Lyndon is Open for Business

Lyndon is the perfect setting for your established or budding business venture.

Large scale development opportunities are available in affordable housing, outdoor recreation services and sales, associated tourism sector businesses, and manufacturing.

Lyndon is also primed for creative economy businesses.

Workforce

The Lyndon area has invested in its workforce and has a diverse economy built around a number of sectors. Most current employment opportunities are
in manufacturing, education and health care services. Logging and wood processing also contribute substantially to the
economy.

Northern Vermont University is a key community partner investing in work spaces and programs to support
business and workforce development and revitalize the downtown.

Federal and State Tax Credits

The New Market Tax Credit is a Federal tax credit aimed at filling the capital gap that individuals orcorporations that invest in a Community Development Entity (CDE) need to launch a development project. 

Lyndon has a designated Village Center which has State level tax credit benefits. Visit the Vermont Agency of Commerce and Community Development for more information: https://accd.vermont.gov/sites/accdnew/files/documents/CD/CPR/CPR-VC-Designation-Benefits.pdf

 

REAP Zone Funds

The Northeast Kingdom, in which Lyndon is located, is one of five REAP zones in the U.S., identified because of its rural isolation and lack of local capital.
• Priority consideration is given for REAP Zone applications submitted for funding through USDA Rural Development
• $68 Million of investments have been made possible by REAP Zone designation

The Creative Economy

The arts are alive throughout the NEK, and Lyndon plays a key role. From Do North Coworking, The Foundry makerspace, Vermont Children’s Theatre, Satellite Gallery and Community Space for Art, several performing arts venues, and exceptional culinary arts, creatives of all kinds have found Lyndon to be the perfect setting for home and business.

 

Click here for “Building on the Legacy of Creativity” study (2018) that shares about the impact creatives have on the economy and ways to grow this important industry.

Proximity to Interstate 91

Lyndon is located on Interstate 91, providing quick access to several major Canadian and US cities.

140 miles to Montreal, Quebec
215 miles to Quebec City, Quebec
260 miles to Ottawa, Ontario

182 miles to Boston, MA
132 miles to Manchester, NH

329 miles to New York City, NY

Vermont Small Business Development Center

Are you ready to start or grow your business? VtSBDC can help.

Since 1992, the Vermont Small Business Development Center (VtSBDC) has provided no-cost professional expertise and guidance to hundreds of business owners. We combine one-on-one confidential advising with training programs to give our clients the tools and insight they need to reach their business goals.

We’ve celebrated many successes with clients at all stages of business development.

Click here to visit the VtSBDC website.

Do North Co-working

Do North offers professional and creative coworking space for startup founders, remote workers, forward-thinking educators, and community leaders to be productive, build community, explore new opportunities, and network.

Do North also offers community-driven programming to engage and inspire the next wave of entrepreneurs in our community. The abundance of human capital flowing from Northern Vermont University provides us with an opportunity to shape our workforce. With Do North we have a platform to leverage it.

Click here to visit the Do North website.

NVU Center for Professional Studies

The Center for Professional Studies (CPS) at Northern Vermont University aims to teach people new skills and advance careers through online, classroom-based, and hybrid programs enabling them to grow personally, excel in their careers, and enhance their communities. 

Click here to visit the NVU CPS website page.

11 Reasons Why your business should be in the NEK.

Source: NVDA.net

Why choose the Kingdom?

  1.    State of the art business/industrial parks ready to go.
  2.   Very reasonably priced land, with a variety of financing options already in place.
  3.   Manufacturing facilities fully equipped and ready to move into.
  4.   Outstanding business climate and environment; a “Gold & Green” study ranks Vermont #1 overall in the U.S. in 40 business and environmental categories.
  5.   Easy access to major markets like Boston, Montreal, New York, and Burlington.
  6.   Accessible state and local government.
  7.   Affordable cost-of-living.
  8.   Year-round recreation.
  9.   Fine schools and colleges.
  10.  Skilled workforce with training programs in place.
  11.  Vermont has been ranked as the 2nd safest state in the U.S.

For more information regarding business development or business relocation to Lyndon, please reach out to:

Dave Snedeker

Northern Vermont Development Association

dsnedeker@nvda.net

 

Business Sector Information

The following information has been collected by our regional development corporation, Northeastern Vermont Development Association . The data was last updated in 2020

Tourism Jobs

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Education Jobs

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Manufacturing jobs

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Forestry & Agriculture Jobs

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