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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 […]
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 […]
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 […]
United Way of Greater Charlottesville teams up with Va. 30 Day Fund
The United Way of Greater Charlottesville announced Monday it has partnered with the Virginia 30 Day Fund with a goal to disburse $100,000 in funding to local early education centers, family day homes and minority-owned businesses facing financial challenges due to COVID-19. The United Way has made an initial $24,000 seed grant to the Virginia […]
‘Our chance to restart and reinvent’
As part of its COVID-19 economic recovery initiative Project Rebound, the Charlottesville Regional Chamber of Commerce on Thursday released a blueprint outlining recovery action steps for the business community. Produced by Big Four accounting firm KPMG LLP, the “Blueprint for Economic Resiliency and Reinvention in the Greater Charlottesville Region” maps out recovery action steps based [&he[...]
Loudoun County funds 400 additional small businesses
Loudoun County Economic Development on Tuesday randomly selected 400 local small businesses to each receive $5,000 COVID-19 Business Interruption Fund grants, totaling $2 million. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus Aid, Relief and Economic Security (CARES) Act. “Nearly 1,100 Loudoun businesses have a better […]
More small business relief funding on the way in Chesterfield
Chesterfield Economic Development and The Chesterfield Chamber announced Monday that the second round of a small business relief funding program will open on June 29. The $5 million Back in Business funding program provides grants up to $10,000 to businesses struggling during the pandemic. The Chesterfield County Board of Supervisors announced in May that it […]
Loudoun County to fund 400 additional small businesses
On Tuesday, June 23, the Loudoun County Board of Supervisors will hold a random drawing for the third round of grants from its COVID-19 Business Interruption Fund, which supports small businesses affected by the pandemic. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus Aid, Relief and […]
The Harvest Foundation invests $1M in Virginia 30 Day Fund
The Harvest Foundation in Martinsville announced Wednesday it has invested $1 million in the Virginia 30 Day Fund to launch a new relief initiative to aid small businesses in Martinsville and Henry County. The Virginia 30 Day Fund’s Pay it Forward MHC Small Business Relief Fund will provide forgivable loans of up to $3,000 to […]
One-third of small businesses not operating during pandemic
Nearly one-third of small and medium-sized businesses aren’t operating because of the COVID-19 pandemic, according to results released Monday from a national survey conducted by Facebook Inc. and the Small Business Roundtable (SBR). Approximately 86,000 people who own, manage or work for a small or medium-sized business were surveyed. “Small businesses are the heartbeat of […]
Fairfax County approves $25M small business relief fund
The Fairfax County Board of Supervisors during its Tuesday meeting approved the establishment of a $25 million small business and nonprofit relief grant program for local businesses impacted by the COVID-19 pandemic. “I am very excited about this program — the first of its kind in Fairfax County,” Board Chairman Jeffrey McKay said. “Our hope […]
Fairfax County board ponders $30M COVID-19 relief program
The Fairfax County Board of Supervisors on Tuesday will consider launching a small business and nonprofit relief grant program that could disperse up to $30 million to local businesses impacted by the COVID-19 pandemic. The proposed guidelines would allocate $10,000 to businesses with one to 10 employees, $15,000 to businesses with 11 to 25 employees […]
