New Fund, Established as Part of White House Rural Council's "Made in Rural America" Export and Investment Initiative, Now Allows USDA to Facilitate Private Equity Investments in Agriculture-related Businesses
Fund is the First of Upcoming Announcements on Boosting Investment in Rural America; White House Rural Opportunity Investment Conference to be Held in July

Cedar Rapids, Iowa, April 21, 2014 - As part of the Obama Administration's new "Made in Rural America" export and investment initiative, Agriculture Secretary Tom Vilsack today announced the creation of a new investment fund that will help propel the growth of small businesses across rural America. The new Rural Business Investment Company (RBIC) will now allow USDA to facilitate private equity investments in agriculture-related businesses. Currently, USDA programs exist to help provide loans or loan guarantees to help rural businesses grow, but many small cutting-edge businesses also need equity support in addition to or instead of borrowed funds.

Advantage Capital Partners, which will manage the new fund, and their partners from eight Farm Credit institutions have pledged to invest nearly $150 million into the new effort.

"This new fund will allow innovative small businesses throughout rural America to access the capital they need to grow and create jobs," Vilsack said. "One of USDA's top priorities is to help reenergize the rural economy, and we now have a powerful new tool available to help achieve that goal. This new partnership will allow us to facilitate private investment in businesses working in bio-manufacturing, advanced energy production, local and regional food systems, improved farming technologies and other cutting-edge fields."

The fund is being formed under the USDA's Rural Business Investment Program (RBIP). USDA utilizes RBIP to license funds to invest in enterprises that will create growth and job opportunities in rural areas, with an emphasis on smaller enterprises. Working through the USDA program enables licensed funds to raise capital from Farm Credit System banks and associations.

The Farm Credit System, a nationwide network of banks and lending associations specifically chartered to serve agriculture and the U.S. rural economy, is an essential provider of credit to agriculture and rural America. This new partnership between Farm Credit institutions and Advantage Capital, a leading growth capital and small business finance firm, brings together resources and people that are focused on providing more private capital, small business investment and quality jobs to rural America. This public-private partnership will have a tangible positive impact on our rural economy and is a model of how government can serve as a catalyst for private investment in rural America.

Eight Farm Credit institutions providing initial investments in the RBIC fund are: AgStar Financial Services (Mankato, Minn.); AgriBank (St. Paul, Minn.); Capital Farm Credit (Bryan, Texas); CoBank (Denver, Colo.); Farm Credit Bank of Texas (Austin, Texas); Farm Credit Services of America (Omaha, Neb.); Farm Credit Mid-America (Louisville, Ky.); and United Farm Credit Service (Willmar, Minn.).

USDA also announced that it will be accepting applications for other new Rural Business Investment Companies such as the one announced today. Interested applicants have until July 29th to submit their applications for review in FY2014. Any application accepted after this deadline will be held for consideration next year. USDA intends to accept RBIC applications through 2016, detailed information including application materials and instructions can be found at: www.rurdev.usda.gov/BCP_RBIP.html.

In addition, Secretary Vilsack said that the White House Rural Council, as part of the Made in Rural America initiative, will convene the Rural Opportunity Investment Conference later this year to attract additional investments to rural America by connecting major investors with rural business leaders, government officials, economic development experts and other partners. This conference will promote opportunities to invest in rural America by highlighting successful projects in energy, biofuels and bioproducts, infrastructure, transportation, water systems, telecommunications, health care, manufacturing, and local and regional food systems. To learn more about the conference, visit www.usda.gov/investmentconference.

About the White House Rural Council

To address challenges in Rural America, build on the Administration's rural economic strategy, and improve the implementation of that strategy, the President signed an Executive Order establishing the White House Rural Council. The Council coordinates the Administration's efforts in rural America by streamlining and improving the effectiveness of federal programs serving rural America; engage stakeholders, including farmers, ranchers, and local citizens, on issues and solutions in rural communities; and promoting and coordinating private-sector partnerships. With the signing of the Farm Bill in early February, President Obama directed the Council to lead a new "Made in Rural America" export and investment initiative, charged with bringing together Federal resources to help rural businesses and leaders take advantage of new investment opportunities and access new customers and markets abroad. The work of the White House Rural Council and USDA to bring investment to rural America is an example of how the Administration is creating smart partnerships with the private sector to better support Americans in all parts of the country.

