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VA: Virginia Small Business Financing Authority (VSBFA)

Virginia Economic Development PartnershipGRANTSTATEEquity-Free
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Amount
$10,000,000
Deadline
Open
Bootstrap Score
6/10
Complexity
7/10

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About This Opportunity

The Virginia Small Business Financing Authority (VSBFA) offers debt financing, including tax-exempt bonds and economic development loans, to small businesses and nonprofits in Virginia. These funds support projects like land acquisition, construction, equipment purchases, and working capital, aiming to foster economic growth and job creation across the Commonwealth.

Eligibility Requirements

Required
Must be based in the Commonwealth of VirginiaLOCATION
Required
Annual revenues of $10 million or less over each of the last three yearsREVENUE_MAX
Required
250 employees or fewer in VirginiaTEAM_SIZE
Required
Qualifies as a 501(c)(3) nonprofit entityINDUSTRY
Required
New or expanding manufacturing companies (for Private Activity Bonds)INDUSTRY
Required
Exempt facilities such as solid waste disposal facilities (for Private Activity Bonds)INDUSTRY
Required
Local industrial or economic development authorities (for Economic Development Loan Fund)INDUSTRY
Required
Businesses engaged in technology, biotechnology, tourism, manufacturing, renewable energy, government contracting (for Economic Development Loan Fund)INDUSTRY

Application Guide

Process
APPLICATION ONLY
Difficulty
7/10
Selection Criteria

Eligibility is determined by VSBFA and federal guidelines, including federal tax code requirements for bonds and EDA guidelines for loans. Projects must demonstrate economic benefit to the community, such as job creation/retention with a minimum $10 hourly wage or attracting private capital investment.

Tips for Applicants

Refer directly to the VSBFA website for detailed program information and contact Ray Sanchez for assistance. Ensure your project clearly meets all financial, operational, and community impact criteria.

Geographic Coverage

VA

Links & Resources

Source & freshness

Last verified: 8/12/2026

Primary source: Official source page

Refresh cadence: Listings are refreshed weekly.

Reminder: Confirm eligibility and deadlines before applying.

View all opportunities from Virginia Economic Development Partnership