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Homeland Security proposes rulemaking to reform flawed EB-5 program

Fri, 01/13/2017 - 7:35am -- tim

Vermont Business Magazine The Department of Homeland Security released on Thursday a Notice of Proposed Rulemaking that, once implemented, will make significant improvements to the EB-5 Regional Center Program. The proposal would raise the minimum investment levels for the first time since the EB-5 program was created in 1990, and it would restrict the ability of high-end real estate developers to take advantage of development incentives intended for distressed areas.

Casella remarkets Maine revenue bonds

Thu, 01/12/2017 - 1:14pm -- tim

Vermont Business Magazine Casella Waste Systems, Inc (NASDAQ:CWST), a regional solid waste, recycling and resource management services company based in Rutland, announced Tuesday that it has commenced the remarketing of $3.6 million aggregate principal amount of Finance Authority of Maine (“FAME”) Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc.

Entergy, NY officials agree on Indian Point closure in 2020-2021

Thu, 01/12/2017 - 1:10pm -- tim

Vermont Business Magazine The owner of the shuttered Vermont Yankee nuclear plant in Vernon wants to get out of the merchant power business entirely. The two operating units at the Indian Point Energy Center will close in 2020-2021 after powering New York for more than four decades, according to Entergy Corp. The early and orderly shutdown is part of a settlement under which New York State has agreed to drop legal challenges and support renewal of the operating licenses for Indian Point, located in the Village of Buchanan in northern Westchester County.

Going beyond borders (India and Cuba) at NOFA-VT’s 35th Annual Winter Conference

Thu, 01/12/2017 - 12:45pm -- tim

Vermont Business Magazine The Northeast Organic Farming Association of Vermont (NOFA-VT) has attracted two international giants in the food and farming world to speak at the 35th annual winter conference on February 18-20 at University of Vermont. Dr Fernando Funes Monzote of Cuba and Dr Vandana Shiva of India will both bring a message of resilience, hope, and the power of people to make slow—but radical—change. 

Burlington middle schools awarded $40,000 from Verizon for makerspaces

Thu, 01/12/2017 - 12:25pm -- tim

Vermont Business Magazine Lyman C Hunt and Edmunds Middle Schools have been awarded grants from Verizon Innovative Learning for $20,000 each, for the creation of makerspaces at their respective schools, the Burlington School District announced today. Schools nationwide applied for the grant, which will be used to design a space where people can go to create, invent and learn in a do-it-yourself and hands-on setting.

ECI employees contribute $10,800 to three local charities

Thu, 01/12/2017 - 11:01am -- Denise Sortor

Vermont Business Magazine Engineers Construction (ECI) announced today that its employees contributed $10,800, divided equally among three local charities - Make-a-Wish Vermont, Camp Ta-Kum-Ta, and Vermont National Guard Charitable Foundation. ECI employees have a history of making charitable contributions during the holiday season and this is the largest contribution by its employees to date.

Logic Supply releases 4G LTE modem for industrial PCs

Thu, 01/12/2017 - 9:14am -- tim

Vermont Business Magazine Logic Supply, based in South Burlington, has released its new, embedded “Extrovert” modem, which it says fills the market demand for pre-certified 4G LTE connectivity for industrial PCs. It markets it as a pre-certified, out-of-the-box solution that overcomes expense, time, and expertise barriers to carrier connectivity.

TV series on Vermont's local food movement on Vermont PBS starting Jan 19

Thu, 01/12/2017 - 6:50am -- Denise Sortor

Vermont Business Magazine Vermont PBS and The Skinny Pancake are pleased to announce The Local Motive, a new, six-part television series that explores Vermont’s Farm to Plate food system, the most comprehensive local food system plan in the country. The Local Motive will air on Vermont PBS starting Thursday, January 19, 2017.

Green Mountain College announces $200,000 Sustainability Scholarship Award

Thu, 01/12/2017 - 5:28am -- tim

Vermont Business Magazine Attention, high school seniors: The most pressing challenges of our time await your innovative solutions. Green Mountain College, the nation's number-one college for sustainability based education, wants to empower you to make a better world. The college has announced a new First in Sustainability Scholarship Award for one student who is passionate about ensuring social, economic and/or environmental sustainability. The winning student will receive free tuition, room, board and fees for all four years at Green Mountain College—a total value of $200,000. 

Sterling College dean to run 500-mile climate change trek

Thu, 01/12/2017 - 3:42am -- tim

Vermont Business Magazine Environmentalists are nervous about climate change protections being rolled back under the incoming United States administration. However, Pavel Cenkl, Associate Dean of Academics at Sterling College in Vermont, will be expressly addressing climate change deniers as he sets out this August to attempt a record-setting 12-day, 500-mile solo run across Scandinavia. This run, dubbed “Climate Run 2017: Arctic Trail,” will both highlight what climate change has wrought and inspire conversations and action around climate change.