North County Business Briefs, Feb. 19: Free Senior Expo in Encinitas; SCORE workshops; NCAAWA women’s conference

North County Business Briefs, Feb. 19: Free Senior Expo in Encinitas; SCORE workshops; NCAAWA women’s conference

ENCINITAS Free Senior Expo takes place Saturday The Encinitas Chamber of Commerce hosts its Senior Expo, “Embracing Retirement,” from 9 a.m. to 1 p.m. Saturday at the Encinitas Community and Senior Center, 1140 Oakcrest Park Drive. The free event is open to the public and will offer information to those retiring soon, those who are retired, and families of aging individuals, all of whom might need a little help navigating retirement. Exhibitors include health care providers, housing options, senior lifestyle businesses, fitness and wellness organizations, government agencies, and financial, insurance and tax services. Activities include opportunity drawings, refreshments and a breakfast hosted by the Encinitas Rotary’s Home Team, a free community service for seniors having a difficult time with common household repairs. Visit encinitaschamber.com/seniorexpo or call (760) 753-6041. New board president for Leucadia group Brad Hanson Brad Hanson has been appointed as the new board president of the nonprofit Leucadia 101 Mainstreet Association. Hanson will serve as a liaison between Leucadia 101 Mainstreet Executive Director Brittany Corrales and the Leucadia 101 Mainstreet board of directors, oversee execution of the annual plan, assist with day-to-day activities and help manage the Leucadia 101 Farmers Market. A retired certified public accountant, he […]

Downtown Portland businesses persevere despite years of challenges

Downtown Portland businesses persevere despite years of challenges

Since the shutdown in March 2020, some have even thrived. Portland, seen from Pittock Mansion, June 8, 2021. Portland small business owners who managed to make it through the pandemic are still facing challenges — from break-ins to neighborhood changes, to stressed-out clients. Sarah Shaoul runs Bricks Need Mortar , a small business support organization. She’s been surveying businesses since the first pandemic shutdown of March 2020, and periodically ever since. She told “Think Out Loud” well over half of the more than a hundred businesses that responded to her latest survey reported that they had experienced vandalism, break-ins or both in the last 12 months. “They’ve made it through all these crazy challenges from worker shortages to supply chain issues, and this is just something completely out of their control, and it’s pretty demoralizing,” Shaoul said. “If you have to come into work, and you’re all excited about your work day, but then you’re dealing with a broken window and an insurance claim, if you’re gonna go through insurance, it really messes with your mojo, so to speak.” Peter Cho is the chef and owner of restaurants Han Oak and Toki , which he opened in 2021. He […]

Leading in omnichannel retail

Leading in omnichannel retail

Many years ago, when I was a buyer for a prominent national catalog retailer, I was fascinated by an emerging new retailing format of selling online by way of a website on the World Wide Web. I was intrigued by the potential of this new channel for serving consumers and was on the outlook for a role I could play in this new retailing concept. After some time, I was fortunate to land a role as a category manager for Walmart Online, the forebearer of what we today know as Walmart.com. When I informed my employer that I was leaving to join Walmart, our CEO invited me to his office for a meeting. He asked me why I was leaving and about my new role. After I explained my new role and the reasons for leaving, he said, “Scott, you know this whole internet thing is a ‘fad,’ right?” Fast forward to now, and I think all of us in the retailing community can say, with confidence, that e-commerce has turned out not to be a “fad” at all. However, in the following years, e-commerce retailing grew up in separate, specialized siloes, where specialists focused exclusively on growing an […]

Food business program that’s helped South Side staples is looking to train more restaurateurs

Food business program that’s helped South Side staples is looking to train more restaurateurs

