Limerick primary school absenteeism rates one of worst in country

first_imgLinkedin Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday Advertisement Twitter Celebrating a ground breaking year in music from Limerick RELATED ARTICLESMORE FROM AUTHOR Walk in Covid testing available in Limerick from Saturday 10th April by Andrew CareySign up for the weekly Limerick Post newsletter Sign Up [email protected] has the highest rate of primary school absenteeism outside of Dublin.Just over one in seven Limerick primary school pupils missed more than 20 days at school, according to latest statistics from the National Education Welfare Board (NEWB).The figures relate to 2010 and 2011 and show that Limerick was just two percentage points behind Dublin for non-attendance in excess of 20 days at primary schools.After a school notifies the NEWB that a child has missed over 20 days of school, a notice of attendance is issued and if there is an uncertified absence within seven days, parents or guardians could be fined or imprisoned for further breaches or non co-operation.With levels of absenteeism running at 13 per cent, Limerick is two per cent worse than the national average of 11 percent for pupils missing from school for more than 20 days.So far in 2013, a total of 31 prosecution under the 2000 Education Act have gone through the courts for both Limerick city and county.NEWB figures for absences in post primary schools for the same period show that while Limerick figures are one of the highest in Munster, there has been a marked improvement with the rate of absenteeism in the city and county only marginally above the national average.Longford has the worst figures for post primary absences where over one in four students miss in excess of 20 days at school.The NEWB have credited the number of court prosecutions in Limerick as a deterrent for parents as absences come closer into line with the national average.Limerick District Court Judge Eugene O’Kelly has stated that it is a “parent’s duty to ensure they get an education for their children”.However, the NEWB report indicates that non-attendance is higher in disadvantaged schools with non-attendance at primary level generally higher in schools involved in the School Support Programme (SSP).However, there is an important urban/rural dimension in non-attendance.General non-attendance and twenty-day absences are higher in non-disadvantaged urban schools than they are in disadvantaged rural schools. According to the NEWB, this pattern is stable year-on-year.Almost one-in-three second-level pupils at schools in disadvantaged areas are absent for at least 20 days in the year.This figure is down one per cent from 2009/10 and just over three per cent from 2008/09. In non-disadvantaged schools the figure for 20-day absences was 14.6 per cent for 2010/11, down slightly on the previous year.The figures published last week indicate that absenteeism of more than 20 days is more than twice the rate among students in non-disadvantaged schools – highlighting a perceived class divide in education.The NEWB have said that school absenteeism rates are improving and are at their lowest for five years.Each primary school year covers 183 teaching days, while at second-level it is 167 and nationally, 11 per cent of students have missed more than 20 days while the figure rises to just over 18 per cent for secondary school students.Absenteeism among primary pupils is generally more of a problem in urban areas and in areas of disadvantage than in rural and non-disadvantaged schools.It is also higher in special schools.Expulsions in the last number of years are still rare, according to the report.Only ten expulsions were reported in primary schools in 2009/10 and 16 in 2010/11. The corresponding figures at post-primary level were 148 and 136, accounting for less than 0.05 per cent of students.In Limerick, there were no expulsions recorded in primary school while less than one per cent of the student population were suspended.In secondary schools, just under five percent of students were suspended and less than 0.5 per cent were expelled.Nationally this related to over 1,200 suspensions in primary school and 13,878 in the country’s 692 secondary schools.Rates of non-attendance are higher in vocational and community /comprehensive schools than in voluntary secondary schools.Minister for Children and Youth Affairs Frances Fitzgerald broadly welcomed the publication of the analysis of School Attendance Data which, she said, showed a marked improvement in student attendance from previously recorded year.However she warned that the work to improve, regionally and nationally must continue as it was vital that the work to sustain improvement in school attendance must continue.“This must be a truly collaborative effort between schools, statutory and support services and the home and must deliver an integrated approach to supporting student attendance but also effective participation in education and retention in the school system.It is vital that we build an Irish evidence base for the work done by schools, statutory and other services to support children, young people and their families challenged by difficulties with school attendance, participation and retention. The findings of the NEWB research will be of great benefit to schools and to all who work in the area of children and their education”, she said.AdditionalDEIS -Delivering Equality of Opportunity in Schools (DEIS) the Action Plan for Educational Inclusion, was launched in May 2005 and is the Department of Education’s main policy instrument to address educational disadvantage. The action plan focuses on addressing and prioritising the educational needs of children and young people from disadvantaged communities, from pre-school through second-level education.Excluding special schools, non-attendance in Irish primary schools was 5.3 per cent of student/days in 2010/11, compared to between 5.1 per cent and 6.7 per cent for Northern Ireland, England, Scotland and Wales. Non-attendance for Irish post-primary schools was 7.8 per cent of student days, compared to between 6.5 per cent and 8.8 per cent in neighbouring jurisdictions. Email NewsEducationLimerick primary school absenteeism rates one of worst in countryBy Staff Reporter – November 15, 2013 778 center_img Print No vaccines in Limerick yet WhatsApp #SaucySoul: Room 58 – ‘Hate To See You Leave’ TAGSfeaturedfull-imageMusic LimerickNEWBschool attendance Facebook Previous articleUniform changeNext articleLimerick success in Pride of Place awards Staff Reporterhttp://www.limerickpost.ie #HearThis: New music and video from Limerick rapper Strange Boylast_img read more

