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.
***Update in-progress***
Financing Resources
| Num. | Name | Category | Website | Information |
|---|---|---|---|---|
| 1 | Central Vermont Economic Development Corporation (CVEDC) | Lending Agency | CVEDC | CVEDC is one of twelve non-profit regional development corporations in the State of Vermont. |
| 2 | Vermont Economic Development Authority (VEDA) | Lending Agency | VEDA | VEDA is Vermont’s economic development finance lender. |
| 3 | Vermont Small Business Administration (SBA) | Lending Agency | SBA | SBA is a government agency that advocates for small businesses and provides counseling and training resoources. |
| 4 | Vermont Community Loan Fund | Lending Agency | FreshTracks Capital | FreshTracks Capital is an early-stage venture fund for entrepreneur in the fields of software, hardware, telecommunications, media, business information, business systems or biotechnology. |
| 5 | Community Capital of Vermont | Lending Agency | Community Capital of Vermont | Community Capital of Vermont business financing for small businesses or lower income entrepreneurs. |
| 6 | Vermont Employment Growth Incentive (VEGI) | Grants & Incentives | VEGI | VEGI 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. |
| 7 | Technical Assistance (TA) | Grants & Incentives | TA grants for qualifying businesses through the Central Vermont Economic Development Corporation through the Agency of Commerce and Community Development. | |
| 8 | Rural Business Enterprise Grant (RBEG) and Rural Business Opportunity Grants (RBOG) | Grants & Incentives | USDA | |
| 9 | WET Funds Grants | Grants & Incentives | Vermont Department of Labor | WET Funds Grants, through CVEDC and the Vermont Department of Labor. |
| 10 | VT Training Program Grants | Grants & Incentives | VT Training Program Grants, through the Agency of Commerce & Community Development’s Department of Economic Development. |