Grant · Economic Development

TRRC/VSBFA Lending Partnership Program

revitalizeva.org (opens in a new tab)Catalog updated

No deadline listed
Amount
$20,000,000
Program type
Grant
Field
Economic Development
Eligible career stages
Not listed

About this program

The Virginia Tobacco Region Revitalization Commission, in partnership with the Virginia Small Business Financing Authority, plans to deploy up to $20 million in loans to support economic development and job creation in Southern and Southwest Virginia’s Tobacco Region. Financing may support economic development organizations, agribusiness, drone technology, maritime and shipbuilding supply-chain businesses, and energy projects. Eligible applicants include creditworthy businesses and economic development organizations operating in or benefiting the Tobacco Region, particularly those addressing capital gaps where commercial lending is not readily available. VSBFA staff conduct credit analysis and underwriting, and applicants should contact Commission staff for more information.

In FundFit

Full eligibility

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These details are in FundFit.