

    The MIL Network

  • MIL-OSI Canada: MP Chahal announces federal investments to enable Calgary businesses to scale-up and create jobs

    Source: Government of Canada News

    News release

    More than $13 million through PrairiesCan will support the region’s innovative, high-growth companies to ramp up production and enter new markets

    October 17, 2024 – Calgary, Alberta – PrairiesCan

    The Calgary region is rapidly emerging as one of North America’s top technology hubs and is home to some of Canada’s most innovative, high-growth companies that are strengthening our economy. The federal government is supporting Calgary’s leading-edge companies to continue growing and creating quality jobs that Canadians can count on.

    Today, George Chahal, Member of Parliament for Calgary Skyview, on behalf of the Honourable Dan Vandal, Minister for PrairiesCan, announced a federal investment of over $13 million for eight Calgary and area companies to scale-up, access new markets for their products and services, and create new opportunities for job seekers. Each of these companies is a leader in developing innovative applications in sectors such as digital, healthcare and clean technology.

    Local companies receiving support include:

    • Aligned Outcomes is receiving up to $178,088 to upgrade its Enterprise Digital Twin platform software to support expansion into the post-secondary market and create new jobs in Alberta’s digital sector.
    • Avanti Software is receiving up to $3,000,000 to optimize functionality and competitiveness of human resource management software to scale-up the company’s business prospects nationally and increase market share.
    • Global Analyzer Systems is receiving up to $1,500,000 to launch and scale-up an advanced nitrogen dioxide analyzer using enhanced efficient and cost-effective technology that supports more stringent pollutant regulation and lowering the carbon footprint.
    • Morweb is receiving up to $850,000 to accelerate the growth of its sales, marketing and product development to enhance its cutting-edge website platform, which empowers non-profit organizations worldwide to build and manage dynamic, mission-driven websites with ease and advanced functionality.
    • PK Sound is receiving up to $2,282,377 to accelerate the manufacturing of its patented robotic audio systems to meet growing global demand.
    • Surface Medical is receiving up to $262,362 to accelerate sales and marketing to fuel revenue growth for its market-first, patented product called CleanPatch which helps keep healthcare surfaces clean and safe for patients and workers.
    • TEKTELIC is receiving up to $3,979,752 to develop, test, certify, manufacture and launch digital health ‘Internet of Things’ products and solutions for the Canadian health sector.
    • WaitWell is receiving up to $1,000,000 to enhance capabilities of current software to digitally transform services for clients, including analytics that will streamline operations as well as expand further into Canadian and American markets.

    In total, these investments are expected to help support approximately 180 jobs and enhance the ability of local companies to access the talent, technology and resources they need to bring Alberta-made innovations to new domestic and global markets.

    In line with the principles of the Government of Canada’s Framework to Build a Green Prairie Economy, these investments are about collaborating on local priorities and building on local strengths to support economic development, making a sustainable and prosperous net-zero economy achievable by enhancing capacity and skills development in Prairie communities, and providing support to grow businesses.

    Quotes

    “Today’s investments will further enable some of Calgary’s most innovative companies to grow their production capacity, launch new services and applications, and expand to new markets locally, nationally and globally. Each of these firms is playing a key role in helping strengthen and diversify the region’s economy while creating quality jobs that Albertans can rely on.”

    –The Honourable Dan Vandal, Minister for PrairiesCan

    “Calgary has become a hothouse for innovation, attracting talent and generating sustainable jobs. Today’s announcement reinforces our city’s reputation for having Canada’s most dynamic small- and medium-sized technology firms while positioning Alberta as the place to watch for technological advancements that make life better for all Canadians.”

    –George Chahal, Member of Parliament for Calgary Skyview 

    “Global Analyzer Systems is leading the way in advancing air emissions measurement technology, and with the support of PrairiesCan, our G60 CRDS NOx-NO2-NO analyzer is bringing greater certainty to air emissions measurement. This technology benefits many industries, ensuring scientifically defensible data and promoting a higher level of environmental responsibility. We are deeply committed to shaping an innovative future and extend our heartfelt gratitude to PrairiesCan for their pivotal role in this next step of our journey.”

    –Brian Rosentreter, CEO and CTO, Global Analyzer Systems 

    “We’re deeply grateful for the support of PrairiesCan. Being proudly Albertan founded and headquartered, we’ve been able to accelerate our technology transformation efforts and positively influence hundreds of Canadian companies supporting over a hundred thousand employees in Canada who are compensated and managed through our Human Capital Management software-as-a-service. All of this in a field dominated by large public and private-equity owned incumbents.”

    –David Owen Cord, CEO, Avanti Software

    “Our team at PK Sound is incredibly proud that technologies we develop, test, and manufacture right here in Calgary go on to support a wide array of live events all around the world – from major concerts and festivals for hundreds of thousands of people to intimate theatrical productions, corporate and philanthropic events, and beyond. PrairiesCan’s Business Scale-up and Productivity program enables PK Sound to keep up with our significant year-over-year growth and ensures our made-in-Canada innovations are increasingly viable and available options for a growing list of customers and collaborators.”

    –Jeremy Bridge, CEO, PK Sound

    “We are very grateful for the support from Prairies Economic Development Canada, which aids TEKTELIC in introducing innovative, practical, and affordable Digital Medicine solutions for everyone. Our solutions will reduce the time and effort nurses spend on routine vital sign measurements, allowing them to focus more on patient care. By increasing response times to adverse conditions and enabling earlier discharges for patients to recover at home, we are enhancing overall healthcare delivery. We believe these advancements will transform how patients are monitored and observed in hospitals and at home, leading to significantly more effective outcomes.”

    –Roman Nemish, President, TEKTELIC

    Quick facts

    • Federal funding for eight Calgary and area companies is being provided through PrairiesCan’s Business Scale-up and Productivity program, as well as the Jobs and Growth Fund.

    • The Business Scale-up and Productivity program supports high-growth businesses that are scaling up and producing innovative goods, services or technologies. Funding is interest-free and repayable.

    • The Jobs and Growth Fund helps job creators and the organizations that support them future proof their businesses, build resiliency, and prepare for growth. Funding is interest-free and repayable.

    • The Framework to Build a Green Prairie Economy is a long-term commitment to work differently, through stronger coordination among federal departments on investments for the Prairies and closer collaboration with Prairie partners on their priorities for a prosperous and sustainable Prairie economy.

    Associated links

    Contacts

    Carson Debert
    Press Secretary
    Office of the Minister of Northern Affairs and Minister responsible for PrairiesCan and CanNor
    Carson.Debert@rcaanc-cirnac.gc.ca

    Rohit Sandhu
    Communications Manager
    Prairies Economic Development Canada
    rohit.sandhu@prairiescan.gc.ca

    Stay connected

    Follow PrairiesCan on X (formerly Twitter) and LinkedIn
    Toll-Free Number: 1-888-338-9378
    TTY (telecommunications device for the hearing impaired): 1-877-303-3388

    MIL OSI Canada News

  • MIL-OSI United Kingdom: Museum of Oxford awarded grant by The National Lottery Heritage Fund to celebrate 50th anniversary

    Source: City of Oxford

    Published: Thursday, 17 October 2024

    The Museum of Oxford has been awarded a £136,309 grant by The National Lottery Heritage Fund to mark its 50-year anniversary in 2025.

    The National Lottery funding will support a new project titled “50 Years and Beyond: Embedding Community Voices”, which aims to engage Oxford’s diverse communities in celebrating and sharing their heritage and the city’s rich history. 

    As part of the project, the Museum of Oxford will collaborate with Oxford’s communities to co-create an exhibition and year-long programme of events. Working closely with local people, community groups, and Oxfordshire County Council’s Museum Collections Team, the museum will identify existing and new objects, stories, and artefacts that reflect the cultural diversity of Oxford’s residents. These materials will become part of the museum’s permanent collections through loans or acquisition, ensuring they remain accessible to future generations. 

    The project will invite community contributors to co-curate exhibition content, sharing their perspectives on Oxford’s history and offering new heritage stories. Through expert talks, family activities, and special events, the public programme will celebrate Oxford’s unique heritage while fostering community cohesion. 

    Key Project Outcomes 

    • Public programme: A celebratory year-long series of events including talks, family activities, and exhibitions. 

    • Workforce development: Recruitment of a Cultural Learning and Participation Apprentice, who will undertake a Level 3 apprenticeship, gaining skills in partnership working, consultation, and exhibition development. 

    • Sustainable heritage: The project will establish a cross-generational, cross-community approach, ensuring the museum continues to reflect and represent Oxford’s diverse cultural landscape for years to come. 

    The Museum of Oxford will begin preparations this autumn, with the project running for 26 months leading up to and beyond the 50th anniversary celebrations in 2025. 

    Comment 

    “We are delighted to support this project, which thanks to money raised by National Lottery players, will mean that more people will be able to get involved with, protect, and learn about the exciting heritage right on their doorstep. Heritage has a huge role to play in instilling pride in communities and boosting local economies, and this project is a fantastic example of achieving those aims.” 

    Stuart McLeod, Director of England – London & South at The National Lottery Heritage Fund 

    “We are really pleased to have received this support from The National Lottery Heritage Fund. This project is a great opportunity to bring more voices into the Museum of Oxford’s story, ensuring that our heritage reflects the rich diversity of our city. By working closely with local communities, we’re not just celebrating 50 years of the museum, but also creating a lasting legacy that represents everyone who calls Oxford home.” 

    Alex Hollingsworth, Cabinet Member for Business, Culture, and an Inclusive Economy at Oxford City Council 

    MIL OSI United Kingdom

  • MIL-OSI USA: Major Solar Milestone Achieved a Year Early

    Source: US State of New York

    Governor Kathy Hochul today announced that 6 gigawatts (GW) of distributed solar have been installed across New York, marking the early achievement of the State’s Climate Leadership and Community Protection Act statutory goal a year ahead of schedule. The solar power generation, which benefits homes, business owners and off-takers of community solar projects, is enough to power more than a million homes, underscoring New York’s leadership in growing one of the strongest distributed solar markets in the nation.

    “Today we celebrate the early achievement of New York’s 6-GW milepost, which brings us one step closer to a reliable and resilient zero-emission grid,” Governor Kathy Hochul said. “Distributed solar is at the heart of reducing greenhouse gas emissions, expanding the availability of renewable energy, and delivering substantial benefits for our health, our environment, and our economy.”

    New York State Energy Research and Development Authority (NYSERDA) President and CEO Doreen M. Harris made the announcement at a distributed solar project in the Town of New Scotland. The project, developed by New Leaf Energy and owned by Generate Capital, includes a 5.7-megawatt solar array that will produce 6.7 million kilowatt-hours of solar energy annually, enough to power nearly one thousand homes. The project participates in the Solar for All pilot program with utility partner National Grid where the energy harnessed by this project benefits low-income households.

    New York State Energy Research and Development Authority President and CEO Doreen M. Harris said, “As the top community solar market in the nation, New York State has provided a replicable model for others to deliver clean, low-cost renewable energy to more consumers. Our public-private partnerships are the catalysts which have helped us to achieve our 6-GW goal well ahead of target, trailblazing New York’s path to an equitable energy transition.”

    With the achievement of New York’s 6-GW goal—which is underpinned by support from the State’s signature $3.3 billion NY Sun initiative—distributed solar is generating enough energy to power more than a million homes and businesses across the state, including those in disadvantaged communities. The expeditious achievement of the 6-GW goal has also generated approximately $9.2 billion in private investment across New York.

    To date, solar projects in New York have created more than 14,000 solar jobs statewide, from engineering and design to installation. In addition, New York requires all solar projects more than 1 megawatt (MW) in size to pay prevailing wages, further supporting the opportunity to advance family sustaining clean energy jobs across New York.

    In anticipation of the success, three years ago Governor Hochul directed NYSERDA and the Department of Public Service to expand the goal to 10 GW by 2030. With 6 GW now complete, New York continues to be ahead of schedule for reaching the expanded 10-GW goal with almost 3.4 GW already in development.

    New York State Public Service Commission Chair Rory M. Christian said, “Hitting this 6 GW milestone is an important accomplishment, and all involved in this endeavor deserve a round of applause. This is further evidence that distributed solar is a critically important piece of the equation and, through Governor Hochul’s leadership, we are well on our way to creating a clean energy economy.”

    New York Power Authority President and CEO Justin E. Driscoll said, “Today’s milestone is a testament to the power of strong partnerships in advancing distributed solar projects across New York State. As we work together to expand the deployment of solar energy, NYPA is committed to working with municipalities, school districts, and state entities to build a portfolio of projects that reduce greenhouse gas emissions and provide energy savings for our customers.”

