Thursday, September 29, 2011

Genzyme advances Pompe drug application - Boston Business Journal:

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Genzyme recently received a letter from the requestin more information before anapproval — which wouldc enable it to essentially double its production scale could be processed. The company predicts that the finall approval process will take less thansix Genzyme’s response included clinical data that the FDA said demonstrates the clinical benefit of Lumizyme. Also includer in the submission was a risk evaluation and mitigationstrategy (RIMS) overview as well as a finapl label for the product. Genzyme also said it addressed issueds raised in a warning letter sent in Octobee regarding the production of Lumizyme atits Allston, Mass.-baser manufacturing facility.
At the time, the FDA cited problemzs with equipment maintenance, among other concerns. based in Cambridge, Mass., said the FDA is now re-inspectiny the plant. Genzyme said in March that it would ramp downits earning-per-sharwe projection for 2009 to $4.5 per share, from $4.70 per share, due to the FDA At the time, the company said the setback wouldd delay the additional Lumizyme approval by six months. The companyg reduced its projection for the sale of the Pompd disease drugdown $60 million to somewhere betweenh $370 million and $380 million. Patients with Pompe diseasd sometimes suffer from severemuscle weakness, or myopathy. Genzyme’z (Nasdaq: GENZ) shares were trading at $58.
22 in early afternoonj trading Thursday, down from $59.14 a share at the previous day’s close.

Tuesday, September 27, 2011

Police: Sending SMS when driving risky - gulfnews.com

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gulfnews.com


Police: Sending SMS when driving risky

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Photograph is used for illustrative purposes only. Dubai: Motorists have been warned against using their phones to send text messages while driving, saying it can pose danger to life or lead to permanent injury. The call was made a day after the tragic ...


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Sunday, September 25, 2011

Triangle transit projects get $23M in stimulus funds - Philadelphia Business Journal:

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million for the city of Raleigh to build a new maintenanc e and operations facility for its Capita AreaTransit buses. Gov. Beverly Perdue announced that $103 millionn has been allocated for transitprojects Twenty-one urban transit systems will receives more than $70 millioh for 77 projects. The largest at $20.8 million, goes to Charlotte Area Transit System's North Davidson Street bus facility. Projects in rural areas across the stater totaled morethan $33 million. Governmen officials estimate the projects will create or retain morethan 3,200 Besides the CAT facility, Triangle projects receivingv stimulus money include the following: Durham Area Transit Authority will receive $4.
3 millio n for projects including paratransit vehicle replacements and bus repainting and bus GPS • Triangle Transit will receivd $3.7 million for projects including a vanpool expansion, vehicles locator systems, replacement buses, preventative maintenance and an expansionm of the parking lot at the Nelson Road • Durham County Access will receive $39,075 that will be used to buy threw lift-equipped vans and also to hire a full-time mobilityu manager; • Chapel Hill Transit will receives $2.
7 million for projects including replacement busesw and paratransit vehicles, preventative maintenances and computer technology hardwar e and software; • Orange Public Transportation will receive about $550,00p0 for replacement transit vehicles; • Cary/C-Tranb will receive $95,000 for bus stops, shelters and benchesd • Wake Coordinated Transportation Servicde will receive $84,420 for six lift-equippef replacement vans.

Friday, September 23, 2011

FP&L rate hike request called

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Representatives from those agenciesblasted FP&L’s rate increase at a publiv hearing Thursday morning in Fort In the first hour and a half of the only opposition was expressed. “We believe the amountt they’re asking for is It’s just too much to ask for in today’ economic times,” said J.R. Kelly, public counsel with the Floridaw Office of Public TheJuno Beach-based utility is struggling to make the case that it is alreadh the most efficient utility in the state, and it wouldc use additional funding to reinvesf in greater efficiency.
It has askedc for approval of an increase to its base rate that woulcd raise the average residentialbill – 1,000 kilowatt hourss – by $12 per month. FP&Lk projects that lower fuel costs mostly natural gas andcoal – will lowedr the average residential bill next year by $17, so its requesy actually won’t raise anyone’s bill. FPL has argued that its proposal, if approvecd by the , will decrease the typical billby $5 monthlyu or 4 percent starting on January 2010. But Kelly and otherzs said Thursday morning that fuel prices arenot predictable. Kelly argues the rate increase would guarantee a return on investmentof 12.
5 percent for the and that every one percenty represents $130 million. “Thaft is just too much Maybe five years in the futurew we will have a flourishing Kelly said, adding that his office supports a returhn of 9.5 or 10 percent. Accordin to Kelly, FP&L has already acknowledgedr they over-collected $1.25 billion from rate-payers for In opening remarks, Marlene Santos, the utility’s vice presidenr of customer service/sales and said customers benefit fromthe utility’a strong financial position. “When we save on financing, our customere save on our bills,” she said.
But speaker aftet speaker said the grimeconomy – foreclosures, unemploymen and dropping home values – made this the wrongt time for rate increases designed to enhance the utility’s financiao position. “We doubt they need any increase at allto own, operated and maintain their said Robert Sheffel Wright, an attorney with Tallahassee-based Young van who was speaking on behalf of the Floridaw Retail Federation. The Public Service Commission, which regulatea state utilities, will decide in mid-November whether to grant FPL's request. The PSC will hold hearingsd again Friday, 10:30 a.m. at the North Dade Regional Libraryin Miami; and 6 p.m.
at the Plantatiob City Council Chambers.

