Prospect Capital and Refuel Agency Support Veterans' Well-Being
Prospect Capital Joins Forces with Refuel Agency for Veterans
Prospect Capital Corporation (NASDAQ: PSEC) is transforming lives for military veterans through an inspiring philanthropic partnership with Refuel Agency, a leading media and marketing firm focused on serving the military community. This collaboration aims at providing crucial resources and support to veterans through impactful nonprofit initiatives.
Empowering Veterans Through Strategic Collaboration
The impact of their partnership is amplifying as the John and Daria Barry Foundation reaches out to two prominent veteran organizations: Team Red, White & Blue (Team RWB) and Avalon Action Alliance. These organizations are pivotal in enhancing the lives of veterans through tailored programs and support systems.
Team Red, White & Blue Initiatives
With the foundation's support, Team RWB is expanding its Eagle Alliance Program, which focuses on:
- Strengthening corporate Veteran Employee Resource Groups to help veterans thrive professionally.
- Enhancing digital platforms that connect veterans with essential services and resources.
- Building partnerships with organizations dedicated to veteran health and wellness.
Avalon Action Alliance's Comprehensive Care Model
Avalon Action Alliance is also a beneficiary of this partnership. The support will enhance its integrative trauma care model, providing:
- Thorough assessments and specialized care for traumatic brain injuries.
- Programs tailored for recovery from post-traumatic stress, fostering growth and resilience.
- Community-driven rehabilitation efforts focused on substance abuse, emphasizing veteran-centered approaches.
The Role of Refuel in Connecting Communities
Refuel has been instrumental in bridging the gap between the John and Daria Barry Foundation and these impactful organizations. Liz Carmo, the Executive Vice President for Audience and Brand at Refuel, recognizes the importance of their mission: connecting brands and communities, especially for military members and their families. This partnership aims to enhance the support available to the veteran community significantly.
A Commitment to Meaningful Investments
Prospect Capital’s investment philosophy transcends traditional financial growth; it emphasizes making a positive social impact while supporting the missions of its invested companies. By backing Refuel, Prospect is not only contributing to a worthwhile cause but is also creating an expanding ripple effect of social improvement.
John Barry, Chairman and CEO of Prospect, expresses pride in connecting investment actions to real-life impacts, contributing to a financial ecosystem where philanthropy and business coalesce for greater purposes.
About Prospect Capital Corporation
Prospect Capital Corporation operates as a business development company focusing on investing in private enterprises while generating current income and long-term capital appreciation. As a regulated entity under the Investment Company Act of 1940, it aims to bolster the growth of various sectors while remaining compliant with financial regulatory standards.
About Refuel Agency
Refuel Agency specializes in media and marketing services, connecting brands with military audiences through its Armed Forces Communications division. In over three decades, Refuel has collaborated with many Fortune 500 companies, enhancing its outreach to not only military personnel but also diverse multicultural audiences.
Frequently Asked Questions
What is the goal of the partnership between Prospect Capital and Refuel Agency?
The collaboration aims to provide critical resources and support to military veterans through nonprofit initiatives.
Which organizations are supported by this partnership?
The partnership supports Team Red, White & Blue and Avalon Action Alliance, both working to benefit veterans.
How does Refuel Agency contribute to veterans' welfare?
Refuel Agency connects brands with military audiences, enhancing support available to veterans and their families.
What is Prospect Capital's investment philosophy?
Prospect Capital prioritizes meaningful social impact alongside financial growth, focusing on beneficial investments.
What financial regulations does Prospect Capital follow?
Prospect is regulated under the Investment Company Act of 1940 and aims to comply with financial standards while investing.
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