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NY Fund Plans to Pioneer AI-Assisted Mini Venture Capital for Small Businesses, Targets $1B in Multi-Series Fund Launch

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Launching this year, Vector Capital’s Mini VC aims to mobilize $1B for 100,000 mom-and-pops, revolutionizing funding with a historic first.

NEW YORK, Oct. 1, 2024 /PRNewswire/ — Vector Capital Solutions, a leader in AI-powered financial solutions, announces its upcoming Mini Venture Capital Program, an innovative funding model designed to tackle the systemic inefficiencies in capital markets and provide sustainable growth opportunities for small businesses. The program introduces equity funding with initial investments starting at $10,000, specifically targeting small businesses historically left out of venture capital opportunities. The firm also plans to raise $1 billion in multiple private equity funds, with the first round beginning in October 2024 and a target completion date by June 30, 2025.

The 400-Year-Old Problem: Capital Market Inefficiencies

“Traditional capital markets, while over 400 years old, have largely remained stagnant,” says Levy Alexandre, CEO of Vector Capital Solutions. “The only significant reform, which was reactionary, came in 1930, following the Great Depression. Since then, the system has operated with inefficiencies that continue to disenfranchise the little guy—small businesses and micro entrepreneurs. While large corporations may still feel some impact at the macro level, it’s Main Street that shoulders the brunt of these inefficiencies, left to pick up the tab while being excluded from meaningful access to capital.”

Many small businesses struggle with cash flow, compounded by capital markets that operate in silos and favor large players. “The problem isn’t just about access to capital; it’s also about how capital is managed,” adds Levy Alexandre. “Main Street businesses tend to treat cash as an asset rather than a tool to manage underlying value of other assets. This creates short-term decisions and leaves them exposed to unsustainable financial models.”

The Solution: Mini Venture Capital Program

The Mini Venture Capital Program is a revolutionary model that addresses these systemic issues. With a focus on providing equity investments starting much lower than current industry standards, the program aims to offer a low entry barrier for small businesses that otherwise struggle to gain access to traditional venture capital. The firm’s AI-powered platform will allow businesses to better manage their cash flow, make data-driven decisions, and position themselves for long-term growth.

Key innovations of the program include:

Low Entry Barrier: With initial capital requirements starting at $10,000, the program offers a new path to funding for businesses traditionally overlooked by large VC firms.

AI-Assisted Management: Entrepreneurs will have access to a platform powered by AI, which provides real-time insights on cash flow management, operations, and strategic planning.

Industry-Agnostic Approach: The Mini VC program evaluates businesses not just on their current financial standing but on their growth potential, no matter the industry.

Long-Term Focus: Unlike traditional VCs that often prioritize quick exits, Vector Capital Solutions is focused on sustainable, long-term growth, ensuring businesses can thrive over time.

Self-Sustaining Fund Cycle

A key innovation of the Mini VC model is its cyclical funding process. The firm plans to create a self-sustaining fund, where early investors can exit as new investors enter, allowing the business to evolve organically. “Our funds will be cyclical and self-generating, ensuring that the capital flow remains constant and the project continues through various phases of growth,” says Levy Alexandre.

A Comprehensive Ecosystem for Success

In addition to the novel Mini VC program, Vector Capital Solutions plans to integrate educational and operational support through its sister companies. Noikademy will offer ongoing business education, while Sir Levy Consulting will provide comprehensive management and strategic support. This approach ensures businesses not only receive the funding they need but are equipped with the tools and expertise to grow sustainably.

“Our system is about more than just funding,” explains Levy Alexandre. “It’s about empowering businesses to thrive in a constantly evolving financial landscape.”

A Glimpse into the Future

As part of its broader strategy, the firm will launch VectorCaps in November 2024. This AI-assisted Business Capital placement app will allow business owners to receive instant funding decisions and connect to a lending marketplace from their mobile devices. Additionally, Vector Capital Solutions plans to consolidate its six entities under a single holding company by mid-2025 to streamline operations and maximize synergies.

About Vector Capital Solutions

Vector Capital Solutions LLC is a New York-based private equity firm that intends to leverage AI and decades of financial expertise to create revolutionary capital solutions for small and mid-sized businesses. The firm’s mission is to provide long-term sustainability through innovative financial models and comprehensive support systems.

DISCLAIMERS:

Securities offerings are reserved for consideration by Accredited Investors only.

All forward-looking statements should be considered as speculation. Readers are advised to consult a qualified advisor for any consideration.

