If you are creating, growing, or relocating a business in the Central Vermont area, financing and incentive options are available in many forms.
CVEDC can assist you and your business to find the best fit or combination of public and private programs and services, and develop a detailed plan to meet your needs. Possibilities include, tax credit assistance, workforce training assistance, USDA R-BEG/BOG funding, and small business loans.
This is a smaple listing of the resources
Vermont Economic Development Authority (VEDA) http://www.veda.org , which is Vermont’s economic development finance lender. Visit VEDA’s website to learn more about low-cost lending programs for businesses of all sizes.
The Vermont Small Business Administration (SBA) http://www.sba.gov/vt, a government agency that advocates for small businesses and provides counseling and training resoources.
Vermont Community Loan Fund — FreshTracks Capital http://www.freshtrackscapital.com, an early-stage venture fund for entrepreneur in the fields of software, hardware, telecommunications, media, business information, business systems or biotechnology.
Vermont Employment Growth Incentive (VEGI) http://accd.vermont.gov/business/start/vegi, which can provide a cash payment to businesses based on the revenue return generated to the State by prospective job and payroll creation and capital investments.
Technical Assistance (TA) grants for qualifying businesses through the Central Vermont Economic Development Corporation through the Agency of Commerce and Community Development
Rural Business Enterprise Grant (RBEG) and Rural Business Opportunity Grants (RBOG) to qualifying businesses through the USDA Rural Development office.
WET Funds Grants, through CVEDC and the Vermont Department of Labor
VT Training Program Grants, through the Agency of Commerce & Community Development’s Department of Economic Development.
Community Capital of Vermont business financing for small businesses or lower income entrepreneurs. www.communitycapitalvt.org