Economic Development

Business Grants

Background

The Vermont Training Program (VTP) has been offering performance-based workforce training grants for over 30 years.  The VTP provides up to 50% of the training cost for: pre-employment, new hire, and/or incumbent employee training.  Grants are paid out on a reimbursement basis upon completion of employee training. 

Vision and Goals

The Vermont Training Program will be a flexible, nimble, and strategic workforce development program to enhance the skills of the Vermont workforce and increase productivity of Vermont employers.  

Additional Contracting Support

Photo of a military pilot

VT PTAC is part of network of Procurement Technical Assistance Centers throughout the US that share one common goal: to provide business with an understanding of the requirements of government contracting and the know-how to obtain and successfully perform federal state and local contracts.

Getting Started

Client Photo

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.

Become a Client

If you are like most businesses, finding the time, staff or knowledge necessary to successfully market your products or services to the government is a challenge. VT PTAC makes it easier.Client Photo

Does my business qualify for the VT PTAC program?

To be eligible to work with VT PTAC, you must:

Foreign Trade Zone Agreements

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.

Operating within an FTZ allows a business to potentially defer paying duties. The company will also face lower costs, not at U.S. customs, but at its bank, insurance company, and other vendors.

Follow the links below to learn more about duty-deferment programs.

Arts & Culture

The Arts in Vermont
The Arts in Vermont

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.

Software & Games

Software Development in Vermont
Developed in Vermont

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.

Tax Increment Financing (TIF)

St. Albans - Stephen Goodhue
Taylor Park, St. Albans
Tax Increment Financing (TIF) Districts are a tool for municipalities to finance public infrastructure spending and spur downtown property redevelopment. Though the Vermont TIF program has undergone many statutory changes, it has been available and successful for many years.

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