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Shumlin pushes jobs initiative - WCAX.COM Local Vermont News, Weather and Sports-

Shumlin pushes jobs initiative

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MONTPELIER, Vt. -

Governor Peter Shumlin Monday unveiled two new proposals designed to keep and grow high-tech jobs in Vermont.

The proposals depend on $5 million from a projected 2014 fiscal year budget surplus. The majority of the money would go toward a fund which would allow the state to offer incentives to attract or retain companies in Vermont. The rest of the money would be used to help Vermont entrepreneurs with loans-to jump start their business.

"A new initiative, a new set of incentives that we believe will help us grow existing jobs in Vermont, help us retain and expand existing companies and help new companies get the capital they need to thrive," Governor Shumlin said.

The Governor says he hopes these new tools will help bring young people to Vermont, and are aimed at high-skilled and high-paying jobs.

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