The US Department of Agriculture has given a grant towards a project started by Northern Vermont University-Lyndon, called the Lyndonville Coworking Space, scheduled to open this fall in the downtown area.
The one-year Rural Business Development Grant of $51,377 and a contribution of $65,123 from NVU will support expenses from rent and marketing to event hosting and bike racks.
The 2,000-square-foot coworking space will be at the former Bag Balm building at 930 Broad Street in Lyndonville. The space will provide rentable office facilities for nearly 50 entrepreneurs and remote workers at a time to expand their businesses, network and collaborate. The initiative aims to stimulate the local economy, revitalize downtown and strengthen the connection between NVU-Lyndon and the Lyndonville community.
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