Current News

Vermont Business Magazine United for Medical Research has updated its annual analysis of the economic impact of research funding from the National Institutes of Health. The $52.4 million in NIH funding awarded to researchers in Vermont in FY2025 supported 495 jobs and generated $120.5 million in new economic activity.

by Timothy McQuiston, Vermont Business Magazine The Vermont Department of Health reported last week that the number of COVID-19 hospitalizations have edged back up to about 5 cases statewide. Other indicators through wastewater analysis show COVID-19, Norovirus and especially RSV in Vermont and nationally are active. There were no measles cases after one reported in Vermont in February in Washington County and the rate nationally is low. While there was no measles virus detected recently, COVID virus, RSV and Norovirus were high at all the Vermont wastewater testing sites.

Vermont Business Magazine Families in Woodstock now have the ability to utilize a new primary care model as longtime local physician Dr. Lorissa Segal opens a MDVIP-affiliated primary care practice. After more than 20 years practicing internal medicine and 17 years caring for the community of Woodstock, Dr. Segal is shifting her practice to focus on prevention, multigenerational care, and lifelong wellness for patients in the community she has long called home.

Vermont Economic Development Authority Message from the CEO Greetings everyone. I hope you all had a chance to participate in Town Meeting Day last week. It is a truly special Vermont tradition. As the days grow longer and warmer, the snow starts to disappear, and sugarers work overtime, I wanted to take a moment to express my gratitude for our team here at VEDA. We are looking forward to celebrating Employee Appreciation Day later this week by spending time together outside the office. I am truly grateful to lead such a talented and devoted group of professionals who are dedicated to our mission of enhancing economic development in Vermont.

Vermont Business Magazine The Vermont Agency of Transportation anticipates the availability of funding through State Revenue Fund Subsidy Assistance, Federal Transit Administration 49 U.S.C. Sections 5310, 5311 and 5311(b)(3), and 5339 capital programs for State Fiscal Year 2027 public transportation projects. These funds may be made available to a transit authority, transit district, municipal transit system, or a public non-profit transit system managing or operating regional public transportation services through a competitive application process.

Vermont Business Magazine The Vermont Symphony Orchestra (VSO) announced the establishment of a new endowed fund supporting the orchestra’s Concertmaster position in perpetuity. Named the Herbst Family Concertmaster Chair Fund, the endowment provides long-term financial stability for this essential leadership role, ensuring continued artistic excellence for generations of VSO musicians. The endowment was established by Bill Herbst, a lifelong listener and supporter of classical music who has attended VSO concerts since moving to Vermont in 1987. In addition to the endowment, Herbst has loaned a violin to the orchestra’s current Concertmaster, Katherine Winterstein.

Vermont Manufacturing Extension Center View our annual impact report to learn about the positive outcomes of our work with Vermont manufacturing employers. Highlights include our services, how and where we engaged with partners and agencies statewide and several impressive data points. New this year is moving from annual reporting figures to three year stats; this change provides a more comprehensive view of long-term performance and trends in the manufacturing industry across the board.

Vermont Business Magazine BETA Technologies, Inc. (NYSE: BETA) based in South Burlington, Vermont, an electric aerospace company leading in the development and commercialization of electric aircraft, charging infrastructure, and aerospace-grade electric propulsion, today announced its financial and operating results for the fourth quarter and full year ended December 31, 2025. Financial Highlights: FY25 Revenues of $35.6 million, FY25 Net loss of ($745.9 million), FY25 Adjusted EBITDA of ($304.1 million).

Vermont Business Magazine BETA Technologies, Inc (NYSE: BETA) based in South Burlington, Vermont, an electric aerospace company, has been selected by the U.S. Department of Transportation and Federal Aviation Administration (FAA) as a launch participant in its first-ever eVTOL Integration Pilot Program (eIPP). A program designed to accelerate the safe deployment of electric and vertical flight in the U.S., BETA’s selection to participate in the eIPP signals its strong position to lead the industry in bringing the safe, reliable, and economic benefits of electric aviation to communities across the country.

Vermont Business Magazine The majority of Vermont residents in need of mental health care are unable to access it due to a severe shortage of mental health providers, according to a new report released today by Inseparable, a national mental health advocacy organization, examining the nationwide mental health workforce crisis. The Workforce Report: Bridging the Mental Health Care Gap illuminates several concerning factors leading to a statewide mental health workforce crisis, including low pay, high education costs and provider burnout. 

Vermont Business Magazine Amanda Janoo, a local economist and policy leader, today announced her candidacy for Governor of Vermont – with a bold vision in which all Vermonters can afford to live, go to school, go to the doctor, raise their family, feel safe, and pursue their dreams in this beautiful place we call home. Janoo will begin her campaign in her hometown of Strafford on Tuesday before heading to Burlington on Saturday, March 14 for a kickoff event. Following the launch, the campaign will travel across Vermont to hear directly from residents in all 14 counties. 

by Bill Schubart First, let’s define our terms. What is Private Equity (P.E.)? Neither intrinsically bad nor good, like many financial and technical tools, it can be used for either. However, to avoid damage to mission-driven organizations like nonprofits, P.E. must be regulated. Unlike a startup loan, which must be repaid, the business model of private equity is often to harvest their investment when the company becomes successful, with little or no concern for community impact. The investors can sell their equity shares at a significant private profit while negatively impacting the public. As a financing tool it can create value, jobs and wealth. Alternatively, it can doom a startup to failure. It depends on how investors choose to exercise their management influence and whether or not there are any regulatory guardrails.