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Find similar grantsCapital Access Program is sponsored by Norfolk Department of Economic Development. The Capital Access Program (CAP) offers affordable financing solutions to entrepreneurs and small to mid-sized businesses in Norfolk that may not qualify for traditional funding. It provides reimbursable grant funding for eligible businesses.
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Norfolk Development Programs Norfolk Development Programs Capital Access Program Application Dates: CAP Grant Application Round Opens: Tuesday, July 21, 2026 @ 8:00 AM Closes: Tuesday, August 18, 2026 @ 12:00 PM (noon) To apply for the Capital Access Program, you MUST upload the CAP Grant Workshop Completion Certificate.
Capital Access Program Available Products: Years in Business: One to three (3) years from business formation date Stage of Business: No less than one year of documented revenues Business owner is low-to-moderate income (LMI) at time of submission Employee Count: Must have no more than 5 employees (including business owners) Years in Business: Two (2) to five (5) years from business formation date Stage of Business: No less than 2 years of documented revenues Business owner must be low-to-moderate income (LMI) at time of submission Employee Count: Must have no more than 5 employees (including business owners) Years in Business: Three (3) through ten (10) years from business formation date Stage of Business: Minimum of 2 (two) years of documented revenues Business must hire 1 full-time LMI Norfolk resident Employee Count: Must have no more than 50 employees Business must have documented hiring experience Geographic Requirements: In order to be eligible for program funding, the applicant must be a City of Norfolk business.
Businesses must have a current City of Norfolk Business License and/or proper City licensing/permits/zoning and/or coding in place prior to submitting the application.
Eligible Applicant Organizational Type: For-profit entities: Sole Proprietorships, General Partnerships, Limited Partnerships (LP), Limited Liability Partnerships (LLP), Corporations (Inc., Corp.), Limited Liability Companies (LLC) Ineligible Applicant Organizational Type: • Not-for-profit and Faith-based organizations. • Political Organizations.
• Adult bookstores, adult video shops, other adult entertainment facilities, gambling facilities, blood or plasma donor centers, and pawn shops. Businesses must meet the following conditions to be considered: • In most cases, business must demonstrate a benefit to a low-to-moderate income community or individuals. • Business and owner must be in good standing with the City of Norfolk, State of Virginia and Internal Revenue Service.
• No outstanding violations or citations with the City of Norfolk within one year of application. • Business must be formed or incorporated before application is submitted.
Additional Eligibility Information: Business owners who are employees of the City of Norfolk, elected or appointed officials or officers of the City of Norfolk, employees or board members of the City of Norfolk Economic Development Authority are not eligible to apply to the Program.
According to the current listing, eligibility includes: For-profit small businesses located in the City of Norfolk. Business owners must have a current City of Norfolk Business License and be up-to-date on all taxes, permits, and fees. Confirm the full requirements in the official notice before applying.
The published deadline was August 18, 2026, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Capital Access Program is funded by Norfolk Department of Economic Development. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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