The document summarizes several items: 1) Jobs for Fall River, Inc. is seeking a Microloan Coordinator/Technical Assistance Specialist to manage their microloan program and provide assistance to small businesses. 2) The Pink Bean Coffee Bar has relocated to 85 Purchase Street in Fall River and offers coffee, tea and baked goods. 3) Fall River's four-year high school graduation rate has improved significantly between 2006 and 2013, rising to 85% from 56%.

1. Microloan
Coordinator/TA
Specialist Needed
2
Pink Bean Coffee Bar 2
Fall River by the
Numbers
3
Social Media Workshop 4
Block-a-Palooza 4
Available Space in CWT
Professional Building
4
Inside this issue:
July 2014Volume 3, Issue 7
F A L L R I V E R O F F I C E O F E C O N O M I C D E V E L O P M E N T
Trending Developments
FROED Board of Directors:
Officers
Mayor William A Flanagan,
Chairman/Ex-officio
Frank Marchione, President
James M. Karam, Vice President
Carlos A. DaCunha, Treasurer
Alan F. Macomber, Clerk
At-Large Members
Joseph Baptista
Paul C. Burke
Francisco Cabral
Nicholas M. Christ
Robert Cooper
Mark Cordeiro
Larry Couto
Jerry Donovan
Bruce Fernandes
Alfredo M. Franco
Craig A. Jesiolowski
Stephen R. Karam
Michael Lund
Joseph A. Marshall
George Matouk, Jr.
Paul S. Medeiros
Joan Menard
Kenneth R. Rezendes
Anthony Riccitelli
Joseph Ruggeiro, Sr.
Ron Rusin
James P. Sabra
Len Sullivan
Ex-Officio Members
Daniel Abraham
Joseph D. Camara
Carl Garcia
Craig A. Jesiolowski
Atty. William G. Kenney
Meg Mayo-Brown
John J. Sbrega
Corporate Counsel
Atty. James W. Clarkin
Non-Voting Members
Robert A. Mellion
FROED Staff:
Kenneth Fiola, Jr., Esq.
Executive Vice President
Stephen Parr, Director of Finance
Janet A. Misturado, Director of
Administration
Louise A. Methot, Financial
Services Representative
Maria R. Doherty, Network
Administrator
Lynn M. Oliveira, Economic
Development Coordinator
Fall River Office of
Economic Development
One Government Center
Fall River, MA 02722
Phone: (508) 324-2620
Fax: (508) 677-2840
http://froed.org
Fall River native John B.
Cummings, Jr. recently pub-
lished “a collection of more
than 260 mini biographies as
well as lists of mayors, fire
and police chiefs, school
superintendents, undefeated
and state championship
sports teams, and military
heroes who died in various
wars,” as described on the
publication itself. As such,
the book is appropriately
entitled “Cream of the Crop,
Fall River’s Best and Bright-
est.”
The book is divided into two
parts: years 1850-1925 and
1926-present and includes
categories such as Arts,
Business, Government, Me-
dia, Military, Professional,
Sports, etc. Mr. Cummings
criteria for determining
which Fall River success
stories to include was boiled
down to individuals who
were educated, at least in
part, in Fall River.
The biographies within
“Cream of the Crop” range
from a Colonel in the United
States Army to a Nobel
Peace Prize Recipient to the
First Woman Probate Court
Judge in Massachusetts to
Professional Baseball Play-
ers.
The diversity and achieve-
ments of individuals educat-
ed in Fall River is truly
astounding.
Author John B. Cummings,
Jr. who was born in Fall Riv-
er served as Vice President
of the Fall River National
Bank between 1974 and
1978 before serving as the
Chief Professional Officer of
the United Way from 1978
to 1995. Mr. Cummings is
also the author of “The Last
Fling, Hurricane Carol 1954,
Stories from Westport, Mas-
sachusetts” and “From Little
Acorns to Giant Oaks.”
“Cream of the Crop Fall
River’s Best and Brightest”
is available at local book and
gift stores and all Fall River
area branches of BayCoast
Bank or online at
hillsidemedia.net.
Mr. Cummings has a number
of upcoming speaking en-
gagements in Fall River and
the surrounding communi-
ties. For the full list of
events, please visit
hillsidemedia.net.
HOT SUMMER READ HIGHLIGHTS FALL
RIVER’S GREATEST
Looking for a job?
Visit froed.org then select
the “Current Employment
Opportunities” tab. Next
click “Job Search” and
this will launch an
interactive database.
