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Leahy reacts to President Trump’s coronavirus executive orders

Sun, 08/09/2020 - 12:29pm -- tim

Senator Patrick Leahy (D-Vermont) The President wants to reopen schools, but opposes funding for schools to make them safe. The President thinks the virus will just disappear, but opposes funding for testing and tracing. The President promises that vaccines will be available by November, but opposes funding for vaccine development, distribution, and to make the vaccine affordable to everyone. The President says that the virus “is what it is,” but he opposes funding for hospitals and other health care providers to support the front line workers who care for victims of the virus.

UVM virtual summer internships have value, too

Sun, 08/09/2020 - 11:02am -- tim

Vermont Business Magazine Jack Valentine was eagerly looking forward to the summer internship he’d landed working for Shutterstock, a multinational tech firm headquartered in the Empire State Building in the heart of Manhattan. The internship sounded exciting. So did the prospect of living in the city. Then COVID hit. Instead of making the Manhattan scene and hanging out in Shutterstock’s Google-like offices, Valentine — a junior marketing major in UVM’s Grossman School from Okemo, Vermont — is cooped up in his Burlington apartment interning remotely via Zoom, email and Slack. But a funny thing has happened. While the Manhattan trappings are absent, Valentine is still learning plenty.

St Mike's Remote Teaching and Learning Summer Workshop Series begins this week

Sun, 08/09/2020 - 9:56am -- tim

Vermont Business Magazine The Saint Michael’s College Graduate Education Program’s Remote Teaching and Learning Summer Workshop Series in August will allow educators to hear from experts in the field about innovative strategies and tools to build their capacity to teach, engage, support and assess all learners in preparation to teach remotely.                                                                                                                                                                               

With dramatic gain, UVM sets new record for research funding

Sun, 08/09/2020 - 9:48am -- tim

Vermont Business Magazine The University of Vermont received $181.7 million in research funding during the 2020 fiscal year, surpassing last year’s amount by $37.4 million, or 26%. The total is the largest in UVM history by a wide margin, eclipsing the previous high of $146 million set in 2010, when extra stimulus funding was available to colleges and universities for their research efforts.

More state grant money available, Open Farm Week begins Monday

Sat, 08/08/2020 - 5:55pm -- tim

Vermont Business Magazine Governor Scott and the Department for Children and Families on Friday announced the launch of the Operational Relief Grant Program, funded with $12 million from the federal CARES Act. Plus the Local Government Expense Reimbursement Grant Program for Vermont municipalities is now open. Also, The 6th annual Open Farm Week is August 10 - 16. This year's offerings will focus on events appropriate for the current pandemic-related guidelines: tours, picnics, farm trails, virtual/online events.

Kaman in Bennington makes $118 million OEM deal

Sat, 08/08/2020 - 4:49pm -- tim

Vermont Business Magazine Kaman Composites – Vermont, Inc (KCV), a subsidiary of Kaman Corporation (NYSE:KAMN), announced Friday that it has entered into a new Long Term Agreement with a major engine OEM to manufacture components for both existing production and newly developed engine programs. The components will be industrialized and manufactured at Kaman’s facilities in Bennington, Vermont, with initial deliveries expected by the end of 2020. The potential value is $118 million.

Lake Champlain Chocolates launches chocolate bar collection inspired by nature

Sat, 08/08/2020 - 1:04pm -- tim

Vermont Business Magazine Indulge. Restore. Repeat. This is the mantra of Lake Champlain Chocolates’ (LCC) new line, the Restorative Moments Chocolate Bar Collection. Inspired by nature and crafted from organic and fair trade certified extra-dark chocolate, the Vermont chocolatier’s line was born from the desire that chocolate should preserve and protect restorative moments, both in life and in our environment.

Norwich welcomes first group of students to campus in phased reopening

Sat, 08/08/2020 - 10:50am -- tim

Vermont Business Magazine As part of its phased reopening during the COVID-19 pandemic, Norwich University is welcoming the first group of students to campus on Saturday, August 8, a process that involves a highly structured intake methodology to include health screenings and COVID-19 testing. As part of the university’s phased reopening, students who need to quarantine in keeping with the State of Vermont’s guidelines will arrive on campus first; other groups will follow later. Norwich is expecting to welcome 400 to 500 students on Saturday.

Early Learning Center reopening soon at Fort Ethan Allen

Sat, 08/08/2020 - 5:49am -- tim

Vermont Business Magazine Following the closure of the Early Learning Center at Saint Michael’ s College in June, a small group of dedicated staff, parents and community members have worked tirelessly to re-establish an independent, non-profit early childhood education center in the same building on North Campus/Fort Ethan Allen, scheduled to open August 31. Board members of the new Early Learning Center (ELC) said this week that the work has involved everything from legal incorporation with the State of Vermont, designing a website and organizing payroll administration, to coordinating open house meetings with families, writing a family handbook and cleaning the center in preparation for re-opening.

State Farm cuts Vermont auto rates 14.3%

Sat, 08/08/2020 - 2:51am -- tim

Driving Trends Result in Insurance Rate Reduction for 45,700 customers

Vermont Business Magazine Driving behaviors across the country continue to evolve during the COVID-19 pandemic. Based on current trends, State Farm® is working to reduce auto insurance rates in Vermont by 14.3%. This rate reduction will save 45,700 State Farm customers in Vermont a total of $4.2 million. This applies to current customers at policy renewal, as well as new and returning customers. 

VDH COVID-19 Update: $12M for child care, fall sports coming back

Fri, 08/07/2020 - 5:42pm -- tim

Vermont Business Magazine Saying that good quality child care is critical for Vermont, giving kids a strong foundation for their future, and supporting working families, Governor Phil Scott on Friday announced the launch of a new grant program to help mitigate operational expenses and losses for child care providers impacted by the COVID-19 pandemic. The Operational Relief Grant (ORG) program includes $12 million in federal Coronavirus Relief Funding. Governor Scott announced that Vermont has now tested more than 100,000 people for the COVID-19 virus. Of those, 1,448 have tested positive, with two new cases reported today. There have been 58 deaths, with one reported yesterday in Franklin County. Meanwhile, guidelines for high school sports could come as soon as next week. “Things will look different," Scott said, but all fall sports are expected to be back in play.

Judge pushes pause on Quiros plea deal in Jay Peak fraud

Fri, 08/07/2020 - 5:19pm -- tim

by Mike Donoghue, Correspondent, Vermont Business Magazine A proposed change of plea court hearing for the reported mastermind behind a major federal EB-5 investment fraud in the Northeast Kingdom was delayed on Friday in Burlington for one week. Ariel Quiros, the former owner of the Jay Peak Ski Resort, has signed a plea agreement that could net him more than an 8-year federal prison term. But Chief Federal Judge Geoffrey W Crawford said Friday he wanted to ensure the defendant’s lawyer was clear of any conflict of interest or divided loyalty.