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Alternative Business Loan Fund Recieves Department of Treasury Grant

first_imgCommunity Capital is one of 41 organizations nationwide to recieve a Technical Assistance Award from the U.S. Department of Treasury’s CDFI Fund. CDFIs – Community Development Financial institutions – are specialized organizations that respond to financial gaps in their local markets.Totaling $50,000, this grant will be used by Community Capital over the next two years to fund a variety of activities that will improve Community Capital’s ability to offer flexible and affordable financing and technical assistance to new and growing businesses that do not yet have access to traditional bank financing.Specific activities include: a tri-county market assessment for Orange, Lamoille, and Washington counties to identify unmet demand for alternative commercial financing, an internal organizational assessment conducted by CDFI industry leaders, board and staff training, strategic planning, and technology upgrades.Founded in 1995 as the Central Vermont Revolving Loan Fund, Community Capital has lent over $1.5 million in flexible and affordable loans to 58 micro and small businesses that are not yet able to qualify for a traditional bank loan. Almost half of those businesses have in turn benefited from over 1,000 hours of specialized post-loan business counseling, a unique program available only to borrowers of Community Capital.Other funding for Community Capital comes from the U.S. Department of Agriculture, the Vermont Community Development Program, and a variety of local bank and other private donations. For more information, contact Emily Kaminsky at 802-479-1053, ext. 263. Or, visit our website at www.cvcapital.org(link is external). Community Capital is a partner of Central Vermont Community Action Council.last_img read more

Allen Hinkle named Vermont Blue Cross’ chief medical director

first_img(End) Allen J Hinkle, MD, who has developed acclaimed medical quality and cost management programs for several of the region’s largest and most respected health plans, has joined Blue Cross and Blue Shield of Vermont as it Chief Medical Director. Dr. Hinkle has responsibility for the Plan’s Medical Services Division, and will lead its overall medical cost management programs.“Allen is recognized across the industry as an innovator in helping health plans and employer groups manage their medical costs and improve the overall quality of health care,” said Don George, BCBSVT’s President and Chief Executive Officer. “We are delighted that he has agreed to bring his experience and his leadership skills to Blue Cross and Blue Shield of Vermont.”Dr. Hinkle, who is a board certified pediatric anesthesiologist, most recently served as senior vice president and chief medical officer at Tufts Health Plan, a Massachusetts-based managed care company. He redesigned Tufts’ medical management strategies, achieved significant medical cost reductions and led major improvements in the quality performance of the plan.Prior to joining Tufts in 2004, he served as vice president of health care quality and innovation for Blue Cross and Blue Shield of Massachusetts (2001-2004), and as chief medical officer and senior vice president at Blue Cross and Blue Shield of New Hampshire (1995-2000). Using clinical data to identify and address practice pattern variations and working with providers to implement “best practices” processes, he achieved significant cost reductions and quality improvements at each plan.“As a small, locally based health plan, Blue Cross and Blue Shield of Vermont has the opportunity to build on the well integrated medical cost management programs that it has in place and work closely with the state’s health care providers to achieve even better results for its customers and members,” Dr. Hinkle said.“It also is engaged in a pioneering partnership with Vermont state government to expand the BluePrint for Health program and improve the way health care is delivered to people with chronic conditions. This is an exciting time for the state and for Blue Cross and Blue Shield of Vermont, and I’m thrilled to be part of the team here.”Blue Cross and Blue Shield of Vermont is the state’s oldest and largest health insurer, providing coverage for about 160,000 Vermonters. It employs over 350 Vermonters at its headquarters in Berlin and branch office in Williston, and offers group and individual health plans. More information about Blue Cross and Blue Shield of Vermont is available on the Internet at www.bcbsvt.com(link is external). Blue Cross and Blue Shield of Vermont is an independent corporation operating under a license with the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.Source: BCBSVT. 5.6.2010last_img read more

