Community awarded $15,000 in grant funds to support small businesses
On April 17th, Farmville Downtown Partnership was selected as a grant recipient for the Virginia Main Street (VMS) 2020 Small Business Support Relief & Recovery Initiative. The Virginia Department of Housing and Community Development’s Community Revitalization Office (CRO) offered the grant opportunity to immediately address the needs of local, small, independently owned businesses within Virginia Main Street designated communities that have been facing challenges due to the COVID-19 pandemic.
Jen Cox, President of the Board of Directors stated, “When we learned about the grant, we were eager to apply. We know how critical small businesses are to the vibrancy of downtown”.
Farmville Downtown Partnership will use a majority of the funds to establish the Farmville Downtown Economic Relief program. There will be fourteen $1,000 grants given out with need, completeness of the application, and innovation being the major determining factors. Businesses may apply to use funds for rent/mortgage payments, overhead costs, and/or for sales tax, meals tax, or lodging tax. The remaining funds will be used for marketing and promotions.
FDP expects the grant process to be competitive. There are currently 112 businesses within the Main Street District. With FDP being awarded $15,000 a total of 12.5% of businesses within the district will feel some relief. Funds will be distributed to businesses in May. FDP plans to continue to apply for grant opportunities to help support the downtown district.
Chelsey White, Program Manager of Farmville Downtown Partnership stated, “Over the past month we have heard from numerous businesses about their needs and how we can help. We want our downtown businesses to know that we are here for you, we are advocating for you, and we are intervening on your behalf to find opportunities to support our business community”.
To apply, please complete the short application