Department of Economic Development

Windham County Economic Development Program

NEWS 
AND
ANNOUNCEMENTS

Applications received for Round 1!

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. A small amount of the funds will be retained from the first round of funding to cover potential legal costs.  If these funds are not needed, they will be made available in a future round.

ACCD released the first Notice of Funding Availability (NOFA) and the application on July 28. The due date for the first round of applications is 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 this program, please email ACCD.WCGP@state.vt.us to be included on our Windham County Economic Development Program email list.

Program Information

Application Information 

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 able to attend one of the workshops and you plan to file an application for the current funding round, please contact Kimberly Woolaver at kimberly.woolaver@state.vt.us or (802) 828-3230.

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.     

Useful Links

 

Application Workshop, August 19, 2014


 

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


 

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