Baltimore, MD, March 16, 2021 - Market Fresh Gourmet, a minority-owned Maryland-based business, in partnership with Arctaris Impact Fund, a fund focused on building sustainable communities in Baltimore City, will focus on local employment opportunities with recruitment and training efforts through its workforce development programs. The grocer will provide fresh foods and prepared foods along with classes and special events for the neighborhood. As other phases of the Center\West project come online, the grocer will also expand its footprint.
Read more in the press release.
March 12, 2021 Saddleback Mountain Ski Movie Premiere: The transformative story and rebirth of a ski mountain which reopened for business in 2020 after a five-year hiatus. Saddleback is a community anchor and employer in Rangeley, Maine, and also home to the most incredible ski terrain in the Northeast.
View the movie!
Pittsburgh suburbs Jeannette, New Kensington and others to benefit from new $20M investment fund
March 10, 2021 Regional news website TribLIVE discusses Arctaris partnership with Richard King Mellon Foundation, which played a significant role in the region’s development for more than seven decades. RKMF helped underwrite everything from Pittsburgh’s original emergence from its status as the Smoky City during Renaissance I in the 1950s to the Digital Foundry, a new high-tech facility in New Kensington’s Corridor of Innovation.
Visit the article to learn more.
Foundation partners to invest $20M in distressed ‘opportunity zones’ around the region
March 10, 2021 As reported in the Pittsburgh Gazette, the Richard King Mellon Foundation is teaming with a Boston firm to invest $20 million in job initiatives and economic development in distressed communities in Allegheny and Westmoreland counties. The fund will target job creation and economic development initiatives in low-income communities in Allegheny, Westmoreland counties.
Visit the article to learn more.
Richard King Mellon Foundation partners with Arctaris Impact Investors
Pittsburgh, PA, March 10, 2021 - The Richard King Mellon Foundation and Arctaris Impact Investors announce a $20 million joint commitment to invest in a unique program for the Pittsburgh region that will bring the transformational power of Opportunity Zones to dozens of economically distressed communities in Allegheny and Westmoreland counties.
Read more in the press release.
Arctaris Funds Broadband Fiber in Opportunity Zones to Increase Digital Equity
Boston, MA, February 17, 2021 — Arctaris Impact Investors, LLC (“Arctaris”) announced new Opportunity Zone investments in broadband infrastructure that will provide affordable, high-speed internet access to multiple low-income communities throughout Colorado and Maine.
Read more in the press release.
Arctaris Welcomes David Evans Shaw to Board of Advisors
Boston, MA, February 16, 2021 - Arctaris Impact Investors, LLC (“Arctaris”) announces today the addition of David Shaw to its Board of Advisors. Shaw has extensive leadership experience in high growth ventures, business creation and the public sector. He has built more than a dozen successful technology companies in healthcare and other industries.
Read more in the press release.
Arctaris Announces the Addition of Wallace Mathai-Davis to its Board of Advisors
BOSTON, Feb. 8, 2021— Arctaris Impact Investors, LLC (“Arctaris”) announces today the addition of Wallace Mathai-Davis to its board of advisors. Mathai-Davis has over 35 years of experience as a senior executive in international asset management and merchant banking.
Read the press release to learn more.
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