§ 280aa. Findings and purpose

§ 280aa. Findings and purpose (a)(1) Vermont-based businesses in seed, start-up, and growth stages are a vital source of innovation, employment, and economic growth in Vermont. The continued development and success of these businesses is dependent upon the availability of flexible, risk-based capital. (2) Because the primary assets of Vermont-based businesses in seed, start-up, and […]

§ 280bb. Vermont Entrepreneurial Lending Program

§ 280bb. Vermont Entrepreneurial Lending Program (a) There is created the Vermont Entrepreneurial Lending Program to be administered by the Vermont Economic Development Authority. The Program shall seek to meet the working capital and capital-asset financing needs of Vermont-based businesses in seed, start-up, and growth stages. The Program shall specifically seek to fulfill capital requirement […]