Tuesday, December 31, 2013

My entrepreneur loan fund hits 50 countries

I have a small personal loan fund that I run through KIVA.org

It allows me to loan small amounts of money to entrepreneurs all over the world.

KIVA lets me join financial forces with other small lenders to fund loans of our choosing.

This is called a revolving loan fund.  The monies just keep coming back as repayments and made available for lending once again.  I've put in just over $400 and thanks to KIVA I've been able to loan out more than $1,500.  I have a 100% repayment rate from the entrepreneurs receiving these loans.

I just made a loan to the 50th country in my portfolio. What a fun way to end the year.

I'm grateful to KIVA for making this possible!

Kiva

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My KIVA list of countries I've made loans to.  These entrepreneurs all over the world inspire me!

Albania
Armenia
Azerbaijan
Benin
Burkina Faso
Burundi
Bolivia
Cambodia
Chile
Columbia
Congo
Costa Rica
Dominican Republic
Ecuador
El Salvador
Georgia
Ghana
Honduras
Indonesia
India
Iraq
Jordan
Kenya
Kyrgyzstan
Lebanon
Liberia
Mali
Mexico
Mongolia
Mozambique
Nicaragua
Pakistan
Palestine
Paraguay
Peru
Philippines
Rwanda
Samoa
Senegal
Sierra Leone
Suriname
Tajikistan
Tanzania
Timor-Leste
Togo
Uganda
Ukraine
United States
Viet Nam
Yemen

Monday, December 30, 2013

My thanks and a fond farewell to Iowa County Economic Development

video


"... positive attitudes, willing support and assistance, and an obvious desire to help people succeed, which Terrien exemplifies.  This is a tribute to Terrien and his team but it's also an important model for the region, of which Iowa County is both a partner and a leader."  - WISC TV editorial, July 2013.

I've greatly enjoyed working in Iowa County, WI as the founding Executive Director of the Iowa County Area Economic Development Corporation.

This was my first experience launching a new nonprofit and the first time I've worked directly in economic development.  In this capacity I helped organize and set directions for this new organization.  I created policies and programs that have become nationally recognized and globally relevant.

I started the day the great recession was formally declared, Dec. 1 2008.  We're closing up the organization five years later.  Funding cuts and the improving economy both indicate its time for this organization to come to a close.

I've been grateful to all the friends I've made in this beautiful area, and the many businesses I've been fortunate enough to work with.

Here are a few of the results my work has generated in the past few years:

My report card from Iowa County businesses and stakeholders. Economic development report issued in Summer 2013.    Full report.  28 pages.

One page overview.  Highlights from 4.5 years of business and economic development in Iowa County, WI.

Food and Farm business development report.  Subset of main report focusing on food and farm entrepreneurship.  18 pages.

Letter from the Board Chair, Iowa County Area Economic Development Corporation (ICAEDC).  Nov. 2013

Thank you note from the Board of the ICAEDC.  Dec. 2013

What a great experience.  Thanks to all who welcomed me to the Iowa County area and all the great people I had the honor of working with there.

Thank you and best wishes one and all!

Saturday, December 14, 2013

Innovation Kitchens welcomes Craig Kettleson as our new CFO

Innovation Kitchens LLC is proud to announce the addition of Craig Kettleson as our new Chief Financial Officer.  As CFO, Craig will lead our finance efforts and help bring our story to the world.

Craig has an extensive background in building and financing new businesses.  

Craig Kettleson serves as VP Finance for U.S. Foods and Pharmaceuticals, Inc. where his efforts have raised $1.2 million from private sources to date.

Craig has been a Founder and CFO of Woodridge Venture Group, a venture capital business focused on providing investment resources and technical assistance to businesses seeking to commercialize early stage renewable technologies.  While there Craig participated in private placements which successfully raised $14 million in equity.
 
Craig has served as the Business Development Manager for Wisconsin Business Development Corporation.  He was Lead Planner for MSA Professional Services, Inc.,  and the Community Finance Specialist for the Wisconsin Department of Development.

We welcome Craig and his extensive knowledge of finance, business development and the launch of successful new organizations.

Welcome Craig!

Thursday, December 05, 2013

Lighting up a 109 year old food association with our Innovation Kitchens story

Just back from making a presentation about our work at the annual meeting of the Midwest Food Processors Association.

It was great fun to introduce all the new innovative farms, companies and brands we’ve helped develop.

It was even more fun to talk to major food processing stakeholders about the many positive, sustainable opportunities our model represents for their industry.

Thanks for the invitation to speak and to meet so many members who want to grow their industry through our Innovation Kitchens story.