Human Development Innovation Fund

Nel ASA: Ready to step up production capacity

Retrieved on: 
Wednesday, March 9, 2022
Hydrogen, Renewable energy in the European Union, State, Contract, Communication, Carbon, Royal commission, Human Development Innovation Fund, European Commission, Solution, NEL, Renewable energy, Natural gas, EU

OSLO, Norway, March 9, 2022 /PRNewswire/ -- Nel is ready to increase its electrolyser production capacity to meet the European Union's raised ambitions for renewable hydrogen.

Key Points: 
  • OSLO, Norway, March 9, 2022 /PRNewswire/ -- Nel is ready to increase its electrolyser production capacity to meet the European Union's raised ambitions for renewable hydrogen.
  • "We are ready to add the electrolyser production capacity needed in Europe and abroad when required by the market", says Nel's CEO Jon Andr Lkke.
  • We are reaching new production records every week and will start a site selection process for additional production capacity in Europe", says Lkke.
  • Nel's electrolyser plant at Herya can provide 500 MW of capacity to the market with the possibility to expand up to 2 GW.

The Innovate Fund Provides Necessary Financing for Container Technologies Industries

Retrieved on: 
Wednesday, March 9, 2022
ARC, New Markets Tax Credit Program, Human Development Innovation Fund, U.S. Bancorp, Innovation, Appalachian Regional Commission, GLDC, Community development financial institution, Economic development, NMTC, Community Development Financial Institutions Fund, Hazardous waste, TAG, Management, Renewable energy

HELENWOOD, Tenn., March 9, 2022 /PRNewswire/ --The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided necessary financing to Container Technologies Industries in Helenwood, Tenn., to complete a major expansion project.

Key Points: 
  • HELENWOOD, Tenn., March 9, 2022 /PRNewswire/ --The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided necessary financing to Container Technologies Industries in Helenwood, Tenn., to complete a major expansion project.
  • Container Technologies Industries President and COOSteve Fieldenprojects at least 20 new, permanent, full-time jobs will be added to the existing 39 employees at the project site.
  • Senator Marsha Blackburn allows this flexible and powerful financing tool to make a significant impact in our region and nationwide."
  • About The Innovate FundThe Innovate Fund and its affiliates are designated Community Development Entities under the provisions of the CDFI Fund, which since their inception have been awarded $327 million in allocation of New Markets Tax Credits.

DGAP-News: Wacker Chemie AG: WACKER Resubmits RHYME Bavaria for European Union Funding

Retrieved on: 
Tuesday, March 8, 2022
Hydrogen, European Commission, Methanol, Silicone, WE, Burghausen, Board of directors, WITH, Carbon dioxide, Human Development Innovation Fund, Chemical industry, CEO, Electricity, European Commission–AstraZeneca COVID-19 vaccine dispute, Carbon, Water, RAW, CO2, Wacker Chemie, Renewable energy, Coal, EU

The WACKER Group had applied for funding from the European Commission's EU Innovation Fund for its RHYME (Renewable Hydrogen and Methanol) Bavaria project in 2020.

Key Points: 
  • The WACKER Group had applied for funding from the European Commission's EU Innovation Fund for its RHYME (Renewable Hydrogen and Methanol) Bavaria project in 2020.
  • "That's why we think resubmission of this trailblazing project stands a good chance of receiving the necessary EU funding.
  • RHYME Bavaria is a key building block in meeting our ambitious climate-protection and sustainability targets.
  • RHYME Bavaria refers to a 20-megawatt electrolysis plant that will produce hydrogen from water using renewable electricity.

Fujitsu Leads Development of Energy-efficient CPUs and Photonics Smart NIC for Next-generation Green Data Centers Under NEDO Program

Retrieved on: 
Friday, February 25, 2022
Sustainable Development Goal 9, Fugaku, United Nations, New Energy and Industrial Technology Development Organization, NEC, Kyocera, CPU, Technology, Sustainable Development Goals, ICT, Solution, New energy, NEDO, Efficiency, Goal, US, Human Development Innovation Fund, Central processing unit, First Nations in Ontario, Achievement, NIC, Research, Renewable energy, Computer data storage, Information technology, Fujitsu

Fujitsu has been selected along with NEC Corporation, AIO Core Corporation, Kioxia Corporation, Fujitsu Optical Components Co., Ltd. and KYOCERA Corporation.

