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Small Business

Apr 2, 2020

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 […]

Jake Crocker closed his two Richmond restaurants indefinitely. Photo by Caroline Martin
Mar 29, 2020

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[...]

Small business growth adds up to make a "pretty big impact" on the region, says Jonathan Belcher, executive director of the Virginia Coalfield Economic Development Authority.
Mar 1, 2020

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[...]

Aug 12, 2019

Virginia ranks No. 2 in business friendliness survey

Commonwealth ranks behind Arkansas in poll of small business owners.

May 22, 2019

Startup nonprofit gets $100K grant

Money will fund new leadership program.

Feb 27, 2019

New brewery opening in Northern Neck

The facility will be located in a former hardware store.

Oct 1, 2018

Midlothian retail parcel sells for $2.1 million

EMC North Park Center LLC buys the 1.3-acre site.

Feb 3, 2016

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.

Jun 19, 2014

Virginia Business names five ‘CFO Awards’ winners

There were 26 finalists in five categories at the event in Richmond.

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