Sponsoring Agency: Chesapeake Economic Development Authority (EDA)
Type of Fund: Grant
Deadline Available: Not Available
Deadline Date (mm/dd/yyyy):
Size of the Fund: Less than USD $50,000
All businesses with 50 employees or less are eligible for up to $12,500 in relief — including those that have received funding from the Paycheck Protection Program and Economic Injury Disaster Loan (EIDL). The sole stipulation is that the grant must be used only on reimbursable business expenses dated on or after March 1, 2020.
The purpose of this program is to assist for-profit businesses in Chesapeake, Virginia, that have been adversely impacted by the COVID-19 pandemic. Limited funds are available for this grant assistance program and only qualified applicants will receive funds.
Grant awards will be based on reimbursable business expenses dated on or after March 1, 2020, for those that have met the following conditions
• Have made efforts to remain open and retain employees during the COVID-19 outbreak;
• Must have been a registered Chesapeake business since February 15, 2020; and
• Are current on City of Chesapeake taxes and have registered with the Commissioner of Revenue for 2020.
More information at: https://chesapeakeva.biz/recovery-grant/