Conference sows entrepreneurial seeds for growthBy Bruce Edwards
STAFF WRITER | March 25,2013CASTLETON - Lawrence Miller knows something about entrepreneurship. Before his current job as secretary of the Agency of Commerce and Community Development, Miller started Otter Creek Brewing.
But getting to the point where the Middlebury brewery could be considered a success had its challenges, Miller told the 200 attendees at an all-day business conference at Castleton State College on Monday.
Miller was one of a number of speakers and workshops that focused on practices to help new businesses and budding entrepreneurs.
Rutland business leaders started off the Grow Your Business Over-Easy seminar with a pitch on why the city and the area is an ideal place to do business, including the city’s pro-business attitude, workforce and transportation infrastructure.
They pointed to a series of recent positive developments anchored by Green Mountain Power’s new Energy Innovation Center in the heart of the downtown.
Brennan Duffy, executive director of the Rutland Redevelopment Authority, gave a short Power Point presentation ticking off a list of what the city has to offer.
“Strategic location, lower cost real estate, a strong workforce, robust infrastructure, business friendly environment and a great quality of life,” Duffy said
He said there are financial incentives available including commercial and industrial tax stabilization.
In terms of job growth, Duffy said while the county has lost jobs in the last decade the city has experienced 4 percent job growth.
“That’s a positive sign for the city,” he said.
In discussing the Vermont economy, Miller said “income improvement” has not kept pace with the cost of living. “That needs to change,” he said. “We need better wages, we need better income, we need it across the spectrum.”
Miller said the problem is that while companies are more productive, those companies are doing it with fewer workers.
“So what do we need, we need more firms,” he said. “How do we get more firms, we need more entrepreneurs and that’s what a day like this is all about.”
For the complete story, see Tuesday's Rutland Herald.MORE IN This Just InWASHINGTON — The Republican-controlled House unexpectedly rejected short-term funding for the... Full StoryMONTPELIER — An executive with the owner of the mothballed Vermont Yankee nuclear plant sought to... Full Story
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day in 1843, British Naval officer GEORGE LORD PAULET obtains provisional cession of Hawaiian Islands; 1866, miners claim Calaveras skull found found in goldmine is remains of 5 million-year-old Pliocene man.
- RICHARD'S POOR ALMANACK: On this day 1739, 'Richard Palmer' identified in prison at York Castle as the notorious outlaw DICK TURPIN; IN 1836, Battle of the Alamo begins near San Antonio de Bexar, Texas; 1896, the Tootsie Roll invented by LEO HIRSCHFELD.
- RICHARD'S POOR ALMANACK: On this day in 1472, Orkney, Shetland islands put up as collateral by Norway to Scotland in lieu of dowry for MARGARET OF DENMARK on her marriage with JAMES III, king of Scotland; 1962, JOHN GLENN first American to orbit Earth.
- TOMORROW'S HEADLINES TODAY: City mayoral candidates debate campaign issues; Hartford, Conn., woman still missing; Neal Goswami reports attempts to legislate suicide; local woman loses 100 pounds through TOPS program.
- RICHARD'S POOR ALMANACK: On this day in 1878, JOHN TUNSTALL murdered near Lincoln, New Mexico, by the outlaw JESSE EVANS; in 1930, ELM FARM OLLIE first cow to fly in aircraft, first to be milked airborne; 1955, nuke test WASP; '79, snow in Sahara.
- TOMORROW'S HEADLINES TODAY: Rutland Herald News Editor Alan J. Keays and staff writer Gordon Dritschilo discuss stories planned for the February 18, 2015, edition of the newspaper: Winter budgets maxed, legal marijuana, Springfield bank job, USPS slowdown