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Committee hears trade, VIDA and Advance Vermont funding and program priorities; Advance Vermont requests $600,000
Summary
Committee members heard reports on international trade recruitment, the federal $250,000 trade expansion program, VIDA's request to act as a backstop lender on housing projects, and Advance Vermont's $600,000 request to formalize K–12 career and CTE pathways and expand platform impact measurement.
The House Committee on Commerce & Economic Development received updates on several economic development priorities on Jan. 16, 2026, including international trade, requests from the Vermont Economic Development Authority (VIDA), and a funding proposal from the nonprofit Advance Vermont.
Cabot Sales, a University of Vermont legislative intern, summarized a Senate counterpart briefing on international trade. Sales said tariffs—particularly those affecting trade with Canada—were a key sticking point, and that some Canadian companies are looking to expand into Vermont to avoid tariffs. He reported the state Trade Expansion Program is supported by $250,000 in…
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