About The Virginia Smart Start Business Acceleration Grant

The Smart Start Business Acceleration Grant Program, facilitated by the Portsmouth Economic Development Authority, aims to bolster established small businesses in Portsmouth, Virginia. This initiative provides financial assistance to propel growth and expansion within the local entrepreneurial and small business community.

Important Details

• Application Deadline: April 30, 2024
• Link to Application: Smart Start Business Acceleration Grant Application
• Donor Name: Portsmouth Economic Development Authority
• State(s): Virginia
• Grant Duration: Duration Not Mentioned
• Grant Amount: $1000 to $10,000 (Maximum grant amount: $5,000)
• Qualification Criteria:
  • Established for-profit small businesses and non-profit organizations based in the City of Portsmouth.
  • Operating for 3-7 years with a City of Portsmouth business license.
  • Employing 10 full-time equivalents (FTE) or fewer positions.
  • Current with City of Portsmouth taxes and fees.

Taking Action

Act swiftly to seize this valuable opportunity for your business’s growth. Ensure eligibility and submit your application before the April 30, 2024 deadline. Additionally, spread the word about this grant among your network of fellow Latino entrepreneurs to maximize its impact and support within the community.