Community development

Texas Capital Foundation Announces Second Annual Honors Awards Grant Recipients

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火曜日, 5月 7, 2024

DALLAS, May 07, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the recipients of the Texas Capital Foundation’s second annual Honors Awards.

Key Points: 
  • DALLAS, May 07, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the recipients of the Texas Capital Foundation’s second annual Honors Awards.
  • The Honors Awards are a signature program of the Texas Capital Foundation, which Texas Capital launched in 2022 to fortify and elevate its commitment to Texas communities.
  • “The Texas Capital Foundation was established to expand and elevate Texas Capital’s philanthropic giving in the communities we serve across the state,” said Texas Capital President & CEO Rob C. Holmes.
  • Through the Honors Awards, the Texas Capital Foundation aims to fund small to mid-sized organizations that serve the greatest needs of communities.

CentralSquare Customers Recognized for Excellence in Public Safety, Government Operations, and Citizen Services

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水曜日, 5月 8, 2024

This year, CentralSquare launched two new categories to further recognize the extraordinary efforts of dispatchers and teams driving community engagement.

Key Points: 
  • This year, CentralSquare launched two new categories to further recognize the extraordinary efforts of dispatchers and teams driving community engagement.
  • The Citizen Experience Award focuses on the outstanding efforts of a municipality committed to utilizing citizen portals to engage their community.
  • “Citizen needs are constantly evolving, but our customers are always answering the call despite challenges with funding, infrastructure, workforce, cybersecurity, and more,” said Tim Boyle, Chief Customer Officer, CentralSquare.
  • The group has also endorsed CentralSquare, completed numerous online references, and hosted over twenty site visits for prospective CentralSquare customers in 2023.

New Giles County Trail Center at Mountain Lake Lodge, Gateway to Magnificent Southwest Virginia Outdoors, Opens to Visitors

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火曜日, 5月 7, 2024

PEMBROKE, Va., May 7, 2024 /PRNewswire/ -- A ribbon-cutting ceremony with stakeholders and regional partners will be held on May 10th to herald the grand opening of The Giles County Trail Center – the gateway to numerous attractions and outdoor experiences across the New River Valley and Southwest Virginia. The region's best in-class hub, located on the grounds of historic Mountain Lake Lodge and near the Appalachian Trail, will directly connect visitors, hikers and the community to Giles County and 20 miles of trails, natural beauty and cultural activities. In addition, a new four-mile loop trail to Bald Knob will make the highest point in the New River Valley readily accessible to hikers of all skill levels and allow public access to trails. 

Key Points: 
  • The nearly 3,000 square-foot Trail Center has been specially designed to help visitors plan their day and discover Giles County's many attractions and hundreds of miles of trails.
  • According to Giles County Administrator Chris McKlarney, the Trail Center is being dedicated in memory of local leader and Giles County native Mark Collins, an avid hiker and longtime advocate of the project.
  • "The Giles County Trail Center was designed to be a place where guests can be immersed in the outdoor adventure and amenities found throughout our region," said McKlarney.
  • "Giles County Trail Center is a centerpiece for the miles of gorgeous hiking trails, scenery and activity-filled days that adventure-lovers come here to enjoy," said Heidi Stone, president and CEO of Mountain Lake Lodge.

GeoPark Publishes Its 2023 SPEED/Sustainability Report

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金曜日, 5月 3, 2024

GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, today announced the publication of its 2023 SPEED/Sustainability Report.

Key Points: 
  • GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, today announced the publication of its 2023 SPEED/Sustainability Report.
  • The SPEED/Sustainability Report outlines the Company’s advancements in environmental, social and governance areas, highlighting the significant reduction in 2023 of the Company’s Greenhouse Gas (GHG) emissions intensity.
  • In the CEO letter presenting the Report, Andrés Ocampo, Chief Executive Officer of GeoPark, said: “GeoPark was built to be at the forefront of independent exploration and production companies in the region, with a focus on creating value and positively impacting all stakeholders.
  • Click here to access the 2023 SPEED/Sustainability Report.

U.S. Treasury Grants CDFI Certification to UPI Loan Fund

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水曜日, 5月 1, 2024

PHOENIX, May 1, 2024 /PRNewswire/ -- The UPI Loan Fund  (UPILF) is pleased to announce its 2024 recertification as a Community Development Financial Institution (CDFI). This U.S. Department of Treasury designation recognizes UPI as a private financial institution providing low-cost consumer and business loans to underserved communities.

Key Points: 
  • PHOENIX, May 1, 2024 /PRNewswire/ -- The UPI Loan Fund (UPILF) is pleased to announce its 2024 recertification as a Community Development Financial Institution (CDFI).
  • The UPI Loan Fund was incorporated in 2004 and modeled on the Jewish Free Loan Program , which began in the 1940s.
  • "Because UPI Loan Fund takes social impact and community development into consideration, borrowers outline how their loan will benefit their community and contribute to positive social change," said Charmeachealle Moore, founder of ProLiving Inc .
  • "Through our CDFI certification and ever-expanding partnerships, UPI is working to close the racial wealth gap by cultivating financial empowerment within our community."

Rev1 Ventures Launches $6MM Pre-Seed Fund Targeting Companies Underserved by Venture Capital

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水曜日, 5月 1, 2024

COLUMBUS, Ohio, May 1, 2024 /PRNewswire-PRWeb/ -- Today, Rev1 Ventures, the venture studio that helps entrepreneurs and corporations accelerate innovation, is launching the Future Value Fund II (FVFII), a $6MM pre-seed and seed-stage fund to support Central Ohio companies, focusing on the region's technology startups that are underserved by venture capital. Rev1 Ventures is committing $3MM to the fund, which will be matched by the Ohio Department of Development State Small Business Credit Initiative (SSBCI) Ohio Early Stage Focus Fund Program. Rev1 Ventures is able to support this fund's important mission by reinvesting returns generated through Rev1 Ventures' previous investments in successful founders over the past decade that built great companies that have exited. Many of these companies, such as Updox and MentorcliQ, continue to operate and thrive in Central Ohio.

