About the Program:
The states of Vermont, Connecticut, Maine, Massachusetts, New Hampshire and Rhode Island have received a joint grant of $1.5 million from the U.S. Department of Defense's Office of Economic Adjustment (OEA) to create an organization called the New England Regional Defense Industry Collaboration.
Businesses in which the Department of Defense was the ultimate recipient of products and services representing at least 10% of the company’s sales in one of the last five (5) years qualify for assistance under the grant.
These funds will be used by the organization to coordinate the growth of defense-related businesses across the six-state New England region. The primary goals of the organization will be to aid small and medium-sized businesses in meeting new cybersecurity requirements for businesses participating in the defense industry supply chain, as well as to create a trusted supplier network that will make it easier for large defense contractors to locate smaller suppliers that are able to meet their production, certification and process requirements.
We are looking for interested businesses! If you believe that your business may qualify, or if you know of another business that you think might qualify, please let us know. We want to have the greatest possible impact on the Vermont economy.