solarprogramMore South Carolinians will soon be able to harness the power of the sun, thanks to a new solar energy initiative by South Carolina Electric & Gas Company. The company recently announced plans to launch a community solar partnership with Clean Energy Collective. An alternative to rooftop solar, CEC’s RooflessSolar will give SCE&G residential electric customers, schools, churches and municipalities the opportunity to subscribe to or purchase panels in solar farms and receive credit for solar generation on their energy bills each month.

libraryhoursBeginning Oct. 1, operating hours will expand at southern Beaufort County’s two library branches. The Hilton Head Island library will be open from 9 a.m. to 7 p.m. Mondays, 9 a.m. to 8 p.m. Tuesdays, 9 a.m. to 6 p.m. Wednesdays, 9 a.m. to 8 p.m. Thursdays, 10 a.m. to 5 p.m.

The Town of Hilton Head Island issued $27.885 million GO Refunding Bonds on Sept. 1 to achieve savings through lower interest rates. The new bonds replaced 2005, 2008 and 2010 bonds totaling $28.440 million. The town will realize $3,000,322 in savings over the life of the bonds. Recently, the town underwent a rigorous bond ratings process; all three municipal bond rating agencies affirmed the town's strong ratings citing strong financial practices leading to ample financial reserves and high liquidity as well as a very strong economy.

Open enrollment is the period each year when you’re allowed to start, stop or change your health insurance plan. Normally, you sign up around the end of one calendar year for coverage that lasts the full next year. The open enrollment window for private, individual health plans will last three months for 2017 coverage: Nov. 1 to Jan. 31.

To those of you on the island who appreciate when Hilton Head turns to fall, slows down and relaxes a bit, will want to attend the Coligny Outdoor Market on September 16th. 

From 4-7pm, the popular Coligny Outdoor Market, now a year old will return to Hilton Head's Downtown. With food trucks, street-style vendors, artists and craftsmen and music by Whitley Deputy and the B Town Project, plus TONS of kids activities, this is a simple return to the beach after a very popular summer! 

Want to find the friendliest city in the world? Here in South Carolina, you won't have to go far. Charleston has topped Conde Nast Traveler’s list of the  "Friendliest Cities" in the world. In justifying the ranking, the magazine quoted one reader who said, "it has the charm of the South, the sophistication of the city, and a warmth and friendliest that is unmatched."

Uber, the on-demand car-hailing service, operates in more than 450 cities around the world, including the Town of Hilton Head Island. Monthly “Ubered” for a week, interviewing local drivers. Here’s what we learned.

The next time you Uber, don’t be surprised if your neighbor rolls up to the curb in a polished Lexus or Mercedes with leather seats.

We all know that the United States was built on the notion of the American dream. This concept has fundamentally impacted not only our way of life, but who we are as a people. We all strive for it. It’s like apple pie and baseball. It is the core principle that has driven us as Americans. And it is the American dream that attracts people from around the world to our way of life — they are attracted to our country by the limitless possibilities that the American dream represents.

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.