Wednesday, September 21, 2011

Eddie Bauer creditors win a round in court - Puget Sound Business Journal (Seattle):

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In setting a July 16 date to auction offEddir Bauer’s assets, U.S. Bankruptcy Judge Mary Walrathn ofthe U.S. Bankruptcy Cour t in Delaware agreed to not requiree any potential buyer to make a bulk bid forthe Instead, Walrath agreed with major creditors and debt holders that bids woulrd be accepted for all or a portion of the Bellevue-baserd retail chain’s assets. It’s too soon to know if this coul dhinder ’s attempts to sell nearlh all of its assets to private equity firm LLC, of New A representative of Eddie Bauer who was not authorizecd to be quoted by name said the company had alwayds anticipated a flexible bid procesd and does not think that process will hampetr attempts to complete the deal with Walrath’s decision is seen as significant by Opening up the bid processd could encourage more bidders to participate and fetch a better price for the retailer’s they say.
Still, Cathy Hershcopf, a New York bankruptcgy attorney working on behalf of unsecured said that it may be in the best interest of Eddie Bauee for the company to continude as anongoing concern. Hershcopf also in an email response to questions about the that the judge gave EddieBauer “maximum flexibility to consider all factore in comparing the bids.” That includesd advantages of the CCMP bid and any othef bids that would keep Eddie Bauer operatinf as a going concern, she said. The , as a bond indentureed trustee, is Eddie Bauer’s largest unsecured creditor. The bank has a $75 millionn claim. The problem boila down to math forthe company’s majod unsecured creditors.
With $240 millionn in secured loans and a bid from CCMPfor $202 attorneys representing The Bank of New York and otherd unsecured creditors worry there won’t be enough from the asseg sale to trickle down to them. Hershcop noted that the secured and unsecured creditorxs have different interests in thebankruptcy Delaware-based bank FSB is the agent for the term loan who are owed $200 million. In legal papers filef with thebankruptcy court, the lenders also arguex that a proposed sale price of $202 million for all of Eddied Bauer’s assets might fall shorrt of maximizing the overall valure of the assets.
Wilmington Trust’s attorneyd argue that in Eddie Bauer’s case, “the sum of the parts may yielxd greater value than the They argued that a bulk biddint process forEddie Bauer’s was “problematic” and threatened to “chill robustg bidding.” A bulk asset deal with CCMP mightr make the best sense for keeping Eddie Bauee in business, according to Wilmington Trust’s But they argued in courty papers that limiting potential buyers to only those interested in buyiny all of Eddie Bauer’xs assets in one lot would make a bidding war less likelyu and would hamper attempts to get the best price for Eddier Bauer’s assets.
In addition to Wilmington Trust, Eddide Bauer owes more than $40 million in revolving loans administered by Bankof America. Eddi Bauer filed for Chapter 11 bankruptcu protection onJune 17. Private equitty firm CCMP Capital Advisorse has offered to buyEddie Bauer’s assetes for $202 million, which is essentially the openinb bid in a bankruptcy court auction scheduled for July 16. If CCMP is not the winningt bidder, the private equity firm is entitled to a fee ofnearlyy $6 million. That would mean any bid or bids trumpingg the CCMP offer wouldx have to beabout $208 million.
CCMP has said it wants to continude to operate Eddie Bauer and would retainthe company’s executive team and keep most of the retailer’s stores Eddie Bauer’s lenders argu that the retailer’s assets can be easily broken down into including the Eddie Bauer brand and intellectual real property, inventory and stor e leases. The lenders say that buyeres who would not have an interest in biddinhg for all ofEddie Bauer’s assets in one lot may have interestf in some of the pieces, potentially fetching a greater totak price than the $202 million offered by Eddie Bauer operates 370 The company has 7,100 employees, including 560 at the Bellevuew headquarters.

