Gov. Phil Murphy proposed investment of more than $100 million in urban parks, playgrounds, open spaces and other local park improvement projects through the Green Acres Program.

The proposal, which is pending final approval by the Garden State Preservation Trust, would establish new parks and expand existing ones, develop athletic fields and playgrounds, improve access to waterways, create open spaces, build flood resilience and enhance stewardship by restoring lands for nature and public enjoyment.

State officials say New Jersey already has more than 20% of its land dedicated to parks and wildlife more than any other state in the continental U.S.

With these investments, we will take another significant step toward ensuring all New Jersey communities have access to recreational opportunities and enjoy the benefits of natural resource conservation, Murphy said. The proposed projects will provide equitable and meaningful access to urban parks, help address the impacts of climate change, and advance our long-term resilience goals. Investing in our communities through these projects will improve the quality of life for families living across New Jersey now and in the future.

For this round of Green Acres funding, applicants were encouraged to develop projects that anticipate and address climate change impacts, advance long-term resilience goals, provide equitable and meaningful public access, and maximize social, environmental and health benefits to the public, particularly within overburdened communities.

The Garden State Preservation Trust will consider the following recommended allocations:

The Garden State Preservation Trust will forward its final recommendations to the Legislature for funding approval. Other funding allocations include:

Some of the major Urban Parks Grants include:

Everyone in New Jersey deserves quality parks and recreation facilities that give children places to play, help connect us to nature, improve our physical and mental health, and enhance quality of life, especially in our most vulnerable and overburdened communities, said Martha Sullivan Sapp, director of the New Jersey Department of Environmental Protections Green Acres Program. These proposed grants and loans enhance the Murphy administrations historic commitment to environmental justice on all levels, helping to improve public health and drive economic development statewide.

Some of the major local projects approved for matching Green Acres grants and loans were in the following counties: Bergen, Burlington, Cumberland, Essex, Gloucester, Hudson, Mercer, Middlesex, Ocean, Passaic and Union. See below:

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Murphy aims for more than $100M investment in urban parks, playgrounds through Green Acres Program - ROI-NJ.com

CAMPBELL, Calif.--(BUSINESS WIRE)--Saama Technologies, Inc. (Saama) today announced funds led by global investment firm Carlyle (NASDAQ: CG) have made a strategic growth investment and will acquire a majority stake in the Company. A broad co-investor group with several healthcare-focused venture funds, including Amgen Ventures, Intermountain Ventures, Merck Global Health Innovation Fund (Merck GHI), McKesson Ventures, Northpond Ventures, Pfizer Ventures, and Population Health Partners, will be investing alongside Carlyle.

The partnership will allow Saama to accelerate its strategic initiatives, including expanding its go-to-market capabilities and further investing in AI research and development.

Saamas intelligent Life Science Analytics Cloud (LSAC) is used by over 50 pharma and biotech companies on more than 1,500 studies. As an end-to-end platform, LSAC provides a unified approach to clinical trial data management and analytics. LSACs pre-trained AI embedded smart applications have the ability to learn the complex patterns among clinical data and provide predictive insights to accelerate the clinical research process across a variety of domains and therapeutic areas.

The life sciences industry is experiencing a massive shift in strategic approaches to accelerating drug development as a result of the COVID-19 pandemic, and AI-driven analytics solutions like Saamas LSAC are at the forefront. These solutions role in successfully enabling the delivery of COVID-19 vaccines and therapies to patients in mere months was the litmus test for the future of drug development, said Suresh Katta, Founder and CEO, Saama Technologies. This investment by Carlyle and leading healthcare-focused venture funds reflects the value they see in Saamas leadership of this new era and the promise offered by our state-of-the-art solutions.

The life sciences industry is at an exciting crossroads, poised to adopt and integrate sophisticated data management and analytics solutions that we believe will accelerate clinical timelines in previously unimaginable ways, said Joe Bress, a Managing Director specializing in Healthcare at Carlyle. Were excited to partner with Saama as they work to redefine the drug development paradigm.

AI-driven analytics solutions are transforming the way that data is managed and therefore the way that work is done. We believe Saama can play a key role in that transformation for the life sciences industry, said Ashley Evans, a Managing Director specializing in Technology at Carlyle. As the convergence of healthcare and technology reaches an inflection point, we are excited to help Saama capture the compelling market opportunity ahead.

Merck GHI sees tremendous opportunity in Saamas mission of accelerating clinical trials, said David M. Rubin, Ph.D., Managing Director at Merck GHI. It is very exciting to be part of a world-class investment syndicate with such deep healthcare domain expertise and interest in supporting the build of scaled resources that have the potential to change the way clinical research and development is conducted.

