ReStart Vermont Technical Assistance
Frequently Asked Questions for Businesses
What is the current status of ReVTA funding?
The ReVTA program is funded with $1.2M to be paid as grants to TA providers in support of Vermont businesses impacted by COVID. ReVTA began accepting business applications September 21, 2020. As of October 1, 2020, the total number of approved statewide business applications has the potential to fully deplete the available funding for this program.
Should I still apply? YES!
1. It takes less than 10 minutes to submit your application.
2. The total funding is for statewide distribution with regional minimum goals, but your region may still have uncommitted funds available.
3. We are advocating for increased funding under the budget recently approved by the VT legislature in order to continue this program.
4. Each submission will be date and time stamped, so reserve your space in line for these, or future funding opportunities now - remember, it takes less than 10 minutes.
5. Unmet need (# businesses, types of need and dollars needed) that is identified now will help shape future programs should additional federal and state funding become available.
What should I expect if I apply today?
· All applications received after October 1, 2020 will be placed in a queue based on date and time of submission- those regions with remaining funds will get you right into the program.
· You will receive a confirmation email from your regional navigator confirming receipt of your intake form. Your status will remain as submitted, not-yet- approved. Should funding remain available for your region or become available at a later date, your navigator will contact you to begin developing your project.
How can a business participate in the program as a client and receive technical assistance?
To be eligible you must be a Vermont entity conducting activities in Vermont. You may be asked to demonstrate that you operate out of a Vermont property, pay employees who conduct work with Vermont, or have sales and customers in Vermont. Any business that would like to explore a technical assistance solution may register at this website. Once the business registration is complete and eligibility is confirmed, the Recovery Navigator for the region in which the business is located will contact the business. The Navigator will discuss the best path towards recovery for the business and develop a potential Scope of Work (SOW) with the business owner. Together, a technical assistance (TA) provider will be selected from the Technical Assistance Network registry and a final SOW will be signed and the work implemented.
What businesses are eligible?
Any for-profit or non-profit, Vermont entity conducting activities in Vermont that has been impacted by the COVID-19 pandemic and has a path to recovery that can be advanced with professional technical assistance, is eligible. You may be asked to demonstrate that you operate out of a Vermont property, pay employees who conduct work with Vermont, or have sales and customers in Vermont.
What is the timeline for this program?
The program is opening on September 18. All contracts must be complete as of December 4, 2020 to be eligible for payment. This means that applicants must outline the work needed, secure a TA provider, and execute that SOW by that date. After that time the funding for this program will no longer be available.
Can a business that is closed participate in the program?
Yes. The business must certify that it has a plan to reopen and that the technical assistance will help the business advance its reopening plan.
How much technical assistance can this program provide?
The average Scope of Work between a business and its TA provider is expected to cost approximately $3,000.
How does a business find a technical assistance provider?
Once a business has completed the registration process it will be contacted by a local Recovery Navigator who will help the business identify an appropriate service provider. Through this program a registry of TA providers will be compiled and hosted at this website. New providers will be added on an ongoing basis.
Can a client business select their own technical assistance provider?
Yes. If a client business has been working with a TA provider or knows of an appropriate provider that can deliver the TA required to advance the businesses recovery, that TA provider may be selected. However, the TA provider must become a registered vendor in the program through the form available on this website.
Is reporting by the client business required?
Yes. The client registration requires information about the business including name, address, contact, website, sales, profits/loss, employment, etc. Similar information, along with project results, will be requested after the project is completed.
Is client information public?
Only the company name, address, and value of the TA provided will be public. Other information collected will be used only in the aggregate to report program results to the Agency of Commerce and the Vermont Legislature.
Is the value of the technical assistance counted towards the “Duplication of Benefits” calculation?