Three communities to receive grants under new small business development program
Three Virginia communities will receive up to $100,000 each for small business development under a new state project.
The grants announced Friday for Staunton, Hopewell and Gloucester Courthouse are part of Virginia Community Business Launch, a new initiative of Gov. Terry McAuliffe’s administration.
The program is designed to help communities pursue a small business development strategy.
Virginia Community Business Launch uses a local business competition to find and nurture entrepreneurs that fit with each community’s economic goals.
The program will offer tools to prepare entrepreneurs to operate businesses and allow them to compete for funding to start their enterprises.