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City News

Press Releases and Announcements

Posted on Mar 18, 2025

Applications Open for Small Business Recovery Grant Fund

Posted March 18, 2025

Small Business Recovery Grant Fund

The program will provide grants to small businesses significantly impacted by January’s water emergency. 

Applications are now open for the Small Business Recovery Grant Fund. Administered by the Metropolitan Business League (MBL), the program will provide grants to small businesses significantly impacted by January’s water emergency. Applications will close on March 28, 2025, at 11:59 p.m. 

Businesses can learn more about the program, including eligibility requirements, on the MBL’s website. The City of Richmond Office of Minority Business Development is offering technical assistance to businesses that need support applying for the program. Please contact Lisette Johnson at lisette.johnson@rva.gov to schedule a technical assistance appointment. 

About the Small Business Recovery Grant Fund: The Small Business Water Recovery Grant Fund provides financial assistance to small businesses significantly impacted by the January 2025 water outage in Richmond, VA. The program is a public-private partnership administered by the MBL in collaboration with Bridging Virginia (a Community Development Financial Institution), seeded with a total initial investment of $500,000 provided by the City of Richmond Economic Development Authority, Dominion Energy, and Altria. More information about the fund can be found on thembl.org