Thursday, November 4, 2010
Save Money With Rebates From Denver Water
Hospital earns thousands for saving water
Denver Water encourages its commercial, industrial and institutional customers to conserve by offering them financial incentives — rebates for installing water-efficient equipment and cash payments for actual water savings. Those customers who enter into water-efficiency incentive contracts for specific projects can collect up to $40,000 per approved project for reducing their water use. Read more >>
Stopping profits from going down the drain
Two local Denver businesses — a Vietnamese restaurant called the T-Wa Inn and a manufacturing facility owned by Frito-Lay — have trimmed their operating costs and boosted their profits through water-efficiency performance contracts with Denver Water. Read more >>
Incentives help laundering company reduce water use
Alsco, a commercial laundering company, installed a system to recirculate that cold water into a hot water tank, saving roughly 3.4 million gallons of water annually — and earning $40,000 from Denver Water for doing so.
The incentive contract also more than covered the cost of Alsco’s equipment changes, which is now saving the company $20,000 annually on its water and sewer bills. Read more >>
Reduce water use in cooling towers
Denver Water is saving a quarter million gallons of water each year, simply by making changes to its cooling tower treatment process.
Make similar water-saving changes to your cooling tower, and you could earn thousands of dollars from Denver Water for doing so. Read more >>
Need to wash that grime off your car?
Denver Water’s car wash certification program recognizes facilities that recycle water or use less water than the average car wash. Those businesses must meet certain water-saving requirements to qualify. Check out the list of certified efficient car washes.
Save money with rebates from Denver Water
Making your business more water-efficient is good for the environment, may reduce your water and sewer bill, and saves energy too. Start saving now by applying for a Denver Water rebate. Commercial customers can receive rebates for sub-meters, irrigation devices, high-efficiency toilets and other devices."
Source: Denver Water
Tuesday, October 26, 2010
CommerceConnect
A. CommerceConnect is an economic development initiative launched by Secretary Locke last year. The initiative provides streamlined and coordinated "one- stop" assistance to facilitate American businesses' access to the Department of Commerce's 70+ programs, products, services, and partner resources, including other federal, state, local and nonprofit programs. CommerceConnect's mission is to support U.S. business innovation and entrepreneurship; enhance economic resiliency; assist job creation; and help American firms transform themselves into globally competitive enterprises. This is accomplished by efficiently and effectively connecting U.S. businesses with Department of Commerce and partner resources that meet their needs at every point in their life cycle through a "no wrong door" approach to accessing enterprise assistance."
Final Days to Apply for U.S. Clean Technology Trade & Investment Mission
Led by Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan, the mission will bring together a mix of U.S. community delegates (representatives from U.S. states, counties, cities, towns, and regions) and businesses within their regions to catalyze the process of connecting U.S. communities with opportunities to increase exports and attract foreign direct investment (FDI), with a particular emphasis on advancing the green economy and creating jobs in the United States.
The week-long Cleantech Mission is being held from November 29 – December 4, 2010 and will begin in Lyon, France at Pollutec, the world's leading international tradeshow for the environment and sustainable development markets. The trip will conclude in Brussels, Belgium where U.S. communities and companies will participate in a U.S. Embassy reception, NATO cleantech roundtable with procurement officers, Invest in America event, and other networking sessions.
EDA will cover registration costs to ease the financial burden on community delegates interested in participating to pursue foreign direct investment (FDI) opportunities for their communities. Please note that communities still will be responsible for community delegate travel costs as well as the $400 participation fee and travel costs for any additional participants.
For more information, visit http://export.gov/cleantechmission/ or contact Laura Stierle at lstierle@eda.doc.gov.
About the U.S. Economic Development Administration (www.eda.gov): This year, EDA marks 45 years of public service, with a mission of leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA partners with distressed communities throughout the United States to foster job creation, collaboration, and innovation."
Thursday, October 7, 2010
Notification of Opportunity to Propose/Submit: Printing Services
Proposal No: 6716 Date: October 5, 2010
Title: PRINTING SERVICES – 2011 WASTEWISE NEWSLETTER
Number of Items: 1 Pages: 25
Due Date: October 19, 2010 Time Due: 3:00 P.M.
Note: To download the entire proposal go to: http://www.denvergov.org/purchasing
While you're on the site, sign up to "Receive Automatic Email Subscription" to receive notice of future opportunities to bid.
