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OWWA, DTI Strengthen OFW Negosyo Fund Loan Program For Overseas Filipino Workers

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owwa ofw negosyo fund

The Overseas Workers Welfare Administration (OWWA) and the Department of Trade and Industry – Small Business Corporation (DTI-SB Corp) have officially strengthened their partnership to expand livelihood and business opportunities for Overseas Filipino Workers (OFWs) through the improved implementation of the OFW Negosyo Fund.

The Memorandum of Agreement (MOA), formally signed on May 18 at the DTI Filinvest Building in Makati City, marks another important step toward helping OFWs gain easier access to financial assistance, entrepreneurship support, and business development programs as they transition toward long-term financial stability in the Philippines.

The agreement aims to simplify and improve the loan facilitation process for OFWs who wish to start, sustain, or expand their own businesses. Through better coordination among government offices and regional centers, more overseas Filipino workers are expected to benefit from livelihood programs designed specifically for returning migrants and their families.

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owwa ofw negosyo fund
Photo Credit: OWWA Facebook Page

Expanded Access to OFW Negosyo Fund

One of the main goals of the partnership is to widen access to the OFW Negosyo Fund, a government-backed financing program that supports OFWs who want to build businesses and establish sustainable sources of income in the country.

Under the strengthened agreement, OWWA and DTI-SB Corp will improve referral procedures among Regional Offices, Negosyo Centers, Provincial Help Desks, and Reintegration Centers nationwide. This coordinated approach is expected to reduce delays, improve communication between agencies, and provide faster assistance to OFWs seeking business loans and livelihood support.

For many overseas Filipino workers, access to startup capital remains one of the biggest challenges in pursuing entrepreneurship. Traditional bank loans often require strict collateral and financial requirements that many returning OFWs may find difficult to meet.

Programs such as the OFW Negosyo Fund aim to bridge that gap by providing accessible financing options and government support systems tailored to the needs of migrant workers.

Helping OFWs Build Sustainable Businesses

The Philippine government continues to encourage financial literacy and entrepreneurship among OFWs as part of its long-term reintegration strategy. Rather than relying solely on overseas employment, many OFWs are now exploring opportunities to invest their savings into small businesses, franchising opportunities, online selling ventures, food businesses, retail stores, agribusiness projects, and other income-generating activities.

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The strengthened collaboration between OWWA and DTI-SB Corp is expected to help aspiring entrepreneurs navigate the process more efficiently.

Aside from loan facilitation, the partnership also focuses on improving the capabilities of regional offices to ensure more effective delivery of services. This includes strengthening frontline support, improving coordination among agencies, and providing better guidance to OFWs who may need assistance in business planning, loan applications, and entrepreneurship training.

Government agencies recognize that financial assistance alone is not enough to guarantee business success. Many small enterprises fail because of lack of business knowledge, poor financial management, or insufficient market preparation.

Because of this, livelihood programs now increasingly include mentorship, financial education, and entrepreneurship seminars to improve the chances of long-term success for OFW-owned businesses.

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Officials Express Support for the Partnership

The signing ceremony was led by OWWA Administrator Patricia Yvonne “PY” Caunan, who delivered the opening remarks during the event.

Support for the strengthened partnership was also expressed by Department of Migrant Workers (DMW) Secretary Hans Leo J. Cacdac and Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque.

The collaboration reflects the government’s continuing effort to create more economic opportunities for OFWs and returning migrant workers who want to establish stable livelihoods in the Philippines.

Officials highlighted the importance of empowering overseas Filipino workers not only through employment opportunities abroad but also through sustainable reintegration programs that can help them achieve long-term financial independence.

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Importance of Reintegration Programs for OFWs

Millions of Filipinos continue to work overseas to support their families, contribute to household income, and provide better educational opportunities for their children. However, many OFWs also face financial uncertainty after returning home, especially if they lack stable investments or alternative sources of income.

This is why reintegration programs have become increasingly important in recent years.

