EDCO HIRES HEIDI HAUSNER AS DIRECTOR OF MEMBERSHIP

New Team Member

BEND, OR (July 12, 2017) – Economic Development for Central Oregon (EDCO) is pleased to welcome the addition of Heidi Hausner as Director of Membership, a new position within the non-profit, focused on actively developing EDCO’s membership in an effort to expand the growing region’s network of business leaders, investors, partners and advisors.

In this role, Heidi will execute an outreach initiative to connect with the Central Oregon business community and share how EDCO benefits our region as a whole. Further, she will work to better engage the current membership in the organization’s work.

Heidi is a native Central Oregonian, where she has undertaken her own entrepreneurial endeavors in land investments, land development projects, and business ownership. She joins the EDCO team after nine years as Marketing Manager for a local brewery. Additionally, she brings along domestic and international business experience in various sectors including real estate, hospitality, and technology.

Roger Lee, CEO of EDCO said “Heidi’s experience and drive are a great fit for EDCO. We have a small team with a big mission and we’re optimistic that her contributions will add fuel so we can do more to transform and strengthen our regional economy.”

Heidi holds a Bachelor of Arts in International Relations from United States International University, with coursework in both San Diego and Nairobi, Kenya. As a native Central Oregonian, she holds a deep sentiment for our community and is excited for this chance to serve, collaborate and unify a diverse group of regional leaders and businesses that together are the key to a vibrant and prosperous area.

Since 2006, EDCO had structured membership development and event development and management under one position – a role held by Erin Reilly for the past five years. During that time, the organization’s events grew in number, stature, and attendance; swelling to more than 50 events annually. With the hiring of Heidi, the role will be separated, allowing both segments greater focus.

“The number one reason why businesses aren’t already EDCO members is because they haven’t been asked,” said Erin Reilly. “We are excited to have a full-time position dedicated exclusively to membership and I look forward to working with Heidi while focusing my efforts 100% on the success of our events.”

“Special thanks to the dedication and investment of time from Eric Strobel and Sarah Lindsey of BBSI (Barrett Business Services, Inc.), for conducting the extensive search that led to this hire,” noted Erin Chaiet, COO of EDCO.

About EDCO
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

About BBSI
BBSI was founded in 1951 by an entrepreneur driven to provide a valuable, hands-on business service at a reasonable price. Today, the company works across the country with 3,000 businesses daily, providing solutions for business owners that include payroll services, staffing (short-term and long-term contract) and complete human resources consulting. With 54 offices in 12 states, BBSI builds relationships at the local level to better serve their customers. Learn more about BBSI here.

The Bend Venture Conference Returns for 2017, Call For Applications Now Open

THE BEND VENTURE CONFERENCE RETURNS OCTOBER 19-20, 2017
APPLICATIONS OPEN NOW THRU FRIDAY, AUGUST 11TH

BEND, OR (July 6, 2017) – Economic Development for Central Oregon (EDCO) will again host the annual two-day Bend Venture Conference (BVC), now in its 14th year, on Thursday, October 19 – Friday, October 20, 2017, at the iconic Tower Theatre in downtown Bend.

This year’s conference will once again feature three competition categories: Growth Stage, Early Stage and Social Impact. The application period is open now through August 11th.

  • Growth Stage Competition: This category is open to companies that have a proven concept, have generated initial revenues and are prepared to scale quickly with investment. Applicants can be located anywhere in the U.S. To apply, click here.
  • Early Stage Competition: This category is open to companies that have a great idea and are close to “proof of concept.” They are pre-revenue (or very early-revenue) and are in the process of testing their product in the market. Applicants must be located in Central Oregon. To apply, click here.
  • Social Impact Competition: Now in its second year, this category is open to for-profit companies, whose business models are integrated with a mission to have a significant and measurable social or environmental impact. Applicants should be aiming to generate long-term enterprise value and attractive returns on capital. Applicants must be located in Oregon. To apply, click here.

