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Consumers are increasingly Sustainable products and services are in demand, and according to McKinsey research, more than 90% of companies plan to partially meet this demand by building new business. One of his new businesses in this area is his C1 (Carbon.one). C1 (Carbon.one) is a climate technology startup that uses a patented catalytic process to produce green methanol as fuel for ships or as a feedstock for the chemical industry. In a conversation with McKinsey's Markus Berger de Leon and Jerome Königsfeld, C1 co-founder and CEO Christian Folman shared his experience as a serial entrepreneur. He reflects on the…
Editor's note: We earn commissions from Forbes Advisor partner links. Commissions do not influence editors' opinions or ratings. According to the U.S. Census Bureau, fewer than 20% of U.S. employer businesses are minority-owned. However, the owners of these 1.1 million minority businesses often face serious challenges when it comes to securing business financing. In fact, a paper from Duke University and the UNC Kennan Institute for Private Enterprise found that black entrepreneurs are one-third more likely to apply for a loan out of fear of loan rejection, and that black entrepreneurs are one-third more likely to apply for a loan…
Twitter (rebranded as “X) is one of the most versatile social media networks in the world. With 238 million monetizable users logging into the app daily, Twitter marketing helps brands connect with potential customers, influence purchase decisions and stay ahead of industry trends. The platform boasts over 556 monthly active users. And 55% of these users check the app daily for the latest news, self-expression, entertainment, networking and more. There’s as much funny meme content on Twitter as political discussions and updates. And that’s only a few reasons why Twitter is a power marketing channel. In this article, you’ll learn…
Nozomi Energy was established as a Japan-specific renewable energy platform with the goal of generating 1.1GW of electricity by 2027. Nozomi makes first investment in Helgo Japan Energy to supply onshore wind and solar power London, Tokyo, May 9, 2023: Actis, a global investor in sustainable infrastructure, has launched Nozomi Energy, a new US$500 million renewable platform focused on Japan. Nozomi aims to generate 1.1GW of onshore wind and solar power by 2027. The investment comes from his fifth and latest energy infrastructure fund in Actis, and represents his $6 billion in investable capital. Actis has hired a dedicated management…
Small business owners are essential to the fabric of the U.S. economy, creating millions of jobs and providing identity to the communities they serve. According to the U.S. Small Business Administration, small businesses have created 12.9 million net new jobs over the past 25 years, accounting for two-thirds of the jobs added to the economy. Small businesses keep local economies healthy and vibrant by fostering entrepreneurship and innovation. Despite these benefits, many small and medium-sized businesses often lack capital to sustain and expand their operations and rely on local investors to raise the capital they need to grow. Investing in…
This browser does not support the video element. COLUMBIA – Rockbridge students returned to school Monday for the first time since classmate Evan Avery was killed in a traffic accident Friday night in South Columbia.Additional mental health services are being provided to students following Evan's death. Jen Wheeler, co-founder and chief operating officer of Big Tree Medical, will be offering free counseling to Evan's friends and family and to Rockbridge High School students from now until the end of the school year.“I wanted to offer this counseling because I am the mother of two Rockbridge High School students who know…
For many people, becoming a business owner is an important component of the American Dream. It means flexibility in how you spend your day, control over your business decisions, and hopefully a path to long-term wealth and financial independence. But you don't have to start a business from scratch to be a successful entrepreneur. You also don't have to say goodbye to your work-life balance. Whether you're looking to earn some extra side income or want to quit your 9-to-5 job completely, buy an existing business that essentially runs itself. could be the answer. “One of the biggest benefits of…
We are at a tipping point where mental health must become a stakeholder in business roles. … [+] The culture of the future. This column is the beginning of a series that explores innovative ideas and concepts designed to benefit executives, managers, founders, and others alike.getty May marks Mental Health Awareness Month, and it's a great time to pause and explore what this means in our rapidly changing work culture. Some might make a convincing argument that never before in human history have we reached such a tipping point of uncertainty. After emerging from a global pandemic, we will face…
National Small Business Week may be over, but your small business journey is just beginning.In an ever-changing economic landscape, small businesses must remain vigilant and adaptable, finding innovative ways to effectively manage credit and capital. Many small businesses rely on business credit to finance the purchase of new machinery, acquisition of inventory, and expansion of their operations. If you don't need the funds or don't currently have credit, it's a good idea to establish business credit for the day you need to apply for external financing. Here are some simple steps to establishing business credibility. Establish your business as a…
downward angle icon An icon in the shape of a downward facing corner. Krishon Lampley, CEO and co-founder of Love Cork Screw. Christian Demar Floods have forced the closure of Krishon Rampuri's successful wine bar. After taking a break, she started a blog to keep the community informed about the wine scene. Lampley leveraged his audience and industry knowledge to launch his own wine brand. This article is part of the series “Small Business Strong,” which focuses on resilient efforts by small business leaders to overcome barriers and reach success. This told essay is based on a conversation with Krishon…