The Small Business Grant is designed to increase access to funding for historically underserved and marginalized small businesses in Virginia Beach, focusing on women, minority-owned, veteran, and service-disabled veteran-owned businesses. To apply for the Grant, a business must attend a pre-application workshop from the Virginia Beach HIVE (the “HIVE”) in person or virtually. The link to register for the workshops will be posted at Virginia Beach HIVE Business Resource Center on September 4, 2024.
Qualifying Businesses: To qualify, a business must be able to demonstrate the following:
a. It is a micro-business as contemplated by §15.2-965.2 of the Code of Virginia, or is service disabled veteran business with fewer than twenty-five (25) employees;
b. It holds a valid Virginia Beach business license;
c. It has operated in the City for at least one year as evidenced by tax returns or other documentation acceptable to the Authority;
d. It is current on the payment of all local taxes and fees;
e. It has not received any other grant from the Authority or the City within the past year (12 months); and
f. Does not employ an officer, official or employee of the City of Virginia Beach, the Authority, or the Minority Business Council.