“Bend Venture Conference truly elevated venture and angel investing in Oregon last year by deploying nearly $4 million to ten companies. It was a banner year with over 90 impressive applicants. We continue to attract some of the most innovative companies in the west to compete for these investments. And at the same time, there’s room for companies of all stages to compete within our three categories,” said Brian Vierra, EDCO’s Venture Catalyst.

Companies in the Social Impact Competition historically compete for investments ranging from $50,000-$100,000. BendBroadband Business returns to sponsor the Early Stage Competition with a $17,500 cash grant, while Growth Stage Competition finalists could collect an investment of $250,000 or more. The 2017 BVC will feature impressive panelists and keynote speakers from across the country representing angel investors, venture capitalists and entrepreneurs, to be announced at a later date.

Jason Moyer, Fund Manager for the 2017 BVC, LLC said, “During the past several years, BVC has matured from a local angel event to one of the more valuable conferences in the country.  We’re attracting some of the region’s most promising early-stage ventures, along with numerous professionally managed investment funds.”

“The inaugural year of the Social Impact Fund was wildly successful and exceeded all expectations,” noted Ryan Andrews, Fund Manager for the 2017 BVC Social Impact Fund. “We were the very first fund to invest in two companies, OpConnect and Hemex Health, which have both gone on to raise significant additional investment and find market traction. This is a huge accomplishment for any fund and our goal for this year is to continue on that path.”

Ticket Sales
Tickets to the 14th Annual Bend Venture Conference are on sale now and are available here.

About Bend Venture Conference (BVC)
BVC, hosted by EDCO, is one of the largest angel conferences in the country. More than 600 attendees, six funds, 32 prominent investors, and 90 companies participated in 2016’s conference, where nearly $4 million was invested in 10 companies.

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

Laird Superfood To Open New Facility in Sisters

Laird Superfood New Sisters Facility
Paul Hodge, Co-Owner of Laird Superfood, accepting a forgivable loan check with (L-R) Sisters City Council President Nancy Connolly, EDCO Sisters Director Caprielle Lewis, and Sisters City Councilor Andrea Blum (photo by Nicole Abbenhuis)

 

SISTERS, OR (June 27, 2017) – Earlier this month, Paul Hodge, Co-Owner of Laird Superfood, accepted a forgivable loan check from the City of Sisters to help build a new production facility in town. Working with the City of Sisters, EDCO’s Caprielle Lewis helped Laird Superfood secure the forgivable loan, which was essential in locating the company in Sisters.

“Caprielle Lewis at EDCO was instrumental in keeping our business in Sisters,” noted Hodge. “Capi did this by finding and connecting us with key employees, finding available land to build our new facility, helping us secure a forgivable loan with the city to fund expansion, and lead us through tax incentives, among many other things.”

Hodge continued, “EDCO went above and beyond the call of duty in support of our business, which was the determining factor in building our business in Central Oregon.”

With groundbreaking slated for later this summer, Laird Superfood is expecting to produce their nutrient-dense superfoods in the new facility by the end of 2017.

Laird Superfood currently has 15 employees including the recent addition of four new key hires: Chief Marketing Officer, Customer Service Manager, FDA Quality Control and Compliance Manager, and Purchasing Manager, two of which were direct referrals from Lewis who helped bridge the employer/employee gap. A full workforce of approximately 45 employees is expected by next summer.

Laird Superfood was founded by serial entrepreneur Paul Hodge and Laird Hamilton, the world-renowned big-wave surfer. The company creates clean, nutrient-dense products free of preservatives and chemicals, which currently includes coffee, coffee creamer, and other performance/superfood supplements.

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations.

Bend Tops Outside Magazine’s 25 Best Towns of 2017

Outside Magazine Best Town 2017

What locals have already known is now confirmed by one of the largest magazines in the U.S. Outside Magazine featured Bend on the cover of their July Issue revealing The 25 Best Towns of 2017, their biggest best-towns list ever.

