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State Economic Development Resources & Incentives

Vermont Department of Economic, Housing and Community Development (DEHCD)

A Department of the Vermont Agency of Commerce and Community Development; DEHCD’s principle focus is to support Vermont’s Business. Much of this support is delivered through specialized programs that provide solutions to business challenges. (http://accd.vermont.gov/business/)

Vermont Economic Progress Council (VEPC)

The State of Vermont offers an economic incentive for business recruitment, growth and expansion. The Vermont Employment Growth Incentive (VEGI) 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. (http://accd.vermont.gov/business/start/vegi)

Vermont Training Program (VTP)

The Vermont Training Program provides comprehensive resources to prepare Vermont’s workforce for new and enhanced positions with Vermont’s diversified base of employers. (http://accd.vermont.gov/business/start/training)

Vermont Procurement and Technical Assistance Center

VT PTAC exists to help Vermont businesses succeed in obtaining government contracts. The center offers free counseling services to Vermont businesses and provides assistance on how to bid on government contracts at the federal, state and local levels. (http://accd.vermont.gov/business/start/vtptac)

Vermont Department of Labor (VDOL)

VDOL’s primary focus is to provide services that assist businesses, workers, and job seekers. (http://labor.vermont.gov/)

Vermont Economic Development Authority (VEDA)

For over three decades the Vermont Economic Development Authority has partnered with Vermont banks and other lenders to provide low-interest loans to Vermont businesses and farms, both large and small.  (www.veda.org)

Vermont Small Business Development Center (VTSBDC)

VtSBDC provides no-cost, confidential business advising and low-cost training services to all small businesses and new ventures in Vermont. (http://www.vtsbdc.org)

Vermont Secretary of State’s Office

Contact the Secretary of State to register your business in Vermont, learn about business types, attain forms and fees, and search trade names. (http://corps.sec.state.vt.us/)