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Cambridge Savings Bank Invests $500K in Socially Responsible Fund
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Cambridge Savings invests in fund to support small businesses
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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.
School Information
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School Information
Public schools
Medford Technical High School accepting applications: Interested eighth-grade students are encouraged to apply to Medford Technical High School online. Students will need two forms the online Application for Admission and a Guidance Counselor Recommendation form. Both forms can be found at http://medfordpublicschools.org and http://mpsadvantage.education. NOTE: Everett students are now being accepted.
Medford Special Education Parent Advisory: The Medford Special Education Parent Advisory is a volunteer-based group of parent advocates helping families of children with special needs in the community and informing the school district on issues pertaining to special education. All families are welcome to learn about sharing resources, understanding the basics of special education law and civil rights and to enjoy the benefits of coming together as a community. The group meets from 7 to 9 p.m. the second Wednesday of the month at the Andrews Middle