Venture capitalist Robert Dugger focused on what he knows best — investing and capital formation — as he spoke to about 75 of Indianapolis’ top business leaders, gathered early Friday morning on Eli Lilly and Co.’s Downtown campus.
But his message had nothing to do with stocks and bonds; it was all about Indy’s children.
“Young adults are the most important economic product that the United States produces,” Dugger said.
More important than Apple or Google. More important than Ford or General Motors. More important even than pharmaceuticals (sorry, Lilly).
If the great majority of our children are well equipped to thrive in the 21st century economy, then it’s likely our state and nation will thrive as well. The reverse also is true: If they struggle, we’ll all struggle.
“Human capital formation from ages 0 to 18 is the most important sector of the economy,” Read more: IndyStar.com
Chamber future: Leadership Twin Cities 2014-2015 Class announced
A Series That Examines Critical Issues Facing Our Community
Leadership Twin Cities is a nine-month series that informs people about the critical issues facing our community. Its focus is to inform and inspire future leaders – and challenge them to make a difference through personal commitment and involvement.This program is invaluable for individuals seeking to learn about community issues and to discuss solutions to the problems. The program selects approximately 50 people each year from the public, private and non-profit sectors who share a commitment to improving our community. Here's the 2014-2015 class
Leadership Twin Cities
Chamber Tweet of the Day: Retweet by Milwaukee Metropolitan Association of Commerce
Retweeted by MMAC
A great school changes the trajectory of a child's life. @STCMilwaukee #childrenwin
Brighton Area Chamber Event: New Series Offers Insight on Michigan's Economic Growth & Future
Two leading chamber of commerce executives will discuss the business climate in Michigan and the Detroit area as part of a new power lunch series next month. The Greater Brighton Area Chamber of Commerce is launching its first Tuesday Power Lunch series next month to offer insight on Michigan’s economic growth and future. The informational program will take place on the first Tuesday of most months and is designed to provide updates on economic and political issues trending locally and statewide. It will also feature leadership insights from heads of business and industry. A kickoff event will take place on Tuesday, October 7th from 11:30am to 1:30pm at Oak Pointe Country Club. Brighton Chamber President/CEO Pam McConeghy says there is a definite resurgence in Michigan’s economy and of major importance in the continued revitalization of the state is Detroit. The keynote speakers will be Richard Studley, President and CEO of the Michigan Chamber of Commerce; and Sandy Baruah, President and CEO of the Detroit Regional Chamber of Commerce. Read more: WHMI 93.5 FM news
Watertown, Wisconsin Chamber looking for donations to renovate Chamberland at Riverside Park
Chamberland,
the community-built children’s playground located in Riverside Park,
could soon be getting a facelift. With the help of donations from local
organizations, corporations and individuals, the Watertown Area Chamber
of Commerce and Watertown Park and Rec Department are working together
to raise funds to update the playground, which opened in 1996.
Wear
and tear from heavy use has taken a toll on the playground. The rubber
surfacing, which has a twelve to fourteen year product life, has been in
place for seventeen years. “The matting has holes in it, is uneven and
patching it will no longer do,” said Chuck Warriner, Project
Chairperson. “A lot of hard work by many people went into the building
of Chamberland and we don’t want to let it get run down. We want keep it
a state-of-the-art playground.” According to Warriner, the initial
fundraising allowed for a maintenance fund to be set aside for repair,
but that is exhausted. He is hoping enough money will be raised to
install a new rubber surface and cover maintenance costs for another 15
years.
Fifty
thousand dollars is needed to complete the project, which includes
tearing out the existing surface, repairing the underlay, and installing
a new surface. The Watertown Area Chamber of Commerce has appropriated
five-thousand dollars towards this effort. Additional fundraising will
be done to help complete the project.
In
conjunction with the resurfacing of the playground, the Watertown Park
and Rec Department will be refreshing the paint and stain on the
playground equipment.
Anyone interested in making a tax-deductible donation should contact the Chamber of Commerce.
Phone: 920-261-6320; email: info@watertownchamber.com
Chamber news: Supreme Court takes another bite out of Missouri tort reforms
With a new ruling that bypasses Missouri’s limit on punitive damages, the state’s Supreme Court continues to erode a successful 2005 reform law.
In their decision, released on Sept. 9, the Supreme Court reinstated a $1 million judgment against a used car dealer who defrauded a customer. The court’s ruling uses centuries’ old legal language to sidestep the clear, current 2005 statute limiting punitive damages at $500,000.
The decision comes two years after the Supreme Court similarly overturned Missouri’s 2005 cap on medical malpractice lawsuits.
“Less than 10 years ago, our state was a haven for frivolous lawsuits, outrageous judgments and skyrocketing litigation insurance premiums. In 2005, we fixed it. Lawsuits declined dramatically and premiums decreased. With this ruling, we’re seeing a trend where the Missouri Supreme Court is working to undo our progress and open the flood gates once again,” said Daniel P. Mehan, Missouri Chamber President and CEO. “If we want Missouri to compete in a global economy, we can’t have a rampant litigation climate and we can’t have a judicial system that bypasses current reforms in favor of language that was written before the State of Missouri even existed. This continues to be an urgent matter that our state must address.” Read more: Missouri Chamber
Chamber news: Supreme Court takes another bite out of Missouri tort reforms
With a new ruling that bypasses Missouri’s limit on punitive damages, the state’s Supreme Court continues to erode a successful 2005 reform law.
In their decision, released on Sept. 9, the Supreme Court reinstated a $1 million judgment against a used car dealer who defrauded a customer. The court’s ruling uses centuries’ old legal language to sidestep the clear, current 2005 statute limiting punitive damages at $500,000.
The decision comes two years after the Supreme Court similarly overturned Missouri’s 2005 cap on medical malpractice lawsuits.
“Less than 10 years ago, our state was a haven for frivolous lawsuits, outrageous judgments and skyrocketing litigation insurance premiums. In 2005, we fixed it. Lawsuits declined dramatically and premiums decreased. With this ruling, we’re seeing a trend where the Missouri Supreme Court is working to undo our progress and open the flood gates once again,” said Daniel P. Mehan, Missouri Chamber President and CEO. “If we want Missouri to compete in a global economy, we can’t have a rampant litigation climate and we can’t have a judicial system that bypasses current reforms in favor of language that was written before the State of Missouri even existed. This continues to be an urgent matter that our state must address.” Read more: Missouri Chamber
Future of coal topic of Maysville-Mason County Chamber meeting
The story told to attendees of the Maysville-Mason County Chamber of Commerce meeting wasn't good news regarding the future of coal in Kentucky.
Rodney Hitch, manager of Economic Development for East Kentucky Power Cooperative was the featured speaker for Thursday's business meeting. Hitch has been involved in economic development most of his career, having served in a variety of capacities in Rowan County and the Appalachian region.
The focus of Hitch's presentation was the impact of regulations imposed on fossil-fueled power plants under the current administration in Washington and the EPA. Read more: The Ledger Independent
Chamber Directory or Map
Get a free estimate for your chamber on a professional gloss chamber map, chamber app, community profile or membership directory. Call John Dussman of Village Profile at (800)-600-0134 x239 or email jdussman.vp@villageprofilemail.com. If your chamber has 500 members or more, please ask about the several multimedia options available to your chamber.
Chicagoland Chamber Small Business Week Events - Oct. 7 - Oct. 9, 2014
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