Loan Application – Stratia Wire http://stratiawire.com/ Sat, 05 Feb 2022 10:01:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://stratiawire.com/wp-content/uploads/2022/03/stratiawire-icon-120x120.jpg Loan Application – Stratia Wire http://stratiawire.com/ 32 32 Key Changes in Calculation of Best Colleges Ranking 2021 | Morse code: in college rankings https://stratiawire.com/key-changes-in-calculation-of-best-colleges-ranking-2021-morse-code-in-college-rankings/ Tue, 23 Mar 2021 05:31:07 +0000 https://stratiawire.com/key-changes-in-calculation-of-best-colleges-ranking-2021-morse-code-in-college-rankings/ Today marks the release of the 36th edition of the US News Best Colleges ranking. Over the decades, US News has published data on colleges and universities to help prospective students and their families make the important — and costly — decision of where to go to college. Despite changes to metrics — like a […]]]>

Today marks the release of the 36th edition of the US News Best Colleges ranking. Over the decades, US News has published data on colleges and universities to help prospective students and their families make the important — and costly — decision of where to go to college.

Despite changes to metrics — like a greater focus on outcome metrics like graduation rates, retention rates, and social mobility indicators — the mission behind Best Colleges has remained the same. Whether prospective students are looking for best value schools and A-plus schools for B students or want information about campus life and tuition, US News publishes data to help students choose the best school for them.

New this year, US News has made significant changes to the overall ranking methodology, including the introduction of two outcome measures relating to graduate debt, for a total of 17 factors. To make room, US News gave less weight in the rankings to SAT/ACT scores, high school class rankings, and alumni donation rates.

Below are the most significant methodological changes made for the 2021 edition of the Best Colleges Rankings. For a more in-depth explanation, see the article on methodology, and for an even deeper dive into how US News calculated the ranking metrics, see the article on criteria and weightings.

Two new ranking indicators that measure graduate debt have been added to the ranking this year:

  • Total graduate debt. This is the average amount of federal loan debt accumulated among 2019 bachelor’s graduates who took federal loans (weighted at 3%). For non-respondents to the US News financial aid survey, the most recent cohort of median institutional debt of US Department of Education College graduates was adjusted and used instead.
  • Proportion of indebtedness of graduates. This is the percentage of graduates from the class of 2019 who took federal loans (2%). For non-respondents to the US News financial aid survey, the College Scorecard’s most recent institutional cohort of proportion of undergraduate borrowers was adjusted and used in its place.

US News also calculated a new graduate debt rank, which is the combination of the two indebtedness indicators for ranked schools. It provides a benchmark for comparing schools in terms of total graduate debt among those with debt and the proportion of graduates with debt. For top-ranked schools, this means that their recent bachelor’s graduates had relatively little debt and a relatively low proportion of graduating students in debt compared to other schools. This graduate debt ranking is available in each school’s Rankings section on usnews.com.

The weight of the results has increased: Due to the addition of graduate debt, the ranking factors that measure achievement now represent 40% of the ranking, up from 35% last year. The results ranking displayed in each school’s Rankings section on usnews.com is made up of these ranking factors: pass and retention rates; graduation rate return; social mobility; and graduate debt.

Graduation rate performance based on a two-year average: The graduation rate is now based on the average of two cohorts of graduates over six years. For the 2021 edition, it is based on the average of the 2012 and 2013 cohorts. Previously, it was based on the most recent cohort.

Test-blind schools are now ranked: US News ranked schools that did not use the SAT or ACT at all in their admissions decisions in fall 2019. Since the 2008 edition of Best Colleges, blind schools like these- these had been automatically excluded from the general classification and classified as unclassified. Meanwhile, colleges had to either require these exams or be elective tests or flexible texts to be eligible for rank. With this norm now lifted, more than 90 blind schools have been introduced into the rankings.

This change allowed more schools to become eligible for the rank. To ensure valid comparisons, US News also introduced a requirement in this year’s rankings that any college must have reported a six-year graduation rate of full-time first-year undergraduate students in order to be ranked. As a result, there are over 60 schools ranked in the 2021 edition compared to the previous edition.

Changes to the faculty salary indicator: Faculty salary is weighted at 7% and reflects the average full-time faculty salary for assistant, associate, and full-time faculty during the 2019-2020 academic year, as defined by the American Association of University Professors. This is a change from previous rankings, which used a two-year average of wages and non-wage compensation in the rankings.

Less weight given to student and alumni excellence giving: Student excellence has been reduced to 7% in the rankings from 10% previously. To make this change, US News reduced the weight of the two factors that are part of it. For the 2021 edition, US News reduced the weight of the standardized SAT/ACT tests to 5% (7.75% previously) and reduced the weight of the high school class to 2% (2.25% previously) compared to overall school scores. The weight of alumni donations has been reduced to 3% (5% previously) compared to the general ranking of each school.

New weights and ranking indicators applied to the ranking of historically black colleges and universities: For the 2021 HBCU rankings, US News also applied changes to the overall rankings, including the addition of the two graduate debt indicators and the reduction in emphasis on student excellence and alumni giving. Weight was also increased on social mobility and reduced on HBCU peer review.

