About Retail Catalyst
Retail Alliance, in partnership with ABNB Federal Credit Union, NuMarket, the Hampton Roads Small Business Development Center (SBDC), and other key collaborators, has launched the Hampton Roads Retail Catalyst, a groundbreaking pilot program aimed at supporting new and existing small business retailers to thrive and scale.
This program will offer comprehensive wraparound services, including business education, community engagement campaigns to garner investment, access to capital, and ongoing technical assistance, and will be piloted in select neighborhood districts. For the pilot program, the applicants must have their business established or plan to locate in one of the pilot communities within 6 months of completion of the program.
- Portsmouth (High St)
- Newport News (Hilton Village Main Street)
- Hampton (Settlers Landing/Bridge St/Queens Way)
- Norfolk (Granby Street)
Small businesses and in particular, retail, are the lifeblood of our communities, yet they often face significant hurdles when trying to access capital due to limited credit history, financial resources, or collateral. With the launch of the Retail Catalyst, Retail Alliance’s goal is to provide new and growing businesses with the resources and support they need to succeed. Through education, access to funding, and post-launch technical assistance, Retail Alliance is setting retailers up for long-term success and helping to strengthen our local economy.
