- Manage notification subscriptions, save form progress and more. The fund, developed by the Department of Housing and Community Development, expands access to capital and technical assistance for small businesses adversely or disproportionately affected by the COVID-19 pandemic, according to a news release. This means the federal government cannot open the waters off Virginias shores to oil and gas drilling. IIE is a one-stop-shop for the community, students, faculty/staff, and alumni seeking resources and services for innovation, entrepreneurship, and new enterprises and programs. WebHampton Grant Fund Purpose. COVID-19 Small Business Assistance Program Grants, loans, and incentives assist eligible recipients in developing economic development plans and studies designed to build capacity and guide the economic prosperity and resiliency with the City of Hampton. 2023 Portsmouth Economic Development. Grants To connect people who care with WebSmall Business of the Year Hampton Roads is home to an abundance of top notch small businesses, young entrepreneurs, flourishing startups and small business leaders working Del. As our secretary of commerce said we were in a strong position before COVID-19, and we will come out of this together, Northam said. The state fund is providing $555,000 to Foodshed Capital to expand microlending and small business lending to Virginia farms and food businesses, particularly with the goal of ensuring long-term food security for local food systems in the wake of COVID-19. The state fund is providing $555,000 to Foodshed Capital to expand microlending and small business lending to Virginia farms and food businesses, particularly with the goal of ensuring long-term food security for local food systems in the wake of COVID-19. This funding will help meet the needs of and provide services to underserved businesses so they can thrive in their communities. organization in the United States. 22902, Women-Owned Small Business Federal Contract program, 7(j) Management and Technical Assistance program, Natural Resource Sales Assistance program, Procurement Center Representative directory, Small Business Development Centers (SBDC), Veterans Business Outreach Center (VBOC) program, Premier Vegetation Supplier Brings Hope With the Help of SBA PPP, Charlottesville Entrepreneurs and Espresso (ce-2). Priority is given to projects that: NOTE: The guideline is to recommend one-year grants. Capacity will be improved through the contract of business coaches to provide critical assistance to 60 small businesses. Enterprise Development Group (EDG) will provide technical pre- and post-loan assistance focused on helping underserved communities, immigrant communities, and entrepreneurs of color who were disproportionately impacted by economic impacts of the COVID-19 pandemic. The grant component is designed to stimulate capital investment and job creation paying quality wage rates; stimulate the redevelopment of under-utilized and deteriorated commercial and industrial properties in Hampton; activities that are linked to the expansion, retention and attraction of businesses in Hampton. 1. We help consumers find recommended Hampton businesses, services, and brands you can trust. Start or Grow a Business | Hampton, VA - Official Website CBP will increase its capacity to support its target markets, including small, women-, immigrant- and minority-owned businesses, specifically at-home business operators, through business counseling and curriculum in various languages spoken in the Northern Virginia service area. $100,000 3. Companies that import raw materials and then export much of the finished product can greatly benefit from the FTZ designation. Below you will find a Rent or mortgage payments on business property. Start or Grow a Business Two State incentives are available to existing and new businesses to aid the expansion and relocation of facilities. Available Real Estate; Hampton Business Parks; Publicly owned properties; Making sure it is properly zoned for your business. Share lessons learned. Small Business WebSmall Business and Startups. Nature-based infrastructure such as tidal wetlands is our first line of defense against rising waters and recurrent flooding in Coastal Virginia, Northam said. Serving 92 counties in Virginia, excluding Arlington, Fairfax, and Loudoun counties and the cities of Alexandria, Fairfax, and Falls Church. Small Business The program is designed to stimulate economic growth and neighborhood revitalization by encouraging businesses to expand, relocate, or start new operations within Hamptons designated Enterprise Zone boundaries. Bloom is in downtown Portsmouth and was founded by the Portsmouth Partnership. Building Capacity for CDFIs to Support Underserved Businesses in Appalachian Virginia WebArlingtons Small Business GRANT 2.0 Program Provides $2 Million In Funding Grants for Minority and Women-Owned Businesses General Business Loans and Grants (not specific to any one group) Chesterfield County Microenterprise Relief Fund For more information, please call 757-644-2593. In its 15th year of business, Athena Construction Group, a contracting and construction company, employs 55 people, has four offices, three company vehicles, and operates in two-time zones. Hampton Roads Small Business Services & Events | HR Chamber WebThe Virginia SBDC IBD Program will receive a $50,000 cash prize to build strategic partnerships that will support the launch, growth, and scale of STEM/R&D-focused small businesses. 