New Undergraduate Computer Science Rankings: Computer Science is one of the largest and fastest growing majors in higher education today. For the first time, US News ranked 481 undergraduate computer science schools and departments. The ranking is based solely on judgments of academic quality noted by deans and senior faculty of peer-reviewed computer science schools and departments. In addition, US News also published rankings of computer science specialties in these nine key areas: artificial intelligence, bioinformatics/bioinformatics/biotechnology, computer systems, cybersecurity, data analysis/science, mobile/web applications, programming languages, software engineering and theory. .

New ranking of undergraduate business specialties: For the first time, US News has ranked business analytics, a growing offering in business schools.

New ranking indicator in the Best Value Schools methodology: By design, the best value schools ranking emphasizes affordability for students who may be eligible for need-based aid. The 2021 edition introduced a new ranking indicator, contributing 20% ​​to a college or university’s best value schools ranking, which incorporates the proportion of students who received need-based aid who received at least some of it in the form of grants and scholarships, as opposed to loans.

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Capitol attack forces confront radical right-wing political factions https://stratiawire.com/capitol-attack-forces-confront-radical-right-wing-political-factions/ Tue, 23 Mar 2021 05:31:07 +0000 https://stratiawire.com/capitol-attack-forces-confront-radical-right-wing-political-factions/ William Brangham: The more the video appears, the clearer it becomes just how violent last week’s crowd was at the United States Capitol. In a crowd carrying flags that declared their support for the police, many Capitol residents last Wednesday walked towards the police with dangerous and deadly intent. Among the crowd were also many […]]]>

William Brangham:

The more the video appears, the clearer it becomes just how violent last week’s crowd was at the United States Capitol.

In a crowd carrying flags that declared their support for the police, many Capitol residents last Wednesday walked towards the police with dangerous and deadly intent. Among the crowd were also many wearing or wearing the insignia of a litany of extremist neo-Nazi and conspiratorial groups in America.

There were several images about QAnon, the conspiracy theory that believes a cabal of Democrats and wealthy elites are secretly running a child sex trafficking ring, one that President Trump is quietly working to destroy.

There were members of the 3 Percenters in the Oath Keepers, both among the many armed militant anti-government groups in the country. There were various neo-Nazi and anti-Semitic symbols. They are members of the violent hate group the Proud Boys flashing their white supremacist OK hand sign.

In the aftermath of the attack, many of the biggest social media and internet companies have sought to crack down on those the companies believe are encouraging online violence. YouTube has begun removing livestreamed videos of the violence on Capitol Hill.

Facebook said it took several forums offline, including one with thousands of members who, before Wednesday’s riot, posted the home addresses of federal judges and politicians, often accompanied by images of guns. and weapons. Facebook blocked the president from posting on his page.

CEO Mark Zuckerberg justified the ban by saying – quote – “We believe the risks of allowing the President to continue using our service during this time are simply too great.”

After some back and forth, Twitter permanently took the president’s account offline and deleted all of his prior posts. In a statement, the company said – quote – “After careful consideration of recent tweets from @realDonaldTrump and the context surrounding them, we have permanently suspended the account due to the risk of further incitement to violence.

These moves by the social media giants were applauded by some, although many said it was far too late. Many conservatives, meanwhile, have cried foul, alleging censorship against their political views.

The social media app known as Parler, which was created to be a conservative alternative to Twitter, has grown in popularity in recent weeks. It has become not only an organizing platform for last week’s Capitol protest, but also full of numerous calls for violence and chaos.

Apple and Google have both removed Speak from their app stores. And then yesterday Amazon, which hosted Parler on its cloud web servers, took the app offline, citing its inability to cut down on violent language and images.

Last night Parler’s website and app were down. And, today, Parler announced a lawsuit against Amazon, accusing the tech giant of trying to stifle competition.

To learn more about these extremist groups and whether these moves by tech companies will help, I’m joined by Cynthia Miller-Idriss. She is a professor at the American University. And she leads the school’s Polarization and Extremism Research and Innovation Lab. And by JM Berger. He is the author of several books, including “Extremism”. He has conducted research and training on local terrorism, online extremism and how to counter it.

Thank you both very much for being here.

JM Berger, you first.

If you were – help us understand the magnitude of the presence that we know these extremist groups were at Wednesday’s rally, that is, if you could show that you removed them from the chessboard – I don’t mean stop them, but I mean magically remove the circumstances – would Wednesday have been a different day?

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Opening of the phase 3 trial of the experimental COVID-19 vaccine from Novavax https://stratiawire.com/opening-of-the-phase-3-trial-of-the-experimental-covid-19-vaccine-from-novavax/ Tue, 23 Mar 2021 05:31:06 +0000 https://stratiawire.com/opening-of-the-phase-3-trial-of-the-experimental-covid-19-vaccine-from-novavax/ Press release Monday, December 28, 2020 The NIH and BARDA-funded trial will enroll up to 30,000 volunteers. The Phase 3 trial of another experimental coronavirus disease 2019 (COVID-19) vaccine has begun enrolling adult volunteers. The randomized, placebo-controlled trial will enroll approximately 30,000 people at approximately 115 sites in the United States and Mexico. It will […]]]>

Press release

Monday, December 28, 2020

The NIH and BARDA-funded trial will enroll up to 30,000 volunteers.

