Springfield Innovator Wins $50,000 to Support Entrepreneurs

Vermont District Office  - Oct. 8, 2019

u s small business administration
BRIC Wins $50K to Support Entrepreneurs

Black River Innovation Campus Wins $50,000 to Support Entrepreneurs

SPRINGFIELD, Vt. – The Black River Innovation Campus is receiving $50,000 as part of the Small Growth Accelerator Fund Competition.  The annual competition provides funds to accelerators and incubators supporting entrepreneurs researching and developing STEM-related innovations. It is the fifth year the Small Business Administration has held the competition. 

“The $50,000 prize will help us to further invest in resources for our burgeoning technology entrepreneurship programs. We believe our entrepreneurship support program and mentorship network will be invaluable in reshaping the Springfield region’s economy,” said Trevor Barlow, BRIC Executive Director. 

BRIC is a non-profit organization focused on transitioning Springfield to a digital economy by leveraging the area’s 10-gigabit internet speed. The campus, located at the former Park Street School, will host an array of digital entrepreneurs and students learning code, software and other digital skills. The Springfield Regional Development Corp. and the Center on Rural Innovation established BRIC in 2018. 

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Woman-Owned Small Business Contracting Workshop Oct. 16

The Vermont Procurement and Technical Center is hosting a free workshop about the Woman-Owned Small Business certification at 10 a.m. Oct. 16 at the National Life Campus, 1 National Life Drive, in Montpelier. The workshop is in the Davis Building, Room D026. A Women-Owned Small Business certification may give qualified businesses a competitive edge when bidding on government contracts.

Topics include:
- What is a Woman-Owned Small Business (WOSB)?
- Different levels of WOSB certifications
- Eligibility requirements
- How to certify your company as a WOSB
- Marketing your company as a WOSB
- State of Vermont programs (DBE/MWBE)
- How to compete for municipal, state and federal government contracts

For more information or to register, visit https://vtptac.ecenterdirect.com/events/674.

Working Lands Grants Available

The Working Lands Enterprise Board announces the 2020 Business Grant period is open. There is $1.6 million available for investing into farms, food systems, forestry and other agriculture-based enterprises.

Key Dates are as follows:
- Pre-application Period Begins: Oct. 8
- Pre-applications Due: Nov. 3
- Applicant Notification of LOI Acceptance/Denial: Late December
- Invited Full Applications Due: Jan. 26
- Award Notification: March
- Estimated Project Start Date: May

For more information and to apply, visit here.