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Richmond mayor proposes $500K for businesses affected by protests
Richmond Mayor Levar M. Stoney is proposing that City Council adopt a $500,000 Business Recovery Grant Program to compensate for damages to businesses from recent protests. Through the program, eligible businesses can be awarded a one-time grant of up to $10,000 to cover costs from damage that happened as the result of recent demonstrations within […]
Playing it safe
The Virginia Tourism Corp.’s DMO WanderLove Recovery Grant Program will award $866,000 in grants to 90 destination marketing organizations that were heavily impacted by the pandemic, Gov. Ralph Northam announced Wednesday. Each recipient will receive a maximum grant of $10,000, which can be used for efforts including participating in VTC co-ops, local advertising and out-of-state […[...]
State offering relief grants to destination marketing organizations
A new state relief program, the WanderLOVE Recovery Grant Program, will provide up to 50 grants of up to $10,000 apiece to destination marketing organizations (DMOs) across the commonwealth that have been heavily impacted by the coronavirus pandemic, Gov. Ralph Northam announced Thursday. The program, which is being administered by the Virginia Tourism Corp., began […]
$2.48M in state research grants awarded to tech firms, universities
Gov. Ralph Northam announced Wednesday that $2.48 million in grant funding from the Commonwealth Research Commercialization Fund (CRCF) will be dispersed among small technology businesses and universities to be used to commercialize research in sectors including clean energy, cybersecurity, data analytics, life sciences and unmanned systems. “These entrepreneurs and innovators are on the front l[...]
State awards nearly $12M in affordable housing funds
The state will allocate nearly $12 million to affordable housing and homelessness reduction programs throughout the state, Gov. Ralph Northam announced Thursday. The funding includes $10.7 million in Affordable and Special Needs Housing (ASNH) loans for 12 projects, which will create or preserve 607 affordable housing units for low-income Virginians, and $1.2 million in grants […]
Suffolk EDA awards $15K grant to local cafe
The Suffolk Economic Development Authority has awarded a $15,000 state grant to Wall Street Cafe, which plans to open a new venture in the city. The two-story Wall Street Cafe building on Suffolk’s Washington Street will house a coffee shop on the first floor and a real estate and finance professional office on the second […]
