Committee members report small-business technical assistance line removed from budget; SBDC receives partial funding
May 09, 2025 | Commerce & Economic Development, HOUSE OF REPRESENTATIVES, Committees, Legislative , Vermont
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Committee members said the Small Business Technical Assistance Exchange (SPTAE) line was unfunded in the current budget and that the Small Business Development Center (SBDC) received partial funding.
One committee member (Speaker 3) said the SPTAE allocation that "was in there" had figures discussed in committee: "So $7.88 that was in there?" and later "there was gonna be, like And down to $2.53," before saying the SPTAE item is now "out." Another committee member (Speaker 1) said she had heard SBDC "found some money for SBDC, but not the full 300. It's fine. I mean, 50." The meeting record did not specify units (thousands, hundreds of thousands, or millions) for any of the cited numbers.
Committee members said they would continue to monitor the budget language and look for clarifying information from budget staff. No formal committee action was taken at the meeting to restore or reallocate funds for the programs discussed.
One committee member (Speaker 3) said the SPTAE allocation that "was in there" had figures discussed in committee: "So $7.88 that was in there?" and later "there was gonna be, like And down to $2.53," before saying the SPTAE item is now "out." Another committee member (Speaker 1) said she had heard SBDC "found some money for SBDC, but not the full 300. It's fine. I mean, 50." The meeting record did not specify units (thousands, hundreds of thousands, or millions) for any of the cited numbers.
Committee members said they would continue to monitor the budget language and look for clarifying information from budget staff. No formal committee action was taken at the meeting to restore or reallocate funds for the programs discussed.
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