The Week Ahead in Committees | Week of August 31

The following are selected items on committee calendars for the coming week that might be of interest to members.  Schedules are subject to change.  If you would like more in­formation on any of these issues or others of interest to you, please do not hesitate to contact us at info@aivt.org.  You can also review full agendas […]

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 […]

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 […]

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 […]

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 […]

Food Safety and Inspection (FSIS) program gives Vermont agriculture businesses access to new markets

The USDA and Vermont have finalized an agreement to allow certain state-inspected meat and poultry processors to ship their products across state lines. The USDA’s Food Safety and Inspection Service (FSIS) oversees the Cooperative Interstate Shipment (CIS) program which expands business opportunities for state-inspected meat and poultry establishments by permitting certain state-inspected plants that comply […]

Reminder:  Paycheck Protection Program Deadline

The deadline to apply for funding through the Paycheck Protection Program is Saturday, August 8. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll (click here for more). The Small Business Administration (click here) will forgive loans if all employee retention […]

Forest Economy Stabilization Grant Program to Open

The Department of Forests, Parks, and Recreation (DFPR) will open the application for the Forest Economy Stabilization Grant Program August 5.  Click here for more. Qualifying businesses must meet eligibility criteria and grant award calculations will be based on actual demonstrated economic harm during the pandemic. A recording of an informational webinar for applicants will […]

Economic Recovery Grants Program Expanded

Vermont has expanded eligibility for Economic Recovery Grants for Vermont businesses negatively impacted by the COVID-19 pandemic. Under the original eligibility criteria, a business was required to have at least one W-2 employee who was not an owner of that business. Starting August 3, businesses with at least one W-2 employee – now including those […]

Vermont Economic Recovery Grants Still Available

There is still money available and time remains to apply for Vermont Economic Recovery Grants. Funds are available to Vermont businesses who can demonstrate a revenue decline of at least 50% in any one-month period from March 1 to August 31, when compared with the same month in 2019.  Last week, $33 million in grant […]