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Grinnell College investing in Techstar Iowa business accelerator

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Grinnell College is putting up an undisclosed amount of money over the next three years to support a Des Moines-based business “accelerator” — and help up to 30 entrepreneurs take their start-ups to the next level.

“We know that great ideas are not only born in California and New York and the partnership we announce today is about supporting those great ideas born and grown right here in this state,” Jainen Thayer, Grinnell’s chief investment officer, said this morning during a news conference at Dwolla headquarters in Des Moines.

Grinnell’s partner is “Techstars Iowa.” The Techstars organization has more than 50 locations around the world that help entrepreneurs connect with mentors and investors. Kerty Levy was hired this week to be managing director of Techstars Iowa.

“I look forward to working with the next generation of entrepreneurs,” Levy said during today’s news conference. “I also look forward to matching them with excellent mentors, helping guide them through the challenges they’re facing and really prepare them for growth in the next phase.”

Techstar Iowa’s Kerty Levy.

Up to 10 Iowa entrepreneurs will be selected for Techstars’ first 13-week program in Iowa, to start in September of next year. Each will be given $20,000 in cash for their business, along with the opportunity to secure a $100,000 loan. Claudia Reuter, managing director of Techstars, said the concept was launched 13 years ago and entrepreneurs who go through the program are more likely to see their start-ups become a success.

“Right now, in typical venture investing, one out of 10 companies maybe survives or thrives,” Reuter told reporters. “In Techstars companies, we have over 85% of our companies that are active or have been acquired.”

The owners of more than 1900 companies have participated in Techstars’ business accelerators. Techstar is currently partnered elsewhere with organizations like the U-S Air Force and businesses like the tool-maker Stanley Black and Decker to support entrepreneurs. Thayer, the chief investment officer at Grinnell College, said Techstars Iowa will help create a stronger “start-up economy” in the state — but Grinnell expects to reap income from the investments it makes in these new businesses.

“The endowment is very important in terms of funding the operations at Grinnell,” Thayer said, “and so, first and foremost, this has to be a good investment.”

Recent estimates indicate Grinnell College has a $2 billion endowment and it finances about 55 percent of Grinnell’s operating budget.

Russian forces deploy at Syrian border under new accord

By SUZAN FRASER and LEFTERIS PITARAKIS

AKCAKALE, Turkey (AP) — Russian military police began patrols on part of the Syrian border Wednesday, quickly moving to implement an accord with Turkey that divvies up control of northeastern Syria. The Kremlin told Kurdish fighters to pull back from the entire frontier or else face being “steamrolled” by Turkish forces.

Turkish President Recep Tayyip Erdogan echoed those warnings, saying his military would resume its offensive against Kurdish fighters if the new arrangements are not carried out.

Erdogan and Russian President Vladimir Putin reached an agreement Tuesday that would transform the map of northeast Syria, installing their forces along the border and filling the void left by the abrupt withdrawal of American troops. The Kurdish fighters, who once relied on the U.S. forces as protection from Turkey, were given a deadline of next Tuesday evening to pull back from border areas they have not already left.

Al-Shammari spoke after meeting U.S. Defense Secretary Mark Esper, who earlier this week had said the American forces from Syria would remain in Iraq to fight the Islamic State group. Iraqi’s military quickly said they did not have permission to do so.

The clumsy reversal underscored the blow to U.S. influence on the ground in the wake of President Donald Trump’s order for U.S. troops to leave Syria. Those forces were allied to the Kurdish-led fighters for five years in the long and bloody campaign that brought down the Islamic State group in Syria.

Now a significant swath of the territory they captured is being handed over to U.S. rivals, and the Kurds have been stung at being abandoned by their allies to face the Turkish invasion launched on Oct. 9.

The Kremlin pointedly referred to that abandonment as it told the Kurds to abide by the Russian-Turkish accord.

