The Metropolis of Virginia Seaside Growth Authority (VBDA) has introduced the launch of the Virginia Seaside Small Enterprise Grant Program, aimed toward offering monetary assist to eligible small companies within the metropolis. Grants of as much as $10,000 might be awarded to qualifying companies, together with these which might be small, women-owned, minority-owned, veteran-owned, or disabled veteran-owned.
Administered by the Virginia Seaside Division of Financial Growth, the grant program is designed to assist small companies with varied growth-related actions. Funds can be utilized for functions corresponding to buying stock, advertising and marketing, growing a web-based or cellular presence, buying tools or provides, increasing the enterprise, or actual property acquisition. Grants might be distributed on a first-come, first-served foundation, relying on the supply of funds, adherence to program pointers, and submission of a whole software.
“Virginia Seaside Growth Authority acknowledges the necessity to improve entry of funding for certified small companies,” stated Deputy Metropolis Supervisor Amanda Jarratt. “We proceed our dedication to serving traditionally underserved and marginalized small companies by creating an inclusive financial system in Virginia Seaside.”
Along with monetary help, this system will present recipients with entry to technical experience and mentorship in key areas, corresponding to authorized companies, monetary evaluation, and digital advertising and marketing.
To use, companies should attend a pre-application workshop hosted by the Virginia Seaside HIVE Enterprise Useful resource Middle. The workshops might be provided each in-person and nearly. Pre-registration is required, and solely those that attend a workshop will obtain the hyperlink to the 2024 Small Enterprise Grant software, which might be obtainable beginning September 30, 2024.
