COVID-19 Guidance for Vermont Businesses from ACCD



As a follow up to the Governor’s Executive Order, the Agency of Commerce and Community Development (ACCD) and the Department of Labor are assessing and responding to the community impacts of COVID-19 on Vermont businesses.

First and foremost, ACCD and the Department of Labor urge all businesses and their employees to follow the latest guidance from the Vermont Department of Health and U.S. Centers for Disease Control (CDC).  The most current information can be found here

Department of Labor Guidance

The Department of Labor will be issuing guidance for Employers and Employees, including information on the potential impact on unemployment insurance benefits, employee sick-time and other issues as a result of COVID-19. More information and further updates can be found at

Business Impact and SBA Loans

ACCD is asking any Vermont business impacted by the response to the COVID-19 virus to share these impacts with the Agency through a dedicated email address:

In addition, the Coronavirus Preparedness and Response Supplemental Appropriations Act recently passed by Congress expanded the Small Business Act’s definition of a disaster to include Coronavirus (COVID-19).  As a result, the SBA will be able to provide Economic Injury Disaster Loans (EIDLs) under a Governor’s Certification Disaster Declaration. In order for the SBA to consider an EIDL declaration, the Governor must demonstrate that at least five small businesses in a disaster area have suffered substantial economic injury as a result of the disaster.

The Agency is working to identify businesses that meet the Small Business Administration’s threshold for SBA disaster loan assistance.  Businesses are asked to complete an assessment form (available on the ACCD website at and return it to as soon as possible to help us advocate for eligibility. Our goal is to gain information in each of the 14 counties across the state.  We are looking for data on impacts in the following areas:

  • Economic Injury
  • Supply Chain
  • Workforce (Including that caused by lack of childcare)
  • Business Travel
  • Visitor Travel and Tourism Activities
  • Remote Work Capabilities

The Agency has also established a hotline so that businesses may call to report impacts and be directed to resources: (802) 461-5143. The hotline will be staffed Monday through Friday, 7:45 a.m. – 4:30 p.m.

Stay Up to Date

ACCD and the Department of Labor are working to keep you updated whenever new information becomes available.  We encourage you to sign-up for our Business and Economic Response to COVID-19 Newsletter.

For more information on Unemployment Insurance: UI Employer Services – 802-828-4344

For general Department of Labor Questions: Department of Labor Commissioner’s Office –





Ted Brady Deputy Secretary Vermont Agency of Commerce and Community Development (802) 622-4200 On the Web at

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SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans





Release Date: March 12, 2020                              Contact: (202)205-7036

Release Number: 20-24                           Follow us on: Twitter, Facebook, Blogs & Instagram


SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans

WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation:


“The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will work directly with state Governors to provide targeted, low-interest disaster recovery loans to small businesses that have been severely impacted by the situation. Additionally, the SBA continues to assist small businesses with counseling and navigating their own preparedness plans through our network of 68 District Offices and numerous Resource Partners located around the country. The SBA will continue to provide every small business with the most effective and customer-focused response possible during these times of uncertainty.”


Process for Accessing SBA’s Coronavirus (COVID-19) Disaster Relief Lending


  • The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration.
  • Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans available to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by the Coronavirus (COVID-19).
  • SBA’s Office of Disaster Assistance will coordinate with the state’s or territory’s Governor to submit the request for Economic Injury Disaster Loan assistance.
  • Once a declaration is made for designated areas within a state, the information on the application process for Economic Injury Disaster Loan assistance will be made available to all affected communities.
  • SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
  • These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.
  • SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
  • SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.

For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail




About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit


Town of Randolph’s Request for Proposals – Local Hazard Mitigation Planning Services

Request for Proposals

Local Hazard Mitigation Planning Services

The Town of Randolph, in Orange County, Vermont, seeks the services of a qualified consultant to

create a new Local Hazard Mitigation Plan for the Town of Randolph (2010 pop. 4,778). A final

draft is to be completed no later than August 10, 2020. The plan approved by the Randolph

Selectboard will be submitted to the Federal Emergency Management Agency (FEMA) for approval.

Please contact Adolfo Bailon, Town Manager, with any questions regarding this request for

proposals. Inquiries may be made through email at Please include “LHMP

RFP” in the Subject line.



GMEDC’s Disaster Revolving Loan Fund Awards First Loan

Green Mountain Economic Development Corporation (GMEDC) was awarded a Rural Business Development Grant from USDA to create a Revolving Loan Fund for businesses affected by disasters. GMEDC closed its first loan of $15,000 on August 25th in Hartford, VT to DJ Enterprises/AC Lawn Mowing following extensive storm damage July 1st. Water, mud, stone ballast and debris from the railroad embankment above their property on Old River Road in White River Junction crushed their main building, forcing cancellation of their business operations and vacated several tenants. The well-known local owners, Chuck and Alicia Gordon, were visited by Governor Scott and Commissioner of Labor Lindsay Kurrle the next day to view the devastation first hand. They assured the Gordons that Commissioner Kurrle would remain in contact afterward to work with federal, state and local agencies and help get them back on their feet.

GMEDC Executive Director Bob Haynes became their local point of contact for meetings with Ross Hart of SBDC to provide business planning and inspections by Ben Rose, Section Chief for Vermont Emergency Management Division, Lori Hirshfield, Director of Planning for the Town of Hartford and FEMA. Bob also worked closely with their attorney, Brad Fawley, of Downs Rachlin and Martin.

Alicia Gordon said “We are most grateful for the tremendous support and care provided by Lindsay and Bob and we don’t know what we would have done without them! They really care about us small fries and they did everything they could to help us. This is our life and they understand that.”

 GMEDC is eager to learn of other businesses that could benefit from this newly created Revolving Loan Fund. The loans are fairly small but are structured to meet individual needs with a 0% interest rate” explained Mr. Haynes. “Other programs are available for larger amounts. We work closely with VEDA, our state industrial bank, and federal loan programs to help protect our small businesses and their employees. As we experienced during Irene, it is a lot of work for us, but it’s an important part of what we do as a Regional Development Corporation. We are most appreciative of USDA for this support.

Business owners Chuck & Alicia Gordon, GMEDC Executive Director Robert Haynes, GMEDC Board Co-Chair Sperry Wilson and Commissioner of Labor Lindsay Kurrle at the August 25, 2017 Loan Closing.

Surveying the damage at AC Lawn Mowing

VtSBDC Training: Financial Statements 102

The VT Small Business Development Center (VtSBDC) will be holding a training on business accounting and budgets on February 8th in Wilder, VT.

Vermont Small Business Development Center

Financial Statements 102 – Room 102

Topic: Business Accounting and Budget
Wednesday, February 08, 2017 5:30 PM to 7:00 PM

This workshop is appropriate for those business owners who have had exposure to basic accounting principles and have spent some time with their own statements and would like to learn more. It is a perfect follow up for those who took the Financial Statements 101 workshop. Among the topics covered will be an in-depth discussion on cost of goods sold, gross margins and how pricing and direct labor impacts them, and the importance of understanding cash flow. Participants are provided with a high quality workbook and encouraged to bring samples of their own statements so they can work individually with them. The instructor is available after the workshop to answer questions.

Speaker(s): Ross Hart

Fee: $ 25.00

Payments can be mailed to: VtSBDC, PO Box 188, Randolph Center, VT 05061 or you can call the main office at: (802) 728-9101 with a credit card number.

Already Registered? Sign in for more information.

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145 Billings Farm Road
White River Junction, VT
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