The Brattleboro Development and Credit Corp. and the Springfield Regional Development Corp. are collaborating on an application for a small business Community Development Block Grant for Disaster Recovery.
The intent of the grant would be to provide direct funding assistance to area businesses that are still feeling the impact of Tropical Storm Irene.
At the urging of state officials, the two southeastern Vermont Regional Development Corporations (RDC) are working with affected companies to understand their remaining unmet financial needs.
The RDC's are reaching out to any businesses in their regions to collect this information, which will be part of the application for funding. If the application is successful, there will be a formal application process for companies that wish to access any available sub-grants or loans.
The two RDC's are interested in hearing from any area business that has financial needs associated with the August 2011 storm.
If a company is in Windham County, contact Laura Sibilia at BDCC at 802-257-7731, ext. 217.
For businesses in Southern Windsor County, call SRDC at 802-885-3061.
A copy of the informational forms that businesses are being asked to complete can be found at www.springfielddevelopment.org/blog/wp-content/uploads/2012/09/CDBG-Business-Information-Form.doc
Springfield Regional Development Corp. serves the Southern Windsor County area of Vermont, including the towns of Springfield, Ludlow, Chester, Weathersfield, Windsor, West Windsor, Reading, Baltimore, Andover, and Cavendish. SRDC works with existing employers as well as redeveloping vacant commercial/industrial properties and helping businesses to create and expand in the region.
Brattleboro Development Credit Corp. is a private, nonprofit economic development organization that serves as a catalyst for industrial and commercial growth throughout southeastern Vermont. BDCC serves the towns of Athens, Brattleboro, Brookline, Dover, Dummerston, Grafton, Guilford, Halifax, Jamaica, Londonderry, Marlboro, Newfane, Putney, Readsboro, Rockingham, Searsburg, Somerset, Stratton, Townshend, Vernon, Wardsboro, Westminster, Weston, Whitingham, Wilmington, Windham and Winhall.