Vermont News

Thursday, December 15, 2011

VT, Sandia partner on new energy research center
The University of Vermont will house a joint Center for Energy Transformation and Innovation – the result of a $15 million, three-year partnership announced earlier this week between the state of Vermont and the U.S. Department of Energy's Sandia National Laboratory.

Monday, October 17, 2011

South Korea's AnC Bio could bring 200 jobs to Vermont
AnC Bio VT, a South Korean portable dialysis and cell therapy firm, is setting up in a 20,000-square-foot building it has leased in Newport, Vt., where it plans to eventually double that space and add 200 jobs.

Friday, September 30, 2011

Federal funds help kick off New England cleantech consortium
A partnership to spur innovation and research in clean technology across New England has pulled down $1.25 million in federal funds to go along with $1.65 million raised through partners such as state agencies.

Thursday, September 29, 2011

Patient Engagement Systems marks new identity with new funding
Patient Engagement Systems, which changed its name from Vermedx Inc. in May, has taken in a small amount of funding with a $350,000 debt and securities financing reported in a regulatory filing Wednesday.

Monday, September 26, 2011

DOE backs Northern New Hampshire wind project
The U.S. Department of Energy has signed off on a partial guarantee for a $168.9 million loan that will support a 99 megawatt wind generation project in New Hampshire’s Coos County.

Wednesday, September 14, 2011

AllEarth Renewables expands solar tracking reach
Just two months after it struck a deal to sell its solar tracking technology throughout Vermont, AllEarth Renewables has announced a new agreement to add New Hampshire and Maine channels.

Friday, September 2, 2011

MIT and Mass. companies get solar boosts
In a week when the solar energy sector has been under fire, MIT and three Massachusetts companies are among the beneficiaries of a U.S. Department of Energy solar technologies program that has awarded $145 million to 69 organizations in 24 states.

Thursday, September 1, 2011

Wind Power Holdings takes in $10M financing
Wind Power Holdings Inc., a wind turbine development company in Barre, Vt., has raised $10.1 million in a finance offering combining equity, options and units of stock and warrants.

Tuesday, August 9, 2011

Aprexis finds funds for managing medicine
Aprexis Health Solutions Inc., a health-care IT firm in Burlington, Vt., has taken in $700,000 in equity funding, the company reported in a regulatory filing Monday.
Vermont's Draker Laboratories lands $2.9M
Draker Laboratories Inc., a hardware monitoring and data management company for commercial-scale renewable energy systems in Burlington, Vt., has raised almost $2.9 million in an equity financing, federal documents show.

Monday, August 1, 2011

Vermont aims to attract high-tech grads with cash award
Vermont is looking to attract college graduates in the fields of science, technology, engineering and math (STEM) with an incentive program that could award $1,500 annually for up to five years to recent graduates hired by Vermont companies.

Wednesday, June 15, 2011

Startup TrioMed brings in $6M of $8.5M round
Healthcare startup TrioMed Innovations of Williston, Vt., has reported closing on $6 million in an $8.55 million equity round, according to a filing with the U.S. Securities and Exchange Commission.

Tuesday, June 14, 2011

Coakley backs Vermont proposal to shutter nuclear plant
While saying she's not taking a position on whether the Vermont Yankee nuclear plant should close next March, Massachusetts Attorney General Martha Coakley's office filed a legal brief Monday supporting Vermont's position on the matter.

Friday, February 25, 2011

Middlebury College selling old courthouse to Vt. incubator
The incubator Vermont Center for Emerging Technologies will relocate one of its facilities to Middlebury, Vt., by purchasing an old courthouse owned by Middlebury College for $2 million.

Thursday, December 30, 2010

Vermont Transco takes in $68M financing
Vermont Transco LLC, the owner of the Green Mountain State’s high-voltage electric transmission system, has raised $67.7 million in an equity offering, according to a regulatory filing.

Thursday, December 9, 2010

E-Corp brings ESL tech firm's HQ to Vt.
E-Corporate English (E-Corp), a French company providing tech-supported English as a Second Language training (ESL), is expected to announce today its plan to move its headquarters to Middlebury, Vt. E-Corp is bringing in-house its IT department, previously outsourced to an Indian firm.

Thursday, September 30, 2010

Green Mountain Digital's nature apps attract $1.5M
Green Mountain Digital (GMD), a Woodstock, Vt.-based digital media publishing startup, has raised just under $1.5 million in a Series A funding round from investors including the Vermont Seed Capital Fund LP.

Thursday, August 5, 2010

Vermont telco wins $81M grant for rural broadband
Vermont Telephone Co. won a broadband stimulus grant Wednesday from the U.S. Department of Agriculture worth more than $81 million, along with a $35 million government-backed loan to bring high-speed Internet access to the Green Mountain State’s underserved rural communities.

Friday, April 23, 2010

Vt. college opens $5.8M biomass plant
With the goal of cutting its carbon emissions by more than 50 percent, Vermont’s Green Mountain College opened a new $5.8 million biomass plant today.

Thursday, April 22, 2010

Vermont solar and wind projects get $5.5M boost
Solar and wind installation projects for residential and business use in the Green Mountain State got a $5.5 million boost from the Vermont Clean Energy Development Fund (CEDF) Board.