The investment in Saama is a continuation of Carlyles long-term global commitment to both healthcare and technology, in which it has invested $17 billion and $25 billion of equity since inception, respectively including $2 billion in healthcare technology and tech-enabled growth companies.

Sullivan & Cromwell LLP acted as legal advisor to Saama Technologies. Debevoise & Plimpton LLP acted as legal advisor and Guggenheim Securities LLC as financial advisor to Carlyle. Fenwick & West LLP acted as legal advisor to the syndicate.

About Saama Technologies, Inc.

Saama is the #1 AI-driven Intelligent Clinical Cloud company, enabling the life sciences industry to conduct faster and safer clinical development and regulatory programs. Today, over 50 biotech companies use Saamas award-winning Life Science Analytics Cloud (LSAC) platform on more than 1,500 studies, including many of the top 20 pharmaceutical companies. LSACs rich applications facilitate an unprecedented, authoritative oversight of comprehensive clinical research data, enabling companies to file New Drug Applications (NDAs) more efficiently and bring drugs to market faster. Discover more at http://www.saama.com and follow Saama @SaamaTechInc.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions. With $276 billion of assets under management as of June 30, 2021, Carlyles purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs nearly 1,800 people in 27 offices across five continents. Further information is available at carlyle.com. Follow Carlyle on Twitter @OneCarlyle.

About Merck Global Health Innovation Fund

Merck Global Health Innovation Fund (Merck GHI) is evolving corporate healthcare venture capital globally by utilizing their healthcare ecosystem strategy. This investment strategy connects innovative companies with complementary technologies to develop integrated healthcare solutions. Merck GHI has $500M under management and provides growth capital to emerging healthcare technology companies worldwide while leveraging the vast R&D-based, global resources of Merck. With a vision that data will be the currency in healthcare, Merck GHI invests broadly in digital health. Merck GHI invests in platform companies with proven technologies or business models where Mercks expertise and perspectives can accelerate revenue growth and enhance value creation. Since late 2010, Merck GHI has made over 50 investments in Digital Health companies. http://www.merckghifund.com

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Carlyle and Leading Healthcare-Focused Venture Funds Announce Strategic Growth Investment of up to $430 Million in Saama - Business Wire

Investments and Wealth Institute members gain special access to premier fiduciary education and technology through Broadridge.

Investments and Wealth Institute members gain special access to premier fiduciary education and technology through Broadridge.

Denver, CO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Investments & Wealth Institute, the leading financial organization individuals and firms turn to for advanced professional development, today announced an alliance with Broadridge Financial Solutions to broaden its membership offering with premier fiduciary education and technology tools.

Institute members have a unique opportunity to leverage Broadridges Fi360 Accredited Investment Fiduciary (AIF) Training program to prepare for the esteemed AIF Designation and the Fi360 Fiduciary Focus ToolkitTM .

The Fi360 Accredited Investment Fiduciary (AIF) Designation is a professional certification that demonstrates a fundamental understanding of the principles of fiduciary duty, the standards of conduct for acting as a fiduciary, and a process for carrying out fiduciary responsibility.

The Fi360 Fiduciary Focus Toolkit is a web-based software solution that provides the analytical, management, and reporting features investment professionals need to administer and document a prudent investment process.

Institute members leveraging the training program and software as part of this alliance will also benefit from access to a proven step-by-step process and investment procedure developed by Broadridge known as the Prudent Practices. The detailed processes and criteria included in the Prudent Practices guides investment professionals to properly meet their legal obligations with their wealth, retirement, foundation, and endowment clients.

"The Institute is committed to bringing our members access to the best, Ivy League-quality education, training and development tools, and state-of-the-art resources from our extended network of professionals, industry thought-leaders, partners and more," remarked Tim Whiting, Chief Revenue Officer, Investments & Wealth Institute. Adding, "our alliance with Broadridge is a natural fit, with our focus on excellence and ethics and their focus on prudent fiduciary practices.

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These disciplines go hand-in-hand, providing advisors the tools they need to provide meaningful advice to their clients."

Like us, the Investments & Wealth Institute values relevant and impactful fiduciary education and technology thats important in todays evolving financial management landscape, said John Faustino, Head of Broadridges fiduciary certification and training solutions. Our alliance carries this joint mission forward by providing firms and their advisors even more opportunity to not only compete but excel in the face of increased regulation and higher client expectations.