Wednesday, October 6, 2010
Sustainability Management Plan RFP
REQUEST FOR PROPOSALS
SUSTAINABILITY MANAGEMENT PLAN
CONTRACT NO. CE 14002
Denver, Colorado October 8, 2010
Description: The Department of Aviation for the City and County of Denver is requesting proposals for the purposes of selecting a firm(s) to prepare a Sustainability Management Plan for Denver International Airport (DIA). This Plan would integrate the targets and objectives identified in the EMS, Strategic Plan, Greenprint Denver Action Agenda, and Denver’s climate action plan into a comprehensive document that would be used to incorporate sustainability principles into all aspects of DIA’s business (planning, design, construction, operation, and maintenance) with respect to setting environmental, economic, and social performance goals; developing a monitoring/tracking system; and reporting progress to our internal and external stakeholders. Therefore, DIA has prepared this Request for Proposals to solicit interest and qualification and experience packages from qualified firms for the development of DIA’s Sustainability Management Plan. The Sustainability Management Plan will cover the Airport owned and operated facilities, and will make recommendations for tenant facilities.
Documents Available: Request for Proposal (RFP) documents will be available on the DIA Contract Procurement website at http://business.flydenver.com/bizops/rfp.asp beginning October 8, 2010.
Proposals Due: Proposals in response to the RFP will be due no later than 2:00 PM, LOCAL TIME, NOVEMBER 10, 2010 and must be submitted to Nathan Jones, Technical Services Office, Room 8810, Denver International Airport, 8500 Pena Blvd., Denver, CO 80249.
Pre-Proposal Conference: A Pre-Proposal Conference will be held at 10:00 AM, LOCAL TIME, OCTOBER 20, 2010 in the triple wide trailer, located within the DIA South Campus at 27301 E. 71st Avenue, Unit #2, Denver, CO 80249.
Disadvantaged Business Enterprise Participation: Department of Transportation (DOT) 49 CFR Part 26 ("Part 26") applies to this Project and will be incorporated into any agreement entered into as part of this selection process. It is the policy of DOT and the City and County of Denver to ensure non-discrimination in the award and administration of DOT-assisted contracts. Proposers must fully comply with the DBE requirements of Part 26 in proposing and performing hereunder.
The Director of the Mayor's Office of Contract Compliance is authorized to establish project goals for expenditures on concession contracts let by the City and County of Denver. The specific goal for this project is 10% Disadvantaged Business Enterprise (DBE).
Published in: The Daily Journal
October 8, 11 & 12, 2010"
Thursday, September 30, 2010
“Key Strategies for Business Success”
This 2-day training session is offered to assist a small business owner (established or start-up) who is interested increasing/expanding their business knowledge!
Session 1 - Monday, October 11, 2010
Session 2 - Tuesday, October 12, 2010
Both sessions are from 6 pm – 9 pm
FREE
Refreshments provided
You will receive solid and practical information from industry experts on the following topics:
Business Plan Overview (Learn how a solid business plan can assist you to access funding/capital to start or grow your business!)
Creative Marketing Strategies & Techniques
Utilizing Social Media for Your Business Success
Legal Structures/Taxes
Accessing Capital $$/How & Where?
Understanding Credit
Cash Flow Projection
More!
Held at NEWSED: 901 W 10th Ave., Ste 2 A (Second Floor), Denver, CO 80204
*FREE Parking Available in the Business/Customer Garage; please enter on W. 10th Ave., between Sante Fe Drive & Kalamath St.
Limited Seating: Please call Cheryl L. Lucero-720.299.5268, cheryllucero@yahoo.com
Proudly sponsored by SFDRC (Sante Fe Drive RedevelopmentRedevelopment Corporation, NEWSED and Office of Economic Development-Denver"
Business Opportunities at Denver International Airport
"Big Numbers = Big Opportunities
Two hundred forty million, 50 million, 176,000, and 1,500 are four reasons why owning a business at Denver International Airport is so exciting.
By 2015, 80 percent of the current concession contracts (retail, dining, and service businesses) will expire at DIA. So, the airport is urging anyone interested in opening a unique and vibrant (and profitable) business at the airport to sign up on DIA’s Web site for e-mail notifications of upcoming business possibilities.
So, what are the big numbers all about?
-$240 million were generated in 2009 by DIA concessionaires
-50 million-plus passengers travel through the airport yearly
-176,000 square feet of concession spaces are located throughout DIA
-$1,500 per square foot in sales were achieved by airport concessions
To get information about DIA’s concessions program and to sign up to be notified of all upcoming airport opportunities, send your message to this e-mail address: concessions@flydenver.com."
For business support services and information, please contact the DIA Business Assistance Center, (303) 342-2580 or lynn.sargent@denvergov.org.
