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Rural Solutions, a ‘One-Stop Shop,’announces official opening

Sat, 01/08/2022 - 3:59am -- tim

Vermont Business Magazine Thomas Dukeshire, formally owner & CEO of Rural Techs, announces the launch of his new company, Rural Solutions, in Burlington. Described as a “one-stop shop” for small businesses, Rural Solutions offers small businesses the support needed for success: IT & technology (including both hardware and software components); business financial planning, analysis, and bookkeeping; business strategy and consulting; and full-scale marketing.

Clear Spot announces new partnership

Sat, 01/08/2022 - 3:36am -- tim

Vermont Business Magazine Richmond-based Clear Spot, a communications company serving mission-driven organizations, is pleased to announce it is expanding as a partnership between co-owners Katie and Kevin Titterton. Founded in 2016 to support Vermont nonprofits with thoughtful, nimble, and affordable communications content and strategy, Clear Spot works with organizations supporting the arts, children, education, the environment, food systems, energy resilience, poverty relief, and more.

VDH: COVID cases register second highest daily total

Fri, 01/07/2022 - 5:07pm -- tim

by Timothy McQuiston, Vermont Business Magazine The Vermont Department of Health today reported 1,917 cases of COVID-19 for Thursday, just short of Wednesday's record of 2,188. The previous record of 1,727 cases of COVID-19 was set on Monday. On December 30, it reported a then-record 1,471 cases. The record for cases was broken three times last week and another three times this week. 

‘Pay-For-Performance’ phosphorus reduction program now taking applications

Fri, 01/07/2022 - 3:13pm -- tim

Vermont Business Magazine The Vermont Agency of Agriculture, Food and Markets (VAAFM) recently opened applications for the new Vermont Pay for Phosphorus (VPFP) program, one of the first of its kind in the United States.   VAAFM received a $7 million grant award from the USDA Natural Resources Conservation Service (NRCS) in September of 2020, enabling the Agency to launch a statewide Vermont Pay for Phosphorus (VPFP) Program to further expand and support agriculture’s role in delivering clean water results for Vermont.  The program will provide $4.9 million in direct payments to farms over 4 years for successful phosphorus management. Vermont farmers wishing to apply for the program have until January 31, 2022 to do so. 

Sanders urges Biden to protect consumers against high heating costs this winter

Fri, 01/07/2022 - 3:03pm -- tim

Vermont Business Magazine Senator Bernie Sanders (I-Vermont), along with colleagues in both the Senate and House of Representatives, Wednesday sent a a bicameral letter to Federal Energy Regulatory Commission (FERC) Chairman Richard Glick urging the agency to use its authority to protect consumers from unfairly high energy costs.

VSP investigate bank robbery today in Williamstown

Fri, 01/07/2022 - 2:57pm -- tim

The Vermont State Police is investigating a robbery that occurred early Friday afternoon, Jan. 7, 2022, at the Bar Harbor Bank on Methodist Lane in Williamstown. At about 12:20 p.m., an unknown male entered the bank and demanded cash from the teller. The suspect did not display a weapon or threaten the teller.  He fled the bank with an undisclosed sum of money and was seen operating a silver or gold four-door sedan. No one was injured in the incident.

Merrill Lynch settles with state, receiver for $4.5 million over Jay Peak EB-5 projects

Fri, 01/07/2022 - 11:46am -- tim

Vermont Business Magazine On January 6, 2022, the Vermont Department of Financial Regulation (DFR) and the federally appointed receiver for Jay Peak, Michael Goldberg, announced a settlement with the broker-dealer firm Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch). The settlement totals $4.5 million and relates to Merrill Lynch’s handling of accounts used in connection with the Jay Peak EB-5 fraud.

The Shire Woodstock acquired by Turnstone Ventures

Fri, 01/07/2022 - 3:25am -- tim

Vermont Business Magazine Turnstone Ventures, a vertically-integrated real estate investment first led by seasoned Boston-based developer Jeff Glew, has acquired the historic 50-key The Shire Woodstock in Woodstock, Vermont. Turnstone has hired New York-based Life House Hotels, signaling the tech-enabled hotel operator’s first hotel in Vermont and 20th hotel in New England.

VDH: COVID cases exceed 2,000 for first time

Thu, 01/06/2022 - 4:51pm -- tim

by Timothy McQuiston, Vermont Business Magazine The Vermont Department of Health today reported 2,188 cases of COVID-19 for Wednesday, which is another record and the first time over 2,000 daily cases. The record of 1,727 cases of COVID-19 was set on Monday. On December 30, it reported a then-record 1,471 cases. The record for cases was broken three times last week and twice this week. Hospitalizations increased to one short of their record daily high.

Vermont to get $1 million from FEMA to cover COVID admin costs

Thu, 01/06/2022 - 3:54pm -- tim

Vermont Business Magazine The Federal Emergency Management Agency will be sending more than $1 million to the State of Vermont to reimburse the state for administrative costs incurred during the COVID-19 pandemic. The Vermont Agency of Commerce and Community Development will receive a total of $1,049,791 in federal funding through FEMA’s Public Assistance grant program to cover the costs of administering grants FEMA provided to the state to reimburse the costs of implementing food distribution programs providing meals to those in need and who were affected by the pandemic.