Rep. Peter Welch unveiled legislation Monday morning aimed at freeing up credit to small businesses by expanding a successful Small Business Administration loan program. At Burlington s Chittenden Bank, Welch and members of Vermont s business and banking communities outlined details of Welch s bill, which is intended to bolster the popular SBA Express Loan Program. By increasing the SBA Express program s current cap of $350,000 to $2 million, the legislation would significantly increase access to credit for Vermont s small businesses. Welch will introduce his bill in the House this week.Small business owners throughout Vermont have struggled since the start of the current economic crisis with securing and retaining lines of credit. At a small business roundtable in Bennington last month, business owners told Welch that the tight credit environment was the single greatest difficulty they faced in expanding their businesses. Vermont small businesses need access to credit in order to weather this economic storm and right now, they don t have that, Welch said. By expanding the highly successful SBA Express Loan Program, I believe we can give our small businesses a key tool to survive these difficult economic times.Established in 1995 to increase the effectiveness and efficiency of SBA s lending programs, SBA Express reduces the amount of required paperwork and accelerates the approval process for small businesses. Because it significantly reduces costs for lending institutions, SBA Express has thrived during the economic crisis, even as other lending programs have not. The program s current loan cap of $350,000, however, has constrained the potential of SBA Express, experts agree.Bennington Chamber of Commerce Executive Director Joanne Erenhouse and Chittenden Bank SBA Loan Officer Robin Shanahan joined Welch at Monday s event to reiterate the importance for both small businesses and lenders of expanding SBA Express. Franklin County Regional Development Corporation Executive Director Tim Smith and Rutland Economic Development Corporation Executive Director Jamie Stewart also attended the event.Source: Welch’s office.
(REUTERS) – Former seamer Darren Gough has been appointed as England’s fast bowling consultant for the warm-up period leading into November’s two-test tour of New Zealand, the country’s cricket board (ECB) said on Wednesday.Gough claimed 229 wickets in 58 Tests for England between 1994 and 2003.“I’m delighted to have Darren on board,” England head coach Chris Silverwood said in a statement.“I have known him a long time and his vast knowledge and experience at international level will drive our bowling unit forward leading into the two-match test series. He will be excellent around the group and will settle in quickly.”England are without a bowling coach after Silverwood was promoted to head coach’s role earlier this month.Gough, a former Yorkshire team mate of Silverwood, will join the test squad in Auckland on Nov. 5 and will work with the pace attack for two weeks before the first test in Mount Maunganui which begins on Nov. 21.“It is a tremendous honour to be asked by Chris Silverwood and Ashley Giles to be involved in this elite environment,” Gough said.“I will gain a lot from the experience and to work at this level will benefit me as a coach for the long-term.”
It was initially fixed for July 1st but it’s likely the game will be brought forward a week due to the county’s minor footballers playing in the Munster final against Kerry on July 5th.There are a number of dual players on both panels and Munster council representative John Costigan says they want to accommodate everyone.
Rick Scott is among those calling out LeBron James for his comments on China. The Lakers star said yesterday that Houston GM Daryl Morey’s tweet in support of Hong Kong protesters hurt people financially, physically, emotionally and spiritually. Senator Scott tweeted it’s sad to see James joining the chorus kow-towing to Communist China and putting profits over human rights. https://www.850wftl.com/wp-content/uploads/2019/10/LeBron.mp3James also said Morey wasn’t educated about the issue, but Scott says James is clearly the one who isn’t educated on the situation.James made the comments before the Lakers’ preseason game against the Warriors in LA Monday. He later clarified on Twitter that he “did not believe there was any consideration for the consequences and ramifications of the tweet.”The Lakers played two preseason games against the Brooklyn Nets in China last week, and the players had to deal with the backlash firsthand.ESPN reports that players met with NBA commissioner Adam Silver in China and many were upset because they felt they were in the middle of the rift between the host country and the league. Morey tweeted out “Fight For Freedom. Stand With Hong Kong,” on October 4th, which caused an uproar from many in China. Multiple Chinese sponsors (the vast majority of Nike shoes are made in factories in China) cut ties with the NBA and China’s state television broadcaster refused to air the preseason games on TV. Rockets owner Tilman Fertitta stated that Morey did not speak for the team.Silver defended Morey’s right to free speech last week, but also regretted that so many Chinese were upset by his tweet.
