“CIF grants help to foster and accelerate cutting-edge ideas and creative projects that may not have otherwise had a chance to come to fruition.” Charles J. Morton, Jr., partner, Venable and ACG Chairman
Chicago, IL (PRWEB) April 02, 2013
The Association for Corporate Growth® (ACG), announced that three ACG chapters will receive more than $18,000 to support continuing innovation through the Chapter Innovation Fund (CIF). The goal of the CIF is to spur innovation, spark creativity and strengthen capacity to benefit all members of ACG.
“It is exciting to see the spirit of innovation among ACG chapters,” said Charles J. Morton, Jr., partner, Venable and ACG chairman of the board of directors. “CIF grants help to foster and accelerate cutting-edge ideas and creative projects that may not have otherwise had a chance to come to fruition.”
ACG Cleveland, ACG Los Angeles and ACG Seattle were selected for specific program proposals that will add value to the ACG membership experience. In accepting the CIF grants, the chapters agree to launch prototype programs, and subsequently share the outcomes with all other chapters for possible replication throughout ACG.
The winning submissions include:
- ACG Cleveland & ACG Seattle– Y20
o A joint entry between the Cleveland and Seattle chapters, the Y20 program is designed to attract and engage young ACG members with the goal of building a strong membership base of young professionals under the age of 35. Connecting with young professionals fully supports ACG’s growth strategy and Y20 allows members to see the benefits of membership early on and develop ACG leaders in the years to come.
- ACG Los Angeles – e-Troika
o Understanding the challenge of coordinating face-to-face meetings, e-Troika would connect ACG Los Angeles members via a 45-minute teleconference calls with the goal of matching members who are from different businesses (for example, lawyers would not connect with lawyers) to foster more targeted networking opportunities. Enhancing relationship building for members is a key opportunity that supports ACG’s strategic plan. With the development of e-Troika, the program supports an inventive means for members to maximize this benefit.
Since its inception in March 2012, ACG Global has awarded more than $67,000 in grants via the CIF to support new chapter-based initiatives. Eligible programs include, but are not limited to, initiatives in education, networking, technology, membership development, global connections and facilitation of business relationships between members. Grant applications are accepted twice per calendar year. Priority will be given to programs that reinforce and support the current ACG Strategic Plan.
About the Association for Corporate Growth
ACG’s 14,500 members include professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services. Founded in 1954, ACG is a global organization with 58 chapters. Learn more at http://www.acg.org. ACG drives middle market growth. Learn how at http://www.middlemarketgrowth.org.