News

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Vermont Business Magazine SouthFace Village at Okemo, an EB-5 project in Vermont, has been working closely with the Vermont Department of Financial Regulation (DFR) to secure the agency’s re-approval of its EB-5 offering. After a rigorous review process, DFR approved the EB-5 project’s updated Private Placement Memo (PPM).

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by Timothy McQuiston Vermont Business Magazine The Vermont 2016 fiscal year ended June 30 and the final tax revenue report finished with a small shortfall, as expected. Personal Income taxes, the most important single revenue source, has been lagging all year, but finished the month ahead of its target.

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Vermont Business Magazine Weekly unemployment claims fell deeply last week but remain slightly above typical summer levels. Claims in 2016 generally have been running above 2015 claims. For the week of July 9, 2016, there were 540 claims, down 199 from the previous week's total and 44 more than they were a year ago.

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Vermont Business Magazine Norwich University signed a new agreement with Korea University and the Republic of Korea’s Army Reserve Officers’ Training Corps Cadet Command, for the semester long exchange of cadets between the two universities.

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by Guy Page, Vermont Energy Partnership The asking price for the 13 TransCanada hydro dams on the Connecticut and Deerfield Rivers has passed $1 billion, Vermont Secretary of Administration Justin Johnson said Tuesday, July 12. The dams, totaling about 560 megawatts of power, were bought by TransCanada in 2005 for about $500 million.

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Will help create opportunities for small and emerging businesses

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Vermont Business Magazine The Department of Public Service is developing a new protocol for handling complaints about the potential failure of a company to comply with the terms and conditions of a certificate of public good (CPG) issued by the Public Service Board under 30 V.S.A.

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Vermont Business Magazine Community members, early depositors, and Gifford staff and board members gathered on July 12 to celebrate groundbreaking for 49 independent living apartments at the Morgan Orchards Senior Living Community in Randolph Center. Planning for the multi-phased project, the largest building project in Gifford Hospital’s history, began in 2010.

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Vermont Business Magazine Calling it a testament to Sue Minter’s leadership and her ability to get things done, 79 past and present lawmakers including 14 committee chairs and 2 former Speakers of the House endorsed Sue Minter for governor.

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Vermont Business Magazine Matt Dunne, Democratic candidate for Governor, today released his detailed plan for fighting poverty in Vermont, beginning with five actions that can be taken to immediately help the neediest Vermonters.

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Vermont Business Magazine A Vermont non-profit corporation formed in 2012 to provide public education about single-payer healthcare and its political committee have acknowledged violations arising out of their campaign activities in the 2012 and

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Vermont Business Magazine Lieutenant Governor Phil Scott today issued the following statement on recent revelations the Shumlin Administration allowed Jay Peak’s owners to continue to solicit investors months after the federal Securities and Exchange Commission (SEC) launched its investigation. Scott is also a Republican candidate for governor.