Current News

Vermont Business Magazine Contracts to develop an Economic Development Marketing Plan for the State of Vermont have been awarded to Spike Advertising of Alburgh, Vermont and Development Counsellors International (DCI) of New York, NY, as announced today by the Agency of Commerce and Community Development (ACCD). The contract awards, which totaled $60,000, are the result of a competitive bid process following a request for proposals (RFP) to procure consulting services to develop a strategic and tactical economic development marketing plan to promote Vermont as a great place to live, work and do business. There were 13 bidders. The two firms will be working collaboratively to create one final Economic Development Marketing Plan.

Vermont Business Magazine US Senator Bernie Sanders on Thursday welcomed the endorsement of the Communications Workers of America. CWA’s endorsement comes after tens of thousands of members participated in an online vote that lasted six weeks. Sanders, an Independent in the Senate, is running for president as a Democrat. His chief rival is former Secretary of State Hillary Clinton. CWA represents 700,000 Americans who work in telecommunications and information technology, the airline industry, news media, broadcast and cable television, education, health care and public service, law enforcement, manufacturing and other fields. The union has more than 300,000 active and retired members in the states that will hold primaries between now and April 1.

by Mike Faher/The Commons Last month, state officials launched the equivalent of a Hail Mary pass in their attempt to curb spending of the Vermont Yankee decommissioning trust fund. Now, Nuclear Regulatory Commission staffers and Entergy administrators are playing defense, deploying a variety of unflattering terms – “duplicative,” “impermissible,” “alarmist,” “meritless” and “vague,” to name a few – to urge the NRC’s commissioners to reject Vermont’s trust fund petition. Both the federal agency and the energy company take pains to say the scenario state officials are imagining – exhaustion of the Vermont Yankee trust fund before radiological cleanup is finished at the Vernon plant – simply won’t happen.

“The commission’s regulations are specifically structured so as to prevent this scenario,” the NRC’s filing says.

Vermont Business Magazine The Robert Wood Johnson Foundation (RWJF) today announced that the Vermont Action Coalition is receiving a second two-year grant through the Future of Nursing State Implementation Program (SIP). The $8.85 million initiative is helping states prepare the nursing profession to promote healthy communities and address our nation’s most pressing health care challenges: access, quality, and cost. Vermont is one of seven states that will receive a second two-year grant of up to $150,000; the others are Alabama, Maryland, Nevada, Ohio, South Carolina, and Virginia. In addition, RWJF announced that Oregon is joining the SIP program this month, bringing the number of state Action Coalitions it supports to 34.

Vermont Business Magazine Governor Peter Shumlin cut the ribbon Monday and officially reopened the newly renovated and state-of-the-art Waterbury State Office Complex that was heavily damaged in 2011 when the Winooski River overflowed its banks during Tropical Storm Irene. The new, $130 million complex was built to weather a 500-year storm. The first state employees will begin moving into the Office Complex next week. In total, about 900 state employees will move into the new workspace by the spring of 2016. Attendees at the ceremony included representatives of US Senators Patrick Leahy and Bernie Sanders, Congressman Peter Welch, Mark Landry of FEMA, Vermont legislators, and Waterbury Select Board Chair Chris Nordle.

by Erin Mansfield vtdigger.org Hospital administrators in Vermont make six-figure salaries, and many earn more than a half-million dollars per year. Most get raises annually, and some receive large bonuses. In 2013, the average chief executive officer at Vermont’s 14 hospitals and Dartmouth-Hitchcock Medical Center in New Hampshire made $514,977. The median total compensation package was $355,326. The numbers include base salaries, bonuses, retirement benefits and other compensation. The data show that hospital CEO pay is more than double what CEOs in other industries in Vermont make each year. The average CEO compensation was $162,210 in 2013, and the median was $141,050 that year, according to data from the Vermont Department of Labor.

Vermont Business Magazine Author and entomologist Ross T. Bell left no stone unturned during his lifetime of research on the 495 species of ground beetles in Vermont and New Hampshire. Bell and his wife, Joyce Bell, are the world's leading experts on the carabid tribe Rhysodini, the Wrinkled Bark Beetles, and have described over three quarters of the world's 360 species. Ross Bell’s newest work, Carabidae of Vermont and New Hampshire, is an indispensable resource to anyone interested the habitat and distribution of all carabid beetles in New England or in the broader ecology of where these beetles are found.

Vermont Business Magazine Through a grant provided by the Vermont Department of Environmental Conservation (DEC), the Rutland Regional Planning Commission (RRPC) has launched a multi-pronged outreach effort focused on improving water quality in compliance with the Vermont Clean Water Act (VCWA) which was made law this past spring. The goal of the outreach is to address sources of water pollution in the Rutland Region which include local roads and farms. The RRPC will work with municipal staff and boards around the region to provide information about the requirements for municipalities triggered by the VCWA and provide assistance for stronger municipal protections against flood hazards and river corridor erosion, stormwater master planning, and other town plan or zoning changes to improve water quality.

Vermont Business Magazine Vermont Technical College will further its use of renewable energy and help reduce its operating costs while providing the institution new educational opportunities with the installation of a 500kW solar farm. This month, the 500kW project was awarded its Certificate of Public Good by the Vermont Public Service Board, green-lighting the project to begin construction immediately. It is scheduled to be complete by February. The project on Vermont Tech’s campus will consist of one hundred 5kW AllEarth Series 20 dual-axis solar trackers, manufactured by AllEarth Renewables, Inc. of Williston.

Vermont Business Magazine Norwich University’s College of Graduate and Continuing Studies (CGCS) is now welcoming students into the new online Master of Arts in International Relations program. The first cohort is set to begin classes in March 2016. The international relations program adds to Norwich’s global footprint – bringing together students from a variety of backgrounds and industries to blend real-world practice into the curriculum. This collaboration will help better equip students with a comprehensive understanding of the economic, cultural and political issues impacting today’s world and become effective global leaders.

Vermont Business Magazine The Burlington Electric Department (BED) and its 100 percent renewably-sourced power accomplishment have been featured internationally in connection with the 21^st Conference of the Parties (COP21) United Nations Conference on Climate Change in Paris. Broadcasts in France, Canada, and the United States have aired over the past week, and one in South Korea aired this past summer.

The media coverage included productions by the following media brands:

· The Korean Broadcasting System (KBS) aired a story on August 22, 2015 that can be viewed here. KBS is the leading public service broadcaster and one of the largest networks in South Korea and operates multiple television, radio, and online channels both in South Korea and internationally.

Vermont Business Magazine Saint Michael’s College has been named to Kiplinger’s Personal Finance’s list of the Top 300 Best College Values of 2016. Introduced in 1998, the rankings highlight public schools, private universities and private liberal arts colleges that combine outstanding academics with affordable cost. In addition, Kiplinger has ranked the top 100 best values in each category. Saint Michael’s made the magazine’s list of “100 best values in private universities.”

Kiplinger assesses value by measurable standards of academic quality and affordability. Quality measures include the admission rate, the percentage of students who return for sophomore year, the student-faculty ratio and four-year graduation rate. Cost criteria include sticker price, financial aid and average debt at graduation.