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Rodgers praise for Liverpool owners

first_imgLiverpool manager Brendan Rodgers insists American owners Fenway Sports Group “define leadership” when it comes to running a football club. Southampton are the latest Premier League side to be thrown into turmoil by boardroom wrangling after chairman Nicola Cortese resigned following a disagreement with owner Katharina Liebherr. That is an all-too familiar scenario at Anfield where internal battles, politicking and point-scoring between former manager Rafael Benitez, senior figures and previous American owners Tom Hicks and George Gillett contributed to the club being brought to its knees just over three years ago. Press Association “When you talk about leadership, they define leadership. “They have shown that in other businesses they have run (the Boston Red Sox baseball team being their other major sporting involvement) in terms of having a vision and a strategy in order to get there and allowing a manger to come in and manage that process. “They have been brilliant from a personal level and hopefully they get their rewards over the next number of years.” Rodgers and Henry may discuss the January transfer window but the manager knows the chances of bringing in real quality this month may be slim. That does not mean Rodgers does not have targets or FSG are not willing to spend the money, just that it may not be worth doing so in such a truncated period. “There are no real developments yet,” said Rodgers, who is interested in Basle forward Mohammed Salah but is not willing to pay the price his club are asking. “We have been working for a number of months on possibilities which can strengthen the team and we need to see how that goes over the next couple of weeks. “I’m not concerned. The owners have been great in terms of if there is something there to be done that will help us, then I am sure they will support that. “I just think it is one where it will be a difficult market to improve on but it certainly won’t be for a lack of trying. “We are assessing a whole raft of players, it is just a question of whether they are going to be available to bring in now.” Rodgers is looking at getting summer signing Tiago Ilori some game time on loan, however, although youngster Jordon Ibe seems less likely to be given the same opportunity despite Rodgers suggesting last month he could also be loaned out. “It is something we will look to do with young Tiago,” said the Reds boss of his 20-year-old £7million signing from Sporting Lisbon who has yet to make his debut and has featured in only three matchday squads this season. “He has come in and now knows what Liverpool is about and the standards required. “It has been difficult for him in terms of game time because he hasn’t played, but he has come in and shown the profile of player we thought he would be. “We will look to get him a loan period now. He needs to be playing. “Jordon Ibe is a boy who is in and around the squad so we are balancing him at the moment. “He has been outstanding in training having been out for a few weeks with injury. “He is a young player who is learning all the time and is in no rush to go out. “At some point we will need to get him regular game time to push him forward as he can be a great player for us for the future.” FSG bought the club when financial pressures pushed Hicks and Gillett to breaking point and while the wrangling subsequently continued in the courts, things are now on a much more even keel. Principal owner John Henry and chairman Tom Werner are on Merseyside this week to check on their investment and take in the home game against Aston Villa. Rodgers will have discussions with them not only about strengthening his squad and the chances of securing a return to the Champions League, but also the health of the club in general. “We have regular contact anyway, this is nothing more than them coming over to look at the developments of the club,” he said. “There is no motive for them coming over only to see the club they own. “We’ll go for a meal, talk about Liverpool and that will cover everything: transfers, where players are at in their development and the overall club. “They’ve brought real strong leadership and vision, which I think is important. “They took over a club a few years back which was in disarray in terms of ownership and stability and they were one of the main principal reasons I came to the club because of the vision they had. last_img read more

