Businesses
Government-funded
$500K
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
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.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must demonstrate job growth above baseline projections
2.Minimum 5 new qualifying jobs (some exceptions for startups)
3.Wages must meet Vermont minimum thresholds
4.Post-performance payment over 5 years
5.Apply to Vermont Economic Progress Council before hiring begins
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).