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Governor Scott’s Budget Priorities Vermont Business Magazine The Agency of Commerce & Community Development is focused on more than $100 million in economic initiatives as part of Governor Scott s budget proposal. Last Wednesday, ACCD held a webinar to review the Agency’s legislative priorities with partners and the public. A recording of that webinar and presentation is now available at the ACCDCOVID-19 Recovery Resource Center. You can also find a breakdown of the governor s $210 million recovery plan HERE. Town Meeting Guidance Announced In-person annual town meetings are strongly discouraged this year. Unlike some municipal meetings, annual town meetings cannot be conducted remotely because they require citizen participation and voting, a constitutional right. Municipalities choosing to conduct in-person meetings or elections must conduct those meetings in a manner that complies with physical distancing, building capacity limits, and cloth facial cove ....
Mon, 01/25/2021 - 4:23pm tim Vermont Business Magazine The SBA Vermont District Office hosts free webinars from 9 am to 10:30 am Wednesdays about the Paycheck Protection Program First Draw and Second Draw options. What is a PPP loan, terms, eligibility, and the application process? What is the difference between them? What has changed with the Economic Aid Act? Details on both programs will be presented. To access the webinar, click here. To access the webinar by phone, call 202-765-1264 and enter code 142 718 62#. For more information, email susan.mazza@sba.gov. PPP Forgiveness Webinars Tuesdays & Wednesdays The SBA Vermont District Office hosts free webinars from 11:30 am to 1 pm Tuesdays about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more. ....
Tue, 01/12/2021 - 4:44pm tim Small Business Administration Join this webinar at 3 p.m. Jan. 14 for a preliminary overview of the Shuttered Venue Operators Grant program included in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act signed into law by President Trump on December 27, 2020. Eligible organizations with a reduction in revenue due to the COVID-19 pandemic will have the opportunity to receive up to a $10 million grant under the program. In total, the Economic Aid Act allocates $15 billion for the Shuttered Venue Operators Grants. This webinar will provide introductory information about the grants, who can apply, how potential organizations can prepare, and other detail re: eligibility and applications. ....
Paycheck Protection Program The CAA bill authorized new rounds and additional funding for the Paycheck Protection Program (PPP), which opens starting this week for new borrowers and certain existing PPP borrowers. Loans under $150,000 will be forgiven via a simple one-page form. Key PPP updates include: PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs; PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures; The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations; ....