|
Goal: Burlington's competitive advantages are maximized by supporting the
development of targeted industries, including tourism; telecommunications
intensive businesses; the environmental technology industry; financial services;
specialty foods; media, printing and publishing; the arts; and sustainable
natural resource promotion.
Five-Year Focus:
- Build on current support for the environmental industry.
- Develop a
strategy to encourage the startup, expansion, and location of firms in the
environmental technology industry in the City.
- Support businesses developing
renewable energy sources.
- Develop a "Green Map" promoting the
cultural and environmental resources of the City.
- Develop and/or support
enterprise development programs related to recycling.
- Support the Chittenden
Solid Waste District's efforts to encourage waste food generators to compost and
to locate a transfer site in Burlington.
- Support ReCycle North's efforts to
reuse "waste" construction materials, computers and household goods.
- Promote the energy efficiency
programs of the Burlington Electric Department and Vermont Gas to Burlington
businesses.
- Support the development of the Tech Academy.
- Support high tech
business development and technology training for residents.
- Support access to
advanced telecommunications systems for smaller companies that cannot afford to
invest in such systems individually.
- Expand training opportunities for
low-income residents.
- Establish a technology development and deployment
initiative involving CEDO, the University of Vermont, and local technology-based
industry.
- Work with UVM to enhance opportunities for cooperative technology
development and deployment between UVM and local companies.
- Promote increased
collaborative R&D between UVM and local industry.
- Support the development
of a high tech incubator at the former Trinity College campus.
- Target
telecommunications intensive industries.
- Support the development of
telecommunications infrastructure in the City.
- Encourage the efforts of the
Burlington Electric Department to evaluate the existing quality, consistency,
and capacity of the City's energy supply in light of the power needs of these
targeted industries and work with CEDO and GBIC to address any deficiencies.
- Support the development of arts-related activities.
- Support the completion of
the Firehouse Center for the Visual Arts.
- Support the completion and
operation of local black box theaters.
The City will fund the following projects and programs with CDBG funds in program year 2007 to further the
priority of targeted industries:
| Project Title
|
Relation to Consolidated Plan |
CDBG Funds Budgeted |
Other Funds Budgeted |
Projected Accomplishments |
| Burlington Sustainable Economic Development Strategies |
General financial and technical assistance to small and large
businesses; targeted assistance to employers with livable wage jobs
and to businesses playing a key role to downtown vitality;
development of affordable space for small and micro businesses;
waterfront development; and redevelopment of vacant or abandoned
property |
$100,000 |
$34,185,000 |
Expand
telecom services to
50 businesses |
|
Support software developers
association |
|
Support technology transfer and new
business development from UVM and other local colleges |
| ReCycle North
Waste Not Products |
Provide employment and training to homeless
individuals and others in transition, reduce the amount of reusable
and repairable household items dumped in landfills and make vital
household goods available to low-income residents |
$7,500 |
$48,000 |
Launch new
business venture manufacturing and selling products made from
salvaged materials |
|
Create 1 job
|
Page last updated
April 30, 2007
|
