SBA Loan Clinic July 6

The Small Business Administration is hosting a free webinar at 12:00 on July 6 about its guaranteed loan programs. SBA guarantees loans making it easier for small businesses to get the funding by reducing lender risk. Funds can be used for most business purposes, including long-term fixed assets and operating capital. Amounts range from $500 […]

Workforce Training Grants Available to On-Board and Upskill Staff 

The Vermont Training Program (VTP) helps fund innovative solutions to today’s workforce challenges.  VTP grants can cover up to 50% of expenses related to training and up-skilling staff, including employee wages for time spent training on the job. Training can be on-site or through an outside provider and funds can even be used to establish […]

Export Grants Available to Increase International Sales and Marketing | State Trade Expansion Program

ACCD grant funding is available to help small businesses increase export sales by reaching international customers. Watch a video (click here) to learn how four Vermont companies have used the State Trade Expansion Program (STEP) to support their sales and marketing activities. Vermont exporters and potential exporters can benefit from leveraging activities such as participating in […]

Reminder | Review and Feedback, Questions on New Tax Laws Impacting Vermont Manufacturers and Other Businesses

As noted at the end of the session, the Legislature has passed legislation implementing several long standing priorities to improve the tax environment for manufacturers and other businesses in Vermont that AIV has been leading efforts on over recent years.  S.53 includes provisions adopting single sales factor apportionment for corporate income tax liability as well […]

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 […]

Compensation Trends in Manufacturing

The following is provided in cooperation with our national partners and allies at the Manufacturing Institute: In data and conversations, manufacturers continue to recount the difficulties that they are having with attracting and retaining workers. Compensation practices have needed to adapt – sharply for some companies – considering the local and national competition for workers, […]

Vermont Internship Program Grant Application Now Available

The Vermont Department of Labor is now accepting applications for the 2022 Vermont Internship Program. Funded by VDOL, the program will award $400,000 to eligible organizations. Click here for more. What is the Vermont Internship Program? The Vermont Internship Program promotes internships by providing grants to organizations that support or connect Vermont employers with student-interns […]

SBA Loan Clinic

The Small Business Administration is hosting a free webinar at 12:00 on June 1 about its guaranteed loan programs. SBA guarantees loans making it easier for small businesses to get the funding by reducing lender risk. Funds can be used for most business purposes, including long-term fixed assets and operating capital. Amounts range from $500 […]

Corporate Tax Reform Passes the Legislature and Awaits Governor’s Action, Key Manufacturing Provisions Included

The House and Senate conference committee negotiating a final version of S.53 reached an agreement for the bill addressing corporate income tax reform.  Both chambers have now passed the final bill and we are now awaiting the Governor’s action.  The bill includes the most impactful provision, adopting single sales factor apportionment, that had been removed […]