Four communities receive boost to entrepreneur programs
Gov. Terry McAuliffe announced Wednesday that four communities will receive $60,000 each to develop entrepreneurship.
The Community Business Launch (CBL) awards will provide funding to train entrepreneurs and conduct business plan competitions that align with local and regional economic development strategies, primarily in Virginia’s downtown commercial districts.
Projects were reviewed and evaluated competitively, with an emphasis on those with the capacity to implement a successful campaign, alignment with regional or local strategies, and the availability of matching resources. Four of the six applicants submitted were selected for funding.
The applicants receiving funding include:
Main Street Lexington
Downtown Wytheville inc.
Smyth County Chamber of Commerce
St. Paul Tomorrow Inc.