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American Student Assistance To Invest $125M in Alternative Career Paths thenonprofittimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenonprofittimes.com Daily Mail and Mail on Sunday newspapers.
MassMutual Launches $50 Million Commitment That Includes Investment To Assist Black Businesses (iStock.com/Cecilie Arcurs) A major player in the life insurance business, MassMutual has launched a $50 million pledge to help spark job creation and business growth for diverse entrepreneurs. The fund will be evenly split between two sleeves of capital: One is “MMCF Growth,” a $25 million community growth sleeve to target equity and debt investments in Black-owned, founded, or managed businesses in Massachusetts, including in Boston. Another is “MMCF Tech,” a $25 million technology sleeve to target equity investments in Massachusetts tech firms based outside of Boston. The MMCF will compile a portfolio of early and mid-stage firms with investments of $250,000 to $2.5 million each. And officials report investment decisions will consider strong leadership teams and place emphasis on racial diversity for those in the growth sleeve to boost access to capital for the ....
Business Briefs: March 5, 2021 CARPENTER Businesses can apply for PPP loans through March 9 GREENFIELD The Franklin County Community Development Corporation (CDC) encourages all small businesses to apply quickly to the Small Business Administration’s (SBA’s) Paycheck Protection Program. According to a notice from Amy Shapiro, business development director with the Franklin County CDC, the SBA is trying to reach out to small business owners with fewer than 20 employees, as well as self-employed business owners. The notice advises that business owners who were previously ineligible due to low net income may now be eligible under the program’s new guidelines. The new form (PPP Form 2583C) can be submitted through your bank before 5 p.m. on March 9. ....
MassMutual will invest $25M in Black-owned businesses masslive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from masslive.com Daily Mail and Mail on Sunday newspapers.