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Small Business

May 14, 2020

What does ‘reopening’ actually mean?

Updated May 14, 6:15 p.m.  With most of Virginia preparing to enter the first phase of Gov. Ralph Northam’s “Forward Virginia” plan on Friday, there’s still a fair number of questions about what exactly Phase One of “reopening the state”  means for business owners, employees and consumers. Here’s what you should know: Reopening in Phase […]

May 11, 2020

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 […]

Photo courtesy Loudoun County Department of Economic Development.
May 11, 2020

Loudoun County disperses $1.4M to 201 small businesses

The Loudoun County Department of Economic Development announced Friday it had dispersed approximately $1.4 million from the COVID-19 Business Interruption Fund to 201 small local businesses. The Loudoun County Board of Supervisors and the Loudoun County Economic Development Authority (EDA) established the fund. The board of supe[...]

May 7, 2020

Reopening: Too early, or not soon enough?

UPDATED MAY 8 Gov. Ralph Northam is likely to loosen restrictions next Friday on “nonessential” businesses, allowing gyms, spas, theaters, dine-in restaurants and other enterprises to reopen after more than seven weeks, but feelings are mixed about the wisdom of this decision, given that Virginia saw a 36% increase in confir[...]

May 1, 2020

Task force mulls safety, economic concerns in reopening businesses

As the governor’s executive order shutting down all “nonessential” businesses is set to expire next Friday, a diverse group of two dozen Virginia business representatives is hard at work compiling ideas for how to reopen safely. The group — which includes officials from major employers Walmart and Amazon.com Inc., mu[...]

May 1, 2020

SW Va. businesses, officials urge Northam to reopen region

Southwest Virginia elected officials and business owners are ready to reopen for business, noting that the number of COVID-19 cases in their region is considerably lower than those found in the more populated regions of the state such as Northern Virginia and Central Virginia. “The [economic] effects of the COVID-19 pandem[...]

Apr 24, 2020

More small-business relief funds on the way

President Donald Trump on Friday signed a bill that allocates an additional $320 billion to the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) — and Virginia banks are poised to resume making loans and taking applications Monday. The SBA approved 1.7 million loans before the initial $349 billion small-business relief fund ran out after […]

Apr 23, 2020

The last shift

For many restaurant workers, their final shifts fell on Saturday, March 14. “We had kind of a weird weekend, and at Saturday night, it was so dead in there, we said, ‘Should we shut down?’” recalls Brandon Peck, bartender at The Jasper, a popular Richmond craft cocktail bar. “The governor had, that day, made a [&he[...]

Apr 22, 2020

Loudoun County announces $1M small-business relief fund

UPDATED FRIDAY, APRIL 24: The Loudoun County Board of Supervisors allocated an additional $250,000 to its existing $1 million COVID-19 Business Interruption Fund on Thursday, aimed at helping small businesses in the county that have been harmed by the COVID-19 crisis. The board allocated an extra $105,000 for businesses with 3-50 employees, $110,000 for businesses […]

Jake Crocker closed his two Richmond restaurants indefinitely. Photo by Caroline Martin
Apr 20, 2020

Report: 78% of Va. restaurant workers have been laid off since March

More than 237,000 restaurant employees in Virginia have been laid off or furloughed since March — 78% of all workers who were employed in February, according to the National Restaurant Association, and the Virginia restaurant and food services industry stands to lose $1.3 billion in revenues for April. More than 8 million rest[...]

Apr 8, 2020

Walk this way

Virginia Business virtually sat down with Joshua Weinstein, founder of Norfolk Tour Co., which provides public and private tour services in downtown Norfolk and surrounding areas. This is part of an ongoing series of conversations with Virginians about how their work lives and businesses have changed during the pandemic. Virg[...]

Apr 7, 2020

Keeping clean

Virginia Business virtually sat down with Charlene Johnson, owner of Tysons Cleaning LLC, which provides commercial and residential cleaning services in Northern Virginia. This is part of an ongoing series of conversations with Virginians about how their work lives and businesses have changed during the pandemic. Virginia Busine[...]

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