Startup in a Day Initiative Encourages Local Entrepreneurship
Earlier today the White House announced that the City of Burlington has been awarded a $50,000 prize from the Small Business Administration’s Startup in a Day initiative. Startup in a Day, announced by President Obama earlier this year, is a program designed to help cities and Native American communities streamline licensing, permitting, and other requirements needed to start a business in their areas, with the goal that an entrepreneur may apply for all necessary components within one business day. Twenty-five cities and two Native American tribes were awarded Startup in a Day prizes to help these communities develop a streamlined, centralized business formation platform. In addition to Burlington, the City of Rutland also had a winning application.
“This prize will further one of the Administration’s and City Council’s important goals for this year, which is examining and improving the permit application and review system in the City of Burlington,” said Mayor Weinberger. “Helping businesses start and grow is critical to a vibrant urban economy, and our City needs to be at the forefront of national best practices for permitting. We are thankful to the national and local Small Business Administration offices for bringing much-needed entrepreneurial resources and assistance to Vermont.”
For more information about the Startup in a Day program, please visit https://www.sba.gov/about-sba/sba-initiatives/startup-day or contact Nathan Wildfire in the Community and Economic Development Office at nwildfire (at) burlingtonvt (dot) gov.