Learn More about CDFI's and Small Business Resources in Vermont see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
New Hampshire New Market Investment Co., LLC
Northern Community Investment Corporation
Opportunities Credit Union
RNA Community Builders, Inc.
Rutland West Neighborhood Housing Services, Inc.
Vermont Community Loan Fund, Inc.
Vermont Development Ventures Inc.
Vermont Rural Ventures, Inc.
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Social Enterprise Associates (SEA), a New Mexico fellowship of consultants banded together to deliver social mission-based services, are the first, B Lab certified company in the region and have been awarded as one of the 2014 Best for the World B Corps for their long-range economic and social impact.