Wednesday, August 16, 2017 Irvine, Calif. (Aug. 16, 2017) – The Irvine Police Department is seeking the public’s help in identifying a female suspect who stole baby formula from Target stores across Orange County, including
Every year the U.S. Small Business Administration (SBA) celebrates National Small Business Week (NSBW) with a series of events and an awards ceremony in recognition of the small business community’s contribution to the American Economy and society.
Throughout Small Business Week, the U.S. Small Business Administration, Los Angeles District Office, in conjunction with public- and private-sector small business supporters, will host special events to honor local entrepreneurs and those who support and champion small business.
“National Small Business Week helps to spotlight small business champions who think big, take risks and work hard to achieve the ‘American Dream,’ all while creating jobs and building up the economy,” said SBA Los Angeles District, District Director, Victor Parker.
This is an excellent opportunity for entrepreneurs, bankers, chambers of commerce and other community organizations to promote small businesses, their clients and their employees.
During NSBW, the SBA will recognize honorees in the following categories:
(Click on the titles for additional information)
The U.S. Small Business Administration today announced the launch of the 2017 InnovateHER: Innovating for Women Business Challenge, a nationwide business competition to drive attention and resources to innovative products and services that make our lives easier and longer. Competitors vie for $70,000 in prize money provided to SBA for the InnovateHER competition through a gift from the Sara Blakely Foundation.
“The return of SBA’s InnovateHER Business Challenge presents an exciting opportunity for some of our nation’s foremost entrepreneurs and innovators,” saidSBA Administrator Maria Contreras-Sweet. “Women represent half of the U.S. workforce and control 80 percent of the nation’s purchasing power, but still make up less than five percent of venture capitalists.
I decided to launch this annual competition two years ago so that we could begin to address that opportunity gap, because when women have an equal role in the marketplace and are able to chart their own paths, our nation as a whole is stronger and more globally competitive.”
The number of women venture capital partners has dropped from 10 percent in 1999 to just six percent in 2014, a trend directly correlated to women’s access to capital; only about seven percent of venture capital funding in the United States currently goes to women-owned ventures. Gender bias is well documented in this area: a Harvard Business School study asked potential investors to rate a series of pitches, some of which were narrated by women and some by men. Even when the scripts were exactly the same, only 32 percent of people said they would fund the woman, compared to 68 percent who said they would fund the man.
InnovateHER: Innovating for Women Business Challenge officially kicks off in winter of 2017 with local competitions to be hosted by universities, accelerators, clusters, scale-up communities, SBA resource partners, and other economic development organizations. Through the competition, SBA is seeking to amplify products or services that fill a need in the marketplace and have the potential for commercialization. SBA continues in its efforts to expand the InnovateHER Challenge, focusing on empowering more women in the investment and innovation space. Additional details on the InnovateHER can be found on the online competition platform www.challenge.gov.
Contreras-Sweet added: “Now in its third year, InnovateHER continues to make women a bigger part of the conversations around innovation and investment, helping entrepreneurs realize the empowerment and self-sufficiency that can come from advancing ideas and products that tap into new market opportunities. We continue to recognize and support these visionaries who dare to innovate, take risks, create and transform the marketplace for the better.”
Entrepreneurs selected as winners in local competitions will advance to the semi-final round. From the pool of semi-finalists, SBA will select up to 10 finalists who will be invited to the National InnovateHER: Innovating for Women Business Challenge to be held in mid-2017. The finalists will pitch their products and ideas to a panel of expert judges and compete for the top three awards along with $70,000 in prizes.
Over the past two decades, women entrepreneurs have been critical to growing businesses and creating jobs in cutting-edge fields such as precision medicine or cybersecurity, as well as through advances in agriculture and manufacturing. Women across the nation will benefit from investing in research and inventions that impact their experiences. A lack of inclusion in the innovation space leads to missed opportunities, especially when women make the majority of the buying decisions. The SBA is encouraging organizations across the country to participate in this important business challenge.
For more information including competition rules, click here.
SBA’s acceptance of this gift from the Sara Blakely Foundation does not constitute an endorsement of the views, opinions, products or services of the donor or any other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made if requested at least two weeks in advance.
The Greater Irvine Chamber’s International Development Committee (IDC) led an exploratory Foreign Direct Investment (FDI) delegation on a mission to the United Kingdom the week of February 13-17, 2017.
Marv Sepe, COO of CTC Global and Leigh Volkland, senior director of Government Affairs, co-chairs of the IDC, worked with Chamber leadership and the business community to launch this initiative. The goal of the mission is to identify and encourage U.K.-based life science companies to invest in Irvine/Orange County by re-location, expansion, research and development, or startup partnerships.
Two full days of meetings in London, one full day in Cambridge and one full day in Manchester included a power-packed schedule of meetings, events, and forums with over 75 life science organizations, life science corporate park tenants, and individual companies interested in Irvine/Orange County or considering doing business on the West Coast. A concluding reception was hosted for more than 80 companies and organizations at the Tower Bridge Glass Walkway on February 16.
