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$3 million in Northern Border commission funding for economic development

first_imgRep. Peter Welch and leaders from throughout the Northeast Kingdom outlined economic development opportunities presented by the Northern Border Regional Commission (NBRC) during a press conference Thursday morning in Newport.At Newport s Gateway Center, on the shores of Lake Memphremagog, Welch announced the first-ever round of funding appropriated to the NBRC by the U.S. House in July. The $3 million federal investment will help launch the four state regional commission, opening the door for increased funding opportunities for projects in Northern Vermont and its neighboring regions. This groundbreaking regional effort will help northern New England and New York develop a comprehensive economic development strategy and provide significant federal investment to community-based projects in the region, Welch said. By collaborating across state lines and investing in the region s tremendous assets, this effort will help the Northeast Kingdom and the rest of northern Vermont enhance its infrastructure and spur economic development. Most importantly, it will bring jobs to the region.Modeled after the highly successful Appalachian Regional Commission, the NBRC is a federal-state partnership focused on economic development in the northernmost regions of Vermont, New Hampshire, Maine and New York. Created in 1998 with the passage of the Farm Bill, the NBRC will fund community-based efforts ranging from broadband deployment to renewable energy projects to tourism development.Vermont s Caledonia, Essex, Franklin, Grand Isle, Lamoille and Orleans counties are among 36 counties included in the regional development effort. The NBRC will include representatives from each of the states, as well as a presidentially-appointed co-chair.Welch was joined at Thursday s event by a broad range of leaders from the Northeast Kingdom, including Bill Stenger, president and owner of Jay Peak; Jon Freeman, president of the Northern Community Investment Corp.; Dave Snedeker, planning director of the Northeastern Vermont Development Association; Sen. Vince Illuzzi; Newport Mayor Paul Monette; Newport City Manager John Ward; and Trish Sears, CEO of Newport Renaissance.Source: Welch’s office.last_img read more

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Bangladesh rise to No.6 in ODI rankings

first_imgBANGLADESH have climbed up to No. 6 on the ICC ODI rankings on the back of their first victory over New Zealand in conditions outside of home.The five-wicket win came in Dublin where the teams were engaged in a tri-nation tournament with hosts Ireland ahead of the Champions Trophy. Bangladesh now sit above three Full Members – Sri Lanka, Pakistan and West Indies – and have 18 rating points behind England.In the current rankings cycle, results between May 2016 and 2017 get 100% weightage and those between May 2014 and 2016 get 50%. Bangladesh won six out of 14 completed games between May 2016 and 2017, including a drawn series with Sri Lanka. They qualified for the Champions Trophy, a tournament they will play for the first time in 10 years.Bangladesh had 18 wins in 28 completed games between May 2014 and 2016, when they made the World Cup quarter-final and earned series wins over India, South Africa and Pakistan.The top eight teams on September 30 this year gain automatic qualification to the 2019 World Cup. At the May 1 rankings update, Bangladesh were in seventh place with 91 points, with Pakistan only three points behind them.Their promotion now to No. 6 gives them a lot more breathing space.(ESPNCricinfo)last_img read more