The Vermont Economic Development Authority (VEDA) is a state-wide organization that provides low-interest loans, mortgage insurance, revenue bonds, and a loss reserve fund to encourage small business loans by participating banks. VEDA can make direct loans to manufacturing firms and other eligible loans under state statute for the acquisition of land, building and improvements, machinery and equipment, and working capital. VEDA also offers a training assistance program for new and existing businesses. These individually designed programs may include on-the-job, classroom, skill upgrade or other specialized training. The Vermont Manufacturing Extension Center (VMEC – www.vmec.org) provides assistance to Vermont's small and medium size manufacturers (under 500 employees).

Vermont's tax incentive program offers incentives based on quality jobs. These tax incentives are available based on whether or not the proposed economic development meets certain guidelines, and whether a cost/benefit model analysis points to a positive net fiscal effect on Vermont's tax revenue. The cost benefit model and other functions of the program are mainly coordinated by the Vermont Economic Progress Council. Vermont's Downtown Development Act is an incentive to help benefit Vermont's downtowns; incentives include assistance with rehabilitation of certified historic or older buildings, sprinkler system rebates, reallocation of sales tax on construction materials, downtown transportation, related capitol improvement fund, planning grant for qualifying for designation, and others.

Vermont's Act Relating to Education, Taxation, and Education Financing provides financial incentives to grow businesses that are the most comprehensive in the state's history.

Vermont's program incorporates a strategic framework that emphasizes quality jobs and symbolizes the state's core values with regard to meaningful employment opportunity. The statute creates an innovative approval process for awarding tax incentives to both businesses and municipalities for economic development activity, especially companies that already call Vermont home, with a special focus on small businesses. The state also offers sales tax exemptions on certain resources vital to industry, including electricity, building materials in excess of $1 million, industrial fuels, and heavy equipment and machinery.

The Vermont Department of Labor offers an apprenticeship training program to help employers upgrade the quality of their workforce. The department also offers on-the-job-training programs that reimburse the employer for a significant portion of employer-provided new hire training.