About USDA's Rural Business Investment Program (RBIP)

The Rural Business Investment Program promotes economic development in mostly rural areas by helping to meet the equity capital investment needs of smaller enterprises in such areas. USDA licenses newly formed for-profit investment fund entities as Rural Business Investment Companies (RBICs). RBICs use the equity raised in capitalizing their fund to make equity and equity-like investments mostly in smaller enterprises located primarily in rural areas.

About the Farm Credit System

For nearly a century, Farm Credit has been a national provider of credit and related services to rural America through its cooperative network of customer-owned lending institutions. Farm Credit provides more than $200 billion in loans and leases to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility cooperatives. For more information about the Farm Credit System, please visit www.farmcredit.com.

About Advantage Capital Partners

Advantage Capital Partners is a growth capital and small business finance firm focused on providing growth capital and other investments supporting state and local economic development efforts. The firm's typical forms of investment include venture, expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. With offices and partners in New Orleans, St. Louis, Chicago and other U.S. cities, Advantage Capital has invested more than $1.6 billion since 1992. The firm invests in small businesses across a wide range of industries that are located in geographic areas underserved by traditional sources of capital.

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USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).


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April 14, 2014

Downtown Davenport Cleanup Day

What: Downtown Cleanup Day

Where: Downtown Davenport and Bettendorf IA Date: Friday, April 25

Time: Davenport 9 a.m. - 5 p.m., Bettendorf- 8 a.m. - 11 a.m. Davenport Registration: www.DowntownDavenport.com

Bettendorf Registration: www.Bettendorf.org/downtowncleanup or call (563) 344-4084

Event Description

Davenport

• The Downtown Davenport Partnership, a division of Quad Cities Chamber, is hosting its annual Downtown Cleanup Day Friday, April 25. More than 150 volunteers will grab gloves and trash bags as they set out to clean the streets in preparation for summer crowds and festivals.

• Volunteers will be treated to free tickets to a River Bandits game and a post-cleanup party. Downtown Cleanup Day is part of the nationwide initiative, The Great American Cleanup. The Waste Commission of Scott County's iLivehere program donates bags and gloves for all volunteers.

• Volunteers can sign up by visiting www.DowntownDavenport.com and clicking the link to the volunteer signup sheet. Download the form and return to us at 130 W. 2nd St., Davenport, IA 52801.

• The Downtown Davenport Partnership (DDP), a division of Quad Cities Chamber of Commerce, is a non-profit organization focused on the strategic growth and beautification of historic downtown Davenport. As administrators of the Self Supporting Municipal Improvement District, DDP provides leadership and advocacy for downtown economic development, planning, cultural vitality, events, marketing, and clean-and-safe initiatives.

Bettendorf

• The City of Bettendorf will also host its annual Downtown Cleanup Day on Friday, April 25th from 8 a.m. to 11 a.m. Volunteers will meet at 8 a.m. for a light breakfast (sponsored by Ascentra Credit Union) before setting out to clean up the downtown. Volunteers will receive free tickets to the River Bandits game on Saturday. Volunteers are asked to park in the back of the parking lot behind the Alter Building at 2117 State Street.

• The annual Downtown Cleanup Day is part of the nationwide initiative, The Great American Cleanup. The Waste Commission of Scott County's iLivehere program donates bags and gloves for all volunteers.

• Volunteers can sign up by visiting www.bettendorf.org/downtowncleanup and clicking the link to the volunteer signup sheet. To register, print the form and return it to the City Hall Annex, 4403 Devils Glen Road, Bettendorf, IA 52722, c/o Patty Copeland or call (563) 344-4084.

Sponsors

The Waste Commission of Scott County's iLivehere program, Quad Cities River Bandits, The Great American Cleanup, and Ascentra Credit Union.

