Connecticut’s Venture Capital Sector is Emerging

The economic collapse of 2008 has taken its toll on Connecticut’s businesses. As a result, lawmakers had to scramble in an effort to save jobs. The issue for these businesses was not that they were going out of business, but Connecticut was not the most affordable place to do business. Since it was a struggle to keep the larger corporations, legislators turned to growing small and medium sized businesses.

In an effort to help these small businesses, three new funds with a total of 130 million dollars available were created. This is an excellent opportunity for the state, since small startups lacked the funding they needed in the past.

This new capital being offered, has also led to strong growth in a new business sector. Connecticut is now developing a strong bioscience industry. Typically, insurance companies were the state’s only major industry, but adding a second one could make a world of difference.

Along with the in state funding, Connecticut is also seeing an increase from investors out of state. When you go from 2009 to 2010 you would see that there was a 43 percent increase of funding from investors. While some of this comes from in state, the majority is from out of state. And this means there is confidence in the potential growth of Connecticut’s economy.

Additionally, the goal of Connecticut is to get more money out of in state investors. Ryan Brennan of Advantage Capital said that the fund is the first investment in Connecticut made by his firm. Despite being fourth in the nation for capital investment, they are ranked fourteenth in the total amount of money invested in Connecticut. This shows that there is money in the state, but it’s still being invested elsewhere. But if this money were invested in the state, there would be an even stronger potential for growth.

The result of this newfound funding, will be a reduction in the gap between who is investing and where. If Connecticut can continue to increase its venture capitalism, and grow new companies and industries from it, the results would be fantastic. And with the help of a growing economy, Connecticut might be able to turn the state around.

The Power Behind Turkey in The Energy Sector

What many people are unfamiliar with is the large energy sector in Turkey’s economy. One of the main companies behind it is the Habboush Group and its CEO Wadie Habboush. They are excited about Turkey’s future because they absolutely believe that the energy sector in Turkey and its neighbors, including Iraq, could be one of the fastest growing emerging markets in the world over the next five years. This positive outlook is in spite of the fact that presently the region is in a period of global recession. Even though the economies of the region are reacting sluggishly, the affirmative outlook of the Habboush Group and others for the future is based on the fact that Turkey has been the fastest growing economy in the region for two out of the last three years. In Addition to those facts, the energy sectors in Turkey are where everyone is seeing positive economic movement happening. Because of this, it is Wadie Habboush and the Habboush Groups opinion that the energy sector is not just the most important sector for the growth of the Turkish economy but that it is the most important sector for economic growth of that entire region of the middle east.

Wadie Habboush has been working in this region for decades and is experienced in operating and maintaining massive energy and infrastructure projects. In addition to these assets, he is also focusing on the development and management of other energy-related projects to their completion. In Turkey, the Habboush Group has become involved in developing power generation plants in addition to similar projects in Southern Iraq. Because of the group’s commitment to energy production and distribution, it is clear that The Habboush Group, Turkey, and Southern Iraq can play a cooperative role in moving the region forward by forging an economic link while sharing strategies and cross-border resources. The Habboush Group also believes strongly in the Turkish economy as well as Iraq’s economy. This is an obvious conclusion if you just look at the economics and the region’s demographics.

When energy is discussed most people are talking about a $200 plus billion-dollar oil and gas market in Iraq and Turkey. This is in spite of the fact that no one has used any modern day data gathering techniques to precisely assess the potential market. Most of this is based on the area and the deposits that are already known to exist in the region. Because of this data, Iraq has already built important affiliations with distinguished companies involved the energy sector and other forms in infrastructure. What happens from here on out with the Habboush Group and these reserves all depends on what the Habboush Group and its CEO Waddie Habboush are trying to accomplish as a business in the region. Istanbul is a wonderfurl metropolitan city. It is also a true economic and cultural hub between the east and west. Because of these reasons and others, it seems to be the obvious choice of the energy capital for Turkey and Iraq where buyers and sellers of energy resources and other goods can come together and profit.

Crystal Lagoons Brings New Value to FL Real Estate

Fernando Fischmann’s Crystal Lagoons recently joined one of the largest real estate developments in Florida, SoLē Mia, which is part of a joint venture between LeFrak and Turnberry Associates. Turnberry Associates is owned by Jackie Soffer (racked.com) and her brother, Jeffrey, and LeFrak is owned by prominent business man, Richard LeFrak.

Fischmann originally joined the real estate field amassing investment equities. However, in 1986 he procured sixty hectares of countryside off the shore of middle Chile. With the plan to establish a vacation getaway, Fischmann here originated a simulated natural marsh which he deemed, San Alfonso Del Mar. The San Alfonso Del Mar pond was unveiled for the first time in December of 2006. This endeavor led Fischmann to expand on his means for sustaining the immaculateness and transparency of the water.

