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VEDA approved $5.9 million in financing last quarter, plus PPP loans

Mon, 10/19/2020 - 11:52am -- tim

Vermont Business Magazine The Vermont Economic Development Authority (VEDA) today announced $5.9 million in approved financing for Vermont businesses and farms during the quarter ended September 30. VEDA also approved an additional $641,000 in Paycheck Protection Program (PPP) loans for 44 Vermont businesses and farms during the quarter before the program ended on August 8.

Leahy and Sanders seek swift release of LIHEAP heating help

Mon, 10/19/2020 - 11:27am -- tim

Vermont Business Magazine With winter around the corner and heating costs projected to increase this season, Senator Patrick Leahy (D-Vermont) and Senator Bernie Sanders (I-Vermont) joined a bipartisan coalition of 40 senators in urging the U.S. Department of Health and Human Services (HHS) to release funds for the Low-Income Home Energy Assistance Program (LIHEAP) as swiftly and at the highest level possible under the current continuing resolution.

Stritzler: NVU provides critical workforce for Vermont’s employers

Mon, 10/19/2020 - 11:14am -- tim

by Bill Stritzler The falling of leaves and shortening of days always mark a busy time for my industry – the ski resort industry. We are once again busily preparing for the ski season ahead. A critical part of that preparation is the hiring of seasonal workers. We are rapidly approaching the time of year when our workforce swells from two to three hundred shoulder season employees to 1,300 winter employees. Over many years, members of this workforce have been students and graduates of the Vermont State College System (VSCS) and Northern Vermont University (NVU) in particular. In fact, with NVU we have the opportunity to find the well-trained employees needed to operate our Resort.

UVM scientist plays lead role in #BlackinCardio campaign

Mon, 10/19/2020 - 10:56am -- tim

Vermont Business Magazine Monday marks the first day of a week-long international virtual event called #BlackinCardioWeek. This social media-based initiative was co-organized by Debora Kamin Mukaz, PhD, a postdoctoral associate conducting cardiovascular research at UVM's Larner College of Medicine. Originally from the Democratic Republic of the Congo, her research focuses on defining biomarkers related to incidence of hypertension and diabetes, with an emphasis on studying racial disparities.

UVM faculty union declares impasse

Mon, 10/19/2020 - 10:08am -- tim

Vermont Business Magazine United Academics, the faculty union of the University of Vermont, on Friday evening declared an impasse in contract negotiations with the UVM administration. The administration is seeking to cut faculty compensation as non-union salaries already have been reduced across the board. The university is facing a $9.4 million budget hole. The union maintains the administration is using the pandemic to roll-back compensation, including retirement benefits.

Putting a high shine on Arlington

Sun, 10/18/2020 - 9:11pm -- tim

by Bruce Edwards, Vermont Business Magazine Mention the town of Arlington and Norman Rockwell’s name invariably pops up. Arlington was Rockwell’s home for a number of years when he was creating illustrations for the Saturday Evening Post. While the artist’s former home attracted its fair share of tourists and Rockwell fans (it’s now a bed and breakfast), Arlington is also home to two of Bennington County’s largest employers, Mack Molding and The Orvis Company.

Sanders: Do not allow Trump to undermine election results

Sun, 10/18/2020 - 8:16pm -- tim

Vermont Business Magazine Senate Budget Committee Ranking Member Bernie Sanders (I-Vt.), Senate Democratic Leader Chuck Schumer (D-N.Y.), Senate Rules Committee Ranking Member Amy Klobuchar (D-Minn.), Senator Chris Murphy (D-Conn.), Senator Martin Heinrich (D-N.M.), and Senator Tammy Duckworth (D-Ill.) today released a report summarizing for the American people what to expect on Election Day and reinforcing the Democrats’ call to encourage everyone to vote.

Rinks ordered to close for new reservations for two weeks after outbreak

Fri, 10/16/2020 - 5:43pm -- tim

Vermont Business Magazine Following the decision by the State of New Hampshire to close indoor skating facilities for two weeks, Governor Phil Scott today issued an executive order prohibiting Vermont’s skating rinks from accepting new reservation for use of their facilities beginning today, October 16, at 5 pm, through midnight on October 30, 2020.

VDH COVID-19 Update: Hockey outbreak, school transmission

Fri, 10/16/2020 - 5:12pm -- tim

Vermont Business Magazine State Epidemiologist Patsy Kelso discussed two cases associated with Union Elementary School in Montpelier. “The fact that this is the state’s first in-school transmission does not mean an escalation of the virus,” Kelso said. “It means that someone who was infectious transmitted it to someone — just this time, inside a school, rather than a workplace, a long-term care facility, or other setting.” This is separate from an outbreak related to teams associated with the hockey rink in Montpelier.

Multiple individuals charged in Addison County drug conspiracy

Fri, 10/16/2020 - 4:59pm -- tim

Vermont Business Magazine The Office of the United States Attorney for the District of Vermont announced that a federal grand jury returned an indictment on October 15, 2020, charging five individuals with one count of conspiracy to distribute controlled substances in and around Addison County, Vermont between November 2019 and October 2020. Kevin Williams, 31, is the lead defendant.