01jul8:00 am01sep5:00 pmRECOVERY GRANT OPPORTUNITIES AVAILABLE FOR HAMPTON ROADS SMALL BUSINESS COMMUNITIESRegion:All Virginia Regions,Hampton Roads - Eastern ShoreEvent Type:Business Development and Outreach Services
CHESAPEAKE Chesapeake Small Business COVID-19 Recovery Grant Our first round of our Small Business COVID-10 Recovery Grants was such a success, that
Chesapeake Small Business COVID-19 Recovery Grant
Our first round of our Small Business COVID-10 Recovery Grants was such a success, that we’re rolling out a second grant!
The City of Chesapeake has authorized additional funds for the Chesapeake Small Business Coronavirus (COVID-19) Recovery Grant for small, for-profit businesses who have been impacted by the pandemic.
The Chesapeake Economic Development Authority (EDA) will administer the Grant Program.
A business may submit their online application as early as Monday, August 3rd 2020. Grants will be awarded monthly following a comprehensive review of the completed applications received.
Similar to round one of funding, this Grant will remain open to Chesapeake Small Businesses; however, the dollar amount tier structure has changed.
Previously, the Grant award amounts were based on the number of employees. The new round of funding eliminates this association, and a business of any size (50 or under) is eligible to receive up to $10,000 based on eligible expenses. Under this change, those who applied for round one of funding may re-apply for round two of funding. The total award amount for round one and two cannot exceed $10,000. The Chesapeake Economic Development Department remains committed to helping the business community succeed. For questions, please contact the Economic Development Department directly at (757)-382-8040 or sign up for a 15-minute consultation with one of our Business Development Managers. Click HERE to claim your appointment time.
For additional information visit: http://chesapeakeva.biz/recovery-grant/
Back to Business Grant and Grow Your eBusiness (website) Grant
We are aware that your business and many others have been negatively impacted by the current COVID-19 pandemic, and therefore the Economic Development Authority of the City of Newport News, Virginia (EDA) is offering two new programs, Back to Business Grant and Grow Your eBusiness (website) Grant. Your business may be eligible for a grant from one or both of these programs.
Businesses that received the Newport News COVID-19 Small Business Resiliency Grant are ineligible for the Back to Business Grant. However, they may apply for the Grow Your eBusiness Grant.
Grant funding is limited and again will be awarded on a first-come, first-served basis. Awards will be based on the availability of funds, program guidelines and submission of a complete application along with appropriate supporting documentation. Applications for both new grant programs are being accepted beginning 9:00 a.m. on Monday, July 20. Please visit the Department of Development’s website at: https://www.nnva.gov/2595/COVID-19-Small-Business-Grant-Programs for more information on these programs and how to apply. We are here to support you during this challenging time and we look forward to the time when our Newport News businesses can resume profitable and safe operations.
NORFOLK ECONOMIC DEVELOPMENT AUTHORITY (EDA) To Administer Coronavirus Relief Fund (CORE)
City Council approves $2.0 Million in funding
NORFOLK, VA – The Norfolk City Council approved a Cooperation Agreement on July 14, 2020 to provide the Norfolk Economic Development Authority with $2.0 million in funding to administer and create a Coronavirus Relief Grant Fund. The funding was initially provided as part of the $21 Million awarded to the City from the CARES Act Coronavirus Relief Fund created by the U.S. Treasury. The EDA Board is expected to approve the agreement and overall program at their August 5, 2020 meeting.
“Small businesses are critical to Norfolk’s economy. Despite two rounds of federal funding for small business relief, many of our businesses have yet to receive any assistance. We are committed to helping these businesses which have served as neighborhood anchors, providing jobs and support to our communities,” said Mayor Kenneth C. Alexander. “We applaud EDA’s innovative and equitable approach to addressing the ongoing economic crisis and helping our small businesses recover from COVID-19 interruptions.”
