FREDERICKSBURG, Va., 04/01/2020 – Riphean Group, a growth management firm dedicated to entrepreneurial growth and community enrichment, proudly announced its Founder and President, Joel Griffin, has led the launch of a vital initiative to support small businesses impacted by the COVID-19 pandemic. As the Chairman of Stafford County’s Economic Development Authority (EDA), Joel Griffin has played a pivotal role in spearheading the Small Business Coronavirus Disaster Assistance Grant Fund, which will provide over $1 million in relief to local businesses severely affected by the pandemic.
The Small Business Coronavirus Disaster Assistance Grant Fund offers much-needed financial support to alleviate the burden faced by small businesses during these challenging times. With an allocation of up to $250,000, the fund aims to offset payroll costs incurred by businesses affected by COVID-19 shutdowns, serving as operational working capital to sustain their operations.
“Small businesses are the backbone of our communities, driving innovation, creating jobs, and fueling economic growth,” said Griffin. “During these unprecedented times, supporting their growth and ensuring their survival is critical. Through the Small Business Coronavirus Disaster Assistance Grant Fund, we aim to provide immediate relief and help these businesses overcome the challenges they face, allowing them to continue contributing to the vibrancy of our local economy.”
Griffin’s dedication to fostering entrepreneurial growth and supporting local businesses has been instrumental in launching the Small Business Coronavirus Disaster Assistance Grant Fund, providing critical relief to businesses in need. Riphean Group proudly acknowledges Griffin’s community initiatives and the profound impact he has made through his involvement with the Stafford EDA as Chairman.
For more information about the Small Business Coronavirus Disaster Assistance Grant Fund, visit www.staffordeda.com.
