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Vermont’s forested location and reputation for maple syrup don’t lie: it’s the top syrup producer in the country, and agriculture is strong in related industries, including apples, lumber, hay, and turkeys. Vermont saw its first winery in 1985, but now the state boasts 14, like Boyden Valley Winery in Cambridge and Whaleback Vinyard in Poultney.
Microbreweries and cider production are expanding as well, all on the heels of a solid agriculture sector.
Tourists also enjoy the solitude of the woods — visitors help contribute locally to Vermont’s $15.4 million per year tourism industry, including hotels, resorts, and retail. Outdoor recreation like ice fishing, skiing in Stowe, summer camps, and hunting is crucial for attracting more tourists (and keeping locals in shape, too).
Yet Vermont’s industry isn’t all centered on its unique geography. There’s a booming manufacturing base, spurred on by big employers like IBM and homegrown players like Darn Tough Vermont. Looking to join the echelons of profitable industries in this New England state? You’re already in good company.
This holistic startup program helps hone pitches and make connections for eight promising startups each session, providing peer sessions, coaching, workshops, and professional services.
Each accelerator cohort focuses on a thematic area with each session (energy technology is popular) and multiple sprints, mentoring sessions, and ultimately, a $25,000 award for one peer-selected company.
For this Southern Vermont program, there’s coworking space in Brattleboro, along with business services for members. Plus, an accelerator program, pitch events, and webinar training to get new companies launched and funded successfully.
Members get coworking space on the UVM campus, in Burlington, or in Middlebury locations. Along with university resources, business mentoring, economic development, and funding partners have helped boost their 50 portfolio companies to $153 million in revenue.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry