You may have seen news yesterday that the Virginia 30 Day Fund officially launched by my good friend Pete Snyder and his wife Burson. This is a private-sector driven, forgivable loan opportunity for small businesses that need a cash infusion during this COVID-19 crisis.
Members of our InvestSWVA team, including our leadership, are financially supporting this initiative, and Pete Snyder has asked that we join the Advisory Board, help recruit Southwest Virginia businesses in need and advise on applications.
On behalf of our leadership team, I invite you to share this opportunity with your networks, so that we can ensure Southwest Virginia is well represented among the many businesses that will receive support across the Commonwealth.
As you know, the Payroll Protection Program rolled out last Friday has presented many challenges to businesses seeking forgivable loans with federal dollars. On the other hand, the Virginia 30 Day Fund application process is simple. Everything you need to know about the Fund can be found at https://va30dayfund.com.
Moreover, our team continues to be engaged with our federal representatives — Congressman Morgan Griffith, Senator Tim Kaine and Senator Mark Warner. Their local and DC teams have been extremely responsive and sincerely helpful despite being inundated with requests for assistance. We appreciate everything they are doing right now to help small businesses survive and ultimately thrive.
Let me know if you have any questions or would like to discuss this further. Thank you for your help in spreading the word.
Will Payne, Managing Partner
Coalfield Strategies, LLC
InvestSWVA Campaign Director