Brattleboro Development Credit Corporation

AWARD PURPOSE.WORC PURPOSE: IN ALIGNMENT WITH THE JUSTICE40 INITIATIVE, THE PURPOSE OF THE WORC INITIATIVE GRANTS IS TO CREATE ECONOMIC MOBILITY, ADDRESS HISTORIC INEQUITIES FOR MARGINALIZED COMMUNITIES OF COLOR, RURAL AREAS, AND OTHER UNDERSERVED AND UNDERREPRESENTED COMMUNITIES, AND PRODUCE HIGH-QUALITY EMPLOYMENT OUTCOMES FOR WORKERS WHO LIVE OR WORK IN THE APPALACHIAN, DELTA, AND NORTHERN BORDER REGIONS, ENABLING THEM TO REMAIN AND THRIVE IN THESE COMMUNITIES. PROJECT TITLE: SOUTHERN VERMONT WORKFORCE CENTER OF EXCELLENCE (WFCOE)GRANTEE REGION: NBRCDELIVERABLES EXPECTED OUTCOMES.TOTAL PARTICIPANTS: 300PARTICIPANTS OBTAINING NEW OR ENHANCED EMPLOYMENT: 150INTENDED BENEFICIARIES.TARGET POPULATION: DISLOCATED WORKERS, INCUMBENT WORKERS, NEW WORKFORCE ENTRANTSAREAS TO BE SERVED: VERMONT - WINDHAM, BENNINGTON AND WINDSOR COUNTIES.ACTIVITIES TO BE PERFORMED.SUMMARY OF PROJECT: THE SOUTHERN VERMONT WORKFORCE CENTER OF EXCELLENCE (WFCOE) PROJECT WILL EXPAND ACCESS TO GOOD JOBS, BUILDING EQUITY BY EMPOWERING THE PEOPLE WHO POWER THE ECONOMY. BY INCREASING ECONOMIC MOBILITY AMONG UNDERSERVED PEOPLE AND CONNECTING EMPLOYERS WITH THE TALENT THEY NEED, THIS PROJECT WILL TRANSFORM THE REGIONAL ECONOMY. THIS RURAL REGION HAS EXPERIENCED DEMOGRAPHIC AND ECONOMIC DECLINE DUE TO OUTMIGRATION AND AGING, NATURAL DISASTERS, CLOSURES AND LAYOFFS. THE SOUTHERN VERMONT CEDS GUIDES SOLUTIONS, BOTH STRATEGIC AND STRUCTURAL. THE PROJECT IS BOTH. IT DELIVERS STRATEGIC PROGRAMS, WHILE BUILDING A CENTER THAT CAN HELP TRANSFORM THE REGIONAL ECONOMY BY CREATING COHERENCE IN THE REGIONAL WORKFORCE SYSTEM. THE PROJECT WILL FOCUS ON FOUR SECTORS, BASED ON THE AVAILABILITY OF GOOD JOBS AND ROBUST PARTNERSHIPS WITH EMPLOYERS AND TRAINING PROVIDERS: HEALTHCARE AND BEHAVIORAL HEALTH MANUFACTURING LOGISTICS AND WHOLESALE AND SKILLED TRADES.SUBRECIPIENT ACTIVITIES.THE RECIPIENT INTENDS TO SUBAWARD FUNDS.

AWARD PURPOSE GUIDE PEOPLE TO EMPLOYMENT & TRAINING, IMPROVE ECONOMIC MOBILITY, AND ADDRESS LABOR SHORTAGE. BUILD A COLLABORATION ACROSS VERMONT WORKFORCE DEVELOPMENT ENTITIES, POWERED BY A TECHNOLOGY SYSTEM THAT EMPOWERS PEOPLE AND PROVIDERS. ACTIVITIES PERFORMED BDCC WILL DEPLOY THE SKILLLAB PLATFORM AMONG THE PROJECT NETWORK AND TARGET AUDIENCES. BDCC WILL FACILITATE TRAINING / TECH SUPPORT BY TECHNOLOGY PARTNERS/SUB-RECIPIENTS SKILLLAB AND GREEN RIVER. THE PROJECT NETWORK WILL USE THE TOOL FOR CAREER GUIDANCE MATCHING PEOPLE TO JOBS, TRAINING, AND EDUCATION THROUGH THE PLATFORM. DATA GENERATED WILL BE USED TO INFORM WORKFORCE DEVELOPMENT PROGRAMMING. DELIVERABLES PARTICIPANTS RECEIVE FREE TOOL TO MAP SKILLS AND GOALS TO EMPLOYMENT AND TRAINING; THE PROJECT NETWORK CAN CONDUCT CAREER GUIDANCE USING SKILLS-BASED CLIENT DATA AND REAL-TIME LABOR MARKET DATA; DATA ANALYSIS GENERATED ON SKILLS AVAILABILITY AND GAPS IN RELATION TO REGIONAL LABOR DEMAND; LABOR MARKET ACTORS LINKED VIA PLATFORM USING COMMON FRAMEWORKS AND DATA STANDARDS TO IMPROVE DELIVERY OF SERVICES AND PROGRAMS. INTENDED BENEFICIARY REFUGEES & ASYLUM-SEEKERS; UNEMPLOYED / UNDEREMPLOYED CLIENTS OF HOUSING AGENCIES AND PROGRAMS; INDIVIDUALS PURSUING CREDENTIAL / TRAINING PROGRAMS WITH WORKFORCE DEVELOPMENT NETWORKS; UNEMPLOYED / UNDEREMPLOYED CLIENTS OF STATEWIDE AGENCIES AND PROGRAMS; YOUTH ENTERING THE WORKFORCE / EXITING REGIONAL HIGH SCHOOLS OR COMMUNITY COLLEGE SUBRECIPIENT ACTIVITIES SKILLLAB: CORE PLATFORM – DISTRIBUTION TO PROJECT NETWORK, DEVELOPMENT OF ADDITIONAL MODULES DESIGNED TO BUILD THE CAPACITY TO USE A COMMON FRAMEWORK AND FACILITATE INCLUSION OF LABOR MARKET INFORMATION. GREEN RIVER: PERFORMANCE MEASUREMENT, DATA ANALYSIS, REPORTING, SOFTWARE DESIGN & DEVELOPMENT, AND RELATED SERVICES TO THE PROJECT INITIATIVE.

