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KeyBank introduces the Small Business Wellness Index

Wed, 06/26/2019 - 4:34am -- Brandon

Vermont Business Magazine KeyBank has launched the Small Business Wellness Index, which measures the drivers, challenges, payment trends and financing needs of small business owners across the country. Data is drawn from KeyBank’s proprietary Small Business Wellness Review, a first-of-its-kind program driven by artificial intelligence, which guides small business owners through a comprehensive conversation about their business to identify their needs and offers industry-specific guidance and customized cash flow recommendations.

$5,000 college scholarship for Outstanding Youth in Philanthropy

Wed, 06/26/2019 - 3:31am -- tim

Vermont Business Magazine Demont & Associates, in partnership with the Association of Fundraising Professionals Northern New England (AFP-NNE), has opened nominations for a $5,000 college scholarship to a youth aged 10-23; the AFP-NNE Demont Scholarship for Outstanding Youth in Philanthropy is available to Vermonters.  Robert Demont, President of Demont & Associates says, “We are delighted to recognize the efforts of an outstanding youth philanthropist with this scholarship award.

Restaurant Week celebrates 10th year with record gift to Vermont Foodbank

Tue, 06/25/2019 - 4:42pm -- tim

Vermont Business Magazine When Seven Days launched Vermont Restaurant Week 10 years ago, the goal was to celebrate Vermont’s vibrant food scene, drive traffic to local businesses and help our neighbors in need. At least one measure of the event’s success set a record this year: a $25,344.03 donation to the Vermont Foodbank. Over the past decade, Restaurant Week has generated a total of $147,395.36 for the Vermont nonprofit. Vermont Federal Credit Union is the presenting sponsor of Restaurant Week.

Family leave and minimum wage: Connecticut did it, why can’t Vermont?

Tue, 06/25/2019 - 4:15pm -- tim

by Julie Lowell, Public Assets Institute Connecticut was able to do what Vermont couldn’t this past legislative session: raise the minimum wage to $15 and create a paid family and medical leave insurance program. Our New England neighbor could provide some guidance for the Vermont Legislature when it reconvenes in January.

UVM gets $599,124 grant to expand program aimed at reducing risky behavior in youth

Tue, 06/25/2019 - 3:36pm -- tim

Vermont Business Magazine University of Vermont Extension will expand a program proven to reduce risky behavior in youth, including substance misuse, called PROSPER to schools in St. Johnsbury, Newport and Derby. The program is currently in place at three Vermont schools. PROSPER, for Promoting School-Community-University Partnerships to Enhance Resilience, was developed jointly at Iowa State University and Pennsylvania State University in 2001 and has been implemented in communities around the country since then. Its effectiveness has been demonstrated in nearly 80 published research studies.

United Way of Northwest Vermont board of directors approves $1.5 million in community investments

Tue, 06/25/2019 - 2:42pm -- Brandon

Vermont Business Magazine United Way of Northwest Vermont—a local organization working to improve lives in Chittenden, Franklin and Grand Isle counties—recently approved $1.5 million in funding to the local community as part of its 2018-2021 community investment process. These funds represent the second year of a larger, three-year funding commitment to 51 local programs serving all three counties.

New safety program to help loggers and reduce workers' comp

Tue, 06/25/2019 - 11:30am -- tim

Vermont Business Magazine Governor Phil Scott today announced a new initiative to address the high cost of workers’ compensation insurance for logging contractors in Vermont’s forest economy. The Vermont Logger Safety and Workers’ Compensation Insurance Program—developed collaboratively by the Departments of Financial Regulation, Labor and Forests, Parks and Recreation, with input from logging safety trainers, the National Council on Compensation Insurance, insurance carriers and business owners in the forestry sector—will modernize safety training for logging contractors and their employees, reducing injuries and insurance claims and allowing them to qualify for reduced insurance rates.

Magic Mountain gets ACT 250 approval for snowmaking project

Tue, 06/25/2019 - 10:34am -- tim

Vermont Business Magazine Long a key element of SKI MAGIC LLC's 5-year strategic plan, Magic Mountain Ski Area has gained Vermont state permitting approval for doubling the size of its snowmaking pond to approximately 9 million gallons while taking the pond "off stream" to help create a better aquatic environment for downstream fish. The permit also allows the in-take of water from the Thompsonburg Brook along Route 11 for pond replenishment.

Farm & Forest Viability Program awards $507,000 for water quality improvements

Tue, 06/25/2019 - 10:01am -- tim

Vermont Business Magazine The Vermont Farm & Forest Viability Program, a program of the Vermont Housing & Conservation Board, awarded a total of $507,000 to fourteen farms in Addison, Orleans, and Rutland counties. These grants leveraged an additional $4.9 million for capital improvement projects and are matched by the farmers’ funds, bank loans, and grant funding from the USDA-Natural Resources Conservation Service and the Vermont Agency of Agriculture, Food and Markets.

Brattleboro Retreat clothing program gets 1,500 pairs of Bombas socks

Tue, 06/25/2019 - 6:44am -- tim

Vermont Business Magazine The Bombas Giving Program has donated 1,500 pairs of new socks to the Brattleboro Retreat's patient clothing program known as the Retreat Boutique. The Retreat Boutique is primarily a used clothing program that was launched by employees in 2016 to provide clean, quality garments for Brattleboro Retreat patients in need. It is run by volunteers who gather, sort, launder, and fold donations.

Southwestern Vermont Health Care’s Summer Gala raises $250,000

Tue, 06/25/2019 - 4:23am -- tim

Vermont Business Magazine The Summer Gala—the Southwestern Vermont Health Care (SVHC) Foundation’s signature fundraising event and the region’s most elegant charity occasion—was held on the evening of June 8 at the Hubbell Homestead in Bennington. The event hosted more than 300 people and raised $250,000, of which nearly $220,000 will support advancements in breast imaging for early detection of breast cancer.