While Vermont has scant funds to offer financial incentives to attract new businesses to the state, we do have the allure of the Vermont image. By adding to our limited state tourism promotional budget, we can not only encourage people to visit but we can also demonstrate that Vermont is an innovative place to grow a business and a state with great jobs.
Today, there is growth in a variety of industries like beer and food, technology and renewable energy, and aviation and aerospace. By promoting Vermont in other states as the destination to work, build a business, raise a family or even vacation, state revenues would increase from greater sales, income, and rooms and meals tax transactions. This investment would pay for itself through increased state revenues and add to state coffers without raising taxes.