The state is increasing Business Emergency Gap Assistance Program (BEGAP) (click here for related website) awards for most recipients, included retroactive changes. The previous BEGAP formula awarded most grantees 20% of their net uncovered damages (damages less insurance proceeds, donations, or other grants) with a cap of $20,000. The new rules will allow up to […]
DEC Financial Support for Diesel Emissions Reduction Coming This Fall
The Vermont Department of Environmental Conservation (DEC) will once again be offering incentive funding this fall through the Vermont Diesel Emissions Reduction Financial Assistance Program. This funding will be competitively awarded to projects that reduce emissions from diesel-powered vehicles, engines, and nonroad equipment. Click here for more. Funding will be available for: Replacement of diesel-powered […]
Webinar | How to MAKE Your Company Military Ready
AIV’s national partner and ally, the Manufacturing Institute, is hosting an upcoming webinar that should be of interest to many members: The Manufacturing Institute’s Heroes MAKE America program will be presenting a virtual workshop focused on “How to MAKE Your Company Military Ready.” American Manufacturing has a skills gap, and our military community can help […]
Economic Injury Data Still Needed
Is summer flooding cutting into your bottom line? ACCD needs your help to assess all the damage. Please click here to take a 10 minute survey on lost revenue and ongoing financial challenges. There is currently no grant program for organizations that exclusively suffered economic damage. The more responses to this survey, however, the better the chances of getting […]
Governor Scott Acts on Temporary Regulatory Relief to Expedite Response and Rebuilding
Governor Phil Scott today signed an addendum (click here) to his Emergency Declaration (click here), which directs state agencies and departments to provide specific and temporary regulatory relief to expedite the state’s response to damage resulting from the severe storms continuing to impact the state. Under authority provided by the state of emergency, the Governor […]
Clean Heat Standard Bill, Increasing Costs for Heating and Industrial and Commercial Processing Fuel, Passes House
The House Friday voted for final passage of S.5, requiring the development of a Clean Heat Standard program and related rules and regulations for review by the Legislature for approval of implementation in 2025. For a review of the bill and related concerns, especially fuel cost impacts for manufacturers and other commercial and industrial customers, […]
Clean Heat Standard Legislation Advances, Cost Risks for Manufacturers and Other Customers Not Addressed
The House Environment and Energy Committee Thursday passed out S.5, which would create a Clean Heat Standard program, developed by the Public Utility Commission by 2025, under which fossil fuel sellers (those who initially own the fuel imported into Vermont for sale) would have to purchase tradable credits in order to sell non-highway transportation fuels. […]
Registration Open for HTS/Schedule B Classification Training for Exporters
Businesses seeking to better understand how to use the Harmonized Tarriff System (HTS) for imports and the Schedule B listing for exports won’t want to miss the next export training webinar on Tuesday, February 7, 10:00 am to 12:00 pm. Trainer Mike Allocca of Allocca Enterprises (click here) will explain the General Rules of Interpretation […]
Forgiveness Application Now Available for Short Term Forgivable Loan Program
Borrowers may now apply for forgiveness for their Short Term Forgivable Loans as part of the program offered to support businesses experiencing continued working capital shortfalls as a result of the COVID-19 pandemic. Borrowers may apply for forgiveness anytime up until 12 months from the day they received their loan, as long as they meet […]
Agricultural and Forestry Trade Show Assistance | January 31 Deadlines
Trade Show Assistance Grants Agricultural and forestry businesses may apply for up to $5,000 to help mitigate the financial risks associated with exhibiting at trade shows and network with wholesale buyers. Funds may reimburse up to 50% of costs related to exhibiting and selling products at out-of-state trade shows or virtual shows targeting out-of-state buyers that […]