Media Center

January 26, 2024

Amazon Last-Mile Delivery Facility Coming to the City of Roanoke

ROANOKE, Va. – Amazon is planning to open a new last-mile facility in the City of Roanoke which will allow the company to better serve customers in the City and across Southwest Virginia. Launch plans for this facility are in the early stages, with construction scheduled to start in the coming weeks. With coordinated efforts […]

October 12, 2023

9th Street Corridor Streetscape Project – Feedback Wanted

The City of Roanoke Department of Economic Development is seeking input on streetscape improvements to enhance safety and walkability from business and property owners along the 9th Street Corridor, from Tazewell to Highland Ave. The proposed Multimodal Improvements Plan can be viewed here: 9th St Street Scape Concept. Please send feedback, questions, or concerns to […]

March 28, 2023

Bank On Wellness Series Continues

Bank On Roanoke Valley announces the next round of its Bank On Financial Wellness Series beginning April 2023. In this series, Bank On Roanoke Valley rewards hard work and commitment through perks that are tailored to each participant’s self-identified goals. In other words, they work with individuals to tune up their finances in a way […]

March 23, 2023

Enterprise Zone Grant Applications will be accepted until 11:59 p.m. on April 3, 2023

The Enterprise Zone Application Submission System is currently accepting applications for Grant Year 2022. Applications will be accepted until 11:59 p.m. on April 3, 2023.  Real Property Investment Grant and Job Creation Grant applications should be submitted to DHCD through this system:  Enterprise Zone Application System – Home (virginia.gov)

March 2, 2023

Promoting automatic savings to help people build financial confidence

Promoting automatic savings to help people build financial confidence As part of ‘America Saves Week 2023,’ scheduled for Feb. 27–March 3, the City of Roanoke is encouraging the Roanoke Valley community to take a moment to focus on the importance of learning how to save money in an effort to better prepare them for the […]

April 13, 2022

Roanoke Capital Access Fund for City of Roanoke Small Local Businesses Now Available

Roanoke Capital Access Fund for City of Roanoke Small Local Businesses Now Available Roanoke Economic Development Authority Partners with Freedom First Federal Credit Union offering loans to city businesses   Roanoke, Virginia, April 1, 2022:   The City of Roanoke’s Economic Development Authority “EDA” is pleased to announce a partnership with Freedom First offering Roanoke City […]

August 25, 2021

Financial Empowerment Center Celebrates One Year Since Launch

The Roanoke Financial Empowerment Center, a program of the City of Roanoke in partnership with Freedom First Enterprises and the national nonprofit Cities for Financial Empowerment Fund (CFE Fund), has helped Roanoke area residents reduce more than $375,000 of debt and save more than $65,000 since it opened last year. The Roanoke FEC provides one-on-one financial […]

April 28, 2021

SBA Restaurant Revitalization Fund

Registration for the Restaurant Revitalization Fund (RRF) will begin Friday, April 30 at 9 a.m. EDT and SBA will begin accepting applications via the application portal on Monday, May 3 at 12 p.m. EDT. The application portal will remain open to any eligible establishment until all funds are exhausted. For more information, read the press […]

March 5, 2021

City Partners with Freedom First to Bring CDBG-CV Grants to Local Microbusinesses

ln response to the economic hardships experienced by microbusinesses resulting from the COVlD-19 pandemic, the City of Roanoke, in partnership with Freedom First, has launched a small business relief grant program utilizing Community Development Block Grant – Coronavirus (CDBG-CV) federal funding.  This is a grant program created in response to businesses that are at-risk of […]

February 17, 2021

Roanoke Valley Saves Week – February 22 – 26, 2021

City of Roanoke to Host ‘Roanoke Valley Saves Week’ as Part of ‘America Saves Week 2021’   Promoting automatic savings to help people reach their financial goals   As part of “America Saves Week 2021,” scheduled for Feb. 22–26, the City of Roanoke is encouraging the Roanoke Valley community to take a moment to focus […]

January 13, 2021

The US Small Business Administration has reopened the federal Paycheck Protection Program

Attention all businesses, the US Small Business Administration has reopened the federal Paycheck Protection Program — the forgivable loan to help businesses survive during COVID. Applications must be submitted to a bank or other lender, not directly to the SBA. Previous recipients are eligible for a second loan. While lenders have not yet received all […]

August 14, 2020

Apply for CARES Act Funding

The City of Roanoke has established a $1 million Grant Fund to support small business recovery following the COVID-19 pandemic.  One-time grants of up to $12,000 are being provided to offset business impacts during the pandemic. The grant program will be administered by the City of Roanoke Department of Economic Development.   If you have […]

February 11, 2020

EDA Declaration of Emergency

DECLARATION OF EMERGENCY The Economic Development Authority of the City of Roanoke, Virginia (the “EDA”), is in the process of evaluating the audit work that has been submitted by the Roanoke certified professional accounting firm of Foti, Flynn & Lowen. The work in question comprises the 2017 and the 2018 audits of the EDA’s financial […]

