Main Local Economy Information in Vermont
Vermont’s economy includes a strong focus on agriculture, especially dairy farming, and a growing tech sector. The state is also known for its tourism, particularly related to skiing and outdoor activities.
Your Vermont and Local Small Business Funding Guide
Vermont supports small businesses with various programs including low-interest financing options, grants for environmental and energy-saving projects, and resources tailored to the agricultural and tourism sectors.
Small Businesses in Vermont
Small businesses in Vermont are supported by a community-oriented approach that values sustainable practices and local production. The state offers numerous incentives and support mechanisms for small enterprises.
Documents Needed to Get a Small Business Loan in Vermont
- Business plan highlighting sustainability and growth strategy
- Financial projections and existing financial records
- Business and personal tax returns
- Registration and licensing documentation
- A comprehensive review of credit history
Vermont Department of Commerce: Key Functions and Contact Information
Website URL: Vermont Agency of Commerce and Community Development
Phone: [802-828-3211]
Address: One National Life Drive, Montpelier, VT 05620-0501
Local Resources in Vermont
Vermont’s small businesses can benefit from the Vermont Small Business Development Center (VtSBDC), offering expertise in business planning, financing, and marketing to help businesses thrive.
How to be Successful with Business Funding in Vermont
Success in Vermont often involves aligning business practices with the state’s emphasis on sustainability and community. Utilizing local networks and state programs can greatly enhance funding opportunities.
SBA Resources in Vermont
The SBA provides various services in Vermont, including access to capital, educational workshops, and specialized programs that cater to the unique needs of Vermont’s key economic sectors.