Business Insights & Resources

Virginia Tourism Corporation Releases Positive Numbers for Lynchburg

Posted by Lynchburg EDA on Oct 5, 2018 12:46:24 PM

The Virginia Tourism Corporation recently announced their 2017 tourism revenue statistics for the Commonwealth, which provided positive insight into the growth the City of Lynchburg has seen. This report, which documents all domestic travel for all Virginia counties in the entire year, represents 133 counties and independent cities and highlights travel expenditures, travel-generated employment and payroll income, as well as tax revenues for federal, state and local government.

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Scholarships Being Offered to All Lynchburg City School Seniors

Posted by Lynchburg EDA on Sep 12, 2018 11:00:00 AM

There’s now even more reason to love and live in Lynchburg, Virginia. Starting with the Class of 2019, all seniors who attend Lynchburg City Schools will have an opportunity for a scholarship at one of the local colleges.

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The Best Resources for Growing Your Business Well in Lynchburg

Posted by Lynchburg EDA on Jul 19, 2018 1:44:48 PM

When you start a business, there’s plenty of excitement, adrenaline and ambition at the beginning. But then you get one year or a couple of years into your business and you devote your energy and time performing a balancing act between finances, objectives and customer relations. As a business owner, your plate can fill up quickly and the idea of growth can seem more daunting than exciting at times—especially when you don’t know where to start. However you’re in luck, because you started your business in Lynchburg, The City of Opportunity. And here, you will find a welcoming, supportive community with resources that can help move your business into the next phase of growth.

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Topics: Business, Launched in Lynchburg, Development

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: Business, Business Attraction, Development

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: Launched in Lynchburg, Entrepreneurship

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: Business, Entrepreneurship

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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