05448 Economic Development Agency

Find 05448 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 9.9 miles from 05448 802-524-4546

Lamoille County Economic Development 582 Laporte Road Morristown VT 05661 19.6 miles from 05448 802-888-5640

Essex Economic Development 81 Main Street Essex VT 05452 20.4 miles from 05448 802-878-1341

Burlington Economic Development 149 Church Street Burlington VT 05401 24.4 miles from 05448 802-865-7144

Plattsburgh Economic Development 401 West Bay Plaza Plattsburgh NY 12901 27.1 miles from 05448 518-561-5642

Vermont State Economic Development 58 East State Street Montpelier VT 05602 37.6 miles from 05448 802-828-5627

Economic Development Agencies by City

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.