Livelihood assistance and entrepreneurship financing programs allow OFWs to transform their hard-earned savings into productive investments that can generate long-term income even after overseas employment ends.

Government agencies have repeatedly emphasized that entrepreneurship can help OFWs reduce dependency on overseas work while creating jobs and stimulating local economic growth.

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Small businesses established by returning OFWs can also contribute to community development by generating employment opportunities for other Filipinos.

Growing Interest in Small Business Opportunities

The demand for small business financing in the Philippines continues to rise as more Filipinos explore entrepreneurship opportunities. Digital platforms, online marketplaces, and social media marketing have made it easier for small entrepreneurs to reach customers nationwide.

Many OFWs are now investing in businesses such as:

With proper guidance, financing support, and business education, these ventures can become sustainable sources of income for OFWs and their families.

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Improved Coordination Among Government Offices

The new agreement between OWWA and DTI-SB Corp also aims to improve coordination among local and regional offices nationwide.

Under the enhanced referral system, OFWs can receive assistance through various government touchpoints including OWWA Regional Welfare Offices (RWOs), DTI Negosyo Centers, Provincial Help Desks, and Reintegration Centers.

This integrated approach is expected to make government services more accessible and responsive to the needs of OFWs in different parts of the country.

By strengthening coordination and streamlining procedures, agencies hope to reduce confusion among applicants while ensuring faster processing and more efficient delivery of support services.

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How OFWs Can Learn More About the Program

According to OWWA, interested OFWs may learn more about the OFW Negosyo Fund and related livelihood programs through several channels.

Applicants may visit the nearest OWWA Regional Welfare Office (RWO) or DTI-SB Corp Regional Office for inquiries regarding eligibility requirements, loan procedures, and available entrepreneurship assistance.

OWWA also encouraged OFWs to watch the “Kabuhayan Wednesday” livestream hosted by OWWA RWO NCR, where various livelihood opportunities and government programs for OFWs are discussed.

The agency continues to promote awareness campaigns to ensure more overseas Filipino workers can access available financial and reintegration assistance programs.

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Strengthening Financial Security for OFWs

The partnership between OWWA and DTI-SB Corp reflects the government’s broader strategy of helping OFWs achieve greater financial security through entrepreneurship and livelihood development.

For many overseas Filipino workers, establishing a successful business represents an opportunity to eventually return home permanently while maintaining stable income for their families.

As the Philippine government continues to expand reintegration initiatives, programs like the OFW Negosyo Fund are expected to play an increasingly important role in supporting returning OFWs who aspire to become entrepreneurs.

With improved coordination, expanded access to financing, and enhanced support systems, more OFWs may soon have the opportunity to transform their overseas earnings into sustainable businesses and long-term financial stability.

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Trader Joe’s announces 25 new stores across the country

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Trader Joe’s announces 25 new stores across the country

Trader Joe’s is expanding its footprint with 25 new locations across 14 states, adding to its previously announced growth pipeline, the company said.

The popular California-based grocery chain announced Wednesday that nine additional stores are now in development, bringing the total slate of upcoming openings to more than two dozen.

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All locations have been identified, though opening dates remain to be determined.

“We are proud to be joining the neighborhood, and to continue our commitment to providing nourishment to the surrounding communities through our Neighborhood Shares program,” the company said.

TRADER JOE’S WORKERS SHUT DOWN LONG-RUNNING CHECKOUT LINE RUMOR: ‘OVER-THE-TOP FRIENDLINESS’

Inside a Trader Joe's store.

A customer walks past a produce aisle at Trader Joe’s. (Scott Olson/Getty Images / Getty Images)

The new round of storefronts spans Arizona, Florida, Illinois, Massachusetts, Michigan, New York, Ohio and Utah.