THIS AGREEMENT WILL PROVIDE FUNDING TO THE BRATTLEBORO DEVELOPMENT CREDIT CORP TO CLEAN UP A BROWNFIELD SITE IN BRATTLEBORO, VERMONT. CLEANUP OF THE LONG FALLS PAPERBOARD SITE INCLUDES REMOVAL AND DISPOSAL OF CONTAMINATED SOILS. BROWNFIELDS ARE REAL PROPERTY, THE EXPANSION, DEVELOPMENT OR REUSE OF WHICH MAY BE COMPLICATED BY THE PRESENCE OR POTENTIAL PRESENCE OF A HAZARDOUS SUBSTANCE, POLLUTANT, OR CONTAMINANT.

RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS

GREEN BUILDING CLUSTER

BRATTLEBORO DEVELOPMENT CREDIT CORPORATION (BDCC) SEEKS FUNDING FROM THE EDA'S CAPITAL CHALLENGE TO HELP CREATE "THE WINDHAM SEED FUND" (WSF) WHICH WILL INCREASE CAPITAL ACCESS IN A RURAL REGION WHERE RISK CAPITAL INVESTMENT TOOLS DO NOT CURRENTLY EXIST. THE WSF WILL INVEST IN BUSINESSES LOCATED IN THE WINDHAM REGION THAT ARE SCALABLE AND THAT WILL GENERATE JOBS AND WEALTH TO HELP BUILD RESILIENCE AND DIVERSIFY THE ECONOMY OF SOUTHEASTERN VERMONT. THE FUND IS SECTOR AGNOSTIC, BUT INCLUSIVENESS AND EQUITY, JOB CREATION, THE DIGITAL ECONOMY, WEALTH GENERATION, AND PROJECTS THAT HAVE THE GREATEST ECONOMIC IMPACT WITHIN THE REGION WILL BE PRIORITIZED. IN THE NEXT THREE YEARS 12-15 BUSINESSES WILL RECEIVE EARLY STAGE RISK CAPITAL FUNDING RESULTING IN 124 NEW JOBS. BUSINESSES WILL BE SUPPORTED BY MENTORS AND WITH PEER-TO-PEER ENTREPRENEUR SUPPORT, INCUBATION, ACCELERATION SERVICES, AND PROFESSIONAL TECHNICAL ASSISTANCE. SINCE THE CLOSURE OF ENTERGY'S VERMONT YANKEE NUCLEAR

RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS

RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS

RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS

RURAL COOPERATIVE DEVELOPMENT GRANTS

TRAINING AND TECHNICAL ASSISTANCE TO SBA MICROLOAN BORROWERS AND PROSPECTIVE BORROWERS

SECTION 6006 COMMUNITY FACILITIES (CF) TECHNICAL AND TRAINING (TAT) GRANT

SECTION 6006 COMMUNITY FACILITIES (CF) TECHNICAL AND TRAINING (TAT) GRANT

SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)

SOUTHEASTERN VERMONT EDS

SOUTHERN VERMONT 2024 CEDS FOR BENNINGTON AND WINDHAM COUNTIES

TO ASSIST WOMEN, LOW-INCOME, AND MINORITY ENTREPRENEURS, BUSINESS OWNERS, AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS. UNDER THE PROGRAM, THE SMALL BUSINESS ADMINISTRATION (SBA) WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE, NON-PROFIT, AND QUASI-GOVERNMENTAL ORGANIZATIONS (INTERMEDIARY LENDERS) THAT WILL USE THE LOAN FUNDS TO MAKE SHORT-TERM, FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO $50,000 TO START-UP, NEWLY ESTABLISHED, AND GROWING SMALL BUSINESS CONCERNS. THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL, INVENTORY, SUPPLIES, FURNITURE, FIXTURES, MACHINERY, AND/OR EQUIPMENT. IN ADDITION, THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING, MANAGEMENT, AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS. UNDER THE PROGRAM, SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDI

SOUTHERN VERMONT CEDS PROJECT

SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)

BRATTLEBORO DEVELOPMENT CREDIT CORP - VT

THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.

RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT

RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT

SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)

BRATTLEBORO DEVELOPMENT CREDIT CORPORPORATION - VT TO ASSIST ALL ENTREPRENEURS BUSINESS OWNERS AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS UNDER THE PROGRAM THE SMALL BUSINESS ADMINISTRATION SBA WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE NON PROFIT AND QUASI GOVERNMENTAL ORGANIZATIONS INTERMEDIARY LENDERS THAT WILL USE THE LOAN FUNDS TO MAKE SHORT TERM FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO 50000 DOLLARS TO START UP NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL INVENTORY SUPPLIES FURNITURE FIXTURES MACHINERY AND OR EQUIPMENT IN ADDITION THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING MANAGEMENT AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS UNDER THE PROGRAM SBA WILL ALSO PROVIDE TRAINING FOR INTER

SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)

SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)

SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)