"The AIF education is an excellent complement for holders of the Institute's own acclaimed certificationsCertified Investment Management Analyst (CIMA), Certified Private Wealth Advisor (CPWA), and Retirement Management Advisor (RMA), and fits into the highly practical standard of our professional development education," said Mike Kurz, Director of Educational Programs, Investments & Wealth Institute. "The AIF curriculum aims to help advisors reduce business risks through documentation of fiduciary practices. It helps to increase business efficiencies, effectiveness, and earning potential by adopting a consistent, reputable process, and assist Designees in earning credibility as a fiduciary specialist," he continued.

For more information, contact Cindy Chaifetz, Chief Marketing Officer, Investments & Wealth Institute, at cchaifetz@i-w.org or 303-850-3079.

About Investments & Wealth Institute

Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider, and standards body for financial advisors. Through its award-winning events, publications, courses, and acclaimed certificationsCertified Investment Management Analyst (CIMA), Certified Private Wealth Advisor (CPWA), and Retirement Management Advisor (RMA)the Institute delivers Ivy league-quality, highly-practical education to more than 30,000 practitioners annually in over 40 countries. Members of the Institute include the industry's most successful investment consultants, advanced financial planners, and private wealth managers who embrace excellence and ethics in applying a broad set of knowledge and skills in their daily work with clients. http://www.investmentsandwealth.org

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridges infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than U.S. $9 trillion of equities, fixed income and other securities globally. A certified Great Place to Work, Broadridge is part of the S&P 500 Index, employing over 13,000 associates in 21 countries. For more information about us please visit broadridge.com.

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Investments & Wealth Institute's New Alliance Expands Member Benefits to Include Fiduciary Expertise. - Yahoo Finance

Even before the pandemic, families were starting to question the value of a college degree.

Now, high schoolers are putting more emphasis on schools that will offer the best returns.

"What is going to be the return on investment?," said Robert Franek, editor in chief of The Princeton Review. "It is the question that students and their parents are asking more now, certainly over the last year and a half."

More from Personal Finance: Families massively underestimate cost of college Fewer students are going to college because of the cost How to maximize your college financial ai

To that end, The Princeton Review analyzed more than 650 colleges and universities to determine the schools with the most value, considering cost, including tuition and room and board, as well as financial aid, academic offerings, career placement services, graduation rates, alumni salary and overall student debt.

The University of California, Berkeley earned the top spot among public colleges, while Princeton University ranked No. 1 for private colleges.

Both schools are standouts for their academics, career services and financial aid, the report found.

The Princeton Review analyzed data points from more than 650 colleges and universities to determine the schools offering the highest return on investment in terms of tuition and other costs. Here are the top five public and top five private institutions.

PUBLIC SCHOOLS

PRIVATE SCHOOLS

Source: The Princeton Review

At Berkeley, the average scholarship or grant awarded to undergrads with need last year was $23,700, lowering the cost to just $7,700 from the sticker price of $31,400. Berkeley graduates with a B.A. also go on to earn $72,600, on average, early in their careers.

At Princeton, the average grant was $53,500 last year, bringing the cost of attendance down to $12,300 from its $65,800 sticker price. Graduates with a B.A. earn $77,300 early on.

However, "it's not 100% dollars and cents," said Eric Greenberg, president of Greenberg Educational Group, a New York-based consulting firm.

"With tuition going up a lot faster than inflation, parents are very likely to partially think about the money a student may earn but also how happy the student will be."

"There are certain things that can't be measured," Greenberg added.

Emotional wellbeing should also factor into considerations about the return on the investment along with the cost, academic offerings, job placement and other preprofessional services, he said.

"There's no doubt that a person's happiness will have a huge impact on their personal and professional life."

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Is college really worth it? Here are the schools with the best return on investment - CNBC

AMHERST An international organization dedicated to advocating for the highest ethical standards in the alternative investment industry, founded in Amherst in 2002, will be moving its headquarters to a historic downtown building later this year following the closure of the AmherstWorks co-working space.

The CAIA Association short for Chartered Alternative Investment Analyst Association will take over the 4,000 square feet of space in a 1920s-era bank at 11 Amity St., where AmherstWorks has been located for the past five years.

Were excited to be calling the First National Bank home, said Ruth Carolan, CAIAs chief operating officer. This will be a chance to be more connected to the local community.

Carolan said CAIA will be leaving its current home at 100 University Drive, where it has been located since 2009, beginning Dec. 1, with the move to be completed by Jan. 1. This will be its third Amherst location, after previously outgrowing 29 South Pleasant St., also in the town center. CAIA came into being with assistance from the Isenberg School of Management at the University of Massachusetts.

