Business Briefs – 11/21/2008

Filed under: Business Briefs |

Partnership for Child Development selects officers

Community Partnership for Child Development/Head Start has elected board officers for 2008-09.
Edna Daniels, a retired registered nurse, is chairwoman. The immediate past chairwoman is Beth Brooks, director of the office of the president at Colorado College.
Paul Andrus of Point B Defense Associates is chairman-elect. Ann Crossey, human resources director of the City of Colorado Springs will serve as secretary and Heidi Sooy, a certified public accountant at Williams, Kopenhafer & Keller P.C., is treasurer.

Oil and gas leases net nearly $6 million

The Bureau of Land Management Colorado State Office sold 30 parcels totaling 11,903 acres during its quarterly oil and gas lease sell, earning $5.95 million in total proceeds, 49 percent of which go to the state.
A 448-acre parcel in Garfield County sold for $10,600 per acre, netting the high bonus bid of $4.8 million.
Full sale results are available at www.blm.gov/com.

Intelligent Software among Deloitte’s Fast 500

Intelligent Software Solutions placed 277 on Deloitte’s 2008 Fast 500, a ranking of the fastest growing technology, media, telecommunications and life science companies in North America.
Rankings are based on percentage of fiscal year growth from 2003 through 2007. ISS grew 619 percent during that five-year span. The company also ranked 10th on the Colorado Technology Fast 50.
ISS, which has offices in Colorado Springs, Washington, D.C., Rome, N.Y., and Hampton, Va., provides data analysis solutions to the Department of Defense and national intelligence organizations.

Colorado Bioscience Association doles out annual awards

The Colorado Bioscience Association recognized the following companies and individuals during its 2008 Awards Dinner.
Oberon FMR Inc. received the Dorsey & Whitney Venture Showcase Award.
Jay Gershen, vice chancellor for external affairs at the University of Colorado at Denver, received the Lifetime Achievement Award.
The Company of the Year was CardianBCT, a medical device company.
Sierra Neuropharmaceuticals received the Rising Star Award.
The Volunteer of the Year was Chris Lepore, director of state government affairs for Johnson & Johnson.
Cooley Godward Kronish was recognized as the Partner of the Year.
The Educator of the Year was Brenda Dempsey, a biology teacher at Castle View High School.
Gov. Bill Ritter and Denise Brown each received Chairman’s Awards.

Food boxes waiting for birds

Silver Key Senior Services is conducting its annual project to provide holiday food boxes, gifts and interpersonal contact with area seniors.
The organization is seeking donations of frozen turkeys and hams that will be used to complete about 1,000 food boxes, which will be delivered by volunteers around the Thanksgiving and Christmas holidays.
Frozen turkeys should be between 10 and 16 pounds. Frozen or canned hams should be between three and six pounds.
Donations may be dropped off between 8 a.m. and 5 p.m. Monday through Friday at 2250 Bott Ave.
For more information, call Lorri Orwig at 884-2300 or e-mail ino@silverkey.org.

Marian House receives $65,000 from LDS

The New Marian House has received $65,000 from the Church of Jesus Christ of Latter-day Saints for its capital campaign.
The new facility, which opened June 9, includes a commercial grade kitchen, a larger dining room and a family dining room to better accommodate volunteers, guests and families with children.
To schedule a tour or make a donation, call 866-6280.

SBA tweaks program to increase access to capital

The Small Business Administration has made program changes to help the agency’s lending partners increase access to capital for small businesses.
First, an interim final rule allows new SBA loans to be made with an alternative base interest rate, the one-month London Interbank Offered Rate, in addition to the prime rate, which was previously allowed.
During the past 60 days, both the prime rate and the LIBOR have not returned to their historical relationship of about 300 basis points between the two rates. The mismatch between the rates is squeezing SBA lenders out of the market because their costs are based on the LIBOR.
The second change allows a new structure for assembling SBA loans into pools for sale in the secondary market. Because the average interest rate is used, these pools are easier for assemblers to create, providing incentives for more investors to bid.
For more information, or to share comments, visit www.regulations.gov.

Wildlife Commission adopts hunting, fishing regs

The Colorado Wildlife Commission has approved regulations for the 2009 fishing and turkey seasons with minimal changes.
The commission also adjusted fees for non-resident, big-game hunting licenses that by statute increase along with the Consumer Price Index, which rose by 3.7 percent during the past year.
The 2009 spring turkey seasons are April 11-26 or April 27 to May 17, depending on the unit. The 2009 fall season is Sept. 1 to Oct. 5. Commissioners voted to open GMU 101 to limited either-sex fall turkey hunting, establish private-land-only spring turkey licenses in GMU 102 and open GMU 138 to limited spring and fall turkey hunting.
Colorado offers over-the-counter turkey licenses or limited licenses based on population estimates within each unit.
Also, beginning next year, there will be a limit to the number of mountain whitefish that anglers can take from the upper Yampa River drainage. The daily bag limit will be four fish with a total possession of eight. There are no bag or possession limits for mountain whitefish anywhere else in the state.
For more information, visit http://wildlife.state.co.us.

Arrow Moving & Storage honored by Mayflower

Arrow Moving & Storage has been recognized by Mayflower Transit with a Million Dollar Club Award, $1 million level, for 2007.
Mayflower has 600 affiliated agencies worldwide.