Charlottesville funds 85 of 86 BRACE applications worth $93K

Since the beginning of the pandemic, the city’s Office of Economic Development has been distributing funding to businesses through a series of grant programs. The fourth round of the Building Resilience Among Charlottesville Entrepreneurs (BRACE) grant is complete and $93,000 has been handed out. 

“The program received 86 applications totaling over $550,000 in business expenses incurred during the application period,” reads a press release. “After a thorough review, OED awarded 85 grants to small businesses and organizations that met the guidelines.” 

The amounts ranged from $500 to the full $2,000. This time around, nearly forty percent of the recipients were first-time recipients. 

Before you go: The time to write and research of this article is covered by paid subscribers to Charlottesville Community Engagement. In fact, this particular installment comes from the September 30, 2022 edition of the program. To ensure this research can be sustained, please consider becoming a paid subscriber or contributing monthly through Patreon.

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