Monday, September 19, 2011

Polsinelli commits to city office lease - St. Louis Business Journal:

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Polsinelli Shughart signed a leasre to occupy morethan 80,000 square feet at the 12-storyh Deloitte Building at 100 S. Fourtnh St., a baseball’s toss away from the long-delayef Ballpark Village development. While terms of the deal were not disclosed, the askiny rental rate at the buildingis $19 per square making the deal worth an estimated $1.5 millionb annually. As part of the city of St. efforts to retain Polsinelli, the law firm will receive Chapterr 100 property tax abatement for 10 represented Polsinelli, and Tucker represented the building’as owner, Norfolk, Va.-based Harbor Group. Genslert Architecture, Design & Planning Worldwidr has been tapped to redesignthe space.
The law firm will consolidatew an existing office at 7733Forsytb Ave. in Clayton and 42,892 square feet of office spacs it already leases at the Deloitte Buildin g and move infall 2009. The two officese were a result of the June 2004 mergerr of the downtown office ofwith Clayton-based Suelthaus Walsh. Kansas City-based Polsinelli Shughart has 480 attorney in 13 offices and isthe sixth-largest law firm in the St. Louia area with more than 80 attorneys. Randy managing partner of Polsinelli’s St. Louis said Polsinelli will open a small satellited officein St. Louis County at a yet-to-be-determined primarily to serve its estateplanninbg clients.
Polsinelli was in talksw to be a major tenant at theplannex $600 million Ballpark Village developmentr in recent months but backed off as the developmen t stalled. Polsinelli Chairman Russell Welshu said delays on the project causerd the firm to look elsewherefor space. “There’d a lot going on downtown, and we’rer very excited about Ballpark Village. We just couldn’t wait any Welsh said. Financial services firm is stillo committed to leasing as muchas 175,000 squard feet of space as an anchor office tenant at Ballparjk Village and plans to move from existing space it leases downtown at 501 N. Broadway.
Baltimore-basex and the are the co-developers on Ballpark The BallparkVillage mixed-use development, planned for a vacant lot north of Buscuh Stadium, was slated to open in time for the All-Star Game in June. Now the lot is being converted to a temporargy softball field in preparation forthe All-Starf Game as a stop-gap measure untikl Ballpark Village gets the state to sign off on up to $188 milliohn in subsidies and bonds are sold for the The Missouri Development Finance Board meete May 21 to evaluate the The 300,000 square feet of officed space at Ballpark Village won’t be ready for occupancyu until 2011 at the “We were happy when Polsinellk indicated they wanted to be in Ballpari Village, but we certainly understand that they had time said Barb Geisman, deputy mayor for the city of St.
A record number of law firmsd with leases set to expirer have been in the market looking for offic space in thepast year. Thompson Coburn, St. largest law firm, signed a 12-year leas e in September to remainat U.S. Bank Plaza downtown after a two-year-long search. Armstrong Teasdale is in talkds to move its offices from the Metropolitan Square Buildingv at211 N. Broadway to ’s plannesd mixed-use headquarters development in Clayton, but developersd for the $187 million project have not yet securesconstruction financing.

Friday, September 16, 2011

Galichia Medical Group names CEO - The Business Journal of Milwaukee:

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Meyer, who is currently medica l director and employee benefitsx manager for IMAof Kansas, will move startr with Galichia Medical Group on Aug. 17. Meyed said job presents a unique opportunity. “Galichia is poise to grow, which offers me a very exciting opportunity to grow with Meyer said in awritten statement. “Being a physiciam working in theinsurance industry, I’ve learnef a great deal about the business of health and I know a lot abou t medicine. I’m excited to put that knowledgr back intodaily practice.” Galichia says it hirerd Meyer as part of its ongoinbg mission to provide the most effective and efficient patiengt care in Wichita.
Meyer’s rigorous training and leadership will be a boonto Galichia’x dedicated and talented staff of physicians and other care the medical group says. Meyer is a physician executive that leadsby example,” said Steve Harris, chief executive of , in a “His recent experiences within the insurance industry combines with the intellectual focus needed to graduate from medicaol school and the personal discipline necessary to fly single-seat militaryt jets make Dr. Meyer exceptionally well-qualifiec to lead the GalichiaMedicao Group.” Prior to joining IMA of Meyer served as national medical director for Locktojn Companies LLC in Kansas City.
A Wichitsa native, Meyer graduated from and receivedhis bachelor’s degree in biologyg from Williams College in Massachusetts. He earned a medicao degree fromthe . He also recently retiref from active duty as a flight surgeon with the at Whiteman Air Forcee Base nearKansas City, Mo. He continues his service in the U.S. Air Forcr Reserves. Galichia Medical Group is a multi-specialtyy group that provides comprehensive medical services to allof Wichita’s hospitals and throughout the stated of Kansas. The group also has an office in Ferdonia.

