Current News

Vermont Business Magazine The Vermont Agency of Agriculture, Food & Markets (VAAFM) welcomes applications from Vermont agricultural and forestry businesses for Trade Show Assistance Grants (TSAG). These grants provide businesses with funds to exhibit and sell their Vermont products at trade shows targeting out-of-state buyers. These matching grants can partially offset the expenses associated with exhibiting at trade shows. Trade shows provide excellent opportunities to network with wholesale buyers and expand into new domestic and international markets. The Working Lands Enterprise Initiative has allocated $50,000 to support Vermont businesses through these Trade Show Assistance Grants

Vermont Center for Emerging Technologies Today we sit down with Jed Kalkstein, President and CFO of VCET portfolio company GPMS International whose hardware and software keeps high value aircraft and industrial engines operating safely and reliably.

Vermont Business Magazine On Monday, December 4th, Senator Peter Welch (D-VT) will join the United States Institute of Peace’s Congressional Newsmaker Series for a conversation exploring his views on critical foreign policy issues, including stability in the Western Balkans, rising authoritarianism in Central and South America, Russia’s war in Ukraine, and the conflict in the Middle East.

Northeastern Vermont Development Association The Twin States Clean Energy Link, proposed by National Grid, will deliver clean affordable energy connecting Quebec with the New England grid. The proposed transmission line would be buried along state roadways from Canaan to Lunenburg then cross under the Connecticut River into Dalton and continue through Littleton into Monroe. From there it would join an existing overhead transmission line upgraded to deliver power to the wide New England energy grid. Governor Phil Scott said, "This project represents a great opportunity for Vermont and the Northeast Kingdom." 

Vermont Business Magazine Ben & Jerry’s Waffle Lotta Good was a two-week scoop shop social activism program launched on October 3, 2023. Fans were encouraged to help Ben & Jerry’s do a ‘Waffle Lotta Good’ by purchasing a waffle cone with Waffle Lotta Good cone wrappers at local scoop shops. Frozen Solutions provided custom cone wrappers for the inaugural scoop shop program. For every waffle cone that fans purchased in a Ben & Jerry's scoop shop from October 3 to 17, Ben & Jerry’s donated $1 to this year’s recipient, Advancement Project. Advancement Project is a long-standing partner of Ben & Jerry's, working together to promote racial justice and reform the criminal legal system. The initiative raised $100,000 for Advancement Project, to support their work to end systemic racism and ensure a just and equitable future for everyone.

Vermont Business Magazine The Vermont Community Foundation announced today that it has granted or committed $11.8 million of the nearly $12.4 million in flood relief funds it has raised so far to help the state recover from one of the worst weather events in Vermont history. The VT Flood Response & Recovery Fund 2023, created by the Foundation immediately after torrential flooding walloped the state on July 10, has now awarded $6.2 million in grants and committed another $5.6 million to assist Vermont through the next phases of recovery, with more to come.     

Vermont Business Magazine Zenbarn Farms, a mission-driven social equity company in Waterbury, has announced the planned acquisition of Vermont Patients Alliance (VPA) and all Vermont assets currently operated by Curaleaf. This acquisition includes a medical dispensary in Bennington, a Medical/Recreational dispensary in Montpelier, and a state-of-the-art hybrid greenhouse cultivation and manufacturing facility. VPA, one of the original medical cannabis companies in Vermont, was previously purchased by Grassroots (Chicago) and then by Curaleaf. Zenbarn Farms plans to utilize the new facility to produce premium-quality cannabis using organic, sustainable, and regenerative agricultural practices.

Vermont Business Magazine The Vermont Farm & Forest Viability Program (Viability Program), a program of the Vermont Housing & Conservation Board, has grant awards available for on-farm capital improvement projects that have a positive impact on water quality. The awards are funded through the State of Vermont Water Quality Bond, and eligible farm businesses can apply for $5,000 to $50,000 in funding, an increase in the maximum award from prior years. Applications are due by January 19, 2024.

The State Auditor’s Office has been monitoring rulemaking conducted by state agencies in accordance with new or amended statutes between 2018 and 2022, and examining how the process could be improved. The topic of rulemaking may sound boring, or like “inside baseball,” but rulemaking is often the most important aspect of implementing the Legislature’s highest policy priorities. We found that legislative rulemaking provisions appeared in inconsistent ways: some included deadlines for adoption while others did not; some required agencies to provide committees with status reports while others did not. Executive branch compliance with those provisions was erratic: some rules simply had not been drafted let alone adopted, and others were adopted later than required. Information about rulemaking requirements was also challenging to find – no single place included information about which rules are due and by when, nor was there a single repository of all information related to a specific rule. 

Vermont Business Magazine Charbone Hydrogen Corporation (TSXV:CH), through its fully owned US subsidiary, Charbone Corporation USA, has executed a Memorandum of Understanding as of November 27, 2023, with NEK Community Broadband CUD for the supply of green hydrogen in the Northeast Kingdom of Vermont. It is to be used to provide the necessary back-up power to the extensive NEK Broadband new internet network under construction. Charbone USA and NEK Broadband will pursue the negotiation to an agreement that will define the green hydrogen price at the gate, annual required volumes and the general terms and conditions pertaining to such agreement. Charbone will have the ability to supply green hydrogen from its nearest facility. Charbone’s first project at Sorel-Tracy (Quebec, Canada), which is under construction and planned to be in production in the first semester of 2024, could be the source plant. 

Okemo Valley Regional Chamber of Commerce It has been a very challenging time for the Okemo Valley region, but we wanted to update everyone on the tremendous progress that has been made since the devastating floods in July. To reopen, some businesses received grants from the Okemo Valley Disaster Fund (a collaborative effort of the Okemo Valley Chamber, fiscal agent Ludlow Rotary Club Foundation, and partners from the region), FEMA, through the state, and disaster loans from the Small Business Administration (SBA), while others used their own crowdfunding.

Bromley Mountain Resort Thank you again to those who came out to ski and ride with us for Opening Weekend. We're looking forward to getting back out there this weekend with expanded terrain. The snowmaking crew has had a busy week! They've been capitalizing on cold temps and blowing snow all over Corkscrew, Lower Boulevard, Spring Trail, Route 100, West Meadow, Upper and Lower Twister, and the Learning Zone. This weekend we plan to open with the 8 trails listed above, being serviced by the #1 Sun Mountain Express and the #5 Alpine Chair from 8:30am-4:00pm. Reminder: Midweek passes are valid on weekends until the mountain begins daily operations on 12/8.