Vermont § 3 - Economic development; principles; review and assessment

§ 3. Economic development; principles; review and assessment

• (a) For purposes of the Vermont Statutes Annotated and State economic development programs
  and assistance, “economic development” means the process of generating economic wealth
  and vitality, security, and opportunity for all Vermonters. (b) There are established the following four interrelated principles for future economic
  development in Vermont: (1) Vermont’s businesses, educators, nongovernmental organizations, and government form
  a collaborative partnership that results in a highly skilled multigenerational workforce
  to support and enhance business vitality and individual prosperity. (2) Vermont invests in its digital, physical, and human infrastructure as the foundation
  for all economic development. (3) Vermont State government takes advantage of its small scale to create nimble, efficient,
  and effective policies and regulations that support business growth and the economic
  prosperity of all Vermonters. (4) Vermont leverages its brand and scale to encourage a diverse economy that reflects
  and capitalizes on our rural character, entrepreneurial people, and reputation for
  environmental quality. (c) The four principles shall be used to guide the design and implementation of each economic
  development program, policy, or initiative that is sponsored or financially supported
  by the State, its subdivisions, agencies, authorities, or private partners. (d) [Repealed.] (Added 2009, No. 54, § 4, eff. June 1, 2009; amended 2015, No. 11, § 2.)