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The nine new locations across eight states include:

  • Arizona: Phoenix (21001 North Tatum Boulevard, Suite 1030)
  • Florida: Sarasota (8199 S Tamiami Trail, Unit 100)
  • Illinois: Chicago (804 West Montrose Ave.)
  • Massachusetts: Quincy (111 General McConville Way)
  • Michigan: Farmington Hills (27658 Middlebelt Rd.)
  • New York: Syracuse (3515 West Genesee St.)
  • New York: Yonkers (2482 Central Park Ave.)
  • Ohio: University Heights (2643 Warrensville Center Rd.)
  • Utah: West Jordan (5561 W 7800 S.)

COSTCO FANS ERUPT AFTER BELOVED FOOD COURT ITEM REPLACED BY HIGH-CALORIE NEWCOMER

Trader Joe's storefront in Sherman Oaks, California

A Trader Joe’s store is seen during nonoperating hours in Sherman Oaks, California. (Trader Joe’s)

The other 16 previously announced locations include: 

  • Arizona: Tucson (2150 E. Broadway Blvd.)
  • California: Anaheim Hills (6336 E. Santa Ana Canyon Rd.)
  • California: Paso Robles (2457 Golden Hill Rd.)
  • Florida: Orlando (1444 North Alafaya Trail)
  • Florida: West Palm Beach (8111 S. Dixie Highway)
  • Georgia: Johns Creek (1000 Medley Blvd.)
  • Illinois: Oswego (1930 US-34)
  • Kansas: Merriam (8700 Shawnee Mission Parkway)
  • Louisiana: New Orleans (2428 Napoleon Ave.),
  • Louisiana: Mandeville (3377 US Highway 190)
  • Louisiana: Lafayette (1710 Camellia Blvd.)
  • Massachusetts: Reading (34 Walkers Brook Drive)
  • New Jersey: West Orange (471 Mt. Pleasant Ave.)
  • Utah: Herriman (4850 W. 13400 South)
  • Washington: Seattle (401 NE Northgate Way)
  • Washington: Spokane Valley (13414 E. Sprague Ave.)

Details surrounding the store openings — including store size, parking capacity and inventory offerings — remain limited beyond the listed addresses. 

As of May 20, Trader Joe’s opened four new storefronts across the country earlier this year, including one in Hamden, Connecticut; Miller Place, New York; McKinney, Texas; and Woodinville, Washington.

Trader Joe's bag

Close-up of a Trader Joe’s grocery bag, showcasing the store’s logo, in Reliez Valley, California, May 29, 2024. (Smith Collection/Gado/Getty Images / Getty Images)

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The chain, known for its private-label products, affordable prices and upbeat shopping experience, currently operates stores across 42 states and the District of Columbia.  

States currently without a Trader Joe’s location include Alaska, Hawaii, Mississippi, Montana, North Dakota, South Dakota, West Virginia and Wyoming. 

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Why CBS Cancelling Late Night’s Number One to Appease Donald Trump Should Terrify Us All

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Why CBS Cancelling Late Night's Number One to Appease Donald Trump Should Terrify Us All

“Don’t confuse cancellation with failure.” That, famously, was the line David Letterman, the bloke who actually built The Late Show, passed to Jon Stewart years ago. And it was the line Stewart hurled back across the Ed Sullivan Theater this week, voice catching, finger jabbing, as Stephen Colbert prepared the wake for America’s number-one late-night programme.

Read that again. Number. One. As in top of the bloody pile, comfortably ahead of Fallon and Kimmel, the most watched chat show in the United States. And tonight, somewhere around 11:35pm in New York, CBS will pull down the shutters, sweep the studio and try to convince us, with all the conviction of a teenager denying he’s been at the cooking sherry, that this was, and I quote, “purely a financial decision.”

Of course it was. And I am Beyoncé.

