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Charlottesville, VA Business News

City reports positively on renewed relationship with SBDC

Posted by lbanner on September 11, 2007

In their August edition of “ED News,” a monthly pub of the City’s Office of Economic Development, the City of Charlottesville expresses all good feelings in regards to their renewed relationship with the Central Virginia Small Business Development Center (CVSBDC). The City reinstituted financial support for the local SBDC in January of this year (2007). At one time fiscally managed by Piedmont Virginia Community College, the local SBDC lost most of its local funding and was temporarily managed out of James Madison University at the start of 2003. It was re-established with a local office under the direction of Nora Gillespie in August of that year.

The City shared the following results thus far for 2007, “24 City based prospective and established entrepreneurs have received direct one-on-one counseling from the Center. In addition, 13 more have attended a training session during that period.” The hoped for outcome of the City’s funding relationship with the local SBDC is that by helping these businesses become viable and successful in the long term, the SBDC can facilitate economic development within the City of Charlottesville.

For many years the City’s Office of Economic Development provided free business seminars of their own. But those offerings ended with the retirement of Economic Development Specialist William Harvey in June of this year.

“ED News” also notes that in the Fall the CVSBDC will be launching a new initiative to help spur entrepreneurial success in the Charlottesville Region, the Business Advantage Circle Program. The new program “aims to bring together professionally facilitated peer advisory groups composed of business owners in non-competing businesses. The groups are designed to provide a forum for problem solving, sharing best practices and ultimately creating successful businesses.”

For more information or to seek assistance from the CVSBDC visit www.avenue.org/sbdc or call 434-295-8198.

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