The Chamber's Partnership for Economic Growth (C-PEG) operates its Startup Martinsville-Henry County (Startup MHC) initiative to assist startup and growing small businesses in Martinsville and Henry County. Startup MHC is an entrepreneurial mentoring program with an intensive eight-week entrepreneurial boot-camp program for startups and four-week boot-camp for growing companies. The application process is competitive and requires that applicants agree to the program guidelines.
Partners include C-PEG, City of Martinsville, Henry County, George W. Lester, II fund through the Community Foundation Serving Western Virginia and the Campbell Family Group. Additionally, Appalachian Power is a sponsor of Startup and Grow Martinsville-Henry County, and American National 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 generous private sector funding through the Campbell Family Foundation. To date, the initiative has successfully graduated 231 individuals from its training program, awarded 52 businesses with over $204,750 in cash and in-kind funding. These businesses have created over $3,556,000 in new capital investment and created 190 new jobs.
C-PEG partners with Patrick & Henry Community College to deliver the entrepreneurial boot camp sessions as well as Longwood’s Small Business Development Center, SCORE and the Martinsville-Henry County Economic Development Corporation and staff from the City and County, local entrepreneurs and business experts.
Mayor Kathy Lawson said, “Since its inception in 2015, the City of Martinsville has been a dedicated partner in the Startup and Grow MHC initiatives, and we are excited to support a new group of enthusiastic entrepreneurs. Startup and Grow MHC are important to our efforts to grow small businesses, and we are glad to have the Chamber as partners to further advance the development of our community.”
Jim Adams, Chair of the Henry County Board of Supervisors said, "Henry County is pleased to continue to support Startup and Grow MHC. This important initiative has proven success growing entrepreneurship in our community, and we look forward to new ventures that will be launched or expanded from the round in 2022."
Please contact Lisa Watkins with the Martinsville-Henry County Chamber of Commerce with any questions at 276.632.6401 or email@example.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.
Special thanks to our Startup sponsors.