Virginia Enterprise Zone 2013 Designation Round

DHCD’s Virginia Enterprise Zone (VEZ) program has just finished facilitating three regional how-to-apply workshops to spread the word about the upcoming designation round.  On October 1, 2012, the program will begin accepting applications to fill the positions of two zones that are due to expire at the end of this year. Much like VMS, the … More Virginia Enterprise Zone 2013 Designation Round

Hopewell Celebrates VMS/CSX Grant

Lieutenant Governor Bill Bolling presented Hopewell Downtown Partnership (HDP) with a ceremonial check for $7,500 as part of a Downtown Improvement Grant awards ceremony held Wednesday, Aug. 15 at the Beacon Theater in downtown Hopewell. The grant funding is the result of a unique public/private partnership that matches $2,500 in VMS funds with $5,000 from CSX Corporation. This … More Hopewell Celebrates VMS/CSX Grant

Main Street Communities Partnering for Entrepreneur Development

This past spring, DHCD’s Virginia Enterprise Initiative awarded six innovation grants to help develop new and innovative techniques for cultivating and assisting micro-entrepreneurs. Three of the awardees (Bristol, Staunton and Waynesboro) are specifically targeting micro-entrepreneur development in their local Main Street districts. Staunton Creative Community Fund, in Staunton, will continue to build off of its strong … More Main Street Communities Partnering for Entrepreneur Development

CIC Program Director Recognized

Congratulations to Hebah Fisher, program director at Community Investment Collaborative, who was recently recognized in C-Ville Weekly’s “The Power Issue” as one of the movers and shakers in Charlottesville. The 22-year-old Fisher has worked tirelessly and passionately to establish the Community Investment Collaborative, a new micro-enterprise development organization in Charlottesville that is training its first … More CIC Program Director Recognized

Virginia Main Streets make it into the “Best of VA” – we’re not surprised

Virginia Living has just released its “Best of VA” list and many Main Street communities had businesses that made the list.  Below are some of the first place winners from Virginia’s Main Street communities. Virginia’s Main Street communities also had numerous second and third place winners that can be viewed here.   FIRST PLACE (Central/Living … More Virginia Main Streets make it into the “Best of VA” – we’re not surprised

A State Park Runs Through It

The Designated Virginia Main Street community of Farmville has a unique asset that few other Main streets in Virginia, or probably the entire country, can claim.  Virginia’s newest state park, the linear 31-mile-long High Bridge Trail State Park, passes right through Farmville’s Main Street district. And the highlight of the trail, the 2,400-foot-long bridge that towers … More A State Park Runs Through It

Incentives

Economic Development incentives are a component of economic development policy to encourage growth in traditionally impoverished or underdeveloped areas in the United States. Virginia offers a variety of performance-based incentives. From tax credits to tax exemptions, Virginia continues to demonstrate its willingness to invest in those who invest and reinvest in the commonwealth. While economic … More Incentives

From Virginia to the World

Virginia exports are rebounding after significant declines in 2008 and 2009 during the recession, increasing by nearly 6 percent in 2011 to $18.1 billion, ranking it as the 25th-largest exporting state in the U.S.  More than 83 percent of the nearly 6,600 companies that are involved in international trade, both imports and exports, have fewer than … More From Virginia to the World