A recent survey by Vermont Business Magazine found local businesses were more upbeat about the state of the economy than national respondents. Just over half expect sales to increase in 2023, while 45% expect to increase spending, and 41% expect to increase staff. Gov. Phil Scott and the Department of Economic Development also announced in May 2023 a new partnership to provide technical assistance and development services to Black, Indigenous and Persons of Color (BIPOC) business owners and professionals. Alongside the Vermont Professionals of Color Network, the program will offer outreach, support, training, technical assistance, networking and resource navigation for BIPOC businessowners and workers.
No income tax consequences for employing Vermonters and buying property, building new structures, expanding existing structures in state.
Manufacturing Machinery and Equipment Tax Credit: Offers an exemption on the Vermont Sales and Use Tax on machinery and equipment.
Vermont Economic Growth Incentive (VEGI): Provides cash payments to businesses based on revenue return generated to the state from qualifying jobs, payroll creation and capital investments.
The Vermont Training Program (VTP): Provides performance-based workforce grants for pre-employment training, training for new hires and training for incumbent workers. VTP grants may cover up to 50% of the training cost.
Vermont Research and Development Tax Credit: Offered to businesses that take the federal Research and Development Tax Credit, with up to 27% of the federal tax credit allowed in the taxable year.
veda.org
thinkvermont.com
montpelieralive.com/doing-business-in-montpelier
burlingtonvt.gov/CEDO/BusinessDevelopment
The Vermont Community Recovery and Revitalization Grant Program is applying $40 million in ARPA money to fund capital improvements or capital expansion projects. Examples include ground stabilization at Chroma Technologies and expansion of the Black River Innovation Campus, which provides support for early-stage tech companies.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
