Nonprofit offers help to small businesses

Published 5:38 pm Monday, April 27, 2020

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ISLE OF WIGHT

The Isle of Wight Chamber of Commerce is alerting businesses of an offer by the Virginia 30 Day Fund.

The nonprofit Virginia 30 Day Fund was launched by Virginia technology entrepreneur Pete Snyder and his wife, Burson. Working with other business leaders throughout the Commonwealth, the Fund’s goal is to help save as many Virginia jobs as possible while small businesses await recently approved federal funding.

Virginia businesses that qualify for assistance from the Fund are:

  • Small businesses that employ three to 30 people;
  • Based in Virginia and have been operating for at least one year;
  • Owned and operated by a Virginia resident.

The funds distributed to small businesses by the Virginia 30 Day fund do not need to be repaid. If businesses who receive the Fund’s assistance do, at a later date, wish to “pay it forward” to another Virginia small business in need of assistance, they may do so by directing those dollars back to the Fund, which will distribute the funding to another Virginia business in need.

Apply now at www.va30dayfund.com.