Small Business

New Consortium Launches Colorado Hub for Health Impact, a National Economic Development Campaign to Attract Health Innovation Companies to the State

Retrieved on: 
Tuesday, February 27, 2024

Colorado Hub for Health Impact , a new national economic development campaign elevating Colorado as America’s epicenter for life sciences innovation launches today.

Key Points: 
  • Colorado Hub for Health Impact , a new national economic development campaign elevating Colorado as America’s epicenter for life sciences innovation launches today.
  • A group of 22 partners representing Colorado’s life sciences companies, innovation centers, economic development groups, Front Range cities and counties, commercial real estate developers, builders, and contract development and manufacturing organizations created and funded the national economic development campaign.
  • Metro Denver Economic Development Corporation is proud to support Colorado, the Hub for Health Impact,” said Raymond H. Gonzales, president, Metro Denver Economic Development Corporation.
  • "We are thrilled to be part of Colorado Hub for Health Impact, where we aim to attract new, high-growth companies to Colorado.

SimpleClosure Announces $4M Seed and 14x Growth Post-Launch

Retrieved on: 
Tuesday, February 27, 2024

SimpleClosure, the easiest and most trustworthy way to shut down your company, today announced it has raised $4 million in seed funding just months after the company’s pre-seed round.

Key Points: 
  • SimpleClosure, the easiest and most trustworthy way to shut down your company, today announced it has raised $4 million in seed funding just months after the company’s pre-seed round.
  • The round was led by Infinity Ventures, with strong participation from Anthemis Group, Foxe Capital and existing investors.
  • The fast-follow funding underscores the increasing need for founder-friendly business shutdown services as the venture capital environment continues to be challenging.
  • Since launch, SimpleClosure has increased its revenue more than 14x and customer base by more than 6x.

Roadie Survey Finds 80% of Companies Increase Revenue With Same-Day Delivery

Retrieved on: 
Tuesday, February 27, 2024

In a recent survey, the vast majority (80%) of companies reported increased revenue after implementing same-day delivery.1 The growth is significant: Nearly one-third of retailers reported a revenue increase of more than 10%.

Key Points: 
  • In a recent survey, the vast majority (80%) of companies reported increased revenue after implementing same-day delivery.1 The growth is significant: Nearly one-third of retailers reported a revenue increase of more than 10%.
  • The research, published by Roadie , a UPS Company and a logistics management and crowdsourced delivery platform, in partnership with studioID , sheds light on the return on investment companies see from implementing same-day delivery.
  • But the potential payoff is clear – same-day delivery is a data-backed revenue-generating channel.”
    Of the companies surveyed, most that offer same-day delivery have done so for three years or more (63%), and 68% found their same-day delivery ROI trends consistently upward year-over-year.
  • The survey found ROI unlocks insights that help make decisions about:
    However, operational costs rose for 79% of companies after rolling out same-day delivery according to the survey, highlighting the need for cost-efficient delivery models.

Nathan’s Famous Continues International Expansion in 2024

Retrieved on: 
Tuesday, February 27, 2024

Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announces their continued international expansion in 2024.

Key Points: 
  • Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announces their continued international expansion in 2024.
  • Nathan’s Famous plans to open several virtual kitchen locations in the UAE by the end of the year as well.
  • View the full release here: https://www.businesswire.com/news/home/20240227552520/en/
    Nathan's Famous International Location (Photo: Business Wire)
    “We have seen an increase in consumer demand internationally for Nathan’s Famous and are looking to expand around the globe to meet that demand,” says Phil McCann, Vice President of Marketing at Nathan’s Famous.
  • Additionally, Flit plans to expand into retail by offering Nathan’s Famous Hot Dogs and condiments in grocery stores across the country starting in April.

Paystand Showcases New Features to Unlock Additional Profitability at Sage Transform 2024

Retrieved on: 
Tuesday, February 27, 2024

The features, introduced at the Sage Transform annual customer conference in Las Vegas, Feb. 26 – 29, boost AR efficiency through automation.

Key Points: 
  • The features, introduced at the Sage Transform annual customer conference in Las Vegas, Feb. 26 – 29, boost AR efficiency through automation.
  • Paystand will demonstrate its integration at Booth #27 at the MGM Grand conference center.
  • Paystand first unveiled its partnership with Sage in May 2021, expanding the reach of its Payments-as-a-Service model to Sage Intacct customers everywhere.
  • Instant Planning through the Contracts for Sage Function: automatically determines how many invoices will be generated throughout the lifespan of a project.

