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Rebuild! VA

 

 

 

The Rebuild VA Grant Fund is a program to help small businesses and non-profits whose normal operations were disrupted by COVID-19, including restaurants, brick and mortar retail, exercise and fitness facilities, personal care and personal grooming services, entertainment and public amusement establishments, and campgrounds.

Businesses and non-profits that are approved for a Rebuild VA grant may receive up to 3 times their average monthly eligible expenses up to a maximum of $10,000.

THE APPLICATION WILL BE AVAILABLE STARTING ON AUGUST 10, 2020

Who is eligible for the grant?

Applicants must meet the following eligibility criteria:

  1. The business or non-profit must be organized as one of the following:
    • Corporation (C-Corp), pass through entity (S-Corp, Partnership, LLC) , or other legal entity that is organized separately from the owner;
    • A 501(c)(3) organization or 501(c)(19) veterans organization;
    • A sole proprietorship; or
    • An independent contractor.
  2. The business or non-profit must also fall within one of the following businesses categories:
    • Restaurant and Beverage Services
      Restaurants, dining establishments, food courts, breweries, microbreweries, cideries, distilleries, wineries, tasting rooms, and farmers markets (or vendors within the farmers market)
    • Non-essential Brick and Mortar Retail
      Non-essential brick and mortar retail establishments include everything EXCEPT the following:

      • Grocery stores, pharmacies, and other retailers that sell food and beverage products or pharmacy products, including dollar stores, and department stores with grocery or pharmacy operations;
      • Medical, laboratory, and vision supply retailers;
      • Electronic retailers that sell or service cell phones, computers, tablets, and other communications technology;
      • Automotive parts, accessories, and tire retailers as well as automotive repair facilities;
      • Home improvement, hardware, building material, and building supply retailers;
      • Lawn and garden equipment retailers;
      • Beer, wine, and liquor stores;
      • Retail functions of gas stations and convenience stores;
      • Retail located within healthcare facilities;
      • Banks and other financial institutions with retail functions;
      • Pet and feed stores;
      • Printing and office supply stores; and
      • Laundromats and dry cleaners.
    • Fitness and Exercise Facilities
      Fitness centers, gymnasiums, recreation centers, swimming pools, indoor sports facilities, and indoor exercise facilities
    • Personal Care and Personal Grooming Services
      Beauty salons, barbershops, spas, massage practices, tanning salons, tattoo shops, and any other location where personal care or personal grooming services are performed
    • Entertainment and Public Amusement
      Theaters, performing arts centers, concert venues, museums, racetracks, historic horse racing facilities, bowling alleys, skating rinks, arcades, amusement parks, trampoline parks, fairs, arts and craft facilities, aquariums, zoos, escape rooms, indoor shooting ranges, public and private social clubs
    • Private Campgrounds and Overnight Summer Camps
  3. The business or non-profit must meet the following additional eligibility criteria:
    • Principal Place of Business is in Virginia
    • 25 or fewer employees
    • Gross revenue of less than $1.5 million in the last fiscal year
    • Operating prior to March 12, 2020
    • Currently in good standing with the Virginia State Corporation Commission
    • The applicant must engage in legal activity

The following applicants are ineligible for the Rebuild VA grant funds:

  • Applicants that are not individually owned and operated
  • Applicants that have already received CARES Act funding from any federal, state, regional or local agency or authority
  • Applicants that are delinquent on Virginia state income taxes and do not have a payment plan in place
  • Applicants that are lobbyists
  • An applicant, owner, or a principal of the business with 20 percent or greater ownership interest is more than sixty (60) days delinquent on child support obligations

Watch this video to learn more about how about Rebuild! VA.

The Rebuild VA grant will aid businesses whose normal operations were disrupted due to the COVID-19 pandemic. The statewide program is capitalized with $70 million dollars, which will allow for assistance for approximately 7,000 applicants. These sessions will go over the eligibility requirements and documentation needed to apply when the application opens on August 10th.

Register for one of these webinars: How to Apply
– July 31st 12:00 noon
– Aug 4th 9:00 am
– Aug 4th 5:30 pm