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Companies must be less than five years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. See onegeorgia.org/programs/esb.
Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. It took a federal bailout and the acquisition of Chrysler by Italy’s Fiat to keep the third-largest U.S. automaker from going the way of the dinosaurs. Names Innovation Hubs.
Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.
Massive solar-power facilities have come online in the California desert; forests of wind turbines have been hooked up to grids in Iowa and West Texas. In addition to providing equity, CI’s team works with each pre-seed company to offer advice, support and introductions to powerful connections that help develop a commercially viable business.
She’s part of various internal groups within the organization, including the Diversity, Equity, and Inclusion committee, and notably a board member on both the Connecting Women and Building PRIDE affinity groups. . In addition to overseeing projects, Katy is highly involved in initiatives that promote social good.
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