The Vermont Economic Development Authority (VEDA) Board of Directors approved $8.5 million in financing assistance to support manufacturing, business incubator and small business projects around the state. Total costs of the projects approved for VEDA financing are $15.6 million.These loans will help expand production capacity at several existing manufacturing facilities, said Jo Bradley. In addition, new incubator space will be created for entrepreneurs who have moved beyond the early stages of commercialization, and have begun manufacturing and producing new products and services.Approved for financing by the VEDA Board are: – Autumn Harp, Inc., Essex Junction Industrial revenue bond inducements totaling $4 million were approved by the Board, enabling Autumn Harp to pursue expansion plans for the company. Autumn Harp, founded in 1978, is a private label custom manufacturer of personal care and cosmetic products for major national and international brands. The company plans to maintain operations in Bristol and will expand to a second location in Essex Junction to ensure adequate capacity for continued product diversification, and a growing customer base. Autumn Harp estimates the planned $4.6 million project would increase employment at both facilities by 50 employees over a three year period. – Vermont Center for Emerging Technologies, Inc., Colchester Financing of $1.1 million was approved, allowing the non-profit Vermont Center for Emerging Technologies (VCET) to develop a second business incubator facility in Colchester. Since 2005, VCET has operated a high-technology business incubator on a portion of the former Trinity College campus in Burlington, property now owned by the University of Vermont. The $3.1 million expansion project planned by VCET involves the purchase of 2.2 acres and a 21,000 square foot building in Colchester. The new space will provide incubator facilities to serve companies that have moved beyond initial commercialization and have begun manufacturing and producing products and services. It is expected that jobs will increase over three years from 13 at the current facility to 35 positions housed in both facilities. – Vermont Precision Woodworks, Morrisville The Board renewed a loan guarantee for up to 32% of a $1.25 million Union Bank working capital line of credit for Vermont Precision Woodworks. The VEDA-insured Union Bank line of credit will help the wood furniture manufacturer maintain its recent growth in employment at its Morrisville plant. – Vermont Quality Wood Products, Brandon The Board approved a 6-month renewal of $300,000 in mortgage insurance to guarantee a KeyBank working capital line of credit to owners of the former Vermont Tubbs furniture manufacturing firm. Vermont Quality Wood Products purchased the assets of Vermont Tubbs in 2003 as Tubbs was poised to liquidate the company and close the business. Vermont Quality Wood Products has continued operations since that date, and currently employs 105 individuals. – SecurShred, South Burlington An approved $306,000 loan will allow SecurShred, a growing document destruction company, to purchase a 10,000 square foot warehouse in South Burlington. The $850,000 project will enable SecurShred to increase its capacity and efficiency in the shredding of paper and electronic media for companies in Vermont, New Hampshire, Massachusetts and New York. SecurShred employs 10, and expects to increase that number to 14 within three years of the expansion.In addition, $1.9 million in Vermont SBA 504 Program loans were approved to support $5 million in business real estate and construction project costs. And, small business loans totaling $472,550 were approved by the Board.VEDAs 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 $1.2 billion. For more information about VEDA, visit www.veda.org(link is external) or call 802-828-5627.
Athletics and Football Semifinals (Sunday 24th Nov.) YabaTech Sports Complex, Yaba. Scrabble (YabaTech Indoor Hall, Alumni Building) – 10:00am Athletics Heats (100m, 200m, 400m – Male and Female) – 10:00am UBA vs Union Bank – 1:30pm FCMB vs Fidelity Bank – 3:00pmShare this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The 2019 Nigeria Bankers Games continues this weekend at the YabaTech Sports Complex with the football event in the semi-final stage, the scrabble and athletics events also beginning.This Sunday the Athletics event will witness heat races in the 100m, 200m and the new inclusion – 400m in both male and female categories. The scrabble event is also slated for this weekend at the Yabatech Indoor Hall. The semi-final ties of the football have mouth-watering fixtures as defending champions, UBA take on Union Bank while Union Bank who have been victorious in their last two matches in the competition will be looking to continue their winning form and cause an upset. The second match will see FCMB take on last year’s finalists – Fidelity Bank. Both teams will be looking to book a place in the final. The fixtures for this weekend include;
According to ESPN, Murray was called for those two false starts because his claps which signaled the snap for Arizona weren’t fluid enough. The Cardinals were sloppy from the beginning as they were called for seven penalties in the first quarter alone, but the No. 1 overall pick in the 2019 draft had a lot to do with that. He was twice called for false starts which hamstrung an already struggling offense.So what was Murray doing so wrong that resulted in such an odd penalty? Apparently he wasn’t clapping right. Related News NFL news and notes: Eric Reid sounds off on Jay-Z; Bradley Chubb predicts fun ‘antics’ in 2019 Tom Brady says ‘hell no’ to becoming football coach Here’s why Kyler Murray was flagged for two false starts: His clap on those plays was too herky-jerky. He can use a fluid clap but once he starts hesitating, it’s a penalty.— Josh Weinfuss (@joshweinfuss) August 16, 2019They really called false start on Kyler Murray lol, not sure I’ve seen a QB called for that out of the shotgun. Kyler is not pleased. pic.twitter.com/zwmRCA2wOV— Carson Cunningham (@KOCOCarson) August 16, 2019It’s a less than ideal situation for Murray who has clapped for a snap since his days at Allen High School in Texas. But this form of signal isn’t quite as common in the NFL. Many quarterbacks will still go with a verbal cadence or even the leg lift to signal the center for the snap.At the same time, it’s something Murray has to figure out because the clap is used in the NFL to signal a snap even if it’s less common. The false starts were bad, but that might have even distracted from the rest of his performance. Murray finished 3 of 8 for 12 yards with two sacks which netted a loss of 10 yards. His final sack came in the form of a safety.Hard Knocks Ep 3 SPOILER:LAMARCUS JOYNER WITH THE SAFETY ON KYLER MURRAY 😱(via @NFL) | #OAKvsAZpic.twitter.com/0yKtSxGjwI— FanDuel (@FanDuel) August 16, 2019Murray has all the talent in the world. He has a huge arm and very good speed, but he’ll have to clean up some of that sloppiness going forward. It’s pretty common for penalties and false starts to be the story of football games. But what isn’t common is for one to be called on the quarterback. It’s even less common for it to happen twice in one quarter.But that is exactly what happened in Kyler Murray’s second preseason start on Thursday. NFL preseason 2019: 5 storylines to watch in Week 2