The State of Vermont offers an economic incentive for business recruitment, growth, and expansion. The Vermont Employment Growth Incentive program can provide a cash payment–based on the revenue return generated to the State by prospective qualifying job and payroll creation and capital investments–to businesses that have been authorized to earn the incentive and who then meet performance requirements.
The VTP partners with employers and training providers to train Vermont’s employees for the jobs of tomorrow. VTP provides performance based workforce grants for pre-employment training, training for new hires, and incumbent workers.
The Windham County Economic Development Program is meant to promote economic development in the southeast corner of the state by providing funds to stimulate job creation through business start-up, expansion, or relocation; encourage entrepreneurial activity; and strengthen the economic development infrastructure to ensure a strong foundation for transformational economic activity.
Vermont is fortunate to have a variety of capital and incentive programs. Capital sources range from angel investing to an array of debt sources at the Vermont Economic Development Authority and elsewhere. Our incentive programs have been rated among the best. Professionals at the Agency of Commerce and Community Development and our Regional Development Corporations are ready to help you identify the best source for your need and support you through eligibility and applications processes.
Our programs help all of our “Best in Class” Vermont businesses succeed in international markets by providing international trade related educational seminars, trade show participation, technical assistance, and one-on-one consulting services. In many areas we also provide grants and funding for your business to obtain the exposure and necessary infrastructure to make an international transaction possible.
Investments are needed at many stages in a business’ growth. These investments can take different forms, starting with “friends and family” and moving to more institutional investors. Learn more about some of the many resources available in Vermont. Capital sources from outside Vermont and foreign sources are also active in Vermont.