The Phase 3 trial of another experimental coronavirus disease 2019 (COVID-19) vaccine has begun enrolling adult volunteers. The randomized, placebo-controlled trial will enroll approximately 30,000 people at approximately 115 sites in the United States and Mexico. It will assess the safety and efficacy of NVX-CoV2373, a candidate vaccine developed by Novavax, Inc., of Gaithersburg, Maryland. Novavax is leading the trial as a regulatory sponsor. The National Institute of Allergy and Infectious Diseases (NIAID), which is part of the National Institutes of Health, and the Biomedical Advanced Research and Development Authority (BARDA), which is part of the US Department of Health and Human Services Office of the Assistant Secretary for Preparedness and Response, fund the trial.

“Dealing with the unprecedented COVID-19 health crisis has required extraordinary efforts from government, academia, industry, and the community,” said NIAID Director Anthony S. Fauci. MD. “The initiation of this study – the fifth COVID-19 vaccine candidate to be tested in a Phase 3 trial in the United States – demonstrates our commitment to ending the pandemic through the development of several safe and effective vaccines.

The trial is being conducted in conjunction with Operation Warp Speed ​​(OWS), a multi-agency collaboration overseen by HHS and the Department of Defense that aims to accelerate the development, manufacture, and distribution of medical countermeasures for COVID-19. Some of the participating U.S. trial sites are part of the NIAID-supported COVID-19 Prevention Network (CoVPN). The CoVPN includes existing NIAID-supported clinical research networks with infectious disease expertise and was designed for rapid and thorough evaluation of candidate vaccines and monoclonal antibodies to prevent COVID-19.

Volunteers will be asked to give their informed consent before participating in the trial. They will be grouped into two cohorts: those aged 18 to 64 and those aged 65 and over, with the aim of recruiting at least 25% of all volunteers aged 65 or over. Trial organizers are also emphasizing recruitment of people who are at higher risk of severe COVID-19 disease, including those who are black (including African American), Native American or of Latino descent. or Hispanic, and people who have underlying health conditions such as obesity, chronic kidney disease, or diabetes.

“We’ve come so far, so fast, but we need to get to the finish line,” said NIH Director Francis S. Collins, MD, Ph.D. “It will take multiple vaccines using different approaches to ensure that everyone is safely and effectively protected against this deadly disease.”

After providing a baseline nasopharyngeal and blood sample, participants will be randomly assigned to receive an intramuscular injection of either the experimental vaccine or a saline placebo. The randomization will be in a 2:1 ratio with two volunteers receiving the experimental vaccine for each one receiving a placebo. Because the trial is blinded, neither the investigators nor the participants will know who is receiving the candidate vaccine. A second injection will be given 21 days after the first.

Participants will be monitored closely for potential side effects from the vaccine and will be asked to provide blood samples at specific times after each injection and over the following two years. Scientists will analyze blood samples to detect and quantify immune responses to SARS-CoV-2, the virus that causes COVID-19. It should be noted that specialized tests will be used to distinguish between immunity resulting from natural infection and vaccine-induced immunity. The primary endpoint of the trial is whether NVX-CoV2373 can prevent symptomatic COVID-19 disease seven or more days after the second injection compared to placebo.

Novavax’s experimental vaccine, NVX-CoV2373, is made from a stabilized form of the coronavirus spike protein using the company’s recombinant protein nanoparticle technology. The purified protein antigens contained in the vaccine cannot replicate and cannot cause COVID-19. The vaccine also contains a proprietary adjuvant, MatrixM™. Adjuvants are additives that enhance the desired responses of the immune system to the vaccine. NVX-CoV2373 is administered in liquid form and can be stored, handled, and dispensed at temperatures above freezing (35° to 46°F). A single dose of vaccine contains 5 micrograms (mcg) of protein and 50 mcg of adjuvant.

In animal tests, the NVX-CoV2373 vaccination produced antibodies that prevented the coronavirus spike protein from binding to cell surface receptors targeted by the virus, thereby preventing viral infection. In the results of a phase 1 clinical trial published in the New England Journal of Medicine, NVX-CoV2373 was generally well tolerated and elicited higher antibody levels than seen in blood samples taken from people who had recovered from clinically significant COVID-19. NVX-CoV2373 is also being evaluated in a phase 2b trial in South Africa, now fully recruited with 4,422 volunteers, and data from a continuation phase 1/2 trial in the United States and Australia are expected as early as the first quarter of 2021. Novavax has also recently completed enrollment of more than 15,000 volunteers in a phase 3 trial of the candidate vaccine in the UK, which is also testing two injections of 5 mcg of protein and 50 mcg of Matrix-M adjuvant given 21 days apart.

An independent Data and Safety Monitoring Board (DSMB) will provide oversight to ensure the safe and ethical conduct of the study. All phase 3 clinical trials of candidate vaccines supported by OWS are overseen by a common DSMB developed in consultation with the NIH Accelerating COVID-19 Therapeutic Interventions and Vaccines (ACTIV) initiative.

