COVID-19 Business Resources
As the COVID-19 virus is present, the Economic Development department will continue to provide support and resources to our local businesses. Please find links below to relevant information.
For assistance or questions, contact us at firstname.lastname@example.org
Powhatan Business Assistance Grant Announcement - Round Two
Powhatan County Economic Development is pleased to announce the second round of the Powhatan Business Assistance Grant program. The grant program is funded using the Federal CARES Act funding, which the Powhatan Board of Supervisors have allocated $517,404.60 to assist small businesses in Powhatan. The funding is intended to cover COVID-19 related costs and will be administered through the Powhatan Economic Development Authority by Community Investment Collaborative (CIC).
The program is separated into two categories:
1) funding up to $25,000 for businesses with 10-25 employees and $500,000-$3 million in revenue per calendar year and
2) up to $10,000 for businesses with 9 or less employees and less than $500,000 in revenue per calendar year.
All businesses must be able to show at least a 25% revenue reduction from 2019 to 2020. The first round of the grant was open from August 24th to September 9th, 2020 and awarded $268,771 to 24 Powhatan businesses.
Round two applications will open on October 19th, 2020 and will close on November 2nd, 2020. Applicants are required to visit the CIC website and complete the interest form to be automatically informed of the opening of applications. Awards will be made for qualified businesses in mid to late November.
For more information visit: https://www.yespowhatan.com/article/powhatan-announces-second-round-of-grant
Re-Opening Businesses Guidance
Trusted Resources for County Businesses:
Federal Government: https://www.usa.gov/ for access to Government Benefits Grants and Loans, Taxes, travel and immigration, jobs and unemployment, Small Businesses plus many other topics of interest.
Commonwealth of Virginia: https://www.virginia.gov/ for information on how Governor Northam and the state are responding to the current environment and providing information for businesses.
Powhatan County: Visit the County’s website for updates to help monitor the quickly changing environment
Virginia Department of Health:
Virginia Employment Commission:
Capital Region Workforce Board Grant:
Grant to assist small businesses (fewer than 250 employees at a site) with certain costs related to the COVID 19 crisis that might help them meet certain needs and/or divert expenses in other areas as a form of assistance. Examples of uses include paying for cleaning services so companies can stay open, paying for cleaning supplies, or purchasing items that can assist employees in teleworking. Other COVID19 related items can be considered on a case-by-case. (Note that “equipment” with a per unit value over $5,000 is not allowed; nor are wage reimbursements for employees). Another condition is that these funds are only available on a reimbursement basis, meaning the business must first incur the cost and present proof of payment to get reimbursed. Reimbursement is available for allowable costs incurred March 1, 2020 – August 31. 2020.
U.S. Small Business Administration:
U.S. Chamber of Commerce:
U.S. Chamber of Commerce Foundation:
U.S. Senate Committee on Small Business & Entrepreneurship:
U.S. House Representative Abigail Spanberger: Coronavirus Pandemic- Small Business Guidance and Resources
FACEBOOK for Business:
Richmond Region Tourism: