NH Updates
Restaurant Infrastructure Investment Program Re-Opens TODAY - The State of NH is re-opening applications for the Local Restaurant Infrastructure Investment Program which provides awards to local restaurants seeking reimbursement for eligible equipment, infrastructure, and technology purchases up to an award cap of $15,000. The program is meant to reimburse restaurants for upgrades in technology or equipment to address staffing issues and covid mitigation measures. See FAQ sheet here. If you are a restaurant and did not apply before, you are eligible.
VT Updates
VEDA’s Short-Term Forgivable Loan Program (FLP): Priority Sector Deadline 11/1/22
This program provides financial assistance to businesses that continue to experience current and on-going economic harm due to the COVID-19 pandemic. Successful applicants can use loan proceeds to pay for eligible operating expenses, but not capital expenditures.
VEDA has extended FLP application deadline for priority sectors to Nov. 1, 2022. Priority sectors include:
- Travel & Tourism
- Restaurants and Eating Establishments
- Lodging
- Childcare
- Agriculture
- BIPOC owned businesses in all industry sectors
If your business is not in one of these priority sectors or is not BIPOC-owned, do not apply before November 1st. However, it is recommended that you prepare your application ahead of time.
You can see full details of the Forgivable Loan Program here. If you have questions or require assistance with this program do not hesitate to contact VEDA.
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