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We are excited to announce that Mill Cities Community Investments (MCCI) in alliance with three partner organizations, EparaTodos Lawrence, TLE Center for Urban Entrepreneurship, and Family Services of the Merrimack Valley—was awarded a Community Empowerment and Reinvestment Grant from the Baker-Polito Administration’s Executive Office of Housing and Economic Development!
Catalyze Lawrence is focused on small business development in Lawrence and supports a wide range of business owners, including BIPOC, low-income, historically disadvantaged or underrepresented, and/or formerly incarcerated individuals, with business stages ranging from aspiring entrepreneurs to established businesses. Through this partnership, entrepreneurs in Lawrence seeking to start or sustain a business have access to the highest quality support, no matter their starting point.
For more information, please visit www.mccinvest.org/CatalyzeLawrence
Estamos emociados en anunciar que Mill Cities Community Investments (MCCI) en alianza con EparaTodos, TLE Center for Urban Entrepreneurship, y Family Services of the Merrimack Valley recibió una subvención llamada Community Empowerment and Reinvestment Grant de la Oficina Ejecutiva de Vivienda y Desarrollo Económico de la Administración de Baker-Polito (haga clic aquí para leer el comunicado de prensa).
Cataliza Lawrence se enfoca en el desarrollo de pequeñas empresas en Lawrence y apoya una gran variedad de dueños de negocio incluyendo: negros, indígenas, personas de color (BIPOC por sus siglas en ingles), personas de bajos ingresos, históricamente en desventaja y subrepresentados, y/o individuos previamente encarcelados que se encuentran en varias etapas del desarrollo de sus emprendimientos. A través de esta alianza, los emprendedores en Lawrence que estén buscando empezar o sostener un negocio tienen acceso al apoyo de la más alta calidad, sin importar en que etapa están.
Para obtener más información, visite www.mccinvest.org/CatalizaLawrence.
Nectar Community Investments, with the Boston Foundation and the Local Enterprise Assistance Fund, provided a $900,000 financing package for construction and launch of a Vicente’s Supermarket branch at 452 Mount Pleasant St. Vicente’s estimates the store has created about 30 construction jobs through 10 contractors, most owned by people of color. Read the Article
Fourth Vicente’s supermarket brings jobs, access to healthy food to South Coast community Nectar Community Investments, in partnership with The Boston Foundation and Local Enterprise Assistance Fund (LEAF), has provided a financing package for the new Vicente’s Supermarket in New Bedford, Mass. The New Bedford store, which opened today as the company’s fourth location, mirrors the approach of its Brockton and Pawtucket, R.I., markets: located in a low- to moderate-income community adjacent to a food desert and making healthy food accessible to historically underserved neighborhoods. “We’re proud to help provide this critical financing to Vicente’s Supermarket as the company expands into New Bedford,” said Nectar Community Investments Executive Director Glynn Lloyd. “Small businesses are the backbone of the Massachusetts economy, and Vicente’s exemplifies that definition: providing healthy food access, creating jobs and positively impacting the community. Thank you to our ecosystem partners at The Boston Foundation and LEAF as well for teaming up with us to make this financing possible.” “In Brockton and Pawtucket, Vicente’s markets are not only meeting a critical need for food — they are central hubs in their communities,” said Orlando Watkins, Vice President and Chief Program Officer at the Boston Foundation. “The Boston Foundation has a longstanding history …
Nectar’s Executive Director Glynn Lloyd spoke to The Bay State Banner about our organization’s innovative approach and a recent award from the CDFI Fund to help fuel our work. Learn more about patient capital, the Business Equity Initiative for Diverse Developers, environmental justice efforts and more in this story.
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