Federal, State, and Local Government

FEDERAL

SMALL BUSINESS ADMINISTRATION (SBA)

The SBA declared Virginia, along with the rest of the country, a disaster area in the wake of the coronavirus outbreak on March 18.  In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak. Visit Coronavirus Relief Options to learn more and apply for temporary relief.

The Small Business Administration (SBA) and U.S. Department of the Treasury released the Paycheck Protection Program (PPP) loan forgiveness application, along with detailed instructions for how to apply. More information can be found on the SBA's website.

Links to valuable information for small businesses:

For the latest information from the Small Business Administration click here.

Counselors to America's Small Business (SCORE)

SCORE has served as America’s premier source of free business mentoring and education for more than 50 years, helping over 11 million entrepreneurs. A nonprofit resource partner of the SBA, SCORE is offering remote mentoringlive webinars, and online workshops to help businesses navigate the unprecedented challenges from the coronavirus outbreak.  Register here for the next webinar. 

 

DEPARTMENT OF TREASURY

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible based on meeting program size standards. More information from the Department of the Treasury can be found here, and below are the most relevant highlights. 

 

FEDERAL GOVERNMENT RESOURCES

For the latest on the Federal Government coverage and resources click here.   

 

STATE 

Forward Virginia Phase 2

Gov. Ralph Northam continues to host live press conferences every Tuesday and Thursday at 2 p.m. 

The Governor has announced that much of Virginia, except for Richmond and Northern Virginia, will enter Phase 2of the Forward Virginia reopening plan on Friday, June 5. Under this next phase, restaurants and gyms can offer limited indoor service, gatherings of up to 50 people will be permitted and entertainment venues can open with restrictions. For further details and guidelines, Executive Order 65, can be viewed here.

Forward Virginia Phase 1 

Executive Order 61 modifies public health guidance in Executive Order 53 and Executive Order 55 and establishes guidelines for Phase 1 which went into effect on May 15. The Governor has opened all public beaches in the state as long as guidelines are in place similar to those that Virginia Beach has implemented.

Gov. Northam issued Executive Order 63, requiring that everyone in the Commonwealth will need to wear a face covering inside any public building. Signage businesses may display to encourage the use of face covering for public safety is available here.

Exceptions to the directive include: 

  • While eating or drinking at a restaurant
  • While exercising
  • Those with a health conditions that keeps them from wearing a face covering
  • Children under 10

 

LOCAL 

Guidance and information from each of the Historic Triangle’s municipalities can be found below.

Greater Williamsburg Small Business Relief Fund

The City of Williamsburg Economic Development Authority (EDA) has partnered with the EDAs of York County and James City County, The Greater Williamsburg Partnership, and the Williamsburg Community Foundation to create the Greater Williamsburg Small Business Relief Fund. Qualifying businesses must be based in the Greater Williamsburg region, have operated for at least a year, employ three to 30 people, and be owned and operated by a Virginia resident. To apply for a $3,000 forgivable loan, visit va30dayfund.com.

 

Last Updated:  6/04/20