Small Business Grants in Virginia (VA)

Securing a small business grant in Virginia involves identifying the right opportunities, understanding the eligibility criteria, and preparing a compelling application. Here are some of the most relevant opportunities and steps to secure them:

Virginia Small Business Development Center (SBDC) Funding Resources
The Virginia SBDC offers a variety of funding resources for small businesses. One of these is the Incumbent Worker Training Program, which provides grants for training existing employees. To apply, employers must submit an application and request on company letterhead via email.

Commonwealth of Virginia Grants
The Commonwealth of Virginia provides a variety of funding opportunities for localities, organizations, and individuals. These grants are offered by various state agencies and can be accessed through the official website of the Governor of Virginia.

Virginia Small Business Grants
This program provides grants to businesses and non-profits that meet certain criteria, such as having a principal place of business in Virginia, having 25 or fewer employees, and gross revenue of less than $1.5 million in the last fiscal year.

Amber Grants for Women
This is a private funding opportunity that offers grants to women entrepreneurs. The application process is simple and requires answering two questions about your business.

Virginia Innovation Partnership Corporation (VIPC)
The VIPC has helped businesses like MOVA Technologies secure significant grant funding. The Virginia SBDC-ICAP program can help businesses connect with VIPC and other potential investors.

Virginia Small Business Grants 2024/2025
The local state government in Virginia provides small business grants to businesses and organizations in Virginia. The majority of the federal budget in government grants is put into the business sector every year.

Virginia Small Business Grants Funding
This website provides a list of grants for small businesses, for-profits, corporations, LLCs, and grants for small business startup and growth.

Eligibility Criteria for Small Business Grants in Virginia
To be eligible for most small business grant programs in Virginia, businesses must have obtained all necessary licenses and permits required by the state. Companies must be headquartered or have a physical location within the state. Some grant programs may only be available to small businesses with fewer than 500 employees.

COVID-19 Relief Grants
Federal COVID relief has helped many small businesses in Virginia. Programs like the Shuttered Venue Operators Grant and the Restaurant Revitalization Fund have provided significant funding to businesses affected by the pandemic.

Virginia Economic Development Partnership Incentives
The Virginia Economic Development Partnership offers a variety of incentive programs that reduce the costs of opening or expanding a business facility. These include performance-based grants and loans to localities in Virginia’s tobacco-producing regions, low-interest loans or grants to qualified new or expanding businesses in southwestern Virginia, and grants to businesses that create high-wage, full-time, permanent positions with health benefits in an Enterprise Zone.

U.S. Aid for Small Businesses
Virginia has also received federal aid to boost small businesses and entrepreneurs with loans and venture capital for startup.

Each grant has its own specific eligibility criteria and application process. It’s crucial to research each grant opportunity thoroughly, understand its requirements, and prepare a compelling application that demonstrates how your business meets the criteria and how the grant will help your business grow.