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‘The ball doesn’t want to go in!’ – Suarez stumped by Liga goal drought

first_imgBarcelona striker Luis Suarez has admitted his frustration at finding himself unable to end his Liga goal drought, lamenting that “the ball doesn’t want to go in” for him.The Uruguay international netted for the first time in a Blaugrana shirt in Tuesday’s Champions League win at APOEL but he has yet to open his Primera Division account since making his debut against Real Madrid on October 25.Suarez had two major chances to score in Sunday’s 1-0 victory at Valencia, which came courtesy of Sergio Busquets’ last-gasp strike, but he was denied by a brilliant first-half save from Diego Alves before then being incorrectly flagged offside after tapping home with 20 minutes to go.”It’s an odd situation,” the former Liverpool striker told reporters after the game. “The ball doesn’t want to go in but I’m always working on it. “The goalkeeper saved the first one, but the second made me angry because I could see that I wasn’t offside. “I took a step back to make sure I was in the right position, in line, and that’s why I was angry. It was a fair goal.” Despite his disappointment, Suarez insists that he is capable of forming a prolific attacking triumvirate with fellow forwards Lionel Messi and Neymar.”My relationship with Messi and Neymar on the pitch is improving all the time,” the 27-year-old declared. “But there are other players in the squad who can also do their bit to help the team.”Indeed, Suarez was delighted that Sergio Busquets had decided a game in Barca’s favour that could easily have gone either way.”In games like these, you know you’re up against a tough opponent, and so you enjoy winning more and it strengthens the team,” the ex-Ajax man enthused.”Of course it could have been a very different situation. We could have taken a couple of chances and won the match, but then again, so could they.” Barca’s dramatic win at Mestalla sees them draw back to within two points of Liga leaders Real Madrid ahead of Wednesday’s Copa del Rey clash with Huesca.Much of the talk after the match was on Messi being struck by a projectile after Busquets’ late winner at Valencia, which bizarrely saw the Argentine booked after the referee perceived him to be time wasting.last_img read more

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LONGSHOT CRUCERO GETS TRIP & UPSETS FAVORED GOING SOMEWHERE BY A NECK IN MARATHON GRADE III, $150,000 SAN JUAN CAPISTRANO; DESORMEAUX BROTHERS TEAM TO GET 1 ¾ MILES ON TURF IN 2:49.46