Outside Magazine put together a special advisory council to nominate places across the country “that are great for kids, have drool-worthy food and drink scenes, are welcoming to people of any background, and have all the bike lanes and singletrack you could possibly want.”

From Mt. Bachelor’s winter expansion to Smith Rock’s world-class climbing and the region’s miles upon miles of single-track, it’s a no-brainer to see why Bend is home to nearly 80 outdoor-related companies, both established and start-ups.

Bend couple and founder of Picky Bars, Lauren Fleshman and Jesse Thomas are featured on the cover.

Here are the official stats:

Bend, Oregon: Best Multi-Sport Town

  • Population: 90,000
  • Median home value: $271,000
  • Median household income: $53,000
  • Council says: “There are a ton of great craft breweries. It’s one of the country’s better scenes.” —Ron Jeffries

For the entire article, and to hear what other great things Outside Magazine has to say about Bend, click here.

EDCO HIRES RYAN CULP AS SUNRIVER/LA PINE AREA ECONOMIC DEVELOPMENT DIRECTOR

New Team Member

EDCO HIRES RYAN CULP AS SUNRIVER/LA PINE AREA
ECONOMIC DEVELOPMENT DIRECTOR

BEND, OR (June 19, 2017) – Economic Development for Central Oregon (EDCO) is pleased to welcome the addition of Ryan Culp as Sunriver/La Pine Area Economic Development Director.

In this role, Ryan is responsible for executing the plans and programs of business retention, expansion, and recruitment within the La Pine and Sunriver communities and assisting in the creation and retention of traded-sector employment in South Deschutes County. Additionally, Ryan will work with area leaders to assist in projects, initiatives and activities that directly or indirectly make the community an easy, cost effective and friendly place to do business.

Ryan hails from Mississippi, where he most recently worked as a Senior Project Manager for the Mississippi Development Authority, the economic equivalent of Business Oregon. In 2016 alone, he helped recruit nearly 1,000 jobs and $220 million in private investment to Mississippi, while guiding businesses ranging from startups to Fortune 500 companies on site selection, project financing, and workforce development.

“It’s not often we are able to hire team members with applied economic development experience,” noted Roger Lee, CEO of EDCO. “Ryan comes to us with invaluable recruitment knowledge and a track record of bringing together all the necessary elements of complex business development projects that will help him to make a difference in La Pine and Sunriver.”

Ryan holds a Bachelor of Business Administration in Marketing from Mississippi State University. An avid climber and outdoorsman, he and his wife recently relocated from Mississippi to Central Oregon. While initially attracted to the region’s natural beauty, his excitement about the economic potential of southern Deschutes County motivated their move to the Pacific Northwest.

“We’re fortunate to be able to recruit talent from across the country. This wouldn’t have been possible without the help from Karen Turner and the thorough staff at Express Employment Professionals, who continue to set the bar high in finding incredible talent,” said Chief Operations Officer, Erin Chaiet.

About EDCO
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

About Express Employment Professionals
Express Employment Professionals is an international franchise organization that is locally owned and operated by Connie Druliner. Express Employment Professionals has been providing Recruiting and Human Resource solutions to the Central Oregon community for over 30 years. Learn more at www.expresspros.com/bendor.

EDCO’S NEXT PUBTALK SET FOR JUNE 22 AT MCMENAMINS

EDCO's Central Oregon PubTalk

FEATURING SANJAY DHOLAKIA, FORMER CMO OF MARKETO

BEND, OR (June 1, 2017)Economic Development for Central Oregon (EDCO) just announced the speakers for the next PubTalk to be held Thursday, June 22, 5 pm at McMenamins in Downtown Bend. Tickets are on sale now and available via Eventbrite here.

EDCO’s Central Oregon PubTalk, held the fourth Thursday of the month, is a happy hour aimed at bringing together different facets of the business community in one place to network, share ideas and further local businesses. Where Beers and Business Collide!