Adults interested in participating in this study can visit Coronaviruspreventionnetwork.org, Novavax.com/PREVENT-19, or ClinicalTrials.gov and search for identifier NCT04611802.

About the COVID-19 Prevention Network: The COVID-19 Prevention Network (CoVPN) was created by the National Institute of Allergy and Infectious Diseases (NIAID) of the US National Institutes of Health in response to the global pandemic. Through CoVPN, NIAID is leveraging the infectious disease expertise of its existing research networks and global partners to address the urgent need for SARS-CoV-2 vaccines and antibodies. CoVPN will work to develop and conduct studies to ensure rapid and thorough evaluation of vaccines and antibodies for the prevention of COVID-19. The CoVPN is headquartered at the Fred Hutchinson Cancer Research Center. For more information on CoVPN, visit: coronaviruspreventionnetwork.org.

About HHS, ASPR, and BARDA: HHS strives to improve and protect the health and well-being of all Americans, providing effective health and human services and promoting advances in medicine, public health, and human services. ASPR’s mission is to save lives and protect Americans from 21st century health security threats. Within ASPR, BARDA invests in innovation, advanced research and development, acquisition and manufacturing of medical countermeasures – vaccines, drugs, therapeutics, diagnostic tools and non-pharmaceutical products needed to combat health security threats. To date, BARDA-supported products have obtained 55 FDA approvals, licenses or clearances. To learn more about federal support for the national response to COVID-19, visit www.coronavirus.gov.

About Operation Warp Speed: OWS is a partnership between components of the Department of Health and Human Services and the Department of Defense, engaging with private companies and other federal agencies, and coordinating existing efforts across HHS to accelerate the development, manufacture and distribution of COVID-19 vaccines, therapeutics and diagnostics.

About the National Institute of Allergy and Infectious Diseases: NIAID conducts and supports research—at the NIH, in the United States, and around the world—to study the causes of infectious and immune-mediated diseases and to develop better ways to prevent, diagnose, and treat these diseases. Press releases, fact sheets, and other NIAID-related materials are available on the NIAID website.

About the National Institutes of Health (NIH):The NIH, the country’s medical research agency, comprises 27 institutes and centers and is part of the US Department of Health and Human Services. The NIH is the primary federal agency that conducts and supports basic, clinical, and translational medical research, and studies the causes, treatments, and cures for common and rare diseases. For more information about the NIH and its programs, visit www.nih.gov.

NIH…Transforming Discovery into Health®

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Indiana Catholic priest suspended for comparing Black Lives Matter to ‘maggots’ https://stratiawire.com/indiana-catholic-priest-suspended-for-comparing-black-lives-matter-to-maggots/ Tue, 23 Mar 2021 05:31:05 +0000 https://stratiawire.com/indiana-catholic-priest-suspended-for-comparing-black-lives-matter-to-maggots/ A bishop on Wednesday suspended a Catholic priest from suburban Indianapolis from the public prosecutor’s office for comparing the Black Lives Matter movement and its organizers to “maggots and parasites” in a recent church bulletin. Bishop Timothy Doherty of the Diocese of Lafayette-in-Indiana filed a lawsuit against the Rev. Theodore Rothrock of St. Elizabeth Seton […]]]>

A bishop on Wednesday suspended a Catholic priest from suburban Indianapolis from the public prosecutor’s office for comparing the Black Lives Matter movement and its organizers to “maggots and parasites” in a recent church bulletin. Bishop Timothy Doherty of the Diocese of Lafayette-in-Indiana filed a lawsuit against the Rev. Theodore Rothrock of St. Elizabeth Seton Catholic Church in Carmel over comments the pastor wrote in the weekly newsletter on Sunday.

“The only lives that matter are their own and the only power they seek is their own,” Rothrock wrote. “They are wolves in wolf disguise, masked thieves and bandits, seeking only to devour the lives of the poor and profit from the fear of others. They are maggots and parasites at best, feeding on l isolation from addiction and broken families, and offering to replace any current frustration and anxiety with more misery and more resentment.”

The diocese expressed its “pastoral concern for the affected communities” in a statement posted on its website.

“The suspension provides the bishop with an opportunity for pastoral discernment for the good of the diocese and for the good of Father Rothrock. Various possibilities for his public continuation in priestly ministry are being considered, but he will no longer be appointed parish priest of Notre-Dame . of Mount Carmel. Deacon Bill Reid will serve as trustee of St. Elizabeth Seton, the statement read.

Ashten Spilker, the co-founder of Carmel Against Racial Injustice, told CBS affiliate WTTV that Rothrock’s message “was one of the most hateful things I’ve read in my life.” The group plans to demonstrate outside the church on Sunday.

Rothrock was to take over as pastor of Our Lady of Mount Carmel next month.

Rothrock apologized Tuesday night in a message sent to parishioners and later posted on the church’s website, WTTV reported.

“It was not my intention to offend anyone, and I’m sorry my words hurt anyone,” Rothrock wrote.

The Church must condemn bigotry, which is “part of the fabric of our society”, he wrote.