Wednesday, September 29, 2010
Grants for Qualified Small Businesses
Small businesses with strong research capabilities in science or engineering in any of the research areas sought in the announcement are encouraged to apply. The FY 2011 SBIR/STTR Phase I Funding Notice is available at http://www.grants.gov/ , click on Apply for Grants, then click on Download a Grant Application Package and enter the Funding Opportunity Number: DE-FOA-0000413.
The deadline for receipt of Phase I grant applications to either program is November 15, 2010, 8:00 p.m. EST. All applications must be submitted through Grants.gov. Additional information is available on the DOE website at www.science.doe.gov/sbir. Applications will only be accepted electronically through Grants.gov.
**** IMPORTANT ****
Applications must be submitted through Grants.gov to be considered for award. You cannot submit an application through Grants.gov unless you are registered. If you are not registered, please read the registration requirements in the announcement carefully and start the process immediately.
REMEMBER YOU HAVE TO UPDATE YOUR CCR REGISTRATION ANNUALLY.
If you have any questions about your registration, you should contact the Grants.gov Helpdesk at 1-800-518-4726 to verify that you are still registered in Grants.gov. After you submit your application through Grants.gov, it is important for you to check the status to ensure your submission was successfully received.
DOE will not accept applications rejected by Grants.gov.
Registration Requirements: There are several one-time actions you must complete in order to submit an application through Grants.gov (e.g., obtain a Dun and Bradstreet Data Universal Numbering System (DUNS) number, register with the Central Contract Registry (CCR), register with the credential provider, and register with Grants.gov).
See http://www.grants.gov/GetStarted. Use the Grants.gov Organization Registration Checklist at http://www.grants.gov/assets/OrganizationRegCheck.pdf to guide you through the process. Designating an E-Business Point of Contact (EBiz POC) and obtaining a special password called an MPIN are important steps in the CCR registration process. Applicants, who are not registered with CCR and Grants.gov, should allow at least 21 days to complete these requirements. It is suggested that the process be started as soon as possible."
Monday, September 20, 2010
Colorado CleanTech Initiative September 28, 2010
Location Change this month only!!
Tattered Cover Bookstore - Lodo
1628 16th Street
Denver, CO 80202
4:30 to 7:30 p.m.
Register Here
Join the Colorado CleanTech Initiative for our monthly forum for cleantech entrepreneurs, investors, and other business support organizations to interact with, learn from, and link up with each other.
Register on-line at CORE's website by clicking on the "Register Here" link.
Guest Speaker - Jennifer Kinney, Senior Project Leader, Energy Efficiency and Renewable Energy (EERE)
As Senior Project Lead, Jennifer leads the strategy development, implementation, and development of the EERE Technology Commercialization Portal, including delivery of a high impactful, integrated application and technology stack. She will discuss EERE Technology Commercialization Portal. The EERE Technology Commercialization Portal is one of the most effective ways for investors, entrepreneurs and companies to utilize the resources of the DOE laboratories..."
Business Opportunities in the Chinese Market 9/22/10
"Please join us for a complimentary lunch and discussions with visiting experts on doing business in the Chinese market. The speakers will provide you with invaluable expertise to either expand your existing business in China or how to successfully navigate the Chinese market to introduce your business there.
Space will be limited, so please RSVP at your earliest convenience.
When: September 22nd, from 12:00 p.m. - 1:30 p.m.
Where: The Offices of Moye White LLP, 16 Market Square 6th Floor, 1400 16th Street, Denver, CO
RSVP: Thomas Binet, Director of Trade & Investment, Asia-Pacific, CO International Trade Office (303-892-3850)
Event Background: Recent numbers show that China is now the second largest market in the world, after the United States. While doing business there can be very challenging, with the right resources, success is achievable. Speakers for the luncheon include manufacturing, marketing, legal, and intellectual property specialists that have done business in China for decades and who are now available to share their expertise and lessons learned..."
Friday, August 20, 2010
Small business certification for DIA concessionaires and vendors
Becoming an ACDBE (Airport Concessionaire Disadvantage Business Enterprise) Partner at DIA
Just a few of the topics covered include:
- ACDBE certification process
- DIA concessions process
- Resources for small businesses
Presenters include representatives from the Office of Economic Development, the Division of Small Business Opportunity, Concessions, and Security.
Opportunities are not limited to concessionaires; suppliers of goods and/or services are needed as well.
Please join us!
Sessions take place on the 2nd and 4th Friday of every month from 9:00-10:30am.
Please RSVP to small.business@flydenver.com. Be sure to include the date you wish to attend
Tuesday, August 17, 2010
RFP: energy audits, energy efficiency upgrades and/or weatherization
Services by the selected proposer are to commence on January 1, 2011 and continue through December 31, 2011, with the potential to extend the contract for two (2) additional one-year terms, contingent upon funding availability, contractor performance, and local priorities.
