VT Expanded Emergency Economic Recovery Grant Program

Vermont has announced a new funding program for businesses – the Expanded Emergency Economic Recovery Grant Program. The program will provide $76 million in aid to businesses that have been affected by the pandemic.

Businesses that collect state sales and use or rooms and meals taxes — which includes restaurants, hotels and others in the hospitality industry are able to apply now for the program. They can do so through the Department of Taxes website.

Other businesses and nonprofits will be able to apply through the Agency of Commerce and Community Development (ACCD). Businesses will be asked to complete an online application via ACCD. The online application for these businesses is not available yet, however we will continue to keep you updated as more information is released. IMPORTANT: Please note that the funding will be provided on a first come, first serve basis so you should begin pulling together the required information right away.

For more information about the expanded funding opportunities please click here to view details on the ACCD website or click here to access the FAQ.

To view specific grant guidelines please click here.

The ACCD and Department of Taxes will be hosting a webinar on 10/23 at 10am where they will walk-through the application process and award calculations, and will answer questions. Click here for registration information.

Please click here to view the Seven Days article “Vermont Announces $76 Million in New Round of Business Grants“.