BRATTLEBORO — Vermont Bread Company may be back in business soon.
During a meeting of the Vermont Economic Progress Council on Thursday afternoon, the VEPC board approved a Vermont Employment Growth Incentive of nearly $837,000 to East Baking Company of Holyoke, Mass., “for activity to commence May 14,” according to minutes from the meeting.
The VEGI incentive provides an annual cash payment to a business that promises to employ a certain number of people at a specific wage level, usually a certain percentage above minimum wage, and make a certain amount in capital investments over seven years.
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