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Regional development corporations ask for $1.25 million to continue small‑business technical assistance exchange

2363443 · February 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Regional development corporations asked the House Commerce & Economic Development Committee for $1.25 million to continue a technical assistance exchange that connects small businesses with vetted local vendors and RDC navigators.

Melissa Bounty, executive director of Central Vermont Economic Development Corporation (an RDC), and other regional commissioners appeared before the House Commerce & Economic Development Committee to request renewal of the Small Business Technical Assistance Exchange. The RDCs said the program helps small businesses buy modest professional services — accounting, marketing, legal, websites — that the businesses often cannot afford or do not know how to procure.

Program performance: Bounty told the committee the most recent RDC…

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