New name, same purpose:

Mill Cities Community Investments + Foundation for Business Equity have become Nectar Community Investments.

Vicente’s Supermarket launches New Bedford store with CDFI backing

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.