The collaborative, open design inside the downtown site will be the perfect space for CAIAs hybrid work models, Carolan said. CAIA has 50 employees around the world, with other locations in Geneva, Mumbai and Hong Kong, but about half the workforce is based in western Massachusetts.

CAIA, whose mission is to improve investment and societal outcomes of capital allocation through professional education, transparency and thought leadership across all investor alternatives in our industry, has 30 local chapters that host more than 200 events annually.

Meanwhile, an email was sent to AmherstWorks members and others this week alerting them to the pending closure on Nov. 30.

AmherstWorks is proud of the impact that our community has had on the Amherst community. Through networking, team building, and community events, it has been our pleasure to meet and learn from you all, to watch everyone help each other prosper and grow over these five amazing years, the email reads.

AmherstWorks formed as a partnership between building owner Barry Roberts and Archipelago Investments LLC principals Kyle Wilson and David Williams, who have developed several mixed-use projects in Amherst, including One East Pleasant, Kendrick Place and Boltwood Place.

Roberts said Tuesday that he didnt have details about AmherstWorks membership numbers, but that it was his decision to seek out a new tenant.

I chose not to renew AmherstWorks, Roberts said. The space is re-leased again, to CAIA.

Amherst Business Improvement District Executive Director Gabrielle Gould wrote in an email that while its sad to see AmherstWorks close, she understands the pandemic has changed the business landscape. But the new tenant, Gould said, will be a component in the downtowns success.

If all goes well Amherst will see nary an empty window and will be returning post-COVID stronger than ever with new culinary and retail experiences, Gould wrote.

AmherstWorks message also notes its members accomplishments: Were pleased to have elongated and make sure this building will still be a part of the wonderful downtown facade. We want to wish the new tenants the best of luck and to enjoy this wonderful building.

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Alternative investment association taking over AmherstWorks space - GazetteNET

The United Kingdom's National Security and Investment Act (NSI Act) is scheduled to come fully into force on January 4, 2022. The NSI Act will create a new framework for the UK government to review so-called "trigger events," which include acquisitions and investments in which one party acquires "control" of a qualifying entity or a qualifying asset on national security grounds. Acquirers in certain trigger events will be obligated to notify and obtain clearance from the UK government prior to completing such trigger events. In addition, the UK government will have new powers to review and, in some instances, impose mitigation measures uponor even blocktrigger events to address national security risk.

The NSI Act represents a sea change in the UK government's approach to scrutinizing transactions on national security grounds. Once fully implemented, the NSI Act will create new challenges for parties acquiring or investing in UK companies and assets, as well as non-UK companies and assets that have a UK nexus.

NSI Act Framework

Under the NSI Act, trigger events occur when one party acquires "control" (as defined in the NSI Act) of a qualifying entity or a qualifying asset. More specifically, trigger events include transactions where a party:

Through secondary legislation, the UK government has identified 17 high-risk sectors that are perceived to present an elevated national security risk. The Department for Business, Energy, and Industrial Strategy (BEIS) has published draft definitions for each of the following high-risk sectors:

For a subset of trigger events involving a qualifying entity operating in one or more of the 17 high-risk sectors (i.e., so-called "notifiable acquisitions"), acquirers will be subject to a mandatory notification and clearance requirement. In these notifiable acquisitions, the relevant acquirers must notify the Investment Security Unit (ISU) within BEIS of the trigger event, and obtain clearance before the closing of such a trigger event. The completion of such a transaction without taking these steps will result in the transaction being void. In addition, the acquirer in such transactions could face civil fines or criminal penalties.

The mandatory notification requirement will not apply to trigger events in which an acquirer solely obtains material influence with respect to a qualifying entity or acquires control over any qualifying asset. Parties participating in trigger events that do not give rise to notifiable acquisitions will have the option of submitting a voluntary notification to the ISU.

The ISU will be responsible reviewing all notifications submitted. In addition, the ISU will screen non-notified trigger events that the ISU may elect to call in unilaterally for review. The Secretary of State for BEIS will have ultimate responsibility for all decisions.

After receiving a mandatory or voluntary notification, the ISU will have 30 working days to determine whether the trigger event should be "called in" for a more in-depth national security review assessment. BEIS has indicated that it is most likely to call in acquisitions involving qualifying entities and qualifying assets in the high-risk sectors, as well as acquisitions in industrial sectors that are "closely linked" to one or more high-risk sector. If the ISU concludes that a full assessment is unnecessary, then it will clear the transaction.