Ride Today, Ski Tomorrow

first_imgI spent a year living in Southern California learning how to surf. During the colder winter months, I had the dream of pulling a double—skiing in the morning and surfing in the afternoon. It is, quite possibly, the perfect day, made even more perfect because the two adventures are diametrically opposed; There aren’t many places where you can shred powder and waves within a couple of hours drive of each other. It eluded me while I lived in SoCal because, you know, work, but since living in the Southern Appalachians, I’ve gotten to enjoy a different kind of double—ski in the morning, mountain bike in the afternoon. Logistically, this is much easier to do in here because our skiing is isolated (and largely manmade) and there’s killer mountain biking everywhere. Still, it’s a hell-of-a day that leaves your legs wrecked and your soul recharged.I’ve knocked out a handful of doubles over the last several years, but so far, this year, it’s eluded me. Again, work. But I’ve found the next best thing: ride today, ski tomorrow. It was 50 degrees and sunny earlier this week in Asheville. My local trails were dry and I carved out an extra hour during lunch so I could put in a quick, 10-mile ride on sinuous singletrack. The next day was brutally cold at my local ski hill for Whiskey Wednesday. The snow guns were blowing as we hit the slopes in record numbers for a post-work ski session under the lights. It’s surreal to go from perfect biking conditions one day to arctic skiing the next. It’s almost as odd as bagging both adventures in the same day. You shouldn’t be able to do this—riding singletrack one day, skiing the next. Life shouldn’t be this good. And yet…ski tomorrow 2 (1) (1)Of course, beer made it all the better. After the bike ride, I went with something sessionable—Oskar Blues Pinner at my favorite neighborhood lunch spot. I still had work to do, after all. But I was worked after three hours of skiing blissfully sketchy terrain. The only thing to do in that situation is begin rehydrating with a series of  IPAs. I chose Highland Brewing Company’s newest beer, simply called, Highland IPA, which is by far the best single IPA they’ve ever produced. It falls in line with the modern West Coast mentality of being fruity and citrus forward thanks to a trifecta of hops from the Pacific Northwest (Chinook, Citra and Centennial).There are no scientific studies to prove the regenerative properties of a good IPA, but after a few of Highland’s finest, I could feel the energy and power moving back into my legs and I began to wonder if I could carve out enough time tomorrow for another mountain bike ride. Ride today, ski tomorrow, ride the next. Life shouldn’t be this good.last_img read more

Couple Dealt Heroin With Tot in Car, Cops Say

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Brooklyn couple has been accused of selling heroin to with their 1-year-old daughter in the car in Jericho on Monday evening.Police said Malbin Cuevas, 31, and Angelica Ferreira, 22, sold heroin to an undercover Narcotics/Vice Squad detective in a parking lot on North Broadway at 5:30 p.m. They also allegedly sold the same detective heroin July 20.Cuevas and Ferreira were arrested charged with criminal sale of a controlled substance, criminal possession of a controlled substance and endangering the welfare of a child.They will be arraigned Tuesday at First District Court in Hempstead.The child was released at the scene to a family member.last_img read more

Four locations named in Tioga County public health statement

first_imgNov. 13 from 3:30pm – 3:45pm Target in Vestal Nov. 13 from 2:30pm – 3:15pm Tops in Owego Owego Kitchen The health department says anyone who becomes symptomatic is encouraged to contact their doctor and the health department. Visions Federal Credit Union in Owego If you were at the following locations, the department asks you quarantine for 14-days from the date you were exposed to the virus. Nov. 13 from 11:45am – 12:00pm TIOGA COUNTY (WBNG) — The Tioga County Health Department released a public health statement Saturday regarding four locations where people visited that later tested positive for COVID-19. Nov. 13 from 12:00pm – 2:00pmlast_img read more

This near 100-year-old Wynnum West home exceeded expectation at auction

first_img77 Regent Street, Wynnum WestA WYNNUM West property with half an acre of land has sold for the first time in almost 100 years.The home at 77 Regent St sold for $1.4 million under the hammer on February 17.The seller was born at the property in the original homestead 93 years ago. He built the existing home on the land, which had been in his family for 97 years.Ray White Manly sales associate John Ford said both he and the family had underestimated the level of demand for the home.“(The sale price) was a lot higher than anyone anticipated,” he said.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 202077 Regent Street, Wynnum WestMr Ford said up to 80 people attended the auction, 28 of which were registered bidders. The bidding started at just over $1 million before a young couple bought the property.“The size of the land was probably the most attractive feature, but the solidly built house was really attractive to people that wanted to move into it,” he said.Mr Ford said that it was a unique property as there were not many available like this left in the area. “I’ve not seen any block this size with this sort of shape,” he said.When big blocks hit the market, Mr Ford said they sold quickly.last_img read more

