The ESG Report - Why Sustainability is the Business Opportunity with Richard Blundell

The ESG Report – Why Sustainability is the Business Opportunity with Richard Blundell

My guest on this week’s episode of the ESG Report, Richard Blundell, discusses the risks and opportunities associated with growth in the insurance industry. Richard and I discuss financing a company’s growth by understanding its risks. Business financing is trending towards sustainability, and we explore how companies can access capital by implementing sustainable practices and strategies. A global environmental services and technology See more +

Poland Buy Now Pay Later Business and Investment Opportunities Databook 2023: 75+ KPIs on Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics, 2019-2028

Poland Buy Now Pay Later Business and Investment Opportunities Databook 2023: 75+ KPIs on Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics, 2019-2028

Company Logo Dublin, Feb. 20, 2023 (GLOBE NEWSWIRE) — The "Poland Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q1 2023 Update" report has been added to ResearchAndMarkets.com’s offering. BNPL payments are expected to grow by 23.0% on an annual basis to reach US$1,722.8 million in 2023. The BNPL payment industry in Poland has recorded strong growth over the last four quarters, supported by increased ecommerce penetration. Medium to long term growth story of BNPL industry in Poland remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.6% during 2023-2028. The BNPL Gross Merchandise Value in the country will increase from US$1,400.7 million in 2022 to reach US$3,118.9 million by 2028. This report provides a detailed data centric analysis of Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. It breaks down market opportunity by type of business model, […]

Developer hoping to jumpstart stalled Deep South Studios

Developer hoping to jumpstart stalled Deep South Studios

The developer of Deep South Studios, a stalled movie studio in Algiers, is trying to raise $100 million to finish the project he announced nearly a decade ago. Movie producer Scott Niemeyer–a 30-year veteran whose film credits include the popular “Pitch Perfect” franchise–unveiled plans in 2013 for the ambitious project, which was envisioned, at the time, as the largest full-service film and TV production facility in the south. Scott Niemeyer, who produced Baton Rouge-shot movies "Pitch Perfect" and the in-production "Search Party," is shown here at the Louisiana Film and Entertainment Association event, "Laissez Louisiana Film Rouler" in support of the state’s film industry on May 14, 2013 at Celtic Studios in Baton Rouge. (Photo by Chelsea Brasted, NOLA.com | The Times-Picayune) But only three of the 11 buildings planned for the site were ever constructed. And Deep South’s only full-time tenant, a lighting and equipment company that opened in 2018, closed during the pandemic. Still, Niemeyer is optimistic that a recent uptick in local productions will create sufficient demand to interest investors in his project. “Deep South Studios will address Louisiana’s under-served, yet highly lucrative film and television production market,” said Brian Hosey, a vice president with Marcus […]

Business News – Kennebunk Savings donations reach $1.8 million in 2022

Business News – Kennebunk Savings donations reach $1.8 million in 2022

The Kennebunk Savings Community Promise annual giving program is looking back on the year in donations to local nonprofit organizations; in 2022, contributions totaled $1.8 million, with 362 groups receiving funds. According to a Feb. 15 news release, “The Community Promise is a source of pride for the mutually-owned bank and its employees.” Kennebunk Savings’ employees Jess Owens and Nancy Caron volunteer at a Special Surfers event. Courtesy photo “We see our communities as our stockholders,” said Bradford C. Paige, president and CEO. “The Community Promise is central to our purpose and it is part of our identity to be as involved as we are.” Among the bank’s donations was a season-long sponsorship of the New Hampshire Theatre Project, a community-minded arts nonprofit in Portsmouth, New Hampshire’s West End. “The Kennebunk Savings Season Sponsorship is invaluable to New Hampshire Theatre Project,” said Genevieve Aichele, the theatre group’s executive director, in the email. “Ticket fees only cover 30 percent of a production’s cost, even less now with audiences slow to return after COVID. Without sponsors like Kennebunk Savings, we could never produce the high-quality, thought-provoking performances for which New Hampshire Theatre Project is known.” The bank’s donation also underwrites the […]

National tech layoffs could create opportunity in Indiana

National tech layoffs could create opportunity in Indiana

Elevate Ventures CEO Christopher Day and TechPoint CEO Ting Gootee (IIB Photo) INDIANAPOLIS – From Amazon to Microsoft to Twitter and many others, tech companies nationwide have announced more than 200,000 layoffs since the start of the year. But is a different story emerging in Indiana? More than 130 Hoosier tech companies reported $441 million in capital investment last year, the second highest number since Indianapolis-based TechPoint began publicly tracking those numbers, and several tech companies have already landed big funding rounds in 2023. TechPoint CEO Ting Gootee and Indy-based Elevate Ventures CEO Christopher Day appeared on Inside INdiana Business with Gerry Dick to talk about the state of the Hoosier tech sector. Gootee said despite the number of tech layoffs nationwide, Indiana has a much better outlook. “Indiana, based on the numbers we’re tracking, the tech workforce demand is still outstripping supply by a factor of two,” Gootee said. “And we’re also actively in conversations with roughly 200 tech employers in our state, ranging from startups to big companies, and less than 8% of them have conducted layoffs.” Day said the national situation creates an opportunity for Indiana tech firms looking for talent. “That talent has, as we […]

Why creative problem solving is the secret ingredient to overcoming business challenges

Why creative problem solving is the secret ingredient to overcoming business challenges

