The Vermont Professionals of Color Network (VT PoC) is dedicated to supporting the success of professionals and businesses of color through networking, education, and advocacy. This inaugural relief fund was established to support BIPOC small businesses and community members following the 2023 VT Flood and will remain active as a integral part of our network.
Vermont has experienced historic flooding and continues to cause damage to BIPOC businesses and community members. The damages are catastrophic and include loss of equipment, homes, internet service, cars, and general grief.
Some of these businesses are Vermont staples, having been around for over 20+ years. Others are new to the community and have just begun their journey as small business owners. An emerging concern is the lack of unrestricted funds that do not require repayment. Existing resources, such as loans, are not realistic for many BIPOC businesses for reasons such high-interest rates, the ongoing debt crisis, and more. Here is what we know at the creation of this fund:
Beyond our organization, there are limited broader efforts to support the BIPOC community as a whole. This makes it crucial to create these opportunities for funding.
VT PoC is tapping the broader community to donate to the BIPOC Relief Fund. All proceeds will be directed to BIPOC community members and businesses in need. Your support can make a meaningful difference during these challenging times.
At this time, BIPOC small business owners and community members who have been impacted by the 2023 VT Flood will receive funds. We consider small business owners to be: