FOR IMMEDIATE RELEASE
12/17/2024 - MARTINSVILLE, VA - The Chamber's Partnership for Economic Growth (C-PEG) is launching its application process for the Spring 2025 round of StartUp Martinsville-Henry County. StartUp Martinsville-Henry County is an 8-week boot-camp for new companies who have been in business for 2 years or less. The application process is competitive, and applicants must comply with the program guidelines. Applications are due by noon on Thursday, January 9, 2025.
Partners include C-PEG, City of Martinsville, Henry County, Community Investment Collaborative, the Campbell Family Group and the George W. Lester, II fund through the Community Foundation Serving Western Virginia. Additionally, Appalachian Power is a sponsor of Startup and Grow Martinsville-Henry County, and Atlantic Union Bank is the small business sponsor for Chamber and C-PEG events.
Since 2015, when the initiative originally began as Startup Martinsville in the Uptown Martinsville area with a Community Business Launch grant from the Virginia Department of Housing and Community Development, the geographic area has grown to include the entire footprint in the City of Martinsville and Henry County thanks to support from both locales and private sector funding. C-PEG received additional grant funding from the Tobacco Region Revitalization Commission which awards a dollar-for-dollar match to businesses from the targeted sectors including agribusiness, technology, small-scale production, manufacturing, and health care businesses. Recently, C-PEG received a donation from the Community Investment Collaborative for the StartUp MHC incentive awards.
To date, the initiative has successfully graduated 349 individuals from its training programs, awarded 96 businesses with over $693,720 in cash and in-kind funding.
C-PEG partners with Patrick & Henry Community College to deliver the entrepreneurial boot camp sessions as well as Longwood’s Small Business Development Center, and a host of staff from the City and County, local entrepreneurs and business experts.
All interested participants are encouraged to complete the application located at the link labeled Boot Camp Application by the deadline of January 9, 2025. Applications are being accepted for the StartUp MHC boot camp only. More details can be found in Guidelines for Start Up MHC and Grow MHC link below.
Please contact the Martinsville-Henry County Chamber of Commerce with any questions at 276.632.6401 or mhccoc@mhcchamber.com.
Martinsville-Henry County Chamber's Partnership for Economic Growth (C-PEG) is an independent, yet closely aligned, charitable affiliate of the Martinsville-Henry County Chamber of Commerce. C-PEG is charged with funding and supporting the area's efforts to improve economic growth.
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