Business Insights & Resources

BWXT Announces Strategic Acquisition of Sotera Health’s Nordion Medical Isotope Business

Posted by Lynchburg EDA on May 30, 2018 7:58:36 AM

Lynchburg-based BWX Technologies, Inc. (BWXT) recently announced that it has signed a definitive agreement to acquire Sotera Health’s Nordion medical isotope business. This acquisition accelerates and de-risks BWXT’s entrance into the medical radioisotope market. It will add licensed infrastructure, approximately 150 highly trained and experienced personnel and two production centers to BWXT.

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Topics: Development, Business Attraction, Business

If You're a Business Owner or Entrepreneur, This is Why You Need a Mentor

Posted by Lynchburg EDA on Mar 22, 2018 4:40:43 PM

In our personal lives, we’re often not afraid to seek out help. We hire personal trainers to help us eat right and get in shape. We seek out financial advisors to help us maximize our investments. And, we look to therapists and mental health professionals to help us manage our day-to-day stresses. So, why wouldn’t the same concept apply to our business?

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Topics: Entrepreneurship, Launched in Lynchburg

The 3 Essential Resources You Need to Grow Your Business in Lynchburg

Posted by Office of Economic Development on Feb 22, 2018 9:38:44 AM

Whether you’re a small company or a large-scale corporation, there are always new opportunities to grow your business in Lynchburg. Our community is rapidly growing, which creates new needs for development. If you are planning on expanding your business soon, then you are choosing the right time in a great city! Here are 3 essential resources and tools you need to get started.

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Topics: Business

What Every Entrepreneur Should Know Before Starting a Business in Lynchburg

Posted by Lynchburg EDA on Feb 6, 2018 12:54:44 PM

Lynchburg is the city of opportunity. We welcome anyone who wishes to start a business, and aim to provide them with the resources necessary to be successful. However, starting a business can be exhilarating and terrifying at the same time. If you are looking to start a business in Lynchburg, read below to learn how to get started.

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Topics: Entrepreneurship, Business

Meet Your Spring CO.STARTERS Facilitators

Posted by Lynchburg EDA on Jan 10, 2018 2:21:30 PM

CO.STARTERS is a nine-week program that equips aspiring entrepreneurs with the insights, relationships, and tools needed to turn business ideas into action and turn a passion into a sustainable and thriving business. Each week, the group of entrepreneurs will tackle another aspect of building a business - from creating a lean canvas business plan, to driving marketing and sales and learning how to scale.

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Topics: Business Retention, Technology, Entrepreneurship, co.starters

Why Artisans and Organizations Need to Attend Create Lynchburg

Posted by Lynchburg EDA on Jan 3, 2018 3:15:00 PM

Ready to turn your creative idea into a thriving business? If you are a local artist or maker with a desire to start a creative business, then Create Lynchburg is an event you do not want to miss. Read below to discover why you need to attend this year’s event.

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Brownfields Grant Gives New Life to Lynchburg Properties

Posted by Lynchburg EDA on Dec 20, 2017 3:30:46 PM

The United States Environmental Protection Agency’s (EPA) Brownfields Program provides grants to communities, states and tribes to assess, clean-up and reuse contaminated properties. This program, which the City of Lynchburg has participated in since 2015, works to sustainably repurpose buildings that have or potentially have hazardous substances, pollutants, contaminants, controlled substances, petroleum or petroleum products, or lives on mine-scarred land.

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You Don't Need A Four-Year Degree

Posted by Lynchburg EDA on Aug 15, 2017 10:31:00 AM

The Lynchburg Beacon of Hope and The Region 2000 Workforce Development have partnered with Leadership Lynchburg for a series of videos. Together, we are raising awareness of rewarding jobs that don’t follow typical pathways of education. The Region 2000 Workforce Development’s mission is advancing a workforce to meet business and job seeker needs.

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Topics: Education

Meet Your New CO.STARTERS Facilitators

Posted by Lynchburg EDA on Aug 9, 2017 12:07:14 PM

CO.STARTERS is a nine-week program that equips aspiring entrepreneurs with the insights, relationships, and tools needed to turn business ideas into action and turn a passion into a sustainable and thriving business. Each week, the group of entrepreneurs will tackle another aspect of building a business - from creating a lean canvas business plan, to driving marketing and sales and learning how to scale.

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Topics: Business Retention, Technology, Entrepreneurship, co.starters

Want to Start a Business in Lynchburg? Hear From Some of our Leading Entrepreneurs.

Posted by Lynchburg EDA on Jul 26, 2017 10:49:00 AM

Lynchburg’s expanding businesses are making a big impact in Central Virginia. Lynchburg has over 3,100 businesses that boast a combined $2 billion in annual sales from a quarter of a million local and visiting consumers. Additionally, nationally acclaimed businesses such as Pacific Life, Genworth, and Frito Lay, all have sizable local branches that operate here. With this growing commerce, many of our forward-thinking residents, now successful entrepreneurs, are contributing to the regional marketplace. Read below to learn from our profitable local business owners and their stories of success as well as their advice for future entrepreneurs.

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Topics: Business