Three Rivers is a Washington State public company that makes grants to small businesses. One of the ways they do this is by investing in small businesses through the Community Investment Program. The program consists of businesses that have been locally owned and operated for at least 5 years (typically in a rural area) and that have a revenue target of $500,000 or less.
Three Rivers is also one of three state agencies that have a “Business Owner’s Partnership” program in place to help small business owners invest in businesses that need capital. The purpose of this program is to help small business owners by giving them access to loans and grants from the three states that make the grants.
The three states that offer grants include Maryland, Ohio, and Pennsylvania. Maryland is the only one that does not have the program in place. It’s only available to small businesses that meet certain criteria, including having to be located within a certain radius of the Capital Region. What that means in practice is that most of the “businesses” that are able to participate are in the Baltimore/Washington/DC area or the northern Ohio/Southwestern Pennsylvania area.
Three rivers is a fairly small program. In fact, it is so small that it only has 7,000 people on its waiting list. The grants it offers are worth up to $100,000, which makes them a tad more than a thousand dollars a year. But that’s hardly the point of the program. The program pays the workers a salary, but the money goes towards investments in companies that are located in the three states.
As a result of the funding, the program has over 80 million members, which is an increase of about $2 billion over the last five years. We get a sense of the size of this program by the amount of time invested. In fact, the funding is spread over the four years. The idea to build a program is that each of us can decide what to do about it. We could have four members per program.
The thing is that no one really knows what is going on. There’s no money, no board members, no goals, no goals, no goals, no goals. So there’s no clear path forward except to ask us (or our elected representatives) to make a donation. But then we realize that the money, even if it exists, is really just a proxy for the investors.
To me, this is the most interesting part of the article. We’re not trying to get any money, we’re not even trying to make any recommendations. We’re just trying to have a conversation about how we can be more effective in our jobs. So this is the part that I can’t understand. This is the part that makes the article all about a “real” issue. The fact that we need to “talk” about this is good.
This is what a good investment board looks like. The way we see people is the way they talk about investing. We don’t get to talk about how the board works, but we do get to play with the boards. We go back and forth between the board, the manager, and the other directors. We get to decide which directors to trust, and we all set the board on our own terms.
This is where the board gets complicated. There are multiple boards and multiple people who can have input. We’re not just talking about the board, which is a very small part of the investment world. We’re talking about things like the manager, the CEO, the head of the investment department, the head of the investment team, the head of legal, the head of marketing, and the head of finance. Most people have a very specific idea of what they’ll bring to the table.
If you have a job offer from within the company, the investment board is the place to ask for a salary, performance reviews, and any other sort of performance appraisal. A recent survey found that many people were surprised to find how many of the people they knew from a job they were offered were people who had their own board. The investment board is a place where many people work on a regular basis, and when they are not working they are often out doing what they love.