To begin with, check out the article at http://money.cnn.com/2007/09/07/smbusiness/working_in_the_woods.fsb/index.htm.
It displays an interesting - and somewhat obvious, strategy that Vermont seems to have ignored, to wit, attracting individual and small business operations to the state to enjoy the benefits of "the good life" in Vermont while still functioning as a profit-making organization.
Why not offer investment, software designers, business consultants, et al, the opportunity to work from a Vermont home? All that is needed are the necessary tools (basically broadband telecommunications connections), the local regulations to permit such operations, and the common sense to reward such operations with a tax incentive that will attract them in the first place.
Such out-of-the-home businesses should not have to satisfy Act 250 requirements - so long as they meet locally defined restrictions.
In the long run these business forms would gradually become a source of future employment opportunities.
Remember how the "I Love New York" ad campaign successfully enhanced that state's tourism? Wouldn't a parallel campaign draw some of the folks from Madison Avenue or Wall Street to Vermont who may just be fed up with the daily commute?
There's an opportunity to attract a none invasive, ecologically-friendly, business form to Vermont that we need to aggressively pursue.