WEST MONROE, La. – Neighbors Cookies received a $2.75 million investment from Advantage Capital. The money will give capital for them to to expand operations and hire up to 15 new workers. – Source: perishablenews.com/bakery/advantage-capital-invests-2-75m-in-neighbors-cookies/
Neighbor’s Cookies, is woman-owned business that makes the cookie dough used by thousands of schools, teams and kids organizations to raise money for their cause. – Source
Covid-19 has taken a toll on businesses all over the country.
Notice what Neighbor’s CEO, Meryl Kennedy Farr had to say on this:
“Like many businesses in 2020, ours faced some tough times as our products are largely used by schools, athletic teams, church groups and clubs in fundraising campaigns. However, as we begin to see some return to normalcy, our sales are beginning to pick up again and we are excited to put this capital to use and boost our production capacity here in West Monroe.”
Advantage Capital’s investment, is provided under the Louisiana New Markets Jobs Act programs. The program incentivizes the investment of private capital in small businesses located in low-income or hurricane-damaged areas to drive job growth and economic expansion. Furthermore, it encourages investment in businesses owned by minorities, women and and veterans too.
Neighbor’s Cookies Provides the Dough For Youth Organizations to Fundraise
Joe Wolpin of Fundraising Zone tells us, “Many youth groups and kids groups across the nation count on selling cookie dough to to raise the funds they need. The Covid-19 pandemic has made this challenging. However, parents groups have found new ways to continue to do this virtually online.” Learn more about Fundraising Zone here.
Company Name: Fundraising Zone
Contact Person: Joe Wolpin
Email: Send Email
Phone: (800) 645-6550
Address:337 Merrick Road Suite 5
State: New York, 11563
Country: United States