Agency: DED

This is the state's flagship economic tool. It is NOT a tax credit; it is a cash payment paid out over 5 years if you hit your hiring targets. It requires rigorous modeling to prove the "But-For" clause—that you would not have done the project without this money.

Agency: VEDA

When a bank will only lend 50% of a project's cost, VEDA steps in to lend another 40%, often at a lower rate. This "subordinate" debt allows businesses to retain cash. It is widely used for buying machinery or expanding ski resorts.

Agency: Agency of Ag

A hugely popular grant for the "working landscape." It funds infrastructure (e.g., a new slaughterhouse, a lumber kiln, a maple bottling line) that helps not just one business, but the whole local supply chain.