Virginia Venture Partners Grants

Purpose: The Pollution Control Tax-Exempt Bond Financing Program facilitates low cost capital through private activity, tax-exempt bonds. The securities pay for acquisition, construction or installation of qualified pollution control, water furnishing, waste disposal, waste recovery facilities and equipment. Tax-exempt bond financing assists qualified borrowers to obtain lower interest rates than are available through conventional loans. Description: CPCFA acts as a conduit issuer in the transaction. The bonds are issued to raise capital for revenue-generating projects where the funds are used by the borrower to make payments to investors. The conduit financing is typically backed by either the borrower's credit or monies pledged to the project by outside investors. If the project fails and goes into default, it is solely the borrower's responsibility to repay the bondholders.

October is National Women’s Small Business Month and BankUnited would like to recognize women-owned small businesses in our communities. If you’re a woman business owner in Florida, New York or Texas, we invite you to enter the contest by completing the online application form and submitting a 3-minute video telling us about your business and how your business would benefit from $15,000. Ten semi-finalists will be selected from all eligible entries and will have the opportunity to present their business during the first round of judging at a live event in Fort Lauderdale, FL

The Athens Downtown Development Authority (ADDA) Janey Mae Cooley Memorial Façade Grant Program is intended to stimulate investment in the revitalization and preservation of building exteriors in Athens’ historic downtown area, the heart of the Athens Historic District and a source of pride for our community. Matching funds are made available for eligible improvements to business facades that are easily visible and in public rights-of-way, such as those that face a public street or a parking area. Improvements must preserve the individual character of each building with its unique features, historic appearance and significance, as well as make a contribution and impact to the appeal of the downtown area.

Virginia Enterprise Zone Job Creation Grants incentivize businesses that bring jobs to areas falling within defined Enterprise Zones. Eligible companies may claim grants for up to 350 jobs per year and must create over four full-time jobs to qualify for a five-year grant period. Awards are per-employee and range-based on the salary offered, benchmarked against the federal minimum wage or the Virginia minimum wage, whichever is higher. For jobs providing 150% of the minimum wage, companies receive up to $500 per worker. Those offering 175% of the minimum wage get up to $800 annually per worker. In areas with high unemployment, companies can receive a defined grant of $500 for jobs paying 125% of minimum wage and $800 for jobs paying 175%.

The VCEDA Telehealth Fund is a grant fund established to help address telehealth and telemedicine needs in the VCEDA region. For-profit and nonprofit entities and industrial or economic development authorities in the VCEDA region are eligible to apply for funds from the VCEDA Telehealth Fund. Available funding is based upon annual appropriation from the Virginia General Assembly. Grant funds provided by VCEDA under this program must be used for initiatives intended to address telehealth and telemedicine needs in the VCEDA region.