EDA Ramps Up Support for Small Businesses

The City and Economic Development Authority established a grant program to support local small businesses impacted by the pandemic. The COVID-19 Small Business Resiliency Grant provided one-time financial assistance to eligible for-profit businesses in Newport News, in amounts not to exceed $5,000. Grant funding was awarded on a first-come, first-served basis.

Following the success of the COVID-19 Small Business Resiliency Grant program, the Newport News Economic Development Authority established two new grants — the Back to Business Grant (up to $5,000) and the Grow Your eBusiness Grant (up to $2,500) — to provide ongoing support to eligible for-profit small businesses in Newport News affected by COVID-19.