Four strategies to develop your problem solving skills and become an expert at navigating challenging situations at your dealership One of the more pressing issues facing dealerships today is navigating the numerous challenges they face, including changing consumer behavior, new OEM agreements, rising competition, and technological disruption. So, it’s understandable that dealership owners and managers might be concerned about meeting these challenges. However, here’s something to help you confidently lift your head toward the future: The key to overcoming these challenges is through creative problem-solving, which requires a willingness to confront complex issues, take calculated risks, and think outside the box. Yes, it sounds cliche, but it’s true. So, let’s look at ways to you can develop a new paradigm. Move from Comfortable to Uncomfortable Ask anyone around you if they would rather live a comfortable or uncomfortable life, and most will choose to stay in a comfortable zone—every day. It’s part of our human makeup. But, creative problem-solving involves a shift in mindset from living a comfortable and fixed business cycle to an uncomfortable but growth-oriented cycle. Rather than seeing challenges as insurmountable obstacles, dealerships should lean into those uncomfortable challenges and see them as opportunities for growth […]

Briefs: Mid-Ohio ESC Business Advisory Council wins state honor

Briefs: Mid-Ohio ESC Business Advisory Council wins state honor

Bucyrus Telegraph-Forum Statewide award recognizes Mid-Ohio ESC for its career readiness efforts MANSFIELD — The Mid-Ohio ESC was recently awarded a 2023 Business-Education Leader Award for Excellent Business Advisory Councils by the Ohio Department of Education in collaboration with Lt. Gov. Jon Husted. The Business-Education Leader Awards for Excellent Business Advisory Councils recognize two, three and four star-rated Business Advisory Councils throughout the State of Ohio for their exceptional work building strong partnerships to instill professional skills for future careers and coordinating experiences for students. Mid-Ohio’s Business Advisory Council convenes education and business leaders to engage in dialogue, build trust and identify strategies that transform the student learning experience. It is Mid-Ohio’s goal that the ongoing, intentional collaboration will result in a more responsive education system based on regional economic drivers and needs and the expansion of locally focused career readiness learning experiences for students. The activities provided by the Ready for Hire after-school and summer learning program, a collaboration with the SPARC Council, is an example of such an activity. This program is funded by two grants, designed in alignment with Business Advisory Council Quality Practices, ensuring that students can participate in environments that allow them to develop […]

Personal View: Creating the 'Milan of the Midwest' through the Design Business Accelerator

Personal View: Creating the ‘Milan of the Midwest’ through the Design Business Accelerator

Judson A. Kline Architect William McDonough in his book "Cradle to Cradle, Remaking the Way We Make Things," stated the importance of the idea that "design is the first signal of human intent." It simply clarifies our aspiration for the impact that design has on our lives and community. It can be the economic game changer contributing to the success of our region. Reimagining Northeast Ohio as the "Milan of the Midwest" through a Design Business Accelerator will contribute to a more robust creative product development environment in the region where local organizations will be able to increase capacity to produce and manufacture their designs, attract and retain talent, and become better global competitors. Imagine Cleveland utilizing its cultural, academic and not-for-profit institutions along with its existing vibrant design culture and creative manufacturers to become engaged on an international level with other great design centers of the world such as Milan, Stockholm, Paris, Seoul, Shenzhen, Tokyo, Chicago, San Francisco or Detroit. To do this, we need to populate a "District of Design," attracting great international creative organizations in the fields of product, automotive, graphic, industrial, biotech, interior, architectural, furnishings, advertising, materials, theater and fashion design. Therefore, producing a strategy […]

Viewpoint: Sending out a small business SOS

Viewpoint: Sending out a small business SOS

Almost every day, we are seeing another Instagram or Facebook post from a local business announcing they are closing. Cue the post mortem conversations, the blame, the theories, the sideline commentary from self-appointed experts and, of course, the popular scapegoats Worcester loves to blame. We’re not talking about what’s really going on, and it leads to the pointing of fingers and inaccurate theories instead of factual conversations. I don’t pretend to be the voice of small businesses; but I am a voice, and I’m telling you what I see. What’s happening is complicated and not caused by any one big reason. I wish it were that simple. Jessica Walsh My businesses survived 2020, but the long-term effects are coming into focus. Costs have doubled on almost everything, shipping costs have skyrocketed, consumers are spending less, businesses are spending more with less return, supply chains remain delayed, changes are happening citywide, old ways of thinking dominate, and deferred loan payments are coming due. These are just a few of the issues we navigate. Our suppliers have the same struggles and are going out of business, sometimes with the money we paid them for services never rendered. Costs are not being […]

What tech companies like about downtown Worcester

What tech companies like about downtown Worcester

Helder Machado of Machado Consulting was an early adopter among this wave of tech companies downtown. With its historic buildings lining Main Street and surrounding its common, downtown Worcester has an old feel to it recalling the days when shoppers and workers crowded the sidewalks. Inside of these century-old structures, and some contemporary ones, businesses from one of the most cutting-edge industries – technology – have been setting up shop. They have been drawn to the area by nearby amenities, advantageous location, and access to talent, helping them get the best workers available. With new companies moving in, one of the early adopters of the downtown tech wave would like to see faster internet speeds in the neighborhood, to improve infrastructure for the tech companies in town. Something of a trailblazer, in 2010, Helder Machado moved his IT consulting firm Machado Consulting to the fifth floor of one of those buildings, 32 Franklin St., the former Worcester Chamber of Commerce Building, built in 1925. “I remember telling some of my friends, ‘I’m starting a business, and I’m going to be headquartered in Worcester.’ They laughed,” said Machado, a graduate of Worcester Polytechnic Institute. They suggested he start his business […]