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January 08, 2013

Lt. Governor Scott and Commissioner Obuchowski Announce Regional Economic Development Grants Will Assist Eight Projects Around Vermont

Lt. Governor Phil Scott and Buildings and General Services Commissioner Mike Obuchowski awarded $151,000 to eight projects from a new grant program established by the Legislature in 2012.

The Regional Economic Development Grant program will assist projects ranging from pre-construction work in Bellows Falls to entrepreneurial support in Poultney. This is the first time that this program has been made available and there was a limit of $25,000 per project.

Lt. Governor Scott praised the winners of the REDG awards. “The flexibility of this program allows for applicants to be very creative and I am very impressed by the projects that were funded.”

Commissioner Obuchowski leads the Department that administers the REDG awards, as well as the Recreational facilities and Human services and educational facilities grant programs.

“I am delighted that the Legislature added a new grant program to our portfolio,” Commissioner Obuchowski said. “These funds will provide much-needed capital to eight very good economic development projects.”

Projects that received funding include:

Islands Center for Arts and Recreation - $15,000

Green Mountain Economic Development Corporation (Randolph) - $25,000

Green Mountain Economic Development Corporation (Hartford) - $25,000

Friends of Algiers Village - $22,500

Poultney Downtown Revitalization Committee - $3,500

Bellows Falls Area Development Corporation – $25,000

Vermont Junior Voltage Foundation, Ltd. - $25,000

Mount Snow Valley Chamber of Commerce - $10,000

Source: Office of the Lieutenant Governor
Last Updated at: January 08, 2013 09:40:52
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