Funding & Incentives

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.  

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.

The State of Vermont offers an economic incentive for business recruitment, growth and expansion. The Vermont Employment Growth Incentive (VEGI) program provides cash payments to businesses that have been authorized to earn the incentive and who then meet performance requirements. The value of each payment is based on the revenue return generated to the State by prospective qualifying jobs, payroll creation, and capital investments.

Vermonters and visitors alike care about our historic resources. Volunteers, craftspeople, businesses, organizations, and agencies work to identify, restore, preserve, and utilize these resources. All are essential partners in Vermont’s preservation movement.

Vermont established its Certified Local Government (CLG) program in 1985 to better help local governments integrate historic preservation concerns with planning and decision making processes. Because preservation most often happens at the local level, joining the CLG program is an important and effective way to preserve Vermont's historic places.

Established in 1986, the State-funded Historic Preservation Grant Program helps municipalities and non-profit organizations rehabilitate the historic buildings that are a vital part of Vermont’s downtowns, villages, and rural communities, as well as its iconic landscape. 

Established in 1992, the State-funded Barn Preservation Grant program helps individuals, municipalities, and non-profit organizations to rehabilitate the historic agricultural buildings that are a symbol of Vermont’s rural landscape. This is the oldest state-funded agricultural-based grant program in the United States.

Historic Preservation Grants 

If your municipality or non-profit organization owns a historic building, you may be eligible to apply for a Historic Preservation Grant to assist with the cost of repairing and maintaining the structure.

Barn Preservation Grants 

If you own a historic agricultural building, you may be eligible to apply for a Barn Grant to assist with the cost of repairing and maintaining the structure.

Municipalities and the developer of the qualified project may jointly apply to the Downtown Board for a reallocation of sales taxes on construction materials. Qualified projects must be located within a designated downtown district and may be eligible for a reallocation of sales taxes on construction materials.