Home Danville Economy City of Danville and Martinsville Receive Major Downtown Development Grants From State...

City of Danville and Martinsville Receive Major Downtown Development Grants From State Government – Mike Swanson

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Yesterday Governor Northam announced over four million in grants for community revitalization across the Commonwelath of Virginia. Danville and Martinsville are getting these grants:

North Main Hill Neighborhood Business District Revitalization Program | $150,000

Downtown Danville Association | City of Danville The Downtown Danville Association will partner with the Danville Regional Foundation and the city of Danville Office of Economic Development to pilot a new neighborhood commercial district revitalization program in historically BIPOC neighborhoods adjacent to downtown, such as North Main Hill. The organization aims to develop an action plan to provide services to an expanded footprint including but not limited to business assistance, marketing, fa├žade improvement programs, and place making rooted in economic inclusion. Upon completion, this will increase access to capital, loans, and grants, increase business training and start-ups, execute at least one resident-driven project, and lay the groundwork for infrastructure improvements such as WiFi hotspots.”

RDA Dream Launch Entrepreneurship Program | $90,000

City of Danville The Downtown Danville Association will organize a nine-week business training series, followed by a business plan pitch competition, focused on North Union/Spring Street, a historically Black commercial district adjacent to downtown Danville. Downtown Danville Association and its many partner organizations will focus on business types that serve the North Union neighborhood and will engage in outreach to identify potential entrepreneurs fitting with both the history and future of the area. At completion, the project will train more than 85 entrepreneurs, create or expand three businesses, and create at least five jobs.”

Uptown Partnership Community Business Launch | $90,000

City of Martinsville Uptown Partnership, in partnership with the Advancement Foundation, will host a 12-week business workshop series, followed by a business plan pitch competition, focused on Uptown Martinsville. Uptown Partnership recently completed a retail market analysis in 2021 and will use that information to guide its entrepreneurial outreach strategies, with a specific emphasis on small-scale manufacturing businesses and retail catering to the needs of uptown residents. At completion, the project will create or expand three businesses and create at least five jobs.”

For a list of all of the grants and more info check out this press release.