Rapid Response Funding Available Through Shenandoah Valley Workforce Development Board

The Shenandoah Valley Workforce Development Board has received Rapid Response funding from the Governor, though the Workforce Innovation and Opportunity Act, to assist employers eligible to remain open during this emergency. Funds are reserved for small businesses (250 employees or less) and may be used to clean facilities, support emergency needs, and for innovative layoff aversion strategies. The grant will support layoff aversion strategies and activities designed to prevent, or minimize the duration of unemployment resulting from layoffs due to COVID-19. Additional information can be found here: Virginia Rapid Response COVID-19 Business Support Initiative. Grant application deadline is Friday, April 10th at 5:00 pm.

As you wade through the various options for your business, feel free to use these two documents to help explain the SBA’s offerings:
SBA EIDL and PPP Comparison Table
SBA EIDL Fact Sheet

Immerge, a division of McClung Companies located in Harrisonburg, has created a free website to showcase local businesses in the Shenandoah Valley. They are inviting any interested businesses to submit information to this website, which will serve as a community resource: https://www.shoplocalshenvalley.com/

Please remember to keep checking our website for other Recovery Resources, and we ask that you take a moment to fill out our Business Assessment Survey.

As always, we are here to help. Feel free to reach out via email staff@waynesborobusiness.com or give us a call at (540) 942-6779 if you have any questions.