“We must also be fully aware that there are those who twist the gospel for their own misguided ends,” Rothrock wrote. “People are afraid, as I pointed out, rather badly I admit, that there are some who feed off of that fear to foster more fear and division.”

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Where is the COVID-19 help for the self-employed? https://stratiawire.com/where-is-the-covid-19-help-for-the-self-employed/ Tue, 23 Mar 2021 05:31:05 +0000 https://stratiawire.com/where-is-the-covid-19-help-for-the-self-employed/ Update: For many states, Pandemic Unemployment Assistance, which the self-employed are now eligible for through the end of July, is still not available. Per Vox: “Washington, Massachusetts, Georgia, and Alabama are among the states that are already accepting PUA applications, but many other states have yet to announce dates when their program will be up […]]]>

Update: For many states, Pandemic Unemployment Assistance, which the self-employed are now eligible for through the end of July, is still not available.

Per Vox: “Washington, Massachusetts, Georgia, and Alabama are among the states that are already accepting PUA applications, but many other states have yet to announce dates when their program will be up and running. be filed by the workers.

The best way to find out how to apply for your state’s PUA program—what the status is—is to visit your state’s unemployment website.


For the self-employed, the path to obtaining lost work benefits due to the COVID-19 pandemic is particularly confusing. This includes people who receive income reported on federal 1099 forms, independent contractors, freelancers, gig workers — and sole proprietors who are themselves their one and only employee.

Brooke Wetzel runs her own florist business in Los Angeles. She works alone and since mid-March she has had no orders or income. She sought help from federal and state programs.

“The information is super confusing,” Wetzel said. “We are applying for this, we are not eligible for this or that.”

She applied for unemployment, but received a letter in the mail saying her “reward was zero”.

The self-employed are eligible for new federal pandemic unemployment benefits, but California’s website says people can’t apply until later this month.

The Congressional Paycheck Protection Program gives small businesses loans that can be forgiven if the money is used to continue paying employees.

This program ran out of money last week. But Katie Vlietstra of the National Association of the Self-Employed says if the Paycheck Protection Program is funded again, the self-employed will be eligible.

“If you use it for payroll and incidentals, you’ll be forgiven for that,” Vlietstra said.

But, she adds, business owners should document every penny they spend on salary and expenses, just in case.

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Dr. Fauci Thinks Brad Pitt ‘Did Right’ By Impersonating Him On ‘Saturday Night Live’ https://stratiawire.com/dr-fauci-thinks-brad-pitt-did-right-by-impersonating-him-on-saturday-night-live/ Tue, 23 Mar 2021 05:31:04 +0000 https://stratiawire.com/dr-fauci-thinks-brad-pitt-did-right-by-impersonating-him-on-saturday-night-live/ Dr. Anthony Fauci saw her face on t-shirts, bobblehead dolls, and even donuts — but you know you’ve become a pop culture icon when “Saturday Night Live” does a skit about you. And Fauci was thrilled to see he wasn’t being represented by just anyone – Brad Pitt played it in last Saturday’s episode. In […]]]>

Dr. Anthony Fauci saw her face on t-shirts, bobblehead dolls, and even donuts — but you know you’ve become a pop culture icon when “Saturday Night Live” does a skit about you. And Fauci was thrilled to see he wasn’t being represented by just anyone – Brad Pitt played it in last Saturday’s episode.

In an interview with Telemundo, the 79-year-old director of the National Institute of Allergy and Infectious Diseases reacted to the portrayal of the 56-year-old idol. “I think he played well. I mean, I’m a big fan of Brad Pitt, and that’s why when people ask me who I’d like to play with me, I mention Brad Pitt because he’s one of my favorite actors.” Fauci said.

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Dr. Fauci Thinks Brad Pitt ‘Did Right’ By Impersonating Him On ‘Saturday Night Live’

“He showed he really was a class actor when at the end he took his hair off. [wig] and he thanked me and all the healthcare workers, Fauci continued. “So not only is he a really good actor, but he’s actually a really classy person.”

In the cold open Saturday show, Pitt wore a gray wig and glasses to look like Fauci and mimicked the doctor’s thick New York accent. Pitt, as Fauci, joked about women sending him flattering emails and ostensibly corrected the things President Trump said. As a member of the White House coronavirus task force, Fauci appears alongside Mr. Trump at numerous meetings and press briefings, and their messages clashed sometimes.

At the end of the skit, Pitt came out of character and thanked Fauci for his “calm and clarity during this unsettling time”, and then expressed his gratitude to all Americans. frontline workers.


Dr. Anthony Fauci Cold Open – SNL through
Saturday Night Live on Youtube

Pitt was a natural choice to play Fauci – the doctor himself said in a previous interview that he would like to see the actor portray him.

“SNL” is known for its celebrity cameos, and Pitt wasn’t the only surprise appearance on Saturday’s episode — Charles Barkley and DJ Khaled also appeared in a skit.

Like the rest of the episode, the cold open was not filmed in the studio or with an audience due to social distancing guidelines. It was the second episode the cast produced from home.

