Remember as a start-up<br />your place in the food chain<br />
Small Business in Virginia<br /><ul><li>Small Businesses constitute 99% of all Virginia businesses.
Small Businesses create over 60-80% of all new jobs.
Small Businesses account for half of the Commonwealth of Virginia’s contribution to the U.S. Gross Domestic Product - a whopping $160 billion. </li></ul>Virginia is for Business Lovers<br />
Virginia is for Business Lovers<br />Virginia ranked #1 state for business by Forbes.com last four years.<br />Ranked #1 most business friendly state by Pollina Corporate Real Estate, Inc. last two years.<br />Named #1 best states for business by CNBC.<br />Virginia is for Business Lovers<br />Ask VBIC = 866-248-8814<br />
The Virginia Department of Business Assistance<br />VDBA supports economic development in the Commonwealth by working with new and existing businesses to provide business and economic development communities with:<br />workforce incentives<br />financing<br />business information and counseling<br />state procurement assistance<br />incubator counseling and<br />educational opportunities <br />www.vdba.virginia.gov<br />
Formula for Success<br /><ul><li>Critical information for decision making
150 Events – 7,500 Trained</li></li></ul><li>Virginia’sBusiness One Stop<br />Are you starting a business?<br />Virginia’s Business One Stop system can help you determine your business formation requirements and can pre-fill your business registration forms.<br />Winner of the 2009 Governor's Technology Awards<br /><ul><li>Visit http://www.virginia.gov/bos/index.html to access the Business One Stop System.
Answer a few brief questions about your business.
Receive a list of action items and pre-filled business registration forms.</li></ul>Questions? Contact the Virginia Business Information Center<br />1-866-248-8814 (804) 371-0438 firstname.lastname@example.org<br />
One–on-One Counseling Sessions<br />Need Based:<br />Accessing New Markets/Sales Growth<br />Tailored Sales Development Solutions<br />Financing Resources<br />Social Media for Your Business<br />To schedule an appointment, contact:<br />Sandy Ratliff, Business Services Manager<br />276-676-3768<br />Email: email@example.com<br />
Entrepreneur Workshops<br /><ul><li>Launched October 2006
Partnership with Service Providers and localities
Provide information on available resources to start and grow a business
Small businesses that are retooling and installing new technologies
Company must retrain minimum 10 full-time employees. </li></li></ul><li>Financing Programs<br />Direct Lending: In partnership with banks and other lenders, we provide direct loans in economic development transactions. We also provide direct loans under specific programs designed to promote environmental stewardship and assist licensed daycare centers and family home providers. <br />Indirect Lending: We provide loan guarantees or other types of credit enhancements to commercial banks in order to increase access to capital for businesses. <br />Conduit Financing: We are the statewide conduit issuer of tax-exempt industrial development bonds for manufacturers and 501c3 organizations.<br />
The VSBFA Does Not Give…<br />Grants<br />Loans or guaranties of loans without collateral<br />Loans or guaranties of loans without personal guaranties from all significant owners<br />
OTHER AVAILABLE RESOURCES<br /><ul><li>Virginia Department of Labor – Apprenticeship Program
Combination of on-the-job training and classroom instruction.
Advantage of skilled workforce and reduced turnover.
OTHER AVAILABLE RESOURCES<br />Virginia Economic Bridge, Inc.<br /><ul><li>Non-profit organization to promote the economic vitality of SWVA and the Commonwealth.
Virginia’s Business Pipeline – Online searchable database of more than 24,000 Virginia based companies, business to business marketing & RFP resource</li></ul> www.VirginiaBusiness.org<br /><ul><li>Virginia’s Linked Workforce Showcase – Designed to create business partnerships yielding contracts between SWVA and Northern Virginia by connecting companies in specific industry sectors. </li></ul> www.LinkedWorkforceShowcase.org <br />
Starting and Growing a Business<br />Business Formation Assistance<br />Small Business Development Center Network = www.virginiasbdc.org<br />SCORE = www.score.org<br />Virginia Business Information Center = 866-248-8814<br />Virginia Central Business Portal = www.business.virginia.gov<br />Virginia Business Incubator Association = http://www.vbia.org/<br />
Marketing Resources<br />SCORE = www.score.org<br />Virginia Tourism Corporation = www.vatc.org<br />Virginia Economic Bridge, Inc. = www.virginiabusiness.org<br />Virginia Department of Agriculture – Virginia’s Finest Trademark = www.vdacs.virginia.gov<br />
Financing Resources<br />Virginia Small Business Financing Authority = www.vdba.virginia.gov<br />Small Business Development Center = www.virginiasbdc.org<br />Small Business Administration = www.sba.gov<br />Local Economic Development Office or Chamber of Commerce<br />
“If you always do what you’ve always done, You will always get what you’ve always got!”<br />