INCENTIVE DESCRIPTION

State:	VT
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Training Credits
Description:	1. WORKFORCE DEVELOPMENT TAX CREDIT: Income tax credit up to 20% of qualified workforce training and education expenses. A credit of up to 25% for qualified workforce training and education expenses for individuals who are participating in "Reach-Up" or other economic self-sufficiency programs. 2. HIGH TECH WORKFORCE DEVELOPMENT: A high tech business may receive a 20% tax credit for qualified training and education expenses. A 25% tax credit is available to a business's training costs of individuals participating in the "Reach-Up" program or other economic self-sufficiency programs.
Eligibility Requirements:	1. Companies operating an industrial manufacturing facility. 2.Must be a high tech business.
Geographic Restrictions:	Statewide
Granting Authority:	Vermont Economic Progress Council

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.