No matter whether you are creating, growing, or relocating a business that is large, small, or somewhere in between, you will find a broad spectrum of financing and incentive options available in Vermont.
We here at BDCC can help you sort through the public and private programs and services, and develop a road map customized for your company’s needs. The range of possibilities include, but are not limited to, tax credit assistance, power rate incentives, revolving loan funds, and state development banking.
Among the many additional financing and incentive resources you can review online for guidance are the following:
- 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 Capitalhttp://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.