The Northeastern Vermont Development Association, Inc. (NVDA) received a $200,000 Rural Business Development Grant (RBDG) from the U.S. Department of Agriculture's Rural Housing Service and Rural Business Cooperative Services. The grant, awarded on June 21, 2024, will support NVDA's delivery of technical assistance, business counseling, market research, workforce development, revolving loan funds, feasibility studies, and other activities to promote sustainable economic development and facilitate the growth of small and emerging private businesses in Vermont's Northeast Kingdom region. As a community development corporation, NVDA utilizes a mix of federal funding, including past awards from the EPA Brownfields Program, USDA Rural Development, and DHS/FEMA, to deliver a range of community and economic development initiatives in the state. The current RBDG award is a two-year project grant that will run through June 21, 2026.
Generated 1/28/25, 9:03 AM