Rebuild VA Grant Fund

The Rebuild VA Grant Fund is a program to help small businesses and nonprofits whose normal operations were disrupted by COVID-19. 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 Rebuild VA program has been capitalized with $70 million and will provide assistance to approximately 7,000 businesses and nonprofits. Half of the program funds will be distributed to eligible small businesses and nonprofits operating in low-income and economically disadvantaged communities, including ensuring there is an adequate representation of minority-owned and women-owned businesses.

The application is due August 10th, 2020. You can visit for more information.

The business or non-profit must be organized as one of the following:

  • A 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), 501(c)(7) or 501(c)(19) organization;
  • A sole proprietorship; or
  •  An independent contractor

The business or non-profit must also fall within one of the following business categories:

  • Restaurant and Beverage Services
  • Non-essential Brick and Mortar
  • Retail Fitness and Exercise Facilities
  • Personal Care and Personal Grooming Service
  • Entertainment and Public Amusement
  • Private Campgrounds and Overnight Summer Camps

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 expenses are eligible uses of the Rebuild VA grant funds (for expenses incurred between March 24, 2020 and present):

Payroll support, including paid sick, medical, or family leave, and costs related to the continuation of group health care benefits during those periods of leave;

  • Employee salaries;
  • Mortgage payments, rent, and utilities;
  • Principal and interest payments for any business loans from national or state-chartered banking, savings and loan institutions, or credit unions, that were incurred before or during the emergency;
  • Eligible personal protective equipment, cleaning and disinfecting materials, or other working capital needed to address COVID-19 response

Applicants must include the following supporting documentation with their application:

  • SCC Certificate of Good Standing;
  • Incorporation documents for your business or non-profit;
  • Current Owner Photo ID (e.g., VA Driver’s License, VA Real ID, Permanent Resident Card, Passport);
  • Copies of 2019 Federal Income Tax Returns, and 2020 interim financial statement. If your 2019 Federal Income Tax Return has not been filed, a year-end profit-and-loss statement and balance sheet for 2019;
  • Commonwealth of VA Substitute W-9 form;
  • Documentation demonstrating qualifying salary or payroll; and
  • Supporting expense documentation (mortgage statement, lease agreement, utility bills, invoices, etc.).

Again, this application is due on August 10th. 

For AMR News, I’m Abby Dufour 


Story By

Abby Dufour

Current Weather