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PAI: There’s no Education Fund deficit

Wed, 05/09/2018 - 4:03pm -- tim

by Jack Hoffman Public Assets Institute Pssst. Did you hear about the $60 million deficit in the Education Fund? Guess what. It’s not true. Given the headlines and news stories in recent weeks, Vermonters may be surprised to hear there is no deficit in the Education Fund. That’s because funding for schools—like funding for municipalities—doesn’t work like the state budget, and never has. Citizens vote directly on their school and municipal budgets. Their elected representatives vote on the state budget. That makes a big difference.

Economic Survey: Vermont businesses more cautious than rest of US

Wed, 05/09/2018 - 12:03pm -- tim

Vermont Business Magazine Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q2 of 2018 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index. While manufacturers seem to be relatively optimistic about the future of the economy, there is great concern over finding labor and with the health care sector. Overall, Vermont businesses generally have a more cautious view of the economy than the rest of the nation.

Norwich receives $100k from Vermont Mutual for bicentennial campaign

Wed, 05/09/2018 - 11:04am -- tim

Vermont Business Magazine Norwich University has been awarded $100,000 from Vermont Mutual Insurance Group Giving Fund to be paid over the next five years in support of “Forging the Future,” Norwich’s $100 million, five-year fundraising campaign scheduled to conclude in 2019, Norwich’s bicentennial. The Forging the Future campaign is committed to propelling the university into an era where technology, collaboration and interdisciplinary studies attract and retain the brightest students.

UVM names Schadler Dean of Engineering and Mathematical Sciences

Wed, 05/09/2018 - 10:56am -- tim

Vermont Business Magazine Linda Schadler, currently the vice provost and dean of undergraduate education and the Russell Sage Professor in Materials Science and Engineering at Rensselaer Polytechnic Institute (RPI), has been appointed as dean of the College of Engineering and Mathematical Sciences at the University of Vermont.

UVMMC to receive community award

Wed, 05/09/2018 - 3:01am -- tim

Vermont Business Magazine Imagine, after so many things have gone wrong all day, slipping into bed, smelling fresh clean sheets and resting your head on a soft pillow. Imagine feeling safe and warm after fighting with the deep winter cold all day. Can you imagine this and factor in that you are homeless? Helping to provide clean sheets and a safe space for the homeless in Chittenden County is just one piece of the work that UVM Medical Center (UVMMC) does for our community.

Champlain College Online opens interactive kiosk at BTV

Tue, 05/08/2018 - 4:56pm -- tim

Vermont Business Magazine On Tuesday May 8, Champlain College Online unveiled two interactive kiosks in both terminals of the Burlington International Airport as part of its campaign to increase access to higher education in Vermont and across the country. In April, Champlain College Online announced a 50 percent reduction in tuition for its undergraduate online degree programs for adult learners, starting this fall.

College of St Joseph to remain open

Tue, 05/08/2018 - 3:59pm -- tim

Vermont Business Magazine The Board of Trustees voted in favor of keeping the college open following a three-hour meeting on Monday afternoon. The decision was announced by Board Chair A. Jay Kenlan to a cheering audience of students, faculty, administrators and alumni gathered in Tuttle Theater.  A plan for sustainability, presented by CSJ President Larry Jensen, calls for the implementation of several new programs and initiatives, and the expansion of others, with a goal of increased revenue.

Sanders responds to Trump's decision to pull out of Iran nuclear deal

Tue, 05/08/2018 - 3:49pm -- tim

Vermont Business Magazine Vermont Senator Bernie Sanders (I-Vermont) delivered a video response to President Donald Trump's announcement Tuesday that he will pull the United States out of the Iran nuclear agreement. "President Trump’s speech today was the latest in a series of reckless decisions that move our country closer to conflict. By reimposing nuclear sanctions on Iran and withdrawing from the Joint Comprehensive Plan of Action, otherwise known as the Iran Nuclear Agreement, President Trump has put our nation on a dangerous path.

Scheuermann: Outdoor recreation threatened by consumer justice bill

Tue, 05/08/2018 - 3:39pm -- tim

by Representative Heidi E Scheuermann (R-Stowe) Late last week, the Vermont House of Representatives passed S105, a bill with which many have significant concerns (Page 1514 of House Journal). Indeed, the breadth of the bill is exceptionally broad, and will have a significant impact on a number of industries and their ability to do business in Vermont. These include the technology industry, utilities, telecommunications, and many more. That said, the impact about which I am most concern is on our incredibly important, statewide, outdoor recreation industry.

FreshTracks Road Pitch gears up for summer tour

Tue, 05/08/2018 - 3:36pm -- tim

Vermont Business Magazine The fifth annual FreshTracks Road Pitch, a four-day motorcycle tour of Vermont in which a gang of “business bikers” (comprised of investors, entrepreneurs and business advisors) ride around the state and stop in eight Vermont towns to listen to entrepreneurs pitch their business, will be held July 30th through August 2th 2018. Entrepreneurs interested in pitching their concept or existing business to the riders should contact one or more of the local organizers noted below in order to apply for a pitch slot.

Vermont’s oldest weekly names former Pulitzer exec publisher

Tue, 05/08/2018 - 3:24pm -- tim

Vermont Business Magazine The 165-year-old Vermont Standard, based in Woodstock and serving a 10-town area, has its first new publisher in 38 years, according to Phil Camp, Sr, owner and president. Newspaper industry veteran Dan Cotter began his duties as the 11th publisher in the history of the paper on April 30th. Cotter has broad newspaper experience in New England and across the country. He spent nearly twenty years serving in a variety of leadership roles with the Pulitzer Publishing Company, including many years at the St.

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