Within this database
alone there are currently
936
employment
opportunities within a 5
mile radius of Fall River.
936 Jobs
Available

2. Page 2
Trending Developments
Jobs for Fall River, Inc. is
seeking a Microloan Coor-
dinator/Technical Assis-
tance Specialist who will
be responsible for the di-
rect implementation, coor-
dination, and development
of assistance services and
reporting of micro-loan
activity to the Small Busi-
ness Administration
(SBA).
The Microloan Coordina-
tor/Technical Assistance
Specialist is responsible
for social, newsprint and
radio marketing of the mi-
cro-loan program; over-
sight of SBA defined pre-
loan technical assistance
to potential micro-loan
businesses as part of the
micro-loan application
process, review of each
micro-loan application for
thoroughness and prepara-
tion of recommendation to
the Finance Committee for
approval/disapproval and
direct oversight of ap-
proved microloans. Fur-
ther, the Microloan Coor-
dinator/Technical Assis-
tance Specialist is respon-
sible for the development
of cost effective services
to potential and existing
microloan clients in ac-
cordance with current
SBA guidelines; prepara-
tion of performance and
compliance reports, provi-
sion of on-going, monthly
loan financial, account-
ing, marketing, and man-
agement counseling ser-
vices to micro-loan cli-
ents; development and
oversight of external,
contractual preparation of
all external technical as-
sistance programs,
preparation of SBA mi-
croloan monthly, quarter-
ly and annual reports for
submission to the Direc-
tor of Administration for
review and final submis-
sion to SBA.
Required qualifications
include a bachelor’s de-
gree in finance/
accounting; experience in
loan program marketing;
management of loan cli-
ent portfolio; knowledge
of SBA microloan guide-
lines as well as for the
federal, state and local
incentives for interested
micro-loan clients; ability
to read, prepare and inter-
pret micro-loan business
plans; analyze collateral
positions and effectively
manage the micro-loan
portfolio.
For additional infor-
mation about the position,
please contact Janet
Misturado, Director of
Administration of Jobs
for Fall River, Inc. at
508-324-2620.
Relocating from its origi-
nal Fall River location on
Columbia Street, the Pink
Bean Coffee Bar has found
a new home at 85 Purchase
Street.
Offering organic free-trade
coffee and tea, the Pink
Bean Coffee Bar has a
beverage to accommodate
anyone’s request. For hot
beverages, options include
not only fresh brewed and
pour-over coffee, but also
cappuccinos, lattes, mo-
chaccinos, hot chocolate
and hot tea. Most of the
hot beverages are also
available cold with the list
of cold beverages also in-
cluding the MOJO, a Pink
Bean Coffee Bar original.
The MOJO is made by a
36 hour process of com-
bining espresso, cane sug-
ar and 2% milk and is
available in a variety of
flavors. Regardless of the
refreshment you choose,
you will be highly satisfied
with the freshness and
quality of your beverage.
In addition to a delicious
drink selection, the Pink
Bean Coffee Bar also of-
fers “Wicked Good” muf-
fins, scones and biscotti
made by Wicked Good
Pastry, which is owned by
Carri Nepini, who is not
only a baker, but also a
culinary instructor at
Bristol Community Col-
lege. Portuguese muffins
and Portuguese sweet
bread are also available
and provided by Tony’s
Bakery of Columbia
Street. Egg & cheese
sandwiches as well as
whole fruit are also avail-
able to accompany your
coffee or tea.
The Pink Bean Coffee
Bar is open Monday-
Friday from 7:30am to
5:30pm, Saturday from
8:00am to 4:00pm and
Sunday 9:00am to
4:00pm. Delivery is also
available Monday-Friday
from 9:00am to 3:00pm
for orders $20.00 or
greater.
Stop in at 85 Purchase
Street here in Fall River
to experience the Pink
Bean Coffee Bar. For
additional information
about the Pink Bean visit
their website at
www.thepinkbean.net or
call 1-800-760-MOJO.
Jobs for Fall River, Inc. Seeking
Microloan Coordinator/Technical
Assistance Specialist
The Pink Bean Coffee Bar Opens on
Purchase Street

3. Page 3
Trending Developments
Fall River by the Numbers…
*Source: Mass Department of Elementary & Secondary Education
2013 Four Year High School Graduation Rates (%)
The chart above compares
graduation rates of urban
cities within Massachu-
setts with a population of
75,000 or greater.
The data is presented as a
percentage of students who
graduate from a four year
high school and excludes
alternative high schools in
each city except Boston.
