Once you have identified the VT PTAC counselor for your geographic area and have completed your client profile you are now ready to identify proper codes and appropriate contracting options for your company.
If you are like most businesses, finding the time, staff or knowledge necessary to successfully market you products or services in the government marketplace is a challenge. VT PTAC makes it easier.
Our expertise comes at no cost to you. Here are some of the specific services we provide.
A Foreign Trade Zone (FTZ) is an area within the United States that the government considers outside the country, or at least, outside of the U.S. Customs territory. Certain types of merchandise can be imported into an FTZ without going through formal customs entry procedures or paying import duties.
Some of the benefits of operating within an FTZ are obvious. At the very least an FTZ can help a business defer paying duties. More often, the company pays lower costs, not only to U.S. customs, but to its bank, insurance company, and other vendors.
The arts community in Vermont—artists, museums and historic sites, arts promoters and agents, writers, and performing arts companies and presenters—plays an essential role in the economy, cultural diversity and the quality of life of Vermonters.
The City of Burlington has been ranked among the top ten most innovative US cities. It’s also home to the highest concentration of software, web, and game development companies in the state.
The Vermont EB5 Regional Center is a USCIS approved and designated regional center, which is owned, operated and supervised directly by the State of Vermont’s Agency of Commerce & Community Development and the Vermont Department of Financial Regulation (collectively “Vermont Regional Center” or “VRC”).
For your information, here is the contact information for Vermont Regional Center approved projects currently seeking capital:
Tax Increment Financing (TIF) Districts have been available in Vermont as a public infrastructure financing tool for many years. Vermont’s TIF program has undergone many statutory changes through the years, especially since the introduction of a statewide education property tax.
The State of Vermont offers an economic incentive for business recruitment, growth and expansion. The Vermont Employment Growth Incentive (VEGI) program can provide a cash payment, based on the revenue return generated to the State by prospective qualifying job and payroll creation and capital investments, to businesses that have been authorized to earn the incentive and who then meet performance requirements.