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Economic Development agency reviews incentives, trade and industrial building support
Summary
The Department of Economic Development summarized programs to spur job growth — including the Vermont Employment Growth Incentive, Vermont Training Program, State Trade Expansion grants, and a $5 million industrial development fund for commercial buildings — and described trade outreach to Quebec and other markets.
Brett Long, deputy commissioner of the Department of Economic Development, and Tim Tierney, director of business recruitment and international trade, briefed the House Commerce Committee on Jan. 16 about business-support programs the department administers and sponsors.
Long outlined the department’s mission to foster growth and opportunity through job creation, upskilling and infrastructure support. He described the Vermont Training Program (VTP) as an important tool to upskill workers and said the program typically funds supervisory and other skills training that allows businesses to promote from within and backfill positions. Long also described the Vermont…
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