FOLLOW THE MONEY

COMPTROLLER PARTNERS WITH FBI, CPA SOCIETY


MOLINE - Comptroller Judy Baar Topinka will welcome more than 60 elected leaders from the Quad Cities on Tuesday at a Follow the Money workshop aimed at rooting out fraud and making government more transparent.

The Quad Cities event is part of a statewide Follow the Money Series hosted by the Comptroller's Office in partnership with the Federal Bureau of Investigation and the Illinois CPA Society. An 11 a.m. address by Topinka will follow presentations from the FBI, CPA Society and Comptroller's Office.

The workshop which begins at 8 am, will conclude at Noon.

SCHEDULE FOR TUESDAY, APRIL 22, 2014:

WHAT:       FOLLOW THE MONEY SERIES

WHEN:       11 AM

WHERE:    Black Hawk Community College

6600 34th Ave., Moline

WHO:         Comptroller Judy Baar Topinka

Representative from the Illinois CPA Society

Representative from the Federal Bureau of Investigation

Black Hawk Community College President Dr. Thomas Baynum

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Speak at RSVP Volunteer Recognition Luncheon

WHO Congressman Dave Loebsack

WHAT Dave will speak at the annual event that honors local RSVP Volunteers

WHERE Fountains Senior Living Clubhouse, 3752 Thunder Ridge Road, Bettendorf

TIME 11:30am

 

Tour JMTC Ambulance Line

WHO Congressman Dave Loebsack

Col. David Luders, Commander JMTC

Rick Nesbitt, Deputy Commander JMTC

WHAT Dave will tour the facility and learn more about the ambulance line

WHERE Rock Island Arsenal JMTC, Building 210 on Rodman Ave

TIME 1:30pm

NOTE Due to timing, Dave will be available to speak with press about this tour following the CDBG event

 

Speak at Davenport's Community Development Block Grant (CDBG) Week Event

WHO Congressman Dave Loebsack

WHAT Dave will speak at the event celebrating the 40th anniversary of CDBG

WHERE The Freight House, 421 W. River Drive, Davenport

TIME 4:00pm


May 9, 2014 Full-Day Event Explores Vital Leadership Concepts

 


IA/IL QUAD-CITIES - "Our jobs ask much of us. And so do our lives. Employees, families, our boss. We have every reason to focus on our own success. And yet, leadership calls us to more. Leadership is beyond the confines of our daily tasks. Beyond the borders of our roles and responsibilities. Leadership asks us to look beyond the everyday and consider the larger community around us - our employees, colleagues, neighbors, and cities. We are asked to look not only inward, but also outward. Beyond ourselves. Join us at Leadercast this year as we explore together what leadership looks like Beyond You."



That statement from Leadercast defines the theme, Beyond You, of this year's Leadercast event on May 9, 2014. This dynamic leadership experience will be simulcast live from Atlanta, Georgia, to metro areas worldwide.

 

Leadercast Quad-Cities is the simulcast location for the Iowa/Illinois Quad-Cities and surrounding area. This day-long learning event will be held 7 a.m. to 4:30 p.m., Friday, May 9, 2014, at the i Wireless Center, 1201 River Dr., Moline, Illinois. Tickets are available for $110.00 per person.

 

"Attendees will be informed and empowered by talks from nine acclaimed leadership experts," said Todd Ashby, Managing Partner of Results Marketing. For the past four years, Results Marketing and select sponsors have been bringing the Leadercast event to the Quad-Cities area. "You can expect to be challenged, inspired, and encouraged. Leadercast offers helpful guidance for community members who want to make a difference at work and in their personal lives."

 

The nine speakers who will be giving presentations via simulcast at this year's Leadercast Quad Cities will be Andy Stanley, Malcolm Gladwell, Archbishop Desmond Tutu, Randall Wallace, Jack Welch, Laura Schroff, Dr. Henry Cloud, Simon Sinek, and Laura Bush.

 

"Whether you are leading a major corporation or just yourself, Leadercast Quad Cities can help you to create positive change in your life, your community and the world at large," Ashby said.

