The Comprehensive Economic Development Strategies (CEDS) process identified there is a need to create an entrepreneurial environment and culture in the Windham region. Currently, there is a lack of comprehensive start-up infrastructure to launch new businesses quickly. The So. Vermont Business Accelerator is designed to provide services and support for innovators forming new businesses as well as expanded existing businesses who are bringing new products to the regional market. The Accelerator will connect innovators, access to space, mentoring, and funding. Essentially providing innovators everything that is needed to rapidly transform an idea into a marketable product.
The Accelerator will work in conjunction with the Innovation Hub for Resilient Design as envisioned in the Green Building Cluster Project. The Accelerator is intended to drive business performance and increase job creation. Over the next 18 months the Accelerator project and associated staff will conduct sector-wide outreach and marketing of Accelerator services among establishments and individuals within the Entrepreneurial and Green Building realm. Using the Accelerator to support the formation of the Green Building Center of Excellence has the potential to generate a unique dynamic that will enhance national visibility, and attract talent and investments to the region. The So. Vermont Business Accelerator will be an economic engine for innovation driving business formation, job growth and product development throughout the Tri-County region.
Project Reference Material:
For questions please contact Kristin Mehalick, SeVEDS Project Manager, [email protected]