Keynote Speaker:
Sanjay Dholakia; Board Member, Advisor and Former CMO Marketo

Sanjay most recently served as Marketo‘s CMO for nearly five years. He led the marketing department through its worldwide expansion and IPO, helping to scale the company nearly 10-fold. He joined Marketo through the acquisition of social software company Crowd Factory, where as CEO he was responsible for the strategic direction and vision of the company. Prior to Crowd Factory, Sanjay was CMO at Lithium Technologies, where he helped triple the company’s run-rate revenue over an 18-month period.

This PubTalk will pull from Sanjay’s extensive background and focus on functional advice for marketing in the new digital age, along with strategic keys and tips to driving growth.

Company Pitches:
Mission Limelight
Talena Barker, Founder and CEO of Mission Limelight, has worked with non-profits for more than 10 years, helping them raise nearly $4 million. Mission Limelight is a comprehensive suite of services and an integrated cloud-based marketplace, enabling non-profits to increase their contributions and revenue; donor organizations to achieve greater impact; and for both to broaden their audience, enhance their effectiveness and efficiently measure results.

Voilà Coffee Company
Kent Sheridan is a relentless innovator and the Creator and Founder of Voilà, a specialty instant coffee sourced from top US coffee roasters. Kent’s views and insights into the specialty coffee market are what have helped propel the company to success. Voilà offers customizable taste preferences and is delivered monthly.

Company Update:
Craft3
Turner Waskom, Commercial Lending Team Manager, will give an update on Craft3, a nonprofit specializing in loans that strengthen the economy, families and the environment. Craft3 lends to businesses, nonprofits and individuals throughout Oregon and Washington. Since its inception in 1994, Craft3 has invested more than $433 million from their Oregon and Washington offices and were the first company to invest in the Bend Venture Conference’s inaugural 2016 Social Impact Track.

Agenda
5:00 pm to 6:00 pm Networking – Drinks and appetizers
6:00 pm to 6:45 pm Company Presentations
6:45 pm to 7:30 pm Keynote Speaker Presentation

Cost and Registration
$25 EDCO & OEN Members
$35 Non-Members
Cost includes appetizers and a free beverage (choice of beer, wine, or soda)

Title Sponsors:

About Economic Development for Central Oregon (EDCO)
Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

CASCADE ANGELS FUND INVITES EARLY STAGE COMPANIES TO APPLY FOR FUNDING

Third Application Period Open June 1-15, 2017 via Gust.com


BEND, Ore. – June 1, 2017 –
Entrepreneurs seeking investment capital have an opportunity to present their early stage businesses for growth to Cascade Angels. Cascade Angels Fund 2017, LLC (“Cascade Angels Fund 2017” or the “Fund”) has opened up its third application period, which runs from June 1-15, 2017. Entrepreneurs interested in applying can do so via Gust.com.

The Fund anticipates investing in 4-7 companies in 2017. Typical investments are made in early stage, Oregon-based companies from any industry. Investments are anticipated to range from $100,000 to $250,000.

Cascade Angels Fund is now in its fourth year. The Fund’s mission is to create regional opportunities for investors and businesses to drive economic growth and fuel prosperity. The Fund is managed by Julie Harrelson, an entrepreneur, investor and leader in Oregon’s startup community. She was recently named “Woman of the Year” by the Bend Chamber.

“We’ve had two application periods so far and are in the process of reviewing the deals in front of us. We welcome any company to check out our application process on Gust and apply for funding if they meet the criteria,” said Julie Harrelson, CEO of Harrelson Group Inc., Fund Manager for Cascade Angels. “Our focus continues to be on generating returns for investors, while also positively impacting job creation and economic development in our region.”

Cascade Angels Fund is sponsored by Jones & Roth, Karnopp Petersen LLP, US Bank, and Harrelson Group. 

*Membership in the Cascade Angels Fund 2017 is by referral and invitation only. Angel and venture investments involve a high degree of risk. Participation in the Cascade Angels Fund 2017 is limited to “accredited investors,” as defined by the general rules and regulations of the Securities Act of 1933 of the Securities and Exchange Commission AND to investors who have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of prospective investments.

