Richmond EDA to offer no-interest loans to small businesses hurt by crisis
The Richmond Economic Development Authority announced Thursday it will begin offering no-interest loans up to $20,000 to small businesses harmed by the COVID-19 crisis. The Richmond EDA has made $1 million available for the relief fund, according to the city’s economic development director, Leonard Sledge. Businesses based within the city limits with fewer than 25 […]
Dining downturn
During the first week of Virginia’s coronavirus crisis, a timer went off every 30 minutes at Perch, the high-end Pacific Rim seafood restaurant in Richmond. It was time to wipe down all surfaces again. “We can control the inside, but we can’t control the outside,” says Mike Ledesma, executive chef and owner. Th[...]
A multifaceted strategy
Catching the big one matters, but a lot of little successes can mean a lot, too. In Southwest Virginia, small triumphs have accumulated over the past year, in addition to larger announcements. Last April, Polycap LLC, a Toronto-based manufacturer of specialty caps and closures, announced it would invest $7.7 million in Lebanon[...]
Virginia ranks No. 2 in business friendliness survey
Commonwealth ranks behind Arkansas in poll of small business owners.
New brewery opening in Northern Neck
The facility will be located in a former hardware store.
Midlothian retail parcel sells for $2.1 million
EMC North Park Center LLC buys the 1.3-acre site.
S.L. Nusbaum Realty Co. announces an affordable apartment project for Fredericksburg
The $25 million, 128-unit project will be located across from a Wegmans grocery store.
Virginia Business names five ‘CFO Awards’ winners
There were 26 finalists in five categories at the event in Richmond.