Lawmakers criticise ‘unsustainable’ costs at Sweden’s AP funds

first_imgManagement costs at Sweden’s AP funds have come in for heavy criticism after the country’s parliament argued a nearly 10% year-on-year increase in fees was unsustainable.A report by the Riksdag’s finance committee said it had been “highly critical” of costs across Sweden’s buffer fund system for a number of years, and that costs had reached SEK1.8bn (€196m) in 2015, an increase of SEK149m compared with the previous year. The criticism came after the Swedish Social Insurance Inspectorate earlier this year criticised the funds for their lack of fee transparency, a charge the four main buffer funds strongly rejected, arguing they were both transparent and cost-efficient.The parliamentary report noted that, once performance-related fees were included, the overall cost of managing the SEK1.2trn in assets across the AP fund system stood at SEK2.2bn last year. Parliamentarians said that, while a recent change to the way performance-related fees for unlisted assets are captured had seen a downward revision of overall costs, it argued cost transparency was still lacking.They called for further revision of the way costs are recorded in time for next year’s annual statements in an effort to improve transparency.Comparing costs across the funds, the report notes that AP2 has the highest overall management costs of 0.18%, which includes performance-related costs, compared with just 0.11% at AP4, amounting to an overall difference of SEK200m.Costs increased by nearly 10% over the last four years, the report adds, an increase it deems unsustainable.Lawmakers urged the AP funds to reduce costs by collaborating with each other, boost returns and strengthen confidence in the buffer fund system.The Swedish government last year abandoned plans to reform the buffer fund system after a backlash from the funds, employer groups and others who argued that the changes risked “political micromanagement” of AP fund assets.The funds themselves argued that the estimated SEK50m in savings identified as part of the reform, which would have seen the closure of one of the buffer funds and the merger of private equity vehicle AP6 into AP2, would have been far outstripped by the costs associated with transitioning to the new arrangement.Read IPE’s recent interview with Tomas Franzén, chief investment strategist at AP2last_img read more

Ireland joins Stoke injury list

first_img “When you face your former club you want to show everyone there is life still in you and you are doing well at other places. “I was certainly like that as a player, and Stephen will be no different. “It’s disappointing he’s out, but he will be back in a couple of weeks. It’s nothing too serious.” Hughes, meanwhile, has confirmed he is closing in on signing a new contract with the Potters. “We’ve had further discussions and got down to the detail of it,” said Hughes. “They’re ongoing, with a willingness on both sides to get something done sooner rather than later, certainly from (my) point of view. “So yes, there’s progress and it’s going well.” Stoke boss Mark Hughes faces Barclays Premier League champions Manchester City without another star name he has hailed as “a game changer”. Marko Arnautovic, who missed the clash with the Magpies, is also a doubt with an ankle injury. Hughes, though, knows former Manchester City star Ireland’s loss will be felt as he said: “It’s a blow for him as well as the team. “He’d come in and made an impact, which tempered the loss of Bojan because there was a bit of doom and gloom obviously. “Unfortunately injuries have been the story of his season because he was our best performer in pre-season and he looked like he was going to start very strong. “He was playing well, but unfortunately went out through injury, and then he came back in, did okay, but was then out again. “It’s a shame for him because he has that vision and creativity you need at Premier League level. “You need game-changers and players who will make a difference and Stephen is one of those.” Hughes knows Ireland will be particularly disappointed not to take on City on Wednesday, adding: “You always want to do well against your former club, whatever level you’re at. Hughes’ injury woes are mounting as midfielder Stephen Ireland faces around a fortnight on the sidelines with a hamstring problem that forced him off late in Sunday’s 1-1 draw at Newcastle. Ireland is joined on the sidelines by Marc Wilson (groin), another casualty from the trip to St James’ Park, along with captain Ryan Shawcross (back), Erik Pieters (hernia), and long-term duo Bojan Krkic and Peter Odemwingie (both knee). Press Associationlast_img read more

