Vermont Research and Development Tax Credit
Supports Vermont businesses with innovation tax credits that reduce innovation costs.
The Vermont Research and Development Tax Credit (32 V.S.A. § 5930ii), first enacted in 2009, allows any Vermont taxpayer who qualifies for the federal R&D credit under IRC §41 to claim an additional Vermont state credit equal to 27% of the federal credit allowed in that year, for R&D expenditures made within Vermont. The credit applies against Vermont personal income tax or corporate and business …
Provides Vermont taxpayers a state income tax credit equal to 27% of their federal IRC §41 R&D credit for qualifying research expenditures made within Vermont, with a pending 75% rate for small manufacturers.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Guides for this application
All guides →Grants for Biotech Startups: NIH, NSF, SBIR/STTR, and Non-Dilutive Funding
A practical guide to grants for biotech startups, including NIH SBIR/STTR, NSF, translational funding, evidence, regulatory readiness, and budgets.
Start hereTRL Levels Explained for Deeptech Founders
Learn what TRL levels mean, how to estimate technology readiness, and how TRL affects grants, EIC Accelerator, SBIR/STTR, funding stage, and application evidence.
Write proposalHow to Write a Grant Proposal Reviewers Can Score
Learn how to write a grant proposal around reviewer criteria, evidence, work packages, budget logic, and commercialization for deeptech and R&D funding.
Similar grants
Browse the directory →
Research and Development Tax Credit
🇺🇸LED · United States
Runs a tax credit program in Louisiana for companies investing in qualifying innovation.
NM Technology Jobs and Research & Development Tax Credit
🇺🇸NM TRD · United States
Offers New Mexico technology employers tax credits for research spending and job creation.
Georgia Research Tax Credit
🇺🇸GA DOR · United States
Provides Georgia businesses with tax-credit support for innovation-focused spending and growth.
Maryland Research and Development Tax Credit
🇺🇸MD Commerce · United States
Offers an annual Maryland tax credit for qualified research spending by businesses, with pool-based allocation and employee thresholds.
EDTIF / REDTIF — Economic Development Tax Increment Financing
🇺🇸Go Utah / GOEO · United States
Provides Economic Development Tax Increment Financing refunds for qualifying businesses expanding in targeted Utah industries.
SC R&D Tax Credit
🇺🇸SC DOR · United States
Provides South Carolina companies with support for research expenses through state innovation tax treatment.