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August 25, 2021

Financial Empowerment Center Celebrates One Year Since Launch

The Roanoke Financial Empowerment Center, a program of the City of Roanoke in partnership with Freedom First Enterprises and the national nonprofit Cities for Financial Empowerment Fund (CFE Fund), has helped Roanoke area residents reduce more than $375,000 of debt and save more than $65,000 since it opened last year. The Roanoke FEC provides one-on-one financial […]

April 28, 2021

SBA Restaurant Revitalization Fund

Registration for the Restaurant Revitalization Fund (RRF) will begin Friday, April 30 at 9 a.m. EDT and SBA will begin accepting applications via the application portal on Monday, May 3 at 12 p.m. EDT. The application portal will remain open to any eligible establishment until all funds are exhausted. For more information, read the press […]

March 5, 2021

City Partners with Freedom First to Bring CDBG-CV Grants to Local Microbusinesses

ln response to the economic hardships experienced by microbusinesses resulting from the COVlD-19 pandemic, the City of Roanoke, in partnership with Freedom First, has launched a small business relief grant program utilizing Community Development Block Grant – Coronavirus (CDBG-CV) federal funding.  This is a grant program created in response to businesses that are at-risk of […]

February 17, 2021

Roanoke Valley Saves Week – February 22 – 26, 2021

City of Roanoke to Host ‘Roanoke Valley Saves Week’ as Part of ‘America Saves Week 2021’   Promoting automatic savings to help people reach their financial goals   As part of “America Saves Week 2021,” scheduled for Feb. 22–26, the City of Roanoke is encouraging the Roanoke Valley community to take a moment to focus […]

January 13, 2021

The US Small Business Administration has reopened the federal Paycheck Protection Program

Attention all businesses, the US Small Business Administration has reopened the federal Paycheck Protection Program — the forgivable loan to help businesses survive during COVID. Applications must be submitted to a bank or other lender, not directly to the SBA. Previous recipients are eligible for a second loan. While lenders have not yet received all […]

August 14, 2020

Apply for CARES Act Funding

The City of Roanoke has established a $1 million Grant Fund to support small business recovery following the COVID-19 pandemic.  One-time grants of up to $12,000 are being provided to offset business impacts during the pandemic. The grant program will be administered by the City of Roanoke Department of Economic Development.   If you have […]

February 11, 2020

EDA Declaration of Emergency

DECLARATION OF EMERGENCY The Economic Development Authority of the City of Roanoke, Virginia (the “EDA”), is in the process of evaluating the audit work that has been submitted by the Roanoke certified professional accounting firm of Foti, Flynn & Lowen. The work in question comprises the 2017 and the 2018 audits of the EDA’s financial […]

August 25, 2021

Financial Empowerment Center Celebrates One Year Since Launch

The Roanoke Financial Empowerment Center, a program of the City of Roanoke in partnership with Freedom First Enterprises and the national nonprofit Cities for Financial Empowerment Fund (CFE Fund), has helped Roanoke area residents reduce more than $375,000 of debt and save more than $65,000 since it opened last year. The Roanoke FEC provides one-on-one financial […]

April 28, 2021

SBA Restaurant Revitalization Fund

Registration for the Restaurant Revitalization Fund (RRF) will begin Friday, April 30 at 9 a.m. EDT and SBA will begin accepting applications via the application portal on Monday, May 3 at 12 p.m. EDT. The application portal will remain open to any eligible establishment until all funds are exhausted. For more information, read the press […]

March 5, 2021

City Partners with Freedom First to Bring CDBG-CV Grants to Local Microbusinesses

ln response to the economic hardships experienced by microbusinesses resulting from the COVlD-19 pandemic, the City of Roanoke, in partnership with Freedom First, has launched a small business relief grant program utilizing Community Development Block Grant – Coronavirus (CDBG-CV) federal funding.  This is a grant program created in response to businesses that are at-risk of […]

February 17, 2021

Roanoke Valley Saves Week – February 22 – 26, 2021

City of Roanoke to Host ‘Roanoke Valley Saves Week’ as Part of ‘America Saves Week 2021’   Promoting automatic savings to help people reach their financial goals   As part of “America Saves Week 2021,” scheduled for Feb. 22–26, the City of Roanoke is encouraging the Roanoke Valley community to take a moment to focus […]

January 13, 2021

The US Small Business Administration has reopened the federal Paycheck Protection Program

Attention all businesses, the US Small Business Administration has reopened the federal Paycheck Protection Program — the forgivable loan to help businesses survive during COVID. Applications must be submitted to a bank or other lender, not directly to the SBA. Previous recipients are eligible for a second loan. While lenders have not yet received all […]

August 14, 2020

Apply for CARES Act Funding

The City of Roanoke has established a $1 million Grant Fund to support small business recovery following the COVID-19 pandemic.  One-time grants of up to $12,000 are being provided to offset business impacts during the pandemic. The grant program will be administered by the City of Roanoke Department of Economic Development.   If you have […]

February 11, 2020

EDA Declaration of Emergency

DECLARATION OF EMERGENCY The Economic Development Authority of the City of Roanoke, Virginia (the “EDA”), is in the process of evaluating the audit work that has been submitted by the Roanoke certified professional accounting firm of Foti, Flynn & Lowen. The work in question comprises the 2017 and the 2018 audits of the EDA’s financial […]