Current News

Vermont Business Magazine LittlePatakha, a Vermont based children’s brand and prominent advocate for inclusive early childhood education, introduces the "Vermont for Little Vermonters" initiative. This corporate sponsorship program is designed to support public elementary schools across Vermont and provide them with inclusivity-themed educational products created by Little Patakha. The program allows large and small businesses the opportunity to invest in their local communities and ensure that every child has access to essential resources. Having successfully completed a similar initiative this year in the Denver Public Schools system in Colorado with corporate partners, Nayak is confident they can do the same in Vermont. 

Vermont Business Magazine Lake Champlain Maritime Museum has announced they are opening a new exhibit that dives into the history of canal boats. Using research and artifacts recovered from shipwrecks in Lake Champlain by underwater archaeologists, as well as interviews with real people and interactive experiences, the exhibit shares lesser-known local stories of canal boats and the people who worked on board, providing unexpected points of connection for all with this key era of local history. The exhibit, titled “Underwater Archaeology: Diving into the Stories of People and Canal Boats on Lake Champlain,” will open to the public on July 13, 2024. While the maritime industry of the 19th century was largely dominated by men, the canal boat community was strikingly different. Boats were often owned and operated by families who lived on board, combining work and home for men, women, and children, and building strong, connected communities with other canal boat families. 

Vermont Business Magazine Junapr has been named to Inc.’s annual Best Workplaces list for the second consecutive year. Prominently featured on Inc.com, the list results from a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company cultures, whether in a physical or virtual facility. After collecting data from thousands of submissions, Inc. selected 543 honorees this year. Each nominated company participated in an employee survey conducted by Quantum Workplace, which included topics such as management effectiveness, perks, fostering employee growth, and overall company culture. The organization’s benefits were also audited to determine the overall score and ranking.

Vermont Business Magazine Blue Slate Realty proudly announces the grand opening of its boutique real estate brokerage, offering an unparalleled solution for home sellers in Vermont. Located at 40 Kingman Street, St. Albans, Blue Slate Realty provides the same premium service as traditional brokerages, but with a groundbreaking commission model that meets sellers' demands for affordability. Recognizing the growing dissatisfaction with the standard 6% commission rate, Blue Slate Realty introduces a game-changing option for sellers to pay just $990 to sell their homes. This innovative approach ensures that clients receive the highest level of service without the hefty commission fees.

by Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims fell for the week ending June 15, 2024, as new claims have fallen to their usual summer lows. The Service industry accounts for the vast majority of claims with 55%. For the week, there were 256 claims, down 22 for the week and 50 fewer than this time last year. Meanwhile, the state unemployment rate remains near historic low levels as employment and the labor force have increased (2.1 percent in April 2024). Vermont has the third lowest rate in the nation, behind North and South (2.0%) Dakota. California (5.3%) has the highest rate. The comparable United States rate in April was 3.9 percent, an increase of one-tenth of one percentage point from the revised March estimate.

Vermont Business Magazine Vermont maple syrup production was up for 2024. Vermont leads the country in production with 3.1 million gallons. Production was up 19% from 2023's 2.6 million gallons and just below 2022's 3.3 million. Vermont produces 53% of all the maple in the United States from 8.4 million taps. New York is by far the second largest producer of maple syrup at 846,000 gallons and Maine is third at 701,000 for a United States total of 5.9 million gallons.

Vermont Business Magazine The United States Attorney for the District of Vermont has announced that Maryann Manning, 63, of Wolcott, Vermont, pleaded guilty yesterday in United States District Court in Burlington to fraudulently converting tens of thousands of dollars in Social Security benefit payments. Chief U.S. District Judge Geoffrey W. Crawford released Manning on conditions pending sentencing, which will be scheduled at a later date. On May 13, 2024, the U.S. Attorney filed a one-count information charging Manning with receiving stolen government money. Manning made her initial appearance in federal court today and pleaded guilty to that charge. 

Vermont Business Magazine The Vermont Agency of Transportation (AOT) today announced that it is now accepting grant applications for the SFY 2025 Municipal Park and Ride Grant Program, which provides funding for improvements of small park and ride facilities in Vermont communities. These facilities will assist in the effort to reduce the number of single occupancy vehicles on the roadway, which in turn helps to reduce vehicle pollutants and traffic congestion. A total of $150,000 is available for this program for the 2025 state fiscal year. Applications are due via e-mail by August 20, 2024. 

Vermont Business Magazine The Senate Judiciary Committee on Thursday considered the nomination of Mary Kay Lanthier, of Orwell, Vermont, to be the next District Court judge for the District of Vermont. Lanthier was recently nominated by President Joe Biden at the joint recommendation of Senators Bernie Sanders (I-Vermont) and Peter Welch (D-Vermont). Sanders joined the hearing Thursday to introduce Lanthier and welcome her family to the United States Senate. Welch, who is a member of the Senate Judiciary Committee, presided over the hearing.

by Jacob Miller-Arsenault, Community News Service The Vermont Green soccer team has delighted scores of frenzied fans with slick passing under the lustrous lights of Virtue Field since its inaugural season in 2022. Fans will have even more to cheer for when the Green fields its debut women’s team June 22, coached by former World Cup champion and newly made Vermonter Sam Mewis. The gals in green will face off in a friendly match against Quebec’s FC Laval at 6 p.m. Saturday. In donning the jersey, they have a chance to inspire girls and generations of fans with a high-level showcase of the women’s game.  The game came together in a frenetic few days, according to Green cofounder Sam Glickman. 

Vermont Business Magazine Green Mountain Semiconductor, a design house involved in AI-related circuit design since 2014 and specializing in Custom Analog, Digital, and Mixed Signal Design with a focus on Memory (DRAM, SRAM, and Emerging NVM), has been awarded an additional Phase I contract by NASA. Green Mountain Semiconductor has been focusing on the development of ultra-low power in-memory processing circuits for AI. Under this new NASA agreement, an RRAM-based radiation-tolerant neuromorphic architecture will implement an unsupervised spiking neural network model. This architecture leverages RRAM's unique properties to enhance the efficiency and robustness of AI systems in space environments. RRAM's radiation tolerance enables the uninterrupted operation of AI systems in space missions, addressing a critical challenge where traditional approaches fall short.

Vermont Business Magazine The Vermont Agency of Agriculture, Food & Markets (VAAFM) will host nine Vermont specialty foods businesses to showcase their products at the Vermont Pavilion at the 2024 Summer Fancy Food Show in New York City, from Sunday, June 23rd through Tuesday, June 25th.  These nine Vermont businesses answered a VAAFM invitation made earlier this year to join the Vermont Pavilion. The Summer Fancy Food Show is one of the premier business-to-business trade shows for specialty food products, attracting buyers, distributors, and wholesalers from across the globe each year.