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Tulsa Responds Task Force securing COVID-19 relief funds for small businesses and nonprofits https://stratiawire.com/tulsa-responds-task-force-securing-covid-19-relief-funds-for-small-businesses-and-nonprofits/ Tue, 23 Mar 2021 05:31:04 +0000 https://stratiawire.com/tulsa-responds-task-force-securing-covid-19-relief-funds-for-small-businesses-and-nonprofits/ Posted on 04/08/2020 | Reading time 4 min 21 s TULSA, Oklahoma. — The Tulsa Economic Development Corporation (TEDC), in partnership with City of Tulsa, George Kaiser Family Foundation (GKFF), Tulsa Community Foundation and Attention Capital, have come together to form the Tulsa Responds Task Force to help small businesses and nonprofits in Tulsa apply […]]]>

Posted on 04/08/2020 | Reading time 4 min 21 s

TULSA, Oklahoma.The Tulsa Economic Development Corporation (TEDC), in partnership with City of Tulsa, George Kaiser Family Foundation (GKFF), Tulsa Community Foundation and Attention Capital, have come together to form the Tulsa Responds Task Force to help small businesses and nonprofits in Tulsa apply for financial assistance from federal, state, and local loan programs in response to COVID-19.

“The goal of the Tulsa Responds Task Force is to help organizations successfully apply for relief funding. We are here to help Tulsa bounce back as quickly as possible by guiding local small businesses and nonprofits through the various assistance programs,” said Rose Washington, CEO of Tulsa Economic Development Corporation. “The number of loans available is limited, so we want to help as many Tulsans access the resources and receive the help they need to get through these difficult times.”cropped-Screen-Shot-2020-02-24-at-4.02.05-PM-1.pngThe Tulsa Responds Task Force helps organizations and nonprofits with less than 500 employees by providing resources to better understand relief options, preparing financial information for loan applications, and/or providing links with financial institutions and bankers.

“Everyone I’ve spoken to so far is so grateful and truly relieved to receive a call and support through the loan application process,” said Tulsa Responds navigator Pamela Amburgy. “One contestant in particular, who owns a local catering business, told me how she had donated her entire food inventory to provide meals for families in need. She was happy to hear that the Tulsa Responds Task Force cared about her and her business and that she would be applying for EIDL, PPP, and the Tulsa Business Resilience and Recovery Fund.

See also

At 113, the NAACP seeks to evolve for a younger generation

Tulsa Responds Navigators have been working around the clock to support the candidates. Since launching the website on April 1, the Tulsa Responds team has received over 700 inquiries. Within 48 hours, all potential loan applicants were contacted personally by a Navigator. While there is no guarantee that organizations and businesses will receive funding, the Tulsa Responds Task Force is committed to providing support to navigate the application process.

“GKFF is pleased to support the Tulsa Responds effort with assistance with the technical side of navigating the variety of stimulus funds,” said Suzanne Schreiber, senior program manager at the George Kaiser Family Foundation. “Understanding what funds are available and submitting quality fund applications is critical to Tulsa’s economic recovery and aligns well with our efforts to create a vibrant and inclusive Tulsa.”

The Tulsa Responds Task Force team will help businesses and nonprofits take advantage of available federal, state, and local programs for which they are eligible, including but not limited to the Protection Program SBA Payroll Loan, SBA Economic Disaster Loan (EIDL), CARES Law Paycheck Protection Loans Program (PPP), and Tulsa Business Resilience and Recovery Fund.

Screenshot 2020-03-05 at 8.56.50 AM

“During the COVID-19 outbreak, small business owners and employers in Tulsa have closed their doors in order to save the lives of our neighbors. The creation of the Resilience and Recovery Fund is helping to provide immediate assistance to our entrepreneurs and businesses until more funds are available at the federal level,” said Tulsa Mayor GT Bynum. “I would like to thank our partners, GKFF and TEDC, for their continued collaboration and support of the Tulsa community during these trying times.”

See also

Letitia James suspends her campaign to become governor of New York

Qualifying organizations can complete a form at tulsareponds.org. A member of the Tulsa Responds Task Force team will contact applicants by phone or email to discuss available financial options.

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Autonomous Trucking Startups Raise Millions in PPP Loans https://stratiawire.com/autonomous-trucking-startups-raise-millions-in-ppp-loans/ Tue, 23 Mar 2021 05:31:03 +0000 https://stratiawire.com/autonomous-trucking-startups-raise-millions-in-ppp-loans/ TuSimple, Kodiak Robotics among self-driving vehicle startups that received at least $1 million from government bailout The decision to take government money has created a rift in the tech startup community Some of the biggest names in self-driving trucking were among the companies that received a loan of more than $150,000 from the federal Paycheck […]]]>
  • TuSimple, Kodiak Robotics among self-driving vehicle startups that received at least $1 million from government bailout
  • The decision to take government money has created a rift in the tech startup community

Some of the biggest names in self-driving trucking were among the companies that received a loan of more than $150,000 from the federal Paycheck Protection Program (PPP).

Leading self-driving trucking company TuSimple, with offices in the United States and China, received a loan of between $2 million and $5 million. The startup, which last week announced an ambitious initiative to build an autonomous freight network, has used the funds to preserve more than 300 jobs in the United States, it said in a statement emailed to Freight Waves.

