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SBA expands eligibility for 7(a) loans as part of recovery plan

Fri, 05/15/2009 - 6:35am -- tim

More small businesses will be eligible for U.S. Small Business Administration-backed loans, meaning greater access to much-needed capital in this tough economy, as a result of a temporary alternate size standard for the agency's largest lending program.
SBA s alternate size standard for its 7(a) loan program will go into effect early next week through Sept. 30, 2010. As a result of the temporary change, more than 70,000 additional small businesses including auto and RV dealerships, auto industry suppliers and others could be eligible to apply for SBA 7(a) loan.

UVM names interim provost, interim business school dean, dean of graduate college

Fri, 05/15/2009 - 6:12am -- tim

University of Vermont president Daniel Mark Fogel announced three key appointments Friday. Jane Knodell, associate provost for budget and capital planning, has been named interim provost; Domenico Grasso, dean of the College of Engineering and Mathematical Sciences, has been tapped for the position of vice president for research and dean of the Graduate College; and Larry Shirland, professor and associate dean for undergraduate programs in the School of Business Administration, will be interim dean of that school.

Free EXPO registration ends today

Fri, 05/15/2009 - 5:59am -- tim

Join the Vermont Chamber of Commerce in celebrating the 25th anniversary of the Vermont Business and Industry EXPO.  The May 20 & 21 trade show presents a line up of seminars, special events and award ceremonies.  Check the schedule of events below and register today for the region's largest B2B trade show!
Wednesday, May 20:
8 a.m. KPMG/Northfield Savings Bank Business Breakfast - Kick off EXPO with Vermont REAL and Flashbags
10 a.m. EXPO Opening Ceremonies - Governor James Douglas will present the Deane C. Davis Outstanding Business of the Year Award

National Life's Michele Gatto named president of national legal group

Thu, 05/14/2009 - 10:12am -- tim

At its recent annual meeting in San Diego, the Association of Life Insurance Counsel (ALIC), elected Michele S. Gatto as its 81st President.   Founded in 1913, the ALIC is the bar association for lawyers in the life insurance industry.  Gatto is Executive Vice President Corporate Services and Chief Legal Officer of National Life Group in Montpelier, Vermont.

$22 million in stimulus funds targeted for VT renewable energy program

Thu, 05/14/2009 - 10:02am -- tim

Governor Jim Douglas announced today that the Department of Public Service has filed the State s application for $21,999,000 allocated for the State Energy Program under ARRA (the Federal stimulus bill). This money will added to $7 million dollars of State funds available to the Clean Energy Development Fund (CEDF) to provide grants and loans for renewable energy projects such as solar photovoltaic, wind turbines, methane digesters (cow power), and other biomass.

US House passes green school bill, VT to get $14 million

Thu, 05/14/2009 - 9:57am -- tim

US House passed a bill today that would invest $6.4 billion in school modernization, renovation and repairs in fiscal year 2010. The vote was 275-155. The bill authorizes $14 million in funding to Vermont schools.
HR 2187, the 21st Century Green High-Performing Public Schools Act, would require that the majority of funds be used for projects that meet green building standards.

CCTV celebrates 25 years of public access TV

Thu, 05/14/2009 - 7:57am -- tim

CCTV Center for Media & Democracy celebrates 25 years of public access television with a gala event at the Burlington Boathouse on June 13 at 6 p.m.  CCTV first aired in 1984 on Vermont's first public access cable channels.  Since then, CCTV has supported the development of access across the state (23 centers operate 42 channels), launched and operates Channel 17/ Town Meeting TV in Chittenden County, and delivers communications strategies and services for Vermont nonprofits.  

Vermont high school teams compete Friday for Reserve Cup Championship

Thu, 05/14/2009 - 7:56am -- tim

The State Treasurer s Office, in partnership with the Federal Reserve Bank of Boston, is holding the first-ever statewide high school competition to select a Vermont champion to compete this fall in the 4th Annual Reserve Cup competition in Boston. The purpose of the competition is to promote student interest in and knowledge of personal finance, economics and consumer affairs topics. Four-person student teams will compete against each other in a quiz-show style contest that tests individual and team knowledge.

Price Chopper announces grand opening of a 24-hour supermarket in Colchester

Thu, 05/14/2009 - 7:49am -- tim

Neil Golub, Price Chopper's President and CEO will be joined by Jerry Golub, EVP & COO for the company, Tony Pomerleau, Pomerleau Real Estate, Al Voegele, Town Manager, Dick Paquette & Marc Landry, Selectmen, and other town officials to cut the ceremonial ribbon May 19 to officially open the new 24 hour Colchester store at Porters Point and Prim roads. The new location for Price Chopper represents an area in the Burlington market that will fill in a void in the company's marketing coverage.

New program to help start, expand businesses

Thu, 05/14/2009 - 7:08am -- tim

Today, Secretary of State Deb Markowitz, along with the Darcy Carter, director of the Vermont office of the Small Business Administration (SBA), and Linda Rossi, Assistant Director of the Vermont Small Business Development Center (VtSBDC) unveiled Community Business Connections, an important project designed to create new jobs by helping Vermonters start and expand businesses.