1435 Crossways Blvd, Suite 303, 1. Some Republicans, Efforts to deceive are a top concern among state, Dillards done: MacArthur Center store to close for, House Republicans push through defense bill limiting, Family seeks hospital willing to do 2nd double lung, Shooting at Hampton 7-Eleven leaves 1 man dead and, 8 yrs for man convicted of killing mom, daughter, BestReviews.com - Top gifts to make everyone happy this summer, Home Depots 12-foot skeleton is back, so Halloween, Prime Day is over but 100+ of our favorites are still, Amazon Essentials clothes are practically free on, 90+ Prime Day toy deals you dont want to miss on, Best Prime Day deals for under $100 (Day 2), Navy orders implementation of Brandon Act, Case closed: JCC PD finds no criminal intent in daycare, Judges recuse themselves in case against ex PPD officer, Do Not Sell or Share My Personal Information. Monday through Friday, from 8:00 a.m. to 4:30 p.m. Closed on all federal holidays. WebCOVID-19 Small Business Assistance Program. WebSmall Business and Startups. Community Business Partnership (CBP) will expand its target market into greater Northern Virginia and diversify its financial products and offerings through a revolving loan fund. Chesapeake, VA 23320 Please switch auto forms mode to off. WebSEVACF offers Hampton Roads non-profit grants and works with fund holders to support promising projects that enhance the quality of life for all. This FAQ addresses general questions associated with award and management of the Hampton COVID-19 Small Business Assistance program. Southeast Rural Community Assistance Projects Virginia Small Business Resiliency Fund If an organization is funded for three (3) consecutive years, we kindly ask that you wait a year before applying to another grant cycle. Virginia Small Business Resiliency Fund launches with grants for These funds are established and advised by individual donors, and the distributions are determined by the donor for specific philanthropic purposes. Call: 988 (Press 1), U.S. Department of Veterans Affairs | 810 Vermont Avenue, NW Washington DC 20420. Please visit our contact us page to email one of our staff members. The program focuses on nurturing the founding teams through individual and group coaching and mentorship, capital raising, and growth strategy. WebThe Hampton Roads Veterans Business Outreach Center (HRVBOC) is designed to provide entrepreneurial development services such as business training, counseling and mentoring, and referrals for eligible veterans owning or considering starting a small business. WebFinding the right business location. Copyright 2023 Nexstar Media Inc. All rights reserved. Sample Agenda Item with IN-KIND MATCH (PDF), 7. Rebuild! Press the alt key and then the down arrow. The funding will assist organizations to create programs and products that will expand access to capital and provide technical assistance for COVID-19 impacted small businesses. These grants will provide needed support to our businesses to face the challenges of the pandemic. WebThe VBthrive Business Relief Grant Program is a collaboration of LISC Hampton Roads and United Way of South Hampton Roads. Once this strategy is implemented, the partnering CDFIs will help 40 minority- and immigrant-owned businesses create or retain 55 jobs. Create a Website Account - Manage notification subscriptions, save form progress and more. For more information, please call 804-371-8254. WebThe Hampton Roads Veterans Business Outreach Center (HRVBOC) is designed to provide entrepreneurial development services such as business training, counseling and mentoring, and referrals for eligible veterans owning or considering starting a small business. The program is to provide financial assistance to for-profit small businesses that are located in the City of Hampton and have been impacted by the governors executive order to close or significantly limit operations as outlined in Executive Order 53. The City of Hampton is in close proximity to Foreign Trade Zone (FTZ) #20 and is the general purpose zone for the region. Create a Website Account - Manage notification subscriptions, save form progress and more. Sample Agenda Item with NO CASH OR IN-KIND MATCH (PDF), Grant Processing Step-By-Step Guide (PDF). For more information, call 757-393-0393. Limiting competition to these firms ensures that small businesses do not have to compete with large businesses for the same contracts or procurement opportunities. We can also connect you to our partner organizations, lenders, and other community groups that help small businesses succeed. This grant program is sponsored by the City of Virginia Beach to aid businesses in recovery from the ongoing economic impact of Thank you for your interest in the COVID-19 Small Business Assistance Program. WebThe Hampton Roads Veterans Business Outreach Center (HRVBOC) is designed to provide entrepreneurial development services such as business training, counseling and We can also connect you to our partner organizations, lenders, and other community groups that help small businesses succeed. Grants Enterprise Development Groups Small Business Resiliency Fund WebA A The American Rescue Plan Act Grant The City of Hampton Council allocated funds from the American Rescue Plan Act to the Office of Youth and Young Adult Opportunities to issue additional community grants through 2025. Peoples Advantage Federal Credit Union (PAFCU) | Counties of Amelia, Charles City, Chesterfield, Cumberland, Dinwiddie, Goochland, Hanover, Henrico, King and Queen, King William, Louisa, New Kent, Powhatan, Prince George, and Sussex, the cities of Colonial