    Generate Capital Investments Managing Director Peggy Flannery said, “Customers and consumers are asking for access to clean energy, and New York state is listening. We’re very excited to have helped New York reach six gigawatts of solar and deliver the benefits of clean energy to the community. Generate operates 69 projects and counting in New York, and this celebration is another proof point of our successful efforts in serving developers, customers, and local communities and accelerating the clean energy transition.”

    New Leaf Energy Director of Policy and Business Development Sam Jasinski said, “New Leaf is honored to be celebrating this impressive milestone with the many State and local agencies, towns, fellow industry members, and utilities that made it happen. It shows real progress towards meeting New York’s nation-leading clean energy goals. And while we’re incredibly proud of the work and partnerships that have led to this achievement, we’re more excited that it can be repeated and multiplied. With the State’s continued leadership, we’re confident we can get to 10 GW and beyond.”

    New York is the national leader in community solar deployments, allowing renters, low-income residents, and others who cannot install their own panels to benefit from solar energy. In 2023, New York ranked first in the nation in total installed community solar capacity. Last year was also the state’s most productive year ever for solar installations, with 885 MW of capacity installed.

    Through NY-Sun, New York is making it much easier for low-income households to benefit from solar projects through the first of its kind Solar for All pilot program. The Solar for All program, which is administered through NYSERDA, allows solar project developers to partner with National Grid to provide additional bill savings to low-income customers in their Energy Affordability Program (EAP). The Public Service Commission has approved an order to replicate NYSERDA’s Solar for All pilot program statewide, including solar projects in National Grid, ConEdison, Orange and Rockland, New York State Electric and Gas, Central Hudson Gas & Electric, and Rochester Gas and Electric utility territories.

    The statewide Solar for All program delivers an electric bill credit to EAP customers. The long-term program design is driving continued community solar and storage growth and directs the benefits of that growth to New York State’s low-income residents.

    Building on this effort, in April 2024, NYSERDA was selected to receive nearly $250 million from the United States Environmental Protection Agency (EPA) Solar for All program to enhance New York State’s existing portfolio of highly successful and effective solar deployment, technical assistance, and workforce development programs for the benefit of over 6.8 million residents that live in low-income households and disadvantaged communities. As part of the grant funding, the New York State Housing and Community Renewal, the New York City Department of Environmental Protection, and New York City Housing Preservation and Development, will also implement new programs that target specific barriers to solar deployment for this population.

    Clean solar energy reduces the need for fossil fuel-based power generation while producing less harmful emissions, resulting in cleaner air and improved public health.

    New York Solar Energy Industries Association Executive Director Noah Ginsburgh said, “New York has achieved its 2025 rooftop and community solar goal ahead of schedule and under budget, and we’re just getting started. Distributed solar projects are lowering New Yorkers’ electric bills, providing tax revenue to local governments, and employing thousands of workers across the Empire State. NYSEIA congratulates Governor Hochul, the legislature, NYSERDA, the Public Service Commission, the solar industry, and all New Yorkers on this important milestone.”

    Coalition for Community Solar Access Northeast Regional Director Kate Daniel said, “The Coalition for Community Solar Access (CCSA) congratulates the Empire State on reaching this impressive milestone. We are tremendously proud of the large role community solar has played in achieving the first Climate Act requirement ahead of schedule. The 6 GW of rooftop and community solar operating today in New York means direct bill savings for millions of customers, good-paying jobs and economic benefits to host communities, and millions of tons of reduced greenhouse gas emissions. We look forward to continued growth in New York’s community solar programs to help New York on its way to the remaining Climate Act goals.”

    State Senator Kevin Parker said, “The installation of six gigawatts of distributed solar energy is a giant step to meeting the state’s renewable energy goals and a major win for clean energy development, the environment and New York’s disadvantaged communities. I applaud Governor Hochul and NYSERDA for taking strong action to ensure New York is a national leader in solar energy production and making tremendous progress toward the goals under the CLCPA.”

    State Senator Neil Breslin said, “This program spreads the economic opportunities of solar power beyond corporate investors to local homeowners, property owners and small businesses. It is an increasingly important part of the clean energy mix New York State, and our nation, needs to leverage.”

    Assemblymember Patricia Fahy said, “Meeting New York’s ambitious climate mandates under the nation-leading CLCPA is not a question of if – but when. Today’s announcement showcases New York’s commitment to responsibly building out solar energy to help us transition to clean energy and reduce emissions that are driving costly extreme-weather events for too many communities across the state. Climate change is the transcendent threat of our time, and we are already paying for it. I couldn’t be prouder to see the Town of New Scotland right here in the 109th District leading the way to ensure that New York’s clean energy future is bright, affordable, and within reach.”

    New Scotland Town Supervisor Douglas LaGrange said, “As a Climate Smart Community, the Town of New Scotland is proud to have been a part of seeing this project come to fruition. We are equally proud that we can do our part to help reach Governor Hochul’s goals for renewable energy in New York State.”

    New York League of Conservation Voters President Julie Tighe said, “The state reaching its goal of 6GW of installed distributed solar is an important reminder that, with strong leaders like Governor Hochul and NYSERDA President Dorreen Harris, we are capable of tackling difficult challenges. And as the climate crisis grows more urgent by the day, there is no more important challenge than transitioning to a clean energy economy, which is why we must increase the pace of our renewable energy development and double down on our efforts to meet all of our CLCPA obligations, including by continuing to increase the distributed solar goal as we exceed initial targets.”

    Vote Solar Northeast Director Elena Weissmann said, “Distributed solar is a key component of NY’s decarbonization mandate, and promises cleaner air, good jobs, and lower energy bills for New Yorkers. As we celebrate this remarkable milestone – a year ahead of schedule – we must seize this opportunity to double down on what’s working so well. This moment is a testament to the power of distributed solar and a call to accelerate deployment of solar for our homes and communities, so that communities across the State can harness the benefits of a clean energy future.”

    National Grid’s Chief Operating Officer for Electric Brian Gemmell said, “Today’s announcement is an important next step in our ongoing efforts to build a smarter, stronger, cleaner electric grid that delivers reliable power for all New Yorkers. Greater access to renewable generation resources like solar power not only advances the state’s clean energy goals, but also helps secure long-term economic stability. We appreciate the partnership of Governor Hochul, NYSERDA, and all the other stakeholders who share our commitment to ensuring a safe, reliable, and accessible energy future.”

    New York State’s Nation-Leading Climate Plan

    New York State’s climate agenda calls for an orderly and just transition that creates family-sustaining jobs, continues to foster a green economy across all sectors and ensures that at least 35 percent, with a goal of 40 percent of the benefits of clean energy investments are directed to disadvantaged communities. Guided by some of the nation’s most aggressive climate and clean energy initiatives, New York is advancing a suite of efforts – including the New York Cap-and-Invest program (NYCI) and other complementary policies – to reduce greenhouse gas emissions 40 percent by 2030 and 85 percent by 2050 from 1990 levels. New York is also on a path to achieving a zero-emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economy wide carbon neutrality by mid-century. A cornerstone of this transition is New York’s unprecedented clean energy investments, including more than $28 billion in 61 large-scale renewable and transmission projects across the State, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, nearly $3 billion for clean transportation initiatives and over $2 billion in NY Green Bank commitments. These and other investments are supporting more than 170,000 jobs in New York’s clean energy sector as of 2022 and over 3,000 percent growth in the distributed solar sector since 2011. To reduce greenhouse gas emissions and improve air quality, New York also adopted zero-emission vehicle regulations, including requiring all new passenger cars and light-duty trucks sold in the State be zero emission by 2035. Partnerships are continuing to advance New York’s climate action with more than 400 registered and more than 130 certified Climate Smart Communities, nearly 500 Clean Energy Communities, and the State’s largest community air monitoring initiative in 10 disadvantaged communities across the State to help target air pollution and combat climate change.

    MIL OSI USA News

  • MIL-OSI Canada: Government reduces credit card fees by 27 per cent for small business owners

    Source: Government of Canada News (2)

    Canada’s small- and medium-sized businesses create good-paying jobs, keep main streets flourishing across the country, and deliver the dream of entrepreneurship.

    October 17, 2024 – Hamilton, Ontario           

    Canada’s small- and medium-sized businesses create good-paying jobs, keep main streets flourishing across the country, and deliver the dream of entrepreneurship. It is essential that these businesses thrive so they can continue being the bedrock of our communities and our economy.

    Small businesses pay fees to process credit card transactions, with the largest component being the interchange fee paid to credit card-issuing financial institutions, such as banks. That is why the federal government negotiated and finalized new agreements with Visa and Mastercard, which also protect reward points offered to Canadians.

    Today in Hamilton, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced that new credit card fee reductions for small business owners will come into effect this Saturday, October 19, 2024. For qualifying small businesses, Visa and Mastercard have agreed to:

    • reduce domestic consumer credit interchange fees for in-store transactions to an annual weighted average interchange rate of 0.95 per cent;
    • reduce domestic consumer credit interchange fees for online transactions by 10 basis points, resulting in reductions of up to 7 per cent; and,
    • provide free access to online fraud and cyber security resources to help small businesses grow their online sales while preventing fraud and chargebacks.

    More than 90 per cent of businesses that accept credit cards will receive lower rates and see interchange fees reduced by up to 27 per cent. These fee reductions will save eligible small businesses about $1 billion over five years.

    Reduced credit card transaction fees will save small businesses thousands of dollars every year. For example, if a store processes $300,000 in credit card payments, they currently pay nearly $4,000 in annual interchange fees. With these new agreements, the store could save $1,080 in fees every year. The federal government expects all members of the credit card industry, including payment processors, to pass these savings on directly to small businesses.

    Second, the federal government announced a revised Code of Conduct for the Payment Card Industry in Canada to protect over 1 million businesses that accept credit card and debit card payments from customers. Starting on October 30, 2024, the revised Code will help businesses compare prices and offers from different payment processors, and shorten the complaint handling response time by nearly 80 per cent to just 20 business days. All major payment card network operators in Canada have agreed to the terms of the revised Code. Certain obligations requiring complex or technical system changes will come into effect by April 30, 2025.

    In addition, the federal government announced the payment amounts for the new Canada Carbon Rebate for Small Businesses, which will deliver over $2.5 billion to about 600,000 Canadian businesses before the end of this year. The Canada Carbon Rebate for Small Businesses will deliver up to $4,010 to a business with 10 employees in Ontario, $59,100 to a business with 50 employees in Alberta, and $576,844 to a business with 499 employees in Saskatchewan. Small businesses in Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador will also receive payments.

    The government is taking action to help small businesses start up, grow, and thrive by reducing the costs of running a business. These reduced credit card fees for small business owners build on the government’s lowering of the small business tax rate to 9 per cent—which is already saving small businesses $6.6 billion every single year. 

