The Counties of Floyd, Giles, Pulaski, and Montgomery have jointly established a regional $1.6 million fund, known as the New River Valley Small Business Relief Program to support the region’s small business recovery and resiliency efforts following the COVID19 outbreak. Funds for this program have been provided by Virginia’s Department of Housing and Community Development as part of a Community Development Block Grant award to assist localities mitigate the impacts of COVID-19 on the regional economy. Due to this funding source, we are unable to offer funds to businesses based in the towns of Blacksburg and Christiansburg, as well as the City of Radford.
Funds of up to $15,000 are being provided to eligible businesses within the region to offset business impacts. This program will be administered by Giles County, on behalf of its neighboring communities, under the oversight of a regional Application Review Committee and Project Management Team.