Jay Peak, Vt.
Charlotte Albright interviews Jay Peak CEO, Bill Stenger to discuss the positive impacts the EB5 visa program has brought to the Resort, local economy, region and to the EB5 investors.
State of Vermont Governor Peter Shumlin commended the efforts of Bill Stenger and the EB-5 visa program at Jay Peak Resort in his inauguration address:
“Let me give you an exciting example of what I mean by innovation in financing and venture capital. The EB-5 program, championed in Congress by Senator Leahy, is an established means of generating capital that is creating jobs. Thousands of them, right here in Vermont. We must take this program to levels not imagined by its creators. EB-5 gives us a vehicle not only to raise essential capital, but also to spread Vermont’s stellar reputation from one end of the globe to another.
We have a pioneer in this effort, Bill Stenger, of Jay Peak, deep in the Northeast Kingdom, who joins us today. Bill has plumbed this federal program to its fullest potential. Through this initiative he has created over a thousand new jobs in the highest unemployment area of the state that would not otherwise exist”
Please visit the following link to see the NPR story in full.