News

shuttle serviceTanger Outlets Hilton Head is offering shuttle service between its two shopping centers in Bluffton. The service will continue through Aug. 31. The shuttle runs daily from noon to 4 p.m., departing Tanger 1 every 30 minutes on the hour and half hour, and Tanger 2 on the :15 and :45. The shuttle stops at Tanger 1 will be behind Shopper Services and across from Saks Fifth Avenue OFF 5th by the gazebo. The shuttle stops at Tanger 2 will be behind Shopper Services and at the crosswalk by Kilwin’s Chocolates & Ice Cream and the Salty Dog Restaurant. 

Assisted Living FacilityPalmettos of Bluffton, a NHC Bluffton skilled nursing facility, is scheduled to open in September. The facility will include 55 assisted-living apartments and 20 memory care apartments. Planned amenities include a library, a gym and a putting green. 

Prevent PollutionThe town of Bluffton will be installing six signs to identify coves that drain directly into the May River and to remind town residents and guests not to litter. Two signs will be placed at Heyward Cove on Bridge Street, two at Huger Cove on Bridge Street, one at Verdier Cove and one on Lawrence Street. 

The waiting is the hardest part. Those who have endured three years of the Bluffton flyover construction project connecting Bluffton Parkway with the bridges to Hilton Head Island can finally exhale upon its scheduled June 30 completion.

With what began in May 2013 as a 30-month project — with one delay pushing back its original November 2015 deadline — the $45 million capital improvement will transform the traffic flow on and off the island along U.S. 278. Incoming traffic from the mainland and traffic coming off the island should experience considerable ease of travel, less congestion and fewer delays.

DENISE GARISONOn May 3, the Beaufort Country Board of Education approved Denise Garison, who has been an educator for 30 years, to replace current Bluffton High School principal Mark Dievendorf when he retires on June 30. Garison most recently served as principal of Jack Britt High School in Fayetteville, North Carolina, where she had a strong track record of academic growth and on-time graduation.

LUNCH AND LEARN
Becoming an ANGEL Investor??

Angel Investors are a key part of the Entrepreneurial business development cycle.  Angels provide the base level support to move a new venture from proof of concept to customer acquisition and growth. If the growth is successful then the Angel has opportunity to profit, if not there may be a few pivots by the business but if customer traction does not develop then the investment is at risk.

Angel investing is always a learning process as the product/service is likely new and different, often disruptive and the firm is new and formative in terms of putting together its operational services. But if the product/service hits willing and engaged customers and solves an opportunity problem (Uber, Airbnb, Trip Advisor, etc.) the outcomes can be huge (Unicorns are new companies that quickly grow to Billion dollar valuations) even those with more reasonable outcomes can generate significant ROI.

The Lunch and Learn session will be held on Wednesday June 22 at a location on Hilton Head Island. If you meet the SEC criteria for being an Angel there will be a follow-on session on June 29th (Lunch and evaluate) a real deal from the SC Angel Network (SCAN). After that you will have an opportunity to consider joining with other Angels in SCAN and evaluating and considering investing in opportunities via a regular deal flow process.
The Lunch and Learn session will cover:

  1. Where Angels fit in the Entrepreneurial Ecosystem
  2. What Angels provide for entrepreneurs
  3. The potential returns
  4. The high level of risk
  5. How to evaluate the potential of new entrepreneurial opportunities
  6. Valuation and Terms and due diligence activities
  7. The SEC rules
  8. The Jumpstart rules  (crowdfunding)
  9. Lone Wolf versus Angel Groups
  10. Does being an Angel fit your capability and capacity??
  11. Exploring the opportunity further

Sign up now to receive the information on the June 22 venue location (timing is 11am to 1:00pm.) The session is a quality learning opportunity where the issues and your questions will be competently handled.

Details of the June 29th session will be provided to those qualified and interested. There is no charge for either.

 

 

State Rep. Jenny Horne is running for Congress, challenging incumbent Republican Mark Sanford in the coastal 1st Congressional District. The Republican primary election is June 14. Horne is a Republican member of the South Carolina House of Representatives, representing District 94. She was first elected to the chamber in 2009.

Mitchelville PreservationThe U.S. National Park Service’s National Underground Railroad Network to Freedom Program will recognize the Mitchelville Preservation Project, Hilton Head Land Trust’s Fort Howell, and the Heritage Library for their efforts in preservation and education at the National Underground Railroad Conference June 13-16, which is being held on Hilton Head Island.

The Shelter Cove Summer Community Market will take place at Shelter Cove Community Park on Tuesday evenings from 4:30-7 p.m. June 14 to Aug. 9, with the exception of July 5. The market will include produce, art, baked goods, specialty foods and prepared foods. There will also be activities for kids including a bungee jump, bounce houses, a rock wall and a zip line.