What BDCC is Doing
Following Vermont’s Emergency Declaration by Governor Phil Scott, the BDCC Board of Trustees, SeVEDS Board of Directors and BDCC’s entire team has pivoted to respond to the effects of COVID-19 on our region’s economy.
Because we do not yet know the scope and duration of the economic obstacles that lie ahead, we have begun an initial phase of communication, connection, and triage. As of March 15th, we have been actively engaged in sharing what we do know to our tenants, the region’s businesses and our community and economic development partners and municipalities.
With disruption across every state and every town in our country, we know that our ability to provide the most assistance for our tenants, regional businesses, workers and economy will depend on two things: how well we connect with other regional community economic and community development focused organizations and how effectively we deploy our staff to begin connecting one-on-one with tenant and regional businesses who seek help. The current objective is to help and support our businesses as they assess their current financial situation. After this analysis is completed, business owners can begin to make informed decisions about the best resources to pursue to help keep them solvent until the economic conditions are better understood.
To the left are a number of tabs outlining current resources we have identified and actions you can take right now.
Stay in touch and check back frequently. We are going to evolve as this situation evolves and as state and federal responses evolve. It will be through these direct partnerships that we will have an accurate understanding of our region’s economic needs, and it will be through these partnerships that we find ourselves positioned to respond with additional program development and financial assistance programs in the days ahead.
Do not hesitate to contact us with questions and concerns as we all work to help our region navigate this.
From the Agency of Commerce and Community Development
Refer to ACCD’s COVID Pages as they are being constantly updated with resources on a variety of topics.
Regarding essential businesses, you can review the NAICS code reference sheet HERE. This document includes clear “yes” or “no” indicators next to each NAICS code determining whether a business may continue in-person business.
UPDATED – 4/1/20
To stay informed when new information becomes available, please sign-up for ACCD’s COVID-19 Economic and Community Response Newsletter.
If your business is facing an immediate public health threat due to coronovirus, contact the Department of Health at: healthvermont.gov/COVID-19.