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WV First Small Business Growth Program

WV First Small Business Growth Program

Backs licensed growth investors in West Virginia to structure capital support for local small businesses.

ClosedWest Virginia Tax DivisionUnited States
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About

The West Virginia First Small Business Growth Program was established by Senate Bill 1 in the 2026 West Virginia legislative session to incentivise licensed investment funds to deploy capital into West Virginia small businesses. The applicant in this programme is not the small business itself but rather a licensed Rural Business Investment Company (RBIC, under 7 U.S.C. §2009cc) or Small Business I…

What this grant funds

Tax credits for licensed RBICs and SBICs committing capital to West Virginia small businesses with fewer than 250 employees.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.4 weeks
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.$15M
Funding analytics

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Industries

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Eligibility criteria

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Application process

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What you have to submit

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Timeline

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Last verified: 22 Jul 2026Source: westvirginia.gov