Governor Glenn Youngkin announced that $2,910,500 in Virginia Main Street (VMS), Community Business Launch (CBL), and Virginia Business District Resurgence (VBDRG) grants for 45 projects across the Commonwealth. The funded projects will revitalize historic commercial districts, expand small businesses, and bolster the local economies. According to the office of the Governor, the Virginia Department of Housing and Community Development (DHCD) administers all four programs, and the funding is utilized to support small business creation and expansion, as well as the revitalization of historic downtown and Virginia Main Street districts. CBL projects train entrepreneurs and small-business owners on business planning practices, culminating in a group of finalists pitching their ideas to a panel of judges with winners receiving grant funding and support services from the community to kick-start their new venture.
Governor Glenn Youngkin announced that $2,910,500 in Virginia Main Street (VMS), Community Business Launch (CBL), and Virginia Business District Resurgence (VBDRG) grants for 45 projects across the Commonwealth. The funded projects will revitalize historic commercial districts, expand small businesses, and bolster the local economies. According to the office of the Governor, the Virginia Department of Housing and Community Development (DHCD) administers all four programs, and the funding is utilized to support small business creation and expansion, as well as the revitalization of historic downtown and Virginia Main Street districts. CBL projects train entrepreneurs and small-business owners on business planning practices, culminating in a group of finalists pitching their ideas to a panel of judges with winners receiving grant funding and support services from the community to kick-start their new venture.