120 likes | 246 Views
Idaho’s EB-5 Regional Center A Platform for Project 60 Success. Accelerating Idaho’s Economic Growth. Outline . Problem Statement Value Prop The Opportunity Processes Timeline Revenue Sources. The Challenge . GDP Decline High Unemployment/Underemployment Declining Wages and Income
E N D
Idaho’s EB-5 Regional CenterA Platform for Project 60 Success Accelerating Idaho’s Economic Growth
Outline • Problem Statement • Value Prop • The Opportunity • Processes • Timeline • Revenue Sources
The Challenge • GDP Decline • High Unemployment/Underemployment • Declining Wages and Income • Decline in State Revenue
Background – Vision and Strategy • Strategy Deliver new economic value to Idaho by providing new sources of funding that enable new innovations, resulting in meaningful products, services and companies which produce highly valued careers for current and future generations • 2009 Vision • Regional Center – LLC (Statewide) • Approval by USCIS (9/1/2009) • Establish Operations (11/21/2009) • EB-5 Fund – LP • Define and implement investor offering • Complete $50 million offering within 12 months • Implement Project #1 – Tech Connect (Technology Deployment)
Technology Research Education Regional Center Regional Center • A potential for a billion dollars in projects over 10 years Projects Project #1 Technology Deployment Project #2 Project #3 Immigrant Investors Thailand, South Korea, India, China, UAE, Latin America
Regional Center Process – Economic Growth Projects • Applications – via Website • Analysis and Due Diligence • Economic Analysis • US CIS application preparation • USCIS application submission and follow-up
Regional Center Process - Investors • Websites and Marketing Materials • Seminars • I-526 application and escrow fund • US CIS submission • US CIS approval • Escrow conversion
Timeline High Return Bridge Investment Capitalize EB-5 Fund Cap Near-term Investment Establish and Ramp Service Offerings Ramp IP Royalty Stream Establish and grow Equity Positions Initial Equity Exits
Sources of RevenueRegional Center Project Fee Revenue Immigrant Fees Consulting Fees Fund Income
The End • Questions