Key Points: 
  • Fujitsu has been selected along with NEC Corporation, AIO Core Corporation, Kioxia Corporation, Fujitsu Optical Components Co., Ltd. and KYOCERA Corporation.
  • Within this project, Fujitsu will lead the development of low-power consumption CPUs and photonics smart NIC optimized for next-generation green data centers.
  • Additionally, Fujitsu Optical Components will work with Fujitsu to develop photonics smart NIC.
  • Fujitsu will further refine this technology and develop a low-power consumption CPU that can be used in next-generation green data centers.

The Innovate Fund Provides $12.5 Million Financing for Renovation of Most Comprehensive HIV/AIDS Facility in the US

Retrieved on: 
Wednesday, March 2, 2022
Perception, ECHO, Community Development Financial Institutions Fund, Leadership, Patient, Human Development Innovation Fund, GLDC, Community development, Community development financial institution, New Markets Tax Credit Program, United, Person, HIV/AIDS, Compliance, Economic development, HIV, Pharmacy, Executive, Ponce Historic Zone, TAG, NMTC, Technology, Health, Social support, AIDS, Pharmaceutical industry, Management

The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided $12.5 million to assist in the rehab of the facility's five existing operational floors.

Key Points: 
  • The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided $12.5 million to assist in the rehab of the facility's five existing operational floors.
  • The renovated facility will provide improved treatment facilities for dental, ECHO, infusion, imaging, lab, pharmacy, and social support services.
  • "The Ponce Center has not been significantly revamped or updated since the early days of the HIV/AIDS crisis in the 1990s," Sale said.
  • The Innovate Fund prioritizes investments, such as the Grady Ponce project, that improve health and wellness outcomes for our nation's most vulnerable populations."

The Kroger Co. Zero Hunger | Zero Waste Foundation Joins The Future of Food @ SXSW

Retrieved on: 
Tuesday, March 1, 2022
Zero, Halal, RNA, Human Development Innovation Fund, JPMorgan Chase, Hunger, Innovation, Kroger, Human spirit, Food Tank, Future, MassChallenge, Multimedia, List of life sciences, Village Capital, CEO, Program, Newsroom, The Future of Food, SXSW, Supply, Luke Norris, Driscoll's, Austin City Council, Scale Venture Partners, Cook, Technology, Goodwill, KR, NYSE, National Nutrition Council (Philippines), Rabobank, Mondelez International, Foundation, Common Thread, Communications satellite, Agriculture, Management, Tourism, Thanasis Lightbridge, Food, Running, Google, Forbes, Tufts University

Zero Hunger | Zero Waste Foundation (the Foundation) is bringing people together for conversations about food system innovation, inclusion and sustainability as presenting sponsor for The Future of Food @ SXSW between March 11 and March 18, 2022, in Austin, Texas.

Key Points: 
  • Zero Hunger | Zero Waste Foundation (the Foundation) is bringing people together for conversations about food system innovation, inclusion and sustainability as presenting sponsor for The Future of Food @ SXSW between March 11 and March 18, 2022, in Austin, Texas.
  • Scheduled events for The Future of Food @ SXSW 2022 include food-focused documentary watch parties, roundtable discussions, food tastings, memorable activations and more.
  • "Our mission is to help create communities free of hunger and waste and a brighter future for people and our planet," said Denise Osterhues, president of The Zero Hunger | Zero Waste Foundation.
  • The Zero Hunger | Zero Waste Foundation, a nonprofit public charity, was established in 2018 to direct philanthropic and catalytic funding to partners working to solve food system challenges.

VIPC Regional Innovation Fund Grant Awarded to Charlottesville BioHub to Strengthen the Entrepreneurial Ecosystem in the Charlottesville Region

Retrieved on: 
Thursday, February 24, 2022
GLOBE, Health, Central, RIF, EIR, VVP, Human Development Innovation Fund, Twitter, Entrepreneurship, Education, STTR, SBIR, Industry, FFAP, VIPA, LinkedIn, VFF, ESOS, Commonwealth, CCF, Student, Ecosystem, Economic development, Policy, Pharmaceutical industry, Renewable energy, Management, Facebook

CvilleBioHub is at the center of a thriving entrepreneurial ecosystem in the Charlottesville region, with many partners across economic development, industry, and academia.

