More tech startups gravitating to Vermont

Source: WCAX

High-tech companies looking to get off the ground are increasingly using Vermont as the launching pad.

What does a geo-based social media app, a mobile amazon Alexa device creator, and an mRNA manufacturing company all have in common — Vermont is their home. A growing number of founders of new companies either recently moved or started their company in the Green Mountain State.

“So many people don’t know how great it is, so that made it a perfect spot for an app like this,” said Rosalie Phillip, the founder of the Hawp App.

The social media app may connect people from all over, but Phillip says the roots are in Burlington.

“So many people have been so supportive. So many people want to help in any way they can,” Phillip said.

Meanwhile, Vernal Biosciences, an mRNA manufacturing company, moved from Boston during the pandemic.

“Over time, the business started to come together in this location,” said Christian Cobaugh, the company’s founder and CEO.

Cobaugh says he found investors, lab space, talent, and some budding biotech businesses in Vermont to work with. That, combined with the love of the state, meant a recipe for success.Advertisement

“We’re really aligned with our staff around values associated with Vermont that are somewhat unique,” Cobaugh said.

Those values include a love of the outdoors and family. Both companies plan to stay here and grow.

Vermont Center for Emerging Technologies President David Bradbury says the list of new startups is impressive.

“We have seen record numbers of people seeking support and advice from us,” he said.

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