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Governor Mills: âItâs all about the kids! Child care is critical for our children & our economyâ
May 25, 2021
Governor Mills promotes Maine Jobs & Recovery Planâs investment to expand child care capacity, a key complement to the Administrationâs work to make child care more widely available for working Maine families
During a visit to Penobscot Bay YMCA in Rockport today, Governor Janet Mills highlighted the importance of the Maine Jobs & Recovery Planâs investment in accessible, affordable, and high-quality child care and early childhood education opportunities in Maine.
Cambridge Savings Bank Invests $500K in Socially Responsible Fund bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.
Cambridge Savings Bank, a Massachusetts bank with $5 billion in assets, said Wednesday it invested $500,000 in a socially responsible venture capital fund managed by CEI Ventures.
The investment in Coastal Ventures V LP will provide capital to help business owners in underserved communities deal with workforce challenges. The Cambridge, Mass.-based bank cited efforts by the fund to create good jobs with basic benefits; support environmentally sustainable enterprises; and provide capital to companies and regions that have challenges accessing equity.
“These jobs offer a better living wage and benefits to improve the lives of the employees and their families. Providing capital to underserved business owners is another way to invest in and strengthen the communities we serve,” said Mike Kuhn, Cambridge Savings’ senior corporate banking team leader.
Portland-based Forager raises $4M to expand tech-enabled local food sales channels mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
Forager, a Portland, ME – based company focused on connecting local farmers with grocers to bring consumers healthy, locally sourced food, raised $4M in funding.
The round was led by a number of private investors including Duncan Saville of ICM Limited, an international fund managing more than $2BN in funds, and Coastal Enterprises Inc. (CEI), a social impact fund focused on environmentally sustainable enterprises, among others.
The company intends to use the funds to further develop sales channels, build out key product features and upgrades that address both the grocer and farmer needs.
Led by David Douglas Stone, Founder and Executive Chairman, Forager provides an online and mobile platform that digitizes and streamlines local food procurement-to-payment process, saving time and costs for grocers, co-ops, farmers, producers, and other buyers and sellers of local food. The company also has a proprietary system that finds and vets new suppliers.