TERRACE STANDARD | Business R | VIEW Deep pocket investors THEY’RE —_ earthbound angels..and Roger: Killen believes there. could be anywhere from 100 to. 200 of them in this region. Angels is the term for high net worth individuals, mostly male, ‘and’ they’re looking for business ideas, worthy of their investment, says Killen, a business con- sultant from Vancouver. He was brought to Ter- ‘race recently by the North- west Science and Innovation Society which carries the mandate of connecting peo- ple with ideas to people with investment capital. ; - Killen said the best idea in the world will go nowhere without a solid business plan ‘that can attract angels or any other person with money. “The idea is way down | the list of what is needed. You have to have a plan that makes it.worthy of invest- Roger Killen ment capital,” said Killen. “Anything else is unwor- thy of investor support if you do not have what it takes to earn investor Support ” he added. . Killen lays out six points to make an idea worthy of investor support, . including confidence. in investing, pro- viding an acceptable rate of return, providing tax benefits - and providing an avenue for - the investor to reclaim the original investment ‘within five to eight years. “If Ican meet these needs, there’s a pretty good possi-, bility you are going to write me a cheque,” said Killen. These needs go beyond ‘the traditional friends’ and . family network that new or small companies first rely on for investment capital. Killen did add that small companies in smaller towns have an added advantage, provided they can meet the essential first needs of inves- tors. “What they can do is ap- peal to.altruism, to the. idea: that by investing, they are helping the local communi- ty, the local; economy, ” said Killen. Some companies, . par- -ticularly ones in the United: States, are formed by inves- seeking good ideas tors who first put in place a strong management team which. is then the mandate to search for an idea or other company that has a‘strong , plan, Killen said. : He ‘feels Americans are more inclined to take invest- ment risks than Canadians. — “Part ‘of that is the tax system there. Americans have more surplus cash, they have more assets because of the tax system to support early stage companies,” Kil- len continued. But, as much’ as _inves- tors are looking for.‘poten-. tial profits, they are also being influenced by societal change in any business plan they examine, Killen’ said. ’ “There’s now a focus on health, on wellness, on envi- * ronmental ‘sustainability in.” addition to profits. Investors are looking for this as well, ” he said. Anyox, Kitsault, Powerex sign hydro deal ‘ POWEREX has struck a 30-year deal with two northern Independent Power Producers — Anyox Hydro Electric Corporation and its subsidiary Kitsault Hydro Electric Corporation. .. The freshly inked deal announced » Oct. 24 will see Powerex buy the total output of 237 gigawatt hours per year. The energy will be generated at two fielLSte BO dst HOME TTADLEY. Realtor ; Cell: fan... . Best deal.on the-: [aap Bus:. (877) 635-2404 Res: BeO) 798-9565 250 = Email: vance@royallepage.ca market today!. 631-3100 Royal LePage Terrace #102-4644 Lazelle Ave., Terrace, B.C. tin storage products and two run-of-river operations on the coast near Prince Ru- » pert and are expected to be on-line in late 2007 or early 2008, officials say. _ The infrastructure relating to those projects — two in Anyox and two others called the Homestake and Trout Creek projects are still underway, says Anyox director of operations John n Turpin. _ CORRECTION FOR BRITISH COLUMBIA HONDA _ DEALERS ASSOCIATION "In the promotional. insert entitled WOW’, currently: being distributed on behalf of the British Columbia Honda Dealers ‘Association, the following errors have occurred: a} the Honda . Element is not equipped with Vehicle Stability Assist™ (VSA®}; b}) all 2006 Elements include - Anti-lock Brakes (ABS). This feature is “new for 2006” on Element models: (YH1726PL/. YH1826PL); c) In the explanation of purchase and lease terms that is found on page 2-3 the total lease payment of both the 2006 Civic Sedan, model FA1526E/FAI526EX and 5 the 2006 Civic Coupe, model FG1126E is - incorrectly stated. The correct figure for the Civic _ ~ Sedan should be $15,364.93; and for the Civic | Coupe, $15,650.57. The British Columbia Honda Dealers Association apologizes for any inconvenience these errors may have caused. [sea THE TERRACE | RANGER