first_imgARCADIA, Calif. (June 28, 2015)–With heavily favored Going Somewhere racing erratically early and late, longshot Crucero, who was ridden by Kent Desormeaux and trained by his brother, Keith, prevailed by a neck to win Sunday’s closing day Grade III, $150,000 San Juan Capistrano Stakes at Santa Anita. Second in a mile and a quarter turf allowance one week ago, the 5-year-old Florida-bred horse by Admiral’s Cruise covered a mile and three quarters on turf in 2:49.46.“Keith prepped him in a mile and a quarter race just 10 days ago (actually seven days ago, June 21) and I think he was a better horse today because of it,” said Kent Desormeaux. “He was aggressive last time and he just cantered around the racetrack today and had tons left down the lane…Some horses want a mile and three quarters, he could run two miles. He should probably live in Europe where they run that distance often. America needs some more two mile races.”Off at 23-1 in a field of seven 3-year-olds and up, Crucero paid $48.40, $10.00 and $4.20. Owned by Big Chief Racing, LLC, he picked up $90,000 for the win, increasing his earnings to $190,380. Crucero’s overall mark now stands at 17-2-5-5.“The typical signs after a horse runs a tough race are, they come out of the feed tub, they might not have as much enthusiasm during training, they lose a little weight. Typical stuff, and he didn’t show any of those signs during the week,” said Keith Desormeaux. “I did the best I could to convince myself not to run back in a week, but this race stared me in the face. A mile and three quarters, and with that long, lumbering stride he has, plus the fact that he can cover it so well, I just had to do it.”Going Somewhere, who is trained by Neil Drysdale and was ridden by Mike Smith, went to the lead after the first quarter mile down Santa Anita’s hillside turf course and took Smith to the middle of the course after he crossed the dirt coming into the stretch the first time and did the same when he came out of the Club House turn and started up the backstretch.“We had trouble with the bit,” said Drysdale, who has four San Juan victories to his credit. “We had the wrong bit on him. He ran dynamite considering Mike couldn’t steer him.”Third, beaten a length in the Grade II, 1 ½ miles turf Charles Whittingham Stakes May 24, Going Somewhere was off at 3-5 and finished second, 1 ¼ lengths in front of Decisive Edge and paid $2.40 and $2.10.Ridden by Flavien Prat, Decisive Edge paid $3.00 to show.Fractions on the race were 25.17, 49.91, 1:14.65, 1:41.11 and 2:06.98.Santa Anita’s 39-day Spring Meet drew to a close on Sunday and the track will re-open for live racing on Sept. 26. For more information, fans are encouraged to visit santaanita.com. –30–last_img read more

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Dixon sets sights on another double

first_imgVere Technical High’s middle-distance star, Britnie Dixon, will be hoping to add another double to an outstanding Champs career when she competes at next week’s ISSA-GraceKennedy Boys and Girls’ Championships.After winning the 800-1500 metres double a year ago in Class Two, Dixon will be competing for the first time in Class One when competition gets under way next Tuesday at the National Stadium.Unlike last season, however, Dixon will be hunting a 1500m-3000m double.Over the years, she has had some keen and close battles with Holmwood Technical’s Chrisanni May, who she defeated twice last year. Dixon stated in a recent interview that despite doing well over the 800 metres, she does not like the event.”I do not like the 800 metres as I lack speed and I am better at the longer races,” she said.NOT MUCH TO RIVALRYDixon downplayed the rivalry between herself and May. The two will only compete against each other in the 1500 metres.”My focus is just to go to the championships and be among the medals and get points for my team,” she said.Dixon also competed in the 3000 metres Open last year and lost to Hydel High’s Monifa Green. The two will meet again in the event this year, and Dixon believes that she will again be one of her top rivals.”In the 1500m, I see Ashani Robb and Kara Grant of Edwin Allen as my main rivals, while in the 3000m, it’s Kayon Green of Edwin Allen and Hydel’s Monifa Green, ” she said.Dixon, who won both the Under-20 1500m and 3000m at the recent Carifta Trials, paid tribute to her parents.”My parents are my biggest motivators as I always want to make them feel proud. I also owe a lot to my coaches and teammates,” she added.last_img read more

