Dick DeVos and the FAA

Dick DeVos has been one of the quintessential businessman for Amway for the past thirty years. It started in the 1980s when he worked as the Vice President and led record-breaking global sales for the company. However, in the 1990s, DeVos started to work more with other businesses in Grand Rapids, which was his hometown. He had grown up there, and he would eventually live there with his wife Betsy DeVos, the 11th US Secretary of Education, and their children.

 

Throughout the 1990s, DeVos worked with business leaders to improve the growth of Grand Rapids. He wanted to avoid some of the problems that had been facing Michigan during that time tdue to the pullout of manufacturing and auto industries. West Michigan was heavily benefited by the DeVos Family Foundation, which donated upwards of $139 million.

 

In addition, DeVos joined groups like Grand Action, which was led by local business leaders. He wanted to help these leaders create more commerce in downtown. The areas had been abandoned, but DeVos saw more opportunities if they were able to attract a bigger audience. He started by using funding from DeVos Family Foundation to build charitable areas, like the DeVos Performance Hall. Then, he worked with the group to create the DeVos Place Convention Center.

 

Both of these businesses were located in the central part of downtown, which was key to bringing business back to the small city. However, that wasn’t the end of DeVos’ plan. Many people wonder why DeVos is so close to the Federal Aviation Administration and multiple airlines. It’s because of his work with Amway, but it’s also because of the way he put the Grapid Rapids international airport on the map.

 

The Gerald R. Ford International Airport was revamped in 1999. However, the airport continued to have abysmal sales. It wasn’t until DeVos stepped in during the 2000s that the airport finally saw some growth. This was in part due to DeVos working with airlines at the airport and getting them to add more destinations. These flights would become the basis for the growth for the next two decades, leading the airport to do nearly 3.26 million in traveler numbers in 2018.

 

However, most people will look at DeVos for his work with philanthropy. He has donated a large portion of his wealth to educational opportunities, while also working towards providing healthcare and cultural outlets in West Michigan. In addition, he co-founded a school with his wife Betsy DeVos called the West Michigan Aviation Academy. This school would train pilots right on the grounds of the Gerald R. Ford International Airport.

 

DeVos will continue to meet with the FAA throughout 2019 and into 2020. His work with the council has led to certain budgets and makeovers of select airports, such as the new $40 million GSO Tower.

 

Read http://dickdevos.com/news/ to learn more.

Marc Beer Manages to Raise $42 Million for Renovia, Inc.

Renovia Inc. is a company that spearheads the creation of devices that help to diagnose and offer digital therapy to women who are suffering from pelvic floor disorders. For the organization to expound on their research, they were able to raise a total of $42.3 million. The Series B equity funding catered for $32.3 million and the other $10 million came from venture debt. The funds would then be used to finance the clinical trials at Renovia, corporate development, product development pipeline, and commercial launches in the future.

 

Among the organizations that participated in the fundraiser were such as the Longwood Fund, Cormorant Asset Management, Inova Strategic Investments, Western Technology Investment, and OSF Ventures. Renovia’s advisor was Baycross Capital Group. Since Marc Beer serves as an executive at Renovia, he addressed the people who attended the fundraiser, and he expressed his happiness since many healthcare investors had availed themselves to support the vision of Renovia. The healthcare investors will enable Renovia to perform better diagnosis, formulate better treatment methods, and the lives of many women living with pelvic floor disorder will be improved.

 

Marc Beer also talked about combining the proprietary and innovative sensor technologies to come up with a health platform that would be digitized. The digitization process will allow customers to access data about their health status thus ensuring that they’re knowledgeable about their available treatment options. Women will also get access to affordable treatment. Renovia is also planning to come up with a treatment solution to urinary incontinence.

 

Urinary incontinence is another health ailment that is affecting women globally, and more than 250 million women have succumbed to this ailment. Since the inception of Renovia in 2016, the company has been dedicated to finding a diagnostic and therapeutic solution that would positively impact the lives of many women globally. Renovia has also come up with some devices that have also gotten FDA approval. One of their devices helps to direct and isolate the smooth movement of the levator plate. This device also makes use of patient-based apps and technology that deals with data management to ensure that the patients are able to get access to affordable treatment.

 

The treatment options are also precise, and a patient is able to gain access to their data in real-time pertaining to the pelvic floor disease. Renovia has also been working together with renowned medical specialists such as Samantha Pulliam who serves as the chief medical officer of the organization. The leadership team also consists of Jessica McKinney who is the vice president of medical affairs of the company and the general counsel is Jim O’Connor. Renovia’s leadership consists of medical specialists who work hand in hand with Marc Beer to revolutionize the healthcare sector and also find a solution to some the ailments affecting women adversely. Learn more: https://ideamensch.com/marc-beer/