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People’s United donates $33,900 for CAA weatherization programs in Vermont

first_imgPeople’s United Bank,During the 2nd quarter of 2011, People’s United Bank announced that they would donate $100, to the Weatherization Assistance Programs (WAPs) offered through the State of Vermont Community Action Agencies (CAAs), for every personal checking account opened from June 7th through August 2nd.  People’s United Bank announced today that $33,900 would be spread among the CAAs for use in weatherizing homes throughout Vermont.The Community Action Agencies which are independent non-profit organizations, were established through the State of Vermont Office of Economic Opportunity (OEO) under the Economic Opportunity Act of 1964 to fight America’s War on Poverty.  They help people to help themselves in achieving self-sufficiency.  The 5 Community Action Agencies in Vermont (4 of which have an affiliated WAP) include:  BROC – Community Action in Southwestern Vermont, CVCAC- Central Vermont Community Action Council, Inc., CVOEO – Champlain Valley Office of Economic Opportunity Inc., SEVCA – Southeastern Vermont Community Action, Inc. and NEKCA ‘ North East Kingdom Community Action.  The lone WAP not affiliated with a CAA is NETO ‘ North East Training Opportunities which provides weatherization Services in the North eastern portion of the state.‘The weatherization programs offered through the State of Vermont Community Action Agencies are a great example of ‘helping people help themselves,’‘ stated Michael Seaver, Vermont President, People’s United Bank.  ‘Over the last several years, so many Vermonters have relied on emergency funding for fuel.  The weatherization programs offered statewide will reduce our dependency on these funds and provide warmer homes for our neighbors in need,’ continued Seaver.The following is a breakdown of the dollars that the weatherization programs will receive:BROC ‘ Community Action in Southwestern Vermont         $3,200CVCAC ‘ Central Vermont Community Action Council, Inc.  $4,400CVOEO – Champlain Valley Office of Economic Opportunity, Inc.   $14,600NEKCA ‘ North East Kingdom Community Action, Inc.               $1,500SEVCA ‘ Southeastern Vermont Community Action, Inc.             $10,200‘An innovative and creative idea became generous funding provided by People’s United Bank.  It is one more way we are able to keep families safe, warm and in their own homes,’ said Jan Demers, Executive Director Champlain Valley Office of Economic Development.  ‘We have over 100 families on our wait list for weatherization services, so the timing for this donation from the People’s United Bank could not be better,’ continued Demers.For more information on the programs offered through the State of Vermont office of Economic Opportunity and Community Action Agencies in Vermont, please contact Shaun Donahue at [email protected](link sends e-mail) or call 802-241-2454.About People’s United BankPeople’s United Bank is a subsidiary of People’s United Financial, Inc., a diversified financial services company with approximately $25 billion in assets. Peoples United Bank, founded in 1842, provides consumer, commercial and wealth management services through nearly 340 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and in Westchester County and Long Island, New York. Through additional subsidiaries, People’s United provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.###last_img read more

Veoh launches Web video syndication

first_imgVeoh Networks Inc. is launching a Web video syndication service today that uses peer-to-peer technology to distribute DVD-quality video and publish it on the Web’s most popular sites, including MySpace and YouTube. The privately held company hopes to become an online television service, allowing content creators to build their own channels and viewers to easily find and download video. Veoh hopes to distinguish itself from competitors such as Brightcove, Revver and others by the use of a peer-to-peer network that will allow the delivery of huge video files more efficiently. With Veoh, users share the load of transmitting content, which is generally sent in small chunks from PCs that have its software installed. The company is also touting its virtual digital video recorder service, which allows users to subscribe to programs or download video from any Web site. Veoh Chief Executive Dmitry Shapiro calls his service a “virtual cable operator” that can support an unlimited number of channels. “It’s not about the studios coming in and rebroadcasting the same stuff you can find on TV,” he said. With Web video ranging in quality from studio-created shows that are found on iTunes to user-generated clips found on sites such as YouTube, analysts say there is room in between for professional-looking amateur content. “In the middle is where things get interesting,” said Joe Laszlo, an analyst at Jupiter Research. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! The San Diego-based company has raised $12.5 million from investors such as Michael Eisner, former chief executive of The Walt Disney Co.; Time Warner Inc.; and private venture-capital firms. Once content creators upload their videos to Veoh, the content can be instantly syndicated across the Web to popular sites such as YouTube and Facebook. The videos also can be distributed to blogs, Really Simply Syndication feeds and portable devices such as Apple Inc.’s iPods. The site has already signed deals with US Weekly magazine to create a celebrity news channel. The Hollywood talent agency UTA also has agreed to create a channel to audition clips from aspiring filmmakers and actors. The service allows content creators the flexibility to include advertising in their shows or sell clips on a rental or download-to-own basis. Users also could be charged a subscription for a season’s worth of programs. last_img read more

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