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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

Robin van Persie names Man Utd, Arsenal and Ajax as the teams to beat in the Europa League

first_img Comment Advertisement Robin van Persie has picked out the most likely teams for Europa League success (Picture: Getty Images)Robin van Persie has avoided controversy among his former clubs by naming Manchester United and Arsenal as favourites to win the Europa League this season.The Red Devils and the Gunners resume their Europa League campaigns on Thursday night with the first legs of their last 32 ties.United only have a short trip to Belgium to take on Club Brugge, while Arsenal are in Greece to face Olympiakos.Both sides have struggled badly for consistency this season, with Ole Gunnar Solskjaer’s side seventh in the Premier League while Mikel Arteta’s men are four points behind in 10th.ADVERTISEMENTHowever, Van Persie has still backed two of his former sides as favourites to lift the trophy in May, while the Dutchman also views Ajax as likely challengers for the title.AdvertisementAdvertisement‘Arsenal and Manchester [United] are certainly favourites to win the competition,’ the 36-year-old told Omnisport.‘Ajax were knocked out of the Champions League in a hard way, which is also part of football, unfortunately.‘They also have a chance to win the Europa League, they have a very good squad.’The bookmakers do not necessarily agree with the former prolific striker, with Inter Milan and Sevilla available at shorter prices to win the Europa League than Manchester United, Arsenal or Ajax.Inter take on Ludogorets Razgrad in the last 32, while Sevilla take on CFR Cluj and Ajax meet Getafe.Scottish sides Celtic and Rangers are both still involved in the competition, but are significant outsiders for success, with the Bhoys up against FC Copenhagen next and the Gers playing Braga.Rangers boss Steven Gerrard accepts the mammoth task ahead of his side against Braga, but feels his side have what it takes to cause an upset.‘We know we are playing the best team in Portugal right now, the form team,’ he said. ‘This is a team that has just beaten Porto in a cup final, just beaten Benfica away and also beaten Sporting Lisbon of late.‘They are the form team and one we have a lot of respect for. But having watched them and analysed them, there are areas of their game where we believe we can go and hurt them.’MORE: Mikel Arteta calls on Arsenal players to show courage in Europa League clash with OlympiakosMORE: Graeme Souness hits out at Manchester United over failed Erling Haaland transfer – and mocks striker’s father Metro Sport ReporterThursday 20 Feb 2020 10:21 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link7.8kSharescenter_img Robin van Persie names Man Utd, Arsenal and Ajax as the teams to beat in the Europa League Advertisementlast_img read more

Hall of Fame for Nenagh Eire Og Manager Whelahan

first_imgNenagh Eire Og’s new Manager is being recognised for his outstanding contribution to Hurling.Brian Whelahan is being inducted into the Leinster GAA Hall of Fame.He took over the reins at Eire Og in May replacing interim manager and Michael Cleary. In his intercounty playing career as a wing-back he won three Leinster titles, two All-Irelands, four All-Star awards and picked up the Hurler of the Year award twice.Whelahan also won four club All-Irelands with Birr.Even though he’s still active in the game and has just taken up his new managerial role in Nenagh – Leinster GAA’s Cian Murphy says there was no need to put off this decision…Whelahan will be the official guest of honour at O’Moore Park in Portlaoise this Sunday, as Offaly take on Galway in the provincial semi-final where he will be introduced to the crowd before throw-in.last_img read more