Aaron Donald (Courier Photo/William McBride/File)NEW YORK (AP) – Every NFL draft is filled with intrigue. When the crop of college players has 102 early entrants, including the likes of Jadeveon Clowney and Johnny Manziel, that simply ratchets up the excitement.Here are five things to watch for in the first round Thursday night:WE’RE NO. 1: That would be the Texans, who went 2-14 last season to more than earn the first spot in the proceedings. But there’s no certainty who they will grab, or if they will stay there.General manager Rick Smith has made it clear the Texans have listened to offers for the first pick.“If we take the first pick, we know who we want,” Smith said. “(But) we are obviously open to moving out of the first pick, if in fact there is an opportunity for us to do so and if we think that is in the best interest of the organization.”Teams that could be interested in jumping up to the top, presumably to select South Carolina star defensive end Clowney, are Atlanta, Tampa Bay and even Dallas, which needs lots of work on its defense.GOING DEEP: Many analysts have dubbed this the best draft for wide receivers in years, perhaps ever. The consensus top guy is Clemson’s Sammy Watkins, followed by Mike Evans of Texas A&M, Brandin Cooks of Oregon State, Odell Beckham Jr., of LSU, Marqise Lee of Southern California, and Kelvin Benjamin of national champion Florida State.Watkins is projected to go in the first five picks, unusually high for a wideout.“I think what sets Sammy apart is his sincerity and passion for the game,” ESPN analyst and 2003 Super Bowl-winning coach Jon Gruden said last week. “Everyone I’ve talked to has come away very impressed with Watkins’ passion to be great and to put forth a tremendous work ethic.”QB CLASS: No one is comparing this to the 2012 class that produced Andrew Luck, Robert Griffin III and Russell Wilson. Still, there’s talk four quarterbacks could go in the opening round.There’s also some thought that only two, Texas A&M’s Manziel and Central Florida’s Blake Bortles, will be taken Thursday night.The other highly rated quarterbacks to watch for are Louisville’s Teddy Bridgewater, Fresno State’s Derek Carr, and two late risers: Georgia’s Aaron Murray and Pittsburgh’s Tom Savage.Manziel, the 2012 Heisman Trophy winner, has lots of boom or bust in him. Nobody can deny he is a big-time playmaker, though.“When you’re dealing with a high-profile position like the quarterback, obviously there’s some well-documented things to cover and to consider,” Gruden said. “Manziel brings a lot of excitement and interest to your organization. Maybe some people don’t want to be part of it. That will be up to them.”IN THE TRENCHES: No fewer than a dozen guys who play on either the offensive or defensive line figure to go Thursday. They range from the NFL-ready tackle Jake Matthews of Texas A&M, whose dad, Bruce, is in the Pro Football Hall of Fame, to UCLA guard Xavier Su’a Filo on offense. On defense, look for Pittsburgh tackle Aaron Donald and Notre Dame nose tackle Louis Nix III.It’s possible that the first three players chosen all will do their work in the trenches: Clowney, Buffalo DE-LB Khalil Mack, and Auburn tackle Greg Robinson.LESSER KNOWNS: Some players from smaller schools to watch out for, if not in the first round then certainly in the second:LB-DE Khalil Mack, Buffalo – A certain high pick who can disrupt any offense with his pass-rushing skills and is no slouch against the run.S Jimmie Ward, Northern Illinois – Hits a ton and had an impressive Senior Bowl. But he comes off foot surgery.QB Jimmy Garappolo, Eastern Illinois – From the same school that produced Tony Romo, he’s skilled, mature and a leader.OL Joel Bitonio, Nevada – Versatile blocker who can play anywhere on the line, he has a real mean streak.___AP NFL website: www.pro32.ap.org and www.twitter.com/AP_NFL