Vermont Business Magazine The Small Business Technical Assistance Exchange grant program is launching on 11/6 and is being administered by Shaneall Ferron and Central Vermont Economic Development Corporation. This program is made possible with the active participation from all 12 regional development corporations of Vermont, along with 5 “Outreach Reach” partner agencies that have distinct connection and access with the businesses this round of the program is intended to support.

The two previous rounds of the program had been Federally funded and Covid-19 responsive. This third round of grant funding for small businesses prioritizes those from historically disadvantaged backgrounds on a first come first served basis. In this third round, the State has funded $1.25 million into the 183 awards that will be made to small businesses with a prioritization of businesses owned by: BIPOC, women, veterans, justice-involved individuals, people with disabilities, those in very rural areas, LGBTQIA+ individuals, Young Vermonters (25 and under) and Mature Vermonters (55 and older).

A unique offering of this program is funded spaces for “Outreach Partners.” Mercy Connection, Community Resiliency Organizations, Vermont Professionals of Color Network, Working Fields, and VT Womenpreneurs will have paid roles in helping clients from historically marginalized background overcome barriers in accessing, participating, and benefitting from this program.

For more information about the program, or to apply please visit: SBTAE Small Business Technical Assistance Exchange (rdcsofvermont.org).

About CVEDC:
Organized in 1976 to provide impetus for the region’s economic development, CVEDC maintains a volunteer Board of Directors comprised of local business owners, State representatives, lenders, and municipal officials. Our funding primarily comes from the State of Vermont, our municipalities, and dues-paying members of CVEDC. https://www.cvedc.org/