The Capitol Region Chamber chartered in 1993 and registered in Delaware as a non-profit in 2005. The Chamber is not a traditional chamber of commerce. It is better described as an economic development and wealth creation organization to the emerging markets governments it serves, together with its members, strategic alliance partners and local stakeholders. We provide business to business referrals and introductions to businesses and associates inside as well as outside of our core network where synergies exist.
The Capitol Region Chamber of Commerce was established to implement the chamber’s domestic & international community and economic development programs through public private partnership agreements with participating governments, and memorandum of understandings (MOU) with in-country domestic and international partners and stakeholders.
In undertaking these tasks, CRCC has established for-profit and non-profit registered program management corporations for the purpose of engaging in medical capacity building infrastructure development, agricultural, precious metals, commercial, industrial, pharmaceutical, telecommunication, and petroleum enterprises and associated development. Through these companies, the CRCC has a specific focus on enjoining joint ventures and strategic alliances domestically and internationally, and as a result has established partners and strategic alliances with deep industry knowledge across most major industry sectors. CRCC focused markets include South America, Africa, and offshore U.S islands and territories.
The chamber’s activities include providing various forms of technical assistance to individuals, emerging markets governments, companies, and entrepreneurs. This assistance is in the areas of equity funding, teaming arrangements, mergers, strategic alliances and relationships with various principals in the financial markets, public sector, heavy construction, development and manufacturing concerns, investment and teaming incentives for tax purposes, teaming arrangements and joint ventures.
The chamber also provides consulting and technical assistance to emerging markets governments, companies, entities, and entrepreneurs, in the areas of economic development (financing, strategic planning, marketing, and contract procurement).
Through an experienced and broad base network with deep industry knowledge, the chamber has the capability to assist and provide management and joint venture teams the following:
· Financing, planning and design of construction projects ( hospitals, health centers,
clinics, schools, energy, housing, casinos, etc., ); and
· Financing, planning and design of other construction projects and public private partnerships ( irrigation, sewer and water systems, pipeline, golf courses, RV parks, etc. ); or Capital formation for development of real and personal property; and
· Construction or construction management of the previously described construction projects ( fixed price or cost reimbursement type of contracts ); and
· Resource development and environmental assessments, environmental needs assessments (transportation, mineral development, oil & gas development, etc.)
The chamber currently has targeted projects in the Democratic Republic of Congo, and selected Central & West African countries, and US offshore islands.
THE CRCC INDUSTRY DEVELOPMENT OBJECTIVES-Emerging Market Businesses
CRCC's growth capital funds offer a diversified approach to an overlooked but potentially dynamic area of the global economy. Elements of the Growth Capital strategy include:
By taking a control or significant minority position, CRCC will work closely with company management to develop and execute strategy. Our vast network of contacts enables us to enhance the professionalism of sales, marketing, and other vital company functions through the recruiting of experienced executives.
CRCC intends to acquire interests whenever possible through direct negotiation. Recently, valuations in the manufacturing and business services sectors have been especially attractive.
CRCC will evaluate each company in its portfolio for exit opportunities and strives to maintain an investment holding period of three to five years. During that time, CRCC seeks to enhance the attractiveness of the companies to the public securities market.
WHY MANUFACTURING AND BUSINESS SERVICES?
In the high tech rush of recent years, some seemingly less glamorous sectors have fallen undeservedly out of favor. Too much reliance on human resources, claim some private equity sponsors. Too much uncertainty because of regulatory changes, technological advances, and competitive factors, claim others.
And yet the U.S. Department of Labor projects that manufacturing and business services collectively will grow faster than the rest of the U.S. economy. Furthermore, these sectors are expected to create job growth at a faster pace than all other sectors combined.
CRCC will invest in manufacturing and business services companies in high growth potential emerging markets to be linked to US markets. These companies have had to rely on internal cash and bank debt for growth capital. Now via CRCC business development fund they can receive the capital they need to:
- Develop new products
- Expand physical facilities
- Enhance sales and marketing capabilities
- Deploy succession planning strategies
This is an outline of the CRCC Business Development Plan, which we are certain will lead to the matrix required for underserved populations to become successful in the global economy. The plan is primarily focused on two target groups, which we view to be required catalysts, in the economic sustainability of underserved communities. The first group we address in the plan is the underserved urban business community in the US, the second underserved urban businesses in emerging markets outside of the US. We define these two groups in our model as aspiring entrepreneurs, and small to mid size businesses.
Presently we identify these group to be deficient in the following areas: management expertise, accounting and legal services, and most importantly unparallel lack of access to business start up and growth loans compared to their counterparts. These realities cause the underserved urban business community to be non competitive, and more importantly unable to contribute more favorably to the local urban economy, which should be their base.
The CRCC Business Development Plan addresses the underserved urban business communities challenges by offering the services and products required to start, maintain, and grow a business. The businesses which participate in the CRCC Business Development Plan will receive the following:
A. Access to management expertise and consultant services.
B. Access to accounting and legal services.
C. Guarantee business loans up to 250,000, special cases up to 500,000
These three components will aid the success of the underserved urban business community and allow us to build upon the local urban economy.
The proceeds from funded instruments are utilized to purchase assets in various economies, financial infrastructure, and the establishment of large scale projects on the continent of Africa. Projects which we program manage through the CRCC non-profit and for-profit corporations to create a healthy ROI, create jobs, and develop various segments of the labor force.
Africa is the primary investment focus of the fund. Each country on the continent will have it's own unique investment strategy. However every country will have what we refer to as capacity building models, where we invest in the following sectors:
1. Industrial agriculture and food systems
2. Health Care (national) medicine production facilities
3. Education all levels
5. General investment IE (manufacturing facilities, call centers, processing centers for commodities).
Our affiliated financial institutions facilitate issuing of loans to the emerging markets underserved urban small business communities in the US and on the continent of Africa.