When a trigger event is called-in, the ISU will carry out a full national security assessment. The ISU will have an initial period of 30 working days to analyze the trigger event after which the ISU can clear the trigger event, issue a final order imposing remedies, or extend the assessment period for an additional 45 working days. At the conclusion of the additional period, the ISU can clear the trigger event, issue a final order imposing remedies, or the parties can mutually agree to an extension of the assessment period. The ISU will consider target risk, acquirer risk, and control risk when determining whether to call in a trigger event. The ISU expects to exercise its call-in power when one or more of these risk factors potentially threatens national security.

Specific Issues

a. The NSI Act Regime Comes into Force on January 4, 2022, but the ISU Will Have the Authority to Retrospectively Review Certain Trigger Events That Completed Before That Date

BEIS has advised that the NSI Act will come into force fully on January 4, 2022. Acquirers to trigger events that complete after that dateincluding transactions that have signed prior to January 4, 2022 but do not close until after January 4, 2022will be required to comply with the NSI Act requirements. Although the new requirements apply to acquirers, all parties to a trigger event that is a notifiable acquisition will be incentivized to ensure that all NSI Act requirements are fulfilled because failing to comply with such obligations could result in the trigger event being void.

The NSI Act also grants the ISU authority to retrospectively review transactions that are completed between November 12, 2020 and January 3, 2022. Given the ISU's look-back powers, parties negotiating or participating in trigger events scheduled to close before January 4, 2022 should consider the NSI Act. For example, parties may determine that submitting a voluntary notification to the ISU prior to January 4, 2022 to solicit the ISU's informal feedback on such a transaction is advisable.

b. The NSI Act Contains Few Jurisdictional Limitations for Trigger Events, but the Criteria for Notifiable Acquisitions Requires a More Direct UK Nexus

The NSI Act defines qualifying entities and qualifying assets broadly. Entities based outside the United Kingdom constitute qualifying entities for purposes of the NSI Act if they: i) carry on activities in the UK; or ii) supply goods or services to people in the UK. Assets outside of the UK that are used in connection with such activities and services are treated as qualified assets.

These far-reaching definitions will result in many non-UK entities and non-UK assets being characterized as qualifying entities and qualifying assets, which, in turn, will result in trigger events involving companies and assets with relatively tenuous connections to the UK. Parties to such trigger events may elect to submit voluntary notifications to the ISU, and the ISU will have the ability to call-in these trigger events for review.

Although a wide variety of transactions constitute trigger events due to the expansive definitions of qualifying entities and qualifying assets, the subset of trigger events that give rise to notifiable acquisitions is narrower. For a trigger event to result in notifiable acquisition, the relevant qualifying entity must carry on one or more activities described in the high-risk sector definitions within the United Kingdom. The jurisdictional limitation will reduce the number of trigger events that give rise to notifiable acquisitions.

c. The NSI Act Has a Limited Safe Harbor Provision

The NSI Act does not contain either minimum turnover or share of supply thresholds. As a result, transactions involving qualifying entities and qualifying assets of all types and sizes may constitute trigger events. For example, transactions involving small dollar investments or start-up companies may be trigger events subject to mandatory notification requirements. Furthermore, pursuant to the NSI Act, parties may be treated as an acquirer participating in a trigger event when they obtain an indirect or joint interest in a qualifying entity or qualifying asset or when they act with a common person or with another party with respect to a qualifying entity or a qualifying asset.

Also, the NSI Act does not distinguish between foreign and domestic parties. As a result, UK acquirers will be subject to the same notification standards and obligations as non-UK acquirers. In addition, the NSI Act does not contain any "black" lists or "white" lists to identify specific countries or parties that are considered to pose an elevated or reduced national security risk.

However, the NSI Act contains limited carve-outs for certain types of transactions. Transactions in which the acquirer obtains less than a 25 percent interest in a qualifying entity will not be a trigger event (or require a mandatory notification) provided that the party does not acquire "material influence" over the policy of the entity or obtain voting rights that allow it to secure or prevent the passage of any class of resolution governing the entity. In addition, only certain types of trigger events involving qualifying entities operating in high-risk sectors will give rise to notifiable acquisitions. Acquirers will not be subject to a mandatory notification requirement when they acquire control of a qualifying asset in a trigger event.

d. The UK Government Can Review Transactions on National Security Grounds Under the NSI Act and on Public Interest Grounds Pursuant to the Enterprise Act

