Current News

Vermont Business Magazine VOBA Fifth Annual Outdoor Economy Summit will be held November 2. Join this networking event with 125 Vermont outdoor businesses, organizations, service providers, and policymakers to envision our future outdoor economy. Hear remarks from State Treasurer Mike Pieciak on November 2. Learn how outdoor recreation is viewed alongside climate and energy as notable sectors in boosting labor force participation and economic growth as well as why tourism and manufacturing are resilient industries.

Vermont Business Magazine During its October Board Meeting, the VCIA Board, based on feedback received, voted to approve changes to the 2024 Annual VCIA Conference. Please note, the conference will occur on the same week, August 12-15, as it had previously been listed, but the following structural changes have been made to enhance America’s largest captive conference. 

Vermont Agency of Transportation This weekly report is a list of planned construction activities that will have traffic impacts on state highways and interstates throughout Vermont for the week of October 30. Please remember to drive safely in all work zones. Lives depend on it.

by Matthew Durkee, New England President, Community Bank In all my years of banking, I never thought I would be writing about home buyers deciding between making a cash offer, or using a mortgage to purchase a home. However, in April 2023, a third of all US home purchases were made entirely in cash. The share of homes bought with cash remains elevated, above pre-pandemic levels, due in part to the current mortgage rate landscape. Elevated mortgage rates are deterring homebuyers who utilize a mortgage more than deterring all-cash buyers, causing the percentage of cash purchases to rise.

Vermont Business Magazine White + Burke Real Estate Advisors, a leading Vermont-based commercial real estate firm, will host the 9th Annual Vermont Development Conference on November 8, 2023 at the Hilton Waterfront Hotel in Burlington. The conference brings together development professionals across the industry and provides an opportunity to discuss emerging trends, policy and permitting, and best practices. The 2023 Vermont Development Conference promises a day of informative sessions and networking opportunities. The conference kicks off at 9:00 a.m. with the keynote session "Emerging Trends in Real Estate 2024," featuring Onay Payne of Manulife Investment Management and David Williams of Lafayette Square. Attendees will gain invaluable insights into the national real estate landscape and its intersection with socioeconomic mobility.

Vermont Business Magazine The Upper Valley Business Alliance and Upper Valley Arts Alliance are pleased to announce that the Upper Valley's nonprofit arts and culture industry generated $18,972,138 in economic activity in 2022-2023, according to the newly released Arts & Economic Prosperity 6 (AEP6), an economic and social impact study conducted by Americans for the Arts. That economic activity of $18,972,138 in spending by nonprofit arts and culture organizations and $2,431,895 in event-related spending by their audiences supported 308 jobs and generated $2,450,720 in local, state, and federal government revenue. Spending by arts and culture audiences generates valuable commerce to local merchants, a value-add that few other industries can compete with.

Vermont Business Magazine The team at Burlington Emergency & Veterinary Specialists (BEVS) is proud to announce the opening of a new service dedicated to providing advanced eye care for pets. Veterinary ophthalmology is a division of veterinary medicine focused on the structure, function, and diseases of the eye of all animal species. BEVS’ Ophthalmology Department provides a full array of leading-edge diagnostics, and advanced medical and surgical treatments to preserve and restore vision in dogs and cats.

Vermont Business Magazine Last week, MENTOR Vermont welcomed mentoring program coordinators and mentoring advocates from across the State to the 2023 Vermont Mentoring Symposium, which was held at the Waterbury State Office Complex. The theme for the annual 2023 Symposium was “Fostering Self-Agency in Youth,” with sessions focused on how mentors can create an environment where youth are empowering themselves, where adults work alongside young people, and support them to thrive in their own right.

Vermont Center for Emerging Technologies VCET member company Prime Engineering is making significant strides in the field of next-generation nuclear technology. Benjamin Hardy, Managing Partner & Principal Engineer of Prime, recently shared insights about the company’s journey, its unique position, and what’s ahead. Founded in 2021 by Keith Oldinski, Prime specializes in engineering solutions for advanced nuclear manufacturers and designers. Their expertise lies in the design of small vessels and other components vital to the next wave of civil nuclear technologies.

Vermont Business Magazine Vermont Businesses for Social Responsibility (VBSR), the statewide, nonprofit business association with a mission to leverage the power of business for positive social and environmental impact, celebrated the2023 recipients for four awards honoring Vermont leaders in social equity, environmental responsibility, and sustainable economic development. The 21st Annual VBSR Awards Ceremony and Dinner was held October 5 at Zenbarn in Waterbury Center.

Vermont Business Magazine Shelburne Museum’s holiday fundraising virtual auction is back! Get ready to bid on your favorite items from the comfort of your home on any computer or mobile device. The Holiday Auction Extravaganza offers more than 100 giftable items ranging from one-of-a-kind experiences on the museum grounds, unique made-in-Vermont products, and favorites from the Museum Store. The auction opens on our website—www.shelburnemuseum.org--on Sunday, November 5 at 8 a.m. and runs through Sunday, November 12 at 6 p.m.

Vermont Business Magazine On Oct. 26, Associated Builders and Contractors of NH/VT (ABC NH/VT) awarded 11 construction companies Excellence in Construction (EiC) awards for exemplary work on 15 commercial construction projects completed throughout New England. The EiC awards program is the construction industry’s leading competition that honors contractors for world-class, safe, and innovative construction projects.