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ACCD: Economic recovery grants open, Webinar Thursday

Wed, 07/08/2020 - 9:46am -- tim

Vermont Business Magazine The application for an Economic Recovery Grant is OPEN to Vermont businesses. With funding available to the State of Vermont through the federal Coronavirus Relief Funds (CRF), these grants are intended for businesses who can demonstrate revenue loss in any one-month period from March 1, 2020 to August 31, 2020, when compared with the same month in 2019. ACCD is hosting a Webinar on Thursday, July 9th at 3 pm for more information about eligibility requirements, grant award calculation information, grant application processes, and what documents businesses will want to have prepared and on-hand when applying.

VSP: Man wounded in police shooting in Rutland City

Wed, 07/08/2020 - 9:23am -- tim

Vermont Business Magazine The Vermont State Police is investigating an incident in which Rutland City police officers shot and wounded a subject early Wednesday, July 8, 2020. Preliminary investigation indicates that at about 12:15 am, members of the Rutland City Police Department were conducting a narcotics investigation on Terrill Street involving a vehicle with two adult male occupants. During the subsequent interaction, city police fired upon the vehicle. The circumstances that prompted the shooting and the number of officers who fired is under investigation.

The future of work has changed and so has VCET

Wed, 07/08/2020 - 9:12am -- tim

Vermont Business Magazine The way we work has likely forever changed due to the pandemic, and so has the Vermont Center for Emerging Technologies (VCET), the state’s largest coworking community. As startups, remote workers, and entrepreneurs, resume or return to work their workspace needs are drastically different, but their desire to stay connected, productive, and innovative is the same, if not stronger. 

UVM president pledges to meet or exceed state goals

Tue, 07/07/2020 - 5:29pm -- tim

Vermont Business Magazine The University of Vermont is strongly committed to meeting or exceeding all the expectations outlined In Governor Scott’s “Safe and Healthy Return to Campus” mandatory guidance document, UVM president Suresh V Garimella said. The document was published Monday and discussed in the governor’s press briefing today. Garimella was on the conference call today and UVM worked closely with the state in developing the guidance.

Colleges get their marching orders for fall, including mask mandate

Tue, 07/07/2020 - 5:23pm -- tim

by Timothy McQuiston, Vermont Business Magazine Governor Phil Scott today released the state’s college reopening plan. The college task force is led by Rich Schneider, former president of Norwich University. Schneider pointed out that while these are the minimum requirements all colleges must adhere to; the schools could institute even stricter requirements.

VDH COVID-19 Update: three new cases, no deaths, two hospitalized

Tue, 07/07/2020 - 4:23pm -- tim

Vermont Business Magazine The Vermont Department of Health today reported that there were three new cases of COVID-19 statewide. Health Commissioner Dr Mark Levine attributed Vermont's ongoing low case count to Vermonters' behavior in mask wearing and social distancing and to the state's vigilance in testing and contact tracing. The contact tracing helps prevent cases turning into clusters of cases which then can turn into outbreaks. In other states experiencing spikes in cases, they've had to even abandon contact tracing, he said, and reverted back into "Stay Home" type mitigation efforts in order to try and get the virus spread back under control.

Co-operative Insurance names Lee Dowgiewicz President and CEO

Tue, 07/07/2020 - 3:51pm -- tim

Vermont Business Magazine The Board of Directors of Co-operative Insurance Companies is pleased to announce the election of Lee Dowgiewicz as President & CEO, effective July 1, 2020. Dowgiewicz joined Co-op in September 2019, and replaces retiring CEO Marie Jewett. He is a 29-year veteran of the insurance business, starting with ITT Hartford in 1991 as a commercial lines underwriter.

Howard Center to expand its Substance Use and Recovery Services

Tue, 07/07/2020 - 2:41pm -- tim

Vermont Business Magazine Howard Center will expand its substance use and recovery services in northwestern Vermont by offering a new medication-assisted treatment (MAT) Spoke serving Franklin and Grand Isle counties at 172 Fairfield Street in St Albans. Partners in Hope and Recovery at Northwestern Medical Center (NMC), a long-time partner and provider, is transitioning from offering medication assisted-treatment in the county.

SBA's PPP put $1.1 billion into Vermont to help save 114,000 jobs

Tue, 07/07/2020 - 10:08am -- tim

Vermont Business Magazine The US Small Business Administration on Monday released detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). Between the large and small loans which totaled 11,929 companies, Vermont received about $1.1 billion. Total jobs retained were 113,838. There were 10,387 PPP loans in Vermont under $150,000 with a total value of $367,897,165 and the associated jobs retained were 45,179. There were 1,542 loans of $150,000 or more which retained 68,659 jobs. There are 171 organizations that received at least $1 million, ranging from for-private businesses to non-profit entities.

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