News 8’s Dennis House sat down with the founder to talk about how his company has helped businesses across the nation and right here in Connecticut.,RELATED: Founder of Barstool Sports wants everyone to know: New Haven is the pizza capital of the U.S.,All across the state, restaurants like the Red Rock are going through tough times due to the pandemic and Dave Portnoy, the founder of lifestyle brand Barstool Sports, wants to help.,RELATED: Elmer’s Place in New Britain latest CT restaurant to get help from Barstool amid pandemic crisis

Portnoy explained what he is looking for in a restaurant looking to get help from the Barstool Fund: “Red Rock is a perfect example of the two things we look for: a long track record of success…The second thing we look for is that the business owner still paid their employees.”,At the Red Rock, they are grateful for Barstool and Portnoy: “We can’t thank him enough. read more

Founded in late 2020, Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to the Latin American consumer.,How it works

Valoreo (which the company says is an extension of the Spanish word “valor,” meaning to add value), acquires merchants that operate their own brands and primarily sell on online marketplaces such as Mercado Libre, Amazon and Linio.,The company is currently focused on the Mexican and Brazilian markets, but is planning its expansion into other Latin American countries where it has strong local support systems, such as Colombia, according to co-founder Martin Florea.,Those challenges, according to Martin Florea, include limited access to growth capital, a lack of specialized expertise in certain areas (such as supply chain management), limited opportunities to sell their business and pursue new ventures, as well as operational burdens and the lack of capacities to expand into new countries and marketplaces.,Hernán Fernández, founder and managing partner of Angel Ventures, believes Valoreo “will add a lot of value” to the Latin American e-commerce landscape, which is experiencing both market growth and the fragmentation of the seller space. read more

Futures Inc., which has been in business for 30 years, has had a location in West Hartford for 16 years, but recently has become much more physically visible in the community.,In West Hartford, The Kitchen at Futures Inc. operates a teaching kitchen that shares space with the offices on South Quaker Lane, and in August 2020, they opened the organization’s third brick and mortar retail location, Good Cause Gifts, which shares space with Nutmeg State Financial Credit Union at 973 Farmington Ave.

Good Cause Gifts also has stores in Berlin and at the Hospital for Special Care in New Britain – and the Kitchen at Futures Inc. also runs the cafe at the hospital.,“One of our biggest goals to opening a store in West Hartford Center was to get our name into the community and share what Futures Inc. and Good Cause Gifts is doing – while also providing another great shopping option for our town,” said DonAroma.,“In addition to shifting to a stronger online presence, simultaneous to opening our West Hartford Good Cause Gifts location, we also built an online store (goodcausegifts.org).,One of the key goals for opening the West Hartford Center store and launching the online store was working with more local vendors and businesses, and Futures Inc. has succeeded on that front as well. read more