From planning to site selection to funding and workforce training, GMEDC can help.

Whether you only have the germ of a business plan or need the financing and space to grow an already thriving company, we have the resources and expertise to guide you from concept onward. For towns looking to attract businesses, we bring together all the best resources of government, education and private enterprise to help companies grow, improve and thrive.

We’d love to meet with you and discuss opportunities.  Call us at 802 295 3710 or email us today. Also, check out our one-page flyers: GMEDC Area Profile, Services & Incentives, and Innovations & Entrepreneurship for more information.

Real Estate

GMEDC can directly invest or facilitate real estate investments for the purpose of job growth and retention.

For businesses in the process of upgrading facilities and equipment, we can help tap the resources available, including energy efficient and green resources. We assist clients in site selection for their main facilities or expansion. We work closely with local real estate professionals and maintain a broad database of available locations. Some of our services include:

  • Site selection for facilities or expansion through local real estate professionals and our database of locations
  • Assistance with local and state permits
  • Development and redevelopment of properties and the adaptive re-use of existing structures
  • Help with upgrading facilities and equipment, including energy efficient and green resources

For additional real estate information, check out the:

Also, read how GMEDC purchased a 23,000 square foot building to keep employer Advanced Illumination in Central Vermont, along with 43 high-skill jobs.

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Financials

We help East Central Vermont businesses find the right financial solution.

From business loans to guarantees, tax incentives, grants and an array of other loans and venture capital, we help companies find the right solution to get the capital they need to grow, expand, modernize and open new markets.

Through GMEDC your business can access the Vermont Employment Growth Incentive (VEGI), which provides cash incentives to companies that will add new, qualifying jobs, payroll and capital investments in the state.

We assist clients with incentives available through the Vermont Economic Progress Council (VEPC), for a wide variety of purposes, including inducements to expand to certain regions, modernize or update equipment and facilities or simply to keep or grow quality jobs.

We work with the federal government’s Small Business Innovation Research (SBIR) program, which helps eligible smaller businesses with R&D during critical start-up and development stages.

For additional financial resource information, check out the:

Also, read how a GMEDC-facilitated grant helped Bridgewater-based ShackletonThomas focus on its passion while addressing new market realities.

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Business

Our business is to make it easier for you to do business.

GMEDC has a strong relationship with the Small Business Development Center (SBDC) whose highly skilled counselors are available for advice for start-ups, expansions, problems resolutions and many other issues.

We work with a broad range of state, municipal, town, professional, trade group and industry organizations in Vermont, giving you the contacts and connections that will make a huge difference.

With in-depth knowledge of markets and business conditions, we provide a broad range of technical assistance in areas like market sourcing and leads, import/export financing and navigating complex trade regulations that can create opportunities and open doors.

We work with the federal government’s Small Business Innovation Research (SBIR) program, which helps eligible smaller businesses with R&D during critical start-up and development stages.

For additional information on business development, check out the GMEDC Innovation and Entrepreneurship flyer.

Also, read how Sound Innovations leveraged a small grant through GMEDC for a major defense contract, and potential expansion.

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Workforce Development

We connect employers with resources to develop their current and future employees.

The GMEDC can help employers navigate workforce development challenges by introducing companies to education and funding partners and coordinating the development of on-the-job training programs to meet immediate skill needs.

Upper Valley Workforce Needs Assessment

The GMEDC analyzed labor data and interviewed twenty-six regional employers to identify in-demand skills in the Health Care and Social Assistance, Manufacturing, and Professional, Scientific, and Technical Services industries.

download-report4Download the 2014 Upper Valley Workforce Needs Assessment to learn about initiatives to connect classroom learning with future careers, provide just-in-time technical training, and develop effective managers. The assessment also highlights industry-specific issues and skill demands and contains appendices rich with regional job data, education and training resources, and interview quotes.

Little League of Manufacturing

Employers need to invest in the future success of their company by connecting with local students “their future workforce“ today. This is the philosophy behind the Little League of Manufacturing, the brainchild of John Olson, CEO of Whelen Engineering in Charlestown, New Hampshire. Since 2011 Whelen Engineering has collaborated with the local school district to provide a hands-on manufacturing education for middle- and high school students. The GMEDC is currently working with two local manufacturers and multiple school districts to bring the program to East Central Vermont. Businesses, school administrators, teachers and community members interested in the Little League of Manufacturing are encouraged to contact the GMEDC for more information: info@gmedc.com.

Vermont Training Program

The GMEDC introduces clients to the Vermont Training Program which may generate reimbursement for up to one half of the cost of training new or existing workers in the following industries: Manufacturing, Health Care, Telecommunications, Information Technology, and Environmental Engineering.

Advanced Machinist Apprenticeship Program

The Advanced Machinist Apprenticeship Program was developed in 2012 in response to local manufacturers’ concerns about a lack of young advanced machinists to replace retiring employees. The program consists of eight courses taught over a four-year period at Vermont Technical College. The program allows individuals to take college courses at a convenient time and location while working full-time. mchnstAn in-kind software donation worth more than $12 million from Siemens PLM Software, a world-leading provider of product lifecycle management (PLM) software, and a $36,960 grant from the Vermont Department of Labor, was received in 2012 to support the program.

Download the Advanced Machinist Apprentice Program Orientation 2013 (PDF) or contact Jeffrey Higgins at Vermont Technical College for more information: jhiggins@vtc.edu.

Legislative Advocacy

GMEDC works with area legislators to implement appropriate policy change.

GMEDC served on the Brownfields Legislative Committee during the past session to create legislation which enables Regional Development Corporations to acquire and redevelop brownfields properties with the express intent to bring the property to market. The RDCs would be protected from liability.

concepts1GMEDC also advocated for change in the Vermont Employment Growth Incentive (VEGI) legislation benefitting business expansion in the region. This change made the Concepts NREC expansion possible in 2012.