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Silicon Valley Investor Aims To Create Tech Hub In Maine

PYMNTS

A new research institute in Portland, Maine, is intended to electrify the local economy and provide a hub for multiple career fields outside of the major cities that dominate most tech job searches. The test project was introduced Monday (Jan. 27) by a host of officials including Gov. Companies can team up with university labs.

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Grubhub Launches Relief Fund To Aid Restaurants, Drivers

PYMNTS

Mayors from New York City, Chicago, Boston and Portland are participating in a program where Grubhub will suspend the collection of up to $100 million in commission payments from restaurants across the country. Independent restaurants are the lifeblood of our cities and feed our communities,” said Grubhub CEO Matt Maloney.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck. Others are taking it outdoors, where people tend to feel safer than in enclosed spaces these days.

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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Community Bank Advisory Council Members.

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Tapping Sudsy Success on Main Street

PYMNTS

Portland, Ore. and Portland, Maine, where craft breweries are seemingly on almost every street corner like coffee shops, Marvil pointed out. The state’s website, Mass.Gov , estimates there are 116 craft breweries in Massachusetts, with 25 of them located in the Greater Boston area. Denver, Colo., Bureau of Labor Statistics.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Portland, Oregon. Tags: SMB, expense management, expense reports, debit card, prepaid, accounting, bookkeeping, Y Combinator (investor), Community Federal Savings Bank (issuer). Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C. CrowdStreet.

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46 Corporations Working On Autonomous Vehicles

CB Insights

Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. It then also became the first to test such technology on public streets in Boston, Massachusetts. SB Drive focuses on advancing self-driving technology, especially related to public and community services such as buses.

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