Innovative Technology by the Numbers

  • The 64 member companies of the VTSDA created over 300 jobs in 2008 and 2009.

  • These 300 new jobs provide over $18 million to Vermont's economy.

  • The 300 people employed pay over $1 million in income taxes to the state each year and at least $1.2 million in property taxes.

  • Member companies expect to create at least 150 new jobs by the end of 2010.

  • The 64 member companies of the VTSDA employ over 1,000 employees.

  • The average salary paid by a tech company in Vermont is $60,000 plus benefits.

  • The median household income in Vermont in 2008 was $52,111

  • For every programmer, software companies hire six to ten other employees for sales, marketing, accounting, administration, and support.

  • The VTSDA's members account for only a fifth of the software developers in Vermont.

  • Similarly, they account for less than 10% of the creative tech companies in the state.

  • High-tech products accounted for 75% of Vermont exports in 2008.

  • High-tech exports brought $2.8 billion to Vermont in 2008.

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