Let us be grown-ups about this. CBS euthanised its highest-rated chat show three days after its host called the network’s parent company, Paramount, out for paying Donald Trump a sixteen-million-dollar settlement over a 60 Minutes interview. Colbert called it, with the kind of plainness America used to specialise in, a “big fat bribe”. Seventy-two hours later, the man was told he was for the chop. The merger Paramount needed waved through by Trump’s pet FCC sailed merrily on soon after. If you don’t smell something on the breeze, you’ve no nose.

Letterman, never knowingly understated, called CBS executives “lying weasels” and signed off with a parting shot, borrowed from Ed Murrow and inflected with a vowel Lord Reith would not have approved, that I cannot quote in these pages without an asterisk. Quite right too. The man invented the franchise. He owns the moral high ground and he’s busy strewing it with broken set furniture flung from the roof of the Ed Sullivan Theater.

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For those of us who have written before about Colbert and the slow strangulation of political satire in the age of Trump, tonight is not so much a final episode as a final warning. The message coming out of West 53rd Street is now horribly simple: take the mickey out of the man in the Oval Office, embarrass the parent company in front of the regulators he appoints, and your career, Emmy-bedecked, network-leading, fifty-two weeks a year, is over before the band finishes the play-out.

That is not a financial decision. That is a precedent. And a vile one.

I happen to run businesses for a living. I have spent thirty years arguing that British plc should be tougher, braver, more willing to stick its hand up at the back of the room. So I am the last person to wring my hands when an American media giant decides it can no longer afford a hundred-million-dollar talk show. Late-night is unwell. Audiences are migrating to TikTok and YouTube faster than commissioners can flick the studio lights on. Even my dog has a podcast.

But that is not what happened here. What happened here is that a man told a joke about a man who cannot take a joke, and the bean counters folded the chair he was sitting on. As I argued when Trump’s tariffs began squeezing British exports, this White House treats business as an extension of grievance. CBS didn’t get cancelled by the market. It got cancelled by a sulk.

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That is the bit that ought to terrify British boardrooms, not just American ones. Because the chilling effect does not stop at the Hudson. Every UK media business doing deals in the United States, every studio, streamer, format house, news brand, is now reading the body language. Don’t annoy the President. Don’t let your talent annoy the President. Settle, smile, soften the gag. It is, to borrow from another television creation I have written about, Jed Bartlet’s worst nightmare arriving on a Wednesday afternoon: the executive branch quietly dictating the punchlines.

We are British. We invented taking the mickey out of the powerful. From Spitting Image to Mock the Week, Have I Got News For You to whatever Charlie Brooker fancies doing next Wednesday, satire is, for us, a load-bearing wall of national life. A democracy that cannot laugh at its leaders is not a democracy in good health; it is a banana republic with better dental cover.

Colbert, for what it is worth, will be seen off in his final week by Jon Stewart, Tom Hanks and Barack Obama, hardly the send-off you stage for a man whose ratings have gone south. Letterman is right. Cancellation is not failure. The failure belongs to CBS, to Paramount, and to every executive who decided that the easiest way to grow up was to crouch down.

The joke, on this last night, is not on Stephen Colbert. The joke is on the rest of us, if we sit politely and watch.

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Richard Alvin

Richard Alvin

Richard Alvin is a serial entrepreneur, a former advisor to the UK Government about small business and an Honorary Teaching Fellow on Business at Lancaster University.

A winner of the London Chamber of Commerce Business Person of the year and Freeman of the City of London for his services to business and charity. Richard is also Group MD of Capital Business Media and SME business research company Trends Research, regarded as one of the UK’s leading experts in the SME sector and an active angel investor and advisor to new start companies.

Richard is also the host of Save Our Business the U.S. based business advice television show.

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How freeports ‘could make all Wales successful’ : Latest from UKREiiF

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Debate at giant Leeds showcase on how to ‘Unlock Wales’ Competitive Edge’

The Wales freeports and investment zones event at the UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds.

Cathy Hall, interim chief executive at Celtic Freeport, centre, speaks at the Wales freeports and investment zones event at the UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds(Image: Reach plc)

Freeports and investment zones in Wales can all complement each other and help the nation as a whole to grow, giant UK regeneration showcase UKREiiF has been told.

