Department of Economic Development

Windham County Economic Development Program

NEWS 
AND
ANNOUNCEMENTS
NOTICE OF FUNDING AVAILABILITY RELEASED
NOFA (Read Me First)

Application

(Please refer to NOFA for download instructions)

ADDITIONAL APPLICATION INFORMATION

Application Workshop PowerPoint
Workshop Handout
Scoring and Review Information
Loan Terms
SeVEDS Goals and Objectives
Other Funding and Financing Resources
FAQs

In a Memorandum of Understanding between the State of Vermont and Entergy, Entergy agreed to provide $2 million per year for five years to the State of Vermont “to promote economic development in Windham County.” These funds will be administered by the Agency of Commerce and Community Development (ACCD) through the Windham County Economic Development Program.

None of the funds are being utilized for administration by the State of Vermont.  All additional duties, time and resources are being absorbed by ACCD and the agency's existing employees.

ACCD released the first Notice of Funding Availability (NOFA) and the application on July 28.

The due date for the first round of applications 4:30 p.m.on September 23 and the first round of grants and loans will be awarded in early December.

Eligible applicants include municipalities, non-profit organizations, governmental agencies, and businesses.  Applications from municipalities, non-profits and governmental organizations will be considered for grants.  Applications from businesses will be considered for financing. ACCD has partnered with the Vermont Economic Development Authority (VEDA) to provide loan underwriting and review of loan applications.  VEDA has the capacity, existing infrastructure, and skills to develop lending and alternative financing programs.  Several financing options are available and the financing repayments will remain in a revolving fund for Windham County for perpetuity.  

Any business interested in financing through the Windham County Economic Development Program are advised to contact the Brattleboro Development Credit Corporation and the Vermont Small Business Development Center staff, co-located with BDCC. They can provide confidential advice, business plan development, and technical assistance.

Municipal applicants may contact the Windham Regional Commission for technical assistance. 

Stay Informed

If you would like to be kept informed about the Notice of Funding Availability, program application material, and deadlines and awards, please email ACCD.WCGP@state.vt.us to be included on our Windham County Economic Development Program email list.

Application Workshops 

On August 19, application workshops were held in Townshend and Vernon. Attendance at one of the application workshops is mandatory to file an application.  If you were not ale to attend one of the workshops and you plan to file an application for the current funding round, please contact Fred Kenney at fred.kenney@state.vt.us or (802) 777-8192.

Public Comment

Click here for a list of the public comments submitted through June 20, 2014 and here for comments submitted July 10, 2014.  If the person submitted written comments as a document or email, you can link to that document from this list.  Public comments have been reviewed and incorporated into the program design where feasible.  

Click here for facts about the Windham County Economic Development Program that also indicate how the public comments have been inccorporated.  

Other Funding and Programs for Windham County

Click here for a list of other funding and financing options. In addition to the funding opportunity explained above, and the regularly available State and Regional programs, the Vermont Department of Labor will offer comprehensive programs and services for individuals impacted by the Entergy VY closure. Details on these programs will be available through the Department of Labor in the near future.

The Vermont Clean Energy Development Fund, located at the Vermont Public Service Department also received $2.6 million from the Entergy VY settlement for clean energy development activities in or for the benefit of Windham County. The CEDF will publish a Notice of Funding Opportunity soon. Please contact the CEDF directly with questions. 

Useful Links

Luncheon with Governor Shumlin and Secretary Pat Moulton, July 9, 2014 

Windham County Revolving Loan Fund: Public Hearing, July 10, 2014