“TuSimple has faced difficult challenges brought on by COVID and incurred additional costs to operate the business,” the statement said. “Small Business Association (SBA) funds have ensured that TuSimple’s more than 300 U.S. employees are not impacted by layoffs, furloughs, pay cuts, or any changes to their health care benefits. “

Trucking and PPP

The SBA released a list of more than 660,000 PPP loans over $150,000 on Monday, though not all companies approved for a loan accepted it. (More than 3,200 trucking companies were on that list.) The disclosures come as Democrats have called for greater transparency around PPP funds established under the $2 trillion CARES Act, approved this spring.

Another autonomous trucking company on the list, Kodiak Robotics, received a loan of between $1 million and $2 million.

“We, like thousands of our colleagues in the logistics industry, are grateful to the Small Business Administration for its assistance during this incredibly uncertain time,” CEO Don Burnette said in a statement to FreightWaves.

The company said the PPP loan application was approved after Kodiak made the decision to make layoffs in April.

The main objective of the PPP subsidy program was to avoid layoffs. The loans are forgivable if at least 60% of the funds are used to retain staff who would otherwise be laid off due to the coronavirus economic downturn.

Neither Kodiak nor TuSimple have disclosed the exact amount of their loans.

Ethical dilemma

The decision to take out a government bailout has created a rift in the tech startup community. Taking advantage of the SBA program is a smart business decision, according to many. Others questioned whether venture-backed businesses, many of which are losing money, should take out loans while smaller brick-and-mortar businesses, such as hair salons and restaurants, which don’t have access to investors, do without.

That’s the position of Ike, another startup aiming to automate long-haul trucking. Ike announced layoffs in April but did not apply for a PPP loan, CEO Alden Woodrow told FreightWaves.

“We have spent our capital prudently and have cash for several years of continued development,” he said.

“After careful consideration, we concluded that the PPP was intended to help small American businesses survive today’s economic challenges, and that it was not in the spirit of the program to support a capital-backed startup. risk in our position.”

Of the startups racing to be the first to put a big, self-driving truck on the road, TuSimple has some of the deepest pockets. The company raised $95 million last fall, breaking the “unicorn” barrier. A unicorn refers to a private startup valued at over $1 billion.

TuSimple declined to comment on a report in TechCrunch last week that the company was seeking an additional $250 million in venture capital.

In its statement, the company said its employees have “proudly provided” essential services during COVID-19.

“On behalf of our customers, Arizona Food Bank Network, UPS, Faribault Foods, McLane and others, TuSimple provides essential food and medical supplies to those in need. The U.S. Department of Transportation has deemed us and our customers “Essential Critical Infrastructure Workers” in their emergency order to keep the country’s supply chain running.”

Beneficiaries of transport technology

Other big names in autonomous mobility have also received PPP loans. Velodyne, a leading manufacturer of light detection and ranging (LiDAR), received a loan in the range of $5-10 million to retain 450 jobs.

LiDAR maker Aeye received between $2 million and $5 million to preserve 85 jobs.

Jhis story will be updated.

Click here for more articles from Linda Baker.

Related stories:

TuSimple Launches “5G Network” for Autonomous Trucking

Kodiak Robotics lays off 20% of its staff

Butter in tow, Plus.ai completes commercial freight journey across the country

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Launch of the UK Grand Outdoor Café campaign https://stratiawire.com/launch-of-the-uk-grand-outdoor-cafe-campaign/ Tue, 23 Mar 2021 05:31:02 +0000 https://stratiawire.com/launch-of-the-uk-grand-outdoor-cafe-campaign/ Alan Lorrimer, founder of The Piano Works concert venues, is asking operators across the country to support Britain’s Grand Outdoor Café campaign, which is calling on the government to issue a directive granting local authorities temporary deregulation to allow tables and chairs apart from existing hospitality. companies. The idea is similar to an initiative in […]]]>

Alan Lorrimer, founder of The Piano Works concert venues, is asking operators across the country to support Britain’s Grand Outdoor Café campaign, which is calling on the government to issue a directive granting local authorities temporary deregulation to allow tables and chairs apart from existing hospitality. companies.

The idea is similar to an initiative in the Lithuanian capital Vilnius, which has temporarily donated public spaces to its restaurants and bars to help them adhere to physical distancing rules.​​

UK Grand Outdoor Café will also have a fundraising feature which will allow the public to purchase food and drink vouchers for frontline workers which can be used at UK Grand Outdoor Café sites.

The campaign plans to call for operators to be given the option to extend their current license terms and trading hours at no additional cost charged alongside the relaxation of zoning regulations until September so that selected spaces become designated pedestrian zones. .

Operators who have shown support include The Breakfast Club, St Austell Brewery, Albion and East, Corazon and Poppies, but Lorrimer says the campaign will need wider support to gain government buy-in.

Lorrimer says many restaurants, cafes and bar operators will struggle to survive if they reopen with reduced capacity due to physical distancing regulations.

“We have so far two The Piano Works concert venues in Farringdon and the West End with a capacity of 400, non-stop, at the request of the public, and at present we are totally dependent on the government for our survival,” says Lorrimer.

