UPDATED | State Economic Relief Grants Announced, Applications Accepted July 6, More Webinars July 2 and 3

The Administration has announced that applications for economic support through one of several different grant tracks created through S.350, which has been signed into law, and H.966, which is expected to be signed into law in the next several days, will be open for submission beginning July 6.  The Emergency Economic Recovery Grants, which will […]

Updated Check-In on Status, Needs, Questions, and Recommendations

To help AIV serve Vermont’s industrial and business community, we ask that you take a moment to complete our updated and revised survey regarding the ongoing impact of COVID-19 on your business, assistance you need, questions you want addressed, and suggestions or recommendations you have to share from your experiences.  Please note that this survey […]

PPP Application Deadline to be Extended

Congress has passed and sent to the President legislation to extend the application deadline for the Paycheck Protection Program to August 8.  The previous deadline was June 30.  Approximately $130 billion remains available for loans under the program, after Congress acted earlier this year to replenish the program following the swift exhaustion of its initial […]

Vermont Employer Mask/Face Covering Survey

AIV and other business organizations are working together to survey Vermont’s employers to help identify employer masks/face coverings and other personal protective equipment (PPE) needs in the state.  The purpose of this survey is to help quantify use, demand (current and future), and supply of masks/face coverings to help inform ongoing efforts to assist Vermont […]

Trade Updates from A.N. Deringer

The following is provided by AIV member A.N. Deringer:   US-Mexico-Canada Agreement (USMCA) Goes into Effect; Final Implementing Instructions Released Effective today, July 1st, NAFTA terminates, and the USMCA enters into force. The Final Implementing Instructions for USMCA (aka CUSMA) were released yesterday. The Background section states: “CBP understands that the trade may need time […]

Legislation Passes Expanding Workers’ Compensation Presumptions for COVID-19 | Employer Compliance with ACCD Guidance Critical

The Legislature rushed to pass S.342 in the closing days before recessing Friday until August 25.  The bill would create a rebuttable presumption that COVID-19 is a compensable workplace illness across all sectors, although the bill defines “front-line” workers who would have the stronger presumption, while employers of non “front-line” workers would have more options […]

Upcoming and Recent Webinars

The following are upcoming webinars hosted by our national partners and allies at NAM, as well as a recording of a recent webinar: Forecasting in the New Normal: How Manufacturers are Becoming More Responsive to Fluctuations in Demand by Linking the Pulse of the Customer, Captured in Sales Forecasts, with Demand Forecasts.  July 9 at 1:00 […]

Reminder | PPP Application Deadline June 30

The Paycheck Protection Program is taking applications until June 30th.  More than $100 billion in PPP funds are still available. Small businesses can now use funds for up to 24 weeks and have the option of extending the life of the loan from two years to five.  SBA will forgive loans if funds are used […]

EIDL Program Reopened for Small Businesses and Nonprofits

The SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19. The EIDL program offers long-term, low interest loans for small businesses and nonprofits that can be used to cover payroll and inventory, pay debt, or fund other expenses. The EIDL […]