{"id":2504,"date":"2020-04-23T11:30:00","date_gmt":"2020-04-23T11:30:00","guid":{"rendered":"http:\/\/wordpress2.hdnweb.com\/2020\/04\/23\/virginia-30-day-fund-fairfax-county-naacp-team-up-to-fund-minority-owned-small-businesses-2\/"},"modified":"2020-04-23T11:30:00","modified_gmt":"2020-04-23T11:30:00","slug":"virginia-30-day-fund-fairfax-county-naacp-team-up-to-fund-minority-owned-small-businesses-2","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/04\/23\/virginia-30-day-fund-fairfax-county-naacp-team-up-to-fund-minority-owned-small-businesses-2\/","title":{"rendered":"Virginia 30 Day Fund &amp; Fairfax County NAACP Team Up To Fund Minority-Owned Small Businesses"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">CHARLOTTESVILLE, Va.<\/span>, <span class=\"xn-chron\">April 23, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; The\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=3552931104&amp;u=http%3A%2F%2Fwww.va30dayfund.com%2F&amp;a=Virginia+30+Day+Fund\" rel=\"nofollow\"><span class=\"xn-location\">Virginia<\/span> 30 Day Fund<\/a><\/u>\u00a0and the\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=2909667813&amp;u=http%3A%2F%2Fwww.fairfaxnaacp.org%2F&amp;a=Fairfax+County+NAACP\" rel=\"nofollow\">Fairfax County NAACP<\/a>\u00a0announced today that they have launched a partnership to provide direct financial assistance to minority-owned small businesses in\u00a0Northern\u00a0Virginia that are struggling to meet payroll, preserve health coverage and save jobs as they await recently approved federal funding in light of the COVID-19 crisis.<\/p>\n<p>Backed by a\u00a0fundraising commitment by\u00a0Fairfax County NAACP and the <span class=\"xn-location\">Virginia<\/span> 30 Day Fund<b>,\u00a0<\/b>the partnership will empower the <span class=\"xn-location\">Virginia<\/span> 30 Day Fund to expand its reach even further as it works to provide much-needed financial assistance to a diverse array of <span class=\"xn-location\">Virginia<\/span> small businesses. Since its <span class=\"xn-chron\">April 6<\/span> launch, the nonprofit <span class=\"xn-location\">Virginia<\/span> 30 Day Fund\u00a0<b>has funded over 90 Virginia small businesses<\/b>, and continues to review applications and fund additional <span class=\"xn-location\">Virginia<\/span> small businesses each day.<\/p>\n<p>As\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=1224952556&amp;u=https%3A%2F%2Fwww.nbcwashington.com%2Fnews%2Flocal%2Fvirginia-businessman-offers-short-term-relief-to-small-business-owners%2F2281877%2F&amp;a=NBC+Washington+reports\" rel=\"nofollow\">NBC Washington reports<\/a><\/u>, &#8220;[o]ne of the businesses Snyder&#8217;s fund is helping support is the Springfield Collision Center, a family-owned collision repair shop. <span class=\"xn-person\">Thomas Kim&#8217;s<\/span> father, Yong, opened the shop after immigrating to <span class=\"xn-location\">Northern Virginia<\/span> from <span class=\"xn-location\">South Korea<\/span> decades ago. &#8216;Kind of living the American dream,&#8217; Kim said. &#8216;Opens up his own shop &#8230; taking care of his family.&#8217; Taking care of the family is proving difficult now that business has slowed to a crawl \u2026 &#8216;We&#8217;re just looking for any help as our family&#8217;s livelihood is at stake,&#8217; Kim said\u2026&#8221;<\/p>\n<p>Additionally, Fairfax NAACP President, <span class=\"xn-person\">Sean Perryman<\/span>, and Executive Council Member Naveed Shah will join the Review and Funding Committee for this partnership with the <span class=\"xn-location\">Virginia<\/span> 30 Day Fund.<\/p>\n<p><b>&#8220;The small business community is in desperate need of support due to the pandemic. Fairfax County NAACP is excited to expand its effort to assist the community by partnering with the <span class=\"xn-location\">Virginia<\/span> 30 Day Fund,&#8221;\u00a0<\/b>said\u00a0Sean Perryman, Fairfax County NAACP President.\u00a0<b>&#8220;The money raised and given out will be crucial as minority-owned businesses make up 41 percent of the small business community. These forgivable loans will be a vital lifeline that will have a positive impact for employees and families throughout <span class=\"xn-location\">Northern Virginia<\/span>.&#8221;<\/b><\/p>\n<p><b>&#8220;Small businesses throughout <span class=\"xn-location\">Virginia<\/span> are hurting right now through no fault of their own, so we want to do everything we can to reach every community in the Commonwealth to the greatest extent possible, and ultimately save as many <span class=\"xn-location\">Virginia<\/span> jobs as possible,&#8221;<\/b>\u00a0Pete Snyder, the nonprofit <span class=\"xn-location\">Virginia<\/span> 30 Day Fund&#8217;s co-founder, said.