The RFP packet may be obtained on or after 8/16/2010 by visiting "Bidding Opportunities" at: http://denvergov.org/Contracting_Services/ for an electronic download of the RFP packet. If you are unable to download the RFP packet please contact Contracting Services at 720.944.2233 in order to pick up a RFP packet at Denver Department of Human Services during the hours of 9:00 A.M. to 4:30 P.M., MST, Monday through Friday.
Applications are due and must be received by 4:00 P.M., Mountain Standard Time, September 15, 2010 to the attention of the RFP contact person.
Thursday, August 12, 2010
Heads Up: RFP Release for Residential Energy Efficiency Work
Monday, August 2, 2010
Export Development Grant
The Colorado International Trade Office (ITO) has launched an export development grant program with the mission of increasing Colorado companies’ ability to export their products and services to global markets.
Grant award: Grantees will receive between $500-2,000 to apply towards travel expenses, trade show exhibition or attendance, business match-making services with potential buyers, distributors and/or sales agents, and/or other direct expenses related to developing a new target market for exports.
Who may apply: The grant is open to companies of all industry sectors, including services, with the exception of agricultural commodities and food products. Applicants should be Colorado companies with 200 or fewer employees. Grantees may apply the award to a new target market of their choosing, and should be export-ready.
Applications due Thursday, September 30, 2010
Awards will be announced Monday, November 1, 2010
To Apply: Application materials are available at: www.colorado.gov/trade or by calling to 303-892-3850
Thursday, July 22, 2010
2010 U.S. Clean Technology Trade & Investment Mission
November 29 – December 4, 2010 in Lyon, France and Brussels, Belgium
Showcase your community in Europe as an attractive candidate for investment and a valuable trading partner
Given the strong response received from the economic development community to the ITA/EDA Economic Development Organization (EDO) Delegation to Hannover Messe 2010 in Hannover, Germany this past April, ITA and EDA are now planning a “U.S. Clean Technology Trade & Investment Mission” to Lyon, France and Brussels, Belgium from November 29 – December 4, 2010.
Please visit the official mission webpage at http://export.gov/cleantechmission/ for the mission statement, application, and application instructions.
Led by Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan and Deputy Assistant Secretary of Commerce for International Operations Karen Zens, the mission will bring together a mix of U.S. community delegates (representatives from U.S. states, counties, cities, towns, and regions) and businesses within their regions to catalyze the process of connecting U.S. communities with opportunities to increase exports and attract foreign direct investment (FDI), with a particular emphasis on advancing the green economy and creating jobs in the United States.
U.S. communities are encouraged to select a community delegate to participate as a representative of their regional economy and to invite key business leaders within their region to participate as well. Together, your community delegates and business leaders can promote your region as an attractive location for international investment in the cleantech sector while also working to establish new overseas markets for your region’s products and services.
While in France:
The mission will begin in Lyon, France at Pollutec, a tradeshow that features the world's leading international exhibit for the environment and sustainable development markets. In attendance will be 2,400 exhibitors and 75,000 trade visitors from 110 countries, all in search of comprehensive solutions to today’s environmental and economic challenges. With the help of the U.S. Commercial Service, the show serves as an excellent venue for community delegates to arrange discussions with international firms looking to expand their businesses in the U.S. Also, Pollutec is a powerful venue for U.S. companies looking to establish or expand overseas distribution, generate sales leads, evaluate competitors, and to work with U.S. Commercial Service trade specialists to identify potential buyers and partners.
The Pollutec exhibition brings together innovative solutions in equipment, technologies, and services in a variety of sectors including:
· Air
· Energy
· Water and Wastewater Treatment
· Recycling and Waste Handling
· Site Remediation
· Instrumentation
· Process Controls
· Any many more
Community delegates and participating regional businesses will also have the opportunity to participate in:
- A clean technology site visit organized by the Rhone-Alpes Economic Development Agency
- U.S. Pavilion exhibition activities and receptions
- A Networking Luncheon in which the U.S. is the Technology Country of Honor
- A Lyon City Hall Reception
- Facilitated lead generation for attracting FDI and increasing exports
Participants also have the opportunity to purchase their own exhibit space at Pollutec. For exhibiting opportunities, please contact:
Wayne Kakos - Pollutec
Reed Exhibitions
(203) 840-5875
wkakos@reedexpo.com
More information on Pollutec is available through the following links:
Who visits?
