Sweeping reform plan empowers principals, teachers in low-performing Michigan schools

City, state and national leaders today announced two major initiatives that will seek to reform failing schools in Michigan, restructure Detroit Public Schools and provide scholarships to Detroit graduates to two-year colleges starting next year.

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Ontario Teachers Sell Stake In Maple Leaf

AHN News Staff

Toronto, Ontario, Canada (AHN) – The Ontario Teachers Pension Plan announced Wednesday it sold all its stake in Maple Leaf Foods Incorporated. The shares were sold at a 17 percent discount.

BMO Capital Markets and TD Securities, underwriters of the deal, bought 34.5 million common shares of Maple Leaf at $10.50 per common shares. The transaction grossed $362.4 million. The sold share represent 25.2 percent stake in Maple Leaf.

The underwriters originally said they would purchase only 15 percent of the teachers’ share in Maple Leaf, but eventually bought all the stocks of OTPP.

Before the announcement of the sale, Maple Leaf shares traded at $12.70. The stock sold only an average daily trading volume of 135,508 shares the past six months.

The sell-off ends a long relationship between the meat processor and teachers. Relationship between the two groups soured in summer because the OTPP was not happy with Maple Leaf’s attempt to boost stock price and the teachers were against a shareholders right plan adopted by Maple Leaf in June.

The teachers were also opposed to plans to spend $1.3 billion restructuring and modernizing the food firm’s processing plants to hike the volume of ready-made products, while cutting Maple Leaf’s traditional pork and poultry operations.

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Best Sources of Small Business Finance

Small business’ start up capital may be really hard to obtain nowadays especially because of the financial crisis. However, if you believe that you got a great idea backed up by a solid business plan then there is no reason why you shouldn’t plunge in the business bandwagon. There are tons of business finance sources out there, it may be hard to obtain them but who knows what you can get if you would gather all your might and present to them your idea. There is definitely no harm in trying. Just keep in mind that investors want a black and white plan. They would invest if they would see that your products and services is something that would really sell well hence; would give a good ROI or return of investment to them promptly or in a justifiable span of time.

I have gathered below the top sources of finance for small businesses that anyone could utilize.

  1. Personal Fund- this maybe your hard-earned and long time savings. With this on hand, there is no need to undergo the hassle of explaining your business to others. This can be used for start-up capital or initial purchase of supplies.
  2. Families and Relatives- this is definitely a great source since you can get away with a lot of paper works and may negotiate for a small or no interest at all with your business loan. Family’s support will definitely boost your confidence.
  3. Federal and Government Grants- there are specific departments of the governments you could ask help in obtaining this. It may vary from state to state and may be tedious since there would be a lot of paper works and presentation to make but it would definitely be worth it to obtain government funding.
  4. Bank Loan- this may be the toughest to get but if you have a well-written business plan and a really good presentation there is no way you will be walking out of the bank without your business capital
  5. Business Partners- to get a business partner is also a great way in having additional money flown in your start-up business. Remember though that there should be a well-written division of equity and income among the partners.
  6. Venture Capital Firms- there are a lot of venture capital firms ready to finance your business but take an extra precaution with this because you might wake up one day and realized that it seems that you are still working for others! Oftentimes these types of firms require a seemingly high ROI and demands majority of your business’ shareholdings.

    Outsourcing your small business finance may be really tough but if you really have the will and passion of what you will be doing there is no reason why you won’t find a solution to this first stroke of challenge as a beginning entrepreneur.

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    HP Gets Florida’s $20M Early Education Plan

    Jeehan Fernandez – AHN News Writer

    Tallahassee, FL, United States (AHN) – HP Enterprise Services has been awarded a $20 million contract to develop, design, implement and maintain the Early Learning Information System (ELIS) for enhancement of preschool education programs by the State of Florida’s Agency for Workforce Innovation.

    ELIS is a consolidated information system that manages early learning programs used by 300,000 families whose children attend the Voluntary Prekindergarten Education and School Readiness programs.

    HP will develop and implement a centralized child care management system designed to improve attendance tracking, provider payment processing, case management, eligibility determination and reporting.

    “The ELIS creation will result in significant improvements to the way we are able to manage the state’s early learning programs. This system will provide real-time information that will improve accessibility, affordability and quality of early learning services for children and families,” Brittany Birken, director of Florida’s Office of Early Learning said in a statement.

    The new system will enable data sharing capabilities between educators, parents, providers and state agencies.

    HP will implement online self-service customer portals to improve customer service and ELIS accessibility for parents and providers to gain access to child development resources, early education information and referral information.

    The system will assist with identification of fraud and overpayments as well as streamline administrative processes by serving as the single point of entry for eligibility data.

    Article © AHN – All Rights Reserved

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    Government Grants to Start a Business

     

    Government grants to start a business are a great idea to get started in the right direction for whatever your business needs. However, it is not going to be a completely easy process for getting business grants. There is a great amount of effort that goes into getting business grants and it can take time to do it. In fact, there are also requirements that you will need to follow in order to get the grants you need.

    Getting business grants requires that your business be a non-profit one. Expansion of some new kind of technology can be used as a reason for getting business grants if your business is not a non-profit business. Your business must be either one of these types if you are going to be getting business grants.

    Technologies that qualify you for getting business grants include technologies that are used for economic advancement. All of the prerequisites must be met so that you can get the money that you are asking for. If you do not meet the deadline that you are looking for then your request will not be approved for a business grant.

