14 Matching Annotations
  1. Aug 2020
  2. Jul 2020
  3. Jun 2020
    1. Share to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to PinterestPinterestShare to MessengerMessengerShare to SlackSlack UK and Cross Border Pension Sharing service

      Cross Border US UK pension sharing services - We offer a UK based, FCA regulated service to individuals who are to receive pension funds when instructed by court order

  4. May 2020
  5. Dec 2019
    1. There is created in the State treasury a special fund, which shall be held separate and apart from all other State moneys, to be known as the Cannabis Business Development Fund. The Cannabis Business Development Fund shall be exclusively used for the following purposes:        (1) to provide low-interest rate loans to Qualified      Social Equity Applicants to pay for ordinary and necessary expenses to start and operate a cannabis business establishment permitted by this Act;        (2) to provide grants to Qualified Social Equity     Applicants to pay for ordinary and necessary expenses to start and operate a cannabis business establishment permitted by this Act;        (3) to compensate the Department of Commerce and     Economic Opportunity for any costs related to the provision of low-interest loans and grants to Qualified Social Equity Applicants;         (4) to pay for outreach that may be provided or     targeted to attract and support Social Equity Applicants and Qualified Social Equity Applicants;        (5) (blank);         (6) to conduct any study or research concerning the     participation of minorities, women, veterans, or people with disabilities in the cannabis industry, including, without limitation, barriers to such individuals entering the industry as equity owners of cannabis business establishments;        (7) (blank); and        (8) to assist with job training and technical     assistance for residents in Disproportionately Impacted Areas.

      The Cannabis Business Development Fund is a unique aspect of Illinois' marijuana law establishing a fund to be exclusively used for providing low interest loans and grants for qualified social equity applicants designed to help them start and operate a business.

      Funds will also go towards advertisement to attract applicants, conduct research on participation numbers and assistance with job training.

      The fund will hold money collected from early approval licenses issued before January 2021 and from license transfers from qualified social equity applicants.

      An additional $12 million dollars is in the fund from medicinal pilot program.

      The funds can not be transferred from the fund, according to the law.

    2.  Sec. 7-25. Transfer of license awarded to Qualified Social Equity Applicant.     (a) In the event a Qualified Social Equity Applicant seeks to transfer, sell, or grant a cannabis business establishment license within 5 years after it was issued to a person or entity that does not qualify as a Social Equity Applicant, the transfer agreement shall require the new license holder to pay the Cannabis Business Development Fund an amount equal to:         (1) any fees that were waived by any State agency     based on the applicant's status as a Social Equity Applicant, if applicable;        (2) any outstanding amount owed by the Qualified     Social Equity Applicant for a loan through the Cannabis Business Development Fund, if applicable; and        (3) the full amount of any grants that the Qualified     Social Equity Applicant received from the Department of Commerce and Economic Opportunity, if applicable.     (b) Transfers of cannabis business establishment licenses awarded to a Social Equity Applicant are subject to all other provisions of this Act, the Compassionate Use of Medical Cannabis Program Act, and rules regarding transfers. (Source: P.A. 101-27, eff. 6-25-19; 101-593, eff. 12-4-19.)

      All fees waived for qualified social equity applicants must be paid back before the license can be transferred to a new license holder. That money would go towards the Cannabis Business Development Fund.

  6. Aug 2019
  7. Apr 2019
  8. Jun 2017
    1. ☛ Risk: The Wikimedia global movement does not improve in cultural, geographic, or demographic diversity, leading to less relevant and lower-quality content for a global audience.

      Nex time Wikimedia ask me for money only, without any attempt to make any real two way communication, I will try to volunteer time to help them with this Risk, particularly showing them diversity in concerns and technology.

  9. Jul 2016
    1. They invest in tools, esp early stage.

    2. Direct Investments We make a limited number of grants outside of our challenge efforts to nonprofit entrepreneurs developing breakthrough tools and services that can strengthen the design and implementation of innovative school models and have the potential to achieve scale and sustainability.

      They make direct investments in innovative tools

  10. Dec 2015
    1. The problem with early stage investing is that markets can never be sized in Excel. If they could be reduced to a formula, we’d all be working at hedge funds. No, the essence of early stage investing is more instinctual.

      you can never size a market in excel