Stand Options
Accommodation information
While in Belgium:
Following Pollutec, U.S. companies and communities will travel to Brussels, Belgium. This portion will include:
· U.S. Embassy networking reception
· NATO cleantech roundtable
· Nike Green Logistics Center visit
· Invest in America Program
· Ambassadors reception
· Luncheon with major Belgian companies
Participation Fees :
Community delegate (one person): $2195
Note: The Department of Commerce continues to review the fee for community delegate participation and options for direct financing of the economic development component mission expenses, which could lower the cost for community delegates. Please see the trade mission website for the most current information.
Companies:
· one large (more than 500 employees) company representative: $3588
· one small (fewer than 500 employees) company representative: $3395
Additional representatives (community delegate or company): $400 per participant
Expenses for travel, lodging, in-country transportation (except for airport transfers and bus transportation to/from group meetings), meals, and incidentals will be the responsibility of each mission participant.
Contacts
Community Delegates:
Bryan Borlik
U.S. Economic Development Administration
(202) 482-3901
bborlik@eda.doc.gov
U.S. Companies:
Teresa Yung
U.S. Commercial Service
(202) 482-5496
Teresa.Yung@trade.gov
Pollutec/Reed Exhibitions:
Wayne Kakos
(203) 840-5875
wkakos@reedexpo.com"
Monday, July 12, 2010
July 16 Application Deadline to Present at NREL's Industry Growth Forum
"REMINDER: Deadline for Applications is JULY 16
NREL's Industry Growth Forum is the premier event for innovative clean energy start-ups to maximize their exposure to receptive venture capital, corporate investors, and strategic partners. From the application process to being selected to present, this business competition provides several opportunities for entrepreneurs to prepare, refine and present their business to a wide range of investors and potential partners. Since 2003, the presenting seed, early stage, and expanding cleantech companies have collectively raised more than $3.4 billion in growth financing. In essence, the Forum provides the infrastructure and expertise needed to bring breakthrough ideas to fruition.
The deadline for companies to submit applications to present at the Industry Growth Forum is quickly approaching. To find instructions and apply, please visit CleanEnergyForum.com
7 Tips To Help You With Your Application:
1 ) Provide clear description of management team and experience
2 ) Clearly defined market strategy
3) Recognize competitors - every company has competitors regardless of technology
4) Only include non-proprietary information
5) Avoid unrealistic claims such as, "we only need 1% of the market"
6) Download the template that includes instructions on application webpage
7) Email contacts listed below for examples of successful applications
IMPORTANT DATES:
June 1st: Begin Accepting Applications
July 16: Application Deadline
August 30th: Finalists Announced
September: Coaching & Mentoring of Finalists
October 19-21st: NREL's 23rd Industry Growth Forum
The National Renewable Energy Laboratory (NREL) is pleased to invite emerging clean energy startups from across the globe to apply to present their business opportunity at the 23rd Industry Growth Forum to be held October 19-21, 2010 in Denver. This event features:
Investment pitches from 34 competitively selected clean energy companies
Organized one-on-one meetings with leading VC's and strategic investors
Provocative panels led by thought leaders
The NREL Forum is the perfect venue for growing companies to prepare, refine, and present their business to a wide range of investors and potential partners. The best presenters are awarded cash prizes and commercialization services from NREL.
HOW MUCH DOES IT COST TO APPLY TO PRESENT?
$250 USD -Application Fee
$100 USD -Reduced Forum Registration Fee*
*All applicants qualify for the reduced Registration Rate
WHY APPLY:
- Secure financing and understand leading investors' strategies
- Refine your strategy and pitch through pre-event mentoring and detailed dialogue and feedback at the event from the expert investor panel
- An opportunity to sign-up for 10-minute "One-on-One Meetings" with 40 leading clean energy investors, angels, and strategic partners
- Expand your network through hundreds of the world's leading clean energy investors, executives, and technologists
- Compete to win the 2010 NREL Clean Energy Venture Award, including cash-prizes and commercialization services from NREL
What if I am not selected as a Finalist?
As an applicant, you will receive:
- During the Review & Selection Process -
- Exposure to over 120 North American investors who have an opportunity to review your application
- Valuable and direct feedback from investor reviewers
At the Forum
- One reduced price registration to attend the Forum ($100 USD)
- An opportunity to see and learn from the investment pitch of other clean energy companies
- An opportunity to expand your network and mingle with investors, energy executives, NREL scientists, and other leading clean energy entrepreneurs from across the globe
Quick Links
Apply to Present
More about the Forum
Hotel & Registration
Contact Us
For more information about the 23rd Industry Growth Forum, visit CleanEnergyForum.com
Application and Selection Contacts
Jennifer Field 303-275-3081 Jennifer.Field@nrel.gov
Kate Cheesbrough 303-275-4471 Kate.Cheesbrough@nrel.gov"
Friday, July 9, 2010
Mexico's Green Expo 2010
Take advantage of the Colorado International Trade Office’s CO-Exist program to increase your business presence in Mexico.
