While we had serious concerns about several pieces of legislation during the 2020 General Assembly Session, the negative impact these bills will have on our business community is even more serious considering the economic devastation many businesses are facing.

The Small Business Development Center of Hampton Roads (SBDC) has received a $40,000 grant from Truist Financial Corporation. These funds will support the Center's activities in helping small business owners gain access to capital during the coronavirus pandemic. The grant is part of the financial services company's Truist Cares initiative, a $25 million philanthropic pledge announced in March to support basic needs, medical supplies and financial hardship relief due to COVID-19.