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Vermont Employment Growth Incentive (Vermont)

Eligibility 
Utility
Commercial
Agricultural
Investor-Owned Utility
Industrial
Construction
Installer/Contractor
Retail Supplier
Fuel Distributor
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Vermont
Program Type 
Industry Recruitment/Support
Performance-Based Incentive
Provider 
Vermont Agency of Commerce and Community Development

The purpose of the Employment Growth Incentive (VEGI) is to encourage job creation in Vermont by a Vermont company, a Vermont division of a company that plans to grow and expand in Vermont, a company considering locating a new business or division in Vermont, or a Vermont start-up business activity. VEGI can provide a cash payment, based not the revenue return generated to the state by prospective qualifying job and payroll creation and capital investments, to businesses that have been authorized to earn the incentive and who then meet performance requirements.