The Leeds showcase has attracted thousands of delegates to Leeds this week to hear about investment and regeneration opportunities across the UK.

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The Wales pavilion hosted a debate on place based impact and development, as well as seeing the launch of the South West Wales investment prospectus which identifies investment opportunities from Pembrokeshire to Port Talbot.

And it hosted a panel discussion on whether Wales’ freeports and investment zones, which both offer tax advantages to investors to encourage them to choose Wales, can “Unlock Wales’ Competitive Edge”.

Host Mark John asked how they could be used to help promote Wales as an “investable nation”.

Christian Branch, head of service at the Regulation and Economic Development Service at the Isle of Anglesey Council, explained that Anglesey Freeport was a public-private partnership between the local authority and Stena Line, owner of the Port of Holyhead.

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Asked if the freeports and investment zones across Wales were competing with each other, he said there were in fact opportunities for them to work together. He said: “From a national perspective it’s very much about complementing each other and I think there’s very much scope for all areas to improve”.

And he added that if one free port is successful “then all Wales is successful” and that it could help spark growth well beyondthe port boundaries.

Mr Branch said the freeport aimed to boost economic activity on Anglesey and beyond.

He said the island was dealing with challenges including an ageing population, young people moving away, and with thousands of job losses in recent years. But he said it also had many opportunities, including the Port of Holyhead, Rolls-Royce’s development of its Small Modular Reactor project at Wylfa, and the announcement of an AI Growth Zone on the island.

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Cathy Hall, interim chief executive at Celtic Freeport – which covers the ports of Milford Haven and Port Talbo – said that while Mr Branch “hasn’t let me copy his homework yet”, she did expect that the freeports would learn from each other.

She explained that her freeport covers the ports of Milford Haven and Port Talbot, with a focus on the green economy through supporting offshore wind and the hydrogen economy. She said “It’s not just the two ports but the whole industrial ecosystem.”

Ms Hall said there were many similarities between coastal areas across Wales and the UK, but said each port also had its own specialities.

Ms Hall said one aim for the Celtic Freeport was to develop a “stickiness” in the supply chain – making sure that work in and around its ports helped to “build a long term skills base for the region as a whole”, rather than relying on contractors coming in and then leaving.

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She highlighted the success at the Humber ports, particularly Grimsby, which have pivoted from fishing to supporting offshore wind in a move that has created skills and opportunities for local people.

Ms Hall said freeport and investment zone bosses could also act as “convening powers” for potential inward investors in areas such as offshore wind. They could, she said, help businesses new to Wales to get in touch with the right people to drive investments forward.

Iain Taylor, Flintshire and Wrexham Investment Zone programme manager at Ambition North Wales, said that zone was focused on areas including advanced manufacturing and supporting SMEs. Key sites include Gateway Deeside, Wrexham industrial estate, and Warren Hall.

He said the zone’s developers wanted to create thousands of jobs and to help smaller firms as well as the big companies in the region such as Airbus.

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He talked about the tax reliefs on offer at particular sites, but said those reliefs in North East Wales and at the other sites featured on the panel were designed to attract long-term investors. He said: “The message across the panel is we’re here for the next generation,” and added that he wanted the local economy to be able to adapt to broader economic changes in the decades to come.

The Cardiff and Newport Investment Zone covers three strategic sites.

Cllr Deborah Davies, deputy leader at Newport City Council, said they include the proposed Cardiff Parkway station and integrated business park on the outskirts of Cardiff at St Mellons, which she added should develop its own business “ecosystem” once it opens.

But key industries in the investment zone will include advanced manufacturing and semiconductor R&D, which Cllr Davies described as “investment that matters to all Wales”. Key companies in the area include IQE, while its semiconductor expertise is attracting interest from around the world as the area still boasts plenty of space for firms to base themselves around that semiconductor cluster, and it also has strong transport links.