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Solar park ‘in line with energy plan’

first_img19 October 2010 South Africa is going ahead with its plan to build a multi-billion rand solar park in the Northern Cape, Energy Minister Dipuo Peters said following the release of the country’s draft 20-year electricity blueprint. The Integrated Resource Plan (IRP), a comprehensive policy framework on the country’s future electricital energy mix, has been released for public comment before going to the Cabinet for approval later this year. The Department of Energy said this week that the release of the IRP, contrary to some reports in the media, did not rule out the establishment of the 5 gigawatt park, one of the largest proposed solar parks in the world. Plan ‘allows for solar park’ Peters said the confusion around the solar park was due to the fact that its envisaged electricity generation ability surpassed the target for solar power set in the draft plan. Under renewable energy, the plan makes provision for 7 200 MW of wind, concentrated solar power, biomass and other renewables. Peters said the draft IRP was written with enough flexibility to accommodate the solar park concept, and reaffirmed her commitment to developing the solar park, which comes with an estimated price tag of US$10-million to $15-million. “Realistic targets for electricity generation can only be included in the IRP once we have completed the feasibility studies, which will provide certainty on the necessary core data with regard to the time-frames for the implementation of the envisaged solar park, the scale of its operations (and the) mix of solar technologies that will be used to generate electricity,” Peters said.Investors’ conference A pre-feasibility study by the Clinton Climate Initiative showed that solar projects could generate up to 5 gigawatts of cost-effective electricity in South Africa. The department has commissioned US company Fluor Corporation to develop a conceptual study, followed by a more detailed design plan for the solar park. The conceptual study will be unveiled at the South African Solar Park Investors Conference in Upington on 28 and 29 October. “We are closely collaborating with South Africa’s Department of Energy and the Clinton Climate Initiative on this potential flagship solar power development,” Dave Dunning, president of Fluor’s Power Group, said in a statement last week. “Our company has a strong track record of achievement in South Africa. Just last month, Fluor commemorated its 50-year anniversary of ongoing capital project development in South Africa, and we hope to bring this clean energy initiative to fruition.” The department intends to establish a Solar Park Authority as a unit within the state-owned Central Energy Fund to facilitate the advancement of the project. The Northern Cape is ideal for a solar park because of the abundance of sun in the province. Land availability, connection to the grid, and water availability (through the Orange River) were also deciding factors in choosing the Northern Cape, the department said. SAinfo reporter and BuaNewslast_img read more

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South African business gives budget a thumbs-up

