Current News

by tim

Tuesday, August 01, 2006

Contacts: Jason Gibbs, Office of the Gov.,
(802) 828-3333
John Fairbanks, VHFA, (802) 652-3424

GOV.
DOUGLAS, VHFA LAUNCH NEW $10 MILLION AFFORDABLE HOMEOWNERSHIP PROGRAM

Agency
partners offer new job-loss protection and low-cost mortgage insurance products

Burlington,
Vt. — Governor Jim Douglas
joined with Vermont Housing Finance Agency (VHFA) today to announce the
Agency’s new $10 million mortgage loan initiative to help consumers find affordable
homeownership, and the Agency also rolled out two new insurance products being
provided to VHFA borrowers by the Mortgage Guaranty Insurance Corporation
(MGIC).

The announcements were made at a press conference attended by the
Governor, VHFA Executive Director Sarah Carpenter

by tim

VILLAGE VENTURES AND FRESHTRACKS CAPITAL ANNOUNCE $1 MILLION INVESTMENT IN MOPHIE"
Vermont-based venture capital fund finances investment in Burlington-based iPod Accessories firm founded by 19-year old serial entrepreneur
(Middlebury, VT 8/1/2006) - FreshTracks Capital, L.P. (FreshTracks), a Middlebury-based venture capital fund focused on investing in Vermont growth companies, announced its investment in mophie" of Burlington, VT. FreshTracks joined majority investor, Village Ventures, a Williamstown, MA based venture capital firm.
Together, the syndicate invested one million dollars in the company, with an additional amount to be invested in the near future. mophie" is a developer of innovative, value-added solutions for the digital lifestyle accessory market, currently focusing on iPod accessories. mophie" was founded by Ben Kaufman, a 19-year old entrepreneur while he attended high school on Long Island, NY.

by tim

Dugan named Deputy Commissioner of
Housing and Community Affairs

MONTPELIER, Vt. – The
head of the state’s Community Development Program has been named Deputy
Commissioner of the Department of Housing and Community Affairs.

Molly Dugan, who has worked in the
department since 2001, will take over the position on August 21, said DHCA
Commissioner John Hall.

“I am very excited to have
Molly moving into this position,” Hall said. “She has been an
outstanding leader at the Vermont Community Development Program, and I’m
sure that she will continue her success as deputy of the entire
department.”

Dugan, 38, of Richmond,
is a 1990 graduate of the University
of New Hampshire, where
she majored in Resource Economics and Political Science. She received her
Master of Public Administration from the University of Vermont
in 1996.

by tim

Williston, VT - Child Care Resource of Williston was recently awarded full accreditation by the Quality Assurance Program (QAP) of the National Association of Child Care Resource and Referral Agencies (NACCRRA). The Chittenden County agency was recognized at a regional NACCRRA meeting in Albany, NY and again in Washington, DC. QAP is a national, voluntary, quality assurance system for community child care resource and referral programs. The program is designed to ensure that families across the country have access to consistent, high-quality consumer education and referral services. Kathie Mercia, Director of Subsidy, Resource and Referral, headed up the two-year accreditation process.

by tim

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Timothy McQuiston
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news release
[email protected]
Costello, Stephen
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by tim

BURLINGTON, Vt.--Champlain College has appointed Laryn D. Runco, JD, as the Colleges new admission director. Runco comes to Champlain with 13 years of experience directing admission and enrollment at John Carroll University in Ohio. She also has a background in marketing, human resources and business development.
At John Carroll University, Runco led admission efforts to increase quality and diversity in enrollment. While directing a successful enrollment management operation, she formulated strategic plans, managed a staff of 11 and oversaw a budget in excess of $1 million. She earned a bachelors degree in Spanish and minor in economics from John Carroll University, and she earned a law degree from the University of Akron.