 

This release is not an offer to sell or solicit investment in the Cascade Angels Fund 2017, its portfolio companies, or applying companies. The Cascade Angels Fund 2017 does not operate as a broker-dealer or investment adviser and is not registered as such with any federal or state securities regulator.

About Cascade Angels Fund

Founded in 2013, Cascade Angels is a professionally managed, investor driven venture fund that creates opportunities for investors and businesses with connections to Central Oregon to drive economic growth and fuel prosperity. The Fund’s investors include prominent business leaders, exited entrepreneurs and institutional investors who are committed to contributing to a sustainable economy and building Oregon’s entrepreneurial ecosystem. Since 2014, Cascade Angels Fund has invested nearly $2M in 13 early stage companies that cumulatively employ over 100 people. For more information, visit www.CascadeAngels.com, Gust.com or www.twitter.com/CascadeAngels.  

 

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We’re Hiring – Bend Area Director

EDCO Hiring Central Oregon

**Application Process Now Closed**

Economic Development for Central Oregon (EDCO) works to build a stronger, more stable and diversified local economy.  We are currently looking for a Bend Area Director to execute the plans and programs of business retention/expansion and recruitment for projects, and assist in creating or retaining key employment primarily within the greater Bend area.  This position is an integral part of the EDCO team and is an excellent chance to make an impact within the Central Oregon business community.

All applications and inquiries should be directed to Sam Lambert at Mid Oregon Personnel, 541-382-0445.

For a complete job description, click here.

EDCO’s May 25 PubTalk – Speakers Announced

EDCO's Central Oregon PubTalk

EDCO’S NEXT PUBTALK SET FOR MAY 25 AT MCMENAMINS
FEATURING SCOTT SANDLER, OREGON ANGEL FUND

BEND, OR (May 4, 2017)Economic Development for Central Oregon (EDCO) just announced the speakers for the next PubTalk to be held Thursday, May 25, 5 pm at McMenamins in Downtown Bend. Tickets are on sale now and available via Eventbrite here.

EDCO’s Central Oregon PubTalk, held the fourth Thursday of the month, is a happy hour aimed at bringing together different facets of the business community in one place to network, share ideas and further local businesses. Where Beers and Business Collide!

Keynote Speaker:
Scott Sandler, Fund Manager, Oregon Angel Fund

Scott grew up in Massachusetts and headed west to Oregon in search of big mountains and to start his career at Intel. He quickly realized he was more of a startup kind of guy, which led him to stints in customer support and marketing at four software startups. Scott then became CEO of Novas Software, which had a successful exit in 2008. Having committed to do “something completely different” after Novas, he joined OAF as an investor in 2010 and became a member of the team in 2012. He is currently in charge of many day-to-day activities, including generating deal flow, evaluating business plans and due diligence management.

This PubTak will focus on the pros and cons of the many different types of funding entrepreneurs have available to them. Scott’s varied experience brings along insights into planning, managing expectations and how to help businesses understand which options can be the right fit.

 
Company Pitches:
DubsLabs

Six years ago Eric Dubs, Founder and CEO of DubsLabs, quit his corporate job as a nuclear submarine propulsion engineer and spent his life savings to start a product development company. Since then DubsLabs launched the thinnest headphones available on the market, Bedphones Sleep Headphones, shipping tens of thousands of units across the globe. They are currently in process to launch their next product, Versafit: sports headphones that allow users to hear their music and their surroundings – the opposite of noise-cancelling headphones.

Locals Compass
Zilaida Salgueiro, Founder and CEO, created Locals Compass, out of a passion for travel and a desire to spend less time planning and more time experiencing destinations like a local. Born and raised in Puerto Rico, Zilaida moved to the U.S. shortly after graduating college. Since then, she has worked at companies of all sizes and stages: from Fortune 200s to startups. Locals Compass is a travel marketplace that connects travelers with locals who help them navigate their cities through personalized travel itineraries.

