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March 22nd is the first ever SBDC day

Tue, 03/21/2017 - 4:33pm -- Anonymous

A national celebration and proclamation of the success and impact the SBDC programs have on economic development! Did you know that the Vermont Small Business Development Center (VtSBDC) is part of a nationwide network of Small Business Development Centers?  For the first time ever, we are all teaming up to celebrate #SBDCday on March 22, 2017.  America’s SBDC is the largest technical assistance program for small businesses in the country with nearly 1,000 centers providing no-cost advising and low-cost educational workshops for entrepreneurs and business owners. 

Revision Military Newport wins $98 million contract for advanced combat helmet

Tue, 03/21/2017 - 11:11am -- tim

Vermont Business Magazine In a development with direct implications for future work at Revision Military Newport, Senator Patrick Leahy (D-Vermont) announced today that the US Army awarded Revision Military a contract for as much as $98 million to produce the next generation of combat helmets for soldiers. The announcement follows an intense competition for the project. 

Norwich receives $20,000 from Olmsted Foundation to send students to Israel to study conflict

Tue, 03/21/2017 - 10:34am -- tim

Vermont Business Magazine Norwich University has received $20,000 from the Olmsted Foundation to send 10 students along with Peace and War Center Director Professor Travis Morris to Tel Aviv, Jerusalem, and Haifa, for two weeks in May for cultural immersion and to study the conflict there firsthand. The trip is organized and planned by the students, who are all cadets on track to commission into the US military. The Olmsted Foundation provides opportunities for US military officers to travel for cultural immersion to enhance the American military.

Technology For Tomorrow receives $2,000 donation from Merchants

Tue, 03/21/2017 - 10:09am -- tim

Vermont Business Magazine Merchants Bank awards Technology for Tomorrow a $2,000.00 grant to help support T4T's programs that bring free technology education to under-served Vermonters. Technology For Tomorrow (T4T) is a 501(c)(3) nonprofit organization that began with a group of high school students from South Burlington who utilized their computer skills to serve their community through free technology training.  Since its founding in 2012, Technology for Tomorrow has worked with students from high schools across Vermont to coordinate educational technology workshops.

Joint statement of Leahy, Sanders and Welch on ICE enforcement actions In Vermont

Tue, 03/21/2017 - 9:23am -- tim

Senator Leahy, Senator Sanders, Representative Welch We have expressed our serious concerns to Immigration and Customs Enforcement (ICE) about these arrests of several farmworkers and farmworker advocates.  We are also reaching out to ICE about the potential impact in Vermont of President Trump’s executive order calling for increased immigration enforcement.  Instead of focusing on removing those people who pose a threat to public safety or national security, the Trump Administration is targeting all undocumented persons, including the people that help keep our dairy farms and rural economy afloat.   

Merchants Bank donates to the Intervale Gleaning & Food Rescue Program!

Tue, 03/21/2017 - 9:08am -- tim

Vermont Business Magazine Merchants Bank recently made a $2,000 donation to the Intervale Gleaning and Food Rescue Program. The Program, located in Burlington, VT, works with volunteers, community organizations, and farms to harvest fresh food that would otherwise go to waste and distribute it to hungry people in the community. In the past two years, they have distributed 50,000 pounds of fresh food to people in Chittenden County.

UVM study links opioid abuse to childhood emotional trauma

Tue, 03/21/2017 - 8:53am -- tim

Vermont Business Magazine A study by researchers at the University of Vermont has revealed a link between adult opioid misuse and childhood emotional abuse, a new finding that suggests a rethinking of treatment approaches for opioid abusers. To uncover the link to emotional abuse, the study, published in the current issue of Addictive Behaviors, analyzed and cross referenced the results of a series of psychological tests administered to a sample of 84 individuals with a history of problem opioid use who had also suffered trauma during their lives.

Twinstate Technologies announces alliance with Suny Plattsburgh SBE

Tue, 03/21/2017 - 8:34am -- Denise Sortor

Vermont Business Magazine Twinstate Technologies® has joined SUNY Plattsburgh School of Business and Economics (SBE) as an Academic Alliance partner for the new Center for Cybersecurity and Technology (CCT). Twinstate Technologies® along with other Academic Alliance partners such as Sophos, Palo Alto Networks and Dell EMC2 will be offering expertise and guidance to students enrolled in the program.

Employer costs in Northeast by far highest in nation

Tue, 03/21/2017 - 8:07am -- tim

Vermont Business Magazine Combined wages and benefits in the Northeast are nearly $7 per hour higher (19.4 percent) than the next highest region of the United States, and 39 percent higher than the lowest. Private industry employer costs for employee compensation among the four regions of the country ranged from $29.59 per hour in the South to $40.55 in the Northeast during December 2016, the US Bureau of Labor Statistics reported Monday. In the other two regions, hourly employer costs for employee compensation stood at $30.23 in the Midwest and $33.97 in the West.