Small Business Grants - Virginia | Virginia Community Development Financial Institutions

Community Development Financial Institutions in Virginia

Learn More about CDFI's and Small Business Resources in Virginia see here

While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.

Small Business Grants in
Virginia

Community Development Financial Institutions fall into four categories:

Community Development Loan Funds
Community Development Credit Unions
Community Development Banks - Including Thrifts and Holding Companies
Community Development Venture Capital Funds

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CDFI

CDFI's in Virginia

123 New Market Investors, LLC
Great Falls

Business Seed Capital, Inc.
Roanoke

ECDC Enterprise Development Group
Arlington

Hampton Roads Ventures, LLC
Norfolk

Lynchburg Community Loan Fund
Lynchburg

Minerva Seed Fund
Fairfax City

NCB Capital Impact
Arlington

NCP Community Development Credit Union
Norfolk

Neighborhood Housing Services of Richmond, Inc.
Richmond

New Enterprises Fund, Inc.
Christiansburg

Norfolk Redevelopment and Housing Authority
Norfolk

Piedmont Housing Alliance
Charlottesville

Richmond Economic Development Corporation
Richmond

Shiloh of Alexandria Federal Credit Union
Alexandria

Solomon Hess SBA Loan Fund, LLC.
McLean

Southeast Rural Community Assistance Project, Inc.
Roanoke

Southside Development Enterprises, LLC
Portsmouth

Southwest Virginia Community Development Financing, Incorporated
Abingdon

Virginia Community Development Fund
Richmond

Virginia Community Development Loan Fund
Richmond

Featured Government Grant Resources

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The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.

Community Development Financial Institutions

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.