January 26, 2024

Amazon Last-Mile Delivery Facility Coming to the City of Roanoke

ROANOKE, Va. – Amazon is planning to open a new last-mile facility in the City of Roanoke which will allow the company to better serve customers in the City and across Southwest Virginia. Launch plans for this facility are in the early stages, with construction scheduled to start in the coming weeks. With coordinated efforts […]

October 12, 2023

9th Street Corridor Streetscape Project – Feedback Wanted

The City of Roanoke Department of Economic Development is seeking input on streetscape improvements to enhance safety and walkability from business and property owners along the 9th Street Corridor, from Tazewell to Highland Ave. The proposed Multimodal Improvements Plan can be viewed here: 9th St Street Scape Concept. Please send feedback, questions, or concerns to […]

March 28, 2023

Bank On Wellness Series Continues

Bank On Roanoke Valley announces the next round of its Bank On Financial Wellness Series beginning April 2023. In this series, Bank On Roanoke Valley rewards hard work and commitment through perks that are tailored to each participant’s self-identified goals. In other words, they work with individuals to tune up their finances in a way […]

March 23, 2023

Enterprise Zone Grant Applications will be accepted until 11:59 p.m. on April 3, 2023

The Enterprise Zone Application Submission System is currently accepting applications for Grant Year 2022. Applications will be accepted until 11:59 p.m. on April 3, 2023.  Real Property Investment Grant and Job Creation Grant applications should be submitted to DHCD through this system:  Enterprise Zone Application System – Home (virginia.gov)

March 2, 2023

Promoting automatic savings to help people build financial confidence

Promoting automatic savings to help people build financial confidence As part of ‘America Saves Week 2023,’ scheduled for Feb. 27–March 3, the City of Roanoke is encouraging the Roanoke Valley community to take a moment to focus on the importance of learning how to save money in an effort to better prepare them for the […]

April 13, 2022

Roanoke Capital Access Fund for City of Roanoke Small Local Businesses Now Available

Roanoke Capital Access Fund for City of Roanoke Small Local Businesses Now Available Roanoke Economic Development Authority Partners with Freedom First Federal Credit Union offering loans to city businesses   Roanoke, Virginia, April 1, 2022:   The City of Roanoke’s Economic Development Authority “EDA” is pleased to announce a partnership with Freedom First offering Roanoke City […]

August 25, 2021

Financial Empowerment Center Celebrates One Year Since Launch

The Roanoke Financial Empowerment Center, a program of the City of Roanoke in partnership with Freedom First Enterprises and the national nonprofit Cities for Financial Empowerment Fund (CFE Fund), has helped Roanoke area residents reduce more than $375,000 of debt and save more than $65,000 since it opened last year. The Roanoke FEC provides one-on-one financial […]

April 28, 2021

SBA Restaurant Revitalization Fund

Registration for the Restaurant Revitalization Fund (RRF) will begin Friday, April 30 at 9 a.m. EDT and SBA will begin accepting applications via the application portal on Monday, May 3 at 12 p.m. EDT. The application portal will remain open to any eligible establishment until all funds are exhausted. For more information, read the press […]

March 5, 2021

City Partners with Freedom First to Bring CDBG-CV Grants to Local Microbusinesses

ln response to the economic hardships experienced by microbusinesses resulting from the COVlD-19 pandemic, the City of Roanoke, in partnership with Freedom First, has launched a small business relief grant program utilizing Community Development Block Grant – Coronavirus (CDBG-CV) federal funding.  This is a grant program created in response to businesses that are at-risk of […]

February 17, 2021

Roanoke Valley Saves Week – February 22 – 26, 2021

City of Roanoke to Host ‘Roanoke Valley Saves Week’ as Part of ‘America Saves Week 2021’   Promoting automatic savings to help people reach their financial goals   As part of “America Saves Week 2021,” scheduled for Feb. 22–26, the City of Roanoke is encouraging the Roanoke Valley community to take a moment to focus […]

January 13, 2021

The US Small Business Administration has reopened the federal Paycheck Protection Program

Attention all businesses, the US Small Business Administration has reopened the federal Paycheck Protection Program — the forgivable loan to help businesses survive during COVID. Applications must be submitted to a bank or other lender, not directly to the SBA. Previous recipients are eligible for a second loan. While lenders have not yet received all […]

August 14, 2020

Apply for CARES Act Funding

The City of Roanoke has established a $1 million Grant Fund to support small business recovery following the COVID-19 pandemic.  One-time grants of up to $12,000 are being provided to offset business impacts during the pandemic. The grant program will be administered by the City of Roanoke Department of Economic Development.   If you have […]

February 11, 2020

EDA Declaration of Emergency

DECLARATION OF EMERGENCY The Economic Development Authority of the City of Roanoke, Virginia (the “EDA”), is in the process of evaluating the audit work that has been submitted by the Roanoke certified professional accounting firm of Foti, Flynn & Lowen. The work in question comprises the 2017 and the 2018 audits of the EDA’s financial […]