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first_imgOpportunities Credit Union has announced an innovative business loan for Sugarsnap LLC.  Along with VEDA (Vermont Economic Development Authority), Opportunities Credit Union is helping fund the expansion of this six year old company which is opening its second retail store, an expanded commercial kitchen, and new line of preserved food products.  Abbey Duke opened Sugarsnap on Riverside Avenue in Burlington in 2003 with two business partners.  The small food business has managed its own Intervale farm, catering business, and retail outlet on Riverside Avenue.  Duke bought out her partners in early 2009, and considered her goal to keep growing her farm-based business.   She teamed up with Rob Smart, who brought 20 years of experience in community-scale renewable energy experience and an MBA from the University of Washington.  Together they approached Sandy Croft of VEDA with their vision of the future. According to Smart, financing a food business required a lender willing to embrace both financial and community-based returns.   VEDA lender, Sandy Croft, introduced Smart and Duke to Greg Huysman, small business lender for Opportunities Credit Union.  “We love it when we are able to help small businesses with missions that align with ours,” said Huysman, “It makes sense for a creative company to work with a creative lender to grow jobs and support local farmers.”   With commitments from VEDA and Opportunities Credit Union, Sugarsnap was also able to attract multiple private investors.  “It was vital for us to get this support from the state of Vermont and a local credit union early,” said Smart.Sugarsnap will be renovating and improving their current Riverside site, opening a second retail site at Technology Park in South Burlington, and building a state of the art commercial kitchen.  “The combination of attractively priced loans from the lenders and patient capital from our investors,” says Smart, “means Sugarsnap can expand its reach and maintain its reputation as a trusted source of the best food possible.”  Source: OCU. 5.7.2010last_img read more

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first_imgBatesville, IN – The Redevelopment Commission meeting scheduled for this evening in the Batesville Memorial Building is canceled.last_img

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first_img Published on March 3, 2019 at 11:03 pm Syracuse (19-10, 10-6 Atlantic Coast) received a short respite from top-5 opponents in a win at Wake Forest on Saturday. Enter No. 2 Virginia (26-2, 14-2), which has won six games in a row. The Orange lost twice to the Cavaliers last season.Here’s what our beat writers expect to happen.Billy Heyen (22-7)‘Hoos on firstVirginia 67, Syracuse 56The current No. 2 team in the country will spoil Syracuse’s Senior Night. The Orange simply haven’t had an answer for good man-to-man defense because not enough SU players can beat guys off the bounce. UVA might have the best combo of defensive scheme and individual defensive ability in the country. It’ll be a long Monday night for the Syracuse offense.Charlie DiSturco (20-9)‘Hoos House?Virginia 68, Syracuse 54AdvertisementThis is placeholder textTo me, there is no team more complete than Virginia. The Cavaliers are deep, have a multitude of dynamic scorers, shoot the ball well and boast a dominant defense. Syracuse has been playing top-5 opponents well in recent weeks — think Duke and North Carolina — but this UVA team should have no problem tearing up the 2-3 zone. Virginia shoots 40 percent from 3, fourth in the country, and rarely turns the ball over. Not to mention the Cavaliers’ defense ranks second in adjusted efficiency and first in defending the 3 ball. Expect the Orange to struggle in their last home game of the year.Matthew Gutierrez (17-12)CavalierVirginia 60, Syracuse 53The team to hit 60 points wins this game. Last season, at the Carrier Dome, SU fell 59-44, in a slow game that the Cavaliers dictated by playing excellent defense and rebounding. UVA does all of that stuff right. SU is capable of winning here, especially in the final home game of the season, which should warrant a strong crowd. But UVA has 10 ranked wins this season and has lost only to Duke, twice. The better team picks up the victory at the Dome. Comments Facebook Twitter Google+last_img read more

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