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Building a Sustainable Future

Many people today are excited about the changes that are going on in the economy. Not only that, but many companies are investing for the future in an attempt to help other people get to the next level. If you are ready to build wealth at a high level, this is the way to go. A lot of people are excited about the changes that they are working on. If you want to build wealth in your business, you have to be able to react and adapt to change. Bob Reina is a speaker at Talk Fusion every year. With his experience in technology and business, he is the perfect person to learn from in this area. Not only that, but he strongly believes in the work that he is doing. If you want to excel at a high level, learning from him is the way to go.

 

Bob Reina

 

When Bob Reina first started out in business, a lot of people were looking to him for leadership in this area. Not only that, but he wanted to work in various areas in order to change the future of business itself. He believes that companies should look at what is best for society overall in their decisions. Bob Reina also wants to help people who are hurting in the world of business. If you are ready to take your life to a new level, he is the person you should learn from. Not only that, but he is also ready to make a positive difference in the lives of other people over the next couple of years.

 

Future Plans

 

Do you want to change the world of business? Talk Fusion is a great place where people come together to share ideas for the future. Not only that, but a lot of people are ready and willing to invest heavily into the future in order to drive growth and value. If you want to take your life to a new level, this is the way to do so. Bob Reina can help mentor you on any questions you may have.

Mike Baur Is Committed To Developing Young Swiss Entrepreneurs

Swiss businessman and entrepreneur Mike Baur is working to ensure budding entrepreneurs have the support they need to succeed. He and many others see this as essential for Switzerland’s future economic growth. A former banker, Baur has co-founded Swiss Start-Up Factory, the country’s leading privately funded new business incubator. Baur co-founded the organization with Oliver Walzer and Max Meister in 2014. Each year SSF selects several young entrepreneurs each year and puts them through an intensive 3 month program. They’re given training, mentoring, financial support and everything else they need to succeed and connects them to a network of international entrepreneurs and funding sources.

 

Baur is responsible for fund raising for SSF. The 20 years he spent working in the banking industry helps. Baur had worked his way up from an entry level position to become a member of the board of a major Swiss financial institution. During his rise he worked with both UBS and Clariden Leu. A career in banking is something Baur dreamed about as a youth. Now after fulfilling his dream and he’s now working to help other young Swiss entrepreneurs to help to make their business dreams a reality. The success of Swiss Start-Up Factory bodes is a good sign for Switzerland’s economic future.

 

But the success of Swiss Start-Up Factory isn’t enough for Mike Baur. He has worked with a number of other organizations to assisting budding entrepreneurs. He was a jury member at the University of St. Gallen’s start-up pitching contest at the START Summiteer. Baur is also the Swiss Startup Association’s director and co-founder. He is also deputy managing director of CTI Invest and works with Fintech Fusion and Goldbach Group to improve the business accelerators available to Swiss entrepreneurs and ensure they are provided the support they need.

 

A graduate of the University of Rochester New York and the University of Berne, Baur has an MBA and an Executive MBA from the two institutions. He has also enjoyed such success in the banking industry he was able to retire at age 39 to focus his attention on helping budding entrepreneurs. His banking and entrepreneurial career as well as his work with start-ups was noted in a number of internationally respected publications including the Wall Street Journal.

 

The work Mike Baur and the team at Swiss Start-Up Factory are doing helps to ensure the growth of new businesses and the Swiss economy.

 

Lenders and Borrowers Wait for the Payoff

The Middlesex County Improvement Authority owes $1 million in interest on the principal of a $20 million loan. The Casino Reinvestment Department Authority is the lender. The Improvement Authority’s record shows millions in missed payments over the past five years. The loan sole purpose for being drafted is the construction of the Heldrich hotel and conference center. The Heldrich is a project of the non-profit organization New Brunswick Development Corporation.

Senate President Stephan Sweeney vocally supports the corporation. He says it is model state dollars focused through private firms for large scale jobs. Atlantic City Development Corporation follows the model set by New Brunswick Development Corporation. It also plans to handle over $200 million in private and public money. That money includes $19.5 million in CDRA funds budgeted for the Gateway project in the Chelsea part of the city.

Christopher Paladino is head of both corporations and put together the Heldrich loan. He say the CDRA has nothing to worry about because it will be repaid, but it is just going to take a couple years longer than expected. The 235 room Heldrich is struggling, possibly due to tough economic times. The Heldrich performing record may be a fail with an average of 63.5 through the year. The largest account on record for the hotel is the Johnson & Johnson account, with the executives sitting on the DEVCO New Brunswick Development Corporation Board of Directors. The hotel is tight on money or available funds and has to use its own money for basic business needs such as the replacement and maintenance of hotel property. Paladino says he is still committed the growth of the project.

According to pressofatlanticcity.com, the $20 million is part of a bigger $100 million amount put together by the corporations. $70 million of municipal bonds is part of that $100 million deal. Those $70 million dollars have to come from hotel commerce money. The Heldrich is not doing so well. On the bright side, $30 million in senior bond money is already repaid with 5% interest. Subordinate bond holders are still waiting to see returns. The bottom line is that the Middlesex County Improvement Authority is the borrower of $20 million.

Improvement Authority Spokesperson Maria Prato says documents show payment procedures are being followed. She also says that the hotel’s business will pick up with the economy. CDRA Executive Director John Palmeiri admits there is non-payment issue with the loan, but says the issue was disclosed and made understood from the very beginning. Risk is a part of doing business as it pertains to planning and running business, and as he sees it, the rewards are well worth it. The rewards in this case being 235 gainfully employed workers, $1.2 million real estate taxes generated annually and the hundreds of thousands of visitors to the property.

Slyce Brings 3D Visual Search Shopping To Shoe Carnival

Not only has Slyce Inc. revolutionized shopping with their visual search e-commerce technologies, they are now implementing advanced 3D visual search for Shoe Carnival. The leader in U.S. retail of footwear and accessory items has partnered with Slyce to make finding and buying shoes as easy as snapping a picture with a smartphone. The Vice President of Shoe Carnival’s e-commerce division said he was excited about the launch of Slyce’s visual search capabilities for their products. He enthused that their customers will now experience shopping for desired shoes in a most convenient way.

Slyce is implementing the same instant visual search functionality as they have successfully done for other major brands, including Neiman Marcus, JC Penny, Tilly’s, Home Depot, and Urban Outfitters. Their technology is integrated with the Shoe Carnival online sales system to enable mobile customers of ShoeCarnival.com to buy footwear simply by supplying a shopping search engine with a snapshot of desired items. The pictures can be from any source, including in the real-world, from magazine pictures, or sales flyers. The search results are instantly produced, showing matching products in the Shoe Carnival inventory. A few taps on the sales interface completes the sales and shipping transactions. This new technology launch was originally announced on Marketwired.

Shoe Carnival has 400 stores in the U.S., one of the biggest retailers of footwear in the country. They are based in Evansville, Indiana. Of the deployment at Shoe Carnival, Mark Elfenbein, CEO at Slyce said it was an impressive milestone. He also mentioned that it was the first very large and fully automatic visual search shopping implementations on the market. He said the customer users will have a very intuitive and quite easy shopping experience.

Slyce produces enhanced visual search software technologies that use ‘deep learning’ methods to search online resources without the need for textual descriptions from the users. Besides snapshot visual search, Slyce also has the capability to search from input video, audio, and some 3D models.

Client retailers who work with Slyce can select what level of technology they want to offer to their customers. Their software works on many platforms and operates from smartphones, tablets, laptop and desktop computers. Many other companies have licensed their technology and some have also been acquired by Slyce to improve upon it.