One of the most important ways that a municipality can support it’s small business community is through targeted financial incentives. A recent Potomac Local article touted the expansion of the city of Manassas’ business incentive programs, including Façade Improvement Grants and Landscape Improvement Grants. These incentives will assist with the exterior renovations and landscaping of existing … More Local Incentives Drive Community Development
Governor McAuliffe recently announced over $200,000 in Building Entrepreneurial Economies (BEE) grant awards for eight projects in the Commonwealth. The BEE grant program provides funding to local governments and nonprofit organizations for entrepreneurship programs aligned with local and regional economic development strategies, primarily in distressed communities and populations. “Small business development is a vital component … More Building Entrepreneurial Economies (BEE) Grants Awarded
Many communities have decided that supporting local entrepreneurs is key to a thriving Main Street and one Virginia initiative is receiving national attention! The National Main Street Center’s Main Street Story of the Week takes a look at how a local property owner created an innovative community space for entrepreneurs and entertainment to thrive. Jennifer Bell, … More The Bright Buzz: Kindling entrepreneur-focused transformation in Winchester
How can Main Street help entrepreneurs achieve a business expansion or start their own business? The National Main Street Center’s Main Street Story of the Week features Pop-Up Altavista 2.0, Altavista On Track’s (AOT) second business launch competition. Emelyn Gwynn, Main Street Coordinator for Altavista, highlights the program, which kicked off September, 2016. Building off … More Pop-Up Altavista 2.0: Cultivating Local Entrepreneurs with an Educational Business Launch Competition
On November 1, 3, and 4 in Wytheville, Culpeper, and Farmville, the fall edition of the Regional Rev Up promises to load your downtown revitalization kit with the tools you need to develop market-based revitalization strategies. The business of Main Street is constantly evolving. New challenges and opportunities are always presenting themselves. If we … More Virginia Main Street Regional Rev Up: Advancing Main Street Momentum with Good Data
On Wednesday, Preservation Virginia released a study measuring the economic impact of 30 years of the Virginia Main Street program. The report documents the Virginia Main Street program throughout the last 30 years. The report has documented the direct economic effects across Virginia Main Streets since 1985, when the program was adopted in Virginia to … More Preservation Virginia Releases Economic Impact Study of Virginia Main Street Program
Entrepreneurs are the lifeblood of the economy. They’re innovators, experimenters and risk takers, the driving force behind capitalism’s “perennial gale of creative destruction,” in economist Joseph Schumpeter’s evocative metaphor. So says Chris Farrell in this week’s Bloomberg Businessweek. But Mr. Farrell goes on to remind us that entrepreneurs are not only young, brash, rule breakers. … More Entrepreneurs. Better with age?