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Small Business Funding

US effort to curb China’s and Russia’s access to advanced computer chips ‘inadequate,’ report finds WSOC TV [Video]

The U.S. Commerce Departments efforts to curb Chinas and Russias access to American-made advanced computer chips have been inadequate and will need more funding to stymie their ability to manufacture advanced weapons

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Small Business Funding

Officials cut ribbon on Greenlink’s new facility [Video]

ITS POTENTIAL. 23A ROUND OF APPLAUSE AS GREENLINK NEW OPERATIONS AND MAINTENANCE FACILITY OPENS. RETENTION HAS BEEN REALLY HARD, RETAINING GOOD TALENT, DRIVERS, MECHANICS, PEOPLE ARE EXCITED. THE MORE THAN $50 MILLION STRUCTURE AND SEVERAL MAINTENANCE BAYS, A TRAINING AREA AND ALLOWS FOR AN EXPANDED FLEET. WEVE NEVER HAD COMPRESSED NATURAL GAS, AND THATS A CLEAN ENERGY FUEL THAT WEVE WANTED TO EXPAND TO. IT OFFERS A LOT OF FEATURES THAT ELECTRIC DOES NOT. ADVOCACY GROUP GREENVILLE CONNECT SAYS IT COULD ALSO LEAD TO EXPANDED AND MORE FREQUENT SERVICE. WHEN WE ASKED PEOPLE WHY THEY DONT RIDE THE BUS, WHAT WE FIND IS THAT THEY REALLY WANT TO RIDE THE BUS. THEY THINK ITS GREAT AND THEYRE GLAD ITS HERE, BUT IT DOESNT COME OFTEN ENOUGH AND IT DOESNT GO EVERY PLACE THEY WANT TO GO. THEY ALSO SAY EXPANSION DEPENDS ON MORE OPERATIONAL FUNDING FOR GREENLINK, BUT THE COUNTYS BUDGET HAS BEEN A FOCUS FOR THE INCOMING COUNCIL MEMBERS. I DO KNOW THAT THE BUDGET IS A CONCERN, SO WE ARE GOING TO HAVE TO TAKE A LOOK AT THAT UNDER THE HOOD. AND IF THIS IS ONE OF THOSE THINGS TO ME, THEN THE JOB FOR US TO DO IS TO FIND OUT HOW WE ACQUIRE THAT FUNDING IN OTHER WAYS. TRANSIT OFFICIALS SAY GREENLINK IS CRITICAL TO GET PEOPLE TO WORK. ONE OF THE TOP FIVE BARRIERS WAS A LACK OF TRANSPORTATION. SO ULTIMATELY, IF YOU WANT TO BOIL IT DOWN, IF YOU WANT TO HAVE A GOOD ECONO

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Small Business Funding

Achieve Fundability for Your Startup in 2025 [Video]

As you know, I categorically support bootstrapped entrepreneurs. There are numerous startups now that have achieved some revenue without any external funding. However, it has taken time. Sometimes, it has taken 5-7 years to get there. VCs, however, are looking for velocity. Their goal is to achieve $100M in 5-7 years. So how does an entrepreneur with a profitable bootstrapped company convince investors that (s)he can get to $100M in the next 4-5 years? How is that a credible, defensible claim? This question is at the heart of the Bootstrap First, Raise Money Later strategy that we practice and advocate in 1Mby1M. The key to this is in establishing a clear Positioning and GTM strategy with precise metrics. If your positioning can show a defensible bottom-up TAM, and if your GTM validates a repeatable customer acquisition strategy that can be scaled aggressively by injecting capital, you CAN raise money. To raise funding, sometimes further funding beyond a small

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Small Business Funding

Iranian citizens charged in drone strike [Video]

Two Iranian citizens are facing federal charges in connection with a drone strike that killed three U.S. Army soldiers and injured dozens more in Jordan early this year, the U.S. Justice Department announced Monday.The men, 42-year-old Mahdi Mohammad Sadeghi and 38-year-old Mohammad Abedini, are charged with conspiring to export electronic equipment from the United States to Iran. Sadeghi, who is a dual U.S.-Iranian citizen, lives in Massachusetts and made his initial appearance in court Monday.Abedini is also charged with providing material support to a foreign terrorist organization, Irans Islamic Revolutionary Guard Corps, and was arrested Monday in Italy.Todays arrests demonstrate that the Justice Department will hold accountable those who enable the Iranian regime to continue to target and kill Americans and undermine the national security of the United States, Attorney General Merrick Garland said in a news release.CNN has reached out to attorneys for Sadeghi for comment. It was not immediately clear whether Abedini has an attorney.According to the DOJ news release, the two men worked to evade U.S. sanctions by sending U.S. technology from the Massachusetts-based microelectronics manufacturer that Sadeghi works for to Abedinis Iranian company that manufactures navigation modules used in the IRGCs military drone program.Three U.S. Army soldiers were killed and more than 30 service members were injured in a drone attack on a small U.S. outpost in Jordan in January, U.S. officials told CNN, the first time U.S. troops were killed by enemy fire in the Middle East since the beginning of the Gaza war. Iran has denied any involvement in the attack on the outpost, Tower 22.An FBI analysis of the drone, which was recovered from the site of the attack, found that it used a navigation system made by Abedinis company, according to the release.CNN has reported that the enemy drone followed a different, American drone as it approached the U.S. military outpost along the Syrian border, though it was not immediately clear whether the enemy drone intentionally followed the American one or if it was a coincidence.