The CORE Grant funds will be available to small for-profit businesses and nonprofits physically located in the City of Norfolk affected by COVID-19. Priority will be given to minority and women-owned businesses. Applicants will be required to demonstrate that they were operational pre-COVID-19, and that they are suffering negative impacts from COVID-19 closures. Funds are meant to reimburse businesses for the costs of business interruption caused by required closures due to COVID-19. Upon approval, applications will go live August 5th at www.NorfolkDevelopment.com.
“The creation of this new grant fund will allow the EDA to continue to support small businesses which are the backbone of Norfolk’s economy. The ongoing support and leadership of the Mayor and City Council will allow us to continue to provide some relief to our impacted businesses,” added Jared Chalk, Executive Director of the EDA.
The small business grants are structured in three tiers with funding amounts based on employee size. Awards of $5,000 for businesses with 0-5 employees, $15,000 for businesses with 6-24 employees, and $25,000 for businesses with 25 or more employees. Non-profits will be eligible for grants up to $15,000. There will be 4 rounds of funding (monthly) for August, September, October and November. Grants will be dispersed within 30 days of accepted applications.
This is the fourth grant program administered by the Department of Economic Development and the EDA since 2019. More than $620,000 in grants have been dispersed to 47 eligible small businesses throughout the city. The Department has connected with more than 1,000 businesses since COVID-19 Phase 1 to assist with COVID-19 programming needs.
WILLIAMSBURG – CDBG BUSINESS GRANT
The City of Williamsburg has teamed up with York County and Poquoson to offer local businesses a new $5,000 grant
In an effort to assist businesses during the pandemic, the City of Williamsburg, in partnership with York County and the City of Poquoson, applied for and received funding from the Virginia Department of Housing and Community Development (DHCD) under the Community Development Block Grant (CDBG) program.
This funding allows the three partner localities to provide grants to help businesses defray the costs of State-mandates requirements in the reopening process, in order to help small businesses impacted by Governor Northam’s Executive Order 53 related to COVID-19.
For more information and to apply, visit: https://www.yeswilliamsburg.com/business-resources/coronavirus-covid-19/covid-19-grants/cdbg-small-business-grant
YORK COUNTY SMALL BUSINESSES
The COVID-19 Small Business Grant offers up to $5,000 in recovery funding for eligible local businesses.
Expenses the grant will cover include:
- Purchase of protective supplies, tools, equipment, or inventory
- Cleaning services or supplies
- Property improvements or renovations of a commercial location to accommodate social distancing and/or outdoor dining, recreation, services, etc.
- Software/hardware expenses to accommodate delivery, online payments, online reservations, etc.
- Signage, advertising, marketing expenses, etc. to promote that your business is open and/or operating under modified conditions
- Payments for rent or mortgages during times of required business closure and/or modification
The grant will only reimburse actual expenditures that your small business incurred following the State reopening requirements.
We hope that this grant will support your recovery and safe operations. For more information and to apply visit: https://www.yesyorkcounty.com/330/COVID-19-Small-Business-Grant
PORTSMOUTH – SMALL BUSINESS RECOVERY GRANTS
The Portsmouth Economic Development Authority (EDA) and City Council recognize that this has been a financially stressful time. Working together, Council has appropriated $1 million of CARES Funding to the EDA in order to provide Small Business Recovery Grants to Portsmouth organizations to help alleviate some of the hard, fixed costs through this difficult time. We recognize this does not relieve all of the strain, however the program aims to assist as many Portsmouth small businesses through this uncertain time as possible.
Details about the program are below and can be found on our website at https://www.accessportsmouthva.com/covid-business-recovery-grant. The first round of applications are due via email (to firstname.lastname@example.org) by end of business Aug. 31, 2020.
Please help us spread the word of these grants by sharing with your fellow small business owners, and be sure to apply if you are eligible. Submit any questions you may have to the grant specific email at email@example.com.
July 1 (Wednesday) 8:00 am - September 1 (Tuesday) 5:00 pm Eastern