Suffolk EDA awards $15K grant to local cafe
State grant program encourages development in downtown districts.
The Suffolk Economic Development Authority has awarded a $15,000 state grant to Wall Street Cafe, which plans to open a new venture in the city.
The two-story Wall Street Cafe building on Suffolk’s Washington Street will house a coffee shop on the first floor and a real estate and finance professional office on the second floor. The project is scheduled to open early 2020.
The grant was awarded under the Virginia Department of Housing and Community Development’s Community Business Launch program.
The program authorizes Virginia communities to award state grant funds to qualified new or existing small businesses operating in a downtown district.
Wall Street Cafe joins previously awarded Suffolk grant recipients SPARC Shoppe and Nansemond Brewing Station.