Restaurant Revitalization Fund Application and Guidelines Announced
The US Small Business Administration (SBA) announced new details about application requirements and eligibility for the upcoming Restaurant Revitalization Fund (RRF). The opening date for the application portal has not yet been announcement but is expected in the weeks ahead.
RRF will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding if funds are used for eligible uses no later than March 11, 2023.
ACCD and the SBA strongly encourage Vermont restaurants, brew pubs, food trucks, coffee shops, bars and all other potential applicants to look through the website and prepare their documents. To review initial program details, ACCD and the SBA will hold a webinar on Wednesday, April 21st at 3:00pm for businesses owners.
Vermont Products Marketing Opportunity
The Vermont Agency of Agriculture, Food and Markets (AAFM) is seeking food, beverage and retail businesses to be a part of the Vermont Building at the Eastern States Exposition, home of the Big E fair. In 2019, 1.6 million people attended the Big E, held in West Springfield, Massachusetts, making this a great event to showcase Vermont products to the southern New England audience.
For more information and to apply for booth space, visit the AAFM website.