Pasadena Angels’ Post

One year ago, our city (like most!) was trying to decide how to spend the remaining federal ARPA funds. So many deserving possibilities, but not enough to cover everything. The solution was for each department to pitch their best project at the City Council's strategic planning workshop, just like the entrepreneurs on Shark Tank. We'd been dreaming about a complete reimagining of our most beloved park for *years* even though we knew it was a long shot to say the least. But not only did we emerge from the tank with seed money to get us started, we were awarded the full $4 million available, enough to make the project not just a reality, but REMARKABLE. What set this one 45-min pitch apart from the rest? We didn't approach it like parks & rec professionals. We went in like SHARKS. We thought about the target audience, we used key facts and like ROI and supply and demand.. the figures and phrasing used by corporate sharks to land the big deals. We realized there's absolutely no reason we can't sell our parks (and our cities!) in the same way, and use these strategies to secure funding or community and leadership support. You don't have to BE a shark to sell like one! One year later, phase one construction is underway and we're working with the planners to design some really incredible--generationally impactful--spaces. AND we're using the experience as the basis of a session at the Texas Recreation and Park Society state conference in two weeks. I am always excited to debut a new topic and this one has been especially fun to put together, and also feels really exciting for the potential it has to help other professionals become better, tougher advocates for their parks. Even more exciting, we just found out that this was one of only a handful of sessions that was selected for sponsor support, so we'll be welcoming our (new!) friends at Studio 16:19 to the room and would LOVE to see you there, too! The session is scheduled for Wednesday, Feb. 28 at 2:45pm in Galveston... I hope you can join me!

#FundManagerNews 🗞 Tellworth UK Income and Growth manager, Mark Barnett, will leave the firm at the end of June following the completion of Premier Miton’s acquisition of Tellworth. Barnett will be replaced by Premier Miton’s Emma Mogford who manages the Monthly and Optimum Income funds. Read further 👉https://lnkd.in/eTQe-mRn If this affects you and you’d like to discuss our opinion on this fund and how it may or may not continue to fit your investment goals or risk tolerance, please call us on 01420 83517 or email info@murdochasset.co.uk #fundmanagement#investments#investing

The Pasadena Angels have invested in a wide variety of businesses and industries. Here is the second part of the requirements we consider when reviewing potential members. Learn more at: https://lnkd.in/gBJMqNgE #PasadenaAngels

What's not to like about being able to help people across a far wider geography..... Looking forward to building upon our successes to date and supporting both existing and new customers. #propertyfinance #propertydevelopment #MBO #bondsandguarantees #workingcapitalsupport

Delve into the innovative Venture Connect Programme with Dr Jo North and Jack Farrington. This video covers the program's dates, challenges to tackle and how the funding process works. To apply or for more information please visit the links posted in the comments below. #fundingalert #Northeastbusinesses #greeninvestment #maritime #NoOrdinaryPort Ian Blake Eleni Bougioukou Tamsin Warren James Wright Julia Prescot Invest South Tyneside InvestSundUK

The PCV Oakland Fund exemplifies the principles of Beloved Community by offering a framework for restorative capital that dismantles barriers to investment and moves toward a more equitable future. In 2021, as crucial pandemic recovery programs began to sunset, Pacific Community Ventures and our partners applied a place-based approach to supporting Oakland's underestimated entrepreneurs in historically redlined communities.  The Oakland Fund Playbook provides best practices and resources to support CDFIs and other financial institutions in upholding a commitment to Civil Rights. We hope to inspire more impact investors to pursue community-centered and co-created approaches as a tool to help historically redlined communities stay in place and thrive again. Visit our website to learn more and download The Oakland Fund Playbook. https://lnkd.in/gFcN99CA  #OaklandFund #RestorativeCapital #CommunityImpact Bulbul Gupta

Interested in community development finance? Take a look at Pacific Community Ventures (PCV) new place-based guide to investing in underserved businesses and communities. It’s flows from PCV's experience with the Oakland Fund, a restorative loan fund launched during the pandemic to provide patient, affordable capital to small businesses in Oakland, Calif.—particularly businesses led by and serving people of color, which have not historically had equitable access to financing. C3 is proud to have helped fund development of the report as part of our Fostering Solutions and Infrastructure (FSI) work to expand the use of catalytic capital. The playbook includes a range of resources, including case studies, narrative storytelling and guiding questions to help others develop and implement place-based lending programs. Download the playbook: https://lnkd.in/gcpVqaYQ Learn more about C3's FSI grantees: https://lnkd.in/gUDU4VSe #CDFIs #communitydevelopment #smallbusiness #catalyticcapital #socialinvestment #impactinvesting #wealthgap

How can local leaders help low-income households build wealth? The East Portland Community Investment Trust (EPCIT) provides community members with a low-cost, loss-protected, and liquid investment opportunity. Between 2017 and 2023, 328 households have become investors in EPCIT. Over the same period, the annual dividends for investors have averaged a 7.6 percent return, and the value of investors’ shares has nearly doubled. Learn more about this innovative wealth building strategy. ⬇️ tinyurl.com/rfa-epcit

We are looking at a Million Dollar Monday! While this is still much to do between now and when this capital raise closes in 3 days, 14 hours and 34 minutes - who's counting - I made a sanity-saving decision on the twelfth day of the sixteen-day campaign, and rested 😉 Given that my amazing CFO and close friend Susan Engquist arrived from Colorado on Tuesday, and we haven't stopped working since she stepped off the plane, it seemed reasonable to take Sunday off down at the bush block on Bruny Island. Yesterday was spent sitting around the campfire talking about everything except work, clearing up the site, drinking a few cold ones, hanging out with my pup aka Astro the Wonderdog, and getting our feet into the icy waters of the D'Entrecasteaux Channel in southeast Tasmania. I am now still sitting in my 1970s caravan - relying on battery power and mobile data on the off-grid property - and am officially back to it! I've just confirmed that we've had 573 investors join us already and are within a few dollars of the million mark, pushing hard to smash through that target and beyond. If you put in an EOI last month, please consider finalising the investment today. If you've only just been made aware of the opportunity, you can find all the details via the link below. And if you have any questions, I am here to answer them by phone or email. Andi Lucas - founder p.s. yes, I am wearing a terry toweling hat 😂 https://lnkd.in/ggCGUCEw * always consider the general CSF risk warning, and the offer document before investing #capitalraising #sustainablility #brunyisland #hempcrete #hemp

With so much of Los Angeles housing underproduced, Workforce Housing Fund II aims to fill the void, promising both social impact and investor returns. Discuss This Opportunity: https://lnkd.in/gky7shen #InvestmentSuccess #ImpressivePerformance