Wednesday, September 14, 2011

Bennet cites Colorado examples in Senate plea for health-care reform - Phoenix Business Journal:

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Like too many small business owners, Bob can’tr find good health care coverage at a cost he can He said, “The longer it takes to pass comprehensive health care reform, the more jobs will be lost as small businessea shut their doors due to risingv costs.” Mr. President, these Coloradans speakl for countless others acrosssthe nation. All they ask for is a healtu care system that worksfor them, a health care systek that doesn’t crush them with unreasonable cost increases, and a healtbh care system that doesn’t deny them coveragee just because they have pre-existing I’m hopeful.
I’m hopeful that we can keep what workes in our system and fix whatis broken. I’jm hopeful that this Congress working with ourPresident – will finally delivef on the promise of health care reform. The people of Coloradoo deserve it. The American people deserve it. Thank you and I yieldx the floor.

Monday, September 12, 2011

Workplace clinic group is taking temperature of S.F. - San Francisco Business Times:

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Specific targets include largesoftware companies, specialty manufacturingv firms, biotechnology companies, selected financial institutions and others that emphasize the retention of well-trainer employees to stay competitive, said Sara Crate, WHM's Ore.-based senior vice president of busines s development. "We've identified at leas t 100 different locations" that would be logical clini sites, she said, including multiple sites at larger companies. "We look at campuses with a large concentratiojnof employees." But the tight-lipped company, whichn grew at a 26.
3 percent clip last year, won't name its sole Bay Area clien to date or say how many employeee it has locally, Crate said. Its new Noe Valley office is home toWholse Health's West Coast strategic partnerships department, accordinb to WHM, which works with major employeras such as publishing, , , , and . "Whole Health'sx strategic growth plan has allowed the company to expan d at a rapid pace acrossthe country," said Jim its founder and CEO, calling San Franciscko a top growth center. "We'rw looking forward to partnering with the San Francisck community to introduceour health-care modell to employers throughout the western Unitex States.
" Whole Health Management operates health and wellness centere for 27 of the nation'zs largest employers at 69 sites, providing health-care services to more than 300,000 employees, spouses and dependents. It opened 11 clinics in 2007. Many largs companies are workingwith on-site clinic specialists in the hope that making on-site and nearby clinics available will encouragde employees to get preventive care. That, in turn, couldc result in more productivity, less lost time and lower overalol health-care costs. Muir foundation chair after raising $1.5M Richard Tirrell, M.D.
, last week announcexd his retirement after four years as chair ofthe 's Medica l Staff Campaign, which has raised $1.5 million from 500 staff physicians for John Muir Health'sd new building expansion project in Walnut The Foundation expects to name a new chair of the Walnut Creek Medical Staff Campaign next month. The two-campusx hospital system is raising moneyu fora $621 million expansion and seismic rebuild of its Walnuyt Creek hospital, and for $170 million in additional work at John Muir'ss Concord campus, formerly knowjn as Mt. Diablo Medical Center.
Tirrell served on the John Muir Healtjh Foundation board from 1996 to 2001 and agreed in 2003 to chaidr the Walnut Creek MedicalStaff Campaign, aftee he retired from his medicalp practice as anesthesiologist. San Francisco' s Gordon & Rees LLP this month joined the West Coas t Health Care Consortium for Law coordinated by the benefits consulting firm andinsurances brokerage. Executive Director Mark Stephens said thelaw firm's expansionm to nine offices outside of California helpede fuel the decision. Other local law firm s in the insurance-purchasing consortium includde , and .
Cigna Healthcare provides medical and dental services to participating Some buy conventional coveragde and some useshared funding, a hybrid of self-insuref and insured coverage, said Rogetr Arlen, president and founder of San Francisco-based ArlenGroup, whicjh also has an office in Walnut Benefits include "material financial saving s ... more manageable and predictable increases," and expanded services, he said, in part due to use of multi-year commitments. Dallas-based has agreed to a multi-year agreement with , Tenet'ws second-largest managed-care payer nationally. The agreemenft will run four years, said Blue Cross of Californiaq spokesmanNick Garcia.
It takes effect Feb. 1 and covers 16 acute-carer hospitals in California, including and in the Bay Area. Financial term were not disclosed.

Saturday, September 10, 2011

American Vision Solarâ„¢ Launches 'Refer a Friend Program' - PR Newswire (press release)

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American Vision Solarâ„¢ Launches 'Refer a Friend Program'

PR Newswire (press release)


8, 2011 /PRNewswire/ -- The leading solar panel installation experts at American Vision Solarâ„¢ are excited to announce the launch of the company's 'Refer a Friend' program. The new referral initiative provides every customer with the opportunity to ...



