Community Capital of Central Vermont is one of 41 organizations nationwide to receive a Technical Assistance Award from the U.S. Department of Treasurys 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 over the next two years to improve Community Capitals 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 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 $1.4 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 these 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, please contact Emily Kaminsky at 479-1053, ext. 263. Or, visit our website at www.cvcapital.org(link is external). Community Capital is a partner of the Central Vermont Community Action Council.
ST JOHN’S – Cricket West Indies revealed last Thursday the schedule of matches for the Regional Super50 Festival which opens on January 30 and will be contested in Barbados and Antigua.The six CWI franchises and Combined Campuses & Colleges Marooners will be joined by English county sides Hampshire and Kent, as well as ICC Associate side, United States, for the #RS50 which concludes with the Grand Final on February 24 under the lights at the Coolidge Cricket Ground in Antigua.The ten teams have been divided into two groups with reigning champions Barbados Pride, along with Trinidad & Tobago Red Force, Marooners, Windward Islands Volcanoes and Hampshire forming Group “A” to be contest in Barbados, and last season’s runners-up Jamaica Scorpions together with Leeward Islands Hurricanes, Guyana Jaguars, United States and Kent in Group “B” to be played in Antigua.Each team will play against every other team in their group twice with the top two qualifying for the semi-finals, also to be staged under the lights at the CCG.Two matches will be played every other day at match venues in the two host territories: In Barbados, Three W’s Oval and Windward Cricket Ground will stage all the daytime matches and Kensington Oval will host all day/night matches; and in Antigua, the Vivian Richards Cricket Ground will stage all the daytime matches and the CCG all day/night matches.SCHEDULE OF MATCHESGROUP “A”(IN BARBADOS)Barbados Pride, Trinidad & Tobago Red Force, Combined Campuses & Colleges Marooners,Windward Islands Volcanoes, Hampshire• Matches starting at 9 amMatch Day 1 Tuesday, January 30 Volcanoes vs Marooners Three Ws OvalMatch Day 2 Thursday, February 1 Pride vs Hampshire Three Ws OvalMatch Day 3 Saturday, February 3 Red Force vs Hampshire WindwardMatch Day 4 Monday, February 5 Red Force vs Volcanoes Three Ws OvalMatch Day 5 Wed, February 7 Pride vs Marooners WindwardMatch Day 6 Friday, February 9 Red Force vs Hampshire Three Ws OvalMatch Day 7 Sunday, February 11 Volcanoes vs Marooners Three Ws OvalMatch Day 8 Tuesday, February 13 Pride vs Hampshire WindwardMatch Day 9 Thursday, February 15 Red Force vs Volcanoes WindwardMatch Day 10 Saturday, February 17 Hampshire vs Volcanoes Three Ws Oval• Matches starting at 2 pmMatch Day 1 Tuesday, January 30 Pride vs Red Force Kensington OvalMatch Day 2 Thursday, February 1 Marooners vs Red Force Kensington OvalMatch Day 3 Saturday, February 3 Pride vs Volcanoes Kensington OvalMatch Day 4 Monday, February 5 Marooners vs Hampshire Kensington OvalMatch Day 5 Wed, February 7 Hampshire vs Volcanoes Kensington OvalMatch Day 6 Friday, February 9 Pride vs Volcanoes Kensington OvalMatch Day 7 Sunday, February 11 Pride vs Red Force Kensington OvalMatch Day 8 Tuesday, February 13 Marooners vs Red Force Kensington OvalMatch Day 9 Thursday, February 15 Marooners vs Hampshire Kensington OvalMatch Day 10 Saturday, February 17 Pride vs Marooners Kensington OvalGROUP “B”(IN ANTIGUA)Jamaica Scorpions, Leeward Islands Hurricanes, Guyana Jaguars, United States, Kent• Matches starting at 9 amMatch Day 1 Wed, January 31 Jaguars vs Kent VRCGMatch Day 2 Friday, February 2 United States vs Jaguars VRCGMatch Day 3 Sunday, February 4 Kent vs Scorpions VRCGMatch Day 4 Tuesday, February 6 Hurricanes vs Kent VRCGMatch Day 5 Thursday, February 8 Kent vs United States VRCGMatch Day 6 Saturday, February 10 Hurricanes vs United States VRCGMatch Day 7 Monday, February 12 United States vs Jaguars VRCGMatch Day 8 Wed, February 14 Scorpions vs Kent VRCGMatch Day 9 Friday, February 16 Kent vs United States VRCGMatch Day 10 Sunday, February 18 Scorpions vs United States VRCG• Matches