Rebuild VA Grant Fund

Virginia Small Business Financing Authority

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Deadline: Rolling

Grant amount: Up to US $10,000

Fields of work: Business Development Disaster Relief / Humanitarian Aid

Applicant type: For-Profit Business, Indigenous Group, Nonprofit

Funding uses: General Operating Expense, Capital Project

Location of project: Virginia

Location of residency: Virginia

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Overview:

Rebuild VA

The Rebuild VA Grant Fund is a program to help small businesses and non-profits whose normal operations were disrupted by COVID-19, including restaurants, brick and mortar retail, exercise and fitness facilities, personal care and personal grooming services, entertainment and public amusement establishments, and campgrounds.

Businesses and non-profits that are approved for a Rebuild VA grant may receive up to 3 times their average monthly eligible expenses up to a maximum of $10,000. 

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Eligible Applicants:
    • A corporation (C-Corp), pass through entity (S-Corp, Partnership, LLC) , or other legal entity that is organized separately from the owner; 501c3, 501c7 or 501c19 organizations; Virginia tribes; sole proprietors or independent contractors; and
    • Fall within one of the following businesses categories:
      • Restaurant and Beverage Services
        • Restaurants, dining establishments, food courts, breweries, cideries, distilleries, wineries, tasting rooms and farmers markets (and vendors within farmers markets)
      • Non-essential Brick and Mortar Retail
      • Non-essential brick and mortar retail establishments include everything EXCEPT the following:
        • Grocery stores, pharmacies, and other retailers that sell food and beverage products or pharmacy products, including dollar stores, and department stores with grocery or pharmacy operations;
        • Medical, laboratory, and vision supply retailers;
        • Electronic retailers that sell or service cell phones, computers, tablets, and other communications technology;
        • Automotive parts, accessories, and tire retailers as well as automotive repair facilities;
        • Home improvement, hardware, building material, and building supply retailers;
        • Lawn and garden equipment retailers;
        • Beer, wine, and liquor stores;
        • Retail functions of gas stations and convenience stores;
        • Retail located within healthcare facilities;
        • Banks and other financial institutions with retail functions;
        • Pet and feed stores;
        • Printing and office supply stores;
        • Laundromats and dry cleaners
      • Fitness and Exercise Facilities
        • Gymnasiums, recreation centers, swimming pools, indoor sports facilities, and indoor exercise facilities
        • Personal Care and Personal Grooming Services
          • Beauty salons, barbershops, spas, massage practices, tanning salons, tattoo shops, and any other location where personal care or personal grooming services are performed
      • Entertainment and Public Amusement
        • Theaters, performing arts centers, concert venues, museums, racetracks, historic horse racing facilities, bowling alleys, skating rinks, arcades, amusement parks, trampoline parks, fairs, arts and craft facilities, aquariums, zoos, escape rooms, indoor shooting ranges, public and private social clubs
      • Private Campgrounds and Overnight Summer Camps
  • Principal Place of Business is in Virginia
  • Has 25 or fewer full time employees
  • Gross revenue of less than $1.5 million in the last fiscal year
  • Operating prior to 3/12/2020
  • Current good standing with the Virginia State Corporation Commission
  • Applicant engages in legal activity
  • Eligible Expenses: (means those expenses and disbursements made on or after March 24, 2020):
    • Comply with OSHA and VDH safety standards relating to COVID-19 prevention
    • Reconfigure business facilities to comply with physical distancing standards to prevent virus transmission, including the installation of drive-through windows
    • Utilization or phase-in of touch-free technology or equipment
    • Purchase of equipment, infrastructure, technology or other services to prepare for and respond to coronavirus
    • Purchase of equipment, infrastructure, technology or other capital assets necessary to prevent the transmission of COVID-19 and provide a healthy and safe work environment
    • Payroll and benefits
    • Mortgage payments
    • Rent (including rent under a lease agreement)
    • Utilities
    • Principal and interest payments for business loans incurred before or during the emergency

Ineligibility:

  • Ineligible Uses:
    • Paying dividends and bonuses
    • Disbursements to owners except when directly related to performance of services
    • Repayment of stockholder/principal loans
    • Expansion of facilities or acquisition of fixed assets
    • Repair or replacement of physical damage
    • Refinancing debt
    • Pre-paying or paying off loans
    • Relocation
  • Ineligible Applicants:
    • Applicant is not individually owned and operated
    • Applicant has received economic stimulus funding, due to COVID-19, from any federal, state, regional or municipal agency or authority
    • Applicant is delinquent in Virginia state income taxes and does not have a payment plan in place
    • Applicant is a lobbyist
    • Applicant, owner or principal of the business having 20 percent or greater ownership interest is not more than sixty (60) days delinquent on child support obligations
    • Applicant is a household employer (housekeepers, maids, babysitters, gardeners, and others who work at a private residence as an employee)

This page was last reviewed August 28, 2020 and last updated August 28, 2020