Restart Vermont Technical Assistance Program
Governor Scott recently announced the Restart Vermont Technical Assistance Program (ReVTA) that will provide technical assistance to hundreds of Vermont businesses negatively impacted by COVID-19. The state’s regional development corporations (RDCs) have been tasked with deploying $1.17 million in technical assistance funding which was provided through the federal CARES Act.
The program will leverage a regional and statewide network of technical assistance (TA) providers. TA includes, but is not limited to, assistance for business operations, financial management, digital and marketing strategies, architecture and design, reconfiguring products or processes, updating safety measures, technology and software consulting, and legal or professional services.
Each RDC will deploy a Recovery Navigator to work one-on-one with local businesses and determine what form of technical assistance is needed. The Navigator, client business, and TA provider will develop a scope of work appropriate to solving the client’s issues. The cost of the work will be covered by ReVTA. The program is expected to assist more than 250 businesses with awards averaging $3,000. All funds need to be spent by December 4, 2020.
A website has been created for businesses to register to provide assistance as well as those interested in receiving assistance. TA providers can start registering on Thursday, September 17. Businesses seeking recovery assistance can start registering on Tuesday, September 22. More details, eligibility requirements, and registration forms are available at www.vermonteconomicdevelopment.com.