After January 4, 2022, there will be multiple legal regimes pursuant to which the UK government can scrutinize transactions. The NSI Act will authorize, and in some instances require, the ISU to review trigger events on national security grounds. The Enterprise Act allows the Competition and Markets Authority to assess public interest considerations (i.e., stability of the UK financial system; maintaining the UK's capability to combat, and to mitigate the effects of, public health emergencies; and media plurality) in certain types of transactions. Dealmakers and investors will need to account for both frameworks. In some situations, the UK government may seek to review transactions pursuant to both the NSI Act and the Enterprise Act, which will create unique challenges.

e. The Commencement of the NSI Act Could Create Various Logistical and Timing Challenges

While the commencement date of the NSI Act is known, how the notifications and approvals associated with the new regime will operate in practice remains unclear. For example, the number of mandatory and voluntary notifications that parties will make once the NSI Act takes effect is unknown, as is the ISU's ability to process and review such filings. If the number of notifications exceeds BEIS's expectations, the ISU may be delayed in accepting notifications or may choose to call-in many trigger events to provide it more time for review. Parties to trigger events that are scheduled to complete in early 2022 should seek to account for these uncertainties.

Conclusion

As the commencement date of the NSI Act rapidly approaches, parties should consider how this new regime will impact investments, acquisitions, and licensing arrangements that will complete during the rest of 2021 and in early 2022. By taking proactive steps to understand how the NSI Act regime applies to such transactions, parties may be able to address and resolve many issues associated with this new legal regime.

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UK's National Security and Investment Act to Take Effect in January 2022 - JD Supra

Schwener claims the city is "burning our officers out right now with overtime," and that the city needs an additional 10 to 20 officers a figure he said he derived on his own from conversations with police officials.

The city last month swore in three new Davenport police officers, who join seven new officers sworn in late April and four new hires who recently started their 16 weeks of training at the Iowa Law Enforcement Academy to become Davenport police officers.

Davenport Police Chief Paul Sikorski said the department had another five or six vacant positions it hoped to fill from retirements and resignations, and continue to actively recruit, offering sign-on bonuses, relocation assistance and incentives for military veterans.

Law enforcement agencies across the country have experienced a wave of retirements and departures and are struggling to recruit new officers following civil unrest and protest across the country over the killing and deaths of Black and brown people at the hands of law enforcement that has sparked calls for reforming or defunding the police, which have taken their toll on officer morale, Sikorski has said.

While noting recruiting struggles, Dickmann said she does not believe hiring more officers will help reduce crime on a large scale. Rather, she said she supports hiring more civilian staff in support roles to free sworn officers from clerical duties, as well as efforts like the Good Neighbor Project, city code enforcement and Youth Assessment Program. The latter,run by Family Resources, is aimed at connecting youth and families to preventative behavioral and mental health services to lower juvenile crime.

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In Davenport's Ward 2, the incumbent focuses on investment, while the challenger focuses on public safety - Quad City Times

Kroger Chairman and CEO Rodney McMullen said the company aims to double its digital business by 2023 from $10 billion to $20 billion.

Company officials praised the state, its private JobsOhio development organization and southwest Ohios REDI Cincinnati development group for the location choice.

Monroe also has celebrated a $33 million Bed, Bath and Beyond e-commerce center located on 62 acres off Salzman Road, across from the Kohls Distribution Center.

Jeff Wells, NuWaves president and CEO, said the company was excited to invest in the local economy through advancing technology initiatives and operational with a talented workforce.

Founded in 2000, NuWaves provides turnkey solutions primarily to aerospace clients, including the U.S. Navy, Boeing, Lockheed, and L3Harris.

Wells said the companys technology securely extends the range of aerospace communications equipment in aircraft and its technology can be found in some unmanned aerial vehicles. The company plans to enhance its IT infrastructure and add engineering test equipment, which will support the companys growing cybersecurity measures, he said.

Bill Brock, Monroe city manager, said the companys innovation and investment is an important part of moving southwest Ohio forward as a leading technology center.

JobsOhio is providing assistance with a JobsOhio Inclusion Grant. The grants exist to provide financial support for eligible projects in designated distressed communities and/or for businesses owned by underrepresented populations across the state, according to JobsOhio.

Kimm Lauterbach, REDI Cincinnati president and CEO, said the grant is the perfect economic tool to support NuWaves growth in Monroe as it develops leading technology for the U.S. military.

Two other businesses are getting closer to opening in Monroe.

Construction continues on an Arbys location at 200 Hamilton Lebanon Road and a gas station/convenience store on one acre at 595 S. Main St., just north of the police station.

