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Vermont ranked fifth in dependence on federal government

Thu, 01/18/2018 - 1:35pm -- tim

Vermont Business Magazine In a new study, SmartAsset analyzed data across four metrics to find the states that are most dependent on the federal government, and Vermont ranks in the number five spot. Vermont ranks high in terms of federal funding compared to income taxes paid. For every dollar Vermont sends to the federal government the state gets back $1.14. In that metric, the Green Mountain State ranks sixth. Federal government employees are also big producers in the state’s economy. According to SmartAsset data, the average federal government employee makes 1.89 times what the average worker earns. Vermont ranks eighth in that metric. Vermont's lowest ranking is in percentage of federal workers in the labor force (tied for 33rd). Vermont ranked 18th in percentage of federal share of state revenue.

GMP’s Mary Powell on list of World-Changing Women

Thu, 01/18/2018 - 11:53am -- tim

​Vermont Business Magazine Conscious Capitalism Media (CCM), a global company focused on celebrating inspiring, cutting edge stories about business as a force for good, has named Green Mountain Power president and CEO Mary Powell to its 2018 list of 30 World-Changing Women in Conscious Business. In her write-up about Powell, CCM’s editorial director, Rachel Zurer, relayed how since Powell took the helm at Green Mountain Power (GMP) in 2008, she has continued to break barriers and shake up assumptions about what a utility can be.

Condos, Donovan push Legislature to protect Vermont voter data

Thu, 01/18/2018 - 10:35am -- tim

Vermont Business Magazine On January 16th, H.624 was introduced, proposing increased protections for Vermonters’ sensitive and personal data contained in the statewide voter checklist. H.624 is sponsored by Rep. Dylan Giambatista of Essex Junction. Vermont Secretary of State Jim Condos and Attorney General TJ Donovan have underscored the importance to legislators of ensuring that Vermonters’ most sensitive personal data is protected in light of the request for sensitive data about Vermont voters from the President’s Election Integrity Commission.

VNA completes $7.1 million McClure Miller VNA Respite House capital campaign

Thu, 01/18/2018 - 10:26am -- tim

Vermont Business Magazine The Visiting Nurse Association of Chittenden and Grand Isle Counties (VNA) is pleased to announce the recent completion of its McClure Miller VNA Respite House capital campaign. Begun in March 2016, the capital campaign successfully raised $7.1 million dollars to fund construction of the larger, state-of-the-art hospice residence in Colchester. McClure Miller Respite House is the only Medicare-certified residential hospice  in Vermont.

Ag Agency announces grants for Vermont specialty crops

Thu, 01/18/2018 - 9:47am -- tim

Vermont Business Magazine The Vermont Agency of Agriculture, Food & Markets (VAAFM) announces the availability of grant funds for the purpose of enhancing the competitiveness of Vermont specialty crops, defined as fruits, vegetables, tree nuts, dried fruits, horticulture crops (including honey, hops, and maple syrup), and nursery crops (including Christmas trees and floriculture). These funds are awarded through a competitive review process guided by industry, nonprofit and government stakeholders.

VLS' Farmers Market Legal Toolkit provides free resources

Thu, 01/18/2018 - 6:24am -- tim

Vermont Business Magazine The Center for Agriculture and Food Systems (CAFS) at Vermont Law School, Farmers Market Coalition (FMC), and Northeast Organic Farming Association of Vermont (NOFA-VT) today launched an online Farmers Market Legal Toolkit, a free resource to support building resilient and accessible markets throughout the United States. The toolkit, created with support from the United States Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA), is available at farmersmarketlegaltoolkit.org.

Burlington Electric 'Shares the Warmth' with $20K CVOEO WARMTH donation

Thu, 01/18/2018 - 5:33am -- tim

Vermont Business Magazine The Burlington Electric Department today contributed $20,000 to the WARMTH Support Program of the Champlain Valley Office of Economic Opportunity (CVOEO) to help Burlingtonians and Vermonters with heating emergencies this winter.  During last year’s 2016-17 heating season, WARMTH served 351 Burlington households with 564 assists, or direct payments to Burlington Electric to keep the heat on, totaling $43,912.

Remarks of Patrick Leahy at Congressional Medal ceremony for Senator Bob Dole

Wed, 01/17/2018 - 4:49pm -- tim

Senator Patrick Leahy Bob, what a flood of memories come to the surface, to be here with you and Elizabeth.  Marcelle and I feel blessed for the opportunities we’ve had to spend time with you both on so many occasions, but especially at your wedding reception. I’ve enjoyed and learned much from working with Senator Bob Dole, with Majority Leader Bob Dole, and with Republican Leader Bob Dole, beginning when I was a young member of the Senate. And as time went on, also as a not-so-young member of the Senate. Beyond the impressive fact that Bob Dole is the Nation’s longest-serving Republican Leader of the Senate, it can be safely said that Bob Dole is a Senate legend.

Union Bankshares reports FY 2017 financial results

Wed, 01/17/2018 - 4:27pm -- tim

Vermont Business Magazine Union Bankshares, Inc (NASDAQ:UNB), based in Morrisville, today announced results for the three and twelve months ended December 31, 2017. Consolidated net income for the three months ended December 31, 2017 was $1.9 million, or $0.43 per share, compared to $2.3 million, or $0.53 per share, for the same period in 2016, and $8.4 million, or $1.89 per share, for the year ended December 31, 2017, compared to $8.5 million, or $1.91 per share, for the same period in 2016.

Business growth program open to 20 VT entrepreneurs

Wed, 01/17/2018 - 4:22pm -- tim

Vermont Business Magazine The Small Business Administration is seeking 20 entrepreneurs throughout Vermont to participate in a free business course starting in April. Emerging Leaders is a free executive-level training program for established business owners poised for growth. Over the course of seven months at Vermont Technical College’s Williston campus, each participating entrepreneur will learn immediate ways to improve their business and will create a three-year strategic growth plan to build a sustainable business of size and scale.

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