Grants for Agriculture and Working Lands Businesses and Organizations Now Open

Governor Scott and the Vermont Agency of Agriculture, Food and Markets have announced $8.5 million in relief funding available for farmers, sugar makers, meat and poultry processors, slaughterhouses, farmers markets, agricultural food products businesses, forest products businesses, and producer associations to cover losses and expenses caused by the COVID-19 public health emergency. The Agriculture and Working Lands Assistance Application is the third and final […]

On the Wire | News & Analysis from the Web for the Week of August 10

Shift Will Accelerate Smart Manufacturing Jobs.  Technical Education Post 8/12 “Even before the start of 2020, a trend toward nearshoring to North America was emerging. Now, in the midst of the COVID-19 pandemic, we predict companies will not only continue this trend – they will also adjust their entire supply chains toward more geographically spread […]

SBA Loan Applicants Beware of Email Phishing Scams

The Small Business Administration is sending a cyber warning alert to loan applicants seeking federal aid in response to the Coronavirus (COVID-19) pandemic. Email phishing campaigns where malicious actors are impersonating the SBA and its Office of Disaster Assistance to collect personally identifiable information for fraudulent purposes have surfaced. The SBA is particularly concerned about […]

Reminder:  PPP and EIDL Webinars Continue

PPP Forgiveness Webinars Tuesdays and Thursdays The SBA Vermont District Office hosts a free daily webinar from 11:30 am to 12:30 pm Tuesdays and Thursdays to discuss Paycheck Protection Program forgiveness and other changes. To join the webinar, click here. To join by phone, call 202.765.1264 and when prompted enter the code 237511921#. Upon joining […]

Trade Updates from A.N. Deringer

The following is provided by AIV member A.N. Deringer: Hong Kong Goods Not Subject to Chinese Tariffs, Confirms CBP In frequently asked questions (FAQ) published on August 12, US Customs and Border Protection confirmed that the recent marking changes for Hong Kong goods will not subject the goods to Chinese tariffs. The FAQ responds to […]

Vermont Distributing 300,000 Free Cloth Facemasks

The Administration has announced that the state will distribute up to 300,000 cloth face coverings to the public, emergency responders, and select agencies throughout the month of August.  The State Emergency Operations Center procured the masks from those donated to the Federal Emergency Management Agency and the US Department of Health and Human Services. As […]

Updated Guidance and Resources from the IRS

Identity Theft Issues for Businesses and Individuals The IRS and its partners continue their efforts against identity theft.  Now the Form 14039-B (click here), an identity theft affidavit for businesses and other entities, will make it easier for businesses, estates, trusts and tax-exempt organizations to report identity theft to the IRS. Submitting this form will […]

Upcoming Webinars

AIV’s national allies and partners at NAM and the Manufacturing Institute are offering the following webinars that might be of use and interest: MFG Day 2020: Hosting Virtual MFG Day Events this Year. August 13 at 2:00 pm. Click here. COVID-19’s Impact on Manufacturing, August Update webinar featuring NAM Chief Economist Chad Moutray and industry […]

Updated COVID-19 Testing Guidance for Employers

The Department of Health has updated information regarding COVID-19 testing in the workplace. The Department of Health does not recommend requiring asymptomatic employees to test for COVID-19 or provide proof of a negative test prior to returning to work, unless that person is looking to end their quarantine period early. Visit the Department of Health’s […]

Economic Recovery Grants Still Available

Economic Recovery Grants (click here) administered by ACCD and the Department of Taxes are still available to Vermont businesses who have experienced a 50% or greater drop in total revenue in any one-month period from March 1, 2020 through July 31, 2020, when compared with the same month in 2019. Businesses with at least one W-2 […]