 

To find out more or to register online, visit www.leadercast.com/location/quadcities/. To register by phone, call Les Flesher of Results Marketing at 563-322-2065. Feel free to keep in touch with Leadercast online at www.facebook.com/qcleadercast.

 

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CEOs Must be Aware of How They're Using
Key People, Says Sought-After Speaker

It's a simple fact of business: Without sales, no one else downstream can do their jobs, says veteran sales manager and business speaker Jack Daly. Because of how vital sales are to a company, CEOs frequently tend to misuse their best people, he says.

"There are three sins that minimize the sales management role, which ultimately holds the company back from achieving its growth," says Daly, author of "Hyper Sales Growth," (www.jackdaly.net).

"When they misallocate key players, small to medium-sized businesses tend to go into one of two directions. They either stay small to medium, or they go out of business. When you ask why, it most often comes down to a violation of one or more of these three sins of sales management. Having the right people in important spots is absolutely the secret to success."

To ensure continued growth, Daly says the people at the top must avoid the following:

Sin No. 1 ... is committed when the CEO or owner wears the hat of the sales manager. If you are doing that, you're essentially relegating both the CEO job and the sales manager job to part-time status. In effect, you're saying, "I'm going to grow my business part time." If you want your business to grow, you must grow your sales force, and you need someone doing that full time.

Sin No. 2 ... is to make the best salesperson the sales manager. It can work, but seldom does. The usual scenario, however, is you lose your best salesperson and get a mediocre sales manager. The role and the responsibilities are entirely different. A salesperson's role is to win new customers and nurture the ones you have, thereby differentiating you from your competitors. The sales manager's job involves recruiting, training, coaching, building and developing. Being effective at one of those jobs is not an indicator that a person will be equally effective in the other. Salespeople are used to immediate gratification, involving a deal-to-deal routine. Sales managers, by contrast, must take their time to recruit, train and coach. A salesperson might easily become disenchanted with the pace of the new role and look for another sales job, perhaps with your competitor.

Sin No. 3 ... is probably the most grievous of all. The best salesperson is made a sales manager, but he or she is also required to continue booking business. It's absolutely ruinous. The person's focus will remain fixed on the customer, as that is how their compensation is driven. Accordingly, the sales team will be underserved, missing the opportunity for leveraged growth.

The key to growth is to put the right people in the right places, Daly says.
"Since sales drive business, it's essential to match skills and personality types to the jobs, and to ensure the people can focus on their roles," Daly says.

About Jack Daly

Jack Daly, author of "Hyper Sales Growth," (www.jackdaly.net), is an experienced and inspirational sales trainer and sales coaching expert who, as a sought-after speaker, motivates audiences to take action in the areas of sales planning and training, and customer loyalty. Daly draws upon more than 20 years of business experience, with several successful stints as the CEO of fast-growing companies. He has a Bachelor's in Science degree in accounting, a Master of Business Administration degree, was a Captain in U.S. Army and is an accomplished author with audio and DVD programs.

CHICAGO - Governor Pat Quinn today took action on the following bill:

Bill No.: HB 2317

An Act Concerning: Revenue

Allows property tax bills to be emailed if the property owner consents; and makes changes to the way vehicle sales tax is calculated on certain leased vehicles.

Action: Signed

Effective: January 1, 2015

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The Old Creamery Theatre will host Courtyard Concerts this summer, one Friday per month, May through September featuring local bands and food. The concert will be free to everyone with a ticket to that Friday night's Main Stage theatre performance or $5 admission without a theatre ticket.

The shows will all take place from 5-7 pm in the Old Creamery's Courtyard on the following evenings: May 9, June 13, July 18, August 8, and September 12. The first Courtyard Concert of the season features Lojo Russo.