    Katherine Cuplinskas
    Deputy Director of Communications
    Office of the Deputy Prime Minister and Minister of Finance
    Katherine.Cuplinskas@fin.gc.ca

    MIL OSI Canada News

  • MIL-OSI USA: Warren, Bowman, 30+ Lawmakers Urge Biden to Continue Bold Executive Action to Lower Housing Costs

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    October 17, 2024
    “We strongly encourage you to cement your legacy by addressing one of the most pressing economic issues of our time.”
    Text of Letter (PDF)
    Washington, D.C. – Today, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Jamaal Bowman (D-N.Y.) led a letter with over 30  lawmakers to President Joe Biden praising him for his actions to confront the housing crisis and proposing additional executive actions to lower the cost of housing.
    “Under your leadership, the Biden-Harris Administration has taken important steps to protect renters from predatory corporate landlords and to make home purchases and refinancing more affordable,” wrote the lawmakers. “But there is even more that can be done using executive agencies’ existing statutory authority.”
    The lawmakers recommend the Administration and federal agencies take the following actions:
    Price Gouging Protections: In order to safeguard tenants from rising rents at the hands of corporate landlord who have been caught price gouging their tenants, FHFA can condition all Fannie Mae and Freddie Mac multifamily loans on a set of price gouging protections, source of income protections, anti-eviction regulations, and habitability and accessibility improvements.
    Tackling Junk Fees: To address the hidden junk fees that can create thousands of dollars in additional costs for renters and homeowners, the Federal Trade Commission (FTC) should finalize its proposed rule to ban junk fees and continue to investigate unfair and deceptive practices by corporate landlords. Additionally, the Consumer Financial Protection Bureau (CFPB) should address anticompetitive closing costs and junk fees, lowering closing costs for home mortgages and making homeownership more accessible.
    Lowering Credit Report Costs: As the Fair Isaac Corporation (FICO) enjoys a near monopoly in the credit scoring market, the Department of Justice (DOJ) should investigate whether the company is violating antitrust law, and the CFPB should explore potential remedies to exploding credit reporting costs, including a cap on fees that credit reporting agencies can charge and interoperability requirements that would allow consumers to move their credit scores without new fees.
    Promoting Housing Development on Federal Property: Federal agencies can work to reform Title V of the McKinney-Vento Homeless Assistance program, so that federal property can more easily be leased by affordable housing providers who are serving people experiencing homelessness.
    Right now, the United States is facing a severe affordable housing crisis, with an estimated gap of 7.3 million housing units affordable and available to the lowest-income households.
    Already, the Biden-Harris Administration has taken bold steps to protect tenants from predatory corporate landlords, including the Blueprint for a Renters Bill of Rights, rent-hike protections in Low-Income Housing Tax Credit properties, and support for anti-price-gouging measures in properties owned by corporate landlords. The Administration has also worked to increase housing supply, including through grants to incentivize the production of affordable housing and more.
    “We strongly encourage you to cement your legacy by addressing one of the most pressing economic issues of our time and take swift action to create more housing and lower housing costs for Americans everywhere,” concluded the lawmakers.
    The letter is also signed by Senators Richard Blumenthal (D-Conn.), Cory Booker (D-N.J.), Edward J. Markey (D-Mass.), Christopher Murphy (D-Conn.), Bernard Sanders (I-Vt.), Peter Welch (D-Vt.), and Representatives Alma Adams (D-N.C.), Becca Balint (D-Vt.), Cori Bush (D-Mo.), André Carson (D-Ind.), Greg Casar (D-Texas), Sheila Cherfilus-McCormick (D-Fla.), Jesús G. “Chuy” García (D-Ill.), Sylvia R. Garcia (D-Texas), Raúl M. Grijalva (D-Ariz.), Pramila Jayapal (D-Wash.), Ro Khanna (D-Calif.), Barbara Lee (D-Calif.), Summer Lee (D-Pa.), James P. McGovern (D-Mass.), Alexandria Ocasio-Cortez (D-N.Y.), Ayanna Pressley (D-Mass.), Katie Porter (D-Calif.), Delia C. Ramirez (D-Ill.), Jamie Raskin (D-Md.), Mark Takano (D-Calif.), Shri Thanedar (D-Mich.), Rashida Tlaib (D-Mich.), Nydia Velázquez (D-N.Y.), Bonnie Watson Coleman (D-N.J.), and Nikema Williams (D-Ga.).
    This letter was endorsed by the Tenant Union Federation, National Housing Law Project, National Low Income Housing Coalition, National Homelessness Law Center, and Americans for Financial Reform.
    Senator Warren has long led the fight to make housing more affordable for families and has held companies accountable for their role in exacerbating housing costs:
    In September 2024, Senators Warren (D-Mass.) and other lawmakers demanded answers from corporate landlords in Massachusetts allegedly using rent-hiking algorithms.
    In August 2024, Senators Warren (D-Mass.) and Catherine Cortez Masto (D-Nev.), sent letters to each of the 11 Federal Home Loan Banks (FHLBanks) urging them to contribute at least 20% of their net income to affordable housing and other critical community grant programs.
    In July 2024, Senators Warren and Raphael Warnock (D-Ga.), and Representative Emanuel Cleaver (D-Mo.) reintroduced the American Housing and Economic Mobility Act, the landmark legislation to tackle the housing crisis, bring down costs for renters and buyers, and help working families everywhere find a decent place to live at a decent price. 
    In July 2024, Senator Warren and Representative Sara Jacobs led Senator Tim Kaine, Senator Jon Ossoff, Representative Ro Khanna, and Representative James Moylan in calling out the Department of Defense (DoD) for failing to protect military families living in military housing operated by private companies under the Military Housing Privatization Initiative (MHPI).
    In June 2024, Senator Warren sent a letter to the Federal Housing Finance Agency (FHFA) urging the agency to address our country’s affordable housing crisis by reforming the broken Federal Home Loan Bank (FHLB) System.
    In May 2024, Senator Warren reintroduced the Public Housing Emergency Response Act to address the estimated $70 billion backlog of maintenance and repairs in our nation’s public housing, which would allow tenants to live in safe conditions and ensure that, as we fight to end the housing crisis by expanding the supply of affordable housing, we are not losing existing units to disrepair.
    In April 2024, at a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Warren called out the Federal Home Loan Banks (FHLBs) for failing to deliver on their mission to provide affordable housing as the country faces a housing crisis.
    In January 2024, Senator Warren, John Hickenlooper, Jacky Rosen, and Sheldon Whitehouse sent a letter to Federal Reserve (Fed) Chair Jerome Powell, calling on the Fed to reverse its troubling interest rate hikes that have driven mortgage rates to 20-year highs and have put affordable housing out of reach for too many Americans.
    In March 2023, Senators Elizabeth Warren, Ed Markey, Tina Smith, and Bernie Sanders sent a letter to Jonathan Kanter, Assistant Attorney General of the Antitrust Division at the Department of Justice (DOJ) calling for the DOJ to investigate YieldStar following new findings from their investigation of RealPage’s YieldStar product.
    In January 2023, Senator Warren, and Representative Jamaal Bowman led a letter with 48 lawmakers, urging President Biden to use every tool he has to address rent inflation, end corporate price gouging in the rental market, and ensure that renters and people experiencing homelessness across this country are stably housed this winter.
    In November 2022,  Senators Warren, Tina Smith (D-Minn.), Bernie Sanders (I-Vt.) and Edward J. Markey (D-Mass.) sent a letter to RealPage CEO Dana Jones, expressing concern about RealPage’s algorithmic pricing software, YieldStar, and its role in driving rising rents and exacerbating inflation.
    In August 2022, at a Senate Banking, Housing, and Urban Affairs (BHUA) Committee  hearing, Senator Warren called out corporate landlords’ growing role in the rental market and emphasized the need for a Tenant Protection Bureau to hold corporate landlords accountable and protect renters from extreme rent hikes, illegal eviction, and other predatory practices.
    In May 2022, Senators Warren and Reed sent a letter to Secretary of the Department of Housing and Urban Development (HUD), Marcia Fudge, calling on HUD to preserve homeownership affordability for American families as Wall Street firms expand their activity in the housing market.
    In March 2022, at a BHUA Committee hearing, Senator Warren called out Wall Street’s role in worsening the housing affordability crisis for seniors by buying up manufactured home communities
    In February 2022, Senator Warren called out private equity firms and other big investors for exacerbating inflation and locking families out of affordable housing opportunities. 
    In January 2022, Senator Warren sent letters to the CEOs of three private equity-backed firms—Progress Residential, American Homes 4 Rent, and Invitation Homes —calling out their growing activity in the housing market that has resulted in rent hikes and unaffordable homes for first-time buyers.
    In August 2021, during a hearing exchange with Senator Warren, a Department of Housing and Urban Development nominee committed to consider changes that facilitate sales of distressed homes to homeowners, not private equity firms.
    In July 2021, Senator Warren called on large corporate landlords to avoid needless evictions as the CDC eviction moratorium neared expiration. 
    In May 2021, at a hearing, Senator Warren made the case for her American Housing and Economic Mobility Act, which would create a new housing innovation grant program to reduce exclusionary local zoning laws.
    On April 2021, Senator Warren and Representative Emanuel Cleaver, II (D-Mo.) reintroduced the American Housing and Economic Mobility Act to bring down the costs for renters and buyers, level the playing field so working families can find a decent place to live at a decent price, reduce exclusionary zoning laws, and take a step towards addressing the effects of decades of housing discrimination on communities of color.
    In May 2019, Senator Warren and then-Representative Dave Loebsack (D-Iowa) wrote to the private equity firms behind some of the country’s largest manufactured housing communities to request information about their use of predatory practices to boost profits in the communities they own.

    MIL OSI USA News

  • MIL-OSI USA: Wild, Casey, Fetterman, Secure Major Federal Investment in Lehigh Valley Semiconductor Manufacturer

    Source: United States House of Representatives – Representative Susan Wild (PA-07)

    Today, U.S. Congresswoman Susan Wild (D-PA-07) and U.S. Senators Bob Casey (D-PA) and John Fetterman (D-PA) announced a critical first step in a major federal investment to help the semiconductor manufacturer Infinera build a new plant in Bethlehem, PA. This investment, made possible by the CHIPS and Science Act, would support the expansion and modernization of a new Advanced Test and Packaging (ATP) facility creating good-paying jobs in the Lehigh Valley and increasing Infinera’s capacity to manufacture semiconductors, which are vital to national security and American supply chain resilience.

    “By supporting the construction of a new Advanced Test and Packaging Facility right here in Bethlehem, this grant will not only create hundreds of new jobs in our community, but it will revitalize our local semiconductor industry and address key national security concerns,” said Congresswomen Wild. “I was proud to help secure this funding for Infinera, to support our national security and intelligence communities and bolster our local economy and manufacturing ecosystem. I will continue to advocate for our community to receive federal resources, promote Made in America policies, and protect our nation from foreign adversaries.” 

    “I fought to pass the CHIPS and Science Act to ensure that Pennsylvania workers can continue leading the world in building the technology of tomorrow. This agreement is another critical step to deliver jobs and dollars to our Commonwealth, while protecting our Nation’s national and economic security,” said Senator Casey. “Infinera is emblematic of the future of the Lehigh Valley and I will keep fighting to bring manufacturing jobs to Pennsylvania.”

    “This is exactly what ‘Making Stuff Here’ in America and Pennsylvania looks like. Thanks to the Biden-Harris Administration’s implementation of the CHIPS Act, we’ll be seeing hundreds of good-paying jobs brought to Bethlehem. The Lehigh Valley has a rich history of innovation––it’s where the first facility to mass-produce transistors was built. By investing in companies like Infinera, we’re standing up to global competitors and building on American legacies,” said Senator Fetterman.

    The preliminary agreement between the U.S. Department of Commerce and Infinera Corporation would provide major investments to Infinera plants in Pennsylvania and California. Infinera is a semiconductor and telecommunications equipment manufacturer that has operated for over 20 years. The proposed CHIPS funding would support the construction of a new Advanced Test and Packaging (ATP) facility in Bethlehem, Pennsylvania, and would be expected, with the California facility, to increase Infinera’s existing domestic manufacturing capacity by an estimated factor of 10.

    Senator Casey and Congresswoman Wild have long advocated for semiconductor manufacturing investments in Pennsylvania. Earlier this year both Casey and Wild urged the U.S. Department of Commerce to support the construction of a new Infinera manufacturing plant in Pennsylvania., Additionally, Casey and Wild visited Infinera to see the high-tech manufacturing already happening in the Commonwealth.

    Congresswoman Wild and Senator Casey are fighting to bring jobs and economic investment back to Pennsylvania. The Members worked to pass the CHIPS and Science Act to produce semiconductors in the United States, reducing the U.S. reliance on foreign adversaries, including China, for critical technology manufacturing. In addition to the CHIPS Act, Casey and Wild worked to pass Infrastructure Investment and Jobs Act and Inflation Reduction Act—two pieces of landmark legislation that have brought thousands of jobs and billions of dollars to Pennsylvania. 

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    MIL OSI USA News

  • MIL-OSI: The Riverside Company Cell-ebrates with Sale of Red Nucleus

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, Oct. 17, 2024 (GLOBE NEWSWIRE) — The Riverside Company (Riverside), a global investment firm focused on the smaller end of the middle market, has sold its investment in Red Nucleus, a leading global strategic partner to the life sciences industry, to Thomas H. Lee Partners, a Boston-based private investment firm.

    Riverside Capital Appreciation strategy (RCAF) originally invested in Red Nucleus, headquartered in Yardley, Pennsylvania, in December 2019. Red Nucleus is an industry-leading integrated provider of learning and development, medical communications, market access and R&D and clinical solutions to the life sciences industry globally. The company’s comprehensive commercial, medical and clinical service and software solutions span all stages of the product cycle to help provide lasting value for key stakeholders, including pharmaceutical organizations, HCPs and patients.

