$350K Economic Development Grant From Vermont Yankee Parent

Jul 31, 2015


Credit US Nuclear Regulatory Comission

A southwestern New Hampshire organization is getting a $350,000 economic development grant from the parent company of Vermont Yankee to benefit communities affected by the closure of the nuclear power plant.

Monadnock Economic Development Corp. applied for the grant from the Entergy Charitable Foundation, which presented it Thursday.

About 200 New Hampshire residents were employed by Vermont Yankee, which stopped making power in December.

The grant will benefit areas such as Chesterfield, Hinsdale, Keene, Swanzey and Winchester.

Much of the money will be used to set up a revolving loan fund and investment program. The balance will be shared by the Southwest Region Planning Commission and the Greater Keene Chamber of Commerce for planning and outreach.