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Small Business

Photo courtesy Loudoun County Economic Development
Jun 25, 2020

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) A[...]

Photo courtesy Chesterfield Economic Development and The Chesterfield Chamber
Jun 22, 2020

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 Superv[...]

Jun 19, 2020

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 […]

Jun 17, 2020

$2.48M in state research grants awarded to tech firms, universities

Gov. Ralph Northam announced Wednesday that $2.48 million in grant funding from the Commonwealth Research Commercialization Fund (CRCF) will be dispersed among small technology businesses and universities to be used to commercialize research in sectors including clean energy, cybersecurity, data analytics, life sciences and unmanned systems. “These entrepreneurs and innovators are on the front lines […][...]

Uptown Martinsville. Photo courtesy Virginia 30 Day Fund, The Harvest Foundation
Jun 10, 2020

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[...]

Jun 1, 2020

Picking up the pieces

At 3:30 a.m. Sunday, May 30, Greg Milefsky stood in the middle of his store, Balance Bicycle Shop, on Richmond’s West Broad Street. The windows were broken, and the bikes — those for sale and ones left by customers for repair — were all gone. “People were coming in and stealing everything that was left,” […]

May 22, 2020

Will telework replace the office?

We’ve all gotten used to dog, kid and even outdoor bird interruptions of Zoom conferences, and some of us are not quite ready to start wearing pants with zippers and belt loops every day. Still others miss having doughnuts in the breakroom with work mates. Telework is the way many Virginians with office jobs work […]

Small business leaders and Facebook COO Sheryl Sandberg meet virtually to discuss the report. Photo courtesy Small Business Roundtable
May 18, 2020

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 s[...]

May 15, 2020

CDC reopening guidance for your business

The Centers for Disease Control and Prevention (CDC) on Thursday evening released six flow charts intended to help businesses, schools, restaurants and transit systems decide whether it is safe to reopen — and when. As parts of the state begin to reopen Friday under Gov. Ralph Northam’s Phase One plan, leaders can use these guidelines […]

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[...]

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