“The United States was the closest ally of the Kurds during the last few years, and in the end the U.S. ditched the Kurds and effectively betrayed them,” leaving them to fight the Turks, Kremlin spokesman Dmitry Peskov said, according to Russian newswires.

“It’s quite obvious that if the Kurdish units don’t withdraw with their weapons then Syrian border guards and Russian military police will have to step back. And the remaining Kurdish units will be steamrolled by the Turkish army,” he said.

Ankara would gain that goal under the new accord with Moscow along with the agreement last week with the U.S. that put a cease-fire in place.

Kurdish forces completed withdrawing on Tuesday from a stretch of territory 120 kilometers (75 miles) wide along the border and 30 kilometers (19 miles) deep between the towns of Ras al-Ayn and Tal Abyad. That pullback, allowing Turkish-backed forces to take over, was required under the U.S.-Turkish accord.

The new agreement with Russia allows Turkey to keep sole control over that area. For the rest of the northeastern border, Russian and Syrian government forces will move in to ensure the Kurdish fighters leave. Then after the deadline runs out Tuesday, Turkish and Russian forces will jointly patrol a strip 10-kilometers (6 miles) deep along the border.

The Russian Defense Ministry said a convoy of military police had crossed the Euphrates River and deployed in the Syrian border town of Kobane.

“The military police will help protect the population, maintain order, patrol the designated areas and assist in the withdrawal of Kurdish units and their weapons 30 kilometers away from the border,” it said.

The Turkish military said it would not resume its offensive “at this stage” after the U.S.-brokered cease-fire expired Tuesday night. However, Foreign Minister Mevlut Cavusolgu said that Turkish forces would “neutralize” any Syrian Kurdish fighters they come across in areas that Turkey now controls.

President Erdogan said the attack would start again if the Kurdish pullback does not take place.

“Whether its our agreement with the United States or with Russia, if the promises given are not carried out, there will be no change concerning the steps we need to take,” he told journalists, according to the newspaper Hurriyet.

Erdogan said he had also asked Putin what would happen if the Syrian Kurdish fighters donned Syrian army uniforms and remained in the border area. Putin responded by saying that he would not let that happen, Erdogan said.

Cavusoglu, Turkey’s foreign minister, said the deal with Russia would continue until a lasting political solution for Syria is reached. He also said that Turkey agreed not to conduct joint patrols in the city of Qamishli at the eastern end of the border, because of Russian concerns they could lead to a confrontation between Turkish troops and Syrian government forces in the area.

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Fraser reported from Ankara. Vladimir Isachenkov in Moscow and Qassim Abdul-Zahra and Lolita C. Baldor in Baghdad contributed.

Osky volleyball opens playoffs

Oskaloosa begins play Wednesday night (10/23) in the Class 4A Region 5 volleyball tournament.  The Indians host Carlisle in a 7:00 game.  These teams met on the first day of the season back in August, with the Indians winning two sets to one.  Oskaloosa Coach Jen Comfort says setter Jolie Yang is recovering from an ankle injury and will share those duties with Olivia Gordon.  Comfort talked about Gordon’s play.

“Olivia has done great.  She has done above and beyond what we’ve asked her to do. I’m just really pleased with how well she has played; just melting in with these girls and just executed our game plan.”

Because of our University of Iowa commitments, you can hear Wednesday night’s Oskaloosa/Carlisle playoff game on KMZN AM and FM with coverage at 6:45pm and the first serve at 7.

Also in Class 4A Region 5 Wednesday, Pella hosts Washington.  In 4A Region 4, Newton is at Grinnell.  In Class 5A Region 3, Ottumwa travels to Indianola.  In Class 3A Region 8, Albia hosts Chariton and in 3A Region 7, EBF is at Williamsburg and PCM at Nevada.

