Small Business Grants Norfolk Va – Starting a small business can be an exciting but overwhelming endeavor. Here are some links to tools to help you navigate the process.
All business and professional activities, according to order no. 38, 573, to purchase a business license before beginning to operate in the City of Norfolk, including home businesses. Licenses expire on 31 December each year. An electronic application is available at www.norfolk.gov/revenue/securerev/blappform.htm.
Small Business Grants Norfolk Va
The Norfolk City Development Department provides several resources on how to start a business in Norfolk.
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The planning department delivers planning and implementation services that emphasize the development of safe, healthy and fun places to work and live. This includes building safety, the Development Services Centre, regulation and long-term planning.
The Virginia Small Business Financing Authority (VSBFA), housed within the Virginia Department of Business Assistance, provides programs to provide businesses and communities with access to capital needed for economic growth and expansion.
The US Small Business Administration (SBA) was established in 1953 as an independent agency of the federal government to assist, advise, assist and protect the interests of small businesses, to preserve free competitive enterprise and to maintain and strengthen the general economy of our economy. a nation
The Hampton Roads Chamber of Commerce, in partnership with Thomas Nelson Community College, the Mason Enterprise Center at George Mason University and the US Small Business Administration, offers business guidance and educational programs for businesses with 99 or fewer employees. The Small Business Development Center helps entrepreneurs identify and evaluate the most important factors related to the success of his or her venture. Join us to learn about how to get funding such as grants, debt/loans, equity/investors and bootstrapping for your small business.
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Access to capital refers to how difficult or easy it is for someone to get money or resources for their business. When starting or running a business, most people want access to capital. Businesses in the United States have access to a variety of financing options. On the other hand, it can be difficult to get funding for a business, let alone a member of a group that has been subject to discrimination and prejudice for decades.
The NSU Innovation Center (NSUIC) and Small Business Development Council (SBDC) will provide you with information and requirements for obtaining funding, such as grants, debt/loans, equity/investors, and bootstrapping. In addition, this Access to Capital program will include a non-bank SBA 504 financing program aimed at existing businesses.
Current economic development efforts include consulting/consulting work with the Hampton Roads Small Business Development Center, Inc., and the Hampton Roads Chamber of Commerce. I am an active member of the Hampton Roads economic development ecosystem (2020 to present)
Holloran Enterprises, owner of a strategic business planning, investment and consulting firm. Investments and ongoing operations in three industries. Additional consulting efforts on average several projects per year for both for-profit and non-profit organizations. The work is primarily in the Hampton Roads area of Virginia; (2007–present)
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Day & Zimmermann: Senior Vice President for Strategy, Mergers and Acquisitions, and General Manager responsibilities in Norfolk, Virginia, reporting to the President responsible for strategy development; mergers and acquisitions; and business services for a $1.3 billion industrial energy conglomerate that provides engineering, maintenance modification and specialty contracts to power industry and government customers. (Day & Zimmermann is the firm acquired by The Atlantic Group); (2006–2019)
Vice President of Strategic Planning and shareholder of The Atlantic Group (minority owner), a specialty contractor to the electrical industry. Reported to the President and Member of the Board responsible for strategic planning and select operational components of a $300 million managed service provider serving the electrical industry and government: (1997-2006)
Eleven years with the Hampton Roads Chamber of Commerce and Thomas Nelson Community College as Executive Director of the Small Business Development Center (SBDC)). Develop and implement regulatory assistance, international and financial programs throughout the Hampton Roads region to over 2,200 small businesses, resulting in approximately 300 additional jobs and additional capital investment of over $17 million annually. Implementation of defense conversion, economic and technological assistance programs in support of regional economic development efforts, including the 2007 plan, Center for Innovative Technology and local municipal economic development departments.
