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Jane’s Trust grants $80,000 to CVOEO to support financial empowerment for new Americans

Wed, 07/12/2017 - 3:47pm -- tim

Vermont Business Magazine So how does a program like Financial Futures get from interpreted financial capability classes on site to the “Financial Empowerment for New Americans Project?” Start by building on a grant-funded project in 2015/16 through the Refugee Targeted Assistance Program with the goal of developing the financial capability of refugees and asylum seekers, then add staff participation in IDEO’s Human-Centered Design course, then strengthen existing and forge new partnerships.

FirstLight to acquire 186 Communications

Wed, 07/12/2017 - 3:34pm -- tim

Vermont Business Magazine FirstLight, a leading fiber-optic bandwidth infrastructure services provider operating in Vermont and across the Northeast, announced today that it has entered into a definitive agreement to acquire Nashua, NH-based 186 Communications. The transaction will combine 186’s high-capacity fiber network in Massachusetts, New Hampshire and Vermont with FirstLight’s expansive fiber network and complete portfolio of data, Internet, data center, cloud and voice services.

GOTRVT wraps up its 18th season with strong local impact

Wed, 07/12/2017 - 3:00pm -- Denise Sortor

Vermont Business Magazine Each spring Girls on the Run Vermont (GOTRVT) offers a 10-week empowerment program for Vermont girls in grades 3-8. Though its program is seasonal, Girls on the Run Vermont as an organization works the entire year to strengthen its impact locally – striving to expand its mission and reach as many Northern Vermont girls as possible in the upcoming season.

Burlington Telecom warns of federal threat to net neutrality

Wed, 07/12/2017 - 2:23pm -- tim

by Stephen Barraclough, General Manager, Burlington Telecom Right now, a battle is raging at the Federal Communications Commission (FCC) as the country’s large, incumbent telecommunications firms try to undo key customer protections that prevent American internet customers from facing new fees, website blocking, and traffic throttling. However, not all telecom providers feel the same.

FreshTracks Capital invests in luxury organic skincare company, Ogee

Wed, 07/12/2017 - 12:54pm -- tim

Vermont Business Magazine FreshTracks Capital announces its investment in Ogee, a Vermont-based company that makes luxury organic skincare and beauty products. This is the fifth company investment from FreshTracks Capital’s newly launched investment fund, FreshTracks IV, which opened in December 2016. FreshTracks led the $1 million round of financing for Ogee to provide growth capital and help the company expand its business.

People's United Foundation awards over $80,000 in statewide grants

Wed, 07/12/2017 - 12:45pm -- tim

Vermont Business Magazine The People’s United Community Foundation, the philanthropic arm of People’s United Bank, announced Wednesday that it awarded $82,500 during its second grant cycle of 2017 to nonprofit organizations throughout Vermont. Fifteen organizations received funding in support of activities that ranged from basic needs services and affordable housing initiatives, to education and workforce development programs. Recipients included Champlain Valley Office of Economic Opportunity, Easter Seals Vermont, New England Kurn Hattin Homes, Samaritan House, Sara M.

Schubart: Burlington College, politics or governance failure?

Wed, 07/12/2017 - 12:40pm -- tim

by Bill Schubart I’ve been watching the national effort to politicize Burlington College’s demise and am saddened by the venality of our politics and our dangerous ignorance of non-profit governance. It’s endemic in Vermont, where too many of our major non-profits have limped through a decade or two of unreviewed leadership performance, mission decay, and disconnection from constituents because their boards have no idea what the obligations and liabilities of board members are or even what board service means.

Stewart Pond dam altered without permit, owner fined $9,750

Wed, 07/12/2017 - 12:32pm -- tim

Vermont Business Magazine The Agency of Natural Resources announced Wednesday that Suzanne Reider of Goshen was fined $9,750 for making alterations to Stewart Pond Dam before obtaining necessary authorization from the State. Dams, even small dams for backyard ponds, are significant structures that can have major public safety and environmental implications. As a result, dams are regulated by a variety of federal, state and local laws.

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