    The breadth and depth of the company’s services and products have enabled Red Nucleus to become a valuable one-stop shop and trusted partner to its customers across the entirety of the drug development lifecycle. The company serves more than 200 organizations, including innovative biotech start-ups and the majority of the top 25 global pharmaceutical companies by market capitalization, helping advance life sciences solutions and improve patient health outcomes globally.

    “It was such a pleasure working with the talented Red Nucleus team through this period of transformational growth,” said RCAF’s Co-Chief Investment Officer Peter Tsang. “We delivered a successful organic growth strategy. In addition, we integrated eleven add-on acquisitions which meaningfully enhanced Red Nucleus’ value proposition to its customers with a more diversified set of service offerings and broader geographic reach with 11 offices across four continents.”

    Red Nucleus is another example of Riverside’s expertise in investing in and growing businesses in the Business Services and Education & Training sectors. Since its inception in 1988, Riverside has invested in more than 380 companies in the Business Services sector and more than 120 in the Education & Training sector.

    “Riverside was a great partner that worked alongside us to significantly expand the platform while investing in our team and infrastructure to position us for long-term growth. Together, we developed a bold vision and strategy to build an outstanding pharma services organization that I am extremely proud of,” said Red Nucleus CEO Ian Kelly.

    Working with Tsang on the deal for Riverside were Vice President Mark Fishman, Senior Associate Ben Wilson, Associate Ryan Stead and Senior Operating Partner J.P. Fingado. Senior Partner Anne Hayes led the capital market initiatives throughout the investment period. Peter Tsang also sourced the original deal for Riverside.

    Houlihan Lokey, Piper Sandler and Jones Day advised Riverside on the sale of Red Nucleus.

    About Red Nucleus
    Red Nucleus is a global strategic partner with decades of experience across the entire life sciences product life cycle. The company excels in providing clients with unique insights and efficiencies to support their journey to improve health outcomes and ultimately the quality of people’s lives. Red Nucleus’ “Red Thread” weaves together a full suite of products and services from learning & development, scientific services & advisory, medical and scientific communications, and market access, which leads the company’s life sciences customers to accelerated transformational success. With worldwide offices in seven countries, our commitment to quality and on-time delivery is unrivaled in the industry.

    For more information visit http://www.rednucleus.com.

    About The Riverside Company

    The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies.

    For more information visit http://www.riversidecompany.com.

    Holly Mueller                                                                               
    Marketing Consultant                                                            
    The Riverside Company                                                              
    216 535 2236                                                         
    hmueller@riversidecompany.com   

    The MIL Network

  • MIL-OSI USA: Polis-Primavera Administration’s Landmark Reinsurance Effort Will Save Coloradans $493 Million on Healthcare Premiums in 2025, Putting Money Back in the Pockets of Hardworking Coloradans

    Source: US State of Colorado

    Even more savings can be found by shopping and switching to a Colorado Option plan during open enrollment.

    DENVER – Today Governor Polis, Lt. Governor Primavera, and the Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), announced that Reinsurance will save Coloradans almost $493 million on approved plans and premiums for 2025, building on the millions in savings available to Coloradans through Colorado Option plans. The figures below on the final, approved health insurance plans and premiums for 2025, highlight the impact of these efforts to save people money on health insurance.  

    “Our landmark bipartisan reinsurance plan continues to lower healthcare premiums and provide Coloradans with historic savings on their healthcare plans. These savings put money back in the pockets of hardworking Coloradans to spend on what people need and in our strong, small local businesses across the state,” said Governor Polis.

    “Access to high quality and affordable healthcare is critical for the health of all Coloradans. Increasing access to quality healthcare people can afford is something I have fought for over my decades of public service. These reinsurance savings will ensure getting the care people and their families need doesn’t feel out of reach,” said Lt. Governor Primavera.

    “These savings are incredible,” said Colorado Insurance Commissioner Michael Conway. “We have a Reinsurance Program that will save nearly $500 million for Coloradans next year. Add to that, Colorado Option plans that continue to be cheaper than non-Option plans, saving families millions a year. So my advice this year is the same as it is every year – get out there and shop to see what plans are available for you and your families.”

    Reinsurance Savings: Nearly $493 Million

    Colorado’s Reinsurance Program continues to deliver savings for people buying their insurance on the individual market (meaning insurance that is not provided through an employer). For 2025, the program is estimated to save Coloradans 23.8% on their premiums, equal to nearly $493 million ($492,847,3512). For a 40-year-old individual, that means an average savings over $1,500, and for a family of four, up to $5,800 in savings.

    In many counties in the western half of Colorado, Reinsurance is saving people more than 40% on their premiums, and in Mesa County (Rating Area 5), premiums would be 44% higher without the Reinsurance Program. For a 40-year-old individual in Mesa County, that means an average savings of $2,700, and for a family of four, almost $10,000 in savings.

    Reinsurance Savings by county

    With the $493 million in savings for 2025, the total estimated savings for the program will be over $2 billion since its inception.

    Colorado Option: Colorado Consumers Could Save an estimated $235 Million

    For 2025, Colorado Option plans will again offer significant savings for enrollees.

    In the individual market, the average increase for Colorado Option plans is again lower than non-Option plans: Colorado Option plans average premium change is 4.6%, while non-Option premiums will increase by an average of 6.1%. And Colorado Option plans will be the lowest or the second lowest plan in over 90% of Colorado counties next year for Bronze and Silver plans. For Gold plans, Colorado Option plans will be the lowest or second lowest plan in every county in the state in 2025.

    Additionally, someone currently enrolled in an average cost, non-Option plan who switches to a Colorado Option plan in the same metal tier (bronze, silver, gold), could see significant savings. A 40-year-old switching to the lowest cost Colorado Option plan could save up to $225 a month, or nearly $2,700 for the year (depending on where they live in the state). A family of four making the same change could realize savings of $800 a month, or nearly $10,000 for the year. These Colorado Option savings add up to $235 million if everyone in the individual market made this switch.

    In the small group market (for business with less than 100 employees), a 40-year-old making the change to the lowest cost Colorado Option plan would see savings of up to nearly $3,700 for the year, and a family of four would save over $14,000 on the year.

    Rate Review Savings: $15 million

    Every year, the DOI’s Rate Review Team works through all of the information the health insurance companies file to check that it meets the requirements of State and federal laws and regulations, but also to ensure that the premiums the companies request make sense. This year, the rate review process saved Coloradans over $15 million.

    In the individual market, the average premium increase for 2025 will only be 5.6%, while in the small group market, the average premium increase will be 7.1%

    Take the Time to Shop to Find More Savings

    On top of these programs saving Coloradans money on health care, many people who get their insurance from the individual market and use the state’s exchange, Connect for Health Colorado, will be eligible for additional savings.

    At least 80% of people currently enrolled in 2024 health insurance through Connect for Health Colorado will be eligible for financial assistance in 2025 that will help to make their insurance more affordable.

    And that financial assistance can also be significant, as 77% of customers getting financial assistance will be able to find a plan with a premium less than $100 a month if they shop,  and 62% will be able to find a premium under $25.

    With 219 plans available across Colorado for 2025 in the individual market, plus all of the available financial assistance, it is important that Colorado consumers take the time to shop and compare plans available as well as determine how much assistance would be available. Remember, the expanded eligibility for assistance available that was created by the Inflation Reduction Act is still in place, so if it’s been some time since you checked what assistance you might qualify for, it is time to check again at the Connect for Health Colorado’s Quick Cost and Plan Finder Tool.

    Open Enrollment Starts Nov. 1 – Don’t Wait

    Even though open enrollment doesn’t start until November 1, we encourage everyone to start looking at the health insurance plans available for 2025 and determining what financial assistance is available. At Connect for Health Colorado’s Quick Cost and Plan Finder Tool, the 2025 plans, premiums and financial assistance details will be available to view starting on October 22.

    Open enrollment for 2025 individual health insurance lasts until January 15, 2025. People enrolling November 1 – December 15, will have their coverage start on January 1, 20254. For those that wait to enroll between December 16 and January 15, coverage will start on February 1, 2025.

    More information can be found on the DOI’s website for approved plans.

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    MIL OSI USA News

  • MIL-OSI Global: Why many Poles are not as supportive of Ukraine’s war effort as their leaders in Warsaw

    Source: The Conversation – UK – By Chris Hann, Emeritus Director, Max Planck Institute for Social Anthropology

    Consumers of western media could be forgiven for supposing that Ukraine, the state whose sovereignty was violated so brutally with the Russian invasion of February 2022, enjoys unstinting support from its western neighbour Poland. The support of the Polish government has been unambiguous. Donations of military equipment and humanitarian support for refugees have been second to none in Europe.

    The election of a new government at the end of 2023 made no discernible difference to the Polish commitment. Antipathy towards Russia in Poland has strong roots, dating back even before the days when much of the country (including Warsaw) was formally incorporated into the Romanovs’ Russian empire.

    Observers in the west take it for granted that the pro-Ukrainian policies of successive Polish governments – endorsed by the Catholic churches – reflect views shared by citizens throughout the country.

    But after more than two years of war, as I found during a recent research trip, doubts are being voiced in some segments of society.

    Farmers have been angry for years. Ukraine has rich soils and its agribusiness is free from EU regulations. In the exceptional conditions created by the invasion, with the government desperately in need of revenue, Ukraine has been allowed to export its cheap grain to the EU. This has undermined the market for Polish farmers. Some Poles event believe that, since much Ukrainian farmland is owned by foreign capital, the prolongation of the war has been orchestrated by the west for economic reasons.

    Similar arguments can be heard concerning energy. The end of cheap gas from the Russian Federation promises a bonanza for the producers of alternative supplies, notably in the United States at the expense of higher prices for Polish households. I also heard in plenty of conversations that Poland is the only ally of Ukraine to provide military hardware free of charge – whereas other Nato states insist on full payment or offer credits that will theoretically have to be repaid one day.

    The resentments run deep and they affect large sections of the population. Why do I have to wait months for my hospital appointment, people ask – is it because of increased demand for health services from the millions of Ukrainian refugees? Why should my taxes pay for generous financial grants to Ukrainians who turn up at the border, claim the cash, and promptly return home?

    A tangled history

    Most educated citizens dismiss such allegations with scorn. Those who complain and exaggerate isolated abuses are often written off as gullible victims of Russian propaganda. But Poles are unlikely dupes. Monuments to communist crimes are everywhere – above all the Katyń massacres of 1940, when the Soviet security forces murdered thousands of Polish officers. More recently, many Poles still suspect the Kremlin’s complicity in the plane crash that killed their then president, Lech Kaczyński in Smolensk in 2010.

    Yet hatred of Russia does not translate into unconditional support for Ukraine.

    The enduring reason for friction between the two states has to do with diverging interpretations of violence which took place during and after the second world war. Ukrainian ministers have the undiplomatic habit of pointing out that large areas of present-day Poland were formerly occupied by Ukrainians. According to the historical ethno-linguistic and religious criteria generally considered central in the formation of peoples, Ukraine might indeed have a stronger claim to sections of the Polish Carpathians than it has to Crimea or Donbas.

    Does this help explain why the Polish government upholds the sanctity of Ukraine’s border with Russia? They want Ukraine’s border with their country to be equally sacrosanct.

    The typical Polish response to Ukrainian nationalist goading is to point out that Poles used to form the majority in most towns of western Ukraine – and that Lviv itself was a Polish city until Stalin redrew the borders in 1944 and the Polish population was deported westwards. These eastern borderlands are known to Poles as the Kresy. They are the focus of strong emotions and mythology. The Kresy is imagined as a harmonious realm in which, for many centuries, cultivated Poles ruled benignly over all other nationalities.

    This multiculturalism came to an abrupt end in the 1940s. These days, Poles with family roots in Volhynia and Galicia, much of which is now in western Ukraine, are incensed by Kyiv’s refusal to admit that Ukrainian nationalists were responsible for the ethnic cleansing of the Polish population. Poland’s prime minister, Donald Tusk, recently made it clear that Poland’s continued support for admitting Ukraine to the EU will depend on coming to terms with this dark past.

    Western complicity

    During my recent visit, I was sometimes asked why the BBC and other influential western media never probed behind the slick public face of Volodymyr Zelensky’s team to report on the real conditions and opinions of ordinary Ukrainians. Instead, Russians are demonised and Ukrainians hailed for their “European values” and their sacrifices on behalf of the west.

    Coverage in Polish state media conveys a similar message – but I found many citizens have become sceptical. There is pity for conscripts, sorrow for the loss of young lives on both sides and fear for where all this dehumanising violence is leading. But few of the people I spoke with believed that Russians are the only party violating the Geneva Conventions.

