VEDA approves $3 million in financing

first_imgThe Vermont Economic Development Authority has approved $3 million in financing to support Vermont business and agricultural development projects totaling $9.5 million, including to the Vermont Agricultural Credit Corporation and The Essex. Investments in Vermont s agricultural economy represent a third of our lending this month, said Jo Bradley, VEDA s Chief Executive Officer. Additional investments in the travel and tourism sector of Vermont s economy were approved, and the Authority will assist in the financing of several small business, drinking water system, and energy conservation projects.The Authority approved:$1.04 million in farm ownership and operating loans through the Authority s agricultural financing program, the Vermont Agricultural Credit Corporation;Essex Inn Partners, Ltd., Essex Financing of $1.3 million was approved as part of a $6 million project to finance improvements at The Essex (formerly the Inn at Essex). Chittenden Bank is also participating in the project. The Project improvements include the Inn s new 13,200 sq ft. spa center and indoor pool, a more efficient HVAC system for the whole Inn, a new culinary kitchen allowing the Inn to expand its culinary programs for guests, and other renovations that will add six new guest rooms, a new boardroom and a game room.  The Inn currently employs 56, a number projected to more than double to 112 within three years as a result of the Project.In addition, VEDA approved:$324,764 to repair or improve existing privately-owned drinking water systems through the Drinking Water State Revolving Loan Fund;$320,000 for several small business development projects through the Vermont Small Business Loan Program; and$64,152 through the Vermont Business Energy Conservation Loan Program to help small businesses make energy efficiency and conservation improvements.VEDA s mission is to promote economic prosperity in Vermont by providing financial assistance to eligible businesses, including manufacturing, agricultural, and travel and tourism enterprises. Since its inception in 1974, VEDA has made financing commitments totaling over $1.4 billion. For more information about VEDA, visit www.veda.org(link is external) or call 802-828-5627.last_img read more

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Nutella Cupcakes with Nutella Buttercream

first_img Sharing is caring! 23 Views   no discussions Share Food & DiningLifestyle Nutella Cupcakes with Nutella Buttercream by: – June 20, 2011 Tweetcenter_img Nutella cupcakes.Ingredients for cupcakes:2/3 cup Nutella1 cup all-purpose flour1 1/2 cups cake flour1 1/2 cup unsweetened cocoa powder2 teaspoons baking soda1 teaspoons baking powder3/4 teaspoon salt3 large eggs1 1/2 cups sugar3/4 cup butter, softened2 1/2 cups buttermilkFilling:1/2 cup NutellaDirections:Preheat oven to 350 degrees F. Sift together flours, cocoa powder, baking soda, baking powder and salt. Whisk to combine. In a large bowl or stand mixer, beat eggs and sugar until they are pale yellow and thick in consistency. Add in butter and mix to combine. Add Nutella and buttermilk and beat until incorporated.Add in flour 1-2 cups at a time, mixing in after each addition. Scoop batter to fill lined cupcake tins 2/3 full. Bake for 22-25 minutes until tops bounce back when touched lightly. Allow to cool 5-10 minutes.When cupcakes are still warm, fill a pastry bag with a round tip with the 1/2 cup Nutella. Insert tip into the top of each cupcake in the center about 1/2″ down. Squeeze in Nutella, about 1 tablespoon for each cupcake. Allow cupcakes to cool completely.by Babble.com Share Sharelast_img read more

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LMC’s Hammer Falls on FC IfeanyiUbah, Rangers over Fans Misconduct

first_imgIn a statement from the LMC on their official Twitter handle which reads; “FC Ifeanyi Ubah has been charged by the LMC for breach of Rule B8.21 on MatchDay 13 in their home fixture against Plateau United.“FC Ifeanyi Ubah was charged for failing to provide adequate security for match officials who were threatened on their way to the dressing room at half time by the club’s supporters wielding dangerous objects.“FC Ifeanyiubah has 48 hours to communicate in writing, acceptance of the decision or elect to appear before a panel.THISDAY Sports recalled that Plateau United were banished to Ilorin and fined N3m after their fans encroached the pitch and lynched the centre referee in their Matchday 1 fixture against FC Ifeanyi Ubah which ended goalless.Aside FC IfeanyiUbah, former league champions, Enugu Rangers were on the wrong side of the rules and regulations of LMC and as such received a fine of N2.5 million for breaching league rules during their Matchday 14 which was the match against Katsina United in Enugu.The Flying Antelope failed to provide adequate security to prevent fans gained access to the pitch and almost broke into the dressing room thereby breached Rule B13.52.1, B13.52.2 and B8.21 of the League.Rangers International of Enugu won the said match by a lone goal. Moments after the match, their fans encroached the pitch and gained access to restricted area. The reason for the sanction came into public domain from the league body via its official Twitter handle which reads; “Rangers International has been fined a total of N2.5m for breaches of Rule B13.52.1, B13.52.2 and B8.21 during their MatchDay 14 fixture against Katsina United.“The LMC in a Summary Jurisdiction notice charged the club for failure to ensure adequate and effective crowd control as spectators gained access to restricted area such as the running tracks in breach of Rule B13.52.1.“A third charge against Rangers International was breach of Rule B8.21 in that the club failed to provide adequate security for match officials who were prevented from gaining access to the dressing room and forced to remain on the pitch at half time.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Femi SolajaIn a bid to further instill discipline into domestic football scene, the League Management Company (LMC), Thursday slams FC Ifeanyi Ubah and Rangers International of Enugu for gross misconduct in the on going football season.FC IfeanyiUbah was charged for failing to provide adequate security during their week 13 home game against Plateau United and the LMC also gave the club FC 48 hours to communicate in writing, in acceptance of the decision or otherwise before the panel.last_img read more

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