The Small Business Water Recovery Grant Fund provides financial assistance to small businesses significantly impacted by the January 2025 water outage in Richmond, VA.
Donor Name: Metropolitan Business League Foundation
State: Virginia
City: Richmond
Type of Grant: Grant
Deadline: 03/28/2025
Size of the Grant: Not Available
Grant Duration: Grant Duration Not Mentioned
Details:
This grant fund is designed to help businesses recover from financial losses caused by service disruptions, including temporary closures, reduced operations, and unexpected expenses. Below is the official timeline for the application, review, and award process.
Eligibility Criteria
To be eligible to apply for the Small Business Recovery Grant Fund, applicants must meet the following criteria:
- Small Business Status:
- To be classified as a small business for the grant fund, a business must have an annual revenue of less than $3 million.
- Location:
- The business must have a physical place of business located within a commercial space in the City of Richmond.
- Applicants will need to provide proof of this requirement, such as a current lease agreement or a certificate of occupancy/zoning compliance. Home-based businesses are not eligible to apply.
- Water-Dependent Industry
- The business must belong to an industry or sector that is dependent on water for its primary functions. Eligible sectors include, but are not limited to:
- Restaurants, bars, and caterers
- Personal services (e.g., hair and nail salons, barbershops, private gyms, spas, massage therapy)
- Laundromats and dry cleaners
- Event facilities
- Pet-related businesses (e.g., grooming, veterinary services)
- Car washes
- Water-dependent manufacturers (e.g., breweries)
- Water-dependent medical services (e.g., dentists)
- Childcare services
- Florists.
- The business must belong to an industry or sector that is dependent on water for its primary functions. Eligible sectors include, but are not limited to:
For more information, visit MBLF.