    Often, the conversation turned to Boris Johnson. I was asked to explain why the then prime minister advised Zelensky in April 2022 that Ukraine should continue the fighting. Did Johnson, as has often been rumoured, sabotage proposals for a negotiated peace carefully drawn up in Istanbul shortly before his visit? Was it the spontaneous whim of a western politician who knew nothing about regional history, a clown playing macho games with Zelensky for the sake of his own image? Did he not care at all about the hundreds of thousands who would suffer and die if this war continued? Was he pursuing a devious strategy agreed with EU leaders and Nato partners, above all Washington?

    I did not have answers to any of these questions.

    Chris Hann does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Why many Poles are not as supportive of Ukraine’s war effort as their leaders in Warsaw – https://theconversation.com/why-many-poles-are-not-as-supportive-of-ukraines-war-effort-as-their-leaders-in-warsaw-240562

    MIL OSI – Global Reports

  • MIL-OSI: Quick Custom Intelligence Celebrates Milestone Success at the 2024 Global Gaming Expo

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Oct. 17, 2024 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI) capped off a remarkable appearance at the Global Gaming Expo (G2E), held from October 7 to 10, 2024, with a series of exciting announcements that solidified their position as a leader in AI-driven casino intelligence software.

    The highly anticipated event saw QCI unveil the latest version of the QCI Enterprise Platform, which delivers unprecedented features designed to optimize casino operations and revenue. Attendees also witnessed the reveal of QCI’s latest AI technology, which continues to push the boundaries of what’s possible in gaming analytics and intelligence.

    Adding to the excitement, QCI’s Chief Technology Officer Andrew Cardno was honored with the prestigious Lifetime Achievement Award from Gaming & Leisure for his contributions to the gaming industry over the past three decades. This award reflects Cardno’s lasting impact on data-driven decision-making in casinos, setting industry standards for innovation.

    In addition to this accolade, Andrew Cardno and QCI CEO Dr. Ralph Thomas proudly announced the release of their eleventh book, The Math That Gaming Made – Compendium, an in-depth exploration of the mathematical principles that shape the gaming industry today. The book promises to serve as a valuable resource for professionals seeking to enhance their understanding of data science in gaming.

    “We couldn’t have asked for a better platform to showcase our latest innovations,” said Dr. Ralph Thomas, CEO of QCI. “The Global Gaming Expo has always been a key event for us, and this year exceeded our expectations. The response to our new QCI Enterprise Platform has been overwhelmingly positive, and we are excited to continue shaping the future of the gaming industry.”

    Andrew Cardno shared his thoughts on the event and his recent recognition: “Receiving the Lifetime Achievement Award from Gaming & Leisure is an incredible honor. But what excites me the most is the energy and enthusiasm we saw from our customers and industry peers at the expo. The latest advancements in AI technology we introduced will redefine how casinos harness data, and I’m proud to be at the forefront of that transformation.”

    Victor Rocha, a prominent figure in the gaming industry, commented on the electric atmosphere at QCI’s booth: “The excitement surrounding QCI’s new offerings was palpable. From the advanced AI capabilities to the enhanced functionality of the QCI Enterprise Platform, it’s clear that QCI is leading the charge in innovation. Visiting their booth was a highlight of the show.”

    The 2024 Global Gaming Expo was an undeniable success for QCI, further solidifying the company’s role as a pioneer in the gaming technology space. With their latest developments and the release of The Math That Gaming Made – Compendium, QCI is well-positioned to drive the gaming industry forward.

    ABOUT QCI
    Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and The Bahamas. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at http://www.quickcustomintelligence.com.

    ABOUT Victor Rocha
    Victor Rocha holds the distinguished position of Conference Chairman for the Indian Gaming Association, while also leading Victor-Strategies as its president. As the owner and publisher of Pechanga.net, he has been deeply engaged in the political landscape of U.S. tribal gaming since 1998. Rocha’s outstanding contributions to the industry have been recognized through numerous accolades, such as AGEM’s 2023 Peter Mead Memorial Award Honoring Excellence in Gaming Media & Communication, the National Center for American Indian Enterprise Development’s 2015 Tribal Gaming Visionary Award, the American Gaming Association’s 2013 Lifetime Achievement Award for Gaming Communications, Raving’s 2012 Casino Marketing Lifetime Achievement Award, the National Indian Gaming Association’s 2002 Outstanding Contribution to Indian Country, VCAT’s 2001 Catalyst Award, and Global Gaming Business Magazine’s 2000 “40 Under 40” list.

    ABOUT Dr. Ralph Thomas
    Dr. Ralph Thomas is the Co-Founder and Chief Executive Officer of Quick Custom Intelligence. Ralph is a product visionary in applied analytics and the founder of two companies that deliver solutions in casino gaming, education, and adult learning. As a gaming industry veteran, Dr. Thomas has substantial experience implementing analytics into single and multi-property gaming companies to drive tangible and measurable gains to the bottom line and has built business intelligence tools for multibillion-dollar casinos. Dr. Thomas is co-author of seven books and over 80 articles on applied analytics and data science in gaming, an inventor on dozens of patents, and understands gaming from raw data up through casino operations, giving him a unique, 360-degree view of the industry.

    About Andrew Cardno
    Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

    Contact:
    Laurel Kay, Quick Custom Intelligence
    Phone: 858-349-8354

    The MIL Network

  • MIL-OSI Africa: Joint African Development Bank- Government of Japan Visit to Fund for African Private Sector Assistance (FAPA)-Funded Projects in Ghana

    Source: Africa Press Organisation – English (2) – Report:

    ACCRA, Ghana, October 17, 2024/APO Group/ —

    The African Development Bank (www.AfDB.org) and the Government of Japan recently concluded a joint visit to two projects funded by the Fund for African Private Sector Assistance (https://apo-opa.co/4dOF0oP) (FAPA) in Ghana to assess their impact on stimulating the growth of small businesses and boosting private sector development.

    The Japanese delegation led by Japan’s Deputy Vice Minister of Finance for International Affairs, Mr. Daiho Fujii, together with the African Development Bank’s Executive Director for Japan, Mr. Takaaki Nomoto, were received by the African Development Bank Country Manager for Ghana, Ms. Eyerusalem Fasika. The Delegation engaged with implementing agencies and beneficiaries of two FAPA funded projects – the Ghana SME Business Linkage Program, and Fashionomics Africa Online Platform and Mobile App.

    FAPA, a joint initiative between the Bank and the Japanese government, provides untied grants to support the implementation of the Bank’s Private Sector Development Strategy. Through capacity building and technical assistance, the Fund enhances the business environment, strengthens financial systems, promotes the development of micro, small, and medium enterprises (MSMEs), and facilitates trade across African countries.

    Focusing on the projects’ contribution to Ghana’s broader economic and social development goals, Deputy Vice Minister Fujii reaffirmed Japan’s support to FAPA and the Bank. “My thrill turned into confidence that the Japanese taxpayers’ money via FAPA contributes to motivating the beneficiaries by developing their businesses as micro, small, and medium enterprises (MSMEs), and improving their livelihood and well-being. I was also glad that FAPA projects in Ghana played the catalytic role in applying such models to other African countries and in attracting other donors.”

    Referencing the positive impact of the projects, Fasika emphasized FAPA’s pivotal role in driving inclusive private sector development and economic growth, creating job opportunities, and reducing poverty. She also expressed gratitude for Japan’s continued support and highlighted the importance of the partnership between the Bank and the Government of Japan. “The projects funded by FAPA are clear examples of how strategic partnerships can have a tangible impact on the ground. We are pleased with the progress made and the transformative effects these projects have on local communities (in Ghana),” she stated.

    The visit underscores the continued commitment of the African Development Bank and the Government of Japan to fostering economic growth and strengthening private sector development in Africa through sustainable and impactful investments.

    MIL OSI Africa

  • MIL-OSI Russia: Dmitry Chernyshenko: Sport is a tool for interethnic dialogue and strengthening peace

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Previous news Next news

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    At the XII International Sports Forum “Russia – Sports Power” in Ufa, a plenary session on the topic “Sport – a comprehensive view of the future” was held. Russian President Vladimir Putin spoke at it.

    “The prospects and the future of world sports really need serious, substantive discussion, a joint search for an answer to the question of how to overcome the difficult challenges of our time, prevent a split in the international sports family, cleanse sports of vulgar politicization, double standards, perverted rules, humiliating discrimination, including on the basis of citizenship and nationality of athletes,” the head of state emphasized.

    The moderator of the plenary session was Deputy Prime Minister Dmitry Chernyshenko.

    At the beginning of his speech, he quoted the President’s words: “Our country has been and remains one of the leading sports powers on the planet, the birthplace of great athletes, victories and records.” The Deputy Prime Minister noted that successes in the development of sports are achieved thanks to the synergy of efforts at all levels – government bodies, sports federations, societies, leagues, clubs, the media, as well as the contribution of the citizens themselves.

    According to the Deputy Prime Minister, sport is a powerful tool for interethnic dialogue, a means of building peace, friendship, and cooperation, including in the international arena.

    “Russia always remains true to the principle: sport is a universal language of communication, and it should be outside of politics. For our part, we consistently defend the ideals of fair, open sports competition and continue to strengthen our sports sovereignty. Now we are all consolidated around our President and are using this moment to build a modern sports management system, involving all industry participants, including public organizations, in key processes,” Dmitry Chernyshenko emphasized.

    Russia continues to develop new formats of international competitions, free from the jurisdiction of politicized international sports organizations. One of the most striking examples is the “Games of the Future” project.

    The Deputy Prime Minister stressed the importance of developing sports infrastructure and increasing the level of public involvement in physical education and sports.

    “President Vladimir Putin set the task of involving 70% of our citizens in regular physical education and sports by 2030. To achieve this goal, the Strategy for the Development of Physical Education and Sports was adopted, which defines the main areas of development of the industry until the end of the decade. We see that the results are already truly tangible. Today, more than 56% of people are involved in physical education and sports, and the provision of sports facilities has reached 61.5%. There are about 350 thousand sports facilities of various levels in Russia. Funds for the creation of non-capital structures are also planned in our budget law. This is more than 19 billion, which will allow us to build 350 sports facilities annually,” said Dmitry Chernyshenko.

    In 2023, 72 major sports facilities were put into operation. The plan for this year is another 85. Under the federal project “Business Sprint”, about 150 smart sites and modular halls were opened last year, and another 97 are planned for this year.

    There are about 24 million people registered in the GTO system. About 11 million of them successfully passed the standards and received badges.

    Acting Prime Minister of the Republic of Bashkortostan Andrey Nazarov shared Bashkortostan’s experience in supporting non-governmental organizations in the sports industry.

    “Along with supporting state and municipal sports institutions, we involve and support non-governmental organizations. There are 133 public associations of physical culture and sports orientation registered in the republic, of which 122 are accredited regional sports federations,” said the acting Prime Minister.

    The event was also attended by the Minister of Sports and Tourism of the Republic of Belarus Sergei Kovalchuk, the Minister of Youth and Sports of the Republic of Iraq Ahmed Al-Mubarka, the Minister of Youth and Sports of the Federal Democratic Republic of Nepal Teju Lal Chaudhary, the President of the All-Russian Phygital Sports Federation Nikita Nagorny, the Minister of People’s Power for Youth and Sports of the Bolivarian Republic of Venezuela Arnaldo Sanchez, the Minister of Sports and Leisure of the Togolese Republic Lidi Bessi-Kama, the Deputy Governor of the Vologda Region Alexander Povetkin, the head coach of the Russian national rhythmic gymnastics team Irina Viner, and Metropolitan Mitrofan of Murmansk and Monchegorsk.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/53037/

    MIL OSI Russia News

  • MIL-OSI Banking: The AI opportunity: Updates to our Gemini and Knowledge & Information teams

    Source: Google

    Editor’s note: Today, Google and Alphabet CEO Sundar Pichai shared the following note to employees.

    Hi Googlers, 

    It’s been an exciting few days for AI across our products. We saw NotebookLM with Audio Overviews go viral, added more ways to find information in Search and Lens, and launched a revamped Google Shopping for the AI era. We also just shared a big milestone in our work to help doctors use AI to detect diabetic retinopathy: 600,000 screenings and counting, and we’re expanding access to more people across India and Thailand. There’s a lot more to come.