The chart compares grad-
uation rate statistics from
FY 2006 to FY 2013. FY
2006 was the first year
that the state collected
four year high school
graduation rates.
As seen in the chart
above, Fall River’s four
year high school
graduation rate has
vastly improved since FY
2006 when the graduate
rate was 56%. As of FY
2013 the graduation rate
has increased to 85% in-
dicating a significant
improvement over the 7
year period. This means
that Fall River not only
has the highest four year
graduation rate among
urban cities with
populations greater than
75,000 in Massachusetts,
but has also achieved one
of the highest improve-
ment score among com-
parable cities.
Congratulations to stu-
dents, educators and staff
at Durfee High School for
a job well done!
2013 Four Year High School Graduation Rates (%)
City FY 2013 FY 2006 Improvement
Fall River Durfee HS 85 56 29
Brockton 84 75 9
Somerville 83 81 2
Lynn 80 68 12
Worcester 79 69 10
Lowell 76 71 5
Lawrence 74 41 33
Boston 66 59 5
New Bedford HS 63 60 3
Springfield 56 55 1

4. One Government Center
Fall River, MA 02722-7700
Phone: 508-324-2620
Fax: 508-677-2840
E-mail: info@froed.org
Mission statement of the Fall River Office of Economic Development:
Incorporated in 1978 as a 501(c)(4) corporation to promote the prosperity
and general welfare of the citizens of Fall River through the stimulation of
economic strength and expansion of new and existing business.
Keeping Fall River working in Fall River.
F A L L R I V E R O F F I C E O F E C O N O M I C D E V E L O P M E N T
For more information please
visit our website:
www.froed.org
Page 4
Social media is moving at
the speed of light! It’s
hard to keep up with all
that is happening with
these exciting marketing
and social networking
opportunities. Join us for
a fast paced look at
what’s new, what’s not,
and what’s coming
around the corner. Join
Tricia White, a local
Social Media expert, as
she talks about trends in
Search and Search
Engine Optimization
(SEO), Social Networks,
Cloud Technologies,
Mobile Applications and
Marketing Strategies
centered around working
collaboratively in tribes.
This FREE event will be
held on July 23, 2014
from 4 p.m. to 6:30 p.m.
at the Cherry & Webb/
UMass Dartmouth Build-
ing, 139 South Main
Street – 4th
floor, Fall
River, MA and is spon-
sored by the Fall River
Office of Economic
Development.
Space is limited, so please
register on line at
www.msbdc.org/semass
and click on event calendar
or call us at 508-673-9783
x 10.
Metered parking is
available on South Main
Street. Additional parking
is available for a nominal
fee at the Pearl Street
garage, which is one block
from the building on the
corner of Pearl and
Anawan Streets.
Funded in part through a coop-
erative agreement with the
U. S. Small Business Admin-
istration.
Following a great success
last year, People Incorpo-
rated, the Narrows Center for
the Arts and the City of Fall
River will host the 2nd An-
nual Block-a-Palooza on
Thursday, July 17, 2014
from 6:00pm to 10:00pm in
front of the Justice Center on
South Main Street here in
Fall River. Block-a-Palooza
is an economic revitalization
event to benefit downtown
Fall River.
The event is free to the
public and will feature
performances by Girls, Guns
and Glory and Buckwheat
Zydeco. The event is spon-
sored by Mechanics Cooper-
ative Bank, People Incorpo-
rated, BankFive and Bristol
County Savings Bank.
For additional information
about Block-a-Palooza,
please visit the event’s face-
book page. We hope to see
everyone on Thursday, July
17, 2014 for this fun, free
event to benefit Fall River’s
downtown.
Social Media Trends Technical Assistance
Workshop
Offices with a View
The CWT Professional Building
located at 139 South Main Street
is the home of the former Cherry
& Webb Department Store. The
space has since been converted to
retail and office space.
Current tenants include Drewbi
Salon, Café Arpeggio, UMass
Dartmouth, and McDonald Law
Offices among others. Conven-
iently located across from the Fall
River Justice Center this space
offers convenience and value.
Now available: One 1,070 sq ft
first floor office with a conference
room. A convenient downtown
location and professional setting
make this space ideal for
individuals looking to expand or
relocate a business.
Anyone interested in visiting the
available space or learning more
about the CWT Professional
Building should contact FROED
at 508-324-2620.
(Article contributed by MSBDC)
BLOCK-A-PALOOZA!