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Monroes growth continues with $445,000 investment from veteran-owned developer - Hamilton Journal News

NEW YORK--(BUSINESS WIRE)--The years healthy level of Global VC investment showed no signs of stopping with Q321, setting a record for the third-straight time with $171.7 billion across 8,882 deals. An incredible amount of dry powder, increasing participation by less traditional VC investors, and robust exit opportunities helped keep the VC market very healthy according to the Q321 edition of Venture Pulse a quarterly report published by KPMG Private Enterprise on VC trends globally and in key jurisdictions around the world.

A record 11 deals at, or over $1 billion during the quarter helped propel VC investment to the new high. India-based Flipkart raised $3.6 billion in the largest deal of Q321, with many of the other larger deals globally having a cleantech or ESG element, including the $2.5 billion raise by US-based electric vehicle manufacturer Rivian and $2 billion raise by alternative energy infrastructure company Generate.

The Americas accounted for more than half of the global VC investment total, with a record $94 billion in funding during Q321. The US accounted for $82.8 billion of this total also setting a new quarterly record. VC investment in the Asia-Pacific region reached $48.1 billion in its best quarter since Q218 and its second-highest quarter of VC investment ever. After a record Q221, VC investment in Europe dipped slightly to $27.5 billion primarily due to a summer slowdown during which many dealmakers took vacation for the first time since the pandemic began.

Global exit activity remained robust with $292 billion in exit value across 780 deals in Q321. This helped propel YTD totals over $1 trillion more than double the previous high of $468 billion (set in 2020) with one quarter left in the year.

The word record has been a recurring theme each quarter when it comes to reporting on global VC investment and CVC investment, not to mention VC investment in many jurisdictions, said Kevin Smith Head of KPMG Private Enterprise in EMA, and Partner at KPMG in the UK, The reality is that 2021 has been a magical year for the VC market globally and were not done yet.

VC investment in Q421 is expected to remain very healthy, bringing an end to an incredible year for VC markets around the world. The continued abundance of capital, robust fundraising activity, rapidly maturing VC markets around the world, and a growing diversity of sectors attracting investment will likely keep total investment very strong.

Its been an impressive year for VC investment, with robust interest in many diverse sectors including fintech, B2B services and healthcare and biotech, said Conor Moore, Head of KPMG Private Enterprise in the Americas region, and Partner at KPMG in the US. One of the most exciting areas of investment this quarter, however, was cleantech. Given the increasing global interest in ESG, the incredible importance of climate change and reducing GHG emissions, and COP26 centre of the world stage in November there will likely be even more investment in this space over the next quarter and into 2022.

Key Highlights Q321

About KPMG Private Enterprise

You know KPMG, you might not know KPMG Private Enterprise. Were dedicated to working with businesses like yours. Its all we do. Whether youre an entrepreneur, a family business, or a fast-growing company, we understand whats important to you.

The KPMG Private Enterprise global network for Emerging Giants has extensive knowledge and experience working with the startup ecosystem. From seed to speed, were here throughout your journey. You gain access to KPMGs global resources through a single point of contacta trusted adviser to your company. Its a local touch with a global reach.

About KPMG International Limited

KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

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Global VC Investment Soars Past $170 Billion in Third-Straight Record Quarter, Says KPMG Private Enterprise's Venture Pulse Report - Business Wire

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For the average person who wasn't born into a rich family, becoming a millionaire is easier said than done.

While some people have no desire to have a million dollars and that's totally okay others may find that the closer they get to that number, the more feasible it will become for them to afford new opportunities and reach their lifestyle goals. And when you consider the fact that future retirees who plan to live off of $50,000 a year will need between $1 million and $1.5 million to carry them the rest of their lives, suddenly the idea of saving a million dollars feels like a sobering goal.

Stashing away this much money can take a while, which is why it's important to start investing as soon as you can. If you're 25 years old and want to reach $1 million by the time you're 65, you can invest as little as $240 per month, assuming a 9% yearly return. But once you hit age 30, these numbers start looking a little different.

Selectasked Brian Stivers, a Financial Advisor and Founder ofStivers Financial Services, to help us calculate exactly how much money 30-year-olds should invest each month to become a millionaire.

According to Stivers, the three most important elements of investing are the amount you contribute each month, the rate of return and how long you have to reach your goal. So when doing the math, Stivers accounted for three different return rates and used a retirement age of 65, which would give 30-year-olds 35 years to reach $1 million. Here's the breakdown:

Compared to those who begin investing at age 25, people closer to age 30 will have to contribute a little more money each month in order to reach the same goal by age 65. Compound interest is most powerful when it has a longer amount of time to grow your money but, still, it's never too late to start investing even if you don't think you have enough money to dutifully invest $370 per month.

