Newport News COVID-19 Small Business Resiliency Grant

Newport News COVID-19 Small Business Resiliency Grant

Financial Assistance for Newport News Small Businesses Affected by COVID-19

To ensure the resiliency of local businesses, the City of Newport News and the Economic Development Authority of Newport News, Virginia (EDA) have established the Newport News COVID-19 Small Business Resiliency Grant to support eligible small businesses impacted by COVID-19. The goal of the grant is to assist small businesses impacted by Directive #3 and Directive #4 of Governor Northam’s Executive Order 53.

This grant is one-time financial assistance given to eligible for-profit small businesses, excluding franchises and national chains, in amounts not to exceed $5,000. There is a limited amount of funds for this program. The grants will be committed and funded on a first-come, first-served basis based upon availability of funds, program guidelines and submission of a complete application and supporting documentation.

A business may qualify for consideration provided it meets all of the following:

  • For-profit business impacted by Governor Northam’s Executive Order 53, specifically those enumerated in Directive #3 and Directive #4.
  • Must be located in Newport News, Virginia.
  • Must have been established and operational prior to January 1, 2020 and have a current Newport News business license.
  • Must be in good standing with local taxes and licenses.
  • Had 25 employees or fewer as of March 1, 2020.
  • Had $2 million or less in annual gross receipts during calendar year 2019.

Applications may be submitted beginning at 9:00 AM on Friday, May 8, 2020. Interested businesses may obtain more information and download an application here. For questions about the program guidelines or application process, please contact Priscilla Green with the Department of Development at (757) 509-2587 or greenpa@nnva.gov.