05459 Economic Development Agency

Find 05459 economic development agencies, departments, and corporations. Economic development agencies provide information on resources for economic growth, expansion of local businesses, attracting new business and tourism.

Vermont State Economic Development 2 North Main Street St. Albans VT 05478 10.4 miles from 05459 802-524-4546

Plattsburgh Economic Development 401 West Bay Plaza Plattsburgh NY 12901 27.3 miles from 05459 518-561-5642

Essex Economic Development 81 Main Street Essex VT 05452 31.9 miles from 05459 802-878-1341

Lamoille County Economic Development 582 Laporte Road Morristown VT 05661 33.3 miles from 05459 802-888-5640

Burlington Economic Development 149 Church Street Burlington VT 05401 34.3 miles from 05459 802-865-7144

Vermont State Economic Development 58 East State Street Montpelier VT 05602 52.3 miles from 05459 802-828-5627

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About Economic Development Agencies

What is a tax abatement?

A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.

What is the difference between an Economic Development Agency and an Economic Development Commission?

An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.

What do I need to do to start a new business?

Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.