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VEGI Annual Report.pdf

2020-VEGI.Annual.Report-FINAL.pdf
Preview of VEGI Annual Report
🔗 Source: outside.vermont.gov
📊 Size: 795 KB
👤 Author: Sullivan, Megan
⬇️ Downloads: 235

Summary

The Vermont Employment Growth Incentive (VEGI) program provides incentives to businesses for economic activity in Vermont beyond their organic growth. The program is administered by the Vermont Economic Progress Council and the Department of Taxes. As of 2020, the program has created 7,465 new qualifying jobs, $427,317,778 in new qualifying payroll, and $962,826,861 in new qualifying capital investments, with $27,739,868 in incentives paid. Participants, such as Caledonia Spirits and Twincraft Skincare, have contributed to COVID-19 efforts, including producing hand sanitizer. The program's annual report includes data on authorized incentives, claims, and economic impact.

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Description

The Vermont Employment Growth Incentive (VEGI) program provides incentives to businesses for economic activity in Vermont beyond their organic growth.

Technical Information

  • File Format: PDF
  • File Size: 795 KB
  • Pages: 18
  • Language: EN
  • Author: Sullivan, Megan
  • Total Downloads: 235
  • Last Updated: 7 days ago

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