Richmond launches 2nd grant program for small businesses
$2 million in $15,000 grants to be allocated
The city of Richmond announced a second small business grant program Friday that will provide applicants with grants of $15,000 for COVID-19 pandemic relief. Richmond Recovers II will be funded with $2 million from the city’s CARES Act appropriation.
Applications can be submitted online starting Monday, Dec. 7 and continuing through Dec. 16, according to the city. The first Richmond Recovers program approved 260 grants totaling $2.79 million, and Richmond has allocated more than $6.3 million to support businesses during the COVID-19 pandemic.
The grants can be used to reimburse the costs of employee wages and benefits, rent and utilities for commercial workspaces, personal protective equipment and cleaning supplies, e-commerce expenses and working capital.
According to the city, at least $1.25 million will go to restaurant and retail businesses, and businesses that did not receive assistance in the first Richmond Recovers program or other local, state and federal COVID-19 relief programs will be prioritized.
More information, including which businesses are eligible, is available here.