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Springfield VT Your Business Destination

Choosing Springfield, Vermont, as the home for your business comes with numerous benefits that can greatly aid both established companies and startups.  Before Silicon Valley became famous, there was Precision Valley, and Springfield, VT was its heart. It was a hub of innovation and the global leader in the machine tool industry. During those days, the community flourished, providing well-paid, highly skilled jobs that sustained families for generations. Now, we’re working to rebuild that legacy, step by step, to support the next wave of innovators, creators, and achievers right here in Springfield.

Springfield’s Strategic Location

Springfield enjoys a strategic location close to major transportation arteries, notably Interstate 91.  Springfield, Vermont, enjoys convenient access to five major international airports, each located within a three-hour drive. These airports include Logan International Airport in Boston, Albany International Airport, Burlington International Airport, Manchester-Boston Regional Airport in NH and Bradley International Airport in Hartford.

 

Additionally, Hartness State Airport, located in Springfield boasts the second-longest runway in the State, spanning just over 5,000 feet, catering to both commercial and recreational air traffic. Passenger and freight rail services are conveniently located in nearby Bellows Falls, just eight miles south, and the Claremont NH station is nine miles north.  With these extensive transportation resources, Springfield, VT, is an ideal location for distribution and processing facilities. Furthermore, Springfield’s main street has an average daily traffic count of ten thousand cars, making it an ideal location for Main Street businesses that benefit from bustling traffic.

 

Oh, and by the way – Springfield, VT, is the “best place to work from home.”

Big Data, Not Big Ego – VTel’s 10 Gig Network

Innovation Hub

Springfield, Vermont, has been the center of innovation for hundreds of years. That legacy flows through Springfield like the Black River, continuing to inspire modern technology development. A few sample companies are doing cool new things, including Mamava, a manufacturer of private lactation booths shipping nationwide.  Cannatrol produces a proprietary drying and curing system for cannabis production. TenFold Engineering is a fabricator of relocatable architecture.

 

Springfield, Vermont, benefits from a variety of institutions that actively support innovation both locally and in nearby areas. These institutions play a crucial role in fostering technological advancement, entrepreneurship, and creativity within the community.

Springfield Businesses - BRIC

Black River Innovation Campus (BRIC) is nurturing innovation through co-working space and entrepreneurial programs. Springfield offers financial incentives such as the Revolving Loan Fund and Opportunity Zone benefits, coupled with tax advantages as a Designate Downtown, fostering entrepreneurial success with BRIC provides various Entrepreneurship Programs to help founders move their start up from concept to reality.  BRIC also provides high-tech coworking space with 10 gig fiber internet, full desktop setups, conference room, and recording studio. BRIC partners with schools and organizations to empower our local community with technology.

Springfield Businesses - River Valley Tech Center

RVTC is a career and technical school in Springfield, Vermont, offering an education that prepares students for careers and college. Students learn technical skills in their program areas and employability skills that prepare them for the workplace.

Springfield Businesses - VCET

Through active coaching, business consulting, mentorship, coworking space, community events, seed investment, and intelligent introductions, VCET’s innovation leaders serve entrepreneurs and startups in Vermont from start to scale.

Springfield Businesses - VMEC

VMEC provides a learning curriculum and resources to existing businesses for advanced manufacturing and automation, quality and compliance, innovation and growth, and Cybersecurity and supply chain support.

Springfield Businesses - Dartmouth Engineering

Entrepreneurship convenes the brightest minds from various disciplines to tackle today’s toughest challenges. Faculty, students, and research partners confront engineering problems with an entrepreneurial spirit, developing technologies and processes that lead to patents and entrepreneurial ventures.

Vermont Cost of Living

Springfield’s Affordable Operating Costs

The expenses associated with conducting business in Springfield are notably lower compared to larger urban areas. These cost advantages encompass real estate, utilities, and labor, rendering it an appealing option for businesses seeking to optimize their profits.

Economic Incentives

Opportunity Zones are economically emerging communities where new investments and earned capital gains may, under certain conditions, be eligible for preferential federal tax treatment.

The DD designation is State issued, and the primary benefit is tax credits for eligible projects.