Ashlee Rezin/Sun-Times Aisha Murff, owner of Haire’s Gulf Shrimp, makes fried shrimp in the restaurant at 7448 S. Vincennes Ave. in Chatham on the South Side, Friday, Feb. 17, 2023. | Ashlee Rezin/Sun-Times When Aisha Murff suddenly found herself at the helm of a well-known South Side shrimp shack, she hadn’t run a restaurant but knew she’d better learn. Murff, the Los Angeles-born daughter of an actress, became the owner of Haire’s Gulf Shrimp when her husband, Finnie Haire, died in 2021, leaving her a Greater Grand Crossing institution that was decades old and built on a recipe carried over in the Great Migration. “It is literally Black history keeping it going,” Murff said. She signed up for business courses, and the best among them for her new role was the FoodLab Chicago program from the Greater Chatham Initiative economic development group. The FoodLab program aims to grow South Side food businesses by teaching aspects of the industry that owners who got into it more for the food might overlook. Ashlee Rezin/Sun-Times Tamieka Hardy, program manager at the Greater Chatham Initiative’s FoodLab Chicago program, stands in Chatham on the South Side, Friday, Feb. 17, 2023. | Ashlee Rezin/Sun-Times The […]

ServiceNow Reports Growth as Digital Transformation Demand Continues

ServiceNow Reports Growth as Digital Transformation Demand Continues

News ServiceNow logo on a smartphone screen ServiceNow sees demand for converged IT operations and service management capabilities as enterprises focus on the tools that matter. Digital workflow vendor ServiceNow is continuing to grow even as fears of recession and inflation put pressure on IT budgets. ServiceNow reported its fourth quarter and full-year fiscal 2022 financial results on Jan. 25. For the quarter, ServiceNow’s revenue came in at $1.9 billion for a 20% year-over-year gain. Looking at the full-year picture, revenue was reported at $7.2 billion for a 23% gain over fiscal 2021. ServiceNow is perhaps best known as an IT service management (ITSM) platform vendor, though the company has expanded its portfolio in recent years to reach into IT operations management (ITOM), development, observability, and workplace management. In November 2022, ServiceNow announced a series of new capabilities including workplace scenario planning and automated service suggestions for IT operations. The Now Platform , which is ServiceNow’s flagship offering, had its Tokyo milestone update in September 2022, bringing new enterprise asset, supplier, and environmental management capabilities. The suite of capabilities that ServiceNow provides is ideally positioned to help organizations in the current economic environment, according to CEO Bill McDermott. During […]

Tacoma apartment project targeted for opportunity zone investment

Tacoma apartment project targeted for opportunity zone investment

An apartment development planned for downtown Tacoma is getting a financial boost. USG Realty Capital, a Silverdale-based opportunity zone investment company, announced Tuesday it was adding the Market Square Apartments to its Investors Choice OZ investment fund. USG is teaming up with Plus Capital Partners of Bellevue to develop the eight-story, 176-unit project. The companies expect the project to deliver in June 2024. The site is at 1546 Market St., the former site of Vashon Guitar Co. "When looking for our next qualified opportunity zone project to include in our portfolio, the Tacoma submarket stood out as an exceptional area that meets our strict standards," USG founder Greg Genovese said in a news release. "Tacoma has strong fundamentals, with an impressive occupancy rate, rent growth rate and apartment sales volume, all of which have exceeded recent averages.” USG said in the release that its $50 million offering, launched in 2021, has four projects in its portfolio, with investment equity targets ranging from $5 million to $10 million per project. The company cited Tacoma’s growth as well the project site’s access to broadband infrastructure, proximity to Interstate 705 and state Route 509, and the University of Washington Tacoma’s growing campus […]

Facebook Ex-VP: 'Crypto Is the Only Platform Shift Opportunity, Not AI, VR, EV'

Facebook Ex-VP: ‘Crypto Is the Only Platform Shift Opportunity, Not AI, VR, EV’

Cover image via www.youtube.com Sam Lessin, former vice president of product management at Facebook (2010 – 2014), serial entrepreneur and seasoned investor, explains why cryptocurrency is the only "platform shift opportunity" he sees in the 2020s. "AI doesn’t disrupt anything, crypto is a platform shift," Sam Lessin says Mr. Lessin reflects on the concept of the "platform shift," which, he says, is very popular in Silicon Valley. However, the vast majority of "platform shifts" are over-marketed and lack real disruptive power. Crypto is the Only Meaningful Platform Shift Opportunity on the Horizon… not AI, VR/AR, Autonomous / EV, Etc. pic.twitter.com/Vhs04ChhWZ — sam lessin �‍☠️ (@lessin) February 16, 2023 He is certain that the majority of gamechangers are nothing but "big tech moments" that actually fold into existing infrastructure instead of creating new ones. For instance, artificial intelligence (AI) "doesn’t disrupt anything," being yet another product of the cloud computational segment. AI just scales differently and uses more powerful hardware for its development. VR/AR products are too expensive to build; no VR unicorn would be capable to compete with Apple or Microsoft since too much must happen to make it work. As the dust settles, Tesla – let alone other […]

