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Athena Giving Circle awards 2022 grant to Bradley House

Tue, 06/14/2022 - 3:58am -- tim

Vermont Business Magazine The Athena Giving Circle, a group of ten Brattleboro area women, made their third annual award in the amount of $5000 to Garden Path Elder Living, the organization that runs Bradley House, a residential home providing community living for elders in Southern Vermont. Bradley House can house up to 35 residents. While the stately mansion was recently renovated and updated, it became apparent during the pandemic that its internet service required a major upgrade in order to support the needs of residents and staff.

Breaking the Ice Campaign donates $9,000 for RRMC mental health services

Tue, 06/14/2022 - 3:25am -- tim

Vermont Business Magazine On Tuesday, June 7, members of the Castleton University Men’s Hockey team presented providers, administrators, and staff at Rutland Regional Medical Center with a supersized check representing proceeds raised from the first ever Breaking the Ice on Mental Health event to benefit Behavioral Health programs and services offered by Rutland Regional. More than $9,000 was raised at the first event on February 4, 2022, at Spartan Arena.

KeyBank employees Make The Difference across Vermont

Tue, 06/14/2022 - 2:23am -- tim

Vermont Business Magazine More than 60 Vermont-based employees joined their KeyBank teammates across the nation in leaving their offices to volunteer for local nonprofits across the state during KeyBank’s Neighbors Make The Difference Day last Tuesday, June 7th.  Neighbors Make the Difference Day is one of KeyBank’s most visible community volunteer initiatives. The company-wide day of service is a long-standing annual event that demonstrates KeyBank’s commitment to helping its neighbors and communities thrive.

Mayor Weinberger announces Juneteenth as new BTV holiday

Mon, 06/13/2022 - 4:42pm -- tim

Vermont Business Magazine Mayor Miro Weinberger announced today that for the first time the City of Burlington will observe Juneteenth, June 19, as an official municipal holiday this year, and add the holiday to the municipal holiday schedule in years to come. Last year on June 17, President Biden signed the Juneteenth National Independence Day Act and Congress acted nearly unanimously to make Juneteenth a national holiday, the first time a new national holiday has been created in almost 40 years.

ACEDC assists two Bristol business projects

Mon, 06/13/2022 - 4:32pm -- tim

Vermont Business Magazine The Addison County Economic Development Corporation recently assisted two Bristol businesses in securing financing for commercial development projects. ACEDC provided a $100,000 loan to Stoney Hill Properties, LLC (SHP) to support their vision of building worker housing and providing commercial and light industrial space in Bristol. ACEDC has been working with Kevin Harper on the Stoney Hill Properties Project for three years, primarily to identify funding and financing resources. ACEDC advised SHP to apply to the Northern Borders Regional Commission (NBRC) and wrote a letter of support for their application. ACEDC also provided $50,000 to V Smiley, owner of V Smiley Preserves, LLC to support plans to transform from a majority wholesale business to a majority direct sale business.

Serve, Learn & Earn receives continued funding from the VT Legislature

Mon, 06/13/2022 - 4:21pm -- tim

Vermont Business Magazine Recognizing the continued need and importance of workforce development efforts in the state, the Vermont Legislature allocated $1.8 million in funding to Serve, Learn & Earn in fiscal year 2023. Serve, Learn & Earn is a workforce development collaboration of Vermont Works for Women, Audubon Vermont, ReSOURCE, and Vermont Youth Conservation Corps. With a variety of creative program models, this group of workforce development nonprofits shares a vision for every Vermonter to have a viable pathway to employment and affordable education. 

Champlain Housing Trust launches homeownership equity program

Mon, 06/13/2022 - 4:14pm -- tim

Vermont Business Magazine The Champlain Housing Trust announced a suite of initiatives and financing options to help Black, Indigenous and people of color (BIPOC) become homeowners through its signature shared equity program. One notable component is $25,000 in down payment assistance designed as a 0% interest, forgivable loan after three years for buyers who are BIPOC. CHT, a licensed lender, has developed the loan as a Special Purpose Credit Program, and the result will make homeownership more accessible and will help buyers build equity faster. This program is likely one of the first of its kind in the nation.

Newfane man dies in Townshend crash

Mon, 06/13/2022 - 4:10pm -- tim

Vermont State Police Troopers with Vermont State Police responded to a single vehicle crash on Townshend Road in Grafton Sunday afternoon. Investigation into the crash revealed Vehicle #1 was traveling south on Townshend Road, lost control, and struck a tree head on. Operator #1 was ejected during the crash. He was flown via DHART to Dartmouth Hitchcock Medical Center for serious life-threatening injuries. Vermont State Police were notified Monday that Operator #1, Ronald Underwood, 28, of Newfane, had succumbed to his injuries sustained in the crash.

State tax revenues crush it again

Mon, 06/13/2022 - 3:06pm -- tim

Vermont Business Magazine The personal income, corporate and rooms and meals taxes again exceeded expectations for the month of May 2022, as reported today. With the sales tax also well ahead of economists projections, the General Fund and Education Fund both exceeded targets. The Transportation Fund revenue came in slightly below target. Personal income is 37.1% over targets for the month and 13.9% over for the year-to-date. Corporate income is 246.9% over for the month and 22.7% over for the year. And rooms and meals is 21.5% over for the month and 9.1% for the year.

ECHO names Charlie Smith interim executive director

Mon, 06/13/2022 - 10:10am -- tim

Vermont Business Magazine ECHO, Leahy Center for Lake Champlain (ECHO) has appointed Charlie Smith as the museum’s interim executive director. Smith is stepping into the role effective June 13th, as Phelan Fretz, founding director retires after leading the science museum on the Burlington Waterfront for the past 20 years.  Smith, a seasoned business and non-profit professional, will head the organization during the search for a permanent executive director.

Scott Johnstone to lead Morrisville Water & Light

Mon, 06/13/2022 - 9:41am -- tim

Vermont Business Magazine Scott Johnstone, an innovative executive leader with deep experience in the energy space, will join Morrisville Water & Light in the role of General Manager. Johnstone is a civil engineer with a strong leadership and managerial background. He previously served as Secretary of the Agency of Natural Resources, Director of Public Works for Burlington, Executive Director of the Vermont Energy Investment Corporation and more recently the New England Energy Market Leader for VHB.