NBC29: Two Charlottesville businesses receive grants from United Way, Minority Business Alliance partnership
By CJ Paschall | May 3, 2020
CHARLOTTESVILLE, Va. (WVIR) - A new partnership giving out grants to minority businesses in Charlottesville disbursed its first two awards last week. Two up-and-coming small businesses got a game changing gift that represents more than just keeping the lights on.
Vu Noodles and The Tax Ladies were each the recipients of $5000 grants given out by The United Way of Greater Charlottesville and the [Chamber]’s Minority Business Alliance. The partnership aims to address long-standing challenges facing companies owned by minorities in the area.
“Being able to have access to assets is more challenging in the minority community," United Way of Greater Charlottesville President Ravi Respeto said. "Sometimes it’s hard to attain a loan at an interest rate that’s really going to be advantageous for a small company that’s just starting.”