The Wall Street Journal recently published an article outlining some of the intricacies of the EB-5 program wherein Mr. Bob Kraft, Chairman and CEO of FirstPathway Partners, emphasizes the importance of trust-building.
To read the full article, click here.
Startup water tech companies already committed to lease space in the developing International Water Technology Accelerator will now have a new partner in Michael Best & Friedrich LLP. The law firm will provide services to the innovators within the center in order to obtain patents and form corporations, among other needed services.
Thus far the seven-story Accelerator building is approximately 75% leased, including the following tenants: University of Wisconsin-Milwaukee, University of Wisconsin – Whitewater, the Wisconsin Economic Development Corp., Badger Meter Inc., A.O. Smith Corp., Veolia Water North America, The Milwaukee Water Council, Hanging Gardens, Alga Bionics, Greater Milwaukee Committee, Stormwater Solutions, Sloan Valve, Grundfos Pumps, Pave Drain and Xela Innovations.
To Read More in the Business Journal, Click Here.
To see Progress on the Project through the FPP Flickr Account, Click Here.
The FirstPathway Partners Investment Project, Downtown Marriott Milwaukee, was recently featured in the Milwaukee business news source, BizTimes. According to the article, with the opening of the new Milwaukee Marriott slated for this July, there will be the added attraction of nearly 10,000 square feet of new event space for the city. It is expected to be utilized not only by corporate events, but also weddings and other social events.
There will be a 5,500 square-foot East Side Ballroom to accommodate up to 360 guests, as well as three 1,000 square-foot meeting spaces, and two 700-square-foot meeting spaces. The space is highly flexible overall, with a contemporary feel, and the Ballroom has the capacity to be divided into three separate spaces through wall partitions.
However, size is not the main focus for the facility, service is. “We’re not focusing on being the largest event facility in the city, but certainly we want to be the one with the most genuine care and quality in service” said Jeff Hess, general manager of the hotel. The Marriott has been designed as a place where people meet and want to convene, and quality service is a key component of that. The new Marriott, a brand with an already established reputation of quality, has booked 11 meetings and events for this summer and continues to receive various other inquiries regarding availability for the event space.
To read more in the BizTimes Milwaukee, click here.
On Thursday, February 14, 2013 Mr. Bob Kraft, MMAC China Co-Chair and Chairman of FPP, will be co-hosting the annual MMAC Chinese New Year Celebration. This will be a great opportunity to network with other business professionals, and learn about Governor Scott Walker’s upcoming trade mission to China in April.
To learn more about the 2013 Chinese New Year and/or Register for the event, click here
Jan. 3, 2013 – We congratulate First Edge CEO, Mr. Bobby Kraft for his exemplary appearance on the Fox Business Channel’s After the Bell program. FPP is proud to have participated in the investment and further development of First Edge Solutions and we wish Bobby and his team a future of continued success!
Click here to watch the After the Bell segment of Bobby discussing the impact of the Fiscal Cliff Deal on small business.
On December 6th, 2012 FPP Chairman Bob Kraft and Director of China Operations Dan Redford had the honor of representing Wisconsin and the MMAC Regional Center at the “Ambassador’s Investment Forum” in Beijing. The event was hosted by the U.S. Embassy, in collaboration with the American Chamber of Commerce in China and the China Council for Promotion of International Trade. The forum was the first of its kind, with the aim of encouraging and promoting Chinese investment into projects within the U.S. The keynote speaker was Ambassador Gary Locke and the event was attended by representatives and businesspeople from across the U.S. and China.
It is clear that we are entering an exciting new era of Sino-U.S. business relations in which Chinese private and state owned companies, as well as individual citizens, are growing their capacity to invest billions of dollars into the United States. This is a great boon for both countries, and as indicated by Ambassador Locke, Chinese companies operating in the United States could create over 200,000 American jobs by the year 2020.
FirstPathway would like to thank Terri Tyminski with Select USA Guangzhou, Commercial Consul Greg Wong, the U.S. Embassy and AmCham China for their hard work and effort in allowing us to participate in this historic event.
We look forward to continuing our significant involvement of Chinese investment into the United States via the EB5 program, and are proud of our partners that continue to create jobs and economic growth while pursuing American citizenship.
On November 7th, 2012, FirstPathway Partners Chairman Bob Kraft and Director of China Operations Dan Redford visited Ningbo to build relationships between Ningbo and Milwaukee hospitals. They were welcomed by the Ningbo Health Bureau Vice Minister Gai, and toured hospitals throughout the city. The hospitals included: Ningbo Number 2 Hospital, Women’s and Children’s Hospital, and the Li Huili Hospital. We would like to thank Mr. Xu Pingyuan, Deputy Director of the Ningbo Foreign Affairs Office, and Mr. Bangjie He, Representative of Ningbo to Milwaukee, for organizing these visits.
FirstPathway Partners is proud to be a part of the Ningbo – Milwaukee Sister City Partnership
On November 5th, FirstPathway Partners Chairman Bob Kraft and Director of China Operations Dan Redford visited the U.S. Commercial Service in Guangzhou. They were honored to meet with Commercial Consul for the United States, Mr. Greg Wong, and his staff to discuss the EB5 program and investment in America from China. We are proud to say that Greg is a Milwaukee native and University of Wisconsin Milwaukee graduate. Bob and Dan both were impressed by the warm welcome, and we are so happy to have such great representation for our country in one of China’s largest cities.
Many thanks to Greg and his team!
Construction crew hoists the final beam to the highest point of the vertical hotel structure.
Wednesday, October 17, 2012- Today The Milwaukee Marriott Downtown celebrated the “topping off” of vertical construction. In attendance was FirstPathway Partners Chairman/CEO Bob Kraft and Milwaukee Mayor, Tom Barrett. FirstPathway Partners would like to thank the hundreds of dedicated skilled workers who played a part in this milestone.
Monday, October 15, 2012 – This week IIUSA hosted the 5th annual EB-5 Advocacy Conference, at the Capitol Hill Hyatt Regency Hotel, in celebration of the 3 year re-authorization of the EB-5 Regional Center Program.
During the event speakers from across the EB-5 industry and federal government, addressed trending topics and the future of the Program. Bob Kraft Chairman and CEO of FirstPathway Partners was honored to present to EB-5 program stakeholders during the “EB-5 Regional Economic Development Showcase Industry panel.”
Kraft’s presentation highlighted EB5′s role in the larger economic plan for the region, ensuring sustainability and continued expansion of the 7 county area. FPP encourages a robust well rounded economy by investing in a variety of diverse industries.
IIUSA is the national 501(c)(6) not-for-profit industry trade association for the EB-5 Regional Center Program, founded in 2005. FirstPathway Partners is proud to be a member of IIUSA.
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