Weekly Wire RoundUp: From Country Archer and Opportunity Industries to Riverside’s Innovation District and Surge Cities

By: Editorial Staff

• 

Oct 31, 2021

 • 

Startempire Wire Weekly Round up

Utilize Our Platform

Weekly Wire Roundup # 9 Video

Business Activity and Riverside in Inc. Surge City List

This week we started by covering UCR’s economic development and business activity report published by its School of Business Center for Economic Forecasting and Development. We observed in the article that an “8% expansion in the business activity of Inland Empire in the second quarter of 2021 was attributed to growth in the affordable housing sector.

We also reported a list published by Inc. Magazine in which the online news media company compiled 50 cities in America most suitable for startups. We also discussed why Riverside made it to the list and what can be improved to strengthen the ranking further.

Meat Snack Brand Country Archer’s $12M Series B Funding

We reported how Country Archer, a meat snack brand out of San Bernardino, raised $12 Million in Series B funding to expand its operations and production capacity.

A comment from the investor says, “It’s rare to see a company experience such accelerated growth in a short amount of time, and it’s been incredible to join Country Archer on this ride. What is even more unique is to find a brand in this space that controls production” (Jared Stein, Co-founder, and Partner at Monogram Capital Partners).

Opportunity Industries and Opportunity Zones

The Brookings Institution published a report about opportunity industries of the Inland Empire. We covered the report and shared that ‘manufacturing‘ and ‘logistics‘ were termed as the ‘opportunity industries’ of the region. Opportunity industries produce good jobs; A good job pays a ‘middle-class’ salary and benefits.

Another article we published this week highlighted the ‘Opportunity Zones’ of San Bernardino as the county was recognized in a recent White House report. The county was an example of best practices in running Opportunity Zones.

About Opportunity Zones, we wrote:

An Opportunity Zone is a new community development program that encourages long-term investments in low-income urban and rural communities. The Opportunity Zone Program provides tax incentives for investors to re-invest unrealized capital gains into Qualified Opportunity Funds (QOF). QOFs are private sector investment vehicles that invest at least 90 percent of their capital in Opportunity Zones.

The Riverside Innovation District

Lastly, we covered the Riverside Innovation District and how the district combines Entrepreneurship, employment, entertainment, and housing within a tightly-knit location.


Upcoming Meetups & Meetings

#IEWP Monthly Meetup (General Meetup) – Tue Nov 2

https://www.meetup.com/Riverside-Raspberry/events/278879566

Conferences & Festivals

1. Riverside Angel Summit Until Nov 3 (https://riversideangelsummit.com/)

  • Investors complete due Diligence Final Reports on Nov 1
  • Riverside Angel Summit Closing on Nov 4

2. Upcoming:  FTR FST  Nov 12 | https://ftrfst.com/

  • Tickets on Sale Join The Email List to stay updated

0 Comments

Submit a Comment

Connecting you with the best startups, people & events in the Inland Empire.

Support Startup News & Media!


Enjoying the startup news & media? Support us!

We have big plans, and we need your help!

Startempire Wire is a community of people working together to promote innovation, entrepreneurship, and investment in the Inland Empire. We provide resources and connect people with the startup culture.

We believe that the Inland Empire has all of the ingredients for success. This region just needs a platform to show the world what it can do – And this is exactly what Startempirewire.com is doing. Our goal is to act as a megaphone to connect the dots between the best startups, events, and people in the Inland Empire.

We have big plans, and we need your help! If you are passionate about creating a thriving local startup ecosystem, then we would like to invite you to join in contributing to the community by supporting us. You can do that by supporting us financially or by being an active contributor. In return, we will give you (depending on sponsorship level) free access to our content, other level based perks &  the opportunity to connect with a network of passionate people working to build a better future for all of us.

We cover the good and the bad of entrepreneurship, startups & business events; we do it with passion and purpose. If you like what we do, support us & please consider becoming a patron. Your support is essential for independent local startup media to survive & thrive.

You can make a regular one time donation to become a sponsor at any level, or you can choose to become a monthly or event sponsor.  Every little bit counts! Thank You

Verious B. Smith III

Founder, Startempire Wire

Related Articles

OASIS Challenge: Showcasing Innovation in Sustainability

OASIS Challenge: Showcasing Innovation in Sustainability

RIVERSIDE, CA – The Southern California OASIS™ Challenge Pitch Finals, a much-anticipated event in the sustainability sector, is set to take place, spotlighting six innovative Inland Empire companies. These finalists, vying for $100,000 in grants and invaluable...

Stay Up On Startempire News

Access Premium Content

Startempire Wire premium content access is free during the beta period of our  website.  Join during beta and get a grandfathered discount when we launch.

$5 for first month then $15 per month

Get Every Update

Would you like to receive Startempire Wire updates in your inbox? Subscribe below!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Follow Us

Follow Startempire Wire on other social media channels.

0
My cart
Your cart is empty.

Looks like you haven't made a choice yet.