Establishes the Small Business Technical Assistance Exchange to provide grants and professional services to small businesses in Vermont.
The bill creates the Small Business Technical Assistance Exchange, a program managed by regional development corporations to offer grants and professional services to small businesses in Vermont. The Exchange aims to assist businesses with critical tools to grow and adapt. It provides grants of up to $5,000 per business for technical services from approved providers. Eligible businesses must be for-profit entities located in Vermont with at least $5,000 in average annual revenue.
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