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VT H0910

VT H0910
An act relating to supporting business growth and development in the State


summary

Introduced
02/19/2026
In Committee
02/19/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to provide coordinated support, technical assistance, and incentives to Vermont businesses of all sizes and at all stages of development by expanding the capacity of the Vermont Small Business Development Center; appropriating additional funds to support the Micro Business Development Program, the Vermont Small Business Law Center, and the Vermont Professionals of Color Network; updating and improving upon the Vermont Training Program and the Vermont Employment Growth Incentive; and developing a one-year high school technical education entrepreneurship pilot program.

AI Summary

This bill aims to bolster business growth and development in Vermont by enhancing support for businesses of all sizes and at every stage of their journey. It proposes to achieve this by increasing the capabilities of the Vermont Small Business Development Center, which provides crucial guidance and resources to entrepreneurs. Additionally, the bill allocates more funding to programs like the Micro Business Development Program, designed to assist very small businesses, the Vermont Small Business Law Center, offering legal aid to startups, and the Vermont Professionals of Color Network, supporting minority entrepreneurs. The legislation also seeks to modernize and improve existing initiatives such as the Vermont Training Program, which helps businesses train their workforce, and the Vermont Employment Growth Incentive, a program that rewards companies for creating jobs. Finally, it introduces a new one-year pilot program in high schools focused on technical education in entrepreneurship, fostering future business leaders.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Read first time and referred to the Committee on Commerce and Economic Development (on 02/19/2026)

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