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That investment, she said, will continue to lead to the development of local industries and businesses.

The investment zone also covers Imperial Park at Newport, which is home to leading tech firms including KLA and Vishay, and a parcel of land stretching from the Central Quay development in the centre of Cardiff down to Cardiff Bay and the Atlantic Wharf regeneration site.

The South West Wales Corporate Joint Committee (SWWCJC) has also unveiled its first regional investment prospectus at UKREiiF, marking a milestone in the region’s long-term economic development strategy.

The statutory body, that covers the local authority areas of Carmarthenshire, Neath Port Talbot, Pembrokeshire, and Swansea, has identified a portfolio of strategic opportunities across a range of sectors including clean energy, advanced manufacturing, innovation, tourism, and infrastructure.

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Councillor Rob Stewart, chair of the SWWCJC and leader of Swansea Council, said: This prospectus is a statement of confidence in South West Wales. We are presenting a single, coherent regional offer to investors- one that reflects our shared priorities, our world-class natural assets, and our commitment to sustainable, inclusive growth.

“UKREiiF is one of the country’s leading events for driving investment, regeneration, and infrastructure development, making it the perfect platform to showcase the scale of opportunity in our region. It brings together public and private sector leaders from across the UK and beyond, and we are proud to support the Welsh Government, Ambition North Wales, Cardiff Capital Region, and Growing Mid Wales in showcasing the very best that Wales has to offer.

“Our participation at UKREiiF forms part of a wider programme to strengthen investor engagement and promote South West Wales as a dynamic, future-focused region ready to play a leading role in growing Wales’ and the UK’s economy.”

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CLM: AI Theme Across Multiple Sectors (NYSE:CLM)

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SCHD: 3 Reasons Why I'm Buying More Right Now (NYSEARCA:SCHD)

This article was written by

Monte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GEV, NVDA, INTC, AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Smruti Sriram OBE & Alisha Fredriksson Named Winners

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Smruti Sriram OBE & Alisha Fredriksson Named Winners

Smruti Sriram OBE, the second-generation chief executive who has built Bags of Ethics by Supreme Creations into one of Britain’s most quietly influential sustainable manufacturers, has been named winner of the 2026 Veuve Clicquot Bold Woman Award. Alisha Fredriksson, the 31-year-old co-founder of maritime carbon-capture pioneer Seabound, takes home the Bold Future Award.

The awards, now in their 54th year and the longest-running international honours for women in business, were presented in London last night by Thomas Mulliez, president of the champagne house. The pair join an alumni list that includes Dame Julia Hoggett DBE, chief executive of the London Stock Exchange, vaccine scientist Professor Dame Sarah Gilbert, and Anne Pitcher, the former chief executive of Selfridges Group. Hoggett picked up the same honour at last year’s ceremony alongside Shellworks co-founder Insiya Jafferjee.

For Sriram, the award caps an eighteen-year run at the helm of a business that has done more than most British SMEs to give the much-abused phrase “purpose-driven” some commercial heft. Founded in 1999 by her father, Dr R. Sri Ram, Supreme Creations has grown into a vertically integrated supplier of reusable merchandise and sustainable packaging that, on the company’s own reckoning, has displaced an estimated 30 billion single-use items. Its “Bags of Ethics” label, which guarantees full supply-chain transparency, has become something of a quiet standard in a sector still riddled with greenwashing.

The judging panel, which this year included Kristina Blahnik of Manolo Blahnik, Allwyn UK managing director Bridget Lea, Ada Ventures co-founder Matt Penneycard and The Dots founder Pip Jamieson, cited Sriram’s work scaling a globally integrated supply chain alongside her commitment to social impact. More than 80 per cent of the workforce at the group’s factory in Pondicherry, southern India, is female; partnerships with the British Fashion Council and the Royal Forestry Society have raised millions for environmental and educational causes.

