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Va. General Assembly to convene special session on Aug. 2
Legislators to allocate $4.3B in federal stimulus funding
The Virginia General Assembly will convene in Richmond on Aug. 2 for a special session to allocate more than $4.3 billion in federal relief funding, Gov. Ralph Northam announced Wednesday
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Va. restaurant, hospitality industry seeks $270M+ in relief funding
State association requests share of state's $3.76B American Rescue Plan funding
Published
Hard hit by the pandemic, Virginia’s restaurant and hospitality industry is asking the General Assembly to dedicate more than $270 million from the state’s share of federal American Rescue Plan
PPP loans deadline extended to May 31
Move takes pressure off banks, businesses and backlogged SBA
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Businesses and banks received a two-month extension to apply for Paycheck Protection Program loans this week, as President Joe Biden signed legislation delaying the deadline for the latest round of
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‘Love Local’ launches to help National Landing businesses
$1,000 grants will aid restaurants, small businesses in Arlington community
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National Landing Business Improvement District and the Restaurant Association Metropolitan Washington have launched a $100,000 joint relief initiative, Love Local, which will assist struggling restaurants and small businesses in Arlington’s
Virginia Rent Relief Program receiving extra $524M
State program aims to help tenants and landlords through pandemic crisis
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Landlords and tenants have additional rental assistance on the way. On Tuesday, Gov. Ralph Northam announced that $524 million in federal funding will go toward the Virginia Rent Relief Program
Chesapeake Economic Development offers extra $1M for small businesses
Businesses can apply for up to $10K for reimbursement
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Through the Chesapeake Economic Development department’s latest $1 million round of COVID-19 grants, small businesses can receive up to $10,000 for reimbursable business expenses related to the pandemic, such as
Wells Fargo makes $1.5M donation for small business loans
Richmond-area minority- and woman-owned businesses can apply for up to $250K each in loans
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Wells Fargo & Co., Virginia’s third-largest bank by 2019 deposits, announced Thursday it has donated $1.5 million to Richmond-based nonprofit Virginia Community Capital (VCC) to help local minority and/or woman-owned
Freedom Bank, NVTC to seed $50K revolving loan fund for minority entrepreneurs
Bank, tech council to provide gap financing for NoVa businesses
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The Northern Virginia Technology Council (NVTC) and Fairfax-based Freedom Bank of Virginia announced Tuesday a $50,000 revolving loan fund for Northern Virginia entrepreneurs of color who have been affected by
Northam commits additional $20M to economic recovery fund
Extra funding will aid 300+ small businesses and nonprofits
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Gov. Ralph Northam has allocated an additional $20 million in federal CARES Act funding to assist more than 300 small businesses and nonprofits through the Rebuild VA economic recovery fund.
Roanoke, local credit union launch small business relief fund
Grants are available up to $25K
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The city of Roanoke and Roanoke-based credit union Freedom First announced Tuesday a partnership that will disburse small business relief grants of up to $25,000 to those affected by the