Media Contact

Vector Capital Solutions LLC

pr@vectorcaps.com

http://www.vectorcaps.com

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SOURCE Vector Capital Solutions LLC

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OneView Expands Omnichannel Store Fulfillment Leadership with Batch Picking, Omni Returns and FindIt

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December 30, 2024

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The solution sets the standard for store fulfillment with associate-optimized work processes to source, pick, pack and deliver omnichannel orders from stores 

BOSTON, Dec. 30, 2024 /PRNewswire/ — OneView Commerce, a leader in composable point of sale and omnichannel store solutions, today announced the launch of new features in their Omnichannel Order Fulfillment suite, including Batch Picking, Omni Returns and FindIt instant inventory location that combine to extend store personnel’s ability to quickly and efficiently manage high-value omnichannel orders. Working with retail innovators, OneView has taken the lead and delivered into production an ultra-modern composable commerce platform that replaces legacy point of sale solutions and provides the agility needed to overcome competitive threats faced by brick-and-mortar retailers. The company is demonstrating the platform, including these new features, at NRF 2025 Retail’s Big Show & EXPO in New York on January 12-14, in booth 4480. 

The store holds tremendous power as the hub of seamless engagement to create long-term brand loyalty

“Since the beginning of the cross-channel into omnichannel movement, we have stood by the principle that the store holds tremendous power as the hub of seamless engagement to create long-term brand loyalty,” said OneView Chief Executive Officer Linda Palanza. “This began with bringing the first retailer-driven omnichannel solution into production within a few months in 2014 and remains today with our continuous delivery of new cloud features that optimize associate and store workflows, empower every store as a warehouse and maximize store efficiency while delighting customers.”

OneView closes 2024 as a highly successful year that included the go-live of multiple retail innovators now managing thousands of retail stores across dozens of countries. OneView’s prioritization of scalability and efficiency in the platform, leveraging the most powerful cloud technologies, is a proven strategy with the platform’s success running complex, highly modern store estates across the globe.

OneView’s Composable Commerce solution, including point of sale, omnichannel fulfillment, real-time store inventory and multichannel promotions, will be shown in Booth 4480 at NRF ’25 at the Jacob Javits Center in New York from January 12-14, 2025.

About OneView Commerce 
OneView Commerce creates the digital pathway to transform store engagement with a composable platform for point of sale, mobility, real-time inventory and omnichannel store fulfillment. By synthesizing data and transaction execution to the ‘omnichannel moment of action,’ OneView empowers digital reach into stores, improves inventory accuracy, reduces out of stocks and provides actionable insight into active baskets with every product scan. Leading retailers use OneView to overcome legacy constraints by unlocking store technology and empowering associates and customers with click-to-brick engagement across the buying journey that drives loyalty and retention. Learn more at www.oneviewcommerce.com or follow us on LinkedIn.

OneView is a trademark of OneView Commerce. All other trademarks belong to their respective companies.

Contact:                                 
Lexy Johnson
OneView Commerce, Inc.                                                                                         
617.279.0549 x716 | pr@oneviewcommerce.com

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SOURCE OneView Commerce, Inc.

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IT Availability Celebrates a Culture of Giving and Highlights Chosen Charities

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43 minutes ago

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December 30, 2024

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VIENNA, Va., Dec. 30, 2024 /PRNewswire/ — IT Availability LLC, a leading provider of innovative technology solutions, is proud to celebrate its ongoing commitment to a culture of giving by highlighting the impactful work of its chosen corporate charities. As the company marks its 10th year of operation, it continues to support and champion organizations that make a significant difference in the lives of many.

Supporting Those Who Make a Difference

At the heart of IT Availability’s corporate culture is a deep commitment to social responsibility and community support. This year, the company proudly supports four remarkable charities: The Shadow Warriors Project, St. Jude Children’s Research Hospital, Tunnel to Towers, and the Central Intelligence Agency Officers Memorial Foundation. Each of these organizations embodies values that resonate deeply with IT Availability’s mission and ethos.

The Shadow Warriors Project

The Shadow Warriors Project provides crucial support to private security contractors who have been injured in the line of duty. Their work ensures that these brave individuals receive the medical care, financial assistance, and emotional support they need to recover and rebuild their lives. IT Availability is honored to support an organization that stands by those who have risked their lives in service to others.

St. Jude Children’s Research Hospital

St. Jude Children’s Research Hospital is renowned for its pioneering research and treatment of pediatric catastrophic diseases. Their mission to advance cures and means of prevention for pediatric catastrophic diseases is a cause that IT Availability is proud to support. By contributing to St. Jude, IT Availability helps ensure that no child is denied treatment based on race, religion, or a family’s ability to pay.

Tunnel to Towers Foundation

The Tunnel to Towers Foundation honors the sacrifice of firefighter Stephen Siller, who laid down his life to save others on September 11, 2001. The foundation supports first responders, military heroes, and their families by providing mortgage-free homes and other forms of financial assistance. IT Availability is privileged to support Tunnel to Towers in their mission to honor and support those who serve our nation.

Central Intelligence Agency Officers Memorial Foundation

The Central Intelligence Agency Officers Memorial Foundation provides educational scholarships and support to the children and spouses of CIA officers who have died in the line of duty. IT Availability is proud to support an organization that ensures the families of fallen heroes receive the educational opportunities and support they deserve.