\u00a0<b>&#8220;The Fairfax County NAACP&#8217;s partnership in this effort will be invaluable in helping the <span class=\"xn-location\">Virginia<\/span> 30 Day Fund identify and aid even more struggling small businesses, especially those backed by minority business owners.\u00a0We want to do everything we can to help so they can keep their employees on payroll and make it through this crisis.&#8221;<\/b><\/p>\n<p><b><i>The <span class=\"xn-location\">Virginia<\/span> 30 Day Fund application process is designed to be quick and easy for qualified small businesses in <span class=\"xn-location\">Virginia<\/span>:<\/i><\/b><\/p>\n<ul type=\"disc\">\n<li>Visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=2514772712&amp;u=https%3A%2F%2Fnam02.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fva30dayfund.com%252F%26data%3D02%257C01%257Cjgoins%2540tribpub.com%257C502a176d2a054913d3dd08d7e5838180%257Cf7da0482aed242fa80233b240fb6598d%257C0%257C0%257C637230225292368459%26sdata%3DqBtR0S9Fc4yvgEU%252BzZjcxLGT85CDmD3G5nsXdfUFW6c%253D%26reserved%3D0&amp;a=va30dayfund.com\" rel=\"nofollow\">va30dayfund.com<\/a><\/u>. <\/li>\n<li>Fill out a one-page form. <\/li>\n<li>Submit a brief video (up to three minutes) about the business and its employees. <\/li>\n<li>Approval will occur within three days, and approved businesses can expect an immediate transfer of funds.<\/li>\n<\/ul>\n<p><b><i><span class=\"xn-location\">Virginia<\/span> businesses that qualify for assistance from the Fund are small businesses:<\/i><\/b><\/p>\n<ul type=\"disc\">\n<li>Employing three to 30 people; <\/li>\n<li>Based in <span class=\"xn-location\">Virginia<\/span> and operating for at least one year; <\/li>\n<li>Owned and operated by a <span class=\"xn-location\">Virginia<\/span> resident.<\/li>\n<\/ul>\n<p>The funds dispersed to qualified businesses by the nonprofit <span class=\"xn-location\">Virginia<\/span> 30 Day Fund\u00a0<b>do not\u00a0need to be repaid<\/b>. If businesses that receive the Fund&#8217;s assistance do, at a later date, wish to &#8220;pay it forward&#8221; to another <span class=\"xn-location\">Virginia<\/span> small business in need of assistance, they may do so by directing those dollars back to the Fund, which will disburse the money to another qualified <span class=\"xn-location\">Virginia<\/span> business.<\/p>\n<p>The <span class=\"xn-location\">Virginia<\/span> 30 Day Fund was also designed to be &#8220;open-source,&#8221; so it could be replicated in other states and localities throughout the nation. The 30 Day Fund model has already been replicated by business leaders in <span class=\"xn-location\">Georgia<\/span>, who just days ago, launched the\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=576867584&amp;u=https%3A%2F%2Fwww.macon30dayfund.com%2F&amp;a=Macon-Bibb%C2%A030+Day+Fund\" rel=\"nofollow\">Macon-Bibb\u00a030 Day Fund<\/a><\/u>\u00a0and a 30 Day Fund is expected to be launched in <span class=\"xn-location\">Pennsylvania<\/span> as soon as next week.<\/p>\n<ul type=\"disc\">\n<li>To learn more about the Fairfax County NAACP, visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=3835965784&amp;u=http%3A%2F%2Fwww.fairfaxnaacp.org%2F&amp;a=fairfaxnaacp.org\" rel=\"nofollow\">fairfaxnaacp.org<\/a><\/u><\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>To learn more about the nonprofit <span class=\"xn-location\">Virginia<\/span> 30 Day Fund, visit\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=3851005003&amp;u=http%3A%2F%2Fwww.va30dayfund.com%2F&amp;a=va30dayfund.com\" rel=\"nofollow\">va30dayfund.com<\/a><\/u>.<\/li>\n<\/ul>\n<p>SOURCE  <span class=\"xn-location\">Virginia<\/span> 30 Day Fund<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">CHARLOTTESVILLE, Va.<\/span>, <span class=\"xn-chron\">April 23, 2020<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; The\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2785026-1&amp;h=3552931104&amp;u=http%3A%2F%2Fwww.va30dayfund.com%2F&amp;a=Virginia+30+Day+Fund\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-location\">Virginia<\/span> 30 Day Fund<\/a><\/u>\u00a0and the\u00a0<a target=\"_blank\" rel=\"noopener noreferrer\"><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2504","post","type-post","status-publish","format-standard","hentry","category-rose-marynews"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Virginia 30 Day Fund &amp; 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