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News in Brief for August 2023 - Vermont Biz

Governor Phil Scott and the Vermont Department of Economic Development (DED) are providing businesses and nonprofits that suffered physical damage from the July floods financial assistance. The Business Emergency Gap Assistance Program (BEGAP) grants provide at least $20 million total. The BEGAP program is intended to support the reopening of businesses, as FEMA funding does not include business recovery. The governor also announced that the two “Vermont Strong” license plates are available to purchase and will include an incentive from Darn Tough Socks. Half of the license plate funds will go to BEGAP with the other half earmarked for flood recovery through the Vermont Community Foundation.

vermontbiz.com     Sep 30, 2023