LT. GOV. CANDIDATE NATE FREEMAN ANNOUNCES
ECONOMIC PLAN TO CREATE NEW JOBS AND BUSINESSES
Northfield, VT – Democratic candidate for Lt. Governor Nate Freeman today announced an economic plan that tackles the critical need for new jobs and businesses in the state.
“For those who are out of work, struggling to get by or nervous about their own job security, it is painfully obvious that our state isn’t creating enough new jobs and businesses,” said Freeman, who is vying for the Democratic nomination in Sept. 9th primary election. “As Lt. Governor I will actively seek to inspire a new wave of entrepreneurs and start-up companies. Just as Ben & Jerry's, Green Mountain Coffee Roasters, Burton Snowboards and others emerged from their humble beginnings 25 years ago, I believe that we can again become a place where people create companies that support our way of life in Vermont.”
Freeman, a small business owner from Northfield, called on current Lt. Governor Brian Dubie to…
Freeman, a small business owner from Northfield, called on current Lt. Governor Brian Dubie touse his office to take a more proactive role in helping Vermonters in this tough economy.
“When so many Vermonters are hurting the way they are now, we need leaders who will stand up and fight for them,” said Freeman. “I haven’t seen Brian Dubie do that at all. Where has he and the rest of the Jim Douglas administration been on this issue?”
For his part, Freeman proposes to create jobs and new businesses by:
- Fully funding and supporting Community Capital of Vermont, a non-profit that provides capital and business development services to Vermont start-up companies. The organization’s programs, such as the Vermont Job Start Program, help entrepreneurs start and grow the companies that create the kinds of jobs that are badly need in the state.
- Initiate a matching grants research program that will enable Vermont’s university researchers and students to work side-by-side with the state’s technology companies to develop new cutting-edge technologies. This applied research will make Vermont businesses and their products more competitive, while introducing Vermont’s top students to local companies, increasing the odds that the students will get in-state jobs when they graduate. The state’s in-kind and monetary contribution would be matched by the participating companies, providing a big return on the state’s investment.
- Review why the Vermont Economic Development Authority failed to produce results with the formation of Vermont Capital Partners in 2004. Vermont’s $2 million investment in this for-profit venture was supposed to result in another $23 million in seed funding for Vermont companies. That didn’t happen and only two companies received seed funding, one of which now lists its home as Texas.
“I believe that Vermont’s creative and hard-working people can once again become a national leader in developing high growth, socially responsible businesses,” said Freeman. “Let’s not forget how creative and determined we Vermonters can be.”
For more information about Nate Freeman’s campaign for Lt. Governor, visit www.NateFreeman.com.
Freeman, a small business owner from Northfield, called on current Lt. Governor Brian Dubie touse his office to take a more proactive role in helping Vermonters in this tough economy.
“When so many Vermonters are hurting the way they are now, we need leaders who will stand up and fight for them,” said Freeman. “I haven’t seen Brian Dubie do that at all. Where has he and the rest of the Jim Douglas administration been on this issue?”
For his part, Freeman proposes to create jobs and new businesses by:
- Fully funding and supporting Community Capital of Vermont, a non-profit that provides capital and business development services to Vermont start-up companies. The organization’s programs, such as the Vermont Job Start Program, help entrepreneurs start and grow the companies that create the kinds of jobs that are badly need in the state.
- Initiate a matching grants research program that will enable Vermont’s university researchers and students to work side-by-side with the state’s technology companies to develop new cutting-edge technologies. This applied research will make Vermont businesses and their products more competitive, while introducing Vermont’s top students to local companies, increasing the odds that the students will get in-state jobs when they graduate. The state’s in-kind and monetary contribution would be matched by the participating companies, providing a big return on the state’s investment.
- Review why the Vermont Economic Development Authority failed to produce results with the formation of Vermont Capital Partners in 2004. Vermont’s $2 million investment in this for-profit venture was supposed to result in another $23 million in seed funding for Vermont companies. That didn’t happen and only two companies received seed funding, one of which now lists its home as Texas.
“I believe that Vermont’s creative and hard-working people can once again become a national leader in developing high growth, socially responsible businesses,” said Freeman. “Let’s not forget how creative and determined we Vermonters can be.”
For more information about Nate Freeman’s campaign for Lt. Governor, visit www.NateFreeman.com.
Justin Campfield
Campfield Public Relations, LLC
(802) 649-2482 office
(407) 758-6238 cell
1 (888) 807-4142 fax