Digging In

Recoup acquires Deals For Deeds

December 1, 2011

After only one month since its official launch, Recoup, the Georgetown-based innovative cause shopping channel that connects businesses with consumers through causes is announcing that it is joining forces with Deals For Deeds. The acquisition creates a premier cause-shopping destination for thoughtful consumers and provides expanded value for businesses and non-profits locally and nationally.

“After two amazing years, we’re very proud to see that what started as a simple idea among two friends, has grown into a powerful business model that has accomplished effective and long-lasting change,” stated Harrison Miller Co-Founder of Deals For Deeds. “We’re excited to join Recoup and support their strategic vision while firmly establishing the company as the leading brand in the online cause promotions space.” Deals for Deeds brings an additional 400 businesses and 200 non-profits to Recoup.

Leveraging its innovative, scalable and patent-pending system, Recoup is the first company in the online cause promotions space placing emphasis on personal preferences by empowering consumers to choose which organizations they want to support, how much of their discount they want to give as a tax-deductible contribution, and to invite friends to join their instant fundraisers.

Recoup has already signed up over 70 local and national non-profit organizations and schools with a combined reach of five million supporters, including: American Forests, Doctors Without Borders/MSF, Kids in Distressed Situations (K.I.D.S.), Ovarian Cancer National Alliance, Rock The Vote, Special Olympics VA, Girls on the Run DC, Arlington Arts Center, D.C. Central Kitchen, and Bread for the City.

“This acquisition is the first step in our plan to consolidate the online cause promotions space and create the premier shopping channel designed to build brand value through a vast community of thoughtful consumers,” says Luca Pivato, CEO of Recoup.  The company is evaluating other partnerships and investment options and is poised to expand to other markets across the U.S. and in Europe.

Deals For Deeds Co-Founders Harrison Miller and Josh Hoffman have already joined the Recoup family, bringing their experience and robust relationship network to the team.  Miller has been named Recoup’s Director of Community Engagement and Hoffman is Recoup’s Director of Sales.


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First Lady Michelle Obama announces veteran hiring initiative

November 10, 2011

First Lady Michelle Obama announced "Operation Enduring Opportunity" this morning at the International Franchise Association (IFA) Veterans Day event held at the U.S. Chamber of Commerce in Washington, D.C. The announcement, part of the White House Joining Forces Initiative, represents the largest industry veteran hiring commitment to date.

"As tens of thousands of service men and women return from deployment in Iraq, Afghanistan and Southwest Asia, expanded opportunities are needed to ensure that veterans and their families are able to transition into the civilian economy. With its rapid training opportunities, defined structure and systems, and need for operational excellence, franchising provides an ideal structure to enable returning veterans to become leaders of and productive participants in the U.S. economy," said IFA President & CEO Steve Caldeira. "We encourage all franchise businesses, including franchisors and franchisees, to answer the call to offer jobs and career opportunities to veterans, wounded warriors and their families. Not only is this critical for the economic and social stability of veterans and their families, but it is an important component of the U.S. economic recovery."

Veterans have a proven track record of success in franchising. According to a recent study based on U.S. Census data, there are more than 66,000 veteran-owned franchise establishments in the United States, providing jobs directly for 815,000 Americans. Over 2,100 veterans have become franchise business owners through the IFA's VetFran program

Specific hiring and recruitment targets by franchise businesses will be posted at www.VetFran.com.


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Hillary Clinton's mother dies at 92

November 1, 2011

Dorothy Howell Rodham, the mother of Secretary of State Hillary Rodham Clinton, and mother-in-law of former president Bill Clinton, died early Tuesday morning at George Washington University Hospital. She was 92.

Clinton had canceled a trip to London and Istanbul to be with her mother.  Dorothy Rodham had overcome years of struggle to become a powerful influence on her daughter. Her remarkable life is chronicled in The New York Times.


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