Coronavirus Business Assistance

Links to assistance for businesses during the coronavirus situation

Links to assistance for businesses during the Coronavirus situation are below. We will be updating this page regularly so be sure to check back. We know this is a large amount of information to sort through, and it’s also ever-evolving. If you have questions about how your business can gain access to these assistance programs, e-mail Bill Freehling, director of economic development and tourism for the City of Fredericksburg. Mr. Freehling will attempt to answer the question or direct you to the right place.  

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Local, State and Federal News and Updates

Financial Resources

  • The City of Fredericksburg has a grant program that helps restaurants purchase heaters and other furnishings needed to extend the outdoor dining season.
  • The Rebuild VA Grant Fund provides grants to Virginia small businesses impacted by COVID-19.
  • The US Small Business Administration (SBA) provides help to small businesses with free business counseling, SBA guaranteed business loans, home & business disaster loans and federal contracting. The agency has developed a Coronavirus (COVID-19) Small Business Guidance and & Loan Resources webpage with information on all of its related programs. Visit the SBA disaster assistance page for details on disaster assistance programs. Visit the SBA Disaster Loan Applications page to find out how to apply for SBA Disaster Loans. Visit the streamlined SBA application page if you are interested in applying for the Economic Injury Disaster Loan.
  • SBA Coronavirus Relief Options 
  • The Federal Reserve has announced the creation of a Main Street Business Lending Program Facility The program will support small and mid-sized businesses that were in good financial standing before the public health crisis. It will ensure credit flows to small and mid-sized businesses that may not have been supported through the Paycheck Protection Program of the Fed’s other lending facilities. An eligible borrower is a business with up to 10,000 employees or up to $2.5 billion in 2019 annual revenues. Eligible lenders may originate new loans or increase size of existing loans to businesses through the Main Street Business Lending Program. Loan amounts will range from $1 million to $150 million and will mature in 4 years.
  • The Virginia 30 Day Fund offers assistance to small businesses in Virginia. The goal is to help save as many Virginia jobs as possible while small businesses await recently approved federal funding. The funds do not need to be repaid. Businesses that qualify are small businesses that employ three to 30 people; based in Virginia and have been operating for at least one year and owned and operated by a Virginia resident.
  • National Restaurant Association Educational Foundation’s and Restaurant Employee Relief Fund offers grants to restaurant industry employees who have been impacted by COVID-19.  
  • Facebook Small Business Grants Program
  • The City of Fredericksburg Economic Development Authority (EDA) offers a small business loan program called InvestFXBG that is available to qualified Fredericksburg businesses.
  • Fredericksburg Virginia Main Street offers resources for downtown Fredericksburg businesses located within the designated main street boundaries.
  • Virginia Commission for the Arts with support from the National Endowment for the Arts offers a Virginia CARES Emergency Relief Grant to help save jobs in the arts sector.

Additional Resources

Business Recovery and Reopening

  • View Virginia Governor’s Executive Orders and Directives related to COVID-19. 
  • The Department of Labor and Industry’s Virginia Occupational Safety and Health (VOSH) Program and the Virginia Safety and Health Codes Board have adopted an emergency temporary standard related to COVID-19, §16VAC25-220, effective July 27, 2020.  Visit the website for Text of the Regulation, Education, Compliance requirements and other important information. This standard applies to almost all Virginia employers, both public and private.  
  • Visit Forward Virginia to learn more about Virginia’s guidelines for all business sectors reopening.
  • View the Virginia Small Business Development Center Business Recovery webpage, which is designed to help owners carefully plan for and execute their new business strategy.
  • Other commercial and property stakeholders have developed guidance.  Check out how others are approaching easing of restrictions for ideas related to best practices:  
  1. Simon Properties Key Tenant Guidelines
  2. Simon Properties COVID-19 Protocols
  3. Cushman & Wakefield How-to-Guide for Reopening Your Workplace
  4. National Retail Federation’s Operation Open Doors Checklist
  5. National Restaurant Association’s COVID-19 Reopen Guidance
  6. Operational Adjustments section of the Streetsense Restaurant Report
  7. International Council of Shopping Center’s COVID-19 Re-Opening Best Practices
  8. Warren Whitney Management Consulting “How to Keep Employees Engaged While Planning for Uncertainty”

Business Assistance and Counseling

Virtual Learning and Webinars—Live and Recorded

Real Estate Insights

Economic/Business Climate

  • Chmura provides free data through its COVID-19 Vulnerability Index describes impacts to help inform decision making and on its webpage.  

Other

For more information or assistance please e-mail Bill Freehling, director of economic development and tourism for the City of Fredericksburg.