The Fredericksburg Economic Development & Tourism office is partnering with the UMW Small Business Development Center to host a webinar next week on the $28.6 billion Restaurant Revitalization Fund (RRF) geared toward City restaurant owners and other eligible businesses.
The webinar will be on Wednesday, May 12 at 9 a.m. It will be led by Martin Short, Lead Economic Development Specialist & Public Information Officer for the U.S. Small Business Administration’s Virginia-Richmond District Office. He will provide the latest details and information on the RRF program while answering questions live.
The SBA portal opened Monday for applications. Although $28.6 billion seems like a lot of money, these funds will go fast when considering the impact of the pandemic on a national level. Funds will be awarded first-come, first-serve, with priority being given for the first 21 days to women-owned, veteran-owned, and socially and economically disadvantaged businesses.
If you need further assistance or have a question, please contact Paige Shiplett at (540) 654-1383 or Amy Peregoy at (540) 372-1216.