Business News (4)
By Leonard E. Colvin
Chief Reporter
New Journal and Guide
The leaders of a non-profit organization which supports more minority participation in Virginia’s procurement system want Governor Bob McDonnell to veto a bill that would dismantle the Department Of Minority Business Enterprise (DMBE). The bill was passed during the last legislative session.
By Leonard E. Colvin
Chief Reporter
New Journal and Guide
Ever since the State Board of Embalmers and Funeral Directors revoked his operating license and shut his funeral home in January 2012, Carlos Howard has wondered, will anyone tell him the true story about how it came about?
WASHINGTON
The U.S. Department of Agriculture is offering loans of up to $35,000 to disadvantaged minorities who want to own a farm or existing minority farmers.
The new micro-loan program will offer 1.25 or prevailing USDA interest rates. Designed to help beginning and small-and-family-owned farms gain traction, the new loan program will simplify the application process. It aims to help farmers increase equity and eventually graduate to commercial credit.
Thirteen years ago, in 1999, Virginia Beach voters turned down a referendum on bringing light rail service to the oceanfront.