§ 697 -   Incentives and initiatives

§ 697. Incentives and initiatives

The following incentives and initiatives shall be available to new or expanding business entities located within the job development zones:

(1) income tax credits as set forth in 32 V.S.A. §§ 5925 and 5926;

(2) preferential consideration from the Vermont economic development authority as set forth in 10 V.S.A. §§ 233, 253 and 263;

(3) targeted assistance under the Job Training Partnership Act, to the extent allowable by federal law;

(4) targeted assistance under the Vermont training program as set forth in 10 V.S.A., chapter 22;

(5) funding for the purpose of program implementation to the regional development corporation which includes a job zone. Said funding shall be through increased grants to economic development corporations provided for in section 24 V.S.A. § 2784(a);

(6) infrastructure assistance as set forth in section 698 of this title;

(7) technical assistance from the agency of commerce and community development to develop applications for community development block grant and urban development action grants, rural development action grants, and other community improvement and economic development grants and to assist businesses with permits and licenses;

(8) direct, localized assistance from small business development center. (Added 1985, No. 172 (Adj. Sess.), § 1; amended 1993, No. 89, § 3(a), eff. June 15, 1993; 1995, No. 190 (Adj. Sess.), § 1(a).)