Group Forms to Help New Businesses
By Pat Bradley
Montpelier, VT – The Startup America partnership celebrated its first anniversary on Tuesday by welcoming eight new affiliate states, including Vermont. Last year, the Startup America Partnership launched eight other state affiliates, offering $1.2 billion in resources to 3,000 start-up businesses. Founding Member Spencer Newman says Startup Vermont will aid high-growth new businesses across the state by finding mentor companies. Startup Vermont founding collaborator Adam Bouchard says there are key areas in the state's business climate in need of improvement. Startup Vermont worked with Green Mountain College to analyze Vermont's business climate. Associate Professor of Business Strategy and Sustainability Jacob Park says the collaboration will explore the connections that allow younger firms to thrive and grow. Startup Massachusetts has been participating in the entrepreneur alliance for one year. Director Cory Bolotsky says it's been a catalyst to support existing activities and discover additional actions to help business growth.