The trend we are starting to see in public-private partnerships supporting mitigation and recovery from the COVID-19 pandemic comes in all sorts of shapes, sizes and purposes.
Here's a brief article about the consortium of organizations in Williamsburg, VA, specifically to provide loans to small businesses hit particularly hard in this tourism-dependent area. It shows how effective the idea of public-private partnership can be, no matter the size of the local area, the amount of money involved, or the specific needs being addressed. We are all at our best when we are all working together.
Gilbreath said economic developers see themselves as “first responders” to the business community. The Greater Williamsburg Partnership along with the economic development authorities of the City of Williamsburg, James City County and York County, approached the Williamsburg Community Foundation to discuss a new fund to support small businesses in early April.