Windham County Economic Development Program
NOTICE OF FUNDING AVAILABILITY RELEASED
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.
Applicant workshops will be scheduled in the region. Watch this site for dates and locations.
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 povide loan underwritng and review. 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.
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.
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
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.
- Southeastern Vermont Economic Development Strategies (SeVEDS)
- SeVEDS 2014 Comprehensive Economic Development Strategy Report
- Windham Regional Commission
- Windham County Regional Plan
- Municipal Information and Links to municipal plans
- Brattleboro Development Credit Corporation (BDCC)
- June 3, 2014 Public Meeting PowerPoint Presentation
July 9, 2014 Brattleboro Area Chamber of Commerce (BACC) luncheon with
Governor Shumlin and Secretary Pat Moulton PowerPoint Presentation