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Senate committee backs small‑business technical assistance as top budget priority; municipal assistance and other requests discussed
Summary
Central Vermont Economic Development Corporation briefed the Senate committee on the Small Business Technical Assistance Exchange and asked for $1.2 million to continue a navigator-and-provider model that helps small, often under‑networked firms access professional services.
Central Vermont Economic Development Corporation Executive Director Melissa (last name given in testimony) and other regional administrators briefed the Senate committee on the Small Business Technical Assistance Exchange (SBTAE), a state program that pairs local business navigators with vetted professional service providers to help small firms access technical assistance (bookkeeping, legal, website development, engineering, etc.).
Program design and results: Melissa said the program was run in FY24 with state funding and that the current request is for $1.2 million to continue and scale the model, which includes a program…
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