Current News

Vermont Business Magazine LaunchVT, a division of the Lake Champlain Chamber, has selected seven Vermont startups that will participate in its 2022 Accelerator. This is the tenth cohort to come through LaunchVT’s flagship program. Over the past nine years, LaunchVT has provided business development support, strategic coaching, and over $859,000 in cash and services to accelerate 64 Vermont startups statewide. Entrepreneurs in the LaunchVT cohort will work with a dedicated business coach and strategic advisors to address their startup’s most pressing needs.

​Vermont Business Magazine SUPERPLASTIC, the world’s leading creator of animated celebrities, vinyl art toys, and digital collectibles announced today the release of a collaboration with Yuga Labs to bring one of the biggest and most well-known names in the NFT space, Bored Ape Yacht Club (BAYC), to its community. The partnership features vinyl art toys expertly produced by Burlington-based SUPERPLASTIC based on the caricatures used by the exclusive society that has been heralded by celebrities and tastemakers alike. BAYC has cemented itself as a key player in the rapidly evolving world of NFTs with real-world utility

Vermont Business Magazine The Upper Valley MedTech Collaborative is hosting a MedTech Pitch Competition on April 27th at 5pm at the Lebanon Opera House in Lebanon, New Hampshire. Six MedTech companies will deliver their best pitch for their medical innovation to panel of experience judges and a live audience. The winner will receive $10,000 of non-dilutive funding. Admission to the event is free and open to all. Proof of vaccination is required to attend. A reception will follow the pitch at 7:30 PM.

Vermont Business Magazine On Thursday, April 28, all Brownington community members are invited to join a free community-wide dinner, live music, and the opportunity to play a key role in developing new ideas for the future of Brownington and work towards achieving a vibrant, prosperous, and dynamic future. This is the first of a three-part series of facilitated discussions to engage members of the community to brainstorm ideas and identify top priorities for the town. Residents are encouraged to join the process to share their thoughts for the future and play an active role in implementing actionable steps and progressive change for Brownington.

by Mike Donoghue, Correspondent, Vermont Business Magazine The United States Attorney’s Office announced that William Stenger, 73, of Newport, Vermont, was sentenced today to 18 months in prison by Chief Judge Geoffrey W Crawford in United States District Court. Crawford also ordered a 3-year term of supervised release and ordered Stenger to pay $250,000 in restitution. Today’s sentencing follows Stenger’s August 2021 guilty plea to a felony count of knowingly and willfully submitting false documents to the Vermont Regional Center in connection with his involvement in the Jay Peak Biomedical Research Park EB-5 investment project, also called the AnC Vermont project. This is six years to the day that federal agents raided the offices at Burke Mountain and Jay Peak Resort, of which Stenger was president.

​Vermont Business Magazine Today, Main Street Alliance (MSA) and Vermont Businesses for Social Responsibility (VBSR) announced their endorsement of Vermont’s Child Care Campaign, affirming their support for public investment in a child care system that meets the needs of all Vermont children, families and businesses. Launched in 2021, Vermont’s Child Care Campaign empowers Vermonters to advocate for the policy change and public investment needed to sustain a high-quality child care system.

by Timothy McQuiston, Vermont Business Magazine The Vermont Department of Health today is reporting 327 cases of COVID-19 for Wednesday (297 Tuesday, 157 Monday, 100 Sunday, 186 Saturday, 233 Friday, 243 Thursday, 216 Wednesday, and 219 last Tuesday.) The VDH reported no additional deaths this week for 623 statewide. As cases have risen over the last couple weeks, Chittenden and Washington have reported both the most total and the highest rate per capita. Officials urge those who take a COVID home test to report those results whether positive or negative.

Vermont Business Magazine Financial Regulation Commissioner Michael S Pieciak today announced that he has approved the first-ever payment from Department of Financial Regulation’s (DFR) Victim Restitution Fund. Under recent legislative authority, Act No. 57 of 2019, the Fund allows DFR to pay securities fraud victims a portion of their losses when full restitution is not paid by the perpetrator of the fraud. Monies in the fund are derived from settlements in DFR enforcement cases. Early in the pandemic, a Vermont resident was defrauded of $21,250 by William J. Therieau, an unregistered individual purporting to be an investment professional.

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Vermont Business Magazine The Vermont Law School (VLS) Board of Trustees today announced that it has named Rodney A Smolla incoming VLS president. The higher education leader and legal educator, litigator, scholar, and author will become the school’s president on July 1. Professor Smolla’s appointment represents the first in a series of personnel and operational transformations called for in a board-adopted strategic plan aimed at elevating the school’s world-renowned environmental program and first-of-its-kind restorative justice program, and growing enrollment and institutional reputation by appealing to a wider audience of prospective students and donors.

Vermont Business Magazine Vermont Electric Power Company Board Chair Larry Reilly and President and CEO Tom Dunn announce the elections of Maura Collins as Board member, Jaime Smyrski as Corporate Secretary, and Colin Owyang as Chief Operating Officer. These elections were unanimously approved by the company’s Board of Directors on April 14, 2022.

Vermont Business Magazine The Vermont Bond Bank hosted the first Vermont Capital Planning Forum on April 7th and April 8th. Extraordinary resources and extraordinary unknowns face Vermont’s towns and school districts in the post-pandemic era. The Bond Bank sought to highlight the importance of the capital plan in making a community’s vision tangible while also prudently using citizen resources.