Welcome to Montpelier Program
Comprehensive Support to build your business here.
Montpelier Development Corporation, in partnership with Montpelier Alive, announces the Welcome to Montpelier Program. The program provides wraparound support for new businesses, including technical support, promotional opportunities, a business mentor, and special funding opportunities. As part of this program, we are launching the Welcome to Montpelier Grant. Program participants will be eligible to apply for one of five grants of $5,000 each.
Surrounded by green hills, Montpelier's downtown is iconic and vibrant. The Capitol City is home to over 7,500 people, many thriving businesses, wonderful schools and numerous State offices. Montpelier awaits your next business venture. Applications to join the Program and be considered for funding will open January 1, 2021 and will be accepted on a rolling basis.
Who can join the Program?
Any business that is new to Montpelier is eligible to apply for the Welcome to Montpelier Program. We will review all applications and determine how we can best support you, including your eligibility for funding through the Welcome to Montpelier Grant.
Welcome to Montpelier Grant Information
To be eligible for a Welcome to Montpelier Grant, you must demonstrate the following:
You will open your doors in 2021
You have a sound business plan
You have a lease signed or a sale under contract for a business space
BIPOC and women-owned businesses are strongly encouraged to apply
How will grants be decided upon?
A selection committee, made up of members of the Montpelier community (including representatives from local financial institutions, business owners and Board members from Montpelier Alive and Montpelier Development Corporation) will convene to review each application. Grants will be awarded based on a series of criteria that examine business viability and fit for Montpelier.
When will I receive my award if I am selected?
Once a determination is made, awards will be granted within 7 days. The selection committee will meet monthly to review any applications during 2021. Applications for the Program and Grant will open January 1, 2021 and will be accepted on a rolling basis.
To learn more, join our program and be considered for further funding, please fill out intake form here: