Equity in Action Dashboard

SWaM Business Support

The Small, Women and Minority-Owned Business (SWaM) Procurement Initiative was established to enhance business opportunities for small, women and minority-owned businesses in the Commonwealth of Virginia. Through the Virginia Department of Small Business and Supplier Diversity (SBSD), businesses can become SWaM certified and entered in the SWaM Vendor Directory, which is used by state procurement officials to locate SWaM certified vendors.

As part of their pandemic response, the Commonwealth of Virginia provided financial support to SWaM businesses through the Rebuild VA fund as a part of the Federal CARES Act. This dashboard includes information on how many businesses located in low income areas received this support at the State and Local level. The initial funds allocated to the Rebuild VA Grant Program were fully deployed by March 2021. Since then, the SBSD has received additional funding to support small businesses whose operations were impacted by the COVID-19 pandemic and began awarding additional grants in July 2021. Click on the button below the SBSD logo on the side panel for more information about SWaM business support.  

Usability and Accessibility: Use the navigation buttons at the top of the page to access the dashboard and information for each topic area. The dashboards include text captions for charts and tables that are accessible to screen readers. For each chart or table, you can also access the underlying data by clicking on the link(s) in the Data and Documentation section. For more information on metric definitions, data sources, and data notes, see the collapsible sections below each dashboard.

Data and Documentation

View the Underlying Locality Data

View the Underlying State Data

Metric

Description

Source

Data Time Period

SWaM Certified Businesses in Virginia

Number of SWaM Certified businesses are the total businesses in the Small Business Supplier Diversity Agency directory that have a SWaM designation (Small, Women-owned, Minority-owned, Micro, and Service-Disabled Veteran-owned).

Virginia Department of Small Business and Supplier Diversity SWaM and DBE Directory

As of August 2021

Total Small Businesses in Low Income Communities Funded through the Rebuild VA Fund

Total number of businesses that have received funding through the Rebuild VA Grant since the grant started in August 2020. All funds had been exhausted and no new funding available from March 2021 to June 2021.

Provided by Virginia Department of Small Business and Supplier Diversity

August 2020 to July 2021

Total Funding to Small Businesses in Low Income Communities by the Rebuild VA Fund

Cumulative total funding amount provided to the businesses that received Rebuild VA Grant funding since the grant started in August 2020. All funds had been exhausted and no new funding available from March 2021 to June 2021.

Provided by Virginia Department of Small Business and Supplier Diversity

August 2020 to July 2021

Certified Small Businesses

A “small business” is a business that is at least 51% independently owned and controlled by one or more individuals who are U.S. citizens or legal resident aliens, and together with affiliates, has 250 or fewer employees, or average annual gross receipts of $10 million or less averaged over the previous three years. One or more of these individual owners shall control both the management and daily business operations of the small business.

Virginia Department of Small Business and Supplier Diversity SWaM and DBE Directory

As of August 2021

Certified Women-Owned Business

A “women-owned business” is a business that is at least 51% owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51% of the equity ownership interest is owned by one or more women who are citizens of the United States or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

Virginia Department of Small Business and Supplier Diversity SWaM and DBE Directory

As of August 2021

Certified Minority-Owned Business

A “minority-owned business” is a business that is at least 51% owned by one or more minority individuals who are U.S. citizens or legal resident aliens. Businesses owned by historically black college or universities, are also considered “minority-owned.”

Virginia Department of Small Business and Supplier Diversity SWaM and DBE Directory

As of August 2021

Note

Description

SWaM Business Certification

The Small, Women-owned, and Minority-owned Business (SWaM) certification program is a state program of the Commonwealth of Virginia. The purpose is to enhance procurement opportunities for SWaM businesses participating in state-funded projects. For more information on the SWaM Business Certifications, visit the Virginia Department of Small Businesses and Supplier Diversity website.

Total SWaM Businesses, Small Businesses, Women-Owned, and Minority-Owned are not mutually exclusive

Businesses that received multiple certifications (small business, women-owned business, minority-owned business) are included in each category. For example, a business certified as a small business and a women-owned business is counted in both categories. Therefore, the total number of SWaM-Certified businesses does not equal the sum of small, women, and minority-owned certified businesses.

Rebuild VA Fund Requirements

Rebuild VA Fund is a $70 million economic recovery fund for small businesses and nonprofit organizations whose normal operations were disrupted by the COVID-19 pandemic. To receive the Rebuild VA Fund, Virginia Businesses and nonprofits must be in good standing, have annual gross revenues of no more than $10 million, and have no more than 250 full-time employees. The funding grants of up to $10,000 will be awarded to approximately 7,000 applicants to cover eligible expenses.

All funds had been exhausted and no new funding available from March 2021 to June 2021.

Virginia Department of Small Businesses and Supplier Diversity

Equity at a Glance Dashboard

The Equity at a Glance Dashboard provides a data-driven snapshot of Virginia’s standing across six social determinants of health indicators. The dashboard celebrates Virginia’s leadership in equity and serves as a call to action for leaders to continue closing health equity gaps across the Commonwealth.

Learn More