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RDCs urge state to revive small‑business technical assistance grant after high demand

2123782 · January 17, 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 told the committee a prior small‑business technical assistance program funded 209 projects statewide and left roughly 300 applicants waitlisted; RDC leaders requested the program be reconsidered for funding this session.

Andy Jewel, president of the Regional Development Corporations of Vermont, told the committee that a recent statewide small‑business technical assistance program administered by RDCs funded 209 projects and left roughly 300 applicants on a waitlist.

Jewel said the program distributed about $1.25 million in the last round and that average awards were small—designed to pay Vermont vendors to provide technical services such as websites, marketing and inventory management. “The average award was $3,463,” he said in describing the program’s…

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