Lojo Russo is described "as a songwriter with a lot of lyrical power, a guitarist with powerful playing and a singer with one heckuva voice who performs with the energy and rocking empowerment of Ani DiFranco, the graceful folksiness of the Indigo Girls and the gritty blues of Susan Tedeschi."  Russo is comfortable making music no matter where she is - whether playing festivals or front steps, coffeehouses or concert halls her music, her style and her stories never cease to amaze and amuse. Her enormous stage energy, powerful voice and percussive playing style belie her small frame. As one promoter put it, "This is a one woman show that shows you only need one woman."

Each show will also feature a different food vendor. The first Courtyard Concert on May 9 will feature Maggie's Farm Wood-Fired Pizza.

Call the box office at 319-622-6262 or go online to www.oldcreamery.com for more details. Find out more about Lojo Russo at lojorusso.com

The Old Creamery Theatre is a not-for-profit professional theatre founded in 1971 in Garrison, Iowa. In 2014, the company is celebrating 43 years of bringing live, professional theatre to the people of Iowa and the Midwest.

Urges People Across the State to Go Green and Continue Environmental Consciousness

CHICAGO - Governor Pat Quinn proclaimed Tuesday, April 22 as "Earth Day" in Illinois and urged residents to get outdoors and involved in keeping Illinois at the forefront of conservation and sustainability. The Governor also discussed the work the state is doing to improve sustainability and protect our environment. Today's proclamation is part of Governor Quinn's agenda to protect our natural resources and ensure a clean and healthy environment for future generations.

"We want every day to be Earth Day in Illinois and everyone should do their part to help preserve, sustain and beautify our state," Governor Quinn said. "Study after study is finding that Illinois is leading the way in sustainability - from the most communities using renewable energy to being number one in the nation for sustainable buildings. By working together we can keep the progress going and make Illinois the greenest state in the nation."

Later this week, Governor Quinn will host The Council of Great Lakes Governors' (CGLG) 2014 Governors' and Premiers' Meeting. The meeting will bring a number of U.S. Governors and Canadian Premiers to Illinois to discuss ways to ensure that the entire Great Lakes region is economically sound and environmentally conscious in addressing today's problems and tomorrow's challenges. Governor Quinn is the Co-Chair of the non-partisan partnership of the Governors of the eight U.S. states that border the Great Lakes, with Canadian provinces of Ontario and Québec.

Since taking office, Governor Quinn has led Illinois on a path to sustainability. Earlier this month, the Governor announced $16.5 million in investments for 46 local park projects across Illinois. Last weekend the Governor announced a $1.6 million investment in environmental and education projects along the Lake Michigan shoreline and in the Millennium Reserve-Calumet region. The projects are funded through the Illinois Coastal Management Program, which was formed in 2012 by Governor Quinn to protect Illinois' 63-mile Lake Michigan shoreline.

Last month, a new report found that Illinois leads the nation in the number of communities using renewable electricity. The 91 communities that have transitioned to 100 percent renewable electricity represent more than 1.7 million individuals. According to the report, demand for renewable energy from the state is more than six terawatt hours, a reduction in greenhouse gas comparable to taking more than one million cars off the road. The report was released by the Environmental Law & Policy Center, Sierra Club, World Wildlife Fund, LEAN Energy US, the Illinois Solar Energy Association and George Washington University Solar Institute.

In February, the U.S. Green Building Council ranked Illinois number one among all 50 states in the sustainable building design movement. Illinois has more than 29 million square feet of certified green buildings, or 2.29 square feet for every resident. Utilizing less energy and water, LEED-certified spaces save money for families, businesses and taxpayers; reduce carbon emissions; and contribute to a healthier environment for residents, workers and the larger community.

In his State of the State address on Jan. 29, 2014, Governor Quinn announced that the available funding from the Illinois Clean Water Initiative (ICWI) will be doubled to $2 billion and stormwater management infrastructure projects will also be eligible for low-interest loans as well as drinking water and wastewater treatment plants and distribution and collection systems. First announced in Governor Quinn's 2012 State of the State address, ICWI was launched in the fall of 2012 and has created several thousand jobs in communities across Illinois. To learn more visit CleanWater.Illinois.gov.

