top of page

VERMONT INCENTIVES SUMMARY

Vermont Employment Growth Incentive (VEGI)
The VEGI provides cash grants to companies that meet performance requirements based on the number of qualifying jobs, increases in payroll, and capital investment.

Vermont Training Partnership (VTP)
VTP provides performance-based training grants for pre-employment training, training for new hires, and training for incumbent workers. VTP grants may cover up to 50 percent of training costs.

Notice: This list of economic development incentive programs is intended to provide a high-level overview of commonly pursued state discretionary programs. A comprehensive analysis of project details will determine the full scope of state and local incentive programs that may be available to support a specific project.

Site
Selection

BlueCap aids companies in developing critical location criteria and implementing thorough evaluation processes for finding future business locations resulting from a need to expand an existing facility, enter new markets, or merge locations

Economic
Incentives

Incentives often drive the approval of company capital budgets by supporting initial capital investments in facilities and equipment, reducing operating costs, and lessening the impact of government taxes and regulations.

Incentives Management

Governments require companies to complete annual reporting to ensure the company achieves its commitments for jobs and capital investment. BlueCap manages reporting for clients for the term of each incentive to ensure clients receive the benefits offered.

Economic
Development
Consulting

BlueCap helps communities of all sizes by implementing strategies focused on industry development, job creation, and tax base stability. BlueCap aids in creating strategic plans, marketing plans, cluster industry analyses, and other economic development activities to attract corporate investment and ensure economic growth.

bottom of page