Mainebiz

W W W. M A I N E B I Z . B I Z 9 A P R I L 6 , 2 0 2 0 OHI, Bangor, $37,261; and Tedford Housing, Brunswick, $16,283. The Avangrid Foundation and AVANGRID Inc. announced a $2 mil- lion commitment to support national and local organizations that support vulnerable communities as they deal with the coronavirus pandemic. CIEE, citing impact of COVID-19, eliminates 248 jobs in Maine e Council on International Educational Exchange said March 26 that it will end 248 jobs in Portland, part of a wider, global shutdown of its programming. CIEE, a non- profit founded after World War II that sends 15,000 Americans abroad to study, intern and teach, said it also eliminated 107 other U.S. jobs and 300 internationally. It oper- ates 63 sites in 42 countries. It cited the "global spread of COVID-19, [which] has literally brought the world to a halt." e nonprofit is headquartered at 300 Fore St. in the Old Port neighborhood. Leslie Taylor, communications manager for the nonprofit, told Mainebiz in an email that the nonprofit is "hope- ful that when we are able to resume operating our programs we will be able to begin rehiring and increasing staffing levels." Portland startup raises $875K HighByte Inc., a Portland startup creating industrial operations software, has received $875,000 in pre-seed financing to support the company's continued prod- uct development work. HighByte received $625,000 in convert- ible debt from independent angel investors and venture capital firms including the Maine Venture Fund and Switzerland-based Momenta Ventures. e company also received a $250,000 long-term, low-interest loan from the Maine Technology Institute. e pre-seed financing will fund the next round of product development as well as research hir- ing, according to the news release. Angel investors include Corson Ellis, founder and former chairman of another Portland software devel- oper, Kepware, and Brett Austin, the previous president of Kepware. " FAME listened to our unique story and believed in us. The staff was adaptable and found a way to 'yes.'" Dan Bell General Manager AGRI-CYCLE ENERGY WE HELP YOU GET TO WE HELP YOU GET TO yes Helping Maine Businesses Succeed Since 1983 1-800-228-3734 • FAMEmaine.com Best Places to Work in Maine 2015, 2016, 2017, 2018, 2019 There is simply no substitute for good judgment and getting things right the first time. That's where Drummond Woodsum attorneys Dan Rose, Pete Felmly, Tom Trenholm, Allen Kropp, Michael Buescher, S. Campbell Badger and Elek Miller can help. A group of highly specialized attorneys focused on providing human resource professionals with the guidance they need in dealing with personnel matters. We practice law differently. Since 1965. dwmlaw.com dwmlaw.com | 800.727.1941 800.727.1941 Workplace Solutions for Maine Employers S O U T H E R N

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