Illinois is a leader in solar energy. In 2013, Governor Quinn, along with Shedd leadership and Illinois sustainability champions, unveiled a 265-kilowatt project that is the biggest solar panel installation in any cultural institution in the state. The energy-efficient panels are part of Shedd's Master Energy Roadmap - an ambitious energy initiative aiming to cut energy consumption in half by 2020, transforming the aquarium into the nation's first clean energy-powered cultural institution.

The Governor set a green example for all Illinois residents by transforming the 159-year old Illinois Executive Mansion, visited by Abraham Lincoln and six other of our nation's Presidents, into a model of sustainable living. In 2010, Governor Quinn planted his own vegetable garden inspired by First Lady Michelle Obama to help offer a healthy menu for Executive Mansion guests; installed rain barrels to divert rainwater out of the municipal sewer system and into the Mansion's vegetable garden; created a compost pile to transform food scraps and landscaping debris into rich nutrients which are spread over the Mansion's vegetable garden, shrubs and trees; and solar panels, donated by three Illinois firms, were installed to make Illinois the second Governor's Mansion in the U.S. to go solar.

In 2011, the Illinois Executive Mansion became the first in the nation to install a charging station for electric vehicles. In 2012, LED lighting was installed throughout the Executive Mansion. The new system consumes 90 percent less energy, lasts for 10 years and poses less of a threat to historic artifacts. Additionally, digital water meters are installed to better monitor usage; aging air conditioners were replaced with an energy efficient system.

The Governor today also encouraged all state employees to participate in "No Print Week," a program from April 21-25, to help increase awareness about paper usage and reduce unnecessary paper consumption.  "No Print Week" comes after the success of 2013's "No Print Day." In fiscal year 2013, Illinois recycled 5,521,906 pounds of paper, 830,714 pounds of OCC (card board), 2,486 pounds of plastic, 4,114 pounds of aluminum, 103,449 pounds of scrap metal from empty food cans and 48,179 pounds of assorted comingled items.

For more information on Earth Month and the Governor's initiatives for protecting and preserving Illinois' future visit: illinois.gov/EarthMonth. For more information on volunteer opportunities visit: www.Serve.Illinois.gov and www.dnr.illinois.gov/outreach/volunteeropportunities.

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DES MOINES, IA - Today the Greater Des Moines Convention and Visitors Bureau launches its largest summer marketing campaign to-date, partnering with fourteen local organizations to bring visitors to Greater Des Moines.

The campaign includes TV, cable, radio, digital billboard and online advertising in four markets across Iowa and surrounding states, timing as follows:

Omaha/Council Bluffs: April - May

Central Iowa: June - July

Southern Minnesota: June - July

Eastern Iowa: July - August

The TV, cable and radio spots feature music by local band, the River Monks. The campaign is made possible by the support of the following advertising partners:

·         Prairie Meadows

·         Homemakers

·         Adventureland Park

·         Iowa Speedway

·         Iowa State Fair

·         Des Moines Performing Arts

·         Science Center of Iowa & Blank IMAX Dome Theater

·         Jordan Creek Town Center

·         Blank Park Zoo

·         Des Moines Art Center

·         Valley West Mall

·         National Balloon Classic

·         Des Moines Arts Festival

·         80/35 Music Festival

With the strong support of the summer campaign, an additional arts and culture campaign will be announced soon.

The 2013 summer campaign contributed to a three-year high in hotel occupancy during the peak summer travel months in Greater Des Moines. Additionally, more than 90,000 inquires were gained year-over-year in comparison to the 2012 campaign.

How to Catch Summer in Des Moines:

·         Find exclusive deals and discounts from participating partners at catchdesmoines.com/summer

·         Enter to win tickets, hotel stays, restaurant and winery gift cards during May 12-16 and May 19-23 at facebook.com/catchdesmoines

The Greater Des Moines Convention and Visitors Bureau is a not-for-profit organization whose mission is to promote Greater Des Moines as a fun, vibrant and affordable destination statewide, nationally and internationally. Our focus increases visitors to our community through meetings, conventions, sports events, leisure travel, and group tours, thereby contributing to the local economy.

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