High economic growth, an educated workforce, and strong communities provide unlimited opportunity for businesses and workers. We know that people and companies have choices about where to locate: They can grow in Vermont or elsewhere. What sets us apart is our scale. Our small size means an interactive, warm atmosphere where our state officials actually care. They don’t create obstacles, they find solutions, whether it’s our Secretary of Commerce, Commissioner of Economic Development, or even the Governor.

We can help you find the right facility, the right workforce, and the right incentives. We can provide the right climate for growth. We can and will meet your needs and treat you right. There is tremendous opportunity in Vermont. We rank #1 on the Opportunity Index (2017), which is based on a combination of economy, education, and community factors. Come join us and see for yourself.

 

Funding and Incentives

Whether you need start-up funding, financing for facility expansion, or advice on how to best leverage tax incentives, Vermont has the resources to help.

• Vermont Employment Growth Incentive (VEGI) - 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.
• Capital & Incentives - 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.
• Vermont Training Program (VTP) - 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.
• International Grants - 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.
• Windham County Program - 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.
• Investment Capital - 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.

 

Your Partners in Success Are Right Here

Your unique business needs require the highest level of expertise. Whether you are a manufacturer, brewer, or software designer, your business is going to need partners to help you along the path to success. In Vermont, those partners are everywhere, from our state Agency of Commerce and Community Development and regional development corporations to specialty organizations that serve particular industries.

You can find technical assistance for developing your business plan, guidance in obtaining capital investments, training to hone your employees’ skills, infrastructure advice when building out your site, advice on government procurement, and so much more by consulting the technical resources below.

 

For more information, visit our website or contact us at info@thinkvermont.com

 

 

Links to websites outside the U.S. Federal & State Government Agencies are for the convenience of the user. Such use does not constitute an official endorsement or approval by the Federal or State government agency of any private sector website, product, or service. We have performed limited due diligence research; but we strongly recommend that you perform your own due diligence investigation and background research on any company. We assume no responsibility for the professional ability or integrity of the providers listed. We reserve the right not to list any particular company.