It's all in initials- Partners
This agency provides economic development for the state of Virginia.
Who is VEDP- The Virginia Economic Development Partnership
How is the Brookneal Campbell County Airport hangar project being financed
- Virginia Resource Authority revolving loan fund (1pt)
- backed by the Virginia Department of Aviation (1pt)
Terms: $0 down, 5.15% apr, 25 years
Name the three main functions of economic development
1. Marketing the County to prospective businesses
2. Supporting the existing business community small/large
3. Providing business programs ( incentives/ grant)
4. Tourism Programs
When is the next Start Small Grant application deadline?
When is April 1st
This regional agency fills a dual role as the regional economic development office as well as the area chamber of commerce.
Who is LRBA- The Lynchburg Regional Business Alliance.
Site development is a major priority in Virginia, is Campbell County doing anything to compete?
Must get all for the point:
- 100,000 sf speculative building on Lots J, K and disturbing the property line on lot L
- Proposing a 22-27,000sf pad ready site grant application for Lot L
- Concluding due diligence on Airport Commerce Park (May 2024)
What doe the initials BRE stand for in business programming?
Business Retention and Expansion
Typically these programs are implemented through visits in conjunction with regional and state partners.
A business that has existed in the state of Virginia is opening their third location in Altavista in April 2024. Are they eligible?
Yes.
This regional agency is responsible for identifying opportunities for coordination among the region's local governments. They encourage collaboration in addressing challenges that have greater than local significance
What is the CVPDC
Central Virginia Planning District Commission
The IDA is narrowing down their options for expansion of their existing building OR building another shell building on Lot B.
What is the easiest way to stay in the know about business news in Campbell County?
- social media
- call
- newsletter
-website upates
Name 3 three of the criteria a business must meet to be eligible for the Start Small Campbell Grant:
- open less than 3 years OR start up
- have a current business license in Campbell County
- Be in good standing with the treasurer's office and commissioner of revenue
- complete 2 start up tool box classes with SBDC
- submit a business plan that has been reviewed by the SBDC
- complete the online application