Nabis Advances National Expansion Efforts With Blackbird Acquisition, Entering Nevada’s Wholesale Cannabis Market

Retrieved on: 
Tuesday, February 27, 2024

Nabis , the nation’s leading licensed cannabis wholesale platform, today announces its acquisition of Blackbird, the premier Nevada-based distribution solution.

Key Points: 
  • Nabis , the nation’s leading licensed cannabis wholesale platform, today announces its acquisition of Blackbird, the premier Nevada-based distribution solution.
  • It’s a bold step toward a brighter future for our cannabis partners statewide,” said Drea Ballard , Director of Operations at Blackbird.
  • As the top licensed cannabis wholesaling platform, Nabis' acquisition of Blackbird not only strengthens the multi-state supply chain, but also offers operating partners a clear path toward regional expansion into Nevada’s burgeoning market.
  • “And as Nabis sets its sights on national and potentially international horizons, we’re excited about the combined strengths of this acquisition leading the industry toward a new era of cannabis commerce.”

Meketa Investment Group to Host Virtual Public and Private Markets Emerging & Diverse Manager Research Day in April 2024

Retrieved on: 
Tuesday, February 27, 2024

Meketa Investment Group ("Meketa”), a global investment consulting and fiduciary management (OCIO”) firm, today announced its Public and Private Markets Emerging & Diverse Manager Research Day will take place on Wednesday, April 24, 2024.

Key Points: 
  • Meketa Investment Group ("Meketa”), a global investment consulting and fiduciary management (OCIO”) firm, today announced its Public and Private Markets Emerging & Diverse Manager Research Day will take place on Wednesday, April 24, 2024.
  • This will be Meketa’s fourteenth semi-annual emerging and diverse manager research event hosted over the last eight years.
  • Meketa defines emerging managers within public markets as firms with majority employee ownership and fewer than $2 billion in assets under management (“AUM”).
  • To register for Meketa’s Public and Private Markets Emerging & Diverse Manager Research Day, please visit: https://app.diligencevault.com/#/login?redirectId=49A3C450-03DA-4B44-B96... .

Impartial Media Leader 1440 Ranks No. 10 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

10 on its fourth annual Inc. 5000 Regionals: Midwest list , the most prestigious ranking of the fastest-growing Midwest private companies, based in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.

Key Points: 
  • 10 on its fourth annual Inc. 5000 Regionals: Midwest list , the most prestigious ranking of the fastest-growing Midwest private companies, based in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment — its independent small businesses.
  • “The media industry has been in dire need of a new business model for decades, and our rapid growth is proof that impartial news can win.
  • The companies on this list show a remarkable rate of growth across all industries in the Midwest region.

With a Two-Year Revenue Growth of 411%, Cloud Range Ranked No. 44 on Inc. Magazine’s List of Fastest-Growing Private Companies in the Southeast Region

Retrieved on: 
Tuesday, February 27, 2024

44 on the fourth annual Inc. 5000 Regionals: Southeast list due to its 411% revenue growth over the last two years.

Key Points: 
  • 44 on the fourth annual Inc. 5000 Regionals: Southeast list due to its 411% revenue growth over the last two years.
  • The list is the most prestigious ranking of the fastest-growing Southeast private companies based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.
  • “It’s such an honor to be ranked on the Inc. 5000 Regionals: Southeast list,” said Cloud Range’s CEO, Debbie Gordon.
  • The companies on Inc. magazine’s list show a remarkable growth rate across all industries in the Southeast region.

Conti Federal Ranks in Top 200 on Inc. Magazine’s List of the Southeast Region’s Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment–its independent small businesses.

Key Points: 
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment–its independent small businesses.
  • "Our growth as an organization is a testament to our team’s unwavering commitment to progress,” shares Conti Federal CEO, Peter Ceribelli.
  • “Building one of the fastest growing private companies isn’t just about speed; it's about harnessing the power of innovation, adaptability, and relentless determination to redefine what's possible.
  • Together, we’re not just chasing success; we’re defining it.”
    The companies on this list show a remarkable rate of growth across all industries in the Southeast region.