For the second time in two months, effective April 1, 2008, the Vermont Economic Development Authority (VEDA), will lower its interest rates for commercial financing. VEDAs variable rate for taxable borrowers will drop to 3.5%, and the Authoritys variable rate for tax-exempt borrowers will drop to 3%. In February, 2008, the same rates went from 6.5% to 5%, and from 5.5% to 4.5%, respectively. “This is VEDA’s way of doing our part to help stimulate Vermont’s economy,” said Jo Bradley, the Authoritys Chief Executive Officer. “VEDA is keeping pace with a lower rate environment that exists throughout the nation, and we believe lowering interest rates again for Vermonts business community is the right move at the right time to help stimulate jobs creation and economic growth.”Prospective commercial borrowers who may benefit from the new lower rates are Vermont companies engaged in manufacturing, processing, warehousing, research and development, recycling, travel and tourism, information technology, and other businesses as defined in statute. Also eligible for the lower rates are Vermont businesses who build, install or update technology and communications infrastructure, and Vermont nonprofit local and regional development corporations who borrow to plan and develop industrial parks, or build facilities for lease to identified eligible tenants.VEDA’s mission is to promote economic prosperity in Vermont by providing financialassistance to eligible businesses, including manufacturing, agricultural, and travel and tourism enterprises. Since its inception in 1974, VEDA has made financing commitments totaling over $1.3 billion. For more information about VEDA, visit www.veda.org(link is external) or call 802-828-5627.
Coming off two dominating first-place finishes at both the Big Ten Championships and the Great Lakes Regional, the No. 1 UW men’s cross country team looks to end its three-year run as runner-up and win the title for the first time in 20 years when it races Monday in Terre Haute, Ind.Led by senior Simon Bairu, last year’s national champion and three-time Big Ten title winner, the Badgers are desperate for a national title.”I think the team as a whole is incredibly hungry for this championship,” junior Chris Solinsky said. “I think I speak for everyone on the team saying that we’re going to do whatever we can to get the job done and go in there with the right mindset to hopefully accomplish our main goal, which is to win the title.”Winning it all will be no small task, even for these Big Ten-record-setting Badgers. There are several teams with a legitimate shot at the championship — Arkansas, defending champion Colorado, Arizona and Notre Dame, among others, could all make bids to keep the Badgers from the title.”There’s always a handful of teams that will be vying for that national title,” head coach Jerry Schumacher said. “I think right now, when you look at it, Colorado, the defending national champion, looks very, very strong. Arkansas looks outstanding. The University of Arizona looks to be very, very good.And then there will be another team that will surprise us and really run well that day that’ll be in the mix up there. There’s a handful of teams that can win, and it’s really going to come down to who manages the day the best and who gets the job done that day.”Arkansas, with talent and experience similar to Wisconsin’s, has one of the best chances of beating out the Badgers for the title Monday.Leading the Razorbacks’ contingent are senior Josphat Boit, third-place finisher at the regional championship, who was selected SEC Athlete of the Year; senior Josh Robles; and second-place finisher, junior Peter Kosgei.The Razorbacks went undefeated in seven meets this year en route to claiming their 32nd consecutive SEC cross-country title and 16th consecutive South Central Regional championship.The defending champion Buffaloes take a team to Terre Haute that swept its regional meet last weekend and has won a team or individual NCAA title in each of the past five years, including an individual win in 2002 by Jorge Torres and last year’s championship, both of which took place on the same course in Terre Haute.”Colorado ran a great race last year and their patience paid big dividends at the end of the day,” Schumacher said.Running for the Buffaloes is one-two punch senior Bret Schoolmester and junior Billy Nelson, along with seniors Austin Baille and Payton Batliner and sophomores Stephen Pifer, Pete Janson and James Strang.For No. 4 Arizona, junior Robert Cheseret leads the charge, searching for the trifecta after winning the conference and regional titles. Finishing behind Cheseret in both the Pac-10 Championships and Western Regional, Obed Mutanya is one of the other six runners competing for the Wildcats Monday.Paving the way for Stanford’s contingent of runners is junior Neftalem Aria and senior Brett Gotcher.Notre Dame looks to end on a strong note after a disappointing 11th-place finish last year, sending Kurt Benninger — who has emerged as a legitimate national title contender — and seniors Sean O’Donnell, Tim Moore and Kaleb Van Ort.Despite facing competitive teams, possible unfavorable weather conditions and three consecutive runner-up finishes, Solinsky and company have stepped it up and are ready to go, confident that they can in fact reach the next level.”We will try to put together the best strategy that will allow us to compete at the highest level on Monday,” Schumacher said. “I think we are going to be a contending team, and I know the guys are really excited and I’m excited, and I think we’re ready to go down there and see what happens.”Though no guarantee, many believe Wisconsin is a heavy favorite to bring home the title.”Not to put too much pressure on Jerry, but really, you don’t ever want to say they’re a lock, but I can say it,” women’s cross country coach Jim Stintzi said. “You can quote me on that.”
Kano State Governor, Abdullahi Umar Ganduje, has showered $1,000 on each of the Kano Pillars players and officials as part of the incentives for the Sai Masu Gida for winning the 2019 AITEO Cup.Pillars defeated Niger Tornadoes via penalty shoot out after regulation time ended goalless.In appreciation of the team for winning the former FA Cup for the state for the first time in 66 years, Ganduje said: “We are giving $1,000 to each player and members of your technical crew making that $40,000 for all of you to share. This is just one of the several gestures lined up to appreciate your effort.” Speaking at the Government House in Kano on Monday when the team paid him a ‘Thank You’ visit and to officially present the trophy to the governor,Ganduje assured them of his continued support and commitment towards the development of the club and other sporting activities in the state.He said that as far as he is concerned, “Kano Pillars remain the best football club in Nigeria. And all Nigerians know this and they understand this very well when Pillars defeated Niger Tornadoes.“We have every reason to celebrate. Our players are disciplined, committed and extremely patriotic.”He explained that it is his administration’s resolve to give sporting activities priority which explains why he decided to come up with a new Ministry of Youth and Sports Development.“We are proud of our youth. We are proud of you Kano Pillars. This victory means a lot to us,” he emphasised.Still on the AITEO Cup triumph, Ganduje said it remains one trophy that eluded the state for a long period despite Kano Pillars winning the league title several times.“This trophy eluded our state for over 60 years. We are happy that the long wait is now over as Kano Pillars have finally won it for us. We have every reason to rejoice with you our dear Pillars. We shall do everything possible for your development,” Ganduje reiterated.He disclosed that, the state government would host the team in a special and befitting state dinner where he would unveil some surprise packages for the players and officials as a way of appreciating them on behalf of the good people of Kano State.“When the final match ended goalless and a winner has to emerge via penalty shoot out, I knew we were going to win the trophy. I wasn’t surprised when Pillars made it,” he stressed.New Chairman of the Kano Pillars, Suraj Shu’aibu Yahaya commended the governor for all his untiring efforts in moving the club forward, assuring him, “my tenure as a Chairman of this great club would maintain discipline and culture of winning trophies. Yes, our players are disciplined and they would remain so and improve upon that.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram