06 Dec
Chapter News

Latest results: Commission to invest €80 million in 58 innovative companies under the Horizon 2020 SME Instrument

58 small and medium-sized companies (SMEs) from 16 countries have been selected for funding in the latest round of the Horizon2020 SME Instrument Phase 2. In this phase of the instrument, each project will receive up to €2.5 million (€5 million for health projects) to finance innovation activities. The total amount to be distributed between the SMEs working on 51 projects is €80 million. Spanish SMEs were the most successful with 13 companies selected for funding. They are followed by...

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06 Dec
Member News

Five Tips for Negotiating Term Sheets with US VC Investors

We’re often asked what to watch for when reviewing or negotiating US term sheets. Below are five key concepts non-US founders — and founders generally — should understand. Note that this discussion assumes investment into a US holding company. Investments into UK or other non-US holding companies will present similar issues, but with some differences due to the nuances of the applicable non-US law. Valuation and Total Financing Amount Founders need to intimately understand valuation. Simply put, your startup’s valuation is what a group of reasonably...

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05 Dec
Member News

Tearing up Trade Agreements wont help workers: a more responsible approach just may

Newport, R.I. – The current heated debate over international trade is the outcome of a flawed public policy and political framework. With growing public sentiment against trade and political leaders on both the left and right opposing international trade agreements, the United States needs a new approach to international trade that addresses the inequities many believe damage America’s national interest while preserving the good that trade does in the world. In a new report from the Pell Center at Salve Regina...

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05 Dec
Member News

The Future is Bright because of your Support

NEW YORK, NY, USA -  This time of year is always a period for reflection, and even more so it is a time to look to the future, which is our focus here at Headquarters. The World Trade Center Association is looking forward to all of the exciting changes and enhancements they are planning for Members in the new year, and even more anxious to get started. But of course none of that is possible without the financial contributions of our...

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05 Dec
Member News

U.K. telecom watchdog says Brexit is chance to strengthen M&A rules

Ofcom chief Sharon White's comments follow the regulator's push this week for a legal separation of BT's Openreach The U.K.'s exit from the European Union will create room for reinforcing M&A rules that can address loopholes and complexities missed under the European Union law, the country's telecom and broadcasting watchdog said. "Brexit means that some future mergers and takeovers involving U.K.-based companies would be presided over by U.K. regulators, based on domestic merger law," Ofcom chief Sharon White said in a...

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05 Dec
Chapter News

Commission launches European Solidarity Corps

"There are many young, socially minded people in Europe willing to make a meaningful contribution to society and help show solidarity. We can create opportunities for them to do so." - European Commission President Jean-Claude Juncker, 14 September 2016 On 7 December, European Commission Vice-President Kristalina Georgieva will launch the European Solidarity Corps as of 13.00 with the participation of a wide range of organisations and many young people in the Skyshelter dome on the Schuman roundabout in Brussels. Young...

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02 Dec
Member News

Maersk buys Hamburg Sud as consolidation shipping industry continues

The Danish conglomerate expects the deal to close by the end of 2017. Denmark's A.P. Moeller-Maersk A/S on Thursday, Dec. 1, bought the world's seventh-largest container shipping group Hamburg Sud from the Oetker Group, cementing its No. 1 standing. The deal is expected to enable the expanded group to cut shipping costs for customers. The move comes after the Danish conglomerate on Sept. 22 announced the company will be divided into divisions - transports and logistics; and energy - with the...

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02 Dec
Member News

Ernst & Young Renews DC Lease

According to November servicer watchlist notes, accounting and financial advisory firm Ernst & Young has extended its lease at 1101 New York Avenue NW in Washington D.C. The property backs the $212.1 million 1101 New York Avenue loan, which is split between a $106 million note (4.9% of MLMT 2007-C1), and another $106 million piece that represents 5.5% of BSCMS 2007-PW17. The collateral is a Class A office building that spans 374,033 square feet and was built in 2006. Ernst...

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02 Dec
Chapter News

Completing single market is essential to relaunch investment – EIB reports

Market integration, better regulation, strengthened public sector capacities and improved access to finance all help counter low investment and secure a brighter economic future. “Breaking Down Investment Barriers at Ground Level”, a new report from the European Investment Bank (EIB), finds that investment in the European Union is hampered by the insufficient functioning of the internal market, as well as administrative burdens, regulatory fragmentation, constraints of public-sector promoters to procure and implement large infrastructure projects and, not least, the...

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02 Dec
Chapter News

Commission launches Digital Skills and Jobs Coalition to help Europeans in their career and daily life

Today, the Commission is launching the Digital Skills and Jobs Coalition, together with Member States, companies, social partners, NGOs and education providers, to help meet the high demand for digital skills in Europe which are essential in today's job market and society. The Digital Skills and Jobs Coalition is one of the ten key initiatives proposed by the Commission under the New Skills Agenda for Europe, presented in June this year. Today a series of partners, including over 30 organisations...

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