    AI moves faster than any technology before it. To keep increasing the pace of progress, we’ve been making shifts to simplify our structures along the way, including the creation of Google DeepMind and the joining of the Platforms & Devices teams. As a next step, Prabhakar and I have been thinking through how to structure our Knowledge & Information team for the Gemini era, and today we shared the following changes:

    • The Gemini app team led by Sissie will join Google DeepMind under Demis. As the name suggests, the Gemini app is the direct consumer interface to the latest and greatest Gemini models. Bringing the teams closer together will improve feedback loops, enable fast deployment of our new models in the Gemini app, make our post-training work proceed more efficiently and build on our great product momentum. 
    • The Assistant teams focused on devices and home experiences will move to Platforms & Devices so they can sit closer to the product surfaces they’re building for and bring our AI-powered home initiatives into one team and focus on improving user experience.

    In parallel to this, Prabhakar has decided it’s time to make a big leap in his own career. After 12 years leading teams across Google, he’ll return to his computer science roots and take on the role of Chief Technologist, Google. In this role, he’ll partner closely with me and Google leads to provide technical direction and leadership and grow our culture of tech excellence. Nick Fox, a longtime Googler and member of Prabhakar’s leadership team, will be stepping up to lead K&I, which includes our Search, Ads, Geo, and Commerce products.

    Prabhakar’s leadership journey at Google has been remarkable, spanning Research, Workspace, Ads, and K&I. He led the Gmail team in launching Smart Reply and Smart Compose as early examples of using AI to improve products, and took Gmail and Drive past 1 billion users. Across K&I, Prabhakar and team have achieved significant growth and innovation: from launching AI Overviews, a groundbreaking advancement in Search that benefits hundreds of millions of users worldwide to introducing new search modalities like Circle to Search, video understanding, and “shop what you see” in Lens — all while improving core Search functionality. Maps and Shopping have transformed with AI-driven features like immersive view and virtual try-on. And in Ads, we’ve made real progress with AI-powered ad formats and streamlined campaign management, while continuing to innovate with Performance Max to empower millions of businesses. 

    I’m so grateful to Prabhakar for the strong foundation and leadership bench he’s built across K&I. That includes his incredible senior leaders and Nick who is ready to hit the ground running in his new role as SVP of K&I!

    Over the past few years, Nick has been instrumental in shaping Google’s AI product roadmap and collaborating closely with Prabhakar and his leadership team on K&I’s strategy. And throughout his career, Nick has demonstrated leadership across nearly every facet of K&I, from Product and Design in Search and Assistant, to our Shopping, Travel, and Payments products. He was also a pioneering leader in Ads, where he helped establish a rigorous quality and user-focused approach that remains key to our success. Nick has launched innovative consumer products like Google Fi and spearheaded complex initiatives such as RCS messaging. I frequently turn to Nick to tackle our most challenging product questions and he consistently delivers progress with tenacity, speed, and optimism.

    Congratulations to Nick, and a heartfelt thank you to Prabhakar for his leadership through numerous technology shifts and for building a strong foundation for the future.

    – Sundar

    MIL OSI Global Banks

  • MIL-OSI Economics: Study: Microsoft 365 Copilot drove up to 353% ROI for small and medium businesses

    Source: Microsoft

    Headline: Study: Microsoft 365 Copilot drove up to 353% ROI for small and medium businesses

    As a small or medium-sized business (SMB) leader, you’ve likely heard a lot about generative AI and how it’s transforming businesses of all sizes. To better understand how AI is helping businesses grow and compete, Microsoft commissioned Forrester Consulting to study the potential return on investment (ROI) of Microsoft 365 Copilot for SMBs.

    The results of the study are eye-opening. Forrester’s New Technology: Projected Total Economic Impact Of Microsoft 365 Copilot for SMB1 projects that over a three-year period, businesses can experience a return on investment (ROI) ranging from 132% to 353%.2

    Moreover, the study reports that businesses are already experiencing the transformational impact of AI for their organizations in the following areas:

    • Faster time to market
    • Increased productivity
    • Improved employee satisfaction

    Let’s take a closer look at how early adopters of Copilot have used the power of AI to transform their businesses, while keeping their data secure with enterprise data protection.

    Microsoft 365 Copilot

    Focus on what matters most with Microsoft 365 Copilot and the power of AI.

    Investing in Copilot delivers substantial returns for SMBs

    The Forrester study demonstrates the transformative results that AI can help bring to businesses—making Copilot not just a productivity tool but a strategic investment for long-term growth:

    • 6% increase in net revenue
    • 20% reduction in operating costs
    • 25% acceleration in new-hire onboarding

    “Upskilling on AI now is absolutely critical to being prepared for its capabilities in a few years. In five years, running a business without Copilot would be like trying to run a company today using typewriters instead of computers.”

    Forrester Study: Head Vice President of Technology Services, IT Services and Business Consulting

    Turning innovation into action with faster time to market

    Bringing new products to market faster and promptly meeting customer demands are critical for business success. Forrester’s study highlights how Copilot can help accelerate revenue growth and open doors to additional business opportunities.

    The study found that 24% of businesses experienced a 16% to 20% reduction in time to market for new products, and 27% of businesses saw improvements in time to market ranging from 11% to 15%. These improvements can help you enhance your agility and increase competitiveness in the market.

    “With Copilot, we have faster turnarounds…with the ability to turn things around more quickly, clients can come to us with more work. It can be 15% more business.”

    —Forrester Study: Head Vice President of Technology Services, Managed Technology Solutions

    You can optimize your business processes by working with Copilot to map out your workflow and ask Copilot for recommendations to eliminate inefficiencies. Then you can share the list of recommendations with your team for feedback before deciding how to move forward. Copilot can help ensure projects move forward without delays—ask Copilot to provide updates on your team’s progress to quickly identify where support is needed.

    Increasing productivity across your business

    Employees at small and medium-sized businesses often wear multiple hats, doing jobs across different departments, and sometimes having less time to spend on their own projects. Copilot can help address this challenge by taking on routine, repetitive tasks, helping teams to focus on more strategic work.

    Forrester’s study shows that 51% of businesses using Copilot reported a 1% to 10% reduction in supply chain costs, while 59% saw operating costs decrease by 1% to 20%. This can help you to shift resources toward growth-focused initiatives without overwhelming your team.

    “In terms of getting the information to the various departments and having my legal assistants then redo it, so they can enter that data and answer questions from other departments more easily. My guess is on contract review we’ll save at least 50% of time in the coming years.” 

    —Forrester study: General Counsel, Chief Diversity Officer at the Staffing, IT, and Business Solutions Firm

    With Copilot, your team can quickly find critical details from client contracts or vendor agreements and have emails from key clients prioritized, helping to ensure that the most urgent emails are addressed first. Copilot can also gather data from spreadsheets and text documents, analyze it, and create easy-to-understand charts and tables for faster decision-making.

    Enhancing employee satisfaction and retention

    The study also highlights Copilot’s impact on employee satisfaction. By freeing up time for employees to collaborate more effectively and take on more fulfilling tasks, SMBs have experienced or anticipated, on average, an 18% increase in employee satisfaction, with a corresponding 11% to 20% reduction in employee churn.

    “People have a lot of anxiety [about going] on vacation because of what they’re going to miss. Well, the ability to ramp up fast with summarization on a lot of those key meetings doesn’t just save the person the time, but it also is going to save the other leaders in the organization the time to have to ramp them up.”
    Forrester study: President, Staffing, IT, and Business Solutions

    Use Copilot to help pull together training materials and build presentations so you quickly bring new team members up to speed. Copilot’s meeting and email summaries also allow your employees to stay on top of work, even when they miss a meeting. This can help reduce stress and help create smoother transitions between projects, fostering a more inclusive and productive work environment.

    Now is the right time to invest in AI. We are here to help.

    With potential benefits like increased revenue, faster time to market, and significant ROI, Microsoft 365 Copilot can be a valuable investment for SMBs looking to thrive in a competitive market.

    To find out more about the Forrester findings and learn how you can best implement Copilot for your business, please join our webinar on October 31, 2024, 9 AM PST to 10 AM PST.

    To use Copilot across all your Microsoft 365 apps and work data, you can purchase Microsoft 365 Copilot as an add-on to your Microsoft 365 Business Basic, Microsoft 365 Standard, or Microsoft 365 Business Premium subscriptions. If you do not already have these core productivity offerings, you can purchase them now.

    Find out more about Microsoft 365 Copilot or reach out to a Microsoft Cloud Solution Partner to learn more.

    You can also learn how to make Copilot part of your everyday business activities by exploring the new Copilot Success Kit for Small and Medium-Sized Business, which provides resources on licensing, technical requirements, and AI capabilities.


    Sources:

    1. “New Technology: The Projected Total Economic Impact : Of Microsoft 365 Copilot for SMB,” a commissioned study conducted by Forrester Consulting on behalf of Microsoft. Results are based on Microsoft 365 Copilot customer interviews and surveys of over 200 companies with up to 300 employees across various industries, from retail to financial services.
    2. Forrester modeled a range of projected low-, medium-, and high-impact outcomes based on evaluated risk. This financial analysis projects that the composite organization accrues the following three-year net present value (NPV) for each scenario by enabling Microsoft 365 Copilot: 
      • Projected high impact of a $955,000 NPV and projected ROI of 353%. 
      • Projected medium impact of a $658,000 NPV and projected ROI of 243%. 
      • Projected low impact of a $358,000 NPV and projected ROI of 132%.

    MIL OSI Economics

  • MIL-OSI USA: Governor Polis Delivers Keynote Address at Colorado Chamber of Commerce Annual Meeting

    Source: US State of Colorado

    DENVER – Today, Governor Polis delivered the keynote address at the Colorado Chamber of Commerce Annual Meeting to highlight Colorado’s economic success.

    “Colorado has one of the best economies in the country and we continue working to ensure it remains the best place to launch and grow a business. Since taking office, we have brought thousands of new jobs to Colorado. From cutting taxes, to addressing housing costs, expanding access to quality education and more, ours is a great place for individuals, families, and businesses to plant their roots,” said Governor Jared Polis.

    At the meeting, the Chamber announced the “Coolest Thing Made in Colorado” award, which was voted on by members of the Chamber. Freedom Trax was announced as the winner. Freedom Trax is a motorized off-road attachment designed for manual wheelchairs that helps navigate difficult terrain, breaking down barriers to access for Coloradans using wheelchairs in Colorado’s great outdoors.

    “Small, innovative businesses and products like Freedom Trax are driving our economy forward and helping Coloradans of all abilities access our great outdoors. Congratulations on being named the coolest thing made in Colorado! I am proud to celebrate this innovation and your impact on our great state,” said Governor Polis.

    In the last year, Governor Polis has signed laws cutting property, sales, and income taxes, breaking down barriers to housing Coloradans can afford, investing in Colorado workforce and connecting Coloradans to needed skills to fill available jobs, expanding access to low-cost education and more. All critical to a strong economy and a strong workforce.  

    ###
     

    MIL OSI USA News

  • MIL-OSI USA: RI Delegation Announces $600,000 to Reduce Forensic DNA Backlog, Deliver Justice to Victims of Crimes Statewide

    Source: United States House of Representatives – Representative Seth Magaziner (RI-02)

    Providence, RI – U.S. Senators Sheldon Whitehouse and Jack Reed and Representatives Seth Magaziner and Gabe Amo today announced that the U.S. Department of Justice’s Office of Justice Programs has awarded $600,000 in funding to the Rhode Island Department of Health’s Center for Forensic Sciences to reduce the backlog of DNA casework and ensure justice can be served for victims of both violent and non-violent crimes.  With this funding, the state’s crime lab expects to typically process cases within 30 days for violent crimes and 90 days for non-violent crimes.  

    “No victim of a crime should have to wait for justice to be served because of insufficient resources to analyze DNA evidence in a timely fashion,” said Whitehouse, a senior member of the Senate Judiciary Committee and former U.S. Attorney and Rhode Island Attorney General.  “This federal funding will help retain qualified forensic scientists, make upgrades to the state’s laboratory, and bring justice and closure to victims throughout Rhode Island.”

    “This federal funding will help the state’s crime lab effectively process DNA samples, solve more cases, and help law enforcement bring perpetrators to justice,” said Senator Reed, a member of the Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies.

    “Justice ought to be delivered swiftly to victims of crime and their families, and this federal funding will make this a reality for Rhode Islanders by reducing the backlog of DNA casework and holding perpetrators accountable,” said Congressman Magaziner.