Key Points: 
  • COLUMBUS, Ohio, May 1, 2024 /PRNewswire-PRWeb/ -- Today, Rev1 Ventures , the venture studio that helps entrepreneurs and corporations accelerate innovation, is launching the Future Value Fund II (FVFII), a $6MM pre-seed and seed-stage fund to support Central Ohio companies, focusing on the region's technology startups that are underserved by venture capital.
  • Rev1 Ventures is committing $3MM to the fund, which will be matched by the Ohio Department of Development State Small Business Credit Initiative (SSBCI) Ohio Early Stage Focus Fund Program.
  • Rev1 Ventures is able to support this fund's important mission by reinvesting returns generated through Rev1 Ventures' previous investments in successful founders over the past decade that built great companies that have exited.
  • Many of these companies, such as Updox and MentorcliQ, continue to operate and thrive in Central Ohio.

Latinas & Power Corp. Celebrates Successful Launch and Expansion of Latinas in Leadership Institute

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月曜日, 4月 29, 2024

HARTFORD, Conn., April 29, 2024 /PRNewswire/ -- Latinas & Power Corp. announced the successful launch and expansion of the Latinas in Leadership Institute (LiLi), a groundbreaking virtual program designed to empower Latina professionals and entrepreneurs in Connecticut, Massachusetts and beyond. With generous financial support from private, government, and foundation sectors, Latinas & Power Corp. has been able to secure the necessary funding to establish and grow this transformative initiative. "This investment will build capacity for a meaningful development opportunity for Latina leaders around New England," said Braeden Mayrisch, VP, Equity and Impact at Voya Financial and VP, Voya Foundation, "The Latinas in Leadership Institute provides our participants with an opportunity to invest in skill-building for themselves and their employers, while finding meaningful ways to give back to the Hartford Region."

Key Points: 
  • HARTFORD, Conn., April 29, 2024 /PRNewswire/ -- Latinas & Power Corp. announced the successful launch and expansion of the Latinas in Leadership Institute (LiLi), a groundbreaking virtual program designed to empower Latina professionals and entrepreneurs in Connecticut, Massachusetts and beyond.
  • Marilyn Alverio, Executive Director of the Institute and CEO of Latinas & Power Corp., stated "The impact has been tremendous."
  • Investing in expanding programs, reaching more beneficiaries, and launching new initiatives is crucial for the long-term sustainability of Latinas & Power Corp.
  • For more information about the Latinas in Leadership Institute and how to get involved, please visit Latinas in Leadership Institute or contact the program manager: [email protected]

Excite Credit Union Opens Headquarters and New Branch in South San Jose

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火曜日, 4月 16, 2024

SAN JOSE, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Excite Credit Union proudly announced the official ribbon-cutting for its newest branch on Bernal Road, San Jose, will take place April 26.

Key Points: 
  • SAN JOSE, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Excite Credit Union proudly announced the official ribbon-cutting for its newest branch on Bernal Road, San Jose, will take place April 26.
  • President and CEO of the California and Nevada Credit Union Leagues, Diana Dykstra, will share remarks on the credit union difference and the impact Excite CU imparts on the local community.
  • It is the fourth Excite CU branch in San Jose, located in the same building as their California headquarters.
  • Unique across the Bay Area, Excite is a Community Development Financial Institution (CDFI), Low Income Credit Union (LICU), and Juntos Avanzamos-designated.

Alaska Power & Telephone Welcomes New Heat Pump Deployment Initiative to its Prince of Wales Island Service Area

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木曜日, 5月 2, 2024

Alaska Power & Telephone Company (AP&T) is excited to announce that Spruce Root – a southeast Alaska non-profit and Community Development Financial Institution – was selected to receive a $2.5m US DOE grant for a heat pump deployment project for Prince of Wales Island.

Key Points: 
  • Alaska Power & Telephone Company (AP&T) is excited to announce that Spruce Root – a southeast Alaska non-profit and Community Development Financial Institution – was selected to receive a $2.5m US DOE grant for a heat pump deployment project for Prince of Wales Island.
  • The project, titled “Decarbonizing the Tongass with Tribally Owned Heat Pumps,” will be a multi-year initiative to add 240 air source heat pumps to residential homes in Prince of Wales Island communities.
  • Prince of Wales has an abundance of hydropower provided by the Black Bear Lake, South Fork, and Híilangaay hydropower projects.
  • The project will help reduce emissions, improving air quality within Prince of Wales communities, and the Tongass National Forest.

Nextracker and JENNMAR Subsidiary JM Steel Bolster U.S. Supply Chain with New Facility Expansion to Triple Capacity for Solar Energy Projects

Retrieved on: 
金曜日, 4月 26, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240426606596/en/
    A factory worker on the Nextracker-dedicated line at JM Steel’s Leetsdale steel facility.
  • The expansion more than doubles the facility’s production capacity and demonstrates JENNMAR’s commitment to investing heavily in the U.S. solar energy industry.
  • “We are thrilled to be partnered with JM Steel and celebrate the expansion of the Pittsburgh facility to serve customer demand.
  • The Leetsdale steel factory tripled its capacity with the addition of new, dedicated manufacturing lines for solar energy projects creating 60 new manufacturing jobs.