Key Points: 
  • CvilleBioHub is at the center of a thriving entrepreneurial ecosystem in the Charlottesville region, with many partners across economic development, industry, and academia.
  • We are pleased to provide a Regional Innovation Fund grant to CvilleBioHub to support its efforts to strengthen Central Virginias biotechnology industry through engagement, resourcing, and education, said Conaway Haskins, Vice President for Entrepreneurial Ecosystems at the Virginia Innovation Partnership Corporation.
  • Regional Innovation Fund (RIF) is a Virginia Innovation Partnership Corporation-administered state-funded program that provides competitive grants to leading Virginia-based entrepreneurial support organizations (ESOs).
  • There are more than 2000 employees in the regional biotech/life sciences industry and more than $400M locally invested to date.

The Innovate Fund Provides $15 Million Financing for HBCU Claflin University

Retrieved on: 
Wednesday, February 23, 2022
TIF, Human Development Innovation Fund, Wells Fargo, University, GLDC, Community Development Financial Institutions Fund, Claflin University, HBCU, Upstate, Heart, Persistent poverty county, Multimedia, New Markets Tax Credit Program, TAG, Student, SF, Economic development, Orangeburg–Calhoun Technical College, NMTC, Community development financial institution, Community centre, Chicago Community Loan Fund, Bank

The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided $15 million, part of a larger $18.5 million financing package, to assist in the construction of the 82,000 SF center.

Key Points: 
  • The Innovate Fund, a New Markets Tax Credits (NMTC) Community Development Entity, provided $15 million, part of a larger $18.5 million financing package, to assist in the construction of the 82,000 SF center.
  • The Innovate Fund partnered with South Carolina Community Loan Fund (SCCLF) to make the transaction possible.
  • Brendan Buttimer, the Upstate Community Development Loan Officer for SCCLF and NMTC Advisory Board member for The Innovate Fund said: "The Claflin University Student Activity and Community Center will have tremendous impact on this non-metro county.
  • Additionally, without the support of Wells Fargo and the South Carolina Community Loan Fund, The Innovate Fund's investment would not have been possible.

Jeito Capital co-leads $65 million Series A financing in EyeBio

Retrieved on: 
Tuesday, February 22, 2022
BioMed Central, Do Meu Jeito, Entrepreneurship, Saṃsāra, Physician, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Growth, Kate Bingham, Retina, Ophthalmology, Clinical trial, Drug development, United Kingdom, General partnership, Human Development Innovation Fund, AMD, Food, Eye, Senior, LinkedIn, Diabetic retinopathy, Science, NAMD, Leadership, Series, FDA, Eye disease, Genentech, Hoffmann-La Roche, Patient, Roche, Solution, Research, CEO, DME, Pharmaceutical industry

The Series A brings together a team of international executives and investors with an extensive track record for developing ground-breaking ophthalmology therapies.

Key Points: 
  • The Series A brings together a team of international executives and investors with an extensive track record for developing ground-breaking ophthalmology therapies.
  • Jeito co-led the financing with SV Health Investors and Samsara BioCapital, with additional financial backing from MRL Ventures.
  • EyeBio launches with a specific mission: to protect, restore, and improve vision for people who are underserved by available eye disease therapies.
  • Rafale Tordjman, Founder and CEO at Jeito, said: We are pleased to have co-led this financing in EyeBio alongside high-quality international investors.

WisdomTree Launches Battery Value Chain and Innovation Fund (WBAT)

Retrieved on: 
Thursday, February 17, 2022
NASDAQ, CBOE, Enablers, Prospectus, Innovation, International Innovation Index, WisdomTree Investments, GLOBE, WETF, Investment, Lovell Minnick Partners, Cell, ETF, BESS, WBAT, London, ETP, Fund, Human Development Innovation Fund, London Stock Exchange, Emerging technologies, XETRA, Industry, LLC, Security (finance), Life insurance, Financial adviser, Index

NEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, announced today the launch of the WisdomTree Battery Value Chain and Innovation Fund (WBAT) on the CBOE.

Key Points: 
  • NEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, announced today the launch of the WisdomTree Battery Value Chain and Innovation Fund (WBAT) on the CBOE.
  • WBAT seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Battery Value Chain and Innovation Index (WTBAT), and has an expense ratio of 0.45%.
  • The WisdomTree Battery Value Chain and Innovation Fund (WBAT) was built for investors looking to gain exposure to battery technologies and the megatrend of energy transformation.
  • The Fund invests in equity securities of exchange-listed companies globally involved in the investment themes of Battery and Energy Storage Solutions (BESS) and Innovation.