Ottumwa School Board ballot is unchanged

No candidates for the Ottumwa School Board in next month’s election will be taken off the ballot.  On Tuesday (10/22), a Wapello County Judge denied a request from Ottumwa attorney Ryan Mitchell.  Mitchell claimed seven of the 15 school board candidates had improperly filled out the paperwork and should be removed from the ballot.  In his ruling, Judge Shawn Showers said if all of the seven candidates lose in the November election, the point is moot.  And if one or more of the seven is elected, then Mitchell still has the chance to prove his case.  The affected candidates are Leisa Walker, Kent Walker, Aaron Luke, Jon Bunt, Krista Tedrow, Robert Wormhoudt, and Sarah Sels.

Garth Brooks Biography Air Date Changes

Garth Brooks fans are going to have to wait a little longer to catch his A&E biography, “Garth Brooks: The Road I’m On.”

The two-part documentary was initially supposed to kick off November 24th, but the network has now revealed it will air December 2nd and 3rd, with both nights airing at 9 pm. The doc will be part of the network’s “Garth Week,” which will also include an airing of Garth’s Yankee Stadium concert on November 28th.

 

 

Jimmy Carter hospitalized after fall at Georgia home

ATLANTA (AP) — Former President Jimmy Carter is in the hospital again after falling and fracturing his pelvis at his home in Plains, Georgia.

Carter Center spokeswoman Deanne Congileo described the fracture as minor in a statement issued Tuesday. She said the 95-year-old is in good spirits at the Phoebe Sumter Medical Center and is looking forward to recovering at home after his fall Monday evening.

This is the third time Carter has fallen in recent months. He first fell in the spring and required hip replacement surgery. Carter fell again this month and despite receiving 14 stitches, traveled the next day to Nashville, Tennessee to rally volunteers and help build a Habitat for Humanity home.

Carter is the oldest living former president in U.S. history. He and 92-year-old Rosalynn recently became the longest married first couple, surpassing George and Barbara Bush, with more than 73 years of marriage.

Man accused of killing Fort Dodge pastor enters plea

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The man accused of murdering a Fort Dodge pastor earlier this month has entered a not guilty plea.

Thirty-six-year-old Joshua Pendleton entered a written plea of not guilty to first-degree murder and first-degree robbery in the death of Reverend Allen Henderson on October 2nd outside St. Paul Lutheran Church in Fort Dodge. Henderson died of injuries after the assault.

Police were able to review surveillance video near the church where Henderson was found and saw a man attempting to enter the building. Pendleton was quickly identified as the suspect and located just blocks from the church. The bond for Pendleton remains at six million dollars.

A pretrial conference to set a trial date for Pendleton is scheduled for December 2nd at 1:00 p.m. in Webster County District Court.

(By Pat Powers, KQWC, Webster City)

A New Class Of Country Music Hall Of Fame Members Inducted

The Country Music Hall of Fame held its 2019 Medallion ceremony in Nashville this weekend, inducting Brooks & Dunn, Ray Stevens and Jerry Bradley into the prestigious institution.

Brooks & Dunn were inducted in the Modern Era Category, and were honored with performances by Brothers Osborne, who performed “Brand New Man,” Luke Bryan, who covered “Red Dirt Road” and Trisha Yearwood, who sang “Believe.” The duo received their medallion from good friend Reba McEntire, and they were certainly honored by the accolade. “I’ve never been so proud and humbled,” Ronnie Dunn told the audience. “If you don’t believe that, just step in my heart right now.”

Stevens entered the Hall in the Veterans Era Artist category, with Ricky Skaggs on hand to perform “Misty” in his honor, while The McCrary Sisters also paid tribute to him with a gospel version of “Everything Is Beautiful.”

Finally music exec Bradley was inducted in the non-performer category, and was recognized for helping guide the careers of such artists as Dolly Parton and Charley Pride. He was honored with performances from Marty Stuart and Travis Tritt, who performed the Waylon Jennings and Willie Nelson track “Good Hearted Woman,” while Yola sang Dolly’s “Jolene,” and Old Crow Medicine Show were joined by Molly Tuttle for Alabama’s “Dixieland Delight.”

 

 

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