A Heads Up From the SBDC

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A HEADS UP FROM THE SBDC @ SWCC

On Memorial Day and every day, we salute our servicemen and women.

The SBDC at SWCC salutes all those who serve and have served our country. We invite any veteran interested in starting or growing their small business to contact us about business assistance programs created especially for you.

In honor of Memorial day, our office will be closed.

Restaurant Revitalization Fund Update

The SBA began accepting applications for the Restaurant Revitalization Fund (RRF) on Monday, May 3. In the first two days of the RRF application window, the SBA has received:

186,200 applications from restaurants, bars, and other eligible businesses in all 50 states, Washington, D.C., and five U.S. Territories.
97,600 applications of which came from restaurants, bars, and other eligible businesses owned and controlled by women (46,400), veterans (4,200), socially and economically disadvantaged individuals (30,800), or some combination of the three (16,200).
61,700 applications from businesses with under $500,000 in annual pre-pandemic revenue, representing some of the smallest restaurants and bars in America.

The SBA is still accepting applications. For more information and how to apply, visit sba.gov/restaurants.

VTC Recovery Marketing Leverage Program

Virginia Tourism Corporation (VTC) Recovery Marketing Leverage Program Summer 2021 Applications Are Now Open!

This Summer 2021 application cycle for the VTC Recovery Marketing Leverage Program differs from past VTC Marketing Leverage Program applications. Below is a highlight of the changes:

Different online application process than in the past.
One funding level with a maximum award of $20,000.
No requirement for a cash match; however, a dollar-for-dollar in-kind marketing match value is required.
Due to the anticipated number of applications, and to expedite application approval, a draft review of applications will not be possible.

Applications are now available at https://www.vatc.org/grants/vtc-recovery-mlp-application/.

Due date for the application return is no later than 5:00 PM on Tuesday, June 22, 2021. No extensions to the due date will be allowed.

VTC will host a Zoom webinar on Tuesday, May 18, 2021 from 1:30 -2:30 PM to give an overview of the application process and VTC Brand Campaigns. The webinar will also be recorded. *Note that registration is required for this webinar.

After registering, you will receive a confirmation email containing information about joining the webinar.

UPCOMING WEBINARS

Learn more about how to manage your small business hardware and software assets. Register Here.

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