The delegation included prominent leaders among the business community Leigh Volkland, Edwards Lifesciences; Bill Carpou, OCTANe; Kate Klimow, UCI; Jason Lantgen, Jones Lang LaSalle; Lynn Stewart, Center for International Trade Development, and Linda DiMario and Diana Le of the Greater Irvine Chamber of Commerce. The delegation’s ambitious itinerary and schedule of meetings was supported on the ground by OCO Global, the U.S. Embassy, U.S. Commercial Service, Select U.S.A., Greater Manchester Chamber of Commerce, One Nucleus, and the London offices of K & L Gates.
Intensive and customized follow-up with more than 20 companies looking to establish a business relationship or presence in Irvine is now underway. Qualified prospects and influencers will be invited to an Irvine Showcase in October wrapped around OCTANe’s Medical Technology Innovation Forum.
Photo: Delegation members, left to right:
- Jason Lantgen, Vice President and Market Lead for Technology and Life Sciences practice group at Jones Lang LaSalle Orange County
- Kate Klimow, Associate Vice Chancellor and Chief of Staff, Strategic Communications & Public Affairs for UCI
- Leigh Volkland, Senior Director, Government Affairs for Edwards Lifesciences
- Lynn Stewart, Director, Center for International Trade Development
- Bill Carpou, President & CEO, OCTANe
- Linda DiMario, VP of Economic Development & Tourism, Greater Irvine Chamber of Commerce
- Diana Le, Manager of Business & International Development, Greater Irvine Chamber of Commerce
- Colin McCullagh, Director UK & Ireland, OCO Global
President Trump on April 18 signed an Executive Order (E.O.) intended, in the words of a senior administration official, to “usher in a new, more muscular Buy American policy based on the twin pillars of maximizing Made in America content and minimizing waivers and exceptions to Buy American laws.”
The new E.O. will likely impact companies selling or planning to sell to the federal government.
By way of background, those selling to the government are often governed by either the Buy American Act (“BAA”) or the Trade Agreements Act of 1979 (“TAA”). The BAA establishes a preference for domestically-manufactured goods in government procurements. It provides that “only such unmanufactured articles . . . mined or produced in the United States, and only such manufactured articles . . . as have been manufactured in the United States substantially all from [domestic materials] . . . shall be acquired for public use,” unless it is determined to be inconsistent with the public interest, or the cost to the government would be unreasonable. Similarly, a domestic “end product” is generally either an unmanufactured end product mined or produced in the U.S. or an end product manufactured in the U.S. for which the cost of its components mined, produced, or manufactured in the U.S. exceed 50 percent of the cost of all components (although this cost requirement may be waived for certain “commercial off-the-shelf” items).
Under the TAA, which controls most procurements above designated threshold amounts, the government waives the Buy American Act and other discriminatory provisions for eligible products from certain countries (called “designated countries”) that have signed the World Trade Organization Government Procurement Agreement and who grant the United States reciprocal procurement opportunities. Products of these countries may be supplied to the U.S. government under federal procurements instead of U.S. goods.
In addition, products of certain other countries to which the United States has given preferential tariff treatment (such as the Caribbean Basin countries, Mexico, Australia, Chile, Morocco, Singapore, and several African nations) are likewise exempted. For these procurements, the government applies a more liberal TAA definition of “country of origin” and does not follow the Buy American Act “domestic end product” analysis. Per the TAA, a product’s country of origin is the place where the end product is substantially transformed into a new and different article of commerce with a name, character, or use distinct from that of the article(s) from which it was transformed; the government does not directly consider the value of the product’s components.
The order now puts in motion, over the next 150 days, a comprehensive top-to-bottom “Buy American” performance review by each federal agency, including an assessment of the agency’s use of waivers and exceptions to “Buy American” requirements.
The review may also include an analysis and more restrictive interpretation of “substantial transformation” determinations under the TAA – which are already subjective by their very nature. In addition, a stricter enforcement posture in this area will likely result in additional scrutiny (including audits) of BAA/TAA certifications provided by suppliers under government contracts.
The bottom line is that if your company is currently supplying goods directly to the federal government, or has issued BAA/TAA certifications based upon a request from its customers, it should conduct a thorough review of the basis for such certifications and prepare for likely increased enforcement activity in this area. It also should conduct training to those individuals/offices involved in government procurement regarding BAA/TAA requirements.
Pisani & Roll LLP can assist in conducting such reviews, defending against enforcement, and providing training, as needed. For further information, please contact Brett Harris at email@example.com or 1-845-255-1850.
We are is continuing to monitor trade policy changes and will update our clients and friends of the firm as events warrant. In the meantime, if you have any questions about the potential changes in trade policy, please email firstname.lastname@example.org.
(Source: Pisani & Roll LLP Attoneys at Law)
15 Facts about the Irvine Unified School District
IUSD remains at the vanguard of the “green schools” movement. In addition to generating hundreds of thousands of dollars in savings on utility bills through staff conservation efforts, the district has promoted environmentally friendly construction and diverted thousands of tons of construction debris to recyclers for reuse.