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The three pillars of an open finance philosophy https://stratiawire.com/the-three-pillars-of-an-open-finance-philosophy/ Tue, 23 Mar 2021 05:31:02 +0000 https://stratiawire.com/the-three-pillars-of-an-open-finance-philosophy/ In bygone eras, one of the ways to gain competitive advantage was through differentiation; having a superior product or service that is hard to replicate has boosted your relevance in the industry. The concept of openness – to new collaborations, to joint paths to market, to technical transparency – was almost unheard of, as organizations […]]]>

In bygone eras, one of the ways to gain competitive advantage was through differentiation; having a superior product or service that is hard to replicate has boosted your relevance in the industry. The concept of openness – to new collaborations, to joint paths to market, to technical transparency – was almost unheard of, as organizations confined their innovation and attempted to dominate or monopolize markets.

However, from what I see, competitive advantage is moving further and further away from isolated success in today’s digitalized world. Differentiation is difficult to achieve and even more difficult to maintain; one fingerprint recognition solution, for example, can barely be recognizable from the next in terms of function, price and quality. This has shifted competitive advantage to the need to be open – open to working with complementary solution providers, open to as many routes to market as possible, open to third parties adopting your technology to improve and expand its capabilities.

Disruption is therefore less about product innovation itself than about how we consume these products. Our relationship with financial services has changed, not because a deposit account itself has fundamentally changed, but because of how we want to access and consume financial services and our need for convenience.

For banks, however, there is no silver bullet. There are no magic products or extremes in differentiation. A payment service is substantially the same as the following; interest rates on savings accounts rarely differ greatly. So, to succeed sustainably in an increasingly homogeneous market, the banks of the future must open up their culture, their vision and their technology, and adopt what I call the philosophy of open finance.

The philosophy of open finance

In order to achieve long-term success through openness, banks must ensure that their culture, their technology and their commitment to an open financial world – their vision – are all optimized for openness.

1. Culture of open finance

Embracing openness requires as much cultural change in the workplace as it does practical and strategic change. As Tony Robbins said, “If you do what you’ve always done, you’ll get what you’ve always gotten.” This is how the banks have found themselves in this current impasse. Moving forward with an open culture means adopting new behaviors, such as:

• Reward dissenting opinions and bravery, even in the face of failure.

• Create diverse workplaces and teams: multidisciplinary, cross-functional and cross-demographic.

• Create a flexible and inclusive workplace.

• Adopt design thinking to incubate and nurture ideas (90-day sprints, “fail fast”, etc.).

• Demonstrate full board commitment.

An open culture creates a collaborative mindset which, in turn, sparks curiosity and the courage to look outside for innovation and benefit.

I have seen with my own eyes the power of co-development. Twenty years ago, it might have been the customer, a strategy team, and a whiteboard; today, there are customer-specific innovation sprints and hackathons that encourage participation from the entire ecosystem: customers, suppliers, partners, and the developer world. This outside-in approach generates broader opportunities such as partnerships, joint proposals, co-development and an ecosystem mindset, in which the goal is sustained, combined, not an isolated success.

2. Open Funding Platform and Technology

The second pillar of support is open technology and platform. Starting out in developer work, today open platforms and open application programming interfaces (APIs) power the financial world, providing the foundation for groundbreaking bank-fintech (financial technology) partnerships and l architecture to literally plug in innovation.

Like Etsy or Airbnb, platforms connect producers and consumers, easily and on a global scale. Financial services are migrating to the platform, in part due to the EU’s Open Banking Directive which required banks to open up to fintech providers through APIs in order to offer choice to customers and drive competetion. Once integrated into an open platform, banks can take advantage of capabilities such as cybersecurity solutions and complementary services such as insurance and bill payment.

(Full disclosure: Finastra is a fintech company offering open banking solutions.)

3. Open financial vision

The last pillar is the vision of open finance. Millennials and Generation Z place greater importance on factors such as a brand’s purpose, ethics, and sustainability than previous generations. The relevance of a bank now dictates a broader vision of success and the courage to realize that the future is open and collaborative. It’s not enough to be a follower in the market and try to replicate the success of others in product lines or approaches; banks must look for new ways to innovate that have broader positive social and economic impact.

As opportunities for diversification dwindle, a bank must look to the horizon and ask itself:

• How can we create a sustainable business that empowers communities and employees?

• How is our business model creating new opportunities for financial inclusion and the broader digital economy?

• How are we opening up to leverage the financial ecosystem to better serve our customers, better protect our future, and unlock the potential of tomorrow’s small businesses, innovators and entrepreneurs?

There is no compromise between individual success and global sustainability. And banks can play both the role of partner and collaborator in this open ecosystem. The majority of innovation happens outside the walls of an organization, so leveraging external innovation found within the wider network can bring not just new products and services, but new partnerships that together can respond to the broader societal agenda and lead to powerful change.

Banks are able to choose the future role they want to play, whether they want to commoditize (strip and provide data), be a partner (join forces with fintechs to expand their capabilities) or become a place of market (creating and monetizing new innovations through co-development with third parties). Only their open finance philosophy – their culture, their vision and their technology – can determine the future role they see themselves playing.

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