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Entries posted by marijavader

Academy cadets absorb a $1 million lesson

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Academy cadets absorb a $1 million lesson

Justin Fenchel and his business partners asked for only $200,000 for 10 percent of their company, BeatBox Beverage. They walked away an hour later with a $1 million pledge in exchange for 33 percent. It became the perfect transaction during a surreal experience on national television. Fenchel made his venture capital pitch on the popular… Continue Reading Academy cadets absorb a $1 million lesson

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Telecom Solutions grows, moves

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Telecom Solutions grows, moves

Telecom Solutions, Inc., a provider of technology based solutions for business based in Colorado Springs and Denver, relocated its offices to 4570 Hilton Parkway, Suite 106 off Garden of the Gods Road. Telecom President Ron Formanek said the new space was needed to accommodate the company’s ongoing growth. Telecom Solutions’ growth has come primarily from… Continue Reading Telecom Solutions grows, moves

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SBA loans at record level

Small business lending activity under the U.S. Small Business Administration’s 7(a) loan guaranty program set another national record in the last fiscal year, which ended Sept. 30. During that year, the agency approved 52,044 7(a) loans for $19.2 billion, an increase of 12 percent in the number of loans and 7.4 percent in dollar amount… Continue Reading SBA loans at record level

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IntelliTec ranked high for veterans

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IntelliTec ranked high for veterans

Military Times Magazine ranked IntelliTec Medical Institute (IMI) in the top 36 Best for Vets: Career and Technical Colleges 2015 rankings, recognizing IMI for its commitment to providing opportunities to America’s veterans. Located in Colorado Springs, IntelliTec Medical Institute offers intensified certificate programs in health care, in addition to associate degree programs. The organization comprising… Continue Reading IntelliTec ranked high for veterans

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Academy cadets to pledge against sexual assault

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Academy cadets to pledge against sexual assault

Air Force Academy cadets plan to participate in a pledge during the noon meal formation, Wednesday, Nov. 12, as part of a new initiative designed to change the culture regarding sexual assault prevention. The campaign titled, “It’s On Us” is a national awareness campaign designed create a movement across U.S. campuses to inspire cadets and… Continue Reading Academy cadets to pledge against sexual assault

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Osteopathic Foundation makes $156,000 in grants

Sixteen nonprofit organizations will receive grants from the Colorado Springs Osteopathic Foundation totaling $156,000 to provide transportation, meals, care, counseling, health education, prevention and advocacy for children and adults. The nonprofit organizations are: CASA – $50,000, the second year of a $50,000 per year three-year grant commitment; Cheyenne Village, $10,000; Community Partnership for Child Development,… Continue Reading Osteopathic Foundation makes $156,000 in grants

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Sturman, Sun Hydraulics ink license agreement

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Sturman, Sun Hydraulics ink license agreement

Sun Hydraulics Corp. (NASDAQ: SNHY) and Sturman Industries Inc. entered into a technology license agreement related to the use of Sturman’s digital valve technology. Under the agreement, Sun will manufacture and sell valves which incorporate Sturman digital valve actuation technology into screw-in cartridge valves used in fluid power markets. “We are very happy to partner… Continue Reading Sturman, Sun Hydraulics ink license agreement

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Springs residents guilty of defrauding U.S. government

Three Colorado Springs residents were convicted Friday of conspiracy to defraud the Internal Revenue Service and other tax charges. After a four-day jury trial, George Brokaw, 68, John Pawelski, 66, and Mimi Vigil, 63, were found guilty. They are schyeduled to be sentenced by U.S. District Court Judge Christine Arguello on Jan. 25. After the… Continue Reading Springs residents guilty of defrauding U.S. government

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Anarde moves from ICBM to global security

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Anarde moves from ICBM to global security

Russ Anarde spent 28 years in the Air Force, retiring as a brigadier general. During a varied career, he worked in operations and maintenance of intercontinental ballistic missiles. He describes himself as a STEM dropout, referring to science, technology engineering and math, because he changed majors from math to business while he was in college.… Continue Reading Anarde moves from ICBM to global security

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Academy, CTI research projects together

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Academy, CTI research projects together

Inks that change colors when the temperature changes — like that on Coors beer cans — are helping chemistry students learn at the U.S. Air Force Academy. At the same time, cadets and their professors are helping CTI Inks, the Colorado Springs-based company that provides the thermochromic inks to Coors. In August, the Academy and… Continue Reading Academy, CTI research projects together

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