    “As forensic technology advancements help investigators better match DNA found at crime scenes, it’s critically important that we invest in new instruments and training to help secure justice for victims of crime in Rhode Island — no matter how much time has elapsed,” said Congressman Amo. “This federal investment by the Department of Justice will reduce the casework backlog and bolster our state’s capacity to process incoming DNA cases quickly and efficiently.”

    This grant funding,which comes through the Department of Justice’s DNA Capacity Enhancement for Backlog Reduction (CEBR) Program, will help the Center for Forensic Sciences’ Forensic Biology and DNA Laboratory continue to reduce the backlog of DNA casework.  Funding will also prevent future backlogs with the purchase of new DNA analysis instruments, an upgraded laboratory information management system, and increased education and training opportunities for scientists.  With these investments, the Forensic Biology and DNA Laboratory expects to reduce the DNA casework backlog by at least 125 cases and continue to be able to process incoming cases within an average 90-day time frame for non-violent crimes and a 30-day time frame for violent crimes.

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Addresses India-Malawi Business Meet

    Source: Government of India

    Addresses India-Malawi Business Meet

    There is an immense scope for enhancing India-Malawi cooperation in the fields such as agriculture, mining, energy, tourism: PRESIDENT MURMU

    Posted On: 17 OCT 2024 6:33PM by PIB Delhi

    The President of India, Smt Droupadi Murmu, reached Lilongwe, Malawi this morning (October 17, 2024), on the final leg of her State Visits to Algeria, Mauritania, and Malawi. At the Kamuzu International Airport, the President was received by H.E. Mr Michael Usi, the Vice President of Malawi and other dignitaries. She was accorded a ceremonial welcome and was warmly greeted by children. A traditional cultural performance was also presented before the President at the airport.

    This is the first ever State Visit from India to Malawi. The President was accompanied by the Minister of State, Shri Sukanata Majumdar, and Members of Parliament, Shri Mukeshkumar Dalal and Shri Atul Garg.

    Later, the President graced and addressed the India-Malawi Business Meet.

    Speaking on the occasion, the President said that Malawi is a country rich in natural reserves and fertile agricultural land. On the other hand, India has a large consumer base with increasing demand for energy, minerals and food for its large population. Both our countries can come together to find synergy in many areas. There is an immense scope for enhancing our cooperation in the fields of agriculture, mining, energy, tourism, etc.

    The President was happy to note that the bilateral trade between India and Malawi has been growing. India is currently the fourth largest trading partner of Malawi. India is also one of the largest investors in Malawi with over 500 million US dollars worth of investments in various sectors.

    The President said that the India-Malawi partnership is not confined to governments alone, as Africa has emerged as an important trade and investment destination. India’s private sector is at the forefront of driving this impetus. There are growing investments by Indian companies, both multinational and SMEs, in Africa in a range of sectors.

    The President expressed confidence that the discussion held at the India-Malawi Business Meet would prove to be a significant milestone in developing commercial relations between the two countries.

    In the evening, the President will address members of the Indian community at a Reception.

    Click here to see the President’s speech.

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    MJPS/SR/SKS

     

    (Release ID: 2065886) Visitor Counter : 29

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Disaster Recovery Center Opens in Ashe County

    Source: US Federal Emergency Management Agency 2

    strong>RALEIGH, N.C. –  A Disaster Recovery Center (DRC) is opening Friday, Oct. 18 in Jefferson (Ashe County) to assist North Carolina survivors who experienced loss from Helene. 

    The Ashe County DRC is located at:  

    Family Central Parks and Recreation Center

    626 Ashe Central School Rd.

    Jefferson, NC 28640

    Open: 8 a.m. – 7 p.m., Monday through Sunday

    A DRC is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.  

    FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses. 

    Centers are already open in Asheville, Bakersville, Boone, Brevard, Hendersonville, Lenoir, Marion and Sylva with additional centers scheduled to open in the coming days. To find those center locations go to fema.gov/drc or text “DRC” and a zip code to 43362. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.   

    Homeowners and renters in 39 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center, including locations in other states. No appointment is needed.  

    It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service. 

    MIL OSI USA News

  • MIL-OSI USA: UPDATED: FDIC Board of Directors Meeting

    Source: US Federal Deposit Insurance Corporation FDIC

    CategoriesBusiness, Commerce, MIL-OSI, United States Federal Government, United States Government, United States of America, US Commerce, US Federal Deposit Insurance Corporation FDIC, US Federal Government, US Insurance Sector, USA

    MIL OSI USA News

  • MIL-OSI USA: Miller’s Statement on the USITC’s Ruling on Russian Ferrosilicon

    Source: United States House of Representatives – Congresswoman Carol Miller (R-WV)

    Washington, D.C. – Today, Congresswoman Carol Miller (R-W) released a statement on the United States International Trade Commission (USITC) ruling that all imports of ferrosilicon from Russia will harm U.S. industries. This decision requires the Department of Commerce to place additional anti-dumping and countervailing tariffs on ferrosilicon, which will generate more production in West Virginia.

    “The U.S. ferrosilicon industry and hundreds of American workers have been negatively impacted by the unfair foreign trade of ferrosilicon metals. There is no replacement for ferrosilicon and therefore, it is critical to promote a strong American ferrosilicon industry to protect the communities that rely on its manufacturing and to defend our national security. I, along with a bipartisan group of my colleagues, sent a letter to the USITC Chair Amy Karpel urging her to enact U.S. trade enforcement mechanisms that benefit U.S. energy production and manufacturing. This correction by the USITC and the Department of Commerce is long overdue, and the United States’ will be stronger and safer for it,” said Congresswoman Miller.

    Background:

    • Congresswoman Miller sent a letter to U.S. International Trade Commission (USITC) Chair Amy Karpel urging her to investigate the effect dumped and subsidized ferrosilicon from other countries, including Russia, is having on U.S. production.
    • The ferrosilicon production site in West Virginia currently has unused capacity, partly because of the unfair pricing scheme caused by other countries subsidizing their ferrosilicon.
    • In 2023, Congresswoman Miller introduced the Increasing American Ferrosilicon Production Act, a bipartisan, bicameral bill that impose a tariff on Si 75% ferrosilicon, the last remaining Russian ferrosilicon product that is imported into the United States duty free. Si 75% ferrosilicon will now be subjected to anti-dumping and countervailing tariffs.  

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    MIL OSI USA News

  • MIL-OSI USA: U.S. Rep. Castor, SBA Administrator Open Small Business Recovery Center to Aid Businesses, Individuals, Renters & Nonprofits Damaged or Economically Harmed By Hurricanes

    Source: United States House of Representatives – Reprepsentative Kathy Castor (FL14)

    TAMPA, FL – U.S. Rep. Kathy Castor (FL-14) and Small Business Administration (SBA) Administrator Isabel Casillas Guzman marked the opening of a new SBA Business Recovery Center (BRC) at the Entrepreneur Collaborative Center in Ybor City to support recovery from Hurricanes Helene and Milton.

    The SBA BRC is available to assist businesses, homeowners and renters with advice and applications for low-interest disaster loans.

    “Tampa Bay small businesses fuel our economy, but back-to-back hurricanes have hurt local business owners,” said Rep. Castor. “The new Business Recovery Center will provide on-the-ground support to homeowners, renters, businesses and nonprofits and help them bounce back. I’m grateful to SBA, USF Small Business Development Center and other dedicated disaster teams for helping our community recover. A low-interest disaster loan is a better option than a credit card with a high interest rate.”

    SBA can make disaster loans of up to $500,000 to homeowners to repair or replace disaster-damaged or destroyed real estate. Homeowners and renters may be eligible for up to $100,000 to repair or replace disaster-damaged or destroyed personal property. Businesses may be eligible for up to $2 million for both physical damage and economic injury from business disruption.

    SBA received approximately 37,000 applications for relief submitted from those impacted by Hurricane Helene. The SBA has already made over 700 Helene loan offers totaling about $48 million. For Hurricane Milton, SBA has received over 12,000 applications. 

    Due to a lapse in funding, SBA has paused disbursement until Congress acts, but the SBA application portal remains open, and individuals and small businesses are strongly encouraged to apply for loans. Disaster survivors should start the application process immediately so SBA can review applications and position eligible applicants to receive offers and funds.

    Rep. Castor stands ready to return to Washington to vote for additional disaster funding immediately.

    MIL OSI USA News

  • MIL-OSI USA: DeLauro Renews Call for Emergency Disaster Supplemental

    Source: United States House of Representatives – Congresswoman Rosa DeLauro (CT-03)

    Today, House Appropriations Committee Ranking Member Rosa DeLauro (CT-03) released a statement renewing calls for a comprehensive disaster relief package following news that the Small Business Administration (SBA) had exhausted funds for new disaster loans:

    “For the last year, I have consistently called for a comprehensive emergency supplemental in response to several disasters – from Hurricanes Helene and Milton, to Connecticut flooding and other localized extreme weather events fueled by climate change, to wildfires, to the collapse of the Francis Scott Key Bridge. The SBA’s funds for disaster loans are now exhausted while small businesses and communities across the country still face the impact of these events. While we provided $20 billion for FEMA in the funding bill we passed at the end of September to ensure that they could provide immediate assistance, it is clear now that more is needed. It is far past time for Speaker Johnson to agree to a comprehensive disaster package to help American families, farms, businesses, and communities recover.”

    While the SBA has exhausted funds for its disaster loan program, its loan application portal remains open, as well as SBA disaster centers across the country. The agency will continue to accept new loan applications and ready borrowers to get their disaster loans as soon as funds are available. You can find the application for SBA’s disaster loan program here. If you require relief from the Federal Emergency Management Agency (FEMA), you can find more information here.

    MIL OSI USA News

  • MIL-OSI USA: Senator Peters Helps Introduce Legislation to Protect Michigan Small Businesses Impacted by Low Snowfall

    US Senate News:

    Source: United States Senator for Michigan Gary Peters
    Published: 10.17.2024
    Legislation Would Extend Federal Disaster Relief to Businesses Suffering Losses Due to Milder Winters, Low Snowfall Levels

    WASHINGTON, DC – U.S. Senator Gary Peters (MI) helped introduce legislation to protect small businesses that have been harmed by milder winters and low snowfall levels in recent years. The Winter Recreation Small Business Recovery Act would ensure small businesses that rely on strong winters are eligible for disaster relief through the Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program during winters with below average snowfall or snow cover.
    “With visitors traveling from around the world to experience the benefits of Michigan winters, snowfall is a critical component of our state’s economy, particularly for communities Up North,” said Senator Peters. “I’m proud to help lead this commonsense bill that would not only protect Michigan small businesses and workers, but also the unique character of the communities they support.”
    The EIDL program provides small businesses with the resources they need to remain operational while recovering from a disaster. Under current law, disasters that qualify for assistance include droughts, ice storms, and blizzards, but do not account for winters without enough snow. However, last winter, the U.S. Department of Agriculture (USDA) declared 42 Michigan counties as drought disaster areas due to lack of snow. As a result, small businesses across Michigan suffered severe losses and were forced to cut staff or close their doors completely due to lack of visitors or demand for their services. The State of Michigan has lost millions of dollars in revenue and Michigan’s ski hills lost an estimated $41 million last season. Additionally, according to the Michigan Snowsports Industries Association, over 3,400 employees that operate Michigan’s ski hills were laid off due to the unseasonably warm winter.
    Michigan’s winter recreation industry is driven by snowmobiling, cross-country skiing, snowshoeing, ice fishing, and sleigh rides, as well as snowboard manufacturers and snow removal services. By extending a crucial safety net to these small businesses, the Winter Recreation Small Business Recovery Act would help protect the livelihoods of Michiganders, particularly in Northern Michigan and the Upper Peninsula, by ensuring they are eligible for federal relief during unseasonably warm winters.
    Peters introduced the bill with U.S. Senators Tammy Baldwin (D-WI), Tina Smith (D-MN), and Amy Klobuchar (D-MN).

    MIL OSI USA News

  • MIL-OSI USA: Senator Wicker Announces Nearly $130 Million to Improve Mississippi Infrastructure

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker

    MISSISSIPPI – U.S. Senator Roger Wicker, R-Miss., announced $127,296,812 to improve freight corridors in Jackson and on the Gulf Coast. The funding stems from the infrastructure bill that Senator Wicker helped negotiate as the then highest-ranking Republican on the Senate Commerce, Science, and Transportation Committee.

    The funding will upgrade SR 67 to a Superstreet Corridor on the Gulf Coast. It will also resurface approximately 32 linear miles and update bridge structures along the Interstate 20/ Interstate 55 Freight Corridor in Jackson.

