Greater than 100 small companies in James Metropolis County have taken benefit of monetary help by means of the Higher Williamsburg Small Enterprise Aid Fund.
Every of the 100 companies obtained a $3,000 forgivable mortgage by means of the fund, which is meant to assist companies climate the monetary impacts of the COVID-19 pandemic.
Native companies which have obtained loans embody eating places, producers, and firms in well being care and hospitality industries, based on a information launch from James Metropolis County.
Companies which have been in operation for at the very least a yr, are owned by a Virginia resident and make use of between three and 30 individuals are eligible for a mortgage.
The 100th enterprise within the county to obtain funding was Sweethaven Lavender Farm.
Sweethaven planted its first lavender crop in 2018 and opened for enterprise in 2019. COVID-19 canceled their second annual lavender competition days in late Might and early June.
Kerry Messer, proprietor of Sweethaven, known as the grant “an enormous blessing”
The Higher Williamsburg Small Enterprise Aid Fund was fashioned in April by means of a partnership between the Williamsburg Community Foundation, the Greater Williamsburg Partnership and the nonprofit Virginia 30 Day Fund.
Employees from the WCF administer the funds, and volunteers from William & Mary’s Raymond A. Mason College of Enterprise and College of Virginia’s Darden College of Enterprise assessment mortgage functions.
In Might, James Metropolis County’s Board of Supervisors allotted $500,000 to the fund. That $500,000 is just eligible to companies throughout the county. Funding continues to be obtainable.
Native small companies can apply for a grant here.
YOU MIGHT WANT TO CHECK OUT THESE STORIES: