CAP Grant 2026

About

A funding program designed to provide financial assistance to startups located in Norfolk, Virginia, offering various grant amounts based on business history and revenue documentation. Eligible businesses can receive support for essential purchases to foster growth and development while meeting specific income and operational criteria.

Benefits

• 💰Microgrant Amount
  $7,500 available for eligible businesses
• 💰Micro Enterprise Grant Amount
  $10,000 available for businesses with more experience
• 💰Reimbursable Grant
  Available for businesses with longer operational history
• 🛠️ Allowable Purchases
  Includes supplies, equipment, inventory, furniture, training, and professional services

Eligibility Criteria

• Business must be located in the City of Norfolk
• Business owner must be low-to-moderate income (LMI) at time of submission
• For Microgrant: Must have 1 to 3 years in business and at least one year of documented revenues
• For Micro Enterprise Grant: Must have 2 to 5 years in business and at least two years of documented revenues
• For Reimbursable Grant: Must have been in business for 3 to 10 years and at least three years of documented revenues
• Must have no more than 5 employees for Microgrant and Micro Enterprise Grant
• Must have less than 50 employees for Reimbursable Grant

Participation Commitments

• Items purchased before the contract agreement is executed are ineligible for reimbursement
• Recipients of the Reimbursable Grant must hire one full-time LMI Norfolk resident
• Must be up to date on all City taxes

Target Sector

All sectors

Target Location

Norfolk, Virginia, USA