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Turkish Boutique Producer Akuvatur Eyes US Market

BOSTON — Turkish aquaculture fish producer Akuvatur plans to grow its sales in the US market, as the popularity of seabass — known as branzino in the US — increases in the North-American market, Huseyin Tosun, Akuvatur's Mediterranean fish export manager, told Undercurrent New...

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Turkish Airlines to Sponsor US Football Side

Turkish Airlines on Tuesday signed a sponsorship deal with American professional football club Indy Eleven, based out of Indianapolis, Indiana. The agreement sees Turkish Airlines become the official international airline partner of the club which plays in the North American Soccer League. &quo...

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Omer Asik's Bacterial Infection and Weight Loss Will Reportedly End His Season

Omer Asik’s season appears to be over, which doesn’t constitute major news on its own, because the Turkish 7-footer’s minutes have steadily declined since he joined the New Orleans Pelicans three years ago, but it’s how his 2016-17 campaign is coming to a close that is both ...

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How Two Armenian Immigrants Made Turkish Delight An American Hit

By Tove K. Danovich -  Liberty Orchards in Cashmere, Wash., which was founded by two Armenian immigrants, still makes Aplets & Cotlets, a variation of Turkish delight that includes apples, apricots and walnuts. In 1921, an ad in The Seattle Times touted a brand new candy called "A...

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The New York Librarian Who Nearly Ruled the Ottoman Empire

ISTANBUL, Turkey — Osman Bayezid, the last Ottoman heir, liked to eat and throw dinner parties where circassian chicken, borek‌ and stuffed grape leaves were served liberally. His fondness for lavish Ottoman-style food was so much that when a doctor asked him to cut his meals, he went...

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Ozmen Ventures Launches $5 Million Fund to Spark Local Entrepreneurial Ecosystem PDF Print E-mail
2017-02-23 21:09:30
Image Ozmen Ventures has announced its launch as one of the first early-stage investment funds in northern Nevada. Founded by Eren and Fatih Ozmen, owners of Sparks-based Sierra Nevada Corporation (SNC), a global aerospace and defense company, the fund aims to invest in young and dynamic local startups and cultivate the local entrepreneurial ecosystem. Ozmen Ventures is a seed and early-stage venture capital fund headquartered in Reno. The fund has already made an investment in ClickBio, an innovator in the laboratory consumables industry.
"The Ozmen Fund fills a critical gap in Reno’s startup ecosystem" said Doug Erwin, vice-president of entrepreneurial development at the Economic Development Authority of Western Nevada (EDAWN) in a press release. "Early stage capital has historically been challenging to find locally and Ozmen Ventures really changes the landscape."

"Our organizational strategy has been based on maintaining an entrepreneurial culture and focusing on growth based on innovation, agility and synergy," said Eren Ozmen, president of SNC in a press release. "We intend to apply this value creation experience to help startup businesses under Ozmen Ventures to grow."

With the Ozmens at the helm, SNC has grown from 20 employees to more than 3,000 personnel in 34 locations worldwide. They have acquired 19 small companies, and have grown each of them into large organizations within the SNC enterprise. SNC has been honored as one of "The World's Top 10 Most Innovative Companies in Space," and one of America's fastest growing companies.

Kerem Ozmen, managing director of Ozmen Ventures, shares Eren's vision. “We intend to take a hands-on approach from the very beginning, collaborating with passionate entrepreneurs from all sectors to transform their vision into reality. We have a shared commitment to innovation, new technologies and entrepreneurship. Our vision is to make Reno into a thriving entrepreneurial hub by attracting outside talent and supporting the best local entrepreneurs to become market leaders.”

With a long track record of success in starting, guiding and investing in small to medium-sized companies, the fund's strategic advisors will help guide ambitious start-up teams through the labyrinthine journey from conception to value creation. The lead advisor of the fund, Chris Howard, is CEO of Northstar Investment Advisors, principal of Nevada Ventures, and a professor at University of Nevada, Reno. Northstar was ranked in the top 10% for performance of all nationally registered VCs.

As its first investment, Ozmen Ventures funded Clickbio, a Reno-based company in the laboratory consumables market. Ozmen Ventures co- invested alongside with Watershed Growth Ventures, another local venture fund with a shared vision for supporting early-stage companies in the Reno area. (http://www.nnbw.com)
Last Updated ( 2017-02-23 21:10:37 )
 
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TurkeyATAA Condemns the Cowardly Terrorist Attacks Against Turkish Nation

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