first_imgMinister of Finance Pravin Gordhan (Image: GCIS) MEDIA CONTACTS • National Treasury   Communication Unit  +27 12 315 5944RELATED ARTICLES • Motor industry, government talk more jobs • Impressive growth at SA’s Ngqura Port • Investors prefer Cape Town • SA budget most transparent in worldWilma den HartighSouth Africa’s medium-term budget, recently presented by Minister of Finance Pravin Gordhan against the backdrop of the fiscal crisis in Europe, was well received by numerous financial analysts and the business community.According to Business Unity South Africa (Busa), the overall message of the medium-term budget is positive for business confidence.In a statement, Busa said it was pleased with Gordhan’s realistic assessment of the country’s economy and the external and internal factors affecting South Africa’s economic performance and outlook.Good news for investorsIn an important move to encourage investment in South Africa and Africa, Gordhan announced changes to create a more competitive investment environment that would also reduce the cost of doing business.The National Treasury proposed changes to local listing rules on the Johannesburg Stock Exchange (JSE) that all inward listed shares on the JSE are to be classified as domestic. This means that foreign companies listed on the local stock market will be traded without limits.Gordhan’s proposal is intended to enhance the ability of the JSE to attract new listings and boost investment in Africa.“We have also agreed on several reforms to improve South Africa’s position as a financial gateway into Africa and facilitate cross-border transactions,” he said in his speech.Steps will also be taken to simplify procedures and reduce the cost of cross-border money remittances, particularly to neighbouring countries and the rest of Africa.Russell Loubser, CEO of the JSE, welcomed the minister’s announcement. “We very much appreciate the thoughtful and careful manner in which National Treasury and the Financial Services Board have engaged on this issue, which clearly has an important impact on the markets,” Loubser said in a statement.He added that the move will further improve the reputation of the country’s markets by enabling the JSE to more aggressively pursue a wider range of investment possibilities.According to Moneyweb, South Africa’s exchange-control rules currently limit the number of foreign assets listed on the JSE that local individual and institutional investors may own. This is known as prudential limits.With the new proposal there will not be a regulatory burden to list on the JSE.AJ Jansen van Nieuwenhuizen from Grant Thornton Advisory Services said government’s intention to simplify procedures and reduce costs relating to cross-border money remittances, particularly to neighbouring countries and the rest of Africa, will be positive for the country.“It will provide a much-needed boost to South Africa truly becoming a gateway to Africa,” Jansen van Niewenhuizen said.Infrastructure spendingGordhan announced that the government is to place more emphasis on funding the development of long-term infrastructure.“Infrastructure projects in energy, roads, rail, telecommunications and water will ease bottlenecks and reduce costs in the rest of the economy, crowding in private investment and improving access to export markets,” Gordhan said.Public-sector investment in infrastructure, which has increased from 4.3% of the GDP in 2005 to 7.5% in the first half of 2011, is still central to the government’s economic development plans.Over the next three years the government plans to spend R802-billion on infrastructure. The largest share of funds will be allocated to energy, transport and logistics, water and sanitation.Included in these investments are Eskom’s capital expenditure programme, which is expected to double electricity generation by 2025, and the expansion of bulk freight rail, which will help raise transport volumes from 47-million tons to 60-million tons.He also said that Treasury plans to provide R25-billion over the next six years to stimulate industrial development zones, boost investments in enterprises and job creation, support green initiatives and to get the private sector to partner with the public sector to invest in infrastructure.More funds for industrialisationThe minister also proposed that R25-billion be made available over the next six years to boost industrialisation, but he said that how the funds are implemented is important.The package would include temporary mechanisms to strengthen productivity and innovation in industries that have demonstrated long-term competitive potential.Raymond Parsons, deputy chief executive of Busa, told Bua News that it was important for government to collect the R25-billion under a fund focused on competitiveness.“That puts the focus where it belongs. If South Africa really wants to grow, create jobs and address poverty, it’s important that our competitiveness in the world economy is increased and strengthened,” Parsons said.Positive ratings for SAAccording to Global Advisors, a strategy and management consulting organisation, numerous ratings agencies have responded positively to the medium-term budget.Although the South African Treasury has made downward revisions to growth estimates and announced a delay in cutting the budget deficit, Fitch Ratings described South Africa as “fine”.Veronica Kalema, director of sovereign and international public finance at Fitch, said that the problems the country was experiencing were “due to the global environment, which is having a negative impact on most countries”.Earlier this year, Fitch Ratings revised South Africa’s outlook to stable from negative.Konrad Reuss, managing director of Standard & Poor’s credit rating agency, confirmed it would uphold South Africa’s BBB+ rating with a stable outlook.In investment, BBB ratings refer to the bond credit rating that assesses the credit worthiness of a corporation’s or government debt issues. The credit rating is a financial indicator to potential investors of debt securities such as bonds.Reuss said it is important that the Treasury has maintained its policy commitment to a medium-term fiscal consolidation and debt burden reduction.Chris Hart, an economist at Investment Solutions, was quoted saying that “South Africa looked a model of stability”. He added that in comparison with many “advanced economies”, South Africa did not have a problem with its banking system.• At the time of publishing the dollar to rand exchange rate was US$7.8 = R1last_img read more

