Tuesday, July 26, 2011

Technology advances in the film industry

For this assignment I chose the technological advances taking place on the film industry. Digital film is becoming more and more popular today. American moviemakers are following the lead of independent filmmakers, which has lead to digital filming taking over and changing the film industry as we know it (physorg.com, n.d.).
Digital film making, in this day and age, is the logical step because of technology advances. People who enjoy film entertainment are starting to stay home either because they have a home theater setup with surround sound or because they can download a movie at the touch of a button. Movie theaters are becoming digital cinemas and will continue with this transition for years to come (physorg.com, n.d.).
The movie industry will continue, in my opinion, to keep up with times and changes in technology. The question is if today’s technology makes is so easy to make a movie, watch it, or download it, what could make current advances easier? Sometimes technology makes things easy that did not necessarily called for a boost to make them easier. What can be faster and more time efficient than downloading a movie in a matter of seconds?
I believe that as a college graduate one of the important things that you learn is that learning never stops; that embracing change is a sought after quality; that opening the doors to the new and exciting can pay off even though it may seem like one is navigating uncharted waters. As a college student I think that a great part of your training includes lectures on how to handle technological advances, even if he or she does not have the technical training to directly handle them. The key college student have over people without that college education is that college students are trained to adapt to different environments and are given the tools to do so.


Physorg. (2011). Physorg.com. Retrieved July 26, 2011,
http://www.physorg.com/news63371606.html

Tuesday, July 12, 2011

Financing Resources

EEvery business owner will need funding in one way or another. When I looked at the websites provided on our assignment it was no surprise to me that so many options exist today to fit nearly every business owner’s needs. The first website I looked into was opportunity finance. The one thing that captured my attention is that this website is not going to provide direct funding but a network to learn and possibly find financing options. These options are not limited to small business but housing, community facilities and such. The website provides links to the possible resources a business owner can make use of including trade associations and government resources (opportunityfinance.net, n.d.).
The website does have certain requirements that need fulfilling before a member qualifies during the application process. Some requirements include (a) be a member in good standing, (b) demonstrate that the use of capital is consistent with OFN’s mission, (c) demonstrate the capacity to use capital productively, and (e) demonstrate at least two years of operating surpluses in the last three years (opportunityfinance.net, n.d.). Additional information includes an overview on the CDFI Bond Program overview that was enacted by the Small Business Jobs Act of 2010 as a transformational tool that will provide a new source of long-term/low-cost capital to disadvantaged communities (opportunityfinance.net, n.d.).
The next website I decided to cover is cdvca.org. This website is also a network where business owners can also find funding options such as CDVC funds which basically makes equity investments on businesses in economically distressed areas in the United States. So this type of funding would apply to current business owners whose business is already up and running (cdvca.org, n.d.).
In order to start the process, one requirement is to fill out an application and questionnaire where you have to provide information about (a) your organization's mission statement, (b) a description of the organization, (c) a description of the investment strategy of your funds, and more. Some additional information includes local conferences and events, public policy, and other federal initiatives (cdvca.org, n.d.).


CDVCA. (N.d). Cdvca.org. Retrieved July 12, 2011,
From http://www.cdvca.org/index.php? option=com_content&view=category&layout=blog&id=90&Itemid=104
Opportunity Finance. (2011). Opportunityfinance.net. Retrieved July 12, 2011,
From http://www.opportunityfinance.net/