The Community Business Launch (CBL) is a place-based entrepreneurial development strategy that fills a critical mass of vacant storefronts with expansion or start-up ventures. Local CBL programs train entrepreneurs, creatives and small business owners about business planning practices, and the training culminates in a group of finalists pitching their ideas to a panel of judges, with winners receiving grant funding and support services from the community to kick-start their new venture. A CBL program is a key building block in a coordinated, comprehensive, and sustainable entrepreneurial eco-system of community-based entrepreneurs and small businesses at all stages of life.
The following communities were named 2022 CBL grant recipients:
Town of Bedford | Town of Bedford Business Launch | $65,000
Town of Big Stone Gap | Wood Avenue Revitalization | $45,000
Town of Scottsville | Scottsville Community Business Launch | $40,000
Downtown Suffolk Community Business Launch