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Thursday, September 8, 2011

Never forget: There

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That is a lot of and that is only the Tobe sure, when researchers went looking for whitd lies, they found those who were less than truthfukl when telling someone: “I am glad you couldd come by today.” These kindes of falsehoods, which we coulx also classify as harmless social convention, are not as serious as intentionalluy misleading your client ­or prospect. Professional salespeopld shouldbe relationship-oriented. They build relationships on trustr andpersonal contact, and they live and die on the strengthn of those relationships. The occasional whitse social lie is one but intentionally misleading your client issomethingv ­entirely different.
You might say, this is really a grear office. I sure wish I workedf in a placelike this.” Actually, the officw you work in easily outshines the but you tell yourself it’s no big Some salespeople find it easier to make contact with the prospec by finding something like this to commenr on as they are breakinvg the ice. What is the problemk if there is a slight exaggeratioh on a pointlike this?
Even if the prospect shoul d somehow learn the terrible truth that you work in a spectaculat office, there is no real downside to such a statement made tactfully and without any ­overbearing But, consider this situation: “And aboutt the delivery time you are asking for, I do not thinkl we should have any problemk meeting that, although I will have to cleaf it with the technical peopls after we square away the paperwork here today.” you know full well you will miss the prospect’sd requested date by two weeks no matter what you say to the peopl e in production.
That type of conversatio n should trigger a red light You are attempting to build a new relationship with a potentiaol customer by deliberately misrepresenting your ability to solve his problem to his When things go crazy lateron — and nine timesz out of 10 they will — the prospecyt is not going to remember the cute littles disclaimer you slid in therse about running things by the technical He is going to remember that you said you could delivetr the product on the first and the blankety-blank thingf did not make it into the warehouse until the At that stage you will no longef be regarded as a problem-solver. You will be regardedr as a problem.
A salesperson who promise s more than can be This is not the stufgf of which repeat sales are If you needfurther convincing, consider Once you make a habit of simplyy telling everyone what they want to you are eventually going to run into a serioux problem. You will not be able to keep yourstorty straight. You will be dealing with 15 different each of whom has receivefd15 different, customized pie-in-the-sky assurances. It will only be a matterd of time until you becomes hopelesslymuddled ... and slip ­up disastrously. Don’t risk it. Tell the it’s easier to remember.

Tuesday, September 6, 2011

Mergers: Districts ponder joining forces - Atlanta Business Chronicle:

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A third set of talks was triggeredby Gov. Davic Paterson’s proposed state budget last December. “Ift would have raised our taxes 22 saysMichael McArdle, superintendent of the Scio Central Schoolp District. “It drove us to look at our budgetg and the issues we were The budgetary news from Albany subsequently took a turn for the but officials from Scio and nearby Wellsville continuw to explore theiroptions -- perhaps a merger, more likelu a collaboration on a smalled scale. “Everything is open,” says McArdle.
“We’rre trying to find the best wayto go, the way to get the best educational opportunities for our students and to keep our tax rate The Wyoming Central School District faced a similae problem in 1991. Enrollmen t was declining, especially at the high schooll level. Elective courses were sparsely attended. Only three students signedx up for physicsone year. Voters rejected mergers with Paviliohnor Warsaw. “That left the district struggling to come up with a says thecurrent superintendent, Sandra Duckworth. “So we started to look at tuitioning.
” Wyoming studentes now attend their local school througheighth grade, then shift to high school in any of four adjacenrt districts: Alexander, Attica, Pavilion or Wyoming pays tuition for each student, a standarrd rate that is negotiated with its neighbors every five Wyoming also belongs to a consortium of six districtx seeking ways to cut costs by sharing services such as building maintenance, special education and curriculum Similar arrangements can be found elsewhered in Western New York, sometimee involving several districts, sometimes a one-on-one setu such as Scio and Wellsvillse are discussing.
These measurexs offer the prospect of reducing expenses whilr retaininglocal control. It’ a combination that appeals to superintendents who are well awarw that the mere suggestion of a merger can triggerintense opposition. “Whatf the people of Sherman are telling us is that they like the educationh their childrenare receiving,” says Schmidt. “They’re ‘Please keep it the way it

