Our Services
Serving Lamoille County’s business community for more than 50 years.
Support for Entrepreneurs
LEDC can help area entrepreneurs by:
- Providing financial advise, assistance and loans
- Assisting with state and regulatory processes
- Providing business and marketing consulting
- Providing special training and other educational opportunities.
LEDC provides these services free of charge to any start-up or existing business in the county that wishes to expand, increase employment, reach new markets and be more successful.
Lending & Financial Support
Helping our economy grow by developing tools and providing business assistance is the core of Vermont’s economic development plan. Putting this assistance together to benefit low-to-moderate income residents is what Lamoille Economic Development Corporation (LEDC) has done with the Lamoille County Revolving Loan Fund.
Marketing Assistance
The Lamoille Economic Development Corporation offers marketing consulting assistance, free of charge to the business community in Lamoille County. If your business needs help creating a profitable marketing plan or needs assistance implementing the technical aspects of online marketing, give LEDC a call.
Website Development Grants
For-profit businesses in Lamoille County, with at least one full-time employee, are eligible to apply for the LEDC Website Development Grant that provides start-up money to create a company’s first website, or to redesign an out-dated website, with our in-house webmaster.
Business Training
In cooperation with the Vermont Small Business Development Center, the Lamoille Economic Development Center offers workshops eight times per year on various topics ranging from marketing, sales, operations, financial issues, technical issues. Stay tuned for a list of upcoming workshops.
Business Trainings & Events
LEDC offers its own business workshops and also partners with the Vermont Small Business Development Center to assist businesses with direct access to training opportunities.
Wednesday, Oct 19, 2022, 9 a.m. – noon
Green Mountain Tech. & Career Center
738 Vermont 15
Hyde Park, VT
Wednesday, Nov 16, 2022, 9 a.m. – noon
Green Mountain Tech. & Career Center
738 Vermont 15
Hyde Park, VT
January 3rd, Hyde Park
February 6th, Stowe
March 13th, Johnson
April 3rd, Cambridge
The State of Vermont Economic Development has an array of funding and incentive programs.
The State of Vermont offers an economic incentive for business recruitment, growth and expansion. The Vermont Employment Growth Incentive (VEGI) program can provide a cash payment, based on 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.
The VTP partners with employers and training providers to train Vermont’s employees for the jobs of tomorrow. VTP provides performance based workforce grants for: pre-employment training, training for new hires and incumbent workers.
The Tax Cuts and Jobs Act of 2017 included the creation of a new tax-incentive aimed at increasing private investment in low income census tracts. Investors in these zones will receive preferential tax treatment when they invest in a newly created “Opportunity Fund.” After undergoing a process that was recognized as a best practice, Governor Phil Scott designated 25 census tracts in 17 communities as Opportunity Zones .
The State Trade Expansion Program (STEP) provides funding assistance to eligible Vermont businesses to support entry into foreign markets or expand international export activities such as participation in trade shows, trade missions, market research, and export education seminars.
The Brownfields Revitalization Fund promotes the productive reuse of sites that are currently abandoned or not fully utilized due toncontamination on the site. By providing financial assistance forncleaning up these sites, Vermont continues its commitment to
environmental stewardship, community investment, and economic growth.
The Vermont Legislature created relocation incentives to attract new residents to the state and grow the workforce as well as provide support to Vermont employers. The application is currently closed but stay tuned for information about additional incentives as they become available.
25,362
Lamoille County Residents
952
Women-Owned Businesses
98
Minority-Owned Businesses
960
Businesses Who Employ Workers
WHAT'S HAPPENING
For the latest news regarding economic development opportunities in Lamoille County.
LEDC
Membership Benefits
We offer our members funding, services, and support and we retain a full-time staff to provide these services. We hope you will take advantage of all LEDC offers.
Community
Meet Our Members
Our members cover a wide array of industries, from hospitality and dining to construction and professional services. Get to know our team today!
CHAMBER
Lamoille Chamber
Our Chamber represents and advocates for the wide range of business in Lamoille county, including hospitality, manufacturing and services.
Your Partner In
Growing The Future.
We hope you will join us in our ongoing mission to promote and grow Lamoille County’s economy. As business owners and community members, we are stronger when we work together.