There are 5 Capital Access Products

Next Application Round 3- Electronic Application goes Live October 1-October 31, 2019

Are you in the Starting Stages?

  • Micro Grant
  • Norfolk EDA Small Business Grant

Having significant Growth and Hiring Employees?

  • Reimbursable Grant

Does your Building need a Face-lift?

  • Façade Grant

Looking for Alternative Financing?

  • Norfolk Revolving Loan Fund
Apply Here (goes live October 1)
  • Funding Source: CDBG
  • Grant Amount: $1,500- $10,000
  • Years in Business: 0-2 years
  • Must have no more than 5 employees
  • Must have completed approved Technical Assistance Program, when applicable
  • Business Owners must be Low to Moderate Income (LMI) at the time of application or service a Low to Moderate Income (LMI) area
  • Allowable Purchases: Include but are not limited to: marketing and advertising; inventory; materials; equipment; operating licenses; permitting and fees; etc.
  • Ineligible Purchases: Real estate based transactions
  • Funding Source: EDA
  • Grant Amount: $1,500- $10,000
  • Years in Business: 0-4 years
  • Must have no more than 25 employees
  • Allowable Purchases: Include but are not limited to: marketing and advertising; inventory; materials; equipment; operating licenses; permitting and fees; real estate based transactions; etc.
  • Funding Source: CDBG
  • Grant Amount: $35,000+
  • Years in Business: Preferably 2 or more with documented sales and hiring experience
  • Business must hire 1 full time LMI Norfolk Resident
  • Allowable Purchases:  Include but are not limited to: marketing and advertising; inventory; materials; equipment; training
  • Business preferably will have current employees
  • Funding Source: CDBG
  • Grant Amount: 50% of the project up to a maximum grant of $10,000
  • Years in Business: No minimum
  • Business or Project must be located in a Low to Moderate Income (LMI) area
  • Allowable Improvements: Include but are not limited to: repair, replacement or installation of new awnings, signage, windows, doors, and/or permanent landscaping, and other approved improvements
  • Ineligible Businesses: Include but are not limited to: National franchises, check cashiers, pay-day lenders, home based businesses, Religious Organizations, Political Organizations, structures not facing the public right-of-way and Not for use of general government conduct
  • Funding Source: Federal EDA
  • Administrator: VCC
  • Loan Amount: $10,000 – $50,000+
  • Years in Business: 3-6+ years
  • Must have no more than 25 employees
  • Allowable Purchases: Include but are not limited to: inventory; materials; equipment; working capital; debt refinancing; real estate; etc.

Important Info

Toolbox

For Questions or General Inquiries

  • Email:
  • Phone: 757-664-4338
  • Administrator: Sean Washington
  • Assistant: Darielle Williams