Economic Recovery Bridge Program Set to Close June 15

The Economic Recovery Bridge Program (click here), a pandemic relief grant that opened in 2021 for businesses that suffered a tax loss owing to COVID-19, will sunset as of June 15. At that time, the application portal will no longer be accessible to new or returning users. Those who wish to complete active applications currently in […]

Economic Development Bill Passes Legislature, Includes Aid and Incentives for Employers and Employees

The final conference report for S.11, which became the latest and last vehicle for attaching a wide range of economic development and other provisions that have evolved over this session,  has passed the Legislature and is awaiting the Governor’s action.  It includes a number of provisions intended to help certain employers and employees.  Unfortunately it […]

All EIDLS Deferred Until 2022

The Small Business Administration reminds all Economic Injury Disaster Loan borrowers the agency extended deferment period for all disaster loans, including COVID-19 EIDLs, until 2022. All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note. […]

Updated Guidance and Resources from the IRS

Tax relief for employer leave-based donation programs that aid victims of the COVID-19 pandemic  The IRS extended the tax relief provided in Notice 2020-46 for calendar year 2021 for employers whose employees forgo sick, vacation or personal leave because of the COVID-19 pandemic.  Click here for more. Avoid these errors when requesting advance payments of […]

Economic Recovery Bridge Program Opens to Additional Businesses

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 […]

Vermont Business Vaccine Clinics

If Vermont businesses are interested in creating pop-up clinics for their employees or customers or in having a vaccination booth at an upcoming event, please submit your information through the Vaccine Clinic Registration Form (click here).  The information you provide through these web forms will help the Health Department assess the resources needed and if […]

Economic Recovery Bridge Program

Opening on June 7, the Economic Recovery Bridge Program is expected to deliver $30 million in financial relief to businesses who have not received state and federal funding due to eligibility constraints and to businesses who can show a continued loss of revenues due to the COVID-19 pandemic. Click here for a webinar on the […]

Vermont’s Workplace Guidance and Requirements Are Not Changed by Today’s Mask Announcement

As you might know, the Governor has announced significant loosening of Vermont’s mask requirements for those who are vaccinated following a related announcement from the CDC. However, it is very important to note that this does not change Vermont’s masking, distancing, or other guidance and requirements for employers, their employees, and the workplace. State authorities […]