Economic Development

Regional economic development grants anounced

VCF Staff — Tue, 08 Jan 2013 14:53:00 +0000

Lt. Governor Phil Scott and Buildings and General Services Commissioner Mike Obuchowski awarded $151,000 to eight projects from a new grant program established by the Legislature in 2012. The Regional Economic Development Grant program will assist projects ranging from pre-construction work in Bellows Falls to entrepreneurial support in Poultney.

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Vermont non-profit wins $2.8 million grant to help low-income seniors find jobs

VCF Staff — Fri, 03 Aug 2012 14:58:31 +0000

A Vermont non-profit has won a $2,865,734 US Department of Labor (DOL) grant provided through the Older Americans Act’s Senior Community Service Employment Program, to help train and place low-income Vermonters – aged 55 and older – in jobs around the state.

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Governor Shumlin kicks off 'Bring It Back to Vermont' jobs initiative

VCF Staff — Thu, 12 Jul 2012 18:15:00 +0000

Governor Peter Shumlin and Vermont Labor Commissioner Annie Noonan have released some initial results of an ongoing survey of Vermont employers showing that many are currently looking for workers and project additional job openings into the future. Today’s announcement kicked off a committed focus by the Shumlin administration to encourage employers and potential workers – with a special focus on young Vermonters and those who have left the state – to make Vermont home.

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VEDA approves $11 million in economic development financing

VCF Staff — Wed, 29 Feb 2012 14:02:00 +0000

The Vermont Economic Development Authority (VEDA) has approved business and agricultural financings totaling $11 million, helping stimulate $25 million in economic development activity throughout the state.

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Tax Foundation ranks Vermont 4th from bottom for business climate

VCF Staff — Wed, 25 Jan 2012 18:29:00 +0000

Relying heavily on broad-based taxes, the Tax Foundation ranked Vermont 47th in the nation in its 2012 version of the State Business Tax Climate Index. he Foundation states that it compiles this information to enable business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare.

Link to report

State awards planning grants

VCF Staff — Fri, 30 Dec 2011 19:49:57 +0000

Vermont has awarded nearly $410,000 dollars in municipal planning grants to 42 communities around the state. The grants are meant to boost town objectives in areas such as economic development, village revitalization and future housing needs.

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Vermont finances show signs of life

VCF Staff — Fri, 22 Jul 2011 16:08:04 +0000

Vermont’s econonomy outperformed the U.S. during the past 12 months, with tax revenues that exceeded projections by 2.5%. Nevertheless, state economists cautioned the legislature and administration of the risks to Vermont's economy should national policy makers fail to reach an agreement about raising the U.S. debt ceiling.

Link to full article and report

Vermont ranked low in report on growth of female-owned businesses

VCF Staff — Mon, 25 Apr 2011 19:58:38 +0000

American Express recently commissioned a study of census data that ranked Vermont 45th in the nation for growth in the number of female-owned firms in the past 14 years, with a “stagnant” rate of 26.2 percent.

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Data show Vermonters moving back toward the city

VCF Staff — Tue, 22 Feb 2011 21:11:54 +0000

Census data released earlier this month offer tantalizing, if sometimes conflicting, evidence that Vermonters are moving toward established city centers. That’s a contrast to trends in previous population data, which showed residents were attracted to outlying areas, farther from the center of town.

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Shumlin, lawmakers and businesses unveil Jobs Bill to get Vermonters back to work

VCF Staff — Thu, 17 Feb 2011 20:48:26 +0000

Heavy on food and agriculture, Vermont Governor Peter Shumlin and key lawmakers, appearing at Vermont Butter and Cheese Company, today unveiled a comprehensive package of proposals to promote manufacturing, job training, veterans’ employment, value-added agriculture jobs and more to jumpstart Vermont’s economy.

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