ROANOKE, Va. (WFXR) – Due to the ongoing economic hardships that local microbusinesses are feeling from the COVID-19 pandemic, Roanoke City officials as well as Freedom First, are launching a small business relief grant program utilizing the Community Development Block Grant – Coronavirus (CDBG-CV) federal funding.
The grant program has been created in response to businesses that are at risk of closing or laying off employees due to COVID-19.
The goal is for these funds to help keep businesses open and retain or create jobs in the City.
To be eligible to receive a CDBG-CV Small Business Relief Grant, the business must be a for-profit small business in the City that will create and/or retain jobs for low-to-moderate-income people in our region.
Grant funds may be used to pay for a limited scope of expenses such as:
- Working capital such as wages, utilities, rent, etc.;
- Costs to comply with COVID-19 related CDC standards: and
- Other costs that will enable the business to reopen (as outlined in the program qualifications).
Applications and further details can be found by clicking here.
Applications must be completed by 4 p.m. on June 1, 2022, by emailing firstname.lastname@example.org.
Grants will be awarded until either the date listed above or when the funds are exhausted.