“As a second-generation entrepreneur, my journey has been shaped by a strong foundation of values, kindness, purpose and business acumen from my family, and especially my father, who founded the business in 1999 and is still very much involved,” Sriram said. “These eighteen years have been a professional and personal evolution, with a strong belief that business can and should be a force for good. To be recognised alongside such inspiring women is a reminder of what is possible when we use our skills not just to succeed, but to serve.”

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She was quick to share the credit. “Our global teams from Pondicherry, and across Europe, are creative, highly skilled, and have always been showcased as partners to our clients, not just suppliers. This award is a spotlight on them, not me. They are the backbone and deserve the full recognition.”

Sriram beat a strong shortlist that also featured Paula MacKenzie, the chief executive of PizzaExpress, and Kanya King CBE, founder of the MOBO Group, as flagged when the nominees were announced earlier this year.

A shipping disruptor with a 95 per cent answer

If Sriram’s award nods to two decades of patient compounding, the Bold Future Award recognises a business that did not exist five years ago. Fredriksson co-founded Seabound in 2021 with a single, audacious proposition: that shipping — the industry behind roughly three per cent of global CO₂ emissions and long regarded as “too hard to abate” — could be cleaned up with retrofittable, container-sized carbon-capture kit bolted onto vessels already at sea.

The London-headquartered start-up’s modular system uses calcium looping to trap CO₂ from exhaust gases and convert it into solid calcium carbonate pebbles that can be offloaded at port. Independent assessments, including a case study published by Innovate UK Business Connect, put potential capture rates at up to 95 per cent. Following successful pilots with Lomar Shipping and Hapag-Lloyd, Seabound has now moved into commercial deployment, with the first full-scale units serving a cement carrier chartered to Heidelberg Materials.

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“I am incredibly proud of the journey we have taken at Seabound, tackling one of the toughest challenges out there: reducing emissions in global shipping,” Fredriksson said. “What began as an ambitious idea to address the climate crisis has grown into a brand new category of technology for the industry. With successful pilot projects behind us, we are now at an exciting inflection point: heading into our first full-scale deployments, with the world’s largest shipping companies and regulators actively engaging with us.”

Fredriksson’s win lands at a moment when capital for female-led climate tech is still vanishingly scarce, a recurring theme are investors such as Sustainable Ventures, which backs female founders at twelve times the industry average. The Bold Future shortlist, which also included Josephine Philips of repair-and-alteration platform SOJO and Marisa Poster of matcha disruptor PerfectTed, suggests the talent pipeline is healthier than the funding statistics imply.

A 54-year-old hymn to Madame Clicquot

The awards trace their lineage to Madame Barbe-Nicole Clicquot Ponsardin, who took over her late husband’s champagne house in 1805 at the age of 27 and turned it into a global business in defiance of nineteenth-century convention. More on the programme’s history and previous winners is available on the Veuve Clicquot Bold Woman Award UK page.

“Madame Clicquot led Veuve Clicquot to become a brand of excellence and courage,” Mulliez said. “Building on her legacy, Smruti Sriram OBE and Alisha Fredriksson are shaping the future of business. Their businesses tackle global issues and their achievements extend far beyond commercial success, offering powerful inspiration to the next generation of female entrepreneurs.”

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For British SMEs watching from the sidelines, the more useful inspiration may be quietly structural. Sriram’s eighteen-year build of a profitable, transparent manufacturing group, and Fredriksson’s rapid commercialisation of a deep-tech climate solution, between them sketch out two viable archetypes for bold business in the second half of the 2020s: patient and purposeful on one hand, fast and technically ambitious on the other. Both are evidently still rewarded.


Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

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TikTok and YouTube 'not safe enough' for kids, says Ofcom

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TikTok and YouTube 'not safe enough' for kids, says Ofcom

YouTube said it worked with experts to provide appropriate experiences. TikTok said it was disappointed Ofcom had not acknowledged its safety features.

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Samsung strike on hold – but the fight isn't over yet. Why?

