Current News

Vermont Business Magazine - Vermont State Treasurer Beth Pearce today announced a new initiative to double the capacity of an agreement between the Vermont Office of the State Treasurer and the Vermont Community Loan Fund (VCLF) that will increase investments in local foods, farm, forestry, and affordable housing programs.

“Investing in Vermont is a good deal for taxpayers. By stimulating local economic development, we create jobs and vibrant communities,” said Treasurer Pearce. “Vermont Community Loan Fund has a proven track record of helping support our farm and forest product sectors. By doubling our lending capacity agreement, we strengthen our State’s commitment to food, farm and forest product entrepreneurs.”

Vermont Business Magazine The Vermont Economic Development Authority (VEDA) has announced two staff promotions in its agricultural lending program, the Vermont Agricultural Credit Corporation (VACC).  "We are delighted that two of our very talented staff members have agreed to take on more responsibilities in the important work of providing loans to Vermont farmers and agricultural businesses," said Jo Bradley, VEDA's Chief Executive Officer.

Vermont Business Magazine Here is the list of bills passed by the Legislature and signed or vetoed by Governor Shumlin. All bills passed during the 2016 Legislative session were acted upon by the governor by June 15.

by Mike Smith Opinions are certainly mixed. Some writers and political observers have concluded that FBI Director James Comey handed Hillary Clinton a political gift when he announced last Tuesday he would not recommend pursuing criminal charges against the presumptive Democratic presidential nominee. Others disagree because Comey described Clinton’s handling of sensitive electronic material as “extremely careless,” calling into question both her ever-shifting description of events and her management ability. It rekindles discussions about her truthfulness and judgment.

Vermont Business Magazine - Travel + Leisure Magazine announced today that New Life Hiking Spa has won the coveted spot as the number one domestic destination spa. The announcement was made by Travel + Leisure Magazine this morning and will be featured in the August issue of Travel and Leisure that hits the newsstands on July 15th.

Founded in 1978 by Jimmy LeSage, M.S., New Life Hiking Spa is the spa-world's truly authentic, low-key wellness getaway. This award winning hiking spa program is offered just 20 weeks a year, when hiking is at its peak in Vermont. Three levels of professionally guided hikes are offered each day to accommodate every level of fitness among the guests. From nature walks to hiking up some of the highest peaks in Vermont, New Life Hiking Spa provides beautiful scenery and exercise in the fresh mountain air.

Vermont Business Magazine Eric D Green, independent Monitor of Bank of America's August 20, 2014, mortgage settlement with the US Department of Justice and six states, has announced the distribution of $720,406 to the Vermont Bar Foundation, as mandated under the settlement, to provide legal assistance in foreclosure prevention and community redevelopment.

The Foundation, headquartered in Montpelier, is one of 56 state-based legal-assistance organizations receiving funds under the settlement, which settled legal claims arising from mortgage-related activities by Bank of America and its subsidiaries. A distribution was made earlier to NeighborWorks America, a national, congressionally-chartered nonprofit organization that provides training and support for community-based redevelopment programs in the United States and Puerto Rico.

Vermont Business Magazine With a rainbow greeting early starters and showers throughout the day, more than 4,500 participants and some 1,200 volunteers welcomed a cool day in Hanover, NH, to raise more than $3 million for cancer care and research in the Prouty, Northern New England’s largest charity fundraiser. People from all over the country come together every July to raise funds through a wide range of activities for people whose interests run from golf to cycling 100 miles for two days in a row. Participants pitch in by walking or cycling through neighborhoods and roads in New Hampshire and Vermont, rowing on the Connecticut River, or hitting the links at the Hanover Country Club. It all supports Dartmouth-Hitchcock Norris Cotton Cancer’s innovative research and ways to ease the journey of cancer patients and their families with such efforts as support groups, art and writing programs, a comfort cart, a resource library and gas cards.

Vermont Business Magazine - College of St Joseph receives a $2.2 million Title III grant from the U.S. Department of Education to help renovate the Giorgetti Library. Giorgetti Library is the hub of College of St Joseph’s academic community. It’s where students spend hours studying and exploring the numerouselectronic databases for research materials, and where faculty and staff meet to share ideas and develop new programs.

Throughout the years, the Library has grown in response to the needs of the times, including updating its print collection and developing its digital resources. Now, it’s going to have a new look as well.

Vermont Business Magazine - Business owners and marketing teams alike are inundated with many new and old marketing strategies, platforms, and media channels. RetroMotion Creative, a Vermont-based digital marketing agency, doesn’t want small businesses to get left behind or feel frustrated. To simplify the process, RetroMotion Creative has just launched several managed service packages to give businesses a boost in leads. These packages were developed and perfected by Retro’s seasoned marketers.

RetroMotion Creative packages digital marketing services so that clients don’t have to guess which services they should purchase in the midst the multitude of marketing options. A package of services allows Retro’s clients to feel confident in their strategy and, ultimately, return on investment.

Vermont Business Magazine Norwich University has received a grant for more than $72,000 from the National Science Foundation, with support from the National Security Agency, to lead a weeklong summer camp on cybersecurity for rising high school juniors and seniors. Dubbed GenCyber@NU, the comprehensive program is free to all participants and will be taught by standout Norwich faculty and alumni.

Twenty-one students will dive into the fields of cybersecurity and cyberdefense. The pre-college program will be held July 17-23 and is designed for students interested in information security, digital forensics, cyberattack defense, and personal online protection.

by Tom Hughes EIV At a press conference in Montpelier Thursday, Energy Independent Vermont released data from a survey of likely Vermont voters. The poll found deep and broad support for action to address global warming. The poll of 600 likely voters also asked for a preference in the governor's race. The poll found Lieutenant Governor Phil Scott (68 percent) with a commanding lead over businessman Bruce Lisman (23 percent) for the Republican nomination. On the Democratic side, former Transportation Secretary Sue Minter (36 percent) held a narrow lead over former state Senator Matt Dunne (31 percent). The primary election is August 9 and the general election is November 8.

Vermont Business Magazine Governor Peter Shumlin today announced the appointment of Gregory Glennon to replace Judge Susan Fowler to the Probate Division of the Chittenden Unit of the Superior Court. “Greg’s commitment to public service, understanding of state and local government, and his experience combined with his fresh perspective will make him a very strong addition to the probate bench,” Shumlin said.

Glennon, who lives in Burlington, currently serves as general counsel to the Agency of Education. Previously, he was in private practice at the South Burlington law firm of Kirkpatrick and Goldsborough, where his practice included probate litigation and family law matters. He has also served as an assistant district attorney in Suffolk County, MA, and as a legal counsel to the Massachusetts House of Representatives.