Vermont Business Magazine Edge Pharma, a pharmaceutical company in Colchester, recently received over $62,000 in grant funding from the Vermont Training Program (VTP). With this funding, Edge Pharma will train employees in several departments vital to meeting increasing demand. Training includes prepping laboratory materials and devices, learning the drug compounding process and further STEM education. New employees will be better equipped to meet demand, allowing for research and development opportunities to expand without impeding production levels.
“Edge Pharma has recently expanded its laboratory, allowing for increased production of compounded medications,” said Edge Pharma Human Resource Generalist Skylar LeBlanc. “With the VTP Grant funds, Edge will be able to hire and train employees and grow our business at a much quicker pace than if we hadn’t received the grant.”
The VTP funds will also help ensure the company meets the needs of its customers and remains competitive in the current pharmaceutical landscape. Staffing and training serve as an integral component in supplying customers with innovative healthcare solutions.
“Edge Pharma provides products with a high level of reliability and customer service,” said Joan Goldstein, Department of Economic Development Commissioner. “As they look to grow in their competitive business sector, we are pleased to award grant funding that aids employee development and ensures the company will continue to provide their products to health care institutions both in Vermont and around the world.”
About the Vermont Training Program (VTP)
The Vermont Training Program is administered by the Vermont Agency of Commerce and Community Development, Department of Economic Development. It is a workforce development program to enhance the skills of the Vermont workforce and increase productivity of Vermont employers; grants may cover up to 50 percent of the training cost which can either be on-site or through a training provider/vendor. For more information on VTP, visit accd.vermont.gov/economic-development/funding-incentives/vtp.
About the Vermont Agency of Commerce and Community Development
The Vermont Agency of Commerce and Community Development’s (ACCD) mission is to help Vermonters improve their quality of life and build strong communities. ACCD accomplishes this mission by providing grants, technical assistance, and advocacy through three divisions: The Department of Economic Development, the Department of Tourism and Marketing, and the Department of Housing and Community Development. For more information on ACCD please visit: accd.vermont.gov/
Source: COLCHESTER, Vt. – Agency of Commerce and Community Development 1.31.2020