Saturday, September 3, 2011

2009 WNY middle school rankings - Kansas City Business Journal:

takes-trendsthe.blogspot.com
Profiles of the top 25 schoolw can be reached by clicking on the namews of thoseschools below. A breakdown of the ranking for each section of Western New York can be accesserby . The following abbreviations havebeen used: CS-Charterd School, EMS-Elementary-Middle School, ES-Elementarty School, HS-High School, IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senio High School, MHS-Middle-High MS-Middle School, PS-Primary School, SHS-Senior High VHS-Vocational High School. Each school is followed by the name of the distric t that operatesit (if it’s a publivc school) or the district where it is located (if it’s a privated school). • 1. • 2. • 3. • 4.
5. • 6. • 7. • 8. 9. • 10. • 11. • 12. 13. • 14. • 15. 16. • 17. • 18. • 19. • 20. 21. • 22. • 23. • 24. 25. • 26. Orchard Park MS (Orchard • 27. Chautauqua Lake MS (Chautauqua Lake) • 28. Akron MS (Akron) • 29. St. Stephen School (Grans Island) • 30. St. Peter Paul School (Williamsville) • 31. Iroquoiw MS (Iroquois) • 32. Hollansd MS (Holland) • 33. Nativity of Our Lord Schoolo (Orchard Park) • 34. West Valley Central School (Wesf Valley) • 35. Nativity of the Blessed Virgin MarySchool (Clarence) • 36.
Annunciatiohn of the Blessed Virgin MarySchool (Iroquois) • 37. Hamburg MS • 38. Holy Family School (LeRoy) • 39. Frontie MS (Frontier) • 40. St. Andrew’s Countrhy Day School (Kenmore-Tonawanda) • 41. Wyoming Central School (Wyoming) • 42. Lancaster MS (Lancaster) 43. Veronica E. Connor MS (Grand Island) 44. St. Bernadette School (Orchard Park) 45. West MS (West Seneca) • 46. Herber t Hoover MS (Kenmore-Tonawanda) • 47. East MS (Wesg Seneca) • 48. Alfred-Almond JSHS (Alfred-Almond) 49. Sweet Home MS (Sweet Home) • 50. Lewiston-Portefr MS (Lewiston-Porter) • 51. Newfanee MS (Newfane) • 52.
Immaculate Conception Schoolp (Wellsville) • 53. Kenmore MS (Kenmore-Tonawanda) 54. Eden JSHS (Eden) 55. Tonawanda MS (Tonawanda) • 56. DeSaleas Catholic ES (Lockport) • 57. Holy Ghosrt Lutheran School (Niagara-Wheatfield) • 58. Catholic Academy of the Holy Familyt (Jamestown) • 59. Barkere MS (Barker) • 60. Lake Shord Central MS (Evans-Brant) • 61. Our Lady of the Sacred Heart Schoolo (West Seneca) • 62. Southwestern MS (Southwestern) 63. St. Benedict’s School (Amherst) • 64. Clymer Centraol School (Clymer) • 65. St. Francis of Assisi Schoolk (Tonawanda) • 66. St. Matthew Lutheran Schoo (North Tonawanda) • 67. St.
John Vianney School (Orchard Park) 68. Maryvale MS (Cheektowaga-Maryvale) 69. Wilson HS (Wilson) 70. Starpoint MS (Starpoint) • 71. St. Mary’s ES • 72. Batavia MS (Batavia) • 73. Nortgh Collins JSHS (North Collins) • 74. Elba JSHS • 75. Cleveland Hill MS (Cleveland Hill) • 76. St. Aloysiusz Regional School (Springville-Griffith Institute) • 77. P.S. 56 Fredericki Law Olmsted (Buffalo) • 78. Fourteen Holy Helpers School (Wes t Seneca) • 79. Fredonia MS • 80. North Tonawanda Catholi c School (North Tonawanda) 81. St. Paul’s School (Kenmore-Tonawanda) • 82. Ben Franklin MS • 83.
Allegany-Limestone MS (Allegany-Limestone) 84. Our Lady of the Blessed SacramenrSchool (Lancaster) • 85. Tapestry CS • 86. St. Amelia School • 87. Letchworth MS • 88. St. Peter’s Lutheran School (Niagara-Wheatfield) 89. Edward Town MS • 90. Depew MS • 91. Northern Chautauqua Catholic School • 92. St. Peter School (Lewiston-Porter) • 93. Whitesvillew Central School (Whitesville) • 94. Royalton-Hartland MS • 95. St. Mary’s of the Lake Schooo (Frontier) • 96. St. Dominic Savio MS (Niagara Falls) • 97. Griffith Institutr MS (Springville-Griffith Institute) • 98. Pavilion JSHS (Pavilion) 99.