PATROL IS RECRUITING The Anyox plant and Kistsault dams projects are’expected to be completé by the end of 2007 while the Homestake and Trout Creek projects will be.com- pleted by the middle of ‘08. -The construction costs, the installation of an underwater trans- mission line is'expected to bei in excess of $100 million. including 6 : History | The City of Terrace has been fluoridating its water system since 1965 and can only | The Terrace Standard, Wednesday, November 9, 2005 - A13 ‘CITY OF TERRACE FLUORIDATION REFERENDUM On November 19, 2005, in conjunction with the Genera! Local Election, the City of Terrace will be holding a Referendum to determine whether or not the electorate | wants the City to continue adding fluoride to the City’s drinking water. , The question on the ballot will be: “Do you want the City of Terrace to continue adding fluoride to its water supply?” Yes ; No * a : : uo discontinue the practice with the majority assent of the. electors, by Referendum. The water supply has naturally occurring fluoride in the amount of less than 0. 1 parts per million (ppm). The City adds additional fluoride (hydro-fluosilicic acid) to raise the amount to 0.7 ppm. , The approximate cost of fluoridating the water supply _is $23,000 per year. : The positive and negative effects of fluoride have long been debated and there are many. studies and views that a person can research when forming an opinion. : Tf more information on the subject is required it can be accessed on any internet search engine, through the local library, or by talking with your doctor, dentist, health professional, or the local Health Unit. : : THERE IS MORE THAN ONE WOMAN : who knows that stressed is desserts spelled backwards BUT THERE IS ONE PLACE where they can all get together and start.to change FREE REGISTRATION. JOINNOW 2. _ PAY ONLY $15 - SAVE $30.00 9 oe ye 1 800 682 8011 WEIGHTWATCHERS.CA _ 7 Knox United Church (Terrace) 4907 Lazelle oe Twestay 5: 30 pm Gneig ht\Watchers’ gfty yourself change“ Valid for a lintited time al partic ipating meeting focations. Not valld for At Work: meelings and Online subscription products. WEIGHT WATCHERS is a registered trademark of Weight Watchers international, | Inc. 2005 Weight Watchers International, Inc. All rights reserved. : BChydro & . The most important environmental impact is nO impact at all. This. could be of interest to those people who like the -outdoors, are physically fit and want to make a contribution to Community and Country. The Canadian Rangers are interested in recruiting individuals who are willing to make a positive contribution to the Terrace Ranger Patrol and like working in a small team environment. PLACE & TIME: An information session will be held between 1:00pm and 4:00 en at the Terrace Rod & Gun Club November 26th, 200 iim PREREQUISITES: " o- Canadian Citizen Member of Patrol Community 18 - 65 years of age ; ; Good Health . se ~ Pass Criminal Background Check . | Satisfy the Canadian Ranger enrolment Process ; ; : 7 - CANADIAN RANGER ROLE: The role of the Rangers is “to provide a military presence in those sparsely settled northern, coastal and isolated areas of Canada which can not'conveniently or economically be covered by other elements of the military.” OUR MISSION: The mission of. the Rangers is to “provide lightly equipped, self-sufficient, mobile forces in support of the Canadian FS orces’ sovereignty ‘and domestic operation tasks.” For more information on the Canadian ra ngers visit our web site at hitp://www.army.ge.ca/4CRPG/hq/index.htm _ OR CALL SGT RAMSEY AT 250-635-6332 . . oo » The environ MENT isa responsibility each of us shares. At BC Hydro, we know our operations do:have an “effect. Our long-term goal is to have no net additional impact on the environment. We're looking at a lot of ways to do | that. Some of these solutions involve supporting cost-effective clean energy from: independent producers, promoting ~~ _ energy conservation through Power Smart and constantly searching for innovative ways to keep reducing. We strongly _ believe reliable and low-cost electricity shouldn't come at the expense of our environment. That's why we're making — “energy conservation the cornerstone of our plan to meet B.C.'s future electricity 1 needs. You can help by conserving energy ‘in your home or business, and even by simply reducing the amount of paper we all use. View your bill on your computer: instead. Sign up for online billing, at bchydro.com. , for generations