Fischmann developed his scientific know-how to sustain immense amounts of translucent water with minimal maintenance cost. Fischmann’s idea centered around its computerized system of ultra-sonic filtration and electronic pulsing. Unlike other setups, the use of chlorine for water refinement is non-existent. Just as important, the energy consumption of the filtration system is proportionate to two percent of the power expended by pools with typical filtration arrangements.

The Crystal Lagoons infrastructure works with essentially all types of water including freshwater, brackish water, and salt water. In addition, the aquifer mechanics enable runoff water to be refined via a separate treatment lagoon. In this separate lagoon, the water is collected into underground reservoirs to be used when necessary. This not only stores water, but helps conserve it when weather conditions get extra dry.

With its exclusive technology, these artificial marshes feature droves of sensors and tiny injectors that add purifying chemicals where and when they are required. This makes way for a more conducive cleaning approach to pool maintenance. Most pool setups typically lean on a great amount of chlorine to destroy bacteria. However, if a pond the size of some Crystal Lagoons were to be treated with chemicals, it would necessitate massive amounts of chlorine.

With land, it can be difficult to differentiate between one property and another. Man-made Crystal Lagoons (http://www.crystal-lagoons.com/) allow property owners to provide aquatic and recreational sports. A glimmering artificial pond adds capital to a vast amount of real estates. In addition to this, Lagoons can be built anyplace with a water source, even if it is underground. With Crystal Lagoons, a realtor not only adds capital to their investment but can also revolutionize the lifestyle of a populace.

Top Business Schools for 2016

Ready4, a Boston-based company that creates test prep apps, today released its second annual list of the most desired business schools around the world. It surveyed over 250,000 prospective MBA students from 195 countries and asked them to name the top 10 schools they’d like to attend.

Harvard and Stanford held onto their first and second-place spots from last year, while Wharton moved up two positions to become the third-most desired program.

The most desired schools are extremely selective. Harvard enrolled 934 students in its class of 2018, or 10% of those who applied. The much smaller Stanford enrolled 417 students, or 5% of applicants. And Wharton’s 2018 group has 851 students and an admission rate of 13%. Tuition for these schools ranges from $64,000 to $74,000 per year, leading to total annual costs of over $100,000 for each two-year program. But graduates earn median compensation of $180,000 to $208,000 in their first year out of school.

For the full list of 25, continue here.

Source: forbes.com

McLean, VA: Luxury Living Outside of the Capitol

Mclean, Virginia is home to an upscale community where many politicians and high-end professionals live as well. The location of the Central Intelligence Agency and the proximity to Washington D.C. are two of the biggest reasons why high-achieving experts are drawn to the community. McLean is full of lush greenery, hiking and biking trails, posh boutiques, and delectable restaurants.

Home of UAE Ambassador
Yousef Al Otaiba (https://twitter.com/yousefalotaiba1), who is the United Arab Emirates Ambassador to the United States, and his wife Abeer live in a beautiful home in McLean, Virginia. The estate was given a modern upgrade with contemporary finishes that fit the lifestyle of Otaiba and his family.

The outside of the home is stunning with an infinity edge swimming pool that has stepping stones lined across so that people look as if they are floating from the pool into the scenic Potomac River in the background. The setting is almost surreal. Arched walkways invite guests to sit around the water on a lounger. The home was designed with the help of several designers to get the desired effect that the couple was looking for in their property.

Inside the Estate
Luxurious blues, slates, and stainless steel adorn the home in a simple but elegant design. The kitchen has high ceilings, a massive stove, and a sink in the island in the middle of the floor. Two refrigerators provide enough space for regular parties and quiet dinners at home. Wood trim and soft white lights finish out the kitchen and carry through to the office with the curved ceiling and wall of windows that let the Ambassador bask in natural light. A long L-shaped desk gives him all the room he needs to conduct business and a quaint seating area with neutral tones make a perfect spot to have a good conversation with friends or delegates.

A uniquely designed bathroom lends character and a reminder of home with Arabic designs and accents in a magnificent arrangement. A formal dining room is headed with a massive black marble fireplace that looks over a very long wood table. The game room has a brighter look with a large wall aquarium, pool table, and spectacular wood floors. The family room is clean and cozy with plump white couches beckoning the family and guests to sit back and relax after a long day of work and discussions. The master bedroom is a mix of whites and creams with flowing curtains held back in a crisp manner to top off the calming style.