Supporting East End Entrepreneur Development (SEED) Program
SEED Business Video
The SEED Program was created through a partnership between Local Initiatives Support Corporation and Bon Secours Richmond Health System to help revitalize the 25th Street corridor in the Church Hill neighborhood of Richmond. The program, which launched in 2011, provides up to $25,000 in grant money to individuals looking to either expand or start a business. By focusing on bringing businesses to the Church Hill area, the SEED Program not only helps business owners launch a new business, but it also brings commerce to Church Hill and creates more job opportunities for residents. Pictured right, two-time SEED winner Jaida Cureton outside her storefront, Jade Multicultural Salon.
SEED Round 6 is officially underway! This round of SEED focused specifically on the 25th Street corridor from O Street to Nine Mile Rd. Five businesses received SEED grants in 2017. Of those five, three were new businesses and two were already existing businesses. One of the five, was a second-year grant winner. Below is the Round 6 application for reference.
2017 SEED Application
6 BIZ – Six Points Business Improvement Grants
Virginia LISC is excited to announce an improvement initiative for the Six Points Commercial area in Highland Park. LISC and Storefront for Community Design partnered with designers from Timmons Group and Baskervill to help businesses and residents envision real improvements to Six Points . The enhancement plan proposed a cohesive identity for the district and made recommendations for façade and street improvements including landscaping, street furniture, and signage. LISC is working on implementing a few early action projects recommended in the plan.
To implement some of the façade improvements envisioned in the enhancement plan, LISC has partnered with Capital One and launched a small business grant program for existing businesses in the area. Businesses applied for $5,000 – $10,000 grants to help supplement funds from the City’s Commercial Area Revitalization Effort (CARE) program. Two existing businesses were selected as grant winners in the program and both are now starting facade improvements to their buildings. For more information on the 6 BIZ Program, contact Shekinah Mitchell from LISC @ 804-505- 4697 or firstname.lastname@example.org.
Six BIZ Application
Financial Opportunity Centers (FOCs)
Financial Opportunity Centers (FOCs) are LISC’s primary vehicle used to help families achieve economic stability. Based on the Center for Working Families model created by the Annie E. Casey Foundation, Financial Opportunity Centers focus on improving the financial bottom line for low-to-moderate income families. Financial Opportunity Centers provide services across three areas: employment placement and career improvement; financial education and coaching; and public benefits access.
Virginia LISC brought the first Financial Opportunity Center to Virginia in 2012. Richmond’s Financial Opportunity Center is housed in Greater Fulton’s Neighborhood Resource Center and is called NRC Works. In its first year of operation, NRC Works served 212 people with bundled services.
Virginia LISC launched a second Financial Opportunity Center in Richmond’s Northside in early 2016. it is located at the Partnership for Families building (800 West Graham Road) and is run by HumanKind’s Ways to Work program and overseen by Virginia LISC.
Virginia LISC launched another Financial Opportunity Center in Petersburg in 2016 as well. The Petersburg Financial Opportunity Center is located at Pathways (1200 W Washington St, Petersburg).
FOC Brochure 2016
In Petersburg, Virginia LISC is involved with the targeted initiative of Poplar Lawn. The Poplar Lawn initiative is a project that Virginia LISC, the Cameron Foundation and the city are partnering on to revitalize housing in the historic neighborhood of Poplar Lawn.