REDC welcomes our student Economic Development Assistant, Brooke Rubright!
Time flies when you’re busy making! The MINT - Rutland's Makerspace is celebrating two years in operation at this year’s MINTacular held on Saturday, August 17 from 2 to 5 P.M. at The MINT at 112 Quality Lane, Rutland.
RUTLAND -- The Rutland Young Professionals (RYP) are inviting young professionals from around Vermont to attend the fifth annual Young Professionals Summit of Vermont scheduled for Saturday, September 14 in downtown Rutland at the Paramount Theatre.
OnRamp, a new entrepreneurial development program at The MINT, Rutland’s Makerspace, is now taking applications for the 2019-2020 cohort.
This summer, we’re welcoming Nate Hinson to the REDC team as our Economic Development Assistant.
As the school year comes to a close and another class of Rutland region young adults prepares for their next chapters, 31 graduates are following their passions and newly discovered career paths in the area thanks to the pilot program, Real Careers @ Rutland County.
At REDC, we understand the importance of working with our local higher education institutions to focus on retaining students after they complete their degrees.
The State of Vermont’s Department of Economic Development offers a wide variety of resources and programs to assist with businesses of all sizes. In Rutland County, one of the resources often utilized is the Vermont Training Program (VTP)
The Women Business Owners Network (WBON), a statewide organization that fosters, supports, and advances women business ownership in Vermont through learning and networking opportunities is growing in Rutland.
The REDC office in downtown Rutland is a great place to start when looking for resources to grow or develop our region’s small businesses.
The survey results are in from the annual Sophomore Summit! Each fall, the Rutland Region Workforce Investment Board (RRWIB), Heritage Family Credit Union, and local organizations come together with 450 area high school students for a day of career preparation, next step planning, and budgeting for life after high school.
Real Careers is proud to announce the addition of a part-time Career Coach, Lynne Klamm.
To help encourage and enhance business success in Rutland County, REDC provides businesses with fixed-rate loans through its Revolving Loan Fund. REDC works extensively with local banks and financial institutions, often serving as the “gap financing piece” to help meet the unmet funding needs of area businesses.
Recently, REDC partnered with People’s Bank to finance the purchase of the headquarters for Wright Construction Company in Mount Holly. Formed in 1984, Wright Construction Company has earned a strong reputation as an industry leader providing a wide range of construction and construction-related services. This purchase will allow them to continue their growth as they transition to the next phase of their business.
“This move was the next logical step for our business and will allow us to continue the consistent growth we’ve experienced over the last several years,” said Joe Poston, co-owner of Wright Construction Company. “Structuring the financing for this type of project is always complicated, and without all of the financing partners working together this couldn’t have happened for us. We’re excited to partner with REDC on this project.”
Loans are available for a wide range of initiatives, from working capital to installing new machinery or buying land and/or buildings. As loans are repaid, they are reinvested by REDC in the form of new loans to other businesses. Learn more about REDC’s revolving loan fund at www.rutlandeconomy.com/lending, or call Tyler Richardson at 802-770-7067.
The Rutland County community is recognized around the state for being dedicated, hardworking, and collaborative.
Follow the new series, Transformative Leaders, with host Kathy Letendre as she interviews high-impact leaders from around our region.
In 2018, REDC and the Rutland Region Workforce Investment Board (RRWIB) worked to collaborate on a pilot program called Real Careers @ Rutland County for high school students and young adults who have recently graduated to create and implement viable career plans in their home county of Rutland. In 2019, REDC, RRWIB, and Real Careers are looking ahead to continuing to work with students at two area high schools and in the community, totaling 31 young adults, while also accepting new applications.
Read each REDC Committee report from 2018.