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Richmond’s Need Supply Co. closes permanently
Richmond-based clothing and home goods retailer Need Supply Co. has gone under due to the COVID-19 pandemic and will permanently cease operations, its attorney confirmed Tuesday. The store has not issued a public statement, including on its website or social media sites. “Need Supply Co. has made the difficult decision to wind down its business […]
UPDATED: Nearly 110K Virginia businesses received PPP funds
The U.S. Small Business Administration has released a list of major recipients of its $659 billion Paycheck Protection Program small business relief program, with exact loan amounts redacted. Of the nearly 110,000 small businesses that received funding in Virginia (including Virginia Business Media LLC), approximately 16,100 businesses in Virginia were named on the list of […]
Roanoke County launches small business relief grants
The Roanoke County Economic Development Department announced Monday it has launched a $1 million small business grant program to help businesses suffering from COVID-19 closures in the county and the town of Vinton. The program is being funded through the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and will help businesses to cover […]
Virginia sees increase in COVID-19 cases for second week
COVID-19 cases increased slightly last week in Virginia for the second week in a row, although the number of deaths during the same period was down a bit. The Virginia Department of Health reported 3,920 new cases for the week ending July 3, up from 3,724 the previous week. The seven-day positivity rate reported Monday […]
300+ Alexandria small businesses receive COVID-19 funding
More than 300 small businesses in Alexandria were funded by the Alexandria Back to Business (ALX B2B) grants program in the wake of the COVID-19 crisis, the Alexandria Economic Development Partnership (AEDP) announced Thursday. In May, Alexandria City Council committed $2.4 million from its federal CARES Act appropriations, and allocated an additional $2 million from […]
366K+ Virginians remain jobless
More than 366,000 Virginians are still unemployed following the economic fallout from the COVID-19 pandemic, and initial jobless claims rose by more than 6,000 last week. The Virginia Employment Commission (VEC) announced Thursday that 906,734 people have filed initial unemployment claims since March 15. Nearly 32,000 Virginians filed initial claims last week, an increase of […]
COVID-19 death toll underreported, study finds
A joint Virginia Commonwealth University and Yale University study published Wednesday in the Journal of the American Medical Association suggests that the COVID-19 death counts reported to the U.S. public underestimate the true death toll of the pandemic in the country. “There are several potential reasons for this under-count,” lead author Dr. Steven Woolf, director […]
Virginia 30 Day Fund makes 500th grant
The Virginia 30 Day Fund, a Charlottesville-based nonprofit, announced Wednesday it has disbursed 500 “lifelines” — or $3,000 forgivable loans — to small businesses in Virginia that have financially struggled during the COVID-19 pandemic. Seeded with $100,000 from tech entrepreneur Pete Snyder and his wife, Burson, the Virginia 30 Day Fund was born to fill […]
State directs $30M to health care providers struggling from pandemic
Amid the COVID-19 public health crisis, Gov. Ralph Northam on Tuesday approved an estimated $30 million in emergency support for primary care doctors, pediatricians and other health care providers who offer general health care services to Virginia Medicaid members, Virginia Department of Medical Assistance Services (DMAS) announced Tuesday. “By taking action to support these frontline […]
Virginia Employment Commission closes HQ due to COVID-19
The Virginia Employment Commission is temporarily closing its Richmond headquarters office after the fourth VEC employee in three months has tested positive for COVID-19, the VEC announced Tuesday. The closure affects 350 employees who work out of the Richmond office. VEC call centers and district offices have not been affected and will continue to process […]
Community colleges, businesses partner to get Virginians back to work
The Virginia Ready Initiative (VA Ready) announced Monday a program that will provide stipends for unemployed Virginians to attend community college programs in an effort to find new industry jobs and overcome coronavirus-related economic hardships. “We have people who need work and companies who need employees, so Virginia’s community colleges and employers are coming together [&helli[...]
Slight uptick in COVID-19 cases, deaths last week
Virginia saw a slight increase in COVID-19 cases last week, with the Virginia Department of Health reporting 3,724 new cases for the week ending June 29, up from 3,579 the previous week. The state reported 120 new deaths from the coronavirus during the same time period, bringing the state death toll for the pandemic to […]
