Launch Gloucester announces winner of first Community Business Launch

A bakery and cafe, a business catering to pets and pet owners and a massage and wellness clinic will be the newest businesses to open or expand on Main Street following the Launch Gloucester awards ceremony on Tuesday, May 19.  Participants in the entrepreneur contest that launched earlier this year also got a surprise element … More Launch Gloucester announces winner of first Community Business Launch

Economic Gardening Strategies

In these tough economic times when communities are struggling to retain existing businesses and to prevent more storefronts from closing up, attracting new businesses that will create new job opportunities is extremely challenging. Many communities are working hard to overcome these ills by creating an environment that fosters entrepreneurship. Research has shown that small businesses … More Economic Gardening Strategies

Entrepreneurs. Better with age?

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?

Resources for Small Business Financing

The Federal Reserve Bank of Richmond (FRB) recently posted an issue of Marketwise Community, a web publication which highlights community development best practices  and emerging issues that impact communities in the southeastern United States.  The current issue, New Alternatives in Small Business Financing, addresses small business lending in the wake of the recession.  The message … More Resources for Small Business Financing

Guest Blogger: Jennifer Heyns on Warrenton’s Emerging Latitudes

When people shop locally, they know they are helping to support their community and the shop owners who live there. At Warrenton’s Latitudes Fair Trade, shoppers know they are supporting not only a local business, but also artisans from developing countries around the world. Latitudes buys handcrafted items from overseas either directly or through a … More Guest Blogger: Jennifer Heyns on Warrenton’s Emerging Latitudes

Designing a Marketplace

Is your economic restructuring committee effective?  Challenges like recruiting businesses and interpreting expensive and technical market studies discourage eager volunteers. There’s no immediate result after hours of meetings and planning.  Pressure to see results from business owners, local government and the community compounds the frustration. It’s easy for this committee, in particular, to go inactive. Main Street organizations all over America … More Designing a Marketplace

The unexpected entrepreneur

If you were asked to describe an entrepreneur, what words would you use?  Maybe terms like “bright, energetic, or magnetic.”  This 2004 article in the aptly named magazine Entrepreneur, gives a whole host of other terms, not all of them complimentary.  Two descriptions of an entrepreneur that most people would not use are “ex-felon,” and … More The unexpected entrepreneur

Quality v. quantity

Last Thursday, at the Virginia Main Street 25th Anniversary Milestone Achievement Awards, keynote speaker Chuck D’Aprix spoke about the importance of making your downtown attractive to entrepreneurs.  One way to do this is to focus on the quality of the experience rather than the quantity of products you sell. In short, it is difficult to compete … More Quality v. quantity

Blackstone holiday events keep local elves busy

Downtown Blackstone, Inc. (DBI) has been full of activity this holiday season, successfully coordinating retail promotions and image building events. The Second Annual Downtown Holiday Open House kicked off the season November 27. Following the Grand Illumination in the town park, DBi drew crowds into downtown by coordinating activities with the local merchants, such as carriage rides, choral … More Blackstone holiday events keep local elves busy

Video: Culpeper’s thriving foodshed

Downtown Culpeper’s focus on farm fresh food through the farmer’s market, destination restaurants, and special food themed events has contributed to the revitalization of the historic community.  Watch “Meet the Farmer” host Michael Clark talk with community leaders involved in the new vitality of Culpeper.  The segment features Culpeper Renaissance, Inc. in a success story that builds on the … More Video: Culpeper’s thriving foodshed