Current News

Vermont Business Magazine In fiscal year 2024, the Vermont State Treasurer’s Office processed a record 19,010 individual unclaimed property claims, returning $5.8 million to Vermonters. It is the highest number of claims the office has ever paid in a single year. The state also received $18.14 million in unclaimed property for the fiscal year—the most collected in two decades. Unclaimed property includes uncashed checks, forgotten security deposits, investments, and other financial property. Financial institutions and other entities annually report forgotten financial assets and turn them over to the state. The Treasurer's Office receives these assets and safeguards them until claimed by rightful owners or heirs. 

Vermont Business Magazine Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has completed the installation and activation of its first company-owned, stand-alone electric vehicle (EV) charging stations at its Burlington, VT-area office. The two EV ChargePoint stations are now available for public, client, corporate fleet and employee use, marking a milestone in Bowman’s commitment to sustainability and environmental impact. The installation is representative of Bowman’s two-pronged strategic initiative to expand its portfolio of sustainability-focused services and positively affect its own environmental impact. 

Vermont Business Magazine TD Bank Group (TD) announced today that applications are now open for the annual TD Ready Challenge grant program. This year, TD is inviting eligible charitable and non-profit organizations to submit proposals for innovative solutions that support underserved small business owners in developing, launching, or growing their businesses. A total of 10 grants are available of either CDN $1 million or USD $1 million, depending on the applicant's country of residence. 

Vermont Business Magazine For the tenth consecutive year, farmers across Vermont will open their barn doors and garden gates to welcome the public for a behind the-scenes look at Vermont’s vibrant working landscapes during Vermont Open Farm Week, Sunday, Aug. 4 through Sunday, Aug. 11.  After July’s challenging weather across the state, many Vermont farms look forward to welcoming visitors in support of Vermont’s agricultural community. Vermont Open Farm Week started in 2014 as “CSA Open Farm Day” and included open houses at farms all across Vermont. Now, for its 10th Anniversary, Vermont Open Farm Week features 49 farms at 157 events across the state.

Vermont Business Magazine American Meadows and its sister company, High Country Gardens, are driven by their shared purpose of doing good through gardening.  Their commitment to supporting local communities and positively impacting the environment has led to a pledge to divert all organic materials from the waste stream. At the end of each season, unsold plants are donated to community-focused organizations rather than discarded into landfills. This season, plant donations have supported the creation of new community and memorial gardens, habitat restoration, and educational initiatives. These contributions have benefited approximately two dozen recipients, including urban gardening organizations in Chicago, Philadelphia, St. Louis, Taos, Santa Fe, and Salt Lake City. 

Vermont Business Magazine Tim Rademacher is taking on a sweet new role at the University of Vermont—as the new Scientific Director of UVM’s Proctor Maple Research Center (PMRC). The PMRC is a field research station of the Department of Plant Biology at the University of Vermont and is the oldest and most scientifically renowned maple research center in the world. Since 1947 it has produced cutting edge research on maple, supported maple sugar producers, and bolstered maple syrup production in Vermont—and globally.

Vermont Business Magazine From constructing and operating green facilities and sustainably sourcing meat and poultry products, to innovative clinical initiatives that reduce environmental impacts, University of Vermont Medical Center has once again been honored for leadership on environmental sustainability in health care. As communities across central Vermont grapple with the impacts of flash flooding that occurred on the one-year anniversary of last year’s devastating storms, UVM Medical Center leaders who have spent years finding wants to integrate environmental sustainability concepts into health care planning and operations say the destruction is a visceral reminder of the importance of climate initiatives.

Vermont Business Magazine As of July 1, 2024, employers and self-employed individuals will be required to pay the Vermont Child Care Contribution tax. Per Act 76 of 2023, enacted by the Vermont Legislature, employers will pay a 0.44% payroll tax on wages paid, with an option to withhold up to 25% of the tax from employees. Self-employed individuals will pay a 0.11% tax on self-employment income. Employers will remit Child Care Contribution payroll tax payments to the Department in the same manner and frequency as they remit Vermont Income Tax Withholding.

Vermont Business Magazine Today, State Treasurer Mike Pieciak and Agency of Natural Resources Secretary Julie Moore announced they are seeking expert input related to implementing Act 122, The Climate Superfund Act. This marks the first step in effectuating the historic legislation, which authorizes the state to recover financial damages from fossil fuel companies for the impacts of climate change to Vermont. Funds recovered would support climate adaption projects.    

Vermont Business Magazine The Vermont Community Foundation has distributed $130,000 in immediate relief funds to assist communities that were turned upside down by the flooding that ripped through the state two weeks ago. The grants are helping with clean-up, shelter, food, and also funding local long-term recovery groups as they dispatch volunteers and assist people coping with everything from replacing sheetrock to filing for state and federal help. The flooding earlier this month occurred on the one-year anniversary of the disastrous 2023 flooding in Vermont, deepening the loss and challenge.

Vermont Business Magazine On July 24, 2024, at approximately 7:33 a.m., the DMV was notified of a tractor trailer that had rolled over onto its side on VT 9 in Marlboro near Butterfield Road. The tractor trailer, a 2020 International LT625, was hauling a 2021 53-foot Vanguard National box trailer and traveling east on VT 9 in Marlboro when it pulled over to the right side of the roadway to stop. The operator, Joshua L. Thomas, 33, of Longview, Texas, began to drive back onto the roadway when the truck got pulled into the soft shoulder causing it to roll onto its side off the eastbound side of the roadway. 

Vermont Business Magazine The Attorney General’s Office announced that Jeffrey Newbegin, 67, of Derby, Vermont, was sentenced today in Vermont Superior Court, Orleans Criminal Division, after pleading guilty to one felony count of Possession of Child Sexual Abuse Materials. The Court, Judge Rory Thibault presiding, sentenced the defendant by plea agreement to 18 months to five years in jail, all suspended with an eight-year term of probation with conditions that he complete sex offender treatment, restrict access to pornography, limit internet usage and contact with minors. If he violates the terms of his probation, he could face up to five years in jail.