Access Media 3

Serengeti Asset Management and Life Capital Partners Sign with Half of the Clubs in the Brazilian Championship to Purchase a 20% Interest in their Media and Commercial Rights

Retrieved on: 
Thursday, July 6, 2023

Under the agreements, the investor group will purchase a 20% stake in the media and commercial rights of the participating teams for fifty (50) years, starting in 2025.

Key Points: 
  • Under the agreements, the investor group will purchase a 20% stake in the media and commercial rights of the participating teams for fifty (50) years, starting in 2025.
  • The agreements have attracted significant interest from across the Brazilian football landscape because it offers a balanced distribution of revenues amongst the clubs."
  • Under the RPAs, the media and commercial rights will be professionally managed to maximize their value for the participating clubs and all stakeholders.
  • The consolidation and strategic promotion of the collective media and commercial rights should lead to a substantial increase in the value of our participating clubs.

National Nonprofit, Founders First CDC, Awards $100,000 to Southern California Businesses

Retrieved on: 
Thursday, December 15, 2022

SAN DIEGO, Dec. 15, 2022 /PRNewswire-PRWeb/ -- Founders First CDC, a national 501(c)(3) non-profit organization that empowers expansion in diverse, founder-led, revenue-generating businesses, announced the winners of its new Job Creators Quest Grant today during a virtual press conference. More than 1,500 Southern California businesses applied for the grants and 30 recipients were selected, with minority and underrepresented business owners receiving $100,000, collectively in cash and full tuition scholarships to a Founders First CDC Business Accelerator Program. The grant recipients were selected from throughout the Southern California region, including Los Angeles, Orange County, Riverside, San Bernardino, Imperial, and San Diego regions, serving a variety of industries – from construction and manufacturing to STEM and healthcare, to hospitality, and more.

Key Points: 
  • More than 1,500 Southern California businesses applied for the grants and 30 recipients were selected, with minority and underrepresented business owners receiving $100,000, collectively in cash and full tuition scholarships to a Founders First CDC Business Accelerator Program.
  • "This is why we created the Southern California Job Creators Grant.
  • "Small Business Majority is honored to partner with Founders First Job Creators on the announcement of the SoCal Job Creators Quest Grant," said Jessica Anguiano, Southern California Outreach Manager, Small Business Majority.
  • We are happy to support this grant guaranteed to change the lives of 30 diverse-led small businesses in Southern California."