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Truist invests $7M in Virginia Community Capital
Virginia Community Capital received a $7 million investment from Truist Financial Corp. to support the organization’s Economic Equity Fund, a loan fund to expand access to capital and technical assistance for women- and minority-owned small businesses. VCC‘s equity fund was launched in 2021 in response to the disproportionate impact of the pandemic on women- and […]
Sharing the wealth
Virginia small businesses are getting a piece of the biggest highway construction pie ever baked by the Virginia Department of Transportation: the $3.9 billion Hampton Roads Bridge-Tunnel expansion project. Since April 2019, VDOT has awarded 313 contracts worth a collective $455 million to companies that qualify under the Disadvantaged Business Enterprise (DBE) and Small, Women-owned, […]
