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Barry Roy ’67 leaves Saint Michael’s $4 million, largest in school history

Fri, 01/15/2021 - 10:11am -- tim

Vermont Business Magazine Class of 1967 alumnus and longtime Trustee Barry Roy bequeathed $4 million to Saint Michael’s College through his estate, the largest single gift in the school’s 117-year history, college officials announced today. A larger-than-life figure on campus and within New England philanthropic circles, Roy died on August 9, 2019 at the age of 73.

Generator and LaunchVT kick off 2021 JumpStart program

Fri, 01/15/2021 - 7:19am -- tim

Vermont Business Magazine Generator, Burlington’s makerspace, has announced the 9 businesses and entrepreneurs chosen for its 2021 JumpStart program. A collaboration with LaunchVT, Generator’s JumpStart features a 10-week, cohort-based business development program, specifically for makers with market ready physical products. Each JumpStart cohort member will receive over 30 hours of business development support, access to Generator’s high-tech fabrication facilities and free tool trainings. 

Auditor finds only minor issues with Hartford TIF district

Fri, 01/15/2021 - 5:43am -- tim

by Timothy McQuiston, Vermont Business Magazine The Vermont Auditor of Accounts Doug Hoffer recently released a report on the progress of the Town of Hartford’s TIF progress. While the auditor has taken issue with TIF district’s in the past over whether they are truly beneficial to the local economy and/or too onerous to the state education fund – notably the one in St Albans City – the auditor found only a small and unintended error in the Hartford TIF.

More lenders participating in PPP starting Jan 15

Thu, 01/14/2021 - 9:56pm -- tim

Vermont Business Magazine The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET.  The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA.

VDH COVID-19 Update: Four more deaths as cases near 200 again

Thu, 01/14/2021 - 4:58pm -- tim

Vermont Business Magazine The Vermont Department of Health is reporting today 197 new cases of COVID-19 and four more deaths for a total of 162. The post-Christmas holiday has proven to be a more infectious period, like post-Halloween, than post-Thanksgiving was. Also, more than 28,000 people have now received the COVID-19 vaccine in Vermont, including 4,092 of whom have received both doses. Vermont plans to use age groupings to determine who can receive the vaccine next based on our primary goal with vaccination efforts –  to save lives. Planning is still ongoing, but we expect the first age grouping eligible will be people 75 and older, then 70 and older, then 65 and older, as vaccine supply allows.

July fatal crash leads to charges against driver

Thu, 01/14/2021 - 3:14pm -- tim

Vermont State Police On July 9, 2020, at approximately 0318 hours, Troopers from the Vermont State Police – Rutland Barracks were assigned to a single vehicle crash with entrapment and ejection on West Street, in the Town of Proctor, Vermont. Through investigation it was determined Operator #1 was operating vehicle #1, traveling south on West Street when he swerved and lost control of the vehicle. The vehicle's left side struck an embankment on the east side of the road and flipped on its roof. Operator #1 sustained life-threatening injuries and was transported to Rutland Regional Medical Center (RRMC). Passenger #1 was pronounced dead on scene.

Governor creates Agency of Public Safety to bring enforcement under one roof

Thu, 01/14/2021 - 3:01pm -- tim

Vermont Business Magazine Governor Phil Scott today announced organizational changes to modernize the state’s public safety and select permitting and regulatory functions to better serve Vermonters, increase efficiency and improve these systems. Through Executive Order 01-21 Governor Scott has created the Agency of Public Safety, effective April 15, 2021, though the Order is structured as a framework for the Agency with a gradual implementation. Governor Scott also signed Executive Order 02-21, to professionalize and modernize the Natural Resources Board and its district commissions, effective July 1.

Vermont law enforcement agencies provide update on security planning

Thu, 01/14/2021 - 1:53pm -- tim

Vermont Business Magazine Law enforcement agencies including the Vermont State Police, Montpelier Police Department, Capitol Police Department and the Washington County Sheriff’s Department are continuing to plan for any potential protests, disruptions or other eventualities that might occur in the Capital Region of Vermont in the days ahead.

Christopher & Banks closing all stores, three in Vermont

Thu, 01/14/2021 - 1:28pm -- tim

Vermont Business Magazine Christopher & Banks, on January 13, 2021, filed for Chapter 11 reorganization and authorized store closing sales to be conducted by Hilco Merchant Resources. The store closing process has begun at more than 400 stores nationally. These include the three Vermont stores at the Essex Outlets, at Rutland's Green Mountain Plaza and at the University Mall in South Burlington.

Vermont National Guard to send soldiers to Washington, DC

Thu, 01/14/2021 - 12:27pm -- tim

Vermont Business Magazine Vermont Army National Guard will support Operation Capitol Response in Washington, DC. According to the Guard, the time line is fluid, but soldiers will depart Vermont to arrive in Washington by Tuesday. Approximately 100 Vermont Army National Guard soldiers will support operations in Washington, DC, ahead of the Presidential Inauguration on Wednesday January 20. The Vermont Soldiers are predominantly from 1st Squadron, 172nd Cavalry, 86th Infantry Brigade Combat Team (Mountain).

Nursing homes hit by COVID deaths, Vermont 19th lowest

Thu, 01/14/2021 - 10:25am -- tim

Vermont Business Magazine Vermont is 19th lowest in mortality rate from COVID-19 in nursing homes in the US, according to AARP. Three New England states (Maine, New Hampshire, Massachusetts) have even lower rates. Midwest and Upper Midwest states have the highest death rates. Vermont otherwise has the fewest deaths from COVID-19 overall in the nation and the fewest total cases.

Leahy hosts NASA astronaut for virtual Q&A with Vermont students

Thu, 01/14/2021 - 10:09am -- tim

Vermont Business Magazine On Thursday, January 14 (today), at 11 am, Senator Patrick Leahy will host a virtual Q&A with NASA Astronaut Zena Cardman and Vermont middle school students, in coordination with the Vermont Space Grant Consortium.  NASA Administrator Jim Bridenstine will facilitate a live discussion between Astronaut Cardman and students from Danville School, Georgia Middle School, and Frederick H. Tuttle Middle School.  Vermont students, teachers and members of the media are invited to watch the livestream of the event.  The event can be accessed using the following link and login information.

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