Bermuda on track to host CARIFTA Games despite coronavirus threat

first_imgHAMILTON, Bermuda (CMC) – President of the Bermuda National Athletics Association (BNAA) Donna Raynor says next month’s CARIFTA Games, set to attract more than 600 athletes from 27 Caribbean countries, should not be affected by the Coronavirus (COVID-19) that is spreading across the globe.The virus has reached non-English-speaking Caribbean countries, with a few cases in the Dominican Republic, Martinique, Saint Martin and Saint Barthélemy.The 2020 Summer Olympics in Tokyo, Japan, scheduled for July 24 to August 9, is under threat due to the spread of COVID-19 globally.But as Bermuda prepares to host the 49th CARIFTA Games – the fifth time the island will be the location for the event – Raynor said she did not expect the COVID-19 situation would disrupt the staging.“As of now, all systems are set for CARIFTA, the countries are having their final trials … and we’re all moving ahead as if it is going to take place,” she told the Royal Gazette newspaper.Raynor added that the matter was addressed at a recent meeting of the local organising committee (LOC).“Fortunately for us, most of the athletes are coming in from the Caribbean and flying in on charters, not flying through the United States …. We’re just really keeping our fingers crossed that we can get through the next couple of weeks and that CARIFTA is on,” Raynor said, adding that she was hoping none of the countries would pull out of the April 10-13 games.“I just want to have the event; we’ve put a lot of work into it and are ready to go. Hopefully we can get CARIFTA off the ground.”The BNAA will this weekend host a two-day trial meet at the National Sports Centre which is the venue for the CARIFTA Games. It will be the final opportunity for local athletes to reach qualifying standards ahead of the March 16 deadline.The Games, held under the auspices of the International Association of Athletics Federations (IAAF) and the North American, Central American and Caribbean Athletic Association (NACAC), features 150 separate events.Meantime, the International Triathlon Union has confirmed that the April 18-19 MS Amlin World Triathlon Bermuda will go ahead as planned.The Bermuda event is the next on the seven-series circuit that will culminate in the World Championships and Grand Finals in Edmonton, Canada in August.last_img read more

Conte Wants Perfection Barca

first_imgUEFA CHAMPIONS LEAGUEIt’s nearly 16 months since FC Barcelona last faced English opposition in the UEFA Champions League match and a lot has changed at the Spanish giants since their emphatic 3-1 defeat at Manchester City in November 2016.Tonight, when Stamford Bridge hugs the limelight in one of the two matches today, Antonio Conte strongly believes that Chelsea must play the “perfect game” to beat a formidable Barcelona in the crucial in first leg of last-16 tie. The Premier League champions have recovered from a poor run of form, winning consecutive matches over West Bromwich Albion in the league and Hull City in the FA Cup, but Conte is not getting carried away.“On one hand you know this team is one of the best in the world – maybe they are favourites to win this competition,” Conte told British media last night.“On the other hand we must be excited because we have a great opportunity to play a massive game against a really strong team and to show which is our level.“.We have to try to have the perfect game, the perfect game to try to make the best decisions. For this type of team… they have fantastic characteristics with the ball. But they can have weaknesses without the ball and we have to try and exploit this.”Barcelona’s star forward Lionel Messi has never scored in eight matches against Chelsea and Conte is eager for his team to maintain that record.Chelsea last defeated the Spanish side in 2012 as the London outfit marched to their first Champions League title, and midfielder Cesc Fabregas, who moved to Stamford Bridge from Barcelona in 2014, is confident that Conte’s side can repeat the feat.“They try to put the first pressure very, very high – (they) always work towards the ball,” Fabregas said.“If we can (get) past this first phase of their pressure, then we have the content to do that, and not put ourselves under too much pressure, then I think we can hurt them because they will leave a lot of spaces at the back.“Hopefully we can give a good image of what we can do and do a good performance.”Chelsea next travel to second-placed Manchester United in the league on Sunday.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more