GO Virginia approves grant for Small Business Resiliency Teams
The Virginia Growth and Opportunity (GO) Board approved an $81,813 grant proposal submitted through a regional partnership between Harrisonburg Economic Development, Frederick County Economic Development, the Shenandoah Valley Small Business Development Center and the Lord Fairfax Small Business Development Center.
The grant will be used to create a Small Business Resiliency Team (SBRT) program with the goal of providing expanded business support services and technical assistance to area businesses in the wake of COVID-19 challenges. The program will deploy Business Resiliency Navigators to guide growth-oriented businesses through a dedicated and well-designed process for achieving incremental and sustainable growth throughout the pandemic recovery period.
Business Resiliency Navigators will work directly with small businesses, assisting with e-commerce, financial management, and marketing needs. The SBRT’s focus is on tourism, retail, healthcare, and professional services businesses, however other companies will be considered. In addition to providing assessments, development of action plans, strategic counseling, and targeted training, the program will provide for services such as accounting, bookkeeping, website development, or e-commerce assistance rendered by industry experts as recommended by the SBRT.
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