Economic & Community Development Consultant
Gretchen Havreluk is currently contracted three days per week as the Economic Development Consultant. She is currently working on several projects including: Bi-Town Economic Development Committee work of Housing and Marketing, consulting with the Old School Community Center, sidewalk reconstruction projects on East Main Street and North Main Street, Valley Trail improvements, and grant administration. Gretchen continues to work on redevelopment projects that include: expanding broadband/fiber optic and cellular services, Water and Wastewater expansion East on Route 9, and a Coworking/Incubator space.
Starting a Business Here?
Need Funds to Expand Your Existing Business?
Wilmington has a Revolving Loan Fund for businesses. The Town of Wilmington’s Revolving Loan Program is designed to help new or existing businesses start up or relocate in the Town; as well as help businesses that are already in Town to expand. The purpose of this loan program is to help create jobs or to help maintain existing jobs. This funding can be used for different purposes including, but not limited to; the purchase of machinery or equipment, leasehold improvements, interior and exterior signs, inventory purchases, code improvements, etc.
Tax Stabilization Program
The Town of Wilmington has enacted a Tax Stabilization Policy in order to encourage businesses to build or expand in Wilmington.
The purpose of the policy is to encourage economic development within the Town of Wilmington. The policy incentivizes businesses to grow our local economy while expanding the property tax base of Wilmington for the long-term public benefit of all residents and taxpayers of the Town of Wilmington.
This tax policy is effective for commercial and industrial properties for municipal taxes only and does not include the state education tax.
Funding Directory for Historic Downtown Buildings
I work hand in hand on multiple projects with our Downtown Organization Wilmington Works, please visit their site at: https://www.wilmingtonworksvt.com/
If you are new to Wilmington here is the link to our Welcome to Wilmington Page: https://www.wilmingtonworksvt.com/welcome
Please feel free to contact Gretchen Havreluk for questions.