VIRGINIA SMALL BUSINESS RESILIENCY FUND

Contact:

Community Revitalization Office
804-371-7171

The Virginia Small Business Resiliency Fund (VSBRF) was created to provide funding to existing Community Development Financial Institutions (CDFIs) and emerging CDFIs. VSBRF seeks to build capacity in these organizations to create programs and products that increase access to capital and technical assistance for underserved COVID-19 impacted businesses in the Commonwealth. Through grants made to existing Community Development Financial Institutions (CDFIs) and emerging CDFIs, the VSBRF goals include: 

  • Serving small businesses adversely impacted by the COVID-19 pandemic, with an emphasis on those sectors which have been disproportionately impacted or have been economically disadvantaged historically
  • Increasing economic activity in distressed communities around the Commonwealth 
  • Increasing the capacity of the CDFI sector to serve these target markets in Virginia