The City of Richmond announced the launch of the Richmond Recovers Grant Program for small businesses and non-profit organizations. The program is funded with $3 million from the City’s CARES Act appropriation and will be administered by the Economic Development Authority of the City of Richmond.
 
“Richmond’s small businesses and non-profit organizations have proven resilient through the unprecedented COVID-19 pandemic,” said Mayor Stoney. “They have worked relentlessly to safely keep their doors open and serve customers and clients. The Richmond Recovers grants will provide much needed and deserved financial relief.”
 
Grant amounts for the program will range from $10,000 to $15,000 based on the organization’s number of current active full-time employees. Grant funds can be used to reimburse the costs of employee wages, including the cost of benefits; rent and utilities for commercial workspaces; and working capital.
 

 
Inclusive of the funding for the Richmond Recovers Grant Program, the city has allocated over $4.1 million to support businesses during the COVID-19 pandemic.

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