Nopal

ARC Fund Launches with Underrepresented Founders to Increase Alternative Capital for Impact Entrepreneurs Facing Scarcity of VC Money

Retrieved on: 
Wednesday, February 21, 2024

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- The ARC Fund launched three Community Rounds today to support underrepresented impact entrepreneurs raise growth capital between $250,000 and $5,000,000 over a three-month "equity crowdfunding" campaign using the Wefunder platform in response to the scarcity of capital as venture capitalists hold on to funds due to the uncertain economy, banks lend less, and interest rates remain high, forcing startups led by underestimated founders to find alternative sources of capital to survive and grow.The Kauffman Foundation reported that nearly two-thirds (65%) of new businesses will use personal and/or family savings to cover their startup costs. Without an innovative source of capital to provide a "bridge" round to get startups through this tough economic period over the next few years, many overlooked entrepreneurs will close their doors.

Key Points: 
  • By the end of 2022, adverse market conditions led to a 36% drop in overall venture capital dollars, but Black entrepreneurs saw a 45% decrease in financing.
  • Women-only teams secured only 2.8% of venture capital in 2023, the lowest in four years.
  • Nearly 20% of all startups have raised money at a lower valuation than they had previously, up from 5% in 2021, according to Carta.
  • When looking at equity crowdfunding success percentages, campaigns run by women-only founders had an 87.5% success rate compared to 41% for men-only founders.

DGAP-News: ITOCO Inc.: Itoco Provides Information About the Nopal Cactus' Ability To Act as a Key Component in Land Reclamation in Addition to Its Significant Carbon Reducing Properties

Retrieved on: 
Wednesday, October 27, 2021

TORONTO, ON / ACCESSWIRE / October 27, 2021 / ITOCO INC. (OTC PINK:ITMC) is pleased to release information about the Nopal Cactus' ability to act as a key component to land reclamation in addition to its significant carbon reducing properties.

Key Points: 
  • TORONTO, ON / ACCESSWIRE / October 27, 2021 / ITOCO INC. (OTC PINK:ITMC) is pleased to release information about the Nopal Cactus' ability to act as a key component to land reclamation in addition to its significant carbon reducing properties.
  • Nopal Cactus is already widely cultivated in arid regions worldwide as a standalone crop because of its ability to grow and thrive in hard and dry conditions.
  • When the Nopal Cactus is present, other plants and trees can take hold in poor growing environments more easily.
  • ITOCO's Nopal Cactus Carbon Credit program is designed to achieve significant land rehabilitation and reclamation by planting in association with less robust trees and crops.

DGAP-News: ITOCO Welcomes Maria Teresa Tattersfield Yarza to Its Board of Directors and Carbon Credit Advisory Board

Retrieved on: 
Thursday, October 21, 2021

TORONTO, ON / ACCESSWIRE / October 21, 2021 / ITOCO INC. (OTC PINK:ITMC) is pleased to welcome Maria Teresa Tattersfield Yarza to its Board of Directors.

Key Points: 
  • TORONTO, ON / ACCESSWIRE / October 21, 2021 / ITOCO INC. (OTC PINK:ITMC) is pleased to welcome Maria Teresa Tattersfield Yarza to its Board of Directors.
  • Ms. Tattersfield will be presenting to and attending the meeting session COP 26, Glasgow, UK, from 25 Oct 2021 to 12 Nov 2021.
  • She is currently responsible for coordinating the execution of agricultural carbon capture projects (with Nopal plantations) and forestry at EcoPlan PLC (Itoco's Mexican subsidiary) on the Board level.
  • Ms. Tattersfield is currently the Forest Carbon Manager of WRI Mexico, and is responsible to coordinate the execution of CO2munitario (forest carbon capture).

The Makers of the HERDEZ® Brand and DONA MARIA® Brand Announce Sponsorship for Qualitas of Life Foundation and "Arap en Mandil" Culinary Series

Retrieved on: 
Tuesday, June 15, 2021

1sellingsalsa brand in Mexico and agrowingstaple in kitchensacross the United States, and the DONA MARIA brand, the No.

Key Points: 
  • 1sellingsalsa brand in Mexico and agrowingstaple in kitchensacross the United States, and the DONA MARIA brand, the No.
  • During the sponsored second episode, Bethke and Chef Ruffo Ibarra will be cooking Chorizo with Potatoes, featuring HERDEZ Chipotle Salsa Cremosa and DONA MARIA Nopalitos.
  • Qualitas of Life Foundation's educational program helps participants to establish clear financial goals, as well as develop the skills and habits needed to achieve them.
  • When it comes to world-famous mole pastes and tender nopalitos, DONA MARIA brand has been Mexico's favorite brand for 80 years.