Active professional financial development activities include membership in 757 Angels (a network of private investors and business leaders in the Hampton Roads area of Virginia); Angel Capital Association; National Association of Investors; a three-decade member of the Hampton Roads Chamber of Commerce, including board service, vice chair of small business and a founding member of the chamber’s political action committee; Past economic development and community activities include Member, Urban Business Development Corporation Loan Committee; Business Advisory Committee, Thomas Nelson Community College; International Education Committee, Thomas Nelson Community College; Board of Regents, Virginia Peninsula Chamber of Commerce Small Business Success Center; City of Hampton Retail Advisory Council Chair; Appointment of Mayor to Virginia Beach Economic Development Strategic Planning Committee; Appointment of a Mayor to the Norfolk Task Force on Small Business Funding; Appoint the Mayor to chair the Committee to Review the Virginia Beach Recreation and Boating Ordinance; Appointment of Mayor in 1990 Census Completed Census Committee; Instructor, guest speaker and seminar trainer on various business topics at Christopher Newport University, George Washington University, Regent University, Thomas Nelson Community, Virginia Polytechnic Institute and State University, Hampton University, and for the microloan program at the Hampton Roads Center for Community Development. Current member of National Collegiate Athletic Association and Virginia High School League for leadership activities; Active philanthropic efforts have focused on the American Cancer Society, Union Mission and two national 503 © organizations.
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Graduated from six-year US Chamber of Commerce Institute Certificate Program in Business and Economic Development, Nonprofit Management and Administration, City Planning and Legislative Training, 1992; and graduated from the American International University School of Trade Specialist, 1994.
Author and co-author of over 483 articles on economic development and small business topics published in national newspapers and trade magazines.
Married (Theresa), with three sons, Neil, Eric and Brandon and two daughters Jessica and Baylee; Interests include managing sports, fitness, philanthropic work with Theresa and investing in a family financial portfolio. Business interests force me, reluctantly, to play golf from time to time.
The mission of the NSU Innovation Center is to serve as a liaison between Norfolk State University and the surrounding community. The center’s primary goal is to promote entrepreneurship for both entrepreneurs and existing entrepreneurs by providing resources that support sustainable, scalable businesses.
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Our Vision: To represent Norfolk State University as a champion of innovation and to foster a strong, thriving community of innovators and entrepreneurs in Hampton Roads. innovation across the sector and by providing the information, support and access to the resources needed to conceptualise, launch and grow scalable businesses.
Wednesday 30 November 2022 at 10.00 to 11.00. Add to Calendar Google Calendar Outlook Calendar iCal Calendar Yahoo CalendaNORFOLK, VA – The Norfolk Department of Economic Development completed the third round of its capital access program. The program provides four grants and one loan with different amounts that correspond to different levels of business and come from different financing partners. The institute received over thirty applications and is looking forward to continuing the program with the fourth round of applications which started on 1 January
This round, a total of $295,000 was awarded to thirteen businesses. Among the awards was the department’s first successful applicant for a revolving loan, G5 Enterprises, LLC, which received a $50,000 loan. G5 Enterprises is a minority, women-owned construction and management company specializing in general contracting, design construction, building applications, renovations and repairs, and is located at 258 Granby Street.
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The purpose of this loan is to assist with capital needs in relation to municipal contracts that have been awarded. The Revolving Loan Fund (RFL) was created to provide to businesses that cannot access capital through traditional mainstream sources. RFL provides non-traditional and unique loan terms that can be tailored to individual business needs.
In addition, Norfolk Economic Development awarded five Micro Grants, a program funded by Community Development Block Grant (CDBG) from the US Department of Housing and Urban Development (HUD) capped at $10,000, to:
This round of CAP was the most successful to date and was a great addition to the program as a whole, ending the first year of the program with $590,000 awarded to 28 companies. The Norfolk Department of Economic Development is currently in the fourth round of applications which closes on January 31st
Our mission is to generate wealth for the City of Norfolk through business expansion, improvement and new business development as well as our neighborhoods.
Starting A Small Business
The mission of the Economic Development Authority (EDA) is to create jobs, increase the use of Norfolk properties, encourage business capital investment, increase revenue by increasing the tax base, focus efforts to build on the strengths and needs of neighborhoods, and support small and medium-sized businesses.