Northam Proposes 353 Million Dollars To Kick Start Small Business Recovery In Commonwealth

Virginia Governor Ralph Northam is proposing to invest 353 million dollars in American Rescue Plan Funding to accelerate small business recovery in the Commonwealth. Northam wants to invest 250 million dollars in the Rebuild Va economic recovery fund, 50 million for Virginia Tourism Corporation initiatives, and another 53 million dollars for other small business including Industrial Revitalization Fund and Virginia Main Street program. Northam says Virginia is roaring back stronger than we could have imagined one year ago, but indicated small businesses are the backbone of the economy, and those businesses need additional support to get back on their feet.