Who: Companies specializing in the following areas:
☼ Clean energy and energy-efficiency technologies, products and services
☼ Wind and solar appliances and heaters
☼ Water and wastewater treatment technologies, equipment and services
☼ Housing, industrial and infrastructural building with an emphasis on "green building"
☼ Waste (solid, water, hazardous) treatment and disposal technologies and equipment
☼ Environmental consulting services and engineers
☼ Emissions control and technologies that combat air pollution
What: The Colorado Export of Innovative and Sustainable Technologies (CO-Exist) is a program of the Colorado International Trade Office assisting cleantech companies export to Mexico.
Where: The Green Expo is held at the World Trade Center in Mexico City.
Why: Mexico’s environmental sector purchases were estimated at US$6.4 billion in 2008, and are growing at a faster rate than the rest of the Mexican economy. This reflects a national priority and growing trend toward green infrastructure development. In addition, 100% of trade with Mexico falls under the NAFTA (North American Free Trade Agreement).
When: September 27 – October 1, 2010
Cost: $900 includes all items below:
☼ Roundtrip airfare from Denver – Mexico City – Denver on Mexicana Airlines
☼ 4-nights lodging at the Hotel Intercontinental
☼ Airport transfer (for those on group flight)
☼ Pre-screened, one-on-one business meetings arranged through the ITO’s Trade and Investment Representative Office in Mexico
☼ Shared exhibition space in a Colorado booth within the US Pavilion
☼ Group dinner on September 27th
☼ Networking reception with potential business partners
*Does not include interpreter, in-country transportation, incidentals, meals (unless otherwise specified).*
Registration Deadline: August 31, 2010
Program open to first 10 qualified companies
About Green Expo: At Green Expo 2010, more than 140 companies are expected to exhibit their latest environmental technologies and products to an audience of approximately 4,400 global professionals and buyers.
To register or for more information, please contact Stephanie Garnica at 303.892.3891 or Stephanie.Garnica@state.co.us"
Monday, July 5, 2010
India Inc. on a buying binge in US
Namaste! (Indian Greeting)
Indian companies are on an acquisition spree in the US. In the first half of the current calendar year, they acquired 23 companies with a cumulative transaction value of over $3.8 billion, according to a report by New York-based advisory firm IMaCS Virtus Global Partners.
This is double the deal volume and eight times the deal value compared with the same period in 2009.
Robust economic growth and a surge in demand for natural resources in India combined with high debt-to-equity ratio and lower earnings potential of US companies is creating value buying opportunities for Indian companies in the US, said the firm, which is a joint venture between ICRA Management Consulting Services (IMaCS) and Virtus Global Partners.
Information technology/ Information Technology Enabled Services industry leads the pack, accounting for over 65 per cent share (15 in absolute terms) of the total US bound transactions by volume, followed by oil and gas and mining (9 per cent each). Other industries such as pharmaceutical, finance, media accounted for less than 5 per cent each in terms of volume.
Within the IT space, healthcare-related IT, remote infrastructure management, specialised business process solutions, and enterprise resource planning sub-segments were attractive for acquisitions, given their untapped offshore opportunities and relatively higher margins.
Strengthening capabilities
Mid-sized companies such as Prithvi Info Solutions (acquired Percentix Inc), Integra Software Solutions (Silver Editions Inc), Educomp (StudyPlaces Inc), Cambridge Technologies (Vox Holdings Inc) and Avantha Group (Pyramid Healthcare) sought to add new service capabilities through US bound acquisitions in the reporting period.Large sized companies such as Aegis (acquired Sallie Mae's customer service centre), MphasiS (Fortify Infrastructure), Aditya Birla Minacs (Bureau of Collection Recovery), Rolta India (OneGIS Inc), and Glodyne Technoserve (DecisionOne Inc) sought to strengthen their current capabilities.
One of the key aspects of this year's transactions was the focus on natural resources such as Reliance Industries' acquisition of stake in shale gas assets of Atlas Energy and Pioneer Natural Resources for over $2.8 billion and Essar Group's acquisition of Trinity Coal for $600 million.
Compared to the small-size and distress related transactions of last year, this year's transaction sizes were significantly larger and growth- focused. Six acquisitions in the first half of 2010 were over $100 million in size compared to none in H12009.
A majority of the transactions in the reporting half year had an earn-out structure where a portion of the deal value is paid on future milestones. This is evident in Reliance Industries' acquisition and MphasiS' Fortify buy.
