In the News

SWVA Regional Bristol Casino Pitch Contest Winners are Announced 

December 9, 2022 | In the News

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 

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Truist invests in Virginia Community Capital’s Economic Equity Fund

November 21, 2022 | In the News

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 …

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SWVA Regional Bristol Casino Pitch Contest Finalists are Announced

November 10, 2022 | In the News

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 …

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Virginia Community Capital and Dollar Bank partner to support technical assistance needs

November 2, 2022 | In the News

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 …

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Community Foundation for a greater Richmond Makes First $1M Impact Investment in VCC’s Affordable Housing Loan Fund

August 26, 2022 | In the News

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 …

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Healthy Food Access Funding Opportunities

October 7, 2021 | In the News, Other

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 …

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Virginia Community Capital announces new CEO

September 21, 2021 | In the News

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.

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Introducing the Reimagine Together storytelling series

July 9, 2021 | Impact Stories, In the News

Virginia Community Capital and LOCUS Impact Investing are excited to launch Reimagine Together, a storytelling series to celebrate VCC’s 15-year anniversary. Throughout the summer and into the fall, VCC will be sharing stories of mission-driven projects and partnerships from throughout our history. Thanks to the help of many likeminded collaborators, these multimedia stories will cover the community impact we’ve supported in various areas, including affordable housing, job creation, entrepreneurship, healthy food access, impact investing, and more. We’ll discuss how the …

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VCC joins Senator Mark Warner to discuss new CDFI funding with small business owners

July 9, 2021 | In the News

On July 2nd, Senator Mark Warner hosted an event in Richmond to discuss the recently announced U.S. Treasury award of $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) nationwide. VCC welcomed the Senator at Home Team Grill in the Fan district of Richmond, alongside some of our clients and collaborators. Those in attendance met VCC partners including Bon Air Soap Company, Reliable Tax, Virginia LISC, The Jackson Ward Collective, The …

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