During the month of July, the Rebuild! VA grant program was created to assist small businesses and nonprofit organizations throughout the state who have faced unprecedented economic distress due to the COVID-19 pandemic. Excitingly, the program has been allotted an additional $30 million, expanding eligibility criteria and increasing the amount of grant funds that small businesses and nonprofit organizations can receive, and Governor Northam encourages such entities to apply!
“We started Rebuild! VA to help small businesses and nonprofit organizations navigate the impacts of the COVID-19 pandemic. These changes to the program will ensure that we can provide additional financial assistance to even more Virginians so they can weather this public health crisis and emerge stronger.” – Governor Northam
Rebuild! VA will now be open to all types of Virginia small businesses that meet size and other eligibility requirements, from restaurants and summer camps, to farmers and retail shops. Businesses that previously received a Rebuild! VA grant will receive a second award correlated with the updated guidelines. View the full press release for additional details!
Click here to apply and/or learn more about the Rebuild! VA grant program!
As a reminder, the Virginia Department of Housing and Community Development (DHCD) has created a brief guide for multiple small business recovery programs housed within the agency. Check it out!