Incentives, Financing and Programs

An economic incentive for business recruitment, growth, and expansion. VEGI 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.  

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.  

NBRC invests in community and economic development projects in economically distressed counties across Maine, New Hampshire, Vermont, and New York. In Vermont, all 14 counties are included in the NBRC eligible service territory. 

OEA helps defense-related small and medium-sized manufacturers improve their competitiveness, ability to innovate, and overall value in response to defense industry actions or changes in defense contracting. 

Since 1992, the Vermont Small Business Development Center has provided no-cost professional expertise and guidance to hundreds of business owners. VtSBDC can assist with startup planning, financing, sales/marketing, growth strategies, financial management, and operations. 

Through cutting edge legislation, supportive government and a world class infrastructure, “Vermont is the leading captive insurance domicile in the world” as we are now number 1 in the world!

STEP provides funding to support Vermont businesses’  entry into foreign markets or expand their international exports through trade shows, trade missions, market research, and export education.