National Development Council (India)

Umpqua Bank contributes $15.5 million to Washington's Small Business Flex Fund

Retrieved on: 
Wednesday, January 19, 2022
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OLYMPIA, Wash., Jan. 19, 2022 /PRNewswire/ -- The Small Business Flex Fund announced today that it has received $15.5 million in committed capital from Umpqua Bank.

Key Points: 
  • OLYMPIA, Wash., Jan. 19, 2022 /PRNewswire/ -- The Small Business Flex Fund announced today that it has received $15.5 million in committed capital from Umpqua Bank.
  • It began with a $30 million contribution from the Washington State Department of Commerce and has since raised an additional $55.5 million from Umpqua Bank, Heritage Bank, JPMorgan Chase and WaFd Bank.
  • The Flex Fund works with and through local Community Development Financial Institutions (CDFIs), which serve under-resourced communities and underbanked businesses the Small Business Flex Fund aims to help.
  • The Small Business Flex Fund provides access to flexible, low-interest loans and business support services to small businesses and nonprofits across Washington.

Post-Pandemic: After Gogoro, These Could Be the Next Taiwanese Startups on NASDAQ

Retrieved on: 
Friday, November 26, 2021
CONNECT, Cloud, CEO, Tourism, App store optimization, Technology, Software as a service, Link, Global Competitiveness Report, Pinkoi, IPO, Creativity, Solution, COVID-19, SBI Group, National Development Council (India), Software, NFT, World Economic Forum, Internet, National Development Council, NASDAQ, PDF, Travel, Growth, Ridesharing company, Cryptocurrency

From the United States and the UK to Japan and Taiwan, the number of startups has notably increased following the pandemic, as economic structures have been reshuffled.

Key Points: 
  • From the United States and the UK to Japan and Taiwan, the number of startups has notably increased following the pandemic, as economic structures have been reshuffled.
  • Crucial to the Startup Island Taiwan brand is the "Next Big" project under which nine Taiwanese companies have been selected by the National Development Council, in conjunction with Taiwan's industry leaders, to spearhead the overseas expansion of Taiwanese startups.
  • Gogoro, a leading e-scooter company that has just announced its IPO on NASDAQ, is among the nine startups identified, and it is also one of Taiwan's unicorns startups with valuations above $1 billion.
  • Likewise, Kenny Su, founder and CEO of Kdan Mobile, quickly recognized the trend of "paperless office" driven by the pandemic.

2021 Taiwan Innotech Expo Syncs Physical and Online Exhibits, Piloting Innovation Through Both Real and Virtual Environments and Spearheading Taiwan’s Digital Wave

Retrieved on: 
Friday, October 22, 2021
Software, Other Manufacturing, Data Management, Technology, Aerospace, Semiconductor, Manufacturing, Security, Knowledge, Ministry of Defence, Industrial technology, TIE, Research, Small, Australian School of Advanced Medicine, Technology, Industrial Development Bureau, Defense, Invention, Department of Industry, Technology and Regional Development, TSMC, 3D, Exhibition, National Development Council, Ministry, Ministry of National Defense (Republic of China), Small and Medium Enterprise Administration, Digital transformation, Economy, Government, Time, Ministry of Economic Affairs (Taiwan), Industrialisation, MediaTek, United States Department of Defense aerospace vehicle designation, Smart manufacturing, National Development Council (India), Department, Video game, Television

The 2021 Taiwan Innotech Expo held its grand opening on October 14th this year, marking the first year that the Expo integrated both virtual and physical environments to hold three themed expositions online and offline.

Key Points: 
  • The 2021 Taiwan Innotech Expo held its grand opening on October 14th this year, marking the first year that the Expo integrated both virtual and physical environments to hold three themed expositions online and offline.
  • Among them was the Innovation Pilot Pavilion, which focused on innovative technologies implementable in industries within the next 5 years.
  • This 2021 Taiwan Innotech Expo featured 3D exhibits of cutting-edge technologies, technology forums, technology presentations, and other exciting activities every single day until its closing.
  • The 2021 Taiwan Innotech Expo simultaneously held physical and virtual exhibitions on October 14th to reveal new technology and foster commercial discussions both online and offline.

Small Business Flex Fund raises an additional $40 million to support Washington state small businesses

Retrieved on: 
Friday, October 15, 2021
View, Washington State Department of Commerce, JPMorgan Chase, National Development Council (India), Fund, Growth, Washington Federal, Heritage, Community Development Financial Institutions Fund, Multimedia, Face, National Development Council, Commerce, CEO, COO, Community development, Partnership, Heritage Bank, COVID-19, Renewable energy, Bank

The Small Business Flex Fund provides access to flexible, low-interest loans to businesses and nonprofits in WA State.

Key Points: 
  • The Small Business Flex Fund provides access to flexible, low-interest loans to businesses and nonprofits in WA State.
  • Bryan McDonald, President & COO of Heritage Bank said, "Programs like the Small Business Flex Fund are crucial to the small businesses in Washington state.
  • The Flex Fund aims to raise $100 million to continue to support the recovery of small businesses and nonprofits throughout the state.
  • The Small Business Flex Fund provides access to flexible, low-interest loans and business support services to small businesses and nonprofits across Washington.