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Vermont Employment Growth Incentive (VEGI)

Vermont Economic Progress Council (VEPC)VT-VEGI
Max per Applicant

$500K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Vermont

About This Program

Cash incentive payments for Vermont businesses creating new full-time jobs above a performance benchmark. VEGI is a post-performance incentive — businesses receive annual payments for 5 years after verifying job creation, wages, and capital investment milestones.

Key Requirements & Eligibility

  • 1Business must demonstrate job growth above baseline projections
  • 2Minimum 5 new qualifying jobs (some exceptions for startups)
  • 3Wages must meet Vermont minimum thresholds
  • 4Post-performance payment over 5 years
  • 5Apply to Vermont Economic Progress Council before hiring begins

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

ManufacturingTechnologyHealthcareAgriculture
Official Source