Vermont Economic Recovery Grant Program Expands Eligibility for Businesses
Montpelier, Vt. – Governor Phil Scott, the Agency of Commerce and Community Development (ACCD) and the Department of Taxes today announced 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 today, August 3, businesses with at least one W-2 employee – now including those who are an owner – are also eligible and encouraged to apply.
“Businesses of all sizes are doing everything they can to survive under the difficult circumstances caused by this pandemic, and it’s our responsibility to step up and support them in the recovery,” said Governor Scott. “We are hopeful these new requirements will provide some additional relief as we continue to rebuild together and emerge from this crisis stronger than before.”