Arabian Post Staff Bahrain has taken significant regulatory steps to create a favorable environment for fintech, including the introduction of a fintech unit at the Central Bank of Bahrain (CBB), a regulatory sandbox, and new regulations for the digitalization of banking and payment services, IMF noted in a report. It said quoting the World Bank Global Fintech Database that Bahrain was already a leader compared to the […]
When it comes to social media, expanding your online presence is a critical strategy for individuals, businesses, and influencers who want to engage with a bigger group of people. This includes increasing the number of followers you have on each of your social media accounts. Even if Instagram is still the most popular network, it is essential to remember that other social media sites can provide opportunities […]
By Satyaki Chakraborty Just four days after the holding of the G 20 summit in New Delhi on September 9 and 10 this year, the G77+ China held its historic summit in Havana on September 15 and 16 and came out with its Havana Declaration which was an unequivocal charter of action for the Global […]
The post Havana Declaration Of G77+China Summit Is A Charter Of Global South In This Decade first appeared on Latest India news, analysis and reports on IPA Newspack.
By Sushil Kutty The international gunning for Narendra Modi is back in fashion. Western media has found in Canadian Prime Minister Justin Trudeau the man to repaint Modi into a corner after 10 years of being in the global spotlight. Many in the West media are convinced this time Modi will not escape retribution notwithstanding […]
The post India-Canada Battle Over Nijjar Killing Threatens To Hit New Delhi’s Diplomacy first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Kumar Shrivastav Recently, the National Payments Corporation of India (NPCI) put out a job opportunity on LinkedIn and invited applications from senior blockchain executives with a proven track record of implementing blockchain projects. NPCI offers various instant payment solutions in collaboration with nearly 250 banking institutions in India. It works under the banking […]
The post Push For Global Approach To Crypto Fizzles Out, Legislation Is A Must Now first appeared on Latest India news, analysis and reports on IPA Newspack.
The robot looks like a human and interacts with people The startup RDI Robots, a manufacturer specializing in autonomous service robots, has unveiled its latest creation: Ardi, a humanoid robot. This project spanned eight months in development. Noteworthy advancements in this new model include a novel servomotor type, an expanded capacity for regulating micro-expressions to convey emotions, the introduction of silicone skin for enhanced elasticity, along […]
Infobip has been recognized for its ability to execute and completeness of vision in the first Gartner Magic Quadrant™ for the Communications Platform as a Service (CPaaS) market KUALA LUMPUR, MALAYSIA – Media OutReach – 21 September 2023 – Global cloud communications platform Infobip has been named a Leader in the Communications Platform as a Service (CPaaS) market by analyst firm Gartner. In the first Gartner Magic […]
TAIPEI, TAIWAN – Media OutReach – 21 September 2023 – Taiwan Creative Content Fest (TCCF) 2023 kicks off its largest edition to date this November 7th and, for the first time, the festival organized by Taiwan Creative Content Agency (TAICCA) welcomes international works into its PITCHING section. Of the record -breaking 539 submitted projects from 29 regions such as Taiwan, Japan, South Korea, Indonesia, Singapore, Iran, France […]
BANGKOK, THAILAND – Media OutReach – 21 September 2023 – KASIKORN Business-Technology Group (KBTG), Thailand’s leading tech organization and the technology arm of Kasikornbank, organized “KBTG Techtopia”, a thought-provoking and skill-awakening tech conference. This two-day event (1-2 September 2023) serves as a platform for more than 450 tech enthusiasts and members of various industries to explore the world’s latest trends, learn new things, connect with each other, […]
New roving community exhibit aims to engage persons living with dementia and caregivers through the power of smell and raise dementia awareness SINGAPORE – Media OutReach – 21 September 2023 – The Enabling Festival in Singapore presents a year-long showcase on the sensory power of Smell for persons living with dementia and their caregivers through an interactive and ever-expanding exhibition, entitled Scented Stories. Curated from over 100 […]
In its new report, ‘A turning point for offshore wind’, Allianz Commercial highlights growth opportunities, tech innovations, risk trends, and loss patterns for the global industry. Damage to cables is the top cause of insurance claims, followed by turbine failure. Speed of build-out is creating pressure on materials and supply chains, port infrastructure, and available construction and maintenance vessels. Bigger turbines and new technology drive bigger exposures […]
Chicago-based Venture Firm Gains Approval to Co-Invest in New Jersey’s High-Growth Startups through the NJIEF Program
CHICAGO, IL, UNITED STATES, September 20, 2023/EINPresswire.com/ — EMERGING Fund Management LLC today announced its approval as a Qualified Venture Firm (QVF) by the New Jersey Economic Development Authority (NJEDA) for participation in the New Jersey Innovation Evergreen Fund (NJIEF). This recognition allows EMERGING Fund to leverage up to $12.5 million annually to co-invest in innovative, high-growth businesses based in New Jersey.
EMERGING Fund’s investment are focused on disruptive ventures employing technology to heighten guest experiences, streamline operations, and promote sustainable growth within the restaurant industry. With its strategic engagement, EMERGING Fund offers capital, industry expertise, and a resource network to support their portfolio companies in realizing their ambitious growth objectives.
