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The Vermont Statutes Online

 

Title 10 : Conservation and Development

Chapter 012 : VERMONT ECONOMIC DEVELOPMENT AUTHORITY

Subchapter 010 : VERMONT JOBS FUND

(Cite as: 10 V.S.A. § 280)
  • § 280. Public financing policy

    (a) It is policy of the State to engage in publicly supported financing activities that carry out the economic development policies of the State, including the following policies:

    (1) Vermont should encourage enterprises that maximize job opportunities for Vermonters, produce a diversity of goods and services, and support sustainable development in the Vermont economy.

    (2) Vermont should encourage entrepreneurial investments by the private sector in businesses that promote a sustainable economy and that are compatible with Vermont's economic, social, and environmental values.

    (3) Vermont should help its citizens start, maintain, and expand enterprises that:

    (A) make use of the traditional skills of Vermont's people while developing new capabilities necessary to compete in a changing economic environment; and

    (B) produce value-added products or services, thereby maximizing reinvestment within Vermont.

    (b) As used in this chapter, the term "sustainable development" means meeting the needs of the present without compromising the ability of future generations to meet their own needs. (Added 1995, No. 46, § 14, eff. April 20, 1995.)