CARES Business Recovery Program Assists Local Small Businesses

September 23, 2020

The City of Lynchburg CARES Business Recovery Grant Program is a fund to offer financial assistance to businesses whose operations were either closed or restricted in response to the novel coronavirus. The first round of funding was aimed at businesses that were forced to temporarily cease or limit operations due to Executive Order 53. The Office of Economic Development & Tourism has expanded the eligibility to serve more in the Lynchburg business community, including smaller businesses with gross revenues between $50,000 and $100,000 and those considered “essential” but still suffered financial losses. 

One business participating in the CARES Business Recovery program is BS Grillin’ Company, owned by A.J. Richards (better known locally as Chef A.J.). A.J. founded her company out of love for cooking and a need to create a safe product that her entire family could eat due to extensive food allergies. Now in business for 7 years and sold at many local grocery stores, A.J. had recently expanded her market to include local colleges and universities. With the suspension of in-person classes on many campuses, she has had to limit her expansion plans this spring and fall. She has also incurred losses due to the cancellation of local festivals and events, where she usually has a busy fall season. A.J., however, is resilient, and has been able to adapt to these ever changing circumstances. With the CARES grant funding, she plans to re-introduce a product that has been out of stock during this time. Listen in to our conversation below.

The City of Lynchburg CARES Business Recovery Grant Program is a fund to offer financial assistance to businesses whose operations were either closed or restricted in response to the novel coronavirus. The first round of funding was aimed at businesses that were forced to temporarily cease or limit

As part of the CARES Business Recovery Program, the Office of Economic Development & Tourism has partnered with the Small Business Development Center – Lynchburg Region to offer wraparound support services, including 1:1 business consultations and industry specific training. We sat down with Executive Director Stephanie Keener to learn more about the SBDC and what businesses receiving CARES support can expect. 

The City of Lynchburg CARES Business Recovery Grant Program is a fund to offer financial assistance to businesses whose operations were either closed or restricted in response to the novel coronavirus. The first round of funding was aimed at businesses that were forced to temporarily cease or limit

To find out more and apply for your business or organization, click the link below, and email info@opportunitylynchburg.com with any questions!

Apply Now!

This program is administered by the Office of Economic Development & Tourism and the Economic Development Authority (EDA) of the City of Lynchburg through an allocation of the City of Lynchburg Coronavirus Relief Funds provided through the federal CARES Act.

 

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