    You should have a business plan if you are considering getting business grants too. Your plan will need to be described when you are applying for a business grant. You should be able to illustrate your plan and explain how it will be used to help the entire economy of the country. Most of the time businesses that apply for business grants fail to explain their plans to the government, but if you do this it will be easier for you to get the money that you are looking for. Besides, you won’t be getting business grants if you are asking for them simply because you want to increase your finances.

    There are a few things that you can do in order to get the business grants that you are looking for. First, you should keep your explanation for why you are looking into getting business grants short and simple. You should explain only the most important facts in your proposal.

    Also, for getting business grants you should have proof that explains your need for getting business grants. Documentation and other forms of citations for your financial data should be featured so that the government knows that you are not embellishing any details. Graphical data would be especially useful for your argument.

    You should also keep your proposal complete and not have anything missing from it. Your contact information and all other important details in your proposal should be included. After all, a poorly organized report can make your business look as though it is not very well prepared.

    The last thing to do when applying for government grants to start a business is to simply keep everything real. You should not try to falsify anything, but if you work on making your information consistent with actual facts then you will be more likely to get the business grants that you are looking for.

    To read more about government grants to start a business and related information visit us at www.guidetogovgrants.com

    Small Business Grants for Women Starting a New Business

    If you as a woman own 51% or more of your business or business start up it is considered a woman-owned business and as such qualifies you for a variety of small business grants for women. The beauty of going this route instead of the more well known bank loan or finding willing investors route is the simple fact that business grants do not need to be repaid.

    This of course helps relieve the stress of paying back that loan or the group of investors that fronted you the money to get your business off the ground. Being able to concentrate solely on your business without worrying about cash flow is a sure fire way to ensure its success.

    This is important when you consider that the vast majority of small business start-ups are being done by women every year. Not only that but women are also 75% more likely to succeed in their business venture then men are. Because of this there are more and more resources becoming available for the woman who starts or owns her own business. Everything from small business grants and loans to free business plan help and tax strategies can be had for any woman in business.

    When considering getting grants for women owned businesses there are four things that can make the process quicker and easier.

    1. Create a workable business plan – This can be the most important part of any new business start-up. In fact most grant applications require a business plan so that the grantors can make an informed decision as to who receives a grant and who doesn’t.

    2. Grant research – There are literally thousands of government and private grants available to women business owners. Some are for specific areas of business while others are more general. It is also important to find out what the requirements for each grant you may be interested are.

    3. Hire a professional – Finding an accountant or lawyer who is familiar with the grant request and application process can greatly increase the chances of success. They can help with everything from building the business plan to double checking all the paper work before it is submitted to the granting agency.

    4. The internet – There are many websites that help the woman grant seeker find the grant or grants that she is looking for. They also provide an abundance of information on successfully applying for the different grants that they track. These sites can be a great resource for the woman trying to start a new business.

    Finding small business grants for women can be done quickly and easily on the internet. To successfully apply for those same grants will take some time and effort but the payoff is well worth it when you consider that the government and private organizations are giving away billions of dollars every year.

    To learn more about finding and applying for small business grants for women please click here.

    Small Business Grant Money – How to Find Free Government Grants to Finance Your Business

    Finally decided to start your own company but having problems finding the necessary startup capital in order to get it running? Have no fear, the Government is here! Yes, I did just say The Government. The US Government offers free grants to small business owners as a way to help encourage growth and stability. While there are thousands of these offers available every year, very few are even applied for? Why is that? Because most people don’t even know they exist!

    Every new entrepreneurs dreams to take his business to the Forbes 100 List but most of them fail to realize realistic goals. One of the largest contributing factors to this is a lack of startup capital or initial investment. Running your own business is expensive, something that is easy to miss-judge. For this reason, the Government offers free grants that are available to boost new business here in America.

    So how can I get one of these small business grants? Simple, you need to search one of the many thousand offers available to find one that fits your needs and requirements. Some guidelines regarding that process as well as some tips on what to look for in a grant offer can be found at the Small Business Grant Money Guide. Once you’ve found the offer that fits your company you then need to submit a business plan/grant application.

    Some important things to keep in mind when applying to offers:

    1. Presentation of the business plan -

    The first important step is the presentation. Any small business grant distributor will be interested primarily in how you tend to use the money if they give it to you, and also how you plan on using the funds to make a profit. The difference between a bank loan and a federal grant is you don’t have to show them how you’ll repay it (grants are cash gifts), which means you should focus on the ultimate goal of your business rather than the small steps you plan on taking to generate revenue along the way.

    2. The message conveyed in the business plan –

    The business plan is the cornerstone of any grant application This plan give a clear idea of your goals and vision as well as a rough timetable for accomplishing these goals. The potential in your business is shown in your business plan and it is the plan itself, which increases the confidence that the grant distributers will have in you.

    3. The Eligibility for small business grants sanction -

    Small business grants are readily extended to small business industries to help them grow, only if they have a potential.

    Small business grants bodies have their own objectives and give grants money to those satisfying them in the best possible manner.

    The location of the business is one big reason for sanction of small business grants. The government wants decentralization of industries in order to avoid migration toward cities. For example, you’d have an easier time securing a government small business grant if you planned on being headquartered in upstate New York rather than downtown New York City.

    The Small Business Grant Money Guide provides detailed information on how to find and get a grant to help finance your small business.

    Tom Conrad is no stranger to the world of corporate financing, having worked in the industry his whole life. His most recent work to help educate the general public about startup financing can be found on the Small Business Grant Money Guide.