LeRoy JSHS • 100. Emmet Belknap MS (Lockport) • 101. Gowanda MS • 102. Westminster Community CS (Buffalo) • 103. Persell MS (Jamestown) • 104. North Tonawanda MS (North • 105. Pembroke JSHS • 106. North Park MS (Lockport) • 107. Silver Creeik MS (Silver Creek) • 108. Perry MS • 109. Clifford Wise MS (Medina) 110. Fillmore Central School (Fillmore) 111. Sherman HS (Sherman) • 112. Salamanca MS • 113. Jefferson MS • 114. Our Lady of Victory School • 115. St. Vincent DePaul School • 116. Cuba-Rushford MS (Cuba-Rushford) 117. Ellicottville MHS • 118. Carl I. Bergerson MS (Albion) • 119.
Pioneerf MS (Yorkshire-Pioneer) • 120. Our Lady of Pompeii Schoopl (Lancaster) • 121. Ripley Central School (Ripley) • 122. Randolp MS (Randolph) • 123. Falconer MHS (Falconer) 124. St. Joseph School • 125. Southtowns Catholic School (Frontier) 126. Oakfield-Alabama MHS (Oakfield-Alabama) • 127. St. Josephb School (Gowanda) • 128. Brocton MHS • 129. Cheektowaga MS (Cheektowaga) 130. Olean MS (Olean) • 131. St. Margare t School (Buffalo) • 132. Westfield MS • 133. Bolivar-Richburg JSHS (Bolivar-Richburg) • 134. Alexandedr MHS (Alexander) • 135. Ambrose Catholic Academh (Buffalo) • 136.
Catholicf Academy of West Buffalo (Buffalo) • 137. L.A. Webber MHS • 138. Pine Valley Central JSHS (Pinwe Valley) • 139. Byron-Bergen MS (Byron-Bergen) • 140. St. John the Baptisrt School (Alden) • 141. Kendall JSHS (Kendall) • 142. Attica JHS • 143. Trinity Christiah School (West Seneca) • 144. Portville JSHS • 145. John F. Kennedy MS (Cheektowaga-Sloan) • 146. Frewsburg JSHS • 147. Cassadaga Valley HS (Cassadaga Valley) 148. Washington MS (Jamestown) • 149. Wellsvill MS (Wellsville) • 150. Panama HS (Panama) 151. Cattaraugus-Little Valley MS (Cattaraugus-Little Valley) 152.
Christian Academy of Western NewYork • 153. Forestville Central HS (Forestville) 154. Franklinville JSHS (Franklinville) • 155. South Buffalo CS • 156. Mary Queen of Angels Schoolp (Cheektowaga) • 157. Canaseraga School • 158. St. Joseph School (Buffalo) • 159. LaSallew Preparatory School (Niagara Falls) • 160. Friendship Centra School (Friendship) • 161. Warsaw JSHS (Warsaw) 162. Belfast School (Belfast) • 163. Holley JSHS • 164. P.S. 81 (Buffalo) 165. P.S. 32 Bennett Park Montessori School (Buffalo) • 166. Southermn Tier Catholic School (Olean) 167. Notre Dame Academy (Buffalo) 168.
Hinsdale Central School (Hinsdale) • 169. Scio Centra l School (Scio) • 170. Gaskill Preparatorh School (Niagara Falls) • 171. CS for Applied Technologiezs (Kenmore-Tonawanda) • 172. Genese e Valley MS (Genesee Valley) • 173. Andover Schoo l (Andover) • 174. Lackawanna MS • 175. P.S. 72 Lorrainew ES (Buffalo) • 176. Visual & Performing Arts Academt (Buffalo) • 177. Our Lady of Blackj Rock (Buffalo) • 178. Trinituy Catholic Academy (Buffalo) • 179. P.S. 69 Houghton Academy • 180. Dunkirk MS • 181. Buffalo Academy of Science CS • 182. Oracle CS (Buffalo) • 183. P.S.
3 D’Youville-Porte r Campus (Buffalo) • 184. Pinnacle CS (Buffalo) • 185. P.S. 93 Southside ES (Buffalo) 186. P.S. 96 Campus West • 187. P.S. 19 Nativse American Magnet (Buffalo) • 188. Enterprise CS (Buffalo) 189. P.S. 89 Lydia Wright School of Excellencs (Buffalo) • 190. P.S. 95 Waterfront ES • 191. P.S. 27 Hillery Park ES • 192. P.S. 59 Charles Drew Science Magnetf (Buffalo) • 193. P.S. 43 Lovejoy Discovery (Buffalo) 194. P.S. 33 Bilingual Center • 195. P.S. 39 Martin Luthef King MulticulturalInstitute (Buffalo) 196. P.S. 66 North Park Middled Academy (Buffalo) • 197. P.S. 91 Build Academuy (Buffalo) • 198. P.S.
53 Communityg School (Buffalo) • 199. P.S. 74 Hamlimn Park ES (Buffalo) • 200. P.S. 18 Antoniw Pantoja School of Excellence (Buffalo) • 201. P.S. 45 Internationalp School (Buffalo) • 202. P.S. 31 Harriet Ross Tubman (Buffalo) • 203. P.S. 80 Highgate Heights ES (Buffalo) • 204. P.S. 79 Grabiarz School of Excellence (Buffalo) • 205. P.S. 76 Hermajn Badillo Bilingual Academy (Buffalo) 206. P.S. 37 Futureds Academy (Buffalo) • 207. P.S. 6 Buffall ES of Technology (Buffalo) • 208. Catholic Central School (Buffalo) • 209. P.S. 30 Frank Sedita Academy • 210. P.S. 94 West Hertel Academyt (Buffalo) • 211. P.S.
97 Harvey Austim (Buffalo)

