Governor Northam Announces $180,000 in Virginia Community Business Launch Awards
BUCHANAN—Governor Ralph Northam today announced $180,000 in Community Business Launch (CBL) grants for Giles County, the city of Norton, and the towns of Buchanan and Culpeper. The CBL funding will provide training to entrepreneurs and assist the communities in conducting business plan competitions that align with local and regional economic development strategies, primarily in Virginia’s downtown commercial districts. Governor Northam made the announcement at an event in the town of Buchanan, where he presented local officials with a check.
“This initiative recognizes the importance of small business in our communities and combines funding with educational training to help prepare budding entrepreneurs to run successful businesses in their home communities,” said Governor Northam. “By aligning regional and local economic strategies with a community’s unique vision for its future, we can build support for the new and expanding businesses that fill storefronts and create new job opportunities.”
The CBL program is implemented through the Virginia Department of Housing and Community Development (DHCD) with a goal of supporting localities in their efforts to create a productive environment for new businesses and jobs that support their vision for revitalization.
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