As of July 7, 2021, the Vermont Agency of Commerce and Community Development (ACCD) is expanding eligibility for its Economic Recovery Bridge Program. With this change, ACCD is now accepting applications from organizations that have received prior State of Federal assistance.
Under the expanded guidelines, organizations that can demonstrate; 1) a 2020 tax loss; and 2) that the organization suffered a net loss when aggregating the results of their monthly profit and loss statements for the period from March 2020 to April 2021, including the amount of prior state and federal assistance, are eligible to apply.
The Agency will continue to give priority to applicants who have not yet received any prior benefit. In addition, businesses in the tourism, travel, and hospitality industries will also be given priority.