“Working with NJEDA in this initiative gives us an opportunity to help some of the state’s most promising restaurant and restaurant technology entrepreneurs take their businesses to the next level and simultaneously contribute to building New Jersey’s economy,” said Mathew Focht, General Partner and Founder of EMERGING Fund. “With our capital investment as well as access to a Who’s Who of restaurant industry veterans for strategic advice and mentorship, we can provide critical strategic growth resources for the next generation of businesses in this space.”
The NJIEF, established under the New Jersey Economic Recovery Act (ERA) of 2020 and signed into law by Governor Phil Murphy in 2021, is a groundbreaking initiative enabling the State of New Jersey to become an equity investor in early-stage businesses. With a commitment of up to $300 million, the state collaborates with approved qualified venture firms like EMERGING Fund to co-invest, bringing the total investment potential to $600 million.
The NJIEF’s unique approach to funding, which includes capital raised from the sale of tax credits auctioned in December 2022, aims to bolster the growth of New Jersey’s high-growth businesses. The program has garnered attention from venture firms nationwide, all recognizing New Jersey’s leadership in innovation.
NJEDA Chief Executive Officer Tim Sullivan recently emphasized the state’s dedication to innovation, stating, “The NJIEF offers a unique and responsive solution for getting capital into the hands of the state’s youngest companies while also building on New Jersey’s role as a leader in innovation.”
EMERGING Fund Management LLC joins two other venture capital firms approved in this recent round, bringing the total number of qualified venture firms to ten. Each firm can access the designated funds to co-invest in New Jersey’s most promising startups.
About EMERGING Fund
EMERGING Fund is among the first growth capital funds to pinpoint the explosive convergence of technology, “ResTech,” and restaurant & entertainment concepts. EMERGING Fund provides capital, strategic assistance, and industry knowledge to forward-thinking companies within the sector. With an emphasis on using technology to effect positive change, EMERGING Fund aims to transform the restaurant industry by investing in ventures that re-imagine the guest experience, enhance operational efficiency, and promote sustainability. For more information, visit https://EMERGING.com/fund/
David Bagley
Chief Investment Officer, EMERGING Fund
630-248-4145
email us here
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Karl Escritt If all the recent talk of artificial intelligence’s rapid growth is filling you with a sense of dystopian dread, you might be surprised to learn that AI is already playing a prominent role in our lives. From the first scroll through your social media accounts in the morning to that late-night shopping spree on Amazon, AI is now enmeshed in our everyday routines. Here are […]
In collaboration with the UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) and the ICT Fund, the second phase of Huawei Seeds for the Future 2023 and Tech4Good competition concluded at Waldorf Astoria Dubai International Financial Centre, Dubai, UAE recently. The regional event, which witnessed the participation of 175 students from elite universities across the Middle East and Central Asia, aims to develop local talent, share knowledge, […]
Prime Minister Narendra Modi’s alleged disrespectful remarks in Parliament on Telangana martyrs and their sacrifices are nothing but insulting the state’s existence and self-respect, AICC leader Rahul Gandhi said on Tuesday. In a message posted on X (formerly twitter) in Telugu, Gandhi said, Prime Minister Modi’s disrespecting speech on the martyrs of Telangana and their […]
The post Modi’s Telangana remark an insult: Rahul first appeared on Latest India news, analysis and reports on IPA Newspack.
True Gamers, a worldwide network of eSports clubs, and Christopher Alesund, a world-renowned cybersportsman, organized an educational event for young individuals interested in gaming and cybersport in Dubai recently. The three-hour event included various activities such as an AIM competition in CS:GO, a big public game on joysticks where winners were determined, questions from the audience, and an autograph session with Christopher Alesund. True Gamers aims to […]
Islamic Coin has launched its Reg D Token Offering to the Public with OpenDeal Broker LLC, dba THE CAPITAL R (“ODB”) – a subsidiary of Republic. Islamic Coin (ISLM) token is a digital money that adheres to Shariah principles and emphasizes ethical values. This synergy encompasses support from Republic to showcase Islamic Coin’s market entry strategy. The collaboration also engages Republic Crypto – Republic’s crypto advisory services […]
By K Raveendran The pace at which the India-Canada diplomatic row is deteriorating, manifesting in tit for tat diplomatic expulsions, suggests that Khalistan activist Hardeep Singh Nijjar’s killing may be an action replay of the murder of Washington Post journalist Jamal Khashoggi, a Saudi-born critic of the Saudi royal family, particularly crown prince Mohammed bin […]
The post Nijjar Murder Has Similarities With Assassination Of Saudi Journo Khashoggi first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Srivastava Fighting RSS fascism and saffron authoritarianism has been the major task before the Communist Party of India (Marxist-Leninist)-Liberation and for achieving this mission, the party would continue to work for strengthening the INDIA block. Like the CPI(M), the CPI(ML-Liberation) does not suffer with any ambiguity. The CPI(ML) L is of the view […]
The post CPI(ML)–L Is Ready To Align With Mamata In Bengal To Fight The BJP In Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach – 20 September 2023 – TÜV Rheinland, a leading global provider of technical, safety, and certification services, today announced the launch of its first-ever Hydrogen Safety Training Courses to support the burgeoning Hydrogen Industry in Hong Kong. The Chief Executive announced in his 2022 Policy Address to commence trials on Hydrogen Fuel Cell double-deck buses and heavy vehicles in 2023 and […]