Economic Incentives & Tax Credits
High impact incentives for small businesses in Vermont
From major corporate headquarters to small companies with a global reach, Vermont’s economy is diverse, full of innovation and propelled by a world-class workforce. Vermont cultivates innovation, from natural beauty, legendary food, to a myriad of outdoor activities. Vermont is the birthplace of manufacturing in the United States. Other key industries include tourism and agriculture. Vermont offers various resources that are available to facilitate employee training, workforce, market expansion, facilities growth and relocation.
Top tax incentive programs for small and medium-sized businesses in Vermont
Catalyst Program
The Northern Border Regional Commission (NBRC) Catalyst Program supports the mission of the NBRC to fund economic development and infrastructure projects throughout designated counties in its four-state service area.
Elevate Vermont
Elevate Vermont is a technology-based economic development program designed to catalyze growth in Vermont’s high tech business sector through increased access to targeted technical and research assistance.
Forest Economy Program
The purpose of this program is to support the forest-based economy, and to assist in the industry’s evolution to include new technologies and viable business models across the four-state NBRC region.
Vermont Training Program (VTP)
The Vermont Training Program (VTP) partners with employers and training providers to prepare Vermont's employees for the jobs of tomorrow.
Vermont Employment Growth Incentive (VEGI)
The Vermont Employment Growth Incentive (VEGI) program provides cash payments to businesses that have been authorized to earn the incentive and who then meet performance requirements.
Vermont Brownfields Revitalization Fund
The state will award $10 million in grants to advance the cleanup of Brownfields Reuse and Environmental Liability Limitation Act (BRELLA) enrolled sites.
Apply Today
Get the Tax Money You're Owed in Minutes
Subcity empowers small businesses, CPAs, and finance professionals to identify and apply for economic incentives and tax credits. Each year, over $100 billion is allocated for incentives across local, state, and federal programs in the U.S. Unfortunately, a significant portion of this money goes unclaimed or to large corporations with teams of tax attorneys and legal experts.
Subcity utilizes a comprehensive database of incentives to connect small businesses with the programs that were designed to help them create jobs, invest in their communities, and grow their business. Subcity charges a 10-20% fee for the programs they successfully secure, ensuring zero risk for clients as payment is contingent on results. Subcity is on a mission to democratize access to capital for America’s small businesses and has already delivered tens of millions of dollars in tax incentives for clients across the country.