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The Investment Landscape of the Future: Toward Many Silicon Valleys

first_imgBacking companies with ‘tunnel vision’Regions will naturally have varying degrees of success, but for one area to take the lead in a given sector, it needs to be capable of thinking beyond its geographical boundaries. When Juicero raised $120 million for its Wi-Fi-powered juicer, everyone outside the tech hive mind was baffled. The product was deemed cool by California’s elite, but even that group couldn’t keep the company going; Juicero closed shop in September. Cities, conversely, are presented with the opportunity to prioritize home-grown entrepreneurs over existing hub creep: While Toronto bids for Amazon’s second headquarters, business leaders are advocating the city not overlook the valuable startup talent already on its doorstep. If investors make their pools of capital flexible and transparent, like public financial markets, more people would trust the industry, which would lead to stronger growth for everyone in California and far beyond. When Finance Minister Bill Morneau claimed Canada doesn’t have a competitiveness problem, influential economist David Rosenberg responded, “The data are the data.” Only now — with the turbulence brought about by the Trump administration — are the tides starting to turn. And more and more entrepreneurs and investors are finding is that a Bay Area ZIP code is not actually a prerequisite for success. Draining our other tech hubsThere’s a troubling trend that the concentration of tech companies has created: brain drain in the rest of America’s (and Canada’s) ecosystems. While landing a role at a Silicon Valley company may be the holy grail for many programmers and developers, this spells trouble for other large tech sectors, like New York, Boston, and Austin, that may struggle to find the same talent. How OKR’s Completely Transformed Our Culture Detroit is still the car center of America because automakers don’t just produce cars for people driving in Michigan. Wall Street and London remain the financial centers of the Western world because they don’t focus solely on the economies of their host regions. Even Canada, backed by unique venture capital markets, has become a hub for mining, cannabis, and blockchain. Silicon Valley can be the tech center of the world if it wants, but it needs to focus on developments that have meaning beyond the Golden State’s borders to avoid more disasters like Juicero. Tags:#startups#tech investing Brady Fletcher is the managing director of TSX Venture Exchange, a public venture market. The views provided in this article reflect those of the individual author. This article is not endorsed by TMX Group or its affiliated companies. How to Get Started in China and Have Success What We Stand to Lose With Insular Thinking What We Stand to Gain From More Than One ValleyReactive, nondiversified investing isn’t a cardinal sin. However, it isn’t often a successful investment strategy, either. Here in Canada, we’ve long struggled with highly educated and talented individuals taking jobs down south rather than sticking around to build their careers — and companies — on home turf. WIND Mobile founder Anthony Lacavera sees this trend at work in Canada’s eagerness to welcome American tech giants, a move he considers to be shortsighted: “The star performers that should be rising to the top in our country — the best Canadians marketers, developers, engineers — are going to end up getting pulled by a logical career path to the U.S.”center_img However, Silicon Valley has, for all its successes, been accused of insularity: There’s the idea that startups rise not on their own merit, but rather on investments that follow investments. In other words, one venture capitalist backs a company, then his or her friend backs the next round, and so on. This notion of a “VC inner circle” may not be totally founded, but it does bring to the foreground an interesting question: how inclusive are our startup communities, and how can VCs ensure they’re not driving valuations too high, leaving a mess of valuable but overvalued companies in their wake?The United States has started to crack down on foreign investments in California, which could direct investors elsewhere. This is good news for both investors and startups, and we see disruptive ideas come from Austin, Texas; Waterloo, Ontario; and beyond. Increasingly, funding is directed at areas outside of Silicon Valley, supporting other burgeoning areas of the country and continent where equally deserving entrepreneurs are getting their companies off the ground. Even if Blackberry is a shadow of its former figure, the talent it attracted north of the border continues to pay dividends within the Canadian ecosystem. So how do we achieve productive change in the short term? For the good of investors, startups, and everyone in between, investors must consider the merits of opportunities in other regions to reintroduce the kind of competition that will keep all parties accountable. This shift might be slow, but at the end of the day, it benefits both Silicon Valley and other innovation hubs. As VCs stop driving public interest solely to Silicon Valley startups, companies both in the Valley and around the globe will increasingly grow on the merit of their ideas and the market demand for their products. Brady FletcherManaging Director at TSX Venture Exchange What Nobody Teaches You About Getting Your Star… Related Posts For one thing, the problems that entrepreneurs are working to solve outside of central hubs may have a larger addressable market. By supporting tech initiatives in far-flung locations, investors have the opportunity to reap the benefits of diverse perspectives and myriad approaches to complex issues. Spreading the wealth also relieves the pressures associated with major tech hubs, including rising housing prices and population squeeze. We all know by now that “Silicon Valley” has become more or less synonymous with “innovation.” The United States now has more than 100 unicorns (startups that reach $1 billion valuations), and while research from Stanford suggests some of these companies might not be all they seem — with an average valuation of 48 percent above true value — these numbers point to the impressive growth and support in the United States’ startup scene. China and America want the AI Prize Title: Who … And then, there’s collaboration: Think of the drugs that are developed cross-nationally or agricultural solutions that are applicable in multiple situations. Technology has paved the way for broader collaboration internally, meaning companies can lean on everything from videoconference calling to robotic surgery from remote locations to get the job done. Innovation is no longer limited by geography. These advancements — and more — present a compelling argument for a wider investment strategy.Silicon Valley may have paved the path, but there’s no reason why other cities can’t iterate and produce successful tech centers of their own. To make smarter profits, investors who have previously focused on Silicon Valley must consider opportunities more critically — even if that sends them outside of their area code. They need to start prioritizing the best companies and talent over Silicon connections.last_img read more