Heights, Petersburg, and Richmond, and the town of Ashland Proudly, in the 2022 Spring and Fall cycle, we awarded $226,585 to 38 organizations. Areas we serve Attention A T users. Access to Capital LISC Hampton Roads' Small Business Loan Program Expand 757 provides 0% interest, $0 fee loan financing and coaching services to small businesses in the Hampton Roads region. Areas we serve demonstrate a minimum 25% decline in sales revenue since February 2020. have a minimum 6 month business operating history. The state is also providing $589,180 to the Southeast Rural Community Assistance Project Inc., serving numerous rural counties including Gloucester, Franklin, Isle of Wight, Mathews and Surry. The program may provide a forgivable loan up to $10,000 per eligible small independent businesses impacted by COVID-19. Zoning; Codes; Identifying financing resources. For more information, contact the local SBA office at (804) 771-2400. Virginia Community Capital (VCC) | Commonwealth of Virginia VBthrive Business Relief Grant | LISC Hampton Roads VA will provide businesses with 25 employees or less with funding up to $10,000 for rent, utilities, personal protective equipment and other needs due to the coronavirus pandemic. Bridging Virginia will conduct a capital access study of the Greater Richmond Region to determine a target market and strategy to achieve Community Development Financial Institution (CDFI) certification status through the U.S. Department of Treasury. WebArlingtons Small Business GRANT 2.0 Program Provides $2 Million In Funding Grants for Minority and Women-Owned Businesses General Business Loans and Grants (not specific to any one group) Chesterfield County Microenterprise Relief Fund This program has a finite source of funding. The Small Business Administration office manages this program and areas are designated based on poverty and unemployment criteria. COVID-19 Small Business Assistance Program - Hampton, VA The General Assembly had allocated $10 million in fiscal year 2022 to establish a special fund to provide grants to community development financial institutions or enterprises that provide financing to small businesses.The state resiliency fund is granting $1.5 million to Local Initiatives Support Corps. $700,000 With the infrastructure of our large region and the feel of a tight-knit community, Portsmouth is the smart move for your small business. Organizations cannot receive a grant more than once in a twelve (12) month period. Latino Economic Development Corporations (LEDC) project will be funded in different tiers. You will now be able to tab or arrow up or down through the submenu options to access/activate the submenu links. Bridging Virginia | Counties of Amelia, Charles City, Chesterfield, Dinwiddie, Goochland, Hanover, Henrico, King William, New Kent, Powhatan, Prince George, and Sussex, cities of Colonial Heights, Petersburg, and Richmond and the town of Ashland ) or https:// means youve safely connected to The Hampton Roads Innovation Collaboratives mission is to provide a connective environment for regional innovation and development while offering an inclusive environment for companies, arts and nonprofits, and alliances. The VSBFA helps banks make loans to businesses that can demonstrate repayment ability, but where the bank needs additional collateral support or a more robust secondary repayment source by providing cash collateral, subordinate companion loans, guarantees, loan loss reserve and loan purchase participants. Grants As of now, all grant funds have been exhausted, and the Hampton Economic Development Authority is no longer Access to Capital LISC Hampton Roads' Small Business Loan Program Expand 757 provides 0% interest, $0 fee loan financing and coaching services to small businesses This grant program is sponsored by the City of The regional access fund is designed to provide $10,000-$50,000 recoverable grants with no interest or fees with priority given to minority-, woman-, veteran- and immigrant-owned small businesses.. Below you will find a regularly updated list of grants offered by Virginias agencies. SBSD is responsible for the administration of two certification programs: the Small, Women- and Minority-owned Businesses under Virginias SWaM Procurement Initiative and the U.S. Department of Transportations Disadvantaged Business Enterprise (DBE) Program. LISC Virginia and LISC Hampton Roads will create the Small Business Capital Access Fund to provide 0% interest, no-fee recoverable grants between $10,000-50,000 to small businesses, with priority consideration given to minority-, woman-, veteran- and immigrant-owned small businesses. $955,820 $1,500,000 Foodshed Capital will expand microlending and small business lending to Virginia farms and food businesses in geographies not yet served and funding activities that have traditionally lacked capital investments, including land procurement, food system infrastructure and food retail development. He feels lucky to have landed at a forward-looking company that provided lots of on-the Heather Coiner and Ben Stowe own Little Creek Hat Farm in rural Roseland, Virginia. $1,500,000 The money will increase its available loan capital with the rural fund deploying $665,000 in microloans to more than 40 businesses. Thank you for your interest in the COVID-19 Small Business Assistance Program. The SCORE Association, Counselors to Americas Small Business is a nonprofit association comprised of 13,000+ volunteer business counselors throughout the U.S. and its territories.
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