Local artists and creatives invited to information session on grant opportunity

Local artists and creatives invited to information session on grant opportunity

Imperial Valley Home School Academy kindergarten student Z. Gaddis’s bird-like arts and crafts project was shown virtually for the El Centro Elementary School District’s annual Arts Festival, March 29, in El Centro. IMPERIAL – Imperial County artists and cultural professionals are encouraged to attend an informational session discussing the opportunity for multiple people to receive approximately $33,333 in state grant funding, to develop and implement media, outreach, and engagement campaigns that increase public awareness on specific regional issues, according to a recent press release. The Far South/Border North: Artists and Cultural Practitioners in Community (FSBN) grant will hold a discussion session on Thursday, March 9th at 6 p.m. inside the Imperial Valley Food Bank’s Community Rooms located at 486 West Aten Road in Imperial. “Applicants are highly encouraged to attend information sessions organized by the FSBN partners before submitting applications,” the FSBN grant guidelines stated in the release. FSBN is a program developed by the city of San Diego in collaboration with Catalyst of San Diego & Imperial Counties, the San Diego Foundation, and the San Diego Regional Arts and Culture Coalition. FSBN is designed to provide artists and cultural practitioners opportunities to develop and implement media, outreach, and […]

ADC Applauds Senator Gillibrand for Reintroducing the “Dairy Pricing Opportunity Act”

ADC Applauds Senator Gillibrand for Reintroducing the “Dairy Pricing Opportunity Act”

GREEN BAY, Wis. — The American Dairy Coalition applauds Senator Kirsten Gillibrand (D-NY) for the dairy priorities she has announced ahead of the upcoming 2023 Farm Bill negotiations, especially her plan to reintroduce the Dairy Pricing Opportunity Act. Senator Gillibrand first introduced the Dairy Pricing Opportunity Act in 2021 with Senators Leahy (D-VT) and Collins (R-ME). The introduction of this bill was a direct result of Senator Gillibrand’s 2021 Senate Agriculture Subcommittee hearing on modernizing milk pricing and the FMMO system and has paved the way for critical discussions surrounding FMMO reform in not just Class I pricing, but potentially other areas as well. Specifically, the Dairy Pricing Opportunity Act requires the Secretary of Agriculture to initiate the process of holding FMMO hearings within six months on “the views and proposals of producers and the dairy industry on Class I skim milk price, including the ‘higher of’ formula… and any other views and proposals on the Class I skim milk price, and such other matters as the Secretary of Agriculture considers appropriate.” “We are grateful to Senator Gillibrand for her leadership on this important bipartisan legislation to open the Federal Milk Marketing Order (FMMO) hearing process which will empower […]

Camber Creek raises yet another fund for proptech ventures — and it's going creative with this one

Camber Creek raises yet another fund for proptech ventures — and it’s going creative with this one

Rockville-based Camber Creek has closed yet another fund aimed at property technology companies, but this time with different plans for where that money could go. Managing Partner Casey Berman said the firm’s first Opportunity Fund — with oversubscribed capital commitments of more than $100 million — offers a chance for the firm to be more creative than in the past. Some of the new dollars will be reinvested into companies that were part of Camber Creek’s last four funds, but it also offers a chance to back new names "where it’s a unique situation." “It won’t be just the vanilla venture deal, and that could be anything from a secondary situation to a recapitalization of the company,” Berman said in an interview. “It’s hard to predict because we actually created this vehicle just for the very reason of being able to be creative. So, we can talk to the ones that I’ve seen before, but it’s quite likely the deals we’ll do will be things that we have not seen or done before.” This pot, he said, "was born out of our investors’ desire to deploy more capital into the best companies." The current market — with high inflation […]