http://www.springfielddevelopment.org/blog/?p=495
SRDC Awarded Two Grants to Support Local Economic Projects
Filed under: SRDC — admin @ 4:26 pm
Springfield Regional Development Corporation announced today that they are the recipient of two $15,000 grants to support a pair of economic development projects in the region. The awards were part of the Regional Economic Development Grant Program, administered by the Department of Buildings and General Services. The goal of the program is promote stimulation or retention economic opportunities in the state.
The grants that SRDC received will support two business projects in the region. The first is to assist with the Vermont Beer Shapers space at One Hundred River Street. A local group has purchased the business assets of the former Trout River Brewery and is constructing a local brewing operation. The other grant will help Drew’s LLC in Chester install a membrane bioreactor filtration system for the wastewater needs at their facility.
SRDC Executive Director Bob Flint said that the grants would be an important part of projects for job creation and retention. “We appreciate the support from the state for these projects. In one instance, it’s a key part of setting up a new business. The other grant will help to solve a long-standing challenge for an important company in our region”, Flint said.
SRDC serves the ten towns in Southern Windsor County. To learn more about Springfield Regional Development Corporation and how it can help existing companies as well as those looking to start a business, call 802-885-3061 or email bobf@springfielddevelopment.org.
Ah yes. More free beer tomorrow brought to you with taxpayer funds with SRDC involvement.
ReplyDeleteThat is insane. I totally agree 10:30pm. And when are they do to pay back $$ on the revolving loan that the town granted them?
ReplyDeleteRather curious why those, remaining employers in the technology sector were bypassed to fund novelty enterprises that at best provide few, unskilled, low-paying jobs? Common sense dictates Trout River's failure to secure private, equity investors is proof enough it will never turn a profit. As so many times before, SRDC has absorbed hundreds of thousands in taxpayer funds and is accountable for producing nothing.
ReplyDeleteThis is your and my money, and it could have been put to far better use in our community.
Since the demise of the shops began, Springfield has always fancied a desire to make itself into a tourist destination rather than the business destination it formerly was. They have failed miserably because the town lacks the basic geography, demographics, and attractions that would make it a worthy tourist destination. Nonetheless, the idiocracy has continued to court the "boutique" businesses that in its pipe dreams it believes will deliver the town into tourism and a vibrant economy.
ReplyDeleteA paltry grant here, an insignificant loan amount there...all such news is tossed into the headlines to serve as smokescreens to the chronic failings of the town leaders and its incompetent economic developers to restore a viable economic base. Most see through the charades being played, but the true believers continue to condone the incompetence and remain infatuated with dreams for the town that will forever remain unattainable.