2010 New Markets Tax Credit (NMTC) Program awards in Baltimore on Thursday, February 24 at 11 a.m.

Can you make this event? If you do please share your experience via comments.

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WASHINGTON, D.C. – February 23, 2011 - Community Development Financial Institutions (CDFI) Fund Director Donna Gambrell and Congressman Elijah Cummings will announce the 2010 New Markets Tax Credit (NMTC) Program awards in Baltimore on Thursday, February 24 at 11 a.m. Eastern Time.
The announcement will be made at Humanim, a not-for-profit organization that provides workfhorce development services to low-income individuals. The CDFI Fund says that Humanim Inc., having benefitted from the NMTC, highlights the effectiveness of the new markets tax credit in leveraging private investment to complete real estate, local business and other development projects in communities with high rates of poverty and unemployment. Four Baltimore-area institutions will receive tax allocations under the program in this NMTC award round.

More information will be available at www.newmarketscredits.com after the awards announcement.

For more information about Novogradac & Company LLP's upcoming events:
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A Foundation Seeking Partnerships

A non-profit foundation is looking for partnerships that would allow them to complete many of the listed initiatives.  Comments are welcome!

New Market Tax Credit: Initiative "The DC"

Investor Wanted Series: Project - Digital Content Unlimited

As a member of DTI, I am also interested in an investor. I own a company that works with applications for digital ttechnologies and my business partner owns a company that works with electronic sensing, relaying  and communicating techniques. We have just joined forces but need capital in our combined industries to continue to grow and expand. As part of our expansion we will launch a Content Management Division that will provide the necessary marketing and advertisement resources to maximize market penetration. However, without the capitol to get larger contracts, better technology, and more workers we basically have plateaued.

Scenario A: Bigger contracts require you to have communication network with approximately 6 to 10 thousand feet of cat5e and cat6 with all the other products. Our sensors and relaying equipment are suitable for such small installations but the 30% deposits (offered in current procurement notices) are not nearly enough to meet all the material and labor requirements.

Scenario B: When you get a contract to completely re-due the entire marketing and business profitability of about 10 companies. We need to produce samples, presentations and get approvals but to get those samples and eventually to execute the project you need re-model our existing free and clear operations, warehouse and studio video production space which could also be rented for $250 bucks an hour. Ideally, can save that $250 bucks an hour we can potentially reduce the overall cost to our new clients and secure numerious proposals and be effective moving forward.

I'm looking for  a few Venture Capitalist or Angel Investors to invest $2.5 M to 5M so within the next 24 to 36 months to complete a very agressive merger and acquision strategy in the Washington D.C. market. Basically,  the content demand in the Washington area is scheduled to triple based on upcoming events and we are positioned to provide 5 times the invested amounts once the deliver and deployment of the content and service devilery is completed.

If you are interested please send interest information to dml.e3d1@gmail.com.

Investors Wanted : Initiative A - Electric Energy Farms (Update)

The tree project is a division of a STG EcoSystem Program which requires a minimum of 40 acres. Depending on the land footprint and location the program is projected to gross a minimum of $800,000 to $900,000 annually after the first harvest.. 

It is ideal for those interested in:

1. - Favorable Tax Environment for Investors
2. - Solution to Climate Change
3. - Source of Clean, Renewable Energy
4. - Carbon, Smart Grid and Broadband markets 
5. - Grants and Low-interest loans
6. - Financial sustainability

Please see that included images for information required for consideration into the Program.

Investors Wanted : Initiative A - Electric Energy Farms

Brief Overview:
Over 400 acres of scattered real estate to be converted to electric energy farms. Projected revenue after 18 months is $1 million with a annual increase of 20% each year thereafter. Developers are requesting 20% matching funds from the land owners and the DOE is offering 80% funding support in form of forgivable loans or grants. Investors terms and conditions can be sent to dml.e3d1@gmail.com. Comments are welcome and further details posted exclusively on this blog for maximum transparency to all interested stakeholders.

Merger & Acquistion: 1st Quarter 2011

Analysts and other sources suggest M&A could move into areas like e-commerce, enterprise intelligence,  and web-based diagnostics, and have named CommVault (NASDAQ:CVLT), MicroStrategy (NASDAQ:MSTR), Open Text (TO:OTC),  and RightNow (NASDAQ:RNOW) as prospects.

Digital technology firms will compete to acquire niche software groups well into 2011 as part of a expansion strategy they hope will seek and acquire recession-hit clients seeking recover and expand as well.

And with revenues returning to growth, they have pockets full of cash at their disposal.

Leading this trend is companies, such as IBM (NYSE:IBM) and Oracle (NASDAQ:ORCL), who are buying specialist software makers so they can offer more to corporate customers. It is reported that Oracle alone has spent more than $42 billion on acquisitions over the past six years, and it had $10.4 billion in cash at the end of November.

Basically, with revenues recovering, enterprises need to find a use for this money, and they are looking to place bets on emerging digital technologies.