In the News

The Tenth Annual Washington County Business Challenge, a competitive six-week training program, will begin on January 17, 2023, and award over $36,000 in funds and services to startups and expanding businesses within the towns of Abingdon, Damascus, Glade Spring, and Washington County, Virginia.   The Challenge’s mission is to foster small business development and job opportunities around Washington County. Over 90 business owners have participated in this program over the past nine years, with 73% still …

In Virginia’s Piedmont Region, a few miles east of Charlottesville, fleets of trucks loaded to the brim roar around the corner toward van der Linde Recycling and Container Rentals. They are received on a loop by a large crew in fluorescent colors, steel-toed boots, and respirator masks. Enormous amounts of metal, plastic, rock, and the remains of other construction projects across the state are ready to be sorted and repurposed. This is the work of …

Together with community partners, Virginia Community Capital and the Hard Rock Casino Bristol are pleased to announce that five winners have been selected for the Southwest Virginia Regional Bristol Casino Pitch Contest. Winners include:  Anne Vaughan Designs – Floyd County  Beagle Ridge Herb Farm – Wythe County  The Orange Bandana – Montgomery County  The Pakalachian Truck – Washington County  Virginia Mountain Vineyards – Botetourt County 

Truist has committed $7 million to support BIPOC- and women-led businesses Virginia Community Capital (VCC) has received a $7 million investment from Truist to support VCC’s Economic Equity Fund, a loan fund expanding access to capital and technical assistance for small business owners who are women and/or Black, Indigenous, or People of Color (BIPOC). The fund is a statewide resource, available to eligible borrowers in the Commonwealth of Virginia. VCC is a statewide community development …

Together with community partners, Virginia Community Capital and the Hard Rock Casino Bristol are pleased to announce that ten finalists have been selected to compete in the final round of the SWVA Regional Bristol Casino Pitch Contest. Finalists include: Alpha Lit – Washington County Anne Vaughan Designs – Floyd County Beagle Ridge – Wythe County Clinch Life Outfitters – Wise County Clinch Valley Printing – Tazewell County Rising Sun Breads – Henry County Stormbrew Farm …

NORFOLK, Virginia – November 2, 2022 – Virginia Community Capital (VCC) has received a $100,000 investment from Dollar Bank to bolster technical assistance for small business owners who are women and/or Black, Indigenous, or People of Color (BIPOC). The funding will specifically support VCC’s services in the Hampton Roads region through the organization’s Economic Equity Fund. VCC is a statewide community development financial institution (CDFI) that serves low-to-moderate-income communities in Virginia. VCC’s Economic Equity Fund …

Virginia Community Capital (VCC) was recently chosen to receive a one‐million‐dollar impact investment toward its new Affordable Housing Loan Fund by the Community Foundation for a greater Richmond. The revolving loan fund will provide access to low‐cost capital for mission‐driven developers working to meet the growing need for affordable housing in the Richmond area. According to a recent report, Virginia has a shortfall of more than 200,000 affordable homes; nearly 20% of which are in …

Virginia Community Capital (VCC) was named a recipient of Emergency Capital Investment Program (ECIP) funding by the U.S. Department of the Treasury on Tuesday. VCC qualified to receive $36.4 million and is one of three financial institutions in Virginia to be awarded.

Did you know healthy food access is one of VCC’s focus areas? We provide financing and technical assistance to support healthy food retailers, suppliers, and producers in urban and rural Virginia communities. At VCC, we know being able to secure healthy, fresh food is one of the social determinants of health; without it, a family or community has a barrier to the quality of life they deserve. Lauren DeSimone, Community Innovation Advisor, leads VCC’s food …

Virginia Community Capital (VCC) has announced the hiring of Amir Kirkwood, formerly of Opportunity Finance Network (OFN), as its new president and CEO. In January, founding executive director Jane Henderson announced her plans to retire after four decades in the banking industry.