The City of Richmond has approved the first wave of grant awards for the Richmond Recovers Grant Program. 123 applicants were notified of their approved grant applications and will receive a total of $1.32 million in grant funding.  Of the 123 approved grant recipients, 42 are restaurants and nine are non-profit organizations. The city allocated three million of its CARES Act dollars to fund the grant program. “This grant program is providing much needed financial relief to small businesses and non-profit organizations that have lost revenue due to COVID-19,” said Mayor Levar Stoney. “We will continue our efforts to make more financial resources available to help our Richmond businesses.” The Richmond Recovers Grant Program still has $1.68 million to award. The Department of Economic Development is working with grant applicants to ensure that all of the required information is submitted in order for their application to be evaluated. “Nearly 500 grant applications were started usin...

  The City of Richmond has received a grant from Capital One through the company’s recently launched Impact Initiative, a program that seeks to close gaps in equity and promote social and economic opportunity in the Richmond region.  The support from Capital One will help the city fund an equity study, equity and inclusivity training for city staff, and the development of action plans to operationalize solutions throughout city policies, practices and procedures.  “Our goal is to normalize racial equity and justice within city conversations, work and culture and operationalize them so that equity and justice are visible in everything our city does,” said Mayor Stoney. “We are truly grateful for the support of partners like Capital One helping to expand our capacity to do this critical work.” “Richmond was once the second largest epicenter of the domestic trading of enslaved Africans, served as the former capital of the confederacy and was a stalwart of Massive Resistance,...