(StatePoint) Small businesses are the heartbeat of communities. They pump life into neighborhoods, making them vibrant places to live, work and raise families, and are key to millions of local jobs. In fact, approximately 50% of all Americans are employed by a small business and 99% of American businesses are small businesses, according to the U.S. Small Business Administration.
Investment arm, 301 INC, addresses founder gap through Fearless Fund and Supply Change Capital.
MINNEAPOLIS, Minnesota – General Mills today announced its venture capital arm, 301 INC, will invest a combined $15 million into two early-stage venture capital funds, Fearless Fund and Supply Change Capital. These investments are part of General Mills’ commitment to standing for good and promoting racial and gender equity in representation through economic opportunity for minority and female food entrepreneurs.
Muge Ma, a/k/a “Hummer Mars,” Lied that His Phony Companies Had Hundreds of Employees and Paid Millions in Wages to Receive COVID-19 Loan Funds
Damian Williams, the United States Attorney for the Southern District of New York, announced today that MUGE MA, a/k/a “Hummer Mars,” was sentenced to 52 months in prison in connection with a fraudulent scheme to obtain over $20 million in Government-guaranteed loans designed to provide relief to small businesses during the novel coronavirus/COVID-19 pandemic. In connection with loan applications for relief available from the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan (“EIDL”) Program, MA falsely represented to the U.S. Small Business Administration (“SBA”) and six financial institutions that his companies, New York International Capital LLC (“NYIC”) and Hurley Human Resources LLC (“Hurley”), had hundreds of employees and paid millions of dollars in wages to those employees, when, in fact, MA appears to have been the only employee of his companies. MA previously pled guilty to bank fraud and aggravated identity theft before U.S. District Judge Richard M. Berman, who imposed today’s sentence. MA was arrested on May 21, 2020 and has been detained since his arrest.
Ford U.S. market share expands 1.0 percentage point on improved April dealer inventory flow, Ford’s April sales outperformed the industry with total share of 13.8 percent, while filling retail orders at record rates representing 50 percent of April’s retail sales.
After a not-so-stunning victory on Tuesday night, Congresswoman, Shontell Brown, remained in office after easily downing former Congresswoman Nina Turner in a not-close-at-all race for the 11th Congressional District seat. Brown’s votes almost doubled that of her opponent Turner. President Joe Biden had nothing but praise and high hopes for Brown, who previously defeated Turner in a special election 5 months ago after Biden tapped then Congresswoman Marcia Fudge to join his cabinet as Secretary for the Department of Urban Development.
On Wednesday, Medworks and marketing giant, The Tower City Media Group joined forces in order to further spread the good news about how area residents can obtain free medical and vision care in NEO through Medworks.
The Ricks Brothers Foundation and Medworks came together for a huge collaborative effort at The Old Stone Church for a Pop-Up Medical Clinic on Saturday, April 16th. There were a variety of services offered as the day was geared towards feeding and helping the homeless population in downtown Cleveland.
The Ricks Brothers Foundation offered a helping hand as they supplied additional healthy snacks, and juice to the attendees of the clinic. Pastor Author Ricks acted as the transportation guy, driving around downtown streets and alleyways looking to take the less fortunate to the church and returning them back to their places afterwards.
Meanwhile, the many volunteers from Medworks tended to the varied medical needs of those who came in for assistance. Medworks does medical checks and provide referrals to outside agencies if needed at their very popular clinics. Medworks does 8-10 clinics in and around NEO each year.
The Homeless Hook-up CLE, The Downtown Alliance, Cleveland Clinic and The Old Stone Church came together in one collaborative effort to make this event happen.
Medworks has 6 additional clinics coming up before years end
