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Va. Tech says ‘Cheers!’ to Fightin’ Hokies Lager
University announces beer production partnership with Richmond-based Hardywood Park Craft Brewery
Although Hokie fans couldn’t fill Lane Stadium this year decked in maroon and orange, there’s a new tailgating trophy they can look forward to obtaining this coming spring — a licensed Virginia Tech beer, Fightin’ Hokies Lager. Virginia Tech’s College of Agriculture and Life Sciences announced Tuesday it has partnered with Richmond-based Hardywood Park Craft
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Capital Region Small Business Development Center opens in Richmond area
Will assist business owners around region
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Now part of the state’s Small Business Development Center (SBDC) network, the Capital Region SBDC opened this month to assist Richmond-area small business owners, Virginia Community Capital announced Monday. Funded by the U.S. Small Business Administration with $192,000 in CARES Act money, plus matching grant funds from regional sources, the center will provide COVID-19 assistance,
Loudoun County allocates additional small business funding
COVID-19 Business Interruption Fund provides $5K grants
Published
The Loudoun County Board of Supervisors has allocated an additional $145,000 to fund 29 more businesses with $5,000 COVID-19 Business Interruption Fund grants, Loudoun Economic Development announced Wednesday. The additional allocation will allow the fund to cover all 660 certified eligible businesses that applied for the county’s fifth round of COVID-19 small business relief funding.
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Richmond extends deadline for small business, nonprofit relief program
Application deadline now Oct. 19
Published
The city of Richmond has extended the deadline for its Richmond Recovers Grant Program, giving small businesses and nonprofits until Oct. 19 to apply for grants ranging from $10,000 to $15,000, Richmond Mayor Levar Stoney’s office announced Tuesday. The city allocated $3 million of its federal CARES Act funding to the program, which has $1.68
Fairfax peanut butter maker will open manufacturing facility
OmMade Peanut Butter will include production, storefront
Published
OmMade Peanut Butter, an all-natural peanut butter brand created by a Fairfax County woman, will build a manufacturing operation in the county, investing $300,000 and creating five jobs, Gov. Ralph Northam announced Wednesday. Owner Radhika Murari, who sells her products online and at area Whole Foods grocery stores, plans to source 30,000 pounds of peanuts
Thicker than water
Family-run businesses focus on longevity, legacy and loyalty
Published
“It isn’t personal. It’s just business.” Those phrases are too often used in the commercial world, but they just don’t apply when talking about most family-run enterprises. The business of running these companies is deeply personal. The priorities of family businesses “go well beyond financial concerns,” says Barry DuVal, president and CEO of the Virginia
State to allocate $10M in block grants for COVID-19 recovery
Small business funds will be available in Peninsula, rural localities
Published
The state government is earmarking more than $10 million in federally funded Community Development Block Grants (CBDG) for COVID-19 recovery projects across the commonwealth, including some small business assistance funds, Gov. Ralph Northam announced Monday. “Our administration remains committed to investing in rural communities during this unprecedented health crisis and as we work to rebuild
Northam expands $70M Rebuild VA program
Small businesses that received federal CARES Act funding can now apply
Published
Gov. Ralph Northam announced Monday that the $70 million economic recovery program Rebuild VA is expanding its eligibility criteria to allow more small businesses to apply for economic relief grants. Under the Rebuild VA program, which launched in August, businesses that received federal CARES Act funding are now eligible to receive up to $10,000 in
Va. Small Business Financing Authority didn’t loan out $28M
State authority disbursed only 8%-10% of available funds for small businesses in 2018-19
Published
The Virginia Small Business Financing Authority (VSBFA) disbursed only 8% of its available funds in 2018 and just 10% in 2019 for loans, grants and bonds to help small businesses — holding on to $28 million, according to a study released Monday by the Joint Legislative Audit & Review Commission (JLARC). A division of the
Loudoun County allocates additional $4.3M to small business grants
Businesses can apply for $5K grants
Published
The Loudoun County Board of Supervisors has approved an additional $4.3 million in federal CARES Act funding to go to its COVID-19 Business Interruption Fund, which supports eligible small businesses impacted by the coronavirus with $5,000 grants. During the first three rounds of funding, Loudoun County disbursed $7.1 million to more than 1,000 businesses. “Even