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Three injured in blast at ordnance factory in Jalgaon

first_imgThree persons were injured in a blast at an ordnance factory in Maharashtra’s Jalgaon district on Friday, police said. The incident took place at around 9.45 a.m. at the ordnance factory in Varangaon, where three employees sustained serious injuries, an official said.The injured were rushed to a private hospital in Jalgaon town and are undergoing treatment, he said. The exact cause of the blast is yet to ascertained, he said, adding that the police are in the process of registering the case. Ordnance factories manufacture armaments for the Indian Armed Forces.last_img read more

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Last ambition is to win the World Cup: Afridi

first_imgPakistan’s One-day captain Shahid Afridi on Friday said that he is left with only one ambition in his cricketing career and that is to end his playing days by winning the World Cup for his country.Afridi told the media in Lahore in Friday that he had a burning ambition to see Pakistan win the World Cup.”Part of that ambition was fulfilled last year when we won the T20 World Cup in England but as captain I would love to end my career having led the side to the World Cup title next year in the sub-continent,” he said.Afridi pointed out that 2010 had been a very demanding year for Pakistan cricket and he wanted to see the team start off on a winning note in 2011.”In the new year we will try to give Pakistan cricket the place it deserves,” said Afridi.The skipper also clarified that he had never said that the national team was not on the right track as far as preparations for the World Cup is concerned.”I think I was misunderstood in what I wanted to say. I was talking about settling on a 100 per cent combination but I believe that we have already accomplished 90 per cent of the task in finalising our squad for the World Cup,” Afridi said.The flamboyant allrounder said that the upcoming tour to New Zealand would help the team prepare for the World Cup.”I am sure that this tour will enhance the confidence of our players and that would reflect in the World Cup. Playing in difficult batting conditions in New Zealand and then on the subcontinental pitches in the World Cup will be something our players will relish.”advertisementHe pointed out that both Pakistan and New Zealand are searching for victories and to hit the right form before the World Cup. And that is why the forthcoming series would be intensive and interesting.”If we can take advantage of the pressure the Kiwis are feeling right now after being beaten by Bangladesh and India, then I am sure our players will go into the World Cup as a confident lot.”On the presence of former captain Javed Miandad in the training camp as batting consultant, Afridi said it was definitely a positive move.”Obviously I don’t think that Miandad can now change the technique of atleast the senior players but his guidance is much appreciated and the tips that come from him are always very helpful,” said Afridi.”I have told the players to try and take maximum advantage of Miandad’s presence in the camp.”Afridi confirmed that the ICC had recorded his, coach Waqar Younis and the team’s security manager Colonel Najam’s statements in connection with the spot-fixing allegations.”What they asked us we told them. That is all,” said Afridi.last_img read more

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