More than $6 3M in GO Virginia grants to support economic growth nbc12.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbc12.com Daily Mail and Mail on Sunday newspapers.
More than $6.3M in GO Virginia grants to support economic growth (Source: Madeline Cuddihy) By WDBJ | Governor s Office Release | April 9, 2021 at 3:50 PM EDT - Updated April 9 at 6:07 PM
ROANOKE, Va. (WDBJ/Governor’s Office Release) - More than $6 million in GO Virginia grants have been allocated to help further address economic impacts of the pandemic.
Governor Ralph Northam made the announcement Friday. Approximately $6.3 million in Growth and Opportunity for Virginia grants will support 15 projects, eight of which are regional GO Virginia projects and seven that are projects through GO Virginia’s Economic Resilience and Recovery Program.
“This funding will go a long way towards supporting a broad-based economic recovery across our commonwealth,” said Governor Northam. “As we celebrate these projects, we must also recognize the leadership and many contributions of the late GO Virginia Board Chairman Tom Farrell, whose business acumen helped advance the GO Virg
GO Virginia grants to assist with local workforce development, startups, infrastructure
Published Friday, Apr. 9, 2021, 10:31 am
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Front Page » Government/Politics » Politics1 » GO Virginia grants to assist with local workforce development, startups, infrastructure
Three local projects are among the 15 statewide set to receive a total of $6.3 million in GO Virginia economic development grants.
The projects receiving funds will provide additional capacity to expand workforce development and talent pipelines in key industries, support the growth of startup businesses and entrepreneurial ecosystems, grow Virginia’s portfolio of business-ready sites, and assist regions with mitigating the economic impacts of the COVID-19 pandemic.
Application portal open for second draw of PPP loans
Application portal open for second draw of PPP loans By Patrick Huddleston | January 21, 2021 at 9:53 AM EST - Updated January 21 at 9:35 PM
The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a loan to apply for a Second Draw PPP Loan with the same general loan terms.
A borrower is generally eligible for a Second Draw PPP Loan if he or she:
Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses
Has no more than 300 employees; and
Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020
Program offers businesses solutions and UVA students real-world experience
Program offers businesses solutions and UVA students real-world experience By Patrick Huddleston | January 8, 2021 at 4:13 PM EST - Updated January 8 at 6:41 PM
CHARLOTTESVILLE, Va. (WVIR) - The University of Virginia and the Central Virginia Small Business Development Center are partnering to facilitate a community project-based learning program called Propel.
Propel aims to address a wide range of business and technology problems, including market entry, marketing strategy, and financial analysis. The initiative engages UVA student teams to support real-world project challenges faced by local small businesses, start-ups, and nonprofit organizations.
“The students get real-world experience, course credit, They get to know businesses in the surrounding community, and solve problems, offer good solutions, and the businesses are getting access to this solutions,” SBDC Director Rebecca Haydock said.