starting at 2 pmMatch Day 1 Wed, January 31 Hurricanes vs United States CoolidgeMatch Day 2 Friday, February 2 Hurricanes vs Scorpions CoolidgeMatch Day 3 Sunday, February 4 Hurricanes vs Jaguars CoolidgeMatch Day 4 Tuesday, February 6 Scorpions vs United States CoolidgeMatch Day 5 Thursday, February 8 Scorpions vs Jaguars CoolidgeMatch Day 6 Saturday, February 10 Jaguars vs Kent CoolidgeMatch Day 7 Monday, February 12 Hurricanes vs Scorpions CoolidgeMatch Day 8 Wed, February 14 Hurricanes vs Jaguars CoolidgeMatch Day 9 Friday, February 16 Scorpions vs Jaguars CoolidgeMatch Day 10 Sunday, February 18 Hurricanes vs Kent CoolidgeSemi-final 1 Wed, February 21 Winner Zone “A” vs Runner-up Zone “B” CoolidgeSemi-final 2 Thursday, February 22 Winner Zone “B” vs Runner-up Zone “A” CoolidgeGrand Final Saturday, February 24 Winner Semifinal 1 vs Winner Semifinal 2 CoolidgeGrand Final Sunday, February 25 (Reserve Day) Coolidge read more
Ladbrokes Coral Chief Executive Jim Mullen has emphasised that cutting the stakes of fixed odds betting terminals (FOBTs) will not only have negative economic implications, but will also “fail to adequately address any issue of problem gambling”.Mullen was responding to a report in the Sunday Times, which claimed newly appointed culture secretary Matt Hancock is in favour of delivering a ‘worst case scenario’ for bookmakers, by cutting the maximum stakes on FOBTs to £2.With the Government’s 12-week consultation period on the brink of concluding, the Sunday Times reported that Hancock, whose appointment had previously been perceived as a positive one for the gambling industry, described FOBTs as “social blight”. The consultation period came after the Government’s triennial review and was focused not only FOBT stakes, but also on the current level of advertising allowed in the industryHowever, in a statement issued after the Times Story had circulated, Mullen commented: “The triennial review has been running for over 15 months and throughout that time there has been constant rumour and speculation about potential outcomes, of which this is yet more. It should be noted that the current call for evidence is yet to conclude and industry responses have not yet been submitted to Government.“We are very clear that stake cuts will fail to adequately address any issue of problem gambling. The industry has also always made it clear that a cut to stakes will have serious consequences – resulting in shop closures which will ultimately affect jobs, tax revenue and the funding of racing. There is also no evidence that machine customers will switch their spend to sports betting such as horse racing, and our experience is that they won’t. Any policy made on this assumption would result in a significant reduction in the level of funding for horse racing.“We will continue to make the case for a sensible measured, evidence led and proportionate response to the public concern regarding these issues and this will be the basis of the evidence submitted as part of the ongoing review.”The notion that cutting stakes on FOBTs will lead to widespread shop closures, is one that has been continually echoed by the Association of British Bookmakers (ABB). A spokesperson for the trade association stated: “The focus of any final decision should be to adopt measures that will help problem gamblers. A £2 stake is effectively a ban on FOBTs, would put 21,000 people out of jobs and have huge consequences for sports such as horse and greyhound racing. Betting shops are investing significant sums of money in new technology to help identify those at risk and ensure they get the help that they need.”Last September, a Barclays analyst forecast that should the stakes get cut to £2 on the terminals, Ladbrokes Coral, which has the largest retail portfolio in the UK, would lose around £437m in annual revenue, whereas for William Hill the figure would be £288m and Paddy Power Betfair £60m. Shares of Ladbrokes Coral that had previously jumped amid talk of a £4bn GVC takeover, took a hit in the aftermath of the reports, decreasing 12 per cent at 159.7p a share. FSB selects Glenn Elliott as new COO August 12, 2020 GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 Share SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Share Submit Related Articles StumbleUpon read more