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VAST announces $3 million Lamoille Rail Trail capital campaign

Tue, 04/18/2017 - 11:09am -- tim

Vermont Business Magazine The Vermont Association of Snow Travelers (VAST), a 501(c) (3) organization, is launching a $3 million capital campaign for the continued redevelopment Lamoille Valley Rail Trail (LVRT).  When completed, the trail, extending 93 miles from St. Johnsbury to Swanton, will be the longest rail trail in New England.  As a year-round recreational corridor, it serves walkers and runners, bicyclists, snowmobilers, horseback riders, cross country skiers and mushers. VAST Executive Director Cindy Locke believes that the trail is going to be the top four-season recreation destination in Vermont when it is completed.  In addition to its recreational amenities, LVRT will be a powerful economic engine for the 18 towns along its route.

Champlain College appoints Special Adviser to the President for Diversity and Inclusion

Tue, 04/18/2017 - 9:41am -- Denise Sortor

Vermont Business Magazine Champlain College today announced that Dr Angela E Batista will be the Special Adviser to the President for Diversity and Inclusion beginning in June. As Special Adviser, she will work with President Donald J Laackman and other stakeholders at the College to more fully realize the diversity and inclusion goals and aspirations outlined in the College's 2020 Strategic Plan and beyond.

Grace Cottage earns national recognition for patient-centered care

Tue, 04/18/2017 - 6:46am -- tim

Vermont Business Magazine Grace Cottage Family Health of Townshend, VT, has received Level 3 Patient-Centered Medical Home (PCMH) recognition from the National Committee for Quality Assurance (NCQA). This certifies that Grace Cottage’s Rural Health Clinic has achieved the highest level of evidence-based, patient-centered, coordinated care. The NCQA PCMH model of primary care combines teamwork and information technology to improve access, communication and patient involvement, and to reduce costs.

Nokian Tyres named official automotive tire partner for Killington/Pico and POWDR resorts

Tue, 04/18/2017 - 5:09am -- tim

Vermont Business Magazine Nokian Tyres  and POWDR Adventure Lifestyle Co. today announced a two-year partnership making Nokian Tyres the official tire partner for POWDR’s nine North American resorts. Nokian's North American headquarters are in Colchester, Vermont. “Since our first winter tire rolled off the line in 1934, Nokian Tyres has focused on producing tires capable of performing safely in the most demanding conditions, especially the snow and ice of northern climates,” said Hans Dyhrman, director of marketing, Nokian Tyres North America.

New UVM study offers hope for more effective treatment of leukemia

Tue, 04/18/2017 - 4:38am -- tim

Vermont Business Magazine The discovery of a protein signature that is highly predictive of leukemia could lead to novel treatments of the leading childhood cancer, according to new study showing that competition among certain proteins causes an imbalance that leads to leukemia. The new study in the journal Nature Immunology reveals that the activation of a protein known as STAT5 causes competition among other proteins that leads to acute lymphoblastic leukemia (ALL).

Vermont Teddy Bear partners with Amputee Coalition featuring new Limb Loss and Limb Difference bears

Tue, 04/18/2017 - 3:19am -- tim

Vermont Business Magazine Vermont Teddy Bear is proud to announce their newest Bear to the Bears That Care program: Limb Loss & Limb Difference Bears. Working closely with the Amputee Coalition, Vermont Teddy Bear has created this collection of Bears to help those with limb loss and limb difference. “We are really proud of the whole Bears That Care program, and are very excited about this Bear and our partnership with the Amputee Coalition,” says Bill Shouldice, CEO of Vermont Teddy Bear Company.

UVM Foundation names Shane Jacobson CEO

Mon, 04/17/2017 - 5:01pm -- tim

Vermont Business Magazine Shane Jacobson, a highly-accomplished and experienced development and advancement executive, has been named president and CEO of the University of Vermont Foundation. Jacobson currently serves as the vice president for development and alumni relations at Grinnell College, which is consistently ranked as one of the top 20 liberal arts colleges in the nation.

Vermont Women’s Fund issues $124,000 in grants

Mon, 04/17/2017 - 2:13pm -- tim

Vermont Business Magazine The Vermont Women’s Fund, a component fund of the Vermont Community Foundation, awarded $124,000 through its competitive grant round this spring to 14 organizations working to improve the lives of young women and girls in Vermont. The grants support programs across the state that provide young women and girls ages 12-25 with opportunities to gain financial literacy, job-training skills, mentorship, and experiences that expand their vision for the future.

Program aims to create $50 million social impact fund

Mon, 04/17/2017 - 10:59am -- tim

Vermont Business Magazine Vermont Works, a new Vermont investment firm that plans to invest $50 million in Vermont companies through its social impact fund, is partnering with VSECU through its wholly owned subsidiary, Vermont Heritage Financial Group, Inc (VHFG) to spur economic growth and create new jobs in the Green Mountain State. The partnership will combine Vermont Works’ vision of increasing investments, particularly in growth stage capital — that is, capital for established companies looking to expand operations or relocate to Vermont — with VSECU.

PAI: How to close the budget gap

Mon, 04/17/2017 - 9:06am -- tim

Public Assets Institute The purpose of the state budget is “to address the needs of the people of Vermont.” Yet each year Montpelier focuses its attention on closing the General Fund budget gap. Elected leaders acknowledge investments are needed to clean up Lake Champlain, provide families with child care financial assistance, and make higher education more affordable. But progress has been slow in making these investments. And to balance the budget they make cuts—to Reach Up benefits for the poorest families, to affordable housing programs, to key policy staff. Despite the cuts, however, the budget gap reappears year after year, thanks to persistent structural problems: anemic state revenues even in a growing economy, and rising health care costs that demand an increasing share of state spending.

Leonine: Legislature enters the home stretch

Mon, 04/17/2017 - 8:58am -- tim

Leonine Public Affairs With three weeks left in the 2017 legislative session, the Senate Appropriations Committee continues to hammer out its version of the FY18 budget bill. It is likely the committee will bring the bill to the Senate floor next week. Once that happens the Senate will be spending a lot of time debating the budget. To accommodate extended floor sessions and the need on the part of the Senate “money committees” (Appropriations and Finance) to hold extensive meetings the Senate’s “morning committees” will not, after today, hold any more regularly scheduled meetings.

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