    “Infrastructure investments make Mississippi an even better place to live, work, and visit. These improvements will help attract more people and economic development to the Gulf Coast and Jackson area,” Senator Wicker said. “Supporting infrastructure will continue to be one of my top priorities in Congress.”

    Senator Wicker sent letters of support to the U.S. Department of Transportation Secretary Pete Buttigieg for these projects.

    MIL OSI USA News

  • MIL-OSI: b1BANK Promotes Jerry Vascocu to President

    Source: GlobeNewswire (MIL-OSI)

    BATON ROUGE, La., Oct. 17, 2024 (GLOBE NEWSWIRE) — b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced today that N. Jerome “Jerry” Vascocu Jr. will be the bank’s new president, reporting to Jude Melville, who will retain the title of chairman and CEO.

    Vascocu, who joined b1BANK in 2022 as chief administrative officer, oversees the coordination of banking, operations, risk and credit functions for the bank. He has also led several functions for the bank including correspondent banking, wealth management, human resources and marketing, where he recruited additional strong teammates, developed new products and introduced new technology.

    “With an extensive and varied 30-year career, Jerry’s proven leadership and broad-based banking experience is especially relevant to the challenges and opportunities we anticipate facing as we continue to grow our impact on behalf of clients across the regions in which we operate,” said Jude Melville, chairman and CEO of b1BANK. “Most important, he’s a good person and I look forward to partnering with him in this new role.”

    Before joining b1BANK and relocating to Baton Rouge, La., Vascocu led the development and implementation of client-focused strategies for commercial banking teams across the Southeast at First Horizon Bank. During his 17-year career at IBERIABANK and First Horizon, he also served as market president in multiple markets across Louisiana and Arkansas. Vascocu started his banking career immediately after earning his Bachelor of Arts in Economics from Vanderbilt University.

    “b1BANK continues to build momentum in all our markets and across our various business units. This is a direct result of our teams’ dedication to our clients and to the communities we serve,” said Vascocu. “I am fortunate to be part of a great organization and thankful for the opportunity to serve in an expanded leadership role. I am excited about what is ahead for b1BANK.”

    Vascocu remains focused on community development, economic development, education and healthcare, having served in board leadership roles across Louisiana most recently for One Acadiana, Ochsner Lafayette General Hospital and Foundation, University of Louisiana at Lafayette College of Business and Athletic Foundation.

    About Business First Bancshares, Inc.

    As of June 30, 2024, Business First Bancshares, Inc., (Nasdaq: BFST) through its banking subsidiary b1BANK, had approximately $6.7 billion in assets, $6.1 billion in assets under management through b1BANK’s affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and Texas, providing commercial and personal banking products and services. Commercial banking services include commercial loans and letters of credit, working capital lines and equipment financing, and treasury management services. b1BANK was awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista and is a multiyear winner of American Banker’s “Best Banks to Work For.” Visit b1BANK.com for more information.

    Misty Albrecht
    b1BANK
    225.286.7879
    Misty.Albrecht@b1BANK.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6f3fe29c-03e2-468c-afd8-4ed162d7727e

    The MIL Network

  • MIL-OSI Security: Florida Woman Pleads Guilty to Conspiring to Prepare Fraudulent Loan Applications Totaling More Than $400,000

    Source: Federal Bureau of Investigation (FBI) State Crime News

    MIAMI – On Oct. 15, Lakeisha Black a/k/a/ “Lakeisha Pierce,” pled guilty in federal court in Fort Lauderdale to conspiracy to make false statements to the Small Business Administration in connection with myriad fraudulent Paycheck Protection Program (PPP) loans.

    From July 2020 through June 2021, Black charged between $2,000 and $6,000 to prepare fraudulent PPP loans for at least 14 other individuals, including three former Broward County Sheriff’s Office deputies, who all previously pleaded guilty to the conspiracy in separate cases and have been sentenced. In total, Black is responsible for over $400,000 in fraudulent PPP loans. 

    The sentencing is scheduled for Jan. 7, 2025, before U.S. District Judge Rodney Smith. Black faces up to 5 years in prison for the conspiracy. The court will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    U.S. Attorney for the Southern District of Florida Markenzy Lapointe; Special Agent in Charge Brian Tucker, Eastern Region, Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau;  Special Agent in Charge Darrin K. Jones of the Department of Defense Office of Inspector General, Defense Criminal Investigative Service (DCIS), Southeast Field Office; Sheriff Gregory Tony of Broward Sheriff’s Office (BSO), and Special Agent in Charge Jeffrey B. Veltri of FBI, Miami Field Office, made the announcement.

    FRB-OIG, DCIS, BSO, and FBI Miami investigated this case. Assistant U.S. Attorneys Latoya C. Brown and Trevor C. Jones are prosecuting it.

    On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

    On September 15, 2022, the Attorney General selected the Southern District of Florida’s U.S. Attorney’s Office to head one of three national COVID-19 Fraud Strike Force Teams. The Department of Justice established the Strike Force to enhance existing efforts to combat and prevent COVID-19 related financial fraud.  The Strike Force combines law enforcement and prosecutorial resources and focuses on large-scale, multistate pandemic relief fraud perpetrated by criminal organizations and transnational actors, as well as those who committed multiple instances of pandemic relief fraud. The Strike Force uses prosecutor-led and data analyst-driven teams to identify and bring to justice those who stole pandemic relief funds. Additional information regarding the Strike Force may be found at https://www.justice.gov/opa/pr/justice-department-announces-covid-19-fraud-strike-force-teams.

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    Related court documents and information may be found on the website of the District Court for the Southern District of Florida at http://www.flsd.uscourts.gov or at http://pacer.flsd.uscourts.gov, under case number 24-cr-60137.

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    MIL Security OSI

  • MIL-OSI USA: Governor Cooper Joins United States Secretary of Transportation Pete Buttigieg in Western North Carolina to Survey Storm Damage and Receive Briefings on Recovery Efforts

    Source: US State of North Carolina

    Headline: Governor Cooper Joins United States Secretary of Transportation Pete Buttigieg in Western North Carolina to Survey Storm Damage and Receive Briefings on Recovery Efforts

    Governor Cooper Joins United States Secretary of Transportation Pete Buttigieg in Western North Carolina to Survey Storm Damage and Receive Briefings on Recovery Efforts
    bconroy

    Today, Governor Roy Cooper joined United States Secretary of Transportation Pete Buttigieg in Western North Carolina for a briefing on recovery efforts with federal officials and view damaged areas in Asheville and Canton. The Governor and Secretary Buttigieg also visited a damaged section of I-40.

    “Today I spent time on the ground in Asheville, Canton and at a damaged portion of I-40, helping federal, state and local recovery efforts to open up roadways and help communities recover,” said Governor Cooper. “I’m grateful for the efforts of Secretary Buttigieg and the Biden-Harris Administration to provide critical federal funding and resources to Western North Carolina as we recover from this storm.”

    In Asheville, the Governor and Secretary Buttigieg received a storm recovery briefing from federal officials and then joined Asheville Mayor Esther Manheimer for a briefing on the River Arts District, which sustained significant damage from Helene. In Canton, the Governor and Secretary Buttigieg joined Mayor Zeb Smathers for a walking tour of damaged areas in the town. Lastly, the group traveled to a damaged I-40 site near the North Carolina-Tennessee border where they received a briefing from federal and state transportation officials regarding ongoing efforts to reopen the interstate with the help of federal funding.

    Yesterday, Governor Cooper issued an emergency Executive Order authorizing the North Carolina Department of Commerce, Division of Employment Security, to increase the amount of weekly unemployment payments available to North Carolinians in the aftermath of Hurricane Helene. As a result of this Order, weekly unemployment benefits will increase from a maximum of $350 a week to a maximum of $600 a week. Prior to the executive order, many low-income and part-time workers would have received less than the $350 weekly maximum. To ensure that these workers receive necessary benefits in the wake of Helene, the order will also increase benefits by $250 a week (up to the $600 cap) for all eligible workers. This order is tied to the State of Emergency for Hurricane Helene, and will remain in effect until the end of the Emergency or until it is rescinded.

    North Carolina National Guard and Military Response

    Over 3,500 Soldiers and Airmen are working in Western North Carolina. Joint Task Force- North Carolina, the task force led by the North Carolina National Guard is made up of Soldiers and Airmen from 12 different states, two different XVIII Airborne Corps units from Ft. Liberty, a unit from Ft. Campbell’s 101st Airborne Division, and numerous civilian entities are working side-by-side to get the much-needed help to people in Western North Carolina.

    The U.S. Army Corps of Engineers is helping to assess water and wastewater plants and dams. Residents can track the status of the public water supply in their area through this website.

    FEMA Assistance

    Nearly $107 million in FEMA Individual Assistance funds have been paid so far to Western North Carolina disaster survivors and approximately 187,000 people have registered for Individual Assistance. Approximately 2,100 households are now housed in hotels through FEMA’s Transitional Sheltering Assistance.

    Approximately 1,400 FEMA staff are in the state to help with the Western North Carolina relief effort. In addition to search and rescue and providing commodities, they are meeting with disaster survivors in shelters and neighborhoods to provide rapid access to relief resources. They can be identified by their FEMA logo apparel and federal government identification.

    North Carolinians can apply for Individual Assistance by calling 1-800-621-3362 from 7am to 11pm daily or by visiting www.disasterassistance.gov, or by downloading the FEMA app. FEMA may be able to help with serious needs, displacement, temporary lodging, basic home repair costs, personal property loss or other disaster-caused needs.

    Help from Other States

    More than 1,600 responders from 38 state and local agencies have performed 145 missions supporting the response and recovery efforts through the Emergency Management Assistance Compact (EMAC). This includes public health nurses, emergency management teams supporting local governments, veterinarians, teams with search dogs and more.

    Beware of Misinformation

    North Carolina Emergency Management and local officials are cautioning the public about false Helene reports and misinformation being shared on social media. NCEM has launched a fact versus rumor response webpage to provide factual information in the wake of this storm. FEMA also has a rumor response webpage.

    Efforts continue to provide food, water and basic necessities to residents in affected communities, using both ground resources and air drops from the NC National Guard. Food, water and commodity points of distribution are open throughout Western North Carolina. For information on these sites in your community, visit your local emergency management and local government social media and websites or visit ncdps.gov/Helene.

    Storm Damage Cleanup

    If your home has damages and you need assistance with clean up, please call Crisis Cleanup for access to volunteer organizations that can assist you at 844-965-1386.

    Power Outages

    Across Western North Carolina, approximately 9,500 customers remain without power, down from a peak of more than 1 million. Overall power outage numbers will fluctuate up and down as power crews temporarily take circuits or substations offline to make repairs and restore additional customers.

    Road Closures

    Some roads are closed because they are too damaged and dangerous to travel. Other roads still need to be reserved for essential traffic like utility vehicles, construction equipment and supply trucks. However, some parts of the area are open and ready to welcome visitors which is critical for the revival of Western North Carolina’s economy. If you are considering a visit to the area, consult DriveNC.gov for open roads and reach out to the community and businesses you want to visit to see if they are welcoming visitors back yet.

    NCDOT currently has approximately 2,000 employees and 900 pieces of equipment working on approximately 7,100 damaged road sites.

    Fatalities

    Ninety-five storm-related deaths have been confirmed in North Carolina by the Office of Chief Medical Examiner. This number is expected to rise over the coming days. The North Carolina Office of the Chief Medical Examiner will continue to confirm numbers twice daily. If you have an emergency or believe that someone is in danger, please call 911.

    Volunteers and Donations

    If you would like to donate to the North Carolina Disaster Relief Fund, visit nc.gov/donate. Donations will help to support local nonprofits working on the ground.

    For information on volunteer opportunities, please visit nc.gov/volunteernc.

    Additional Assistance

    There is no right or wrong way to feel in response to the trauma of a hurricane. If you have been impacted by the storm and need someone to talk to, call or text the Disaster Distress Helpline at 1-800-985-5990. Help is also available to anyone, anytime in English or Spanish through a call, text or chat to 988. Learn more at 988Lifeline.org.

    If you are seeking a representative from the North Carolina Joint Information Center, please email ncempio@ncdps.gov or call 919-825-2599.

    For general information, access to resources, or answers to frequently asked questions, please visit ncdps.gov/helene.

    If you are seeking information on resources for recovery help for a resident impacted from the storm, please email IArecovery@ncdps.gov.

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    Oct 17, 2024

    MIL OSI USA News