Middlebury business struggling to stay afloat? - WCAX.COM Local Vermont News, Weather and Sports-

Middlebury business struggling to stay afloat?

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By WCAX News - bio | email
MIDDLEBURY, Vt. -

A company that opened in Middlebury with considerable fanfare and financial support from the state is now struggling to stay afloat.

Gov. Peter Shumlin, D-Vermont, was on hand last March to welcome eCorp English to town. The company relocated from France with the help of hundreds of thousands of dollars in low-interest loans.

eCorp English teaches people around the world how to do their jobs in English. Their goal was to employ 125 people in Middlebury by next year. But right now eCorp has just 12 full-time employees and could be on the verge of bankruptcy. The company has had difficulty making payroll and paying other bills in recent weeks, though the CEO tells us they have just secured an infusion of funds to make good on back pay.

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