The Abell Foundation and the local Neighborhood Impact Investment Fund will contribute $5 million toward a new program to assist startups in needy Baltimore communities. The investments will be part of a $25 million “Arctaris Baltimore” fund launched this week by Cambridge, Massachusetts-based Arctaris, an impact investment group. The Arctaris fund will make loans between $1 million and $5 million to small and mid-sized businesses to boost their growth potential. As loans are repaid, additional…
from https://www.bizjournals.com/baltimore/news/2020/01/31/abell-foundation-to-invest-4m-in-local-small.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190574535872
Happy Friday! The collective focus of football fans turns to Miami Sunday for the 54th Super Bowl. Whether you’re rooting for the San Francisco 49ers or the Kansas City Chiefs (or maybe you don’t really care now that the Ravens are out of the running), Baltimore bars and restaurants have a bunch of specials lined up for game day. If you don’t feel like mixing your own drinks or making your own crab dip, I’ve pulled together details on some watch parties and other deals below. I’ve also…
Baltimore County lawmakers praised a proposed plan to rebuild the Pimlico Race Course and Laurel Park tracks during a briefing Friday but raised questions about funding and the impact on future improvements at the Maryland State Fairgrounds The joint briefing of the Baltimore City and county House delegations provided an early glimpse into a debate that will dominate Annapolis in the coming weeks of the General Assembly’s legislative session. The Democratic leadership of the House and Senate are…
Two more cannabis dispensaries have earned their final licenses to operate this month. More than 10 others have until March 1 to open up shop.
The acquisition allows the Columbia firm to add valuation opinions to its roster of services.
Come this spring, Baltimore’s seafaring tourists and partiers can board a brand new Spirit of Baltimore to sail the Inner Harbor. Chad Barth, general manager of Spirit Cruises, said Friday that the company is in the process of renovating a 192-foot ship it acquired to replace the current 145-foot Spirit of Baltimore. The vessel isn’t exactly brand new, having previously traversed the Potomac River in Washington, D.C., but it’s currently undergoing a multimillion-dollar, “top to bottom” transformation…
Space Force, the new branch of the military implemented by the administration of President Donald Trump, is now hiring. Dozens of job listings for everything from human resources specialists to research analysts in the new agency are now up on USAJobs.gov, as well as cross-posted on LinkedIn. Many of the jobs are high-paying, GS-12 level positions ad above, Federal News Network points out. They’re also largely restricted to those already in the federal system, namely existing or former federal…
Procter & Gamble plans to close a large majority of the company’s 83 retail stores operated by one of its brands.
Small-cap and mid-cap stocks were the driving force behind the gains for many of the mutual funds.