Developed economies such as the US are attractive for Indian companies because of their natural resources, large consumer markets, transparent business processes, robust legal environment, advanced technologies, skills and knowledge capital, said the firm.Moreover, as the developed economies tend to be mature and saturated, it often proves difficult for Indian companies to gain market share without acquisitions.
NUICC is looking for companies from United States , India and other countries interested in joint ventures / investments capital Pl. contact : Purnima Voria at 720-323-3728 asap!
If interested in India opportunities, please attend the NUICC 's JULY 2I. 2010 all day US- INDIA BUSINESS SUMMIT event at The RITZ CARLTON ,Denver or contact National US INDIA CHAMBER of Commerce- THE RIGHT PASSAGE TO INDIA!
Purnima Voria
Founder/CEO National US India Chamber of Commerce (NUICC)
700 17th street , Suite 2000 , 20th Floor Denver, CO 80202
Mobile: (720) 323-3728
www.nuicc.org
Knowledge is Power - AND PROFIT
Purnima Voria
National US INDIA Chamber of Commerce
email: purnima@nuicc.org
web: http://www.nuicc.org/"
Thursday, July 1, 2010
Commercialization Portal
The U.S. Department of Energy (DOE) announced today the launch of the Technology Commercialization Portal—an online resource that will serve as a tool for potential investors to identify opportunities to invest in work being conducted by DOE laboratories and participating research institutions. Traditionally, investors, entrepreneurs, and companies have faced substantial barriers when identifying clean energy technologies to license. The Technology Commercialization Portal will help reduce these barriers to investment providing capital markets with key information on the attributes, uses, benefits, and market-readiness of specific energy efficiency and renewable energy technologies.
The marketing summaries available online describe in detail what energy efficiency and renewable energy technologies are available for licensing, and each summary outlines a technology's applications, advantages, benefits, and stage of development. The Web site can streamline a search for specific technologies, or allow the user to browse by subject area. It can also connect investors and organizations to the proper licensing contact.
Full story"
Friday, June 18, 2010
Small Business Resource Fair 8/19/10
TIME: 10:15 a.m. - 3:45 p.m. (Library opens at 10:00am)
PLACE: Denver Public Library - (Downtown location)
10 West 14th Ave., Pkwy
Denver, CO 80204
- Learn about FREE business Resources
- NETWORK with small business lenders
- Learn the SECRETS to business success
- USEFUL business workshops & training
- Six Steps to SURVIVING the recession
- Six Steps to SECURING Small Business Capital
For more information Call: Jeanette DeHerrera at 303-844-2607 x226 Jeanette.deherrera@sba.gov or web site: www.sba.gov
One-on-one counseling services available
If you pre-register at 303-844-2607 x226"
Tuesday, May 4, 2010
Business Related Online Event Calendars
1. Denver OED
2. State OED
3. Convention Center
4. DBJ
5. e-colorado.org
6. SBA
7. w3w3
8. Alliance (green events)
Thursday, April 22, 2010
Two New Tax Benefits Aid Employers Who Hire and Retain Unemployed Workers
"Two new tax benefits are now available to employers hiring workers who were previously unemployed or only working part time. These provisions are part of the Hiring Incentives to Restore Employment (HIRE) Act enacted into law today.
Employers who hire unemployed workers this year (after Feb. 3, 2010 and before Jan. 1, 2011) may qualify for a 6.2-percent payroll tax incentive, in effect exempting them from their share of Social Security taxes on wages paid to these workers after March 18, 2010. This reduced tax withholding will have no effect on the employee’s future Social Security benefits, and employers would still need to withhold the employee’s 6.2-percent share of Social Security taxes, as well as income taxes. The employer and employee’s shares of Medicare taxes would also still apply to these wages.
In addition, for each worker retained for at least a year, businesses may claim an additional general business tax credit, up to $1,000 per worker, when they file their 2011 income tax returns..." (more)
Wednesday, April 21, 2010
Contracting Opportunities
Friday, March 19, 2010
Wage subsidies available for metro Denver businesses
Wage subsidies available for metro Denver businesses through the American Recovery and Reinvestment Act
DENVER, CO — Thursday, March 18, 2010 — The Denver Office of Economic Development (OED) announces the availability of wage subsidy funding for Metro Denver businesses to hire new employees. The program is made available through the City’s allocation of American Recovery and Reinvestment Act workforce development funding.
The program offers up to 100 percent of a new hire’s wages to be subsidized for a period of up to six months. Subsidies for individual positions cannot exceed $8,000.
“We’re finding that this program helps ease the burden for many employers with adding new employees,” said AndrĂ© Pettigrew, executive director of the Denver Office of Economic Development. “In exchange for the support, we’re looking to establish partnerships with businesses that will hire and retain long-term employees.”
