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Economic & Industrial Development Resources

Economic Development Resources

Certified Development Companies (CDC), Industrial Development Corporations (IDC) and Local and Regional Development Corporations (LDC & RDC), exist to support business development and growth within their community or region. Types of assistance offered include low cost financing, such as the SBA 504 Loan Program, site finding and statistical research.

Small Business Resource Partners

Program Description Location

PEOPLE INCORPORATED OF SOUTHWEST VIRGINIA

Provides small loans ranging from $500 to a maximum of $35,000 to prospective, small business borrowers in the service area of Southwest Virginia. Executive Director: Robert G. Goldsmith ... View details

Abingdon

GROUP ENTERPRISE DEVELOPMENT

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Tschaye Teferra Micro-Loan Contact:... View details

Arlington

VIRGINIA ECONOMIC DEVELOPMENT CORP

A non-profit corporation partnering with the US SBA and private sector lenders to provide growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and... View details

Charlottes-

ville

VIRGINIA ASSET FINANCING CORP

Fairfax

RAPPAHANNOCK ECONOMIC DEVELOPMENT CORP

Fredericks-

burg

BUSINESS DEVELOPMENT CENTER, INC

Offers services to business owners and prospective business owners in the cities of Lynchburg and Bedford, the towns of Altavista and Amherst, and the counties of Amherst, Appomattox, Bedford, and... View details

Lynchburg

TIDEWATER BUSINESS FINANCING CORP

Norfolk

CRATER DEVELOPMENT COMPANY

Petersburg

CENTER FOR COMMUNITY DEVELOPMENT

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Bruce Asberry Micro-Loan Contact:... View details

Portsmouth

VIRGINIA COMMUNITY DEVELOPMENT LOAN FUND

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Tim Hayes Micro-Loan Contact:... View details

Richmond

RICHMOND ECONOMIC DEVELOPMENT CORPORATION

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Stephen Schley Micro-Loan Contact:... View details

Richmond

SMALL BUSINESS ADMINISTRATION (SBA)

Works to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. View details

Richmond

JAMES RIVER DEVELOPMENT CORP

Richmond

TOTAL ACTION AGAINST POVERTY

Provides small loans ranging from under $100 to a maximum of $25,000 to prospective, small business borrowers and backed by the US SBA. Executive Director: Ted Edlich Micro-Loan Contact:... View details

Roanoke

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