The Business Magazine for the South Shore, Plymouth and Cape Cod
December 18, 2019
BUSINESS NEWS
Investment
New Owners of Plymouth & Brockton Street Railway Company Invest Over $14 Million in New Buses
The new owners of Plymouth & Brockton Street Railway Company ( www.p-b.com ), are committed to investing more than $14 million to bring on new buses for the fleet, plus significant upgrades in the company’s technology.
Economic Development
Cape & Plymouth Chambers Receive Economic Development Grant
The Cape Cod Chamber announced today that its sister corporation, Cape Cod Economic Development Council Inc., received a $70,000 Regional Economic Development Organization (REDO) grant from the Mass. Executive Office of Housing & Economic Development the fiscal year 2020.  
The Cooperative Bank of Cape Cod
Giving
The Coop Foundation Announces Quarterly Grant Recipients
The Cooperative Bank of Cape Cod Charitable Foundation Trust is pleased to announce $55,000 in grants to local organizations for the final quarter of the year. These grants cap The Coop Foundation’s inaugural year of giving, a year in which The Foundation awarded $180,000 to twenty-two non-profit organizations Cape-wide.
Giving
Acella Construction Team Raises Nearly $20,000 for Rodman Ride for Kids
Acella Construction Corporation a leader in construction management throughout greater Boston, proudly announces its 17th year participating in the recent Rodman Ride for Kids.
Business Toolbox
How To Start a Franchise Business
A franchise is a type of business where one party, the franchisor, owns a business model, processes, and branding and allows a second party, the franchisee, to operate under the business’s name for a fee. It’s a fairly common method of establishing a business — there were nearly 750,000 franchise establishments in the United States in 2017.
Giving Back
Champ Homes Receives Cape Cod Five Grant
Champ Homes, a local non-profit providing transitional housing and support services to Cape Cod residents, recently received an additional $4,000.00 grant award from Cape Cod Five to further their mission and program delivery.
Giving Back
First Citizens’ Charitable Foundation Scholarship
Starting January 1, 2020 through April 1, 2020, First Citizens’ Charitable Foundation is accepting applications for the First Citizens’ Charitable Foundation Scholarship Program. Applications are available at all First Citizens’ branch offices or online at www.firstcitizens.org.
Business Support
Community Development Partnership Increases Small Business Loan Maximum
The Community Development Partnership has good news for small businesses on the Lower Cape. It has increased the maximum amount that may be borrowed through its small business loan program from $40,000 to $50,000.
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