A 3% return may be achieved through a conservative portfolio of mostlybonds, whereas a 6% return is a bit more moderate and usually consists of a combination of stocks and bonds. And on the other hand, a 9% return denotes a more aggressive portfolio and can usually be received through a portfolio that's stock-heavy.

However, it can be very difficult to pick the "right" stocks for your desired return, plus you run the risk of being influenced by market highs and lows and may be tempted to sell stocks at a less-than-ideal moment. However, a tried-and-true strategy is to invest inindex fundsorETFsthat track the stock market as a whole, like theS&P 500.

According toInvestopedia, the S&P 500 has historically returned an average of 10% to 11% annually, so you might expect a fund tracking this index to produce similar returns, though, past returns do not indicate future success.

There has long been a notion that you need to already be rich in order to start investing. However, manyinvesting appsallow users to invest in fractional shares aka, a portion of a stock's share based on the amount of money you want to invest rather than the number of shares you want to purchase with as little as $1. And, apps likeAcornseven allow users to invest the "spare change" they accrue from making everyday purchases like coffee, textbooks and clothing.

And, some investment apps offer robo-advisors, like Wealthfront and Betterment, to help you determine which investments make sense for you based on your risk tolerance, goals and retirement date. Robo-advisors also take on the task of automatically rebalancing your portfolio as you get closer to the target date for your goals. This way, you don't have to worry about adjusting the allocation yourself.

On Wealthfront's secure site

Minimum deposit and balance requirements may vary depending on the investment vehicle selected. $500 minimum deposit for investment accounts

Fees may vary depending on the investment vehicle selected. Zero account, transfer, trading or commission fees (fund ratios may apply). Wealthfront annual management advisory fee is 0.25% of your account balance

Stocks, bonds, ETFs and cash. Additional asset classes to your portfolio include real estate, natural resources and dividend stocks

Offers free financial planning for college planning, retirement and homebuying

On Betterment's secure site

Minimum deposit and balance requirements may vary depending on the investment vehicle selected. For Betterment Digital Investing, $0 minimum balance; Premium Investing requires a $100,000 minimum balance

Fees may vary depending on the investment vehicle selected. For Betterment Digital Investing, 0.25% of your fund balance as an annual account fee; Premium Investing has a 0.40% annual fee

Up to one year of free management service with a qualifying deposit within 45 days of signup. Valid only for new individual investment accounts with Betterment LLC

Stocks, bonds, ETFs and cash

Betterment RetireGuide helps users plan for retirement

Of course, when you're just starting out it can feel overwhelming especially when you get older and start having more and more competing expenses and other goals, like saving for a house, having children or moving to another city. But making a list of all your monthly expenses and exactly how much money you spend for each can help lift some of that fog.

Understandingwhere your money goescan help you identify any unnecessary expenses that have been eating up your income. Then, you can cut back on those things and free up more of your money to put toward investing and expenses you actually care about. And creating a budget or outline doesn't have to be difficult it can be as simple as writing out all your expenses in a notebook or using an app like Mint or Personal Capital, but if you prefer to use a stricter method like You Need A Budget (YNAB) then more power to you.

Information about Mint has been collected independently by Select and has not been reviewed or provided by Mint prior to publication.

Shows income, expenses, savings goals, credit score, investments, net worth

Yes, but users can modify

Yes, bank and credit cards

Offered in both the App Store (for iOS) and on Google Play (for Android)

Verisign scanning, multi-factor authentication and Touch ID mobile access

On Personal Capital's secure site

App is free, but users have option to add investment management services for 0.89% of their money (for accounts under $1 million)

A budgeting app and investment tool that tracks both your spending and your wealth

Yes, but users can modify

Yes, bank and credit cards, as well as IRAs, 401(k)s, mortgages and loans

Offered in both the App Store (for iOS) and on Google Play (for Android)

Data encryption, fraud protection and strong user authentication

All things considered, building wealth is no easy feat. Whether you want to become a millionaire or even save with no specific goal in mind, it's important to start investing what you can comfortably afford.

Over time, you can always work your way up and stash away a little more money. But if your goal really is to invest your way to $1 million, the sooner you start, the more time your money will have to grow, meaning you'll be able to contribute a lower amount each month over the years.

Disclosure:NBCUniversal and Comcast are investors in Acorns.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staffs alone, and have not been reviewed, approved or otherwise endorsed by any third party.

Link:
Here's how much money 30-year-olds need to invest every month to become a millionaire - CNBC