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Vermont will cover $10K of expenses for people who move there and work remotely

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Re: Vermont will cover $10K of expenses for people who move there and work remotely

#2
I was raised in Vermont, and moved away to the Philly area for college, and stayed here because the job opportunities are so much greater in East coast metro areas.

Vermont is very insecure about its ability to "hold on" to its young people. Probably for a good reason, because the majority of young persons who remain in the state after high school are the ones who only graduate from high school.

I'm interested to see how this scheme works for the state. I'd assume their goal is to bring college-educated young persons to the state.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#3
> Vermont has budgeted grants for about 100 new remote workers in the first three years of the program and about 20 additional workers per year for every year after

So only 33 people will access this opportunity for next year. And we have to assume these will be very young people who intend to stay there and repopulate the state?

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#5

I was raised in Vermont, and moved away to the Philly area for college, and stayed here because the job opportunities are so much greater in East coast metro areas. Vermont is very insecure about its ability to "hold on" to its young people. Probably for a good reason, because the majority of young persons who remain in the state after high school are the ones who only graduate from high school. I'm interested to see…

I think it's great remote work is starting to catch on. I think it could help revitalize a lot of the rural areas just outside of major metro footprints.

I am also born and raised New England, NH and ME could also benefit from this type of program (although Portland seems to be more up and coming). There's a lot of really good reasons to escape the Boston bubble, but unfortunately companies are holding tight to brick and mortar operations in the 'hip' downtown neighborhoods.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#6
From the law:

> (3) The Agency shall award grants under the Program on a first-come, first-served basis, subject to available funding, as follows: (A) not more than $125,000.00 in calendar year 2019...

With such a small budget, it seems like the actual intent may have been to allocate up to $125K to generate advertising about their state.

https://legislature.vermont.gov/assets/Documents/2018/Docs/B...

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#7
post #4

Article title is misleading. They're offering reimbursement for incurred expenses, not paying people. State is offering to cover costs of computer hardware, internet, co-working rental space, and relocation. (Max $5k/yr)

Right, but I easily spend $5k/yr for two years on those things. It's essentially the same thing.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#9
post #4

Article title is misleading. They're offering reimbursement for incurred expenses, not paying people. State is offering to cover costs of computer hardware, internet, co-working rental space, and relocation. (Max $5k/yr)

Still, $5k of computer hardware could get you some high quality stuff.
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