OED has designated $4.1 million in ARRA workforce development funding for job seeker skills training and wage subsidy support to assist businesses. With these funds, OED has established wage subsidy contracts with 70 businesses in several industries, including energy, construction/skilled trades, health care, lodging and restaurants. The office has subsidy funds remaining to expend by June 30, 2010.
To be considered for the program, a business must be located in Colorado for at least 120 days, pay into workers’ compensation and unemployment insurance, and have not laid off employees within the past six months. Subsidies are only available for full-time positions that provide at least 32 hours of work per week.
To apply for the program, businesses must submit an interest questionnaire online at www.milehigh.com.
Friday, March 5, 2010
RTD FasTracks / Eagle P3 Proposal Teams
"Join the Minority and Women's Chamber Coalition, the Denver Latina Chamber and the Hispanic Contractors of Colorado for two important sessions with RTD FasTracks/Eagle P3 proposal teams. Each team will provide a presentation to help you understand the procurement process and inform you of the supply and contracting opportunities available. These sessions present a great opportunity for networking and to ask any questions you may have regarding the project.
Attend both sessions!
Thursday, March 11
Presentation by Denver Transit Partners 7:30 a.m. - 8:00 a.m. Registration
8:00 a.m. - 10:00 a.m. Presentation
Denver Athletic Club (1325 Glenarm Place)
Friday, March 12
Presentation by Mountain-Air Transit Partners
7:30 a.m. - 8:00 a.m. Registration
8:00 a.m. - 10:00 a.m. Presentation
Denver Athletic Club (1325 Glenarm Place)
Bid opportunities include: Temp Service-Administrative Office Management, Video & Interactive CD Reproduction, Utilities Design, Traffic Control, Bridge Work, Traffic Analysis, Track Work, Printing, A/V Rental, Communications System Material Supply, Demolition, Portable Toilets, Flatwork, Insurance Vehicles, Drainage, Trucking, Janitorial, Hazmat, Water Quality/Floodplain/Drainage, Bilingual News & Information Services, Environmental Cleanup, Construction Progress Photography, Substation Foundation Installation, OCS Hardware Material Supply, and Security Services.
RSVP to Monica Rodriguez at 303.534.7783. "
Thursday, January 28, 2010
Clean Technology Testing & Pilot Partner Identification Program
The goal of the Clean Technology Testing & Pilot Partner Identification Program (cleanTest) is to facilitate testing and pilot project partnerships that will enable more rapid growth of clean technology companies and increase the speed of clean technology adoption by utilities and municipalities - driving more jobs, and securing safer, greener, and more reliable energy and water supplies...(more info here)
SBIR/STTR Grant Applications for Federal Agencies
Writing Successful SBIR/STTR Grant Applications for Federal Agencies A 2-day Intensive Workshop featuring NIH Grants with an additional 3rd day focusing on DOD/DOE/NSF
In time for the April 5thSBIR/STTR Grant Filing Deadline!
Date: February 3 - 5, 2010
Cost: CCIA Members - $225, Non-members - $250
Start time: 8:00 am on February 3rd, End time: 12:30 pm on February 5th
Location: Bioscience Park Center at Fitzsimons, 12635 E. Montview Blvd., Aurora, CO 80045
Contact Vicki Jenings at vjenings@colobio.comto request registration application
Friday, January 15, 2010
Grant Annoucement from Governor's Energy Office
- Energy Efficiency and Training
- Innovation Funding for Energy Efficiency
- LEED for Existing Buildings Certification
- Energy Efficiency in Historic Buildings
- New Energy Economic Development
- Compressed Natural Gas for Vehicle Fuel Infrastructure
The GEO will hold a voluntary applicant Q&A webinar for these grants on Friday, January 22nd from 10:00am-12:00pm. The webinar will cover best practices and grant guidelines. Webinar participants will have the opportunity to provide written questions regarding the application at that time via the webinar portal. The GEO will be unable to answer any questions pertaining to individual project proposals. Responses will be answered in writing and posted on the GEO Web site by 5:00pm January 29, 2010. Applicants should not rely on any other statements, either written or oral, regarding this application during the open solicitation period. Applicants should not contact GEO staff or any other state office or individual regarding this application.
Click here for more information about these and upcoming grants"
Patent Pilot Program
"In December 2009, the United States Patent and Trademark Office (USPTO) announced a pilot program to accelerate the processing time of “green” patent applications. As part of the Obama Administration’s efforts to fuel cleantech innovation in the United States, this Green Technology Pilot Program aims to bring green technologies to market faster, thereby stimulating green businesses and green jobs..." [remainder article at this link]