Springfield Vermont Quality of Life

Springfield’s Quality of Life

Vermont is well-known for its outstanding quality of life, highlighted by breathtaking natural landscapes, lively communities, and plentiful recreational options. This creates an environment where employees and business owners can enjoy a balanced lifestyle that promotes health and well-being. Springfield VT also has the 4th friendliest public golf course in America. Springfield is known for unique, off-beat attractions. The town hosts a Simpsons themed festival every summer in conjunction with its recently launched film festival, a ten foot tall clothespin, an annual apple festival, and has the oldest amateur telescope-making club in the country (and a related telescope museum).

Springfield Vermont Business Community

Springfield’s Supportive Business Community 

Springfield features a closely bonded business community marked by collaboration and support. Abundant networking opportunities are present, granting businesses access to valuable resources, mentorship, and potential partnerships.

Business Resources

Revolving loan funds are available and managed by the town of Springfield, as well as opportunities for tax stabilization programs.

Barbara Courchesne (Town Clerk) is a source for document recording, land records, ordinances, vendor licenses, and vital records among other things. Charles Wise (Town Planner and Zoning Administrator) is a source for code enforcement, land use development matters, title searches involving zoning, Development Review Board hearings, zoning maps, and the Town Plan and the Planning Commission .

Based in Springfield, VT, SRDC has served as the front door for economic development in the 10 towns of Southern Windsor County since 1992. SRDC provides assistance to businesses of all sizes (as well as those looking to start a company), ranging from technical support to financing (they also provide loan funds) as well as direct involvement.

Provides loans to Vermont businesses.

The primary purpose is to assist with and advocate for the planning and development activities of its member towns and the region. MARC seeks collaborative strategies to address local, regional, and state opportunities and concerns. They help mediate inter-jurisdictional planning and development issues arising between member communities; facilitate discussion and understanding between local and state entities; and develop plans, policies, strategies, and procedures for addressing issues that are regional in scope. MARC is a statutory party for Act 250 and Section 248 projects. As such, businesses and developers are encouraged to coordinate with MARC as they prepare those applications.

The Springfield Regional Chamber of Commerce serves as a valuable resource and referral hub. It assists with inquiries about starting a business, recommending places to visit and stay, providing information about events, cultural and historical attractions, and suggesting the best dining spots. Additionally, the Springfield Regional Chamber of Commerce advocates for housing, employment, and relocation opportunities. It also offers concierge services for visitors, new businesses, and residents. Acting as a liaison, the Springfield Regional Chamber of Commerce facilitates networking and marketing opportunities, provides educational resources, and advocates for its members at both local and state levels.

Black River Innovation Campus (BRIC)’s mission focuses on three key areas: EMPOWER technology entrepreneurship, INSPIRE by creating inclusive and accessible technology education opportunities, SUPPORT our community by listening and partnering to develop events, further economic growth, and strengthen a sustainable, rural ecosystem.

Springfield On The Move (SOM) is a non-profit that partners with business, citizens, property owners, and the town government to make Springfield’s downtown an attractive, desirable, and economically sustainable destination for residents and visitors. Our key partners include the Town of Springfield, Springfield Regional Chamber of Commerce, Springfield Regional Development Corporation, and residents who want to help revitalize Springfield’s downtown and the surrounding areas.

Springfield802.com is a newly established organization dedicated to promoting Springfield in various aspects, including new business development, attracting visitors and tourists, and encouraging people to relocate to Springfield and the southern rural region of Vermont.

Springfield 24/7 Services

Springfield’s 24/7 Services 

Springfield, VT offers comprehensive services to support both businesses and residents, including police, fire, EMS, and public works. Additionally, Springfield Hospital is open 24 hours, seven days a week, a feature unique among most Vermont cities and towns. In Windsor County, Springfield is one of only four out of twenty-four towns that provide 24/7 services.

Springfield’s Opportunities for Growth

Springfield, Vermont, offers the perfect mix of small-town charm and convenient access to major cities like Boston, New York City or Montreal via car or Amtrak. Relocating your business to Springfield comes with numerous benefits, including affordability, quality of life, and strong community support. Whether you’re a small business or a large corporation, Springfield provides a wealth of resources and opportunities to help your business thrive. With its supportive infrastructure and readiness to accommodate various industries, from advanced manufacturing to food processing and high-tech installations, Springfield is the ideal destination for your business. Will your business be the next piece in the ongoing renaissance of Springfield, Vermont?

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