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Va. unemployment claims down slightly last week
JLARC says VEC still is responding only to "small portion" of calls
Virginia saw a small decrease in initial claims for the filing week ending July 3, with 6,825 people making new jobless claims, the Virginia Employment Commission reported Thursday. Continued claims
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757 economic recovery plan focuses on cooperation
Community pride, encouraging new and resilient industries part of new framework
Published
At a Thursday news conference, Hampton Roads regional leaders unveiled a new economic recovery plan for the next two years that focuses on cooperation and resiliency. Hampton Roads Alliance President
V-shaped? K-shaped? Va. experts predict economic recovery
Timeline will be impacted by vaccines, stimulus
Published
What will the economic recovery from the pandemic look like and when will it take place? Ask Virginia’s economic experts and they’ll tell you it depends on a number of
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What stays and what goes
Richmond Fed CEO Tom Barkin weighs in on economic recovery
Published
With renewed hopes stemming from vaccine distribution, economists and business leaders are looking ahead toward recovery, including pandemic-induced changes that will stay and ways we’ll return to “normalcy.” While it’s
Chesapeake Economic Development offers extra $1M for small businesses
Businesses can apply for up to $10K for reimbursement
Published
Through the Chesapeake Economic Development department’s latest $1 million round of COVID-19 grants, small businesses can receive up to $10,000 for reimbursable business expenses related to the pandemic, such as
Freedom Bank, NVTC to seed $50K revolving loan fund for minority entrepreneurs
Bank, tech council to provide gap financing for NoVa businesses
Published
The Northern Virginia Technology Council (NVTC) and Fairfax-based Freedom Bank of Virginia announced Tuesday a $50,000 revolving loan fund for Northern Virginia entrepreneurs of color who have been affected by
Unemployment shows minimal improvement in Va., U.S.
Va. unemployment rate was 4.9% in December 2020
Published
Virginia’s seasonally adjusted unemployment rate rose by less than 1% between November 2020 and December 2020, according to the Virginia Employment Commission, and the commonwealth’s 4.9% December unemployment rate for
Northam commits additional $20M to economic recovery fund
Extra funding will aid 300+ small businesses and nonprofits
Published
Gov. Ralph Northam has allocated an additional $20 million in federal CARES Act funding to assist more than 300 small businesses and nonprofits through the Rebuild VA economic recovery fund.
Richmond extends deadline for second small business grant fund
Applicants have until Dec. 18 to apply
Published
The city of Richmond announced Monday it has extended the deadline for its Richmond Recovers II Grant Program through Dec. 18. The program will provide applicants with grants of $15,000
State’s Rebuild VA program allocated $100M to Va. small businesses
Grants were awarded to 2,500 businesses, nonprofits
Published
The state has awarded $100 million in grants to 2,500 Virginia businesses and nonprofits through its Rebuild VA economic recovery fund, Gov. Ralph Northam announced Wednesday. All available funds have