Starting January 1, 2024, a significant change in financial reporting will impact small to mid-sized businesses in the United States. The new federal Beneficial Ownership Information (BOI) Reporting Rule, finalized by the Financial Crimes Enforcement Network (FinCEN) in September 2022, is set to implement Section 6403 of the Corporate Transparency Act (CTA). The BOI Reporting Rule is a serious new obligation that impacts almost all small and mid-sized for-profit businesses,” said attorney … [Read more...] about New Small Business Reporting Rule Targets Small to Mid-Sized Companies.
Moonshot at NACET
Tailoring a Winslow-Based Workforce for Industrial Sewing Needs
From weather balloons to backpacks, shower curtains to parachutes, and awnings to space suits, the world needs people who can sew. Aerospace and hospitality industries, the U.S. military and outdoor furniture companies are among those seeking a workforce with sewing skills, and Moonshot at NACET’s Arizona Stitch Lab believes Winslow is the place to harness and cultivate that skill set. “We are creating a pilot project to see if a sewing program can have legs in Northern Arizona,” said … [Read more...] about Tailoring a Winslow-Based Workforce for Industrial Sewing Needs
Honoring Economic Development Week
The week of May 8 through May 12 is Economic Development Week, and in the Flagstaff area, it is an open invitation to the entire community to meet economic development professionals throughout Flagstaff to learn more about the dynamic work known as economic development. This effort is important because everyone participates in the economy, whether they think about it or not, and because the collection of behaviors and actions of one person has far-reaching impacts, including a local, national … [Read more...] about Honoring Economic Development Week
Two ATHENAs Rule
It was a packed house at the 2023 Greater Flagstaff Chamber of Commerce/Optimum Annual Meeting and Awards Luncheon, one of Northern Arizona’s largest business events of the year. More than 525 people, including elected officials, businesspeople and non-profit leaders, attended the Feb. 10 event, which honored volunteers and winners of the prestigious ATHENA Awards. The room buzzed with energy in anticipation of the ATHENA announcement in which 18 women were successfully nominated, one of the … [Read more...] about Two ATHENAs Rule
Innovate Waste: The Carbon Neutrality Challenge
The Fourth Annual Innovate Waste: The Carbon Neutrality Challenge once again invites entrepreneurs to compete for up to $30,000 in awards and cash to build their business concept that advances carbon neutrality. If you have been thinking of ways to optimize stewardship of the environment and the natural world and your idea has merit, marketability and viability, then consider participating in this year’s challenge. The challenge has been growing, with more entrepreneurs pitching ideas each … [Read more...] about Innovate Waste: The Carbon Neutrality Challenge
Connecting Business with Environmental Sustainability
Many see climate change as a political topic nowadays, that swings from being a life or death issue to one that’s not real – and everything in between. Irrespective of where you stand on the subject, the government is taking aggressive action on climate change that will impact your business. The United States pledged a Net Zero emission target by 2050, and the Environmental, Social and Governance Score (ESG) is part of that plan. ESG is similar to a credit score that measures a company’s … [Read more...] about Connecting Business with Environmental Sustainability
How Incubators and Accelerators Help Drive Innovation
The origins of the modern-day business incubator can be traced back to Bell Labs, a company started by Alexander Graham Bell in 1925. Bell started the company to patent and launch his revolutionary invention, the telephone. Bell Labs’ journey and contributions to modern technology is a fascinating story. History-Computer.com does a beautiful job of explaining the origins and evolution of Bell Labs, including the involvement of companies like AT&T, Western Electric and Nokia. Alexander … [Read more...] about How Incubators and Accelerators Help Drive Innovation
Missions and Madness
If what happens in life sometimes feels like just a roll of the dice, Missions and Madness can train us to grab ahold of those dice, give them a toss and embrace whatever shows up including pirates, ninjas or a big T-Rex. Flagstaff filmmaker Morgan Boatman has been developing this outdoor adventure leadership game for about seven years. “There are three aspects to getting through life: finding a direction, taking action on that direction, and not giving up. Missions and Madness takes … [Read more...] about Missions and Madness
New NACET Flagstaff Leader Planning Campus Tours, Community Events
In our last column, Scott Hathcock addressed the phenomenal growth of Moonshot programming across the state. He also announced my appointment as the new executive director for the NACET campus. My love affair with Flagstaff began in 2015 when I relocated with a former employer to be the director of the Northern Arizona University Campus Bookstore. I was immediately embraced by the Flagstaff community and began to engage with local business owners. I saw a need for more small … [Read more...] about New NACET Flagstaff Leader Planning Campus Tours, Community Events
Inventor’s HeetShield May Soon Protect Space Deliveries and Firefighters
Whatever NASA wants to deliver to a planet or a moon from space – whether it is medicine, robots, experiments or humans – HeetShield founder and CEO Steve Miller is engineering a protective thermal insulation product that can wrap around it. He is testing his science technologies material now in Moonshot at NACET’s laboratory on McMillan Mesa. His patent-pending material has the attention of the Forest Service as well. This month, as wildfires rage across the West, the entrepreneurial … [Read more...] about Inventor’s HeetShield May Soon Protect Space Deliveries and Firefighters
