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Chesapeake Economic Development offers extra $1M for small businesses
Through the Chesapeake Economic Development department’s latest $1 million round of COVID-19 grants, small businesses can receive up to $10,000 for reimbursable business expenses related to the pandemic, such as rent, payroll and operating costs. This marks the department’s third round of Small Business COVID-19 Recovery Grant program funding. So far, the department has disbursed [&hel[...]
Roanoke, local credit union launch small business relief fund
The city of Roanoke and Roanoke-based credit union Freedom First announced Tuesday a partnership that will disburse small business relief grants of up to $25,000 to those affected by the coronavirus. The $416,250 program will use Community Development Block Grant-Coronavirus (CDBG-CV) federal funding. The program is intended for businesses that are at risk of closing […]
Richmond extends deadline for second small business grant fund
The city of Richmond announced Monday it has extended the deadline for its Richmond Recovers II Grant Program through Dec. 18. The program will provide applicants with grants of $15,000 for COVID-19 pandemic relief and will be funded with $2 million from the city’s CARES Act appropriation. Small businesses other than restaurants, retail and beverage […]
State’s Rebuild VA program allocated $100M to Va. small businesses
The state has awarded $100 million in grants to 2,500 Virginia businesses and nonprofits through its Rebuild VA economic recovery fund, Gov. Ralph Northam announced Wednesday. All available funds have now been fully committed, the governor said in a news release. Approximately $50 million went to women, minority and veteran-owned businesses, and 997 small businesses […]
Amherst County disburses $450K to 48 local small businesses
Amherst County announced Tuesday it has disbursed $450,000 in CARES Act funding to 48 area businesses that were affected by the pandemic. The local Economic Development Authority and the Amherst County Finance Department partnered to manage the grant program. “As a small business trying to navigate through the ups and downs of this pandemic, we […]
Richmond launches 2nd grant program for small businesses
The city of Richmond announced a second small business grant program Friday that will provide applicants with grants of $15,000 for COVID-19 pandemic relief. Richmond Recovers II will be funded with $2 million from the city’s CARES Act appropriation. Applications can be submitted online starting Monday, Dec. 7 and continuing through Dec. 16, according to […]
More than $1.9M in grants going to Va.’s tourism industry
While COVID-19 continues to slam the tourism and hospitality industries, Gov. Ralph Northam announced Monday that more than $1.9 million in matching grants will be disbursed among 161 local tourism initiatives as part of Virginia Tourism Corp.’s Recovery Marketing Leverage Program (RMLP). Although Virginia’s tourism industry had another record year in 2019, posting $27 billion [&hellip[...]
Loudoun County allocates additional small business funding
The Loudoun County Board of Supervisors has allocated an additional $145,000 to fund 29 more businesses with $5,000 COVID-19 Business Interruption Fund grants, Loudoun Economic Development announced Wednesday. The additional allocation will allow the fund to cover all 660 certified eligible businesses that applied for the county’s fifth round of COVID-19 small business relief funding. [&hell[...]
Va. makes $12M extra CARES funding available for rent, mortgage relief
An additional $12 million in federal CARES Act funding will be directed to Virginia’s Rent and Mortgage Relief Program (RMRP) due to high demand for financial assistance with mortgages and rent payments. First launched in June with $50 million in federal CARES Act funding, the program provides financial assistance through a one-time payment with the […]
Richmond extends deadline for small business, nonprofit relief program
The city of Richmond has extended the deadline for its Richmond Recovers Grant Program, giving small businesses and nonprofits until Oct. 19 to apply for grants ranging from $10,000 to $15,000, Richmond Mayor Levar Stoney’s office announced Tuesday. The city allocated $3 million of its federal CARES Act funding to the program, which has $1.68 […]
State to allocate $10M in block grants for COVID-19 recovery
The state government is earmarking more than $10 million in federally funded Community Development Block Grants (CBDG) for COVID-19 recovery projects across the commonwealth, including some small business assistance funds, Gov. Ralph Northam announced Monday. “Our administration remains committed to investing in rural communities during this unprecedented health crisis and as we work to rebuild [...]
Northam expands $70M Rebuild VA program
Gov. Ralph Northam announced Monday that the $70 million economic recovery program Rebuild VA is expanding its eligibility criteria to allow more small businesses to apply for economic relief grants. Under the Rebuild VA program, which launched in August, businesses that received federal CARES Act funding are now eligible to receive up to $10,000 in […]
