Attention Capital Access Program Applicants:

"Due to the current economic climate as a result of the Coronavirus, the decision has been made to postpone the April 1st launch of the Capital Access Program. We will disseminate additional information as developments continue."


ATTENTION GRANT/LOAN APPLICANTS

Norfolk's Department of Economic Development responds to COVID-19 and provides a Relief Loan Product for eligible Norfolk Businesses.  

COVID- 19 Relief Loan Applicants: Upon registering and completing your email verification to begin your application, please be sure you are selecting the Loan Product labeled "COVID-19 Loan"

Please note this loan product is independent of the Capital Access Program (CAP)


Please Note the Following:

  • If you are reapplying or updating a previous application please contact the CAP admin team at capitalaccessprograminfo@norfolk.gov. 
  • Businesses are only able to apply for one(1) application per round. Duplicate applications will be removed from the system. 
  • Feel free to contact the Capital Access Administrative team at capitalaccessprograminfo@norfolk.gov if you have any questions. 

Capital Access Program Executive Summary:

The City of Norfolk has launched the Capital Access Program (CAP) with the goal of filling a financing gap in the market place for entrepreneurs to either start or expand their business. CAP provides alternative and affordable financing made available through the City of Norfolk for new, existing, and expanding businesses. These funds are reserved for businesses that lack access to traditional financing sources and/or require “gap financing.”

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