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Governor Shumlin names winners of $2.25 million in downtown tax credits

Thu, 09/22/2016 - 2:02pm -- tim

Vermont Business Magazine Governor Peter Shumlin today announced the allocation of $2.25 million in state tax incentives for 21 projects, supporting over $47 million in downtown and village center construction and rehabilitation projects. Two municipalities will receive sales tax reallocation dollars. In Winooski, the award will be used in conjunction with a new mixed use development and function venue “The Strand” at the city’s Circle, and in St Albans, reallocated taxes will support public infrastructure improvements associated with the new Hampton Inn on Lake Street. 

Administration Secretary Justin Johnson will leave state government

Thu, 09/22/2016 - 11:24am -- tim

Vermont Business Magazine Governor Peter Shumlin today announced that Secretary of Administration Justin Johnson will be leaving state government on Sept. 30 to join Montpelier lobbying firm MMR, LLC. At MMR, he will be heading up a new practice focused on international projects, helping businesses and governments meet their goals and obligations under the Paris climate accord signed by more than 170 countries since last November. The governor said Trey Martin, Deputy Secretary at the Agency of Natural Resources, will replace Johnson.

Subaru of New England donates $25,000 to Youth Services to combat opiate addiction

Thu, 09/22/2016 - 11:14am -- tim

Vermont Business Magazine To assist in Vermont’s on-going battle against opiate and heroin abuse, Governor Peter Shumlin today accepted a $25,000 donation from President and CEO of Subaru of New England Ernie Boch Jr to Youth Services of Brattleboro to create a youth counseling program to treat addiction.

Southern Vermont College, SVMC join Pownal hydroelectric group

Thu, 09/22/2016 - 10:26am -- tim

Vermont Business Magazine Southern Vermont College (SVC) is proud to announce its participation in the local effort that is bringing back hydroelectric generation to Vermont. SVC and its campus neighbor Southwestern Vermont Medical Center (SVMC) have both signed on as part of the Pownal Tannery Hydroelectric Net Metering Group, which will help offset some of their electrical use with a local renewable resource.

Warmth of Other Suns author to discuss 'great migration' Oct 5 at UVM

Thu, 09/22/2016 - 9:54am -- tim

Vermont Business Magazine Pulitzer Prize-winning author Isabel Wilkerson will present a lecture on the subject of her much heralded recent book, The Warmth of Other Suns: The Epic Story of America’s Great Migration, at The University of Vermont's  Ira Allen Chapel on Wednesday, October 5 at 5 pm. The event is free and open to the public. Wilkerson, it was just announced, will be awarded the 2015 National Humanities Medal at a special White House ceremony presided over by President Obama on today, September 22.

Loans available to VT small businesses impacted by drought

Thu, 09/22/2016 - 9:33am -- tim

Vermont Business Magazine The US Small Business Administration announced September 21 that federal Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations in Caledonia, Essex, Orange and Windsor counties located in Vermont as a result of the drought that began on January 1, 2016.

Lund board elects new board president and five new members of the board of trustees

Thu, 09/22/2016 - 7:06am -- Denise Sortor

Vermont Business Magazine Lund’s Board of Trustees is pleased to announce the recent election of its new board president and five new members to the Board of Trustees. Paulette Thabault of South Burlington was elected as President. Paulette has served on Lund’s board for the past nine years and has chaired Lund’s Strategic Planning and Governance Committees.

You're nuts! Flavors we could lose (Hint: chocolate, coffee) to climate change, by Ben & Jerry's

Thu, 09/22/2016 - 5:58am -- tim

Vermont Business Magazine Climate change is really taking its toll on Mother Earth. Average global temperatures have risen sharply in the past few decades. Warming oceans are melting away the polar ice caps at unprecedented rates. And natural disasters are becoming more frequent and intense. For many, those impacts may seem a world away from daily life, but the truth is that climate change is creeping closer and closer to home. And it's headed straight for your freezer.

GMP sends Enel 17MW hydro agreement to PSB

Wed, 09/21/2016 - 3:08pm -- tim

Vermont Business Magazine Green Mountain Power announced Tuesday that it has filed with the Public Service Board an agreement with Enel Green Power NA to acquire 14 of Enel's small hydroelectric power stations located mainly in northern New England, with an approximate total capacity of 17 megawatts. GMP has also entered into a power purchase agreement with Enel for the rights to the output of two other Enel hydroelectric power stations in accordance with a 25-year PPA. The deal, GMP said in a statement, will create one of the lower cost renewable resources in GMP’s energy portfolio. GMP also said Tuesday that it expects to sell a limited number of renewable energy credits from some of the plants to reduce costs for customers in the short term.

Up to $42 million in NIH grants awarded to Dartmouth-Hitchcock for pediatric research

Wed, 09/21/2016 - 2:19pm -- tim

Vermont Business Magazine Researchers at Dartmouth’s Geisel School of Medicine and Dartmouth-Hitchcock health system have been awarded up to $42 million to investigate environmental influences on child health. The highly competitive awards are part of a $157 million, seven-year initiative known as Environmental Influences on Child Health Outcomes (ECHO) that was announced Wednesday by the National Institutes of Health (NIH).

Businesses donate over $13,000 of socks and support for homeless

Wed, 09/21/2016 - 1:42pm -- tim

Vermont Business Magazine For the sixth year in a row, Lenny’s Shoe & Apparel, Darn Tough Vermont and Smartwool have teamed up to donate over $13,000 worth of socks and support to local homeless shelters. The donations are the result of a joint effort between the three businesses to help provide warm, Merino wool socks and much-needed support to the areas homeless population in preparation for the areas colder months.

Walmart employees in Vermont get more than $77,000 in cash bonuses

Wed, 09/21/2016 - 1:08pm -- tim

Vermont Business Magazine Walmart recently awarded $77,000 in second quarter cash bonuses to 615 hourly associates in Vermont (about $125 per worker), as part of, the company said in a statement today, its continued focus on improving and enhancing the store experience for associates and customers. The bonuses, which were based on stores’ performances from May through July of this year, are part of an overall incentive plan designed to reward associates whose stores have met their performance and customer service goals.