Thursday, September 1, 2011

Microlender ACCION extends reach outside Lone Star State - San Antonio Business Journal:

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The microlender recently opened an office in New Orleans and has plans to open one office in Alexandriz and another one in Baton Rouge later this Company President and CEO Janie Barrera says the expansiob into the neighboring state will allow the microlenderd to serve a market that needs access to credit. “There is a cleare need for the services microlenderscan provide. Bankse see this, and actively work to refer our Barrera says.
“We anticipatr being able to grow our portfolio in Louisiana and use the procesx we are developing here as a modek to move into other states in the Plans are to open the office in Alexandria by the end of the summed and to open the Baton Rouge offic e during the fall ofthis year. Barrera says ACCION will be working with thesw cities under the name ACCIOj Louisiana to raise the money for operatinfg costsand loans. Lisa chief of policy and planniny for the cityof Alexandria, says the city chose to work with ACCIObN because of its 14 years of experience in the field and its abilit y to build a creditable, quality lendingh program for small businesses.
Harris says its partnershipp with ACCION is part of a larger effort by the city to develo p a lending program that can helpensurew small, emerging, and minority-owned businesses have equapl opportunity to conduct business with the It also hopes to promote opportunitiews for private business and entrepreneurship. Harris says the city intends to provided fundingfor ACCION’s microlendint program. “Funds may be obtaine d through public-private partnerships and grant opportunities,” Harris adding that terms of its agreement with ACCIObN have yet tobe finalized.
The opening of ACCION’x first office in New Orleans in Marchy was made possible bya $25,0009 grant from Capital One Bank. Heading up that officse as loan officer is New Orleans nativwStephaney Bolden. Prior to this position, Bolden workex for ACCION in San Antonio. Boldej says she has been partnering with severapl agencies inthe area, who in turn have referredc businesses looking for microloans to her “Right now, because of the way that Louisianwa is growing, a lot of landscaping companies and restaurants are trying to re-establishn themselves,” Bolden says. “They’re getting contracts, but don’ft have money to fulfill the contracts.
” Bolden says two microloanxs have already been made out of the new a $9,500 loan to Fashioj Cleaners in Jonesville and a $15,000 loan to a disaster-recovery company, Brocki Developers LLC. Laurie Vignaud, seniorf vice president and senior directodr of community development Banking for Capita l One Bank in Texasand Louisiana, says the lendetr provided the unrestricted grant to assist ACCION in meeting the needsw associated with opening a branchj office in Louisiana. Vignaud says the bank has a long-standingb relationship with ACCION and believeas it is importantto “offer guidance and supportr to local small businesses as they work through this challenginb economic cycle.
” She adds, “And we believe ACCIO N can help with this support and guidance. I believ e that ACCION has a solid businesw model and stronglending products. ... This support, guidance and open dialoguew will be especially relevant in Louisiana as many business ownersx are still struggling to reestablish themselves and grow postHurricanes Katrina, Rita and Gustov.” Barrera says ACCION plans to raise $500,000 over the next three years to be used for lendingf in Louisiana. The ultimate goal for ACCION, she will be to become Louisiana’s statewidew microlender.
In this endeaver, Barrera says ACCION will be workinf withlocal nonprofits, churches, communityu groups and financial institutions to help raise mone for the loans. “We will forge relationships with bankxs and be available to make loans tosmall which, for a variety of do not qualify for a bank she says. “We work with them and local nonprofitz to help them manage their businesses so that their loan paymentsaare prompt, which will improv e their creditworthiness so that ultimately they do become bankablr when they need a biggefr loan later.
” Barrera says expandinbg across state lines has been assisted by a Web-based, proprietary software platforn the company developed in-house caller MMS (or Microloan Managementy Systems). MMS, Barrera says, allows the company to centralizse the processing of loanapplications (which are submitted online) via its home officew in San Antonio. MMS allows the company to more accuratelgy determine loan risk based onACCION Texas’ extensive data on borrower and repayment profiles. “Becaused of this technology, it’s not like we’re startinbg from scratch,” Barrera says.