Vermont Business Magazine An economic relief grant program now available will provide grants of $5,000, $7,500 or $10,000 to qualifying sole proprietors through a lottery draw. The program is funded through $1.5 million from the US Housing and Urban Development’s CDBG Program, and passed through ACCD. The application window opened Monday, July 20, 2020 and grants will be awarded through a lottery system on August 14, 2020.
https://www.vermont-cdbg-cv.com/
Brattleboro Development Credit Corporation (BDCC) and Two Rivers-Ottauquechee Regional Commission (TRORC) will be administering funds. Full details can be found on the program portal, including the program breakdown, eligibility requirements, application materials and timelines, as well as technical assistance and FAQs.
As of Tuesday, there were 90 applications submitted with 224 grants available. Full details are provided on the website above.
Casey Haynes from BDCC said, "I would strongly encourage qualifying sole proprietors to apply and not be scared off by the "lottery" aspect."
https://www.vermont-cdbg-cv.com/ contains resources, including video tutorials, updated FAQs, and email addresses for questions not answered by the other resources.
Businesses located in Windsor, Orange, Caledonia, Essex, Orleans, Franklin, Grand Isle, and Chittenden counties should click here for more information: [email protected]
Businesses located in Windham, Bennington, Rutland, Addison, Washington, and Lamoille should click here for more information: [email protected]