Business News NOW
From the Central Virginia Small Business Development Center

November 9, 2011
Funding Opportunities
COVID-19 EIDL and PPP Update
The SBA EIDL (economic injury disaster loan) deadline to apply is December 31, 2021.
  • Maximum loan amount = $2 million
  • If previously declined, apply for a reconsideration via email: [email protected]

For more information visit the SBA EIDL webpage or meet with an SBDC advisor.


If you are applying for commercial credit or plan to in the next several months, consider applying for PPP forgiveness prior to end of year to clean up your balance sheet.

Contact the CV SBDC team for assistance with EIDL or PPP at [email protected] or 434-295-8198
LOCAL LOAN FUNDS RELAUNCHING!
Community Investment Collaborative has partnered with Greene County Economic Development Authority and Orange County Office of Economic Development to relaunch the following loan funds:
Greene County EDA Loan Fund has been relaunched to provide a flexible source of supplemental financing for businesses operating in, expanding in, or locating to Greene County.
Orange County Revolving Loan Fund Program has been relaunched, aimed to provide a flexible source of supplemental financing for businesses expanding or locating to Orange County. 
Continuing options for microbusinesses and socially disadvantaged businesses:
  • Business Recovery Fund will provide flexible and affordable loan capital of up to $15,000 to microbusinesses impacted by the COVID-19 pandemic 
  • Business Equity Fund: The City of Charlottesville Office of Economic Development's Minority Business Program has allocated $35,000 for direct business support to 14 socially disadvantaged businesses
Free Websites!
Traci Powell started Branchway Quilts to live out her dream of having her very own fabric store. As an Army veteran married to a soldier, she was not able to have a physical store but the online store allows her to run her store no matter where she lives.

To help build her business and increase visibility for the products she provides, Traci applied for the CV SBDC's Website Jump Start program, and had great results.
"The website far exceeded my expectations and along the way the various people I interacted with provided useful insights into marketing, visual presentation of my products and most importantly, the training for me to manage my business website myself."
-Traci Powell

Do you need a business website? CV SBDC can build yours, FREE.
Check out our Website Jump Start Portfolio to see examples great websites we've created with local businesses, and apply today for yours!
Featured Upcoming Events
Don't miss this week's Trademark Program
offered by Woods Rogers Attorneys at Law, FREE of charge!
QuickBooks Online Tips & Tricks
November 17 |11:00 AM - 12:00 PM

This course demonstrates helpful tips and tricks for CURRENT USERS of QuickBooks Online
(includes the Essentials, Plus, or Advanced plans)


CV SBDC Advisor, Ellen Martin, will teach helpful new techniques for every day practical uses of the platform.
Charlottesville Entrepreneurs and Espresso (ce-2)
Nov 16 | 8:00 - 10:00 AM
Starting Your Business
Nov 18 | 1:00 - 3:00 PM

Access the CVSBDC Events Calendar and statewide training offerings
Build your business with CIC!
Applications for the Community Investment Collaborative's Spring 2022 Entrepreneur Workshop are now open! CIC's mission is to strengthen our community and contribute to economic development by fueling the success of under-resourced entrepreneurs through education, mentoring, financing, and networking. Do you know someone who could use CIC's 16-week Workshop to start their business? Help us spread the word!

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