About The Grant
The 2026 Smart Start Business Development Grant Program aims to support new and recently established small businesses and non-profit organizations based in Portsmouth, Virginia. By providing financial assistance, the program seeks to foster the local economy by helping entrepreneurs access essential services and equipment needed to launch and grow their businesses.
This grant can be used for various purposes, including professional services related to legal, financial, and marketing needs, as well as investments in technology, equipment, and business furniture. By focusing on small businesses with fewer than 10 employees, the program is designed to empower those who are first entering the market and need additional support in their formative years.
Important Details
- Application Deadline: October 31, 2025
- Link to Application: Apply Here
- Donor Name: Portsmouth Economic Development
- State(s): Virginia
- Grant Duration: Grant Duration Not Mentioned
- Grant Amount: $1,000 to $10,000
- Qualification Criteria: Eligible applicants include new and recently established for-profit small businesses and non-profit organizations with operations based in Portsmouth, Virginia. Businesses must have been in operation for 0-3 years, have 10 or fewer full-time equivalent positions, and must be current with City of Portsmouth taxes and fees. Co-working businesses must provide proof of Portsmouth residency.
Taking Action
Latino small business owners are encouraged to apply for the 2026 Smart Start Business Development Grant Program. This is a fantastic opportunity to receive financial support for your business endeavors. Don’t forget to share this opportunity with your network so that others can benefit as well!
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