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CEO Message: COVID-19

April 1, 2020 | Other

To our clients, partners, and friends, First, we want to recognize this is likely one of many messages you have recently received from organizations regarding the global coronavirus outbreak. After uncertainties seen in global markets during the past two weeks, we felt a responsibility to provide an update specific to any partnership or affiliation you have with Virginia Community Capital. In summary: At VCC, we are adapting to uncertain market conditions, keeping our people safe and …

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Additional Resources

March 23, 2020 | Other

Small Businesses and Nonprofits Dear Non-Profits, Small Businesses, Artists, Freelancers, Gig Workers, Self-Employers, Part-Timers, and Solo Shop Warriors Wondering What’s Next: This Money is For You. Please Take It. Bristol Herald Courier: Program to offer loans to help downtown Bristol businesses survive pandemic 5 Easy Tips for Maintaining Customers While You Are Closed (and maybe even make a little $$) Mancuso Entertainment: Take advantage of making social media content during the quarantine (Paid Resource). Should …

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Online Events and Webinars

March 23, 2020 | Other

Take a look at the webinars hosted by community partners and state agencies scheduled over the coming days that you are invited to share with your businesses regarding COVID-19 and staying productive: Understanding and Mitigating Supply Chain Risks Remotely | April 2,  12:15 PM – 1:15 PM EST from the SBDC- Lynchburg Region  Register Here CDFA Food Financing Webinars Disaster Recovery for the Food System – April 16, 2020  The Landscape of Food Systems Finance …

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Federal and State Resources

March 23, 2020 | Other

Federal  Resources The Small Business owner’s Guide to the CARES Act SBA Disaster Loan information U.S. Small Business Administration Loan Application Documents for SBA Loan Listed Eligible States for SBA disaster Loans Unemployment Benefits Website by Department of Labor SBA resource for COVID-19 and small businesses Center for Disease Control and Prevention COVID 19 Site Resource for Veterans, Active Duty, Reserve, or National Guard Service Members who are experiencing financial difficulties related to the effects of the COVID-19 pandemic. State …

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Virginia Community Capital awarded $800,000 grant to assist coal-impacted Southwest Virginia

February 13, 2017 | Other

The grant will help our organization support a loan fund with technical and economic assistance to small businesses. Virginia Community Capital Inc. (VCC) announced today an $800,000 grant from the Appalachian Regional Commission (ARC). In this 2017 round of funding, the ARC awarded three groups more than $3 million to promote manufacturing, higher education, and workforce development programs in Southwest Virginia. VCC, a community development financial institution (CDFI), will use its ARC grant to support the …

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VCC: America’s First Benefit Corporation Bank

April 3, 2016 | Other

“As the first regulated bank in the U.S. to become a Benefit Corporation, VCC has set a new model for the financial industry. We know that this is just the beginning as more and more banking institutions follow suit to become forces for good in their communities.” Rick Alexander, Head of Legal Policy, B Lab Virginia Community Capital has converted its wholly-owned, FDIC insured, for-profit bank into a Benefit Corporation, and it is the first …

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