COVID-19 Small Business Grant Program


Following a successful first round of COVID-19 relief grant funding, the City of Petersburg has opened a second round application process for local small businesses. The second round of the COVID-19 small business grant program is funded by the CARES Act. 

With the goal of providing direct financial relief to businesses significantly impacted by COVID-19, the first round saw 166 total applicants. Overall, $212,750 was awarded to 78 local small businesses across all seven Wards in Petersburg.

For the second round, awards will range from $1,500 to $10,000. The second round application deadline is Friday, October 30th at 5pm.  Done Editing

The second round application process is now closed. 

Eligibility for second round funding requires that the business: 

    Pays taxes to the Commissioner of the Revenue and has a valid business license

    Is headquartered in Petersburg and has been operational for at least 12 months (at least by 8/1/2019)

    Has a Gross Annual Revenue of at least $25,000

    Employs 30 Full-Time Employees (FTE) or fewer

Businesses that are not eligible for relief:

• Businesses or franchises not headquartered in the City of Petersburg

• Independent Contractors in network marketing or on gig platforms

• Businesses engaged in speculation or investment in rental real estate

• Business deemed “Ineligible Businesses” under SBA guidelines

Business owners with multiple businesses can only receive one grant. 

Click here to view first-round awardees