by tim

As your teens grow older and come closer to adulthood however, it just becomes important to teach them how to be responsible and independent. This is especially
true during the teenage years because much of what they learn about the value of hard work, responsibility, and money during this time will shape their adult
behaviors.
Teaching a child the value of money is not all that difficult and you can start rather early. Something as simple as having a "piggy bank" is great way to teach children
how to save early on in life. It's a first step towards them learning how to not squander money on small things but rather to save for something more important such as
a car, their college education, a home, or for the "rainy days."
It is pretty well known that something given to you rarely has as much value as when you've worked to get it. A sure way of not instilling these values in your children

by tim

Foveon X3(R) direct image sensor in the Sigma SD10 digital SLR can capture all RGB colors at each and every pixel. The revolutionary design of Foveon X3(R) direct image sensor features three layers of pixel sensors Using three silicon-embedded layers of pixel sensors, stacked to take advantage of silicon's ability to absorb red, green, and blue light at different respective depths, the Foveon X3(R) direct image sensor can thereby directly capture full color and detail at each and every pixel location, without interpolation.
With the RAW data recording system of the SIGMA SD10, it is possible to obtain high picture definition and compact file size. The lossless compression system of RAW data, eliminates image deterioration, provides superior pictures, without sacrificing original image quality and retains full image capture details.

by tim

BURLINGTON, Vt.--This summer, Champlain College is unveiling a new graphic identity that uses a traditional symbol to convey the Colleges history, academics, innovation and location in a distinct way.
Champlain Colleges primary signature is composed of the wordmark Champlain College and a stylized crest, which includes Champlains founding year, 1878, and the rolling Green Mountains of Vermont. The Colleges innovative character is depicted by a lively swash of white across the crest. Champlains reputation for academic excellence is portrayed with an open book, set upon a blue background that represents its proximity to Lake Champlain. The blue and green have been used as Champlain College colors in the past.
I am confident that this new logo will convey the academic tradition and some of the core attributes that make Champlain College the institution it is today, and what it can become in the years ahead, said President David Finney.

by tim

Randolph, VT- July 20, 2006 Growing Your International Business: Successful Export Strategies for Manufacturers, sponsored by VMEC, is a unique seminar focusing on CEO-level issues and management challenges related to international growth.
The seminar will be held Wednesday, August 2, 2006; 9:00 a.m. 2:00 p.m. at the DoubleTree Hotel on 1117 Williston Road, So. Burlington, VT. Cost of the seminar is $150 per attendee and is open to the public.
Attendees will gain knowledge from recent research and nationally-recognized expert speakers, including case examples of Vermont companies that are successfully growing globally. The program provides a special opportunity to network and ask questions of company executives and professionals from VMEC, VT Global Trade Partnership, US Export Assistance Center, Small Business Administration (SBA), Small Business Development Center (SBDC), New England Trade Adjustment Assistance Center (NETAAC), and other partners.

by tim

Thursday, July 20, 2006
Montpelier,
Vt. – Senate President Pro
Tem Peter Welch, Speaker of the House Gaye Symington and Governor Jim Douglas
today announced their appointments to the Next Generation Commission.

The 9-member commission, the product of an agreement between the Legislature
and the Governor, is charged with recommending how best to invest $5
million in programs to address Vermont’s
emerging demographic challenges. The commission will also develop a plan to encourage
Vermonters to live and work in Vermont.

by tim

July 19, 2006
Secretary
of Transportation Terrill to Step Down
Douglas Appoints Lunderville
to Post

Montpelier, Vt. – Secretary of Transportation Dawn Terrill will
be returning to the private sector to run a small company that she and her
husband are planning to acquire, and former Secretary of Civil and Military
Affairs Neale Lunderville will step
into the post, Governor Jim Douglas announced today.

Governor Douglas praised Terrill for her service and commitment to Vermont.
“Dawn is an excellent administrator who has done a great job working to
strengthen our transportation agency and the network of roads, bridges and
railways that have helped our economy to grow and our employers to create more
jobs. She has been a valuable member of my team and I wish her all the
best in her next venture.” Douglas
said.

“It