The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers.

At their regular meeting on December 16, 2020, the Board of Supervisors voted unanimously to provide funding to the Chesterfield County Economic Development Authority (EDA) for the pursuit of future economic development opportunities.

Applications for the third round of “Back in Business” grants are now being accepted. Applications will close at 5 p.m. on Friday, November 20, 2020.  Applications will be accepted through a secure online portal at https://webportalapp.com/sp/chesterfieldbib

Round 3 of the county’s “Back in Business” Grants will open November 12, 2020. New criteria will enable the grants to be available to a broader segment of Chesterfield’s small businesses, including non-profits. Round 3 will also allow for a larger range of annual gross revenues to qualify. Grants in Round 3 will be awarded on a sliding scale, based on annual revenues.

Devon USA has announced the start of the construction of a new 133,039 SF building on Bellwood Road in Chesterfield County, Virginia. DuPont Specialty Products USA will lease the new facility.