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Samsung strike on hold - but the fight isn't over yet. Why?

The walkout, which was due to start on Thursday, has been suspended while union members vote on a tentative deal.

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Acarix AB (publ) (ACIXF) Q1 2026 Earnings Call Prepared Remarks Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Aamir Mahmood
President & CEO

Good morning, and welcome to the Q1 2026 earnings call from Acarix. I appreciate everybody joining this morning. And before we kick off, it’s important for us to all kind of understand and realize that the world is in a very dynamic shift as we speak. The geopolitical tension, most prominently in the Middle East markets right now are ongoing, and we don’t see an end in sight. However, what I want to rest assure is all operations from Acarix standpoint are fully functional. While we do have a lot of entry and focus within the MENA region, nothing has come to a stop. So things are moving along slower than expected. However, given the rhetoric and the challenges we face across the board globally, I think that everybody recognizes it, but it’s important to make sure we address those situations as we continually press forward. Second, I’ll apologize in advance, I have a mild cough due to my allergies, but nothing to be concerned about. So let’s go ahead and move into the deck.

For all our new investors, thank you for joining. Just a quick update on who we are. This is — we’re Acarix. We have a CADScor System, and we’re really trying to revolutionize early onset diagnostics in the cardiovascular range. We have a point-of-care device that is fairly quick, within 10 minutes, and can calculate a CAD-score for patients feeling low to moderate chest pain or shortness of breath. We can quickly and very easily identify those things using high-fidelity acoustics, listening into the arterial flow. And our negative predictive value is 96.2% in the United States and 97.2% in the European markets. We have over 15 years of R&D, over 45 patents, and we

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New CEO for Siemens UK & Ireland vows to ‘build on strong foundations’ at global giant

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Brian Holliday has worked at Siemens for more than 32 years

Manchester-based Brian Holliday has been named as the new Chief Executive Officer of Siemens UK and Ireland.

Manchester-based Brian Holliday has been named as the new Chief Executive Officer of Siemens UK and Ireland(Image: Siemens)

Industrial and technology giant Siemens has named Brian Holliday as its CEO of its £4.6bn UK and Ireland business to “build on the strong foundations already in place”.

Manchester-based Mr Holliday has worked for Siemens for more than 32 years across a number of leadership and tech roles. He has been a member of the UK and Ireland senior leadership team for 10 years and will continue as managing director of Siemens Digital Industries.

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Mr Holliday is a Fellow of the Royal Academy of Engineering and visiting Professor at the University of Sheffield, holding degrees from Cardiff University and the University of Manchester as well as an honorary doctorate from Middlesex University.

He is co-chair of the Made Smarter Commission, which works with SMEs to improve manufacturing productivity, and was recently appointed to the board of Skills England to advocate for SMEs and social mobility. He started his career as an apprentice with Texas Instruments and continues to focus on applied learning and vocational training.

Siemens’ UK & Ireland business employs 12,000 people and generated £4.6bn in revenue in 2025.

Matthias Rebellius, managing board member of Siemens AG, responsible for UK and Ireland, said: “Brian brings a deep understanding of our strategic priorities and our customers, as well as strong insight into the challenges facing industry as it digitalises. His external experience with the Catapults and Made Smarter will also be a real asset.

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“Brian will build on the strong foundations already in place, continuing to drive focus on the areas where we can make the greatest difference and create more value for customers. This will be even more important as we take forward our ONE Tech Company programme and ensure we serve our customers in a seamless, straightforward way.”

Mr Holliday said: “I’m honoured to take up this position at a time of significant change, where technology and talent can make a real difference. I’ve always been proud of our people and struck by the commitment and sense of purpose evident across our UK and Ireland organisation thus I’m genuinely excited to lead this strong team. With global leadership in industrial technology and AI, as well as the partnerships we’ve developed, Siemens is well set to help our customers with their competitiveness, resilience and sustainability.”

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