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Vermont’s broadband networks can support widespread telehealth and distance learning

Fri, 04/03/2020 - 1:30pm -- tim

Vermont Business Magazine The Vermont Department of Public Service wants you to know that Vermont’s broadband networks have enough bandwidth to support widespread telehealth and distance learning.  That said, you need to know that there are households and businesses in Vermont that may not have enough bandwidth for multiple users at one time. 

FEMA to provide financial assistance to State of Vermont, local govs

Fri, 04/03/2020 - 1:25pm -- tim

Vermont Business Magazine The Federal Emergency Management Agency (FEMA) within the US Department of Homeland Security is giving public notice of its intent to provide financial assistance to the State of Vermont, local governments, and private nonprofit organizations under the national emergency declaration issued by the President on March 13, 2020, as a result of the Coronavirus Disease 2019 (COVID-19).

Community response and mutual aid efforts organize across Vermont

Fri, 04/03/2020 - 12:28pm -- tim

Vermont Business Magazine As the enormity of the impact of COVID-19 has become clear, Vermonters across the state are stepping forward to support their neighbors, connecting those in need with those that can help. Community response teams and mutual aid networks are emerging across Vermont to recruit willing volunteers and connect them with neighbors who are looking for help. Volunteer efforts include grocery and medicine delivery, accessing key benefits and resources, phone trees to check in on vulnerable neighbors, technology support, pet care, and more.

Weekly unemployment claims exceed 14,000

Fri, 04/03/2020 - 10:41am -- tim

Vermont Business Magazine Vermont unemployment insurance claims increased exponentially last week as layoffs and business closures caused as expected a severe spiked in the number of claims. At the height of the Great Recession in 2009, under 39,000 claims were filed for the entire year. Last week alone 14,633 new claims were filed, an increase of 10,849 in one week. As reported today, the US unemployment rate for March jumped to 4.4 percent in March, the highest rate since August 2017.

Access to NBT Bank branches adjusted during pandemic

Fri, 04/03/2020 - 9:49am -- tim

Vermont Business Magazine NBT Bank, with branches in Northwestern Vermont, has announced adjustments to branch access designed to enable continued banking service while maintaining strong protocols for social distancing and cleaning. To help stop the spread of COVID-19 (coronavirus) and ensure the health and safety of employees and customers, all in-person banking transactions are being conducted through drive-up lanes and walk-up windows. Hours of operation have been adjusted, and some offices have been temporarily consolidated with nearby locations.

Vermont Research News: Local business step up; little free libraries become food banks; ski community gives back; Gov. Scott supports local media

Fri, 04/03/2020 - 4:43am -- Gabriella.March...

Center for Research on Vermont The Vermont Research News at UVM is a bi-monthly curated collection of Vermont research -- focused on research in the Vermont "laboratory" -- research that provides original knowledge to the world and research that adds to an understanding of the state's social, economic, cultural and physical environment.

Social distancing working as Vermont lowers growth rate of COVID-19

Thu, 04/02/2020 - 6:38pm -- tim

by Timothy McQuiston, Vermont Business Magazine The growth rate in the number of new COVID-19 cases in Vermont slowing down, which has led to cautious optimism among top Scott Administration officials that Vermont will experience a much less severe spread of the disease than worst-case scenario projections. The current models project the “peak” of cases between mid-to-late April and early May.

Hotels, motels, campgrounds, Airbnbs must close unless housing vital workers

Thu, 04/02/2020 - 6:38pm -- tim

Vermont Business Magazine Attorney General Donovan today issued a Directive to Lodging Operations on the Enforcement of COVID-19 Emergency Order. The directive supports the Attorney General’s ongoing effort to promote voluntary compliance with Governor Scott’s Executive Order by providing Vermonters with education and outreach during the COVID-19 crisis. To date, this effort has included making telephone contact with 41 lodging operations identified by law enforcement as not complying with the Governor’s orders earlier this week.

Highway construction won’t start on time, and who knows when

Thu, 04/02/2020 - 6:35pm -- tim

by C.B. Hall, Vermont Business Magazine Contrary to earlier expectations -- from another era, two weeks ago – Vermont's road construction season has been pushed back because of the coronavirus pandemic. Expectations had been high at the Agency of Transportation (VTrans). In a letter dated March 19, the agency and Associated General Contractors of Vermont announced that "the date for the start of the Construction Season for all contracts is moved from April 15, 2020 to March 23, 2020 with the intent to add 3 weeks to every contract."

COVID-19 resources for your business and tax questions

Thu, 04/02/2020 - 4:25pm -- tim

Davis & Hodgdon Associates The COVID-19 pandemic has caused serious anxiety and resulted in many challenges for Vermonters. There is a plethora of information and new resources that are becoming available every day. With all of this noise, it can be so hard for us to know what to focus on. In an effort to assist you and connect you with the general tax and business-related information that is most relevant to you, we are gathering the latest articles along with curated lists of resources.

Chroma's products play key role in testing

Thu, 04/02/2020 - 4:13pm -- tim

by Joyce Marcel/The Commons Restaurants may be closed, supermarkets may display empty shelves, and small businesses may be afraid of going bankrupt, but at least one Windham County company is doing well in the heart of the COVID-19 virus pandemic. Chroma Technology in Bellows Falls, which manufactures optical filters for the scientific, biomedical, photonics, and imaging industries, is facing an unprecedented call for its products.

VDH COVID-19 Update: 338 total cases, one more death for 17 total

Thu, 04/02/2020 - 1:52pm -- tim

Vermont Business Magazine The Vermont Department of Health today reported that there were 17 new COVID-19 cases for a total of 338 and another death for a total of 17. While Chittenden County has by far the most cases, with Addison County second, Windsor and Windham counties have reported two more cases each, while Grand Isle and Essex counties still have not reported any cases. Cases are reported by place of residence.