A Celebration of Generosity at the 2024 Holiday Party

The 2024 Holiday Party at the prestigious Tower Club was a testament to IT Availability’s culture of giving. Attended by over 111 dedicated employees and their loved ones, the event featured a thrilling raffle draw, exciting prizes, and, most importantly, an opportunity to celebrate and support the company’s chosen charities.

Founder and CEO, Chuck Dickens, and his lovely bride, Aew, took the opportunity to capture the spirit of the evening with photographs alongside representatives from each of the supported charities. These images, capturing the essence of IT Availability’s commitment to giving, will serve as a lasting testament to the company’s dedication to its community partners.

A Corporate Culture Rooted in Giving

“At IT Availability, we believe in the power of giving back and making a difference,” said Chuck Dickens, Founder and CEO. “Supporting these incredible organizations is not just about donations; it’s about recognizing and amplifying the good work they do every day. We are immensely proud to be part of a community that values generosity and social responsibility.”

Looking Ahead

As IT Availability continues its journey of growth and success, it remains steadfast in its commitment to fostering a culture of giving. The company looks forward to deepening its partnerships with these charities and exploring new ways to support and celebrate their invaluable contributions to society.

To learn more information about IT Availability and its community initiatives, please visit https://www.itavailability.com/ or contact Chuck Dickens.

About IT Availability LLC

Founded in 2015, IT Availability LLC is an innovative technology firm led by former senior technology executives from the U.S. Intelligence Community. The company specializes in IT enterprise services, cybersecurity, communications solutions, and data center infrastructure and services. With a focus on providing tailored solutions anchored in cutting edge industry practices, IT Availability leverages a vast network of partnerships from across industry and government to ensure innovative outcomes.

Media Contact:

Chuck Dickens
Founder/CEO
IT Availability LLC
cdickens@itavailability.com
571-594-3992
www.itavailability.com

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SOURCE IT Availability

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USPS Stamps Its Approval on Allen Toussaint’s Musical Legacy with 48th Black Heritage Stamp

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43 minutes ago

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December 30, 2024

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WASHINGTON, Dec. 30, 2024 /PRNewswire/ —

What:

The 48th stamp in the Black Heritage series honors the legendary musician and songwriter Allen Toussaint (1938-2015). An icon of New Orleans music, Toussaint’s contributions to rhythm and blues (R&B), jazz, and rock ‘n’ roll have left an enduring mark on American music.

The first-day-of-issue event for the Allen Toussaint Black Heritage stamp is free and open to the public. News of the stamp is being shared with the hashtags #AllenToussaintStamp and #BlackHeritageStamp.

Who:

Gary Barksdale, chief postal inspector, U.S. Postal Inspection Service

Quint Davis, chief executive officer, Festival Productions Inc.

When:

Thursday, Jan. 30, 2025, at 11 a.m. CST

Where:

George and Joyce Wein Jazz & Heritage Center

1225 N. Rampart St

New Orleans, LA 70116

RSVP:

Attendees are encouraged to register at usps.com/blackheritagestamp 

Background:

Music icon Allen Toussaint’s legacy continues to inspire. A prolific pianist, singer, songwriter, composer, arranger and producer, Toussaint left an indelible mark on New Orleans music and beyond.

His legendary career spanned decades, producing countless hits and collaborations with a wide array of artists. From classic songs such as “Fortune Teller” and “Southern Nights” to his behind-the-scenes work, Toussaint’s influence continues to resonate globally.

President Barack Obama recognized Toussaint with the National Medal of Arts in 2013. His previous honors include induction into the Blues Hall of Fame in 2012, the Songwriters Hall of Fame in 2011, the Louisiana Music Hall of Fame in 2009, and the Rock & Roll Hall of Fame in 1998. In 2022, the New Orleans City Council renamed Robert E. Lee Boulevard for Toussaint, who lived on the four-mile-long thoroughfare during the last years of his life.

Ethel Kessler, an art director for USPS, designed the stamp using a photograph by Bill Thompkins.

The Allen Toussaint stamp will be issued in panes of 20. Forever stamps will always be equal in value to the current First-Class Mail 1-ounce price.

Postal Products

Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide. For officially licensed stamp products, shop the USPS Officially Licensed Collection on Amazon. Additional information on stamps, First Day of Issue Ceremonies and stamp inspired products can be found at StampsForever.com.

Please Note: The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to 169 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan, Delivering for America, to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America’s most valued and trusted brands.

The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

For USPS media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on X, formerly known as Twitter; Instagram; Pinterest; Threads and LinkedIn. Subscribe to the USPS YouTube Channel and like us on Facebook. For more information about the Postal Service, visit usps.com and facts.usps.com.

National contact: Felicia M. Lott
felicia.m.lott@usps.gov
usps.com/news

Local contact: Evelina B. Ramirez
evelina.b.ramirez@usps.gov
usps.com/news

 

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SOURCE U.S. Postal Service

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