Business News NOW
From the Central Virginia Small Business Development Center

May 25, 2022
COVID Funding Updates
You Received COVID EIDL funds, so Now What?
May 26 | 12:00 - 1:00 PM
Millions of small businesses obtained COVID EIDL funds. It's important to remember that this is a loan and not a grant. Find out what the SBA may require borrowers to provide to show they used the proceeds as intended.

Presented by Mike Austin, Hampton Roads SBDC
U.S. Senate does not advance additional business relief funding for Restaurant Revitalization Fund
On May 19th, efforts to replenish the Restaurant Revitalization Fund (RRF) and related grant fund efforts did not receive enough votes to advance. Also, the closure of the EIDL program due to depletion of funds left outstanding application issues unresolved including original applications, reconsiderations, appeals, and those that were waiting for 4506-T transcripts from the IRS. Republicans are requesting information, but no additional funds or further resolution is expected at this time.  
Featured Upcoming Events
Marketing to the Federal Government
online or in person at 300 Preston Avenue, Charlottesville
June 7 | 10:00 - 11:30 AM

Would you like to add to your business' portfolio and bottom line through a federal government contract but are struggling to make inroads?
Join us and learn marketing strategies and tips to increase your chances of success.

Join Lisa Wood, Director of the Virginia Procurement Technical Assistance Center (PTAC), for this informative presentation – a “must” for those who are considering the Federal Government contracting market and want to learn how to prepare for/navigate this huge potential market. This class offers tips and tricks on how to win Federal business.
Cohosted by:
Founder's Education Series

Are you ready to prepare for launch with confidence or evaluate an existing business? The Founder's Series is a low-cost series to prepare a foundation to start or expand. 

All classes will be held via Zoom from 10:00am - 12:00pm

We encourage taking the session in order to complete an optional Entrepreneurship Certificate. More information about the Founder's Series can be found here.

There is a $5 administrative fee for each session of the Founder's Series. Scholarships available - email for more information.
Hiring Employees: Founder's Series Optional Session
June 9 | 3:00 - 5:00 PM

Looking for guidance around hiring employees? Learn from the experts!

  • Are you unsure if you should hire employees or contractors?
  • Do you need help understanding the logistics of hiring and how to protect your business from common human resource mistakes?

In this interactive webinar you will learn how to avoid common human resource mistakes, gain access to tools and checklists, and become familiar with our regional and state resources to help you succeed in hiring. 
Starting Your Business

Thinking about starting a small business?
Have you started…but maybe missed some critical information?
This workshop is for you!

In this workshop, we review the steps for a successful start, the registrations and regulations, and the components of sound business planning and financial projections. This workshop is offered twice monthly.

May 26 | 6:00 - 8:00pm

June 7 | 1:00 - 3:00pm
Access the CVSBDC Events Calendar and statewide training offerings

Central Virginia Small Business Development Center | Visit our website
Charlottesville main office phone: 434-295-8198 | Culpeper direct phone: 540-727-0638
Culpeper office: 803 South Main Street, Culpeper, VA 22701