Gulfshore Business Daily: January 31

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TGR FINANCIAL YEAR-END INCOME UP

TGR Financial Inc. (TGRF), the holding company for First Florida Integrity Bank, announced 2018 earnings growth of 85 percent with its year-end financial results. The company produced a return on average assets of 1.1 percent on record earnings of $15 million for 2018. Earnings represented $0.78 per diluted share for the year, an increase of $0.35 over prior year. Common shares of TGRF closed on Jan. 29 at $11.16.  Net income for the year was $15 million, an increase of $6.9 million compared with 2017 results.

GATES ADDS INVESTMENT PARTNER FOR GROWTH

FG Capital, a private equity firm, is a new investor and growth partner for construction firm GATES. The principal behind FG Capital is an entrepreneur and the American founder of VEON, the seventh largest mobile telecom company in the world. VEON began with 13 employees and at its peak grew into a global company with more than 60,000 employees and a market cap of $45 billion on the New York Stock Exchange.

NATIONAL SMALL BUSINESS WEEK AWARD NOMINATIONS EXTENDED

Due to the federal government shutdown, the U.S. Small Business Administration (SBA) has extended the deadline for the 2019 National Small Business Week Awards nominations. Now, all nominations must be submitted no later than 3 p.m. Feb. 4. A National Small Business Week award is one of the nation’s highest honors for small business achievement.

SBA Awards given in celebration of National Small Business Week, May 5-11, 2019, include the following: Small Business Person of the Year, Small Business Exporter of the Year, Phoenix Awards for Disaster Recovery, Federal Procurement Awards, Jody C. Raskind Lender of the Year, Small Business Investment Company of the Year, and Awards to SBA Resource Partners.

All nomination packages must be hand delivered or mailed to the nearest SBA Office.  Email submissions of SBA Awards forms will not be accepted as they contain personally identifiable information. Visit www.sba.gov/nsbw to download forms, criteria and guidelines for submitting a nomination.

CHARLOTTE COUNTY EDP APPLICATIONS AVAILABLE

The Charlotte County Tourist Development Council (TDC) is accepting applications for the 2019 Summer and Annual Event Development Program (EDP). The application is available at www.PureFlorida.com/tdc/edp. Applications are accepted until 5 p.m. on Feb. 22 by emailing Brynja Phipps at Brynja.Phipps@charlottecountyfl.gov or by personal delivery to 1700 Tamiami Trail, G-2, Port Charlotte.

Applicants must present their application to the TDC during the March 8 meeting. The Charlotte County EDP provides funding to assist in the development of new events, occurring in low or shoulder seasons, which promote Charlotte County as a tourist destination. The primary objectives of this program are to attract overnight visitors to Charlotte County and to promote tourism in Charlotte County. The program is administered through the Punta Gorda/Englewood Beach Visitor and Convention Bureau. ​

HODGES BOARD OF TRUSTEES CHAIR NAMED

Clyde Quinby has been named the chair of the Hodges University Board of Trustees. A longtime resident of Naples and supporter of higher education, Quinby has served in various capacities on the university’s board of trustees since 2015. Hodges University is a regionally accredited, private nonprofit with more than 10,000 graduates having a 93 percent rate of continued success in careers. For more information, visit Hodges.edu.

TEAMLOGIC IT EXPANDS STAFF

TeamLogic IT has undergone several staff changes to support its growing number of clients. Russell Barrick is the newest member of the TeamLogic IT tech team. He joined the company as a technical support specialist.

Other recent staff promotions include Matthew Thomas, director of technical services; Samantha Howard-Russo, client experience advocate; and Joy Garafola, account executive. TeamLogic IT has been recognized as one of the top MSPs (Managed Service Provider) on the Channel Futures MSP 501 Worldwide Rankings.

CHARITABLE NOTES

Shred event raises $1,951 for the United Way

Richard Johnston Law and Thrivent Financial held the second annual shred event and raised $1,951 for the United Way of Lee, Hendry, Glades, and Okeechobee. The free shred event was held in the parking lot of Richard Johnston Law, and documents were shredded on site. Donations to United Way were accepted, and donuts and coffee were served to the attendees. There was also a drawing for a large gift basket of coffee, sweets, and a coffee maker.

PAWS Assistance Dogs receives volunteer award

PAWS Assistance Dogs was honored as a Diamond Volunteer award winner at a cocktail reception held Jan. 24 at Naples Art Association in downtown Naples.  Kelly E. Capolino, local Realtor and philanthropist, is the founder and creator of the annual Diamond Volunteer Awards program, which recognizes local charitable organizations for their work in the community. A select group of volunteers and board members from PAWS Assistance Dogs were treated to wine, canapés and a networking reception. Two of PAWS’ dogs, Que and Hope, were also present for the reception—they also work in the community as ambassadors and volunteers. 

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