 
Company Update:
Odysys, Inc.
Kent Schnepp, CEO & Founder of Odysys, Inc., will give an update on what the company has been doing since they won the top prize at 2015’s Bend Venture Conference. Kent has over 18 years’ experience in internet marketing with top-tier clients including Vail Resorts, U.S. Bank, and InterContinental Hotels & Resorts. Odysys, Inc. develops and markets a SaaS marketing and technology platform that helps independent hotels significantly reduce their guest acquisition costs. The platform includes marketing automation tools and private label, commission-free booking technology.

Agenda
5:00 pm to 6:00 pm Networking – Drinks and appetizers
6:00 pm to 6:45 pm Company Presentations
6:45 pm to 7:30 pm Keynote Speaker Presentation

Cost and Registration
$25 EDCO & OEN Members
$35 Non-Members
Cost includes appetizers and a free beverage (choice of beer, wine, or soda)

Title Sponsors

https://cdn.evbuc.com/eventlogos/81966/201617pubtalktitlesponsors.png

About Economic Development for Central Oregon (EDCO)

Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

Cascade Angels Accepting Funding Applications Til May 1

Entrepreneurs seeking investment capital have an opportunity to present their early stage businesses for growth to Cascade Angels. Cascade Angels Fund 2017, LLC (“Cascade Angels Fund 2017” or the “Fund”) has opened up its second application period, which runs from April 4 to May 1, 2017. Entrepreneurs interested in applying can do so via Gust.com.

The Fund anticipates additional application rounds in the coming months and investing in 4-7 companies in 2017. Typical investments are made in early stage, Oregon-based companies from any industry. Investments are anticipated to range from $100,000 to $250,000.

Cascade Angels Fund is now in its fourth year. The Fund’s mission is to create regional opportunities for investors and businesses to drive economic growth and fuel prosperity. The Fund’s profile on Gust.com includes additional information regarding its purpose, mission and goals. Since 2014, Cascade Angels Fund has invested nearly $2M in 13 companies, all of which are still in operation and cumulatively employ over 100 people.

“We’ve already had one application period this year and were impressed with the quality of the companies coming through,” said Julie Harrelson, CEO of Harrelson Group Inc., Fund Manager for Cascade Angels. “As always, our focus is to generate returns for investors, while also positively impacting job creation and economic development in our region.”

An entrepreneur, investor and leader in Oregon’s startup community, Julie co-founded Cascade Angels Fund in Bend in 2013. She was recently named “Woman of the Year” by the Bend Chamber for the difference she has made in the business community.

Cascade Angels Fund is sponsored by Jones & Roth, Karnopp Petersen LLP, US Bank, and Harrelson Group.

*Membership in the Cascade Angels Fund 2017 is by referral and invitation only. Angel and venture investments involve a high degree of risk. Participation in the Cascade Angels Fund 2017 is limited to “accredited investors,” as defined by the general rules and regulations of the Securities Act of 1933 of the Securities and Exchange Commission AND to investors who have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of prospective investments.

This release is not an offer to sell or solicit investment in the Cascade Angels Fund 2017, its portfolio companies, or applying companies. The Cascade Angels Fund 2017 does not operate as a broker-dealer or investment adviser and is not registered as such with any federal or state securities regulator.

About Cascade Angels Fund

Founded in 2013, Cascade Angels is a professionally managed, investor-driven venture fund that creates opportunities for investors and businesses with connections to Central Oregon to drive economic growth and fuel prosperity. The Fund’s investors include prominent business leaders, exited entrepreneurs and institutional investors who are committed to contributing to a sustainable economy and building Oregon’s entrepreneurial ecosystem. Since 2014, Cascade Angels Fund has invested nearly $2M in 13 early stage companies that cumulatively employ over 100 people. For more information, visit www.CascadeAngels.com or www.twitter.com/CascadeAngels.

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