Financial Resources
Financial Resources
Learn more about local, State, and Federal grants and resources available to businesses below.
EMBRACE Grant for Vermont Microbusiness
In response to COVID-19, the Vermont Community Action Partnership and the Micro Business Development Program came together to establish the EMBRACE direct grant program.
EMBRACE issues $5,000 grants to businesses with five or fewer employees.
Applications will be accepted until funds are exhausted or November 2022, whichever comes first – but we expect the funds will run out first!
Small Business Expansion and Re-opening Grant Program
The primary objective of this program is to assist low- and moderate-income business owners (under 80% average median income) with grants between $5,000-$15,000. In order to be eligible for this program, businesses must have 10 or fewer employees, and a physical storefront located in The City of Burlington. Preference will be given to BIPOC-owned and women-owned businesses
Application opening dates will be posted July 1st. Stay tuned for more information.
Vermont Community Foundation Nonprofit Grants
Generally, the Foundation's grant rounds are oriented towards place-based and community-level work. We have many grants that are specific to a topic and a region, which are made possible by our relationships with generous donor partners.
US Small Business Administration Recovery Hub
SBA is dedicated to the success of the nation’s small businesses and can help your small business weather the storm through every stage of the business lifecycle, whether you need help recovering from the pandemic or overcoming challenges of a different kind.
Creative Futures Grant Program
The aim of this program is to provide aid to creative sector organizations and businesses that continue to struggle financially due to the impact of the Covid-19 pandemic. The program will be open to creative economy businesses (including sole proprietors) and cultural nonprofits that have sustained substantial losses due to the pandemic.
Find VAC's Creative Futures Grant Program
Short Term Forgivable Loan Program
The VEDA Short Term Forgivable Loan Program will provide financial assistance to businesses that continue to experience current and on-going economic harm due to the COVID-19 pandemic.
Find VEDA's Short Term Forgivable Loan Program