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.
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.
A major change to healthcare has started in Downtown Lynchburg. The Community Access Network (CAN) is an integrated medical and behavioral health provider, primarily serving uninsured and underinsured children and adults. Primarily serving the downtown and mid-town areas of Lynchburg, CAN focuses on low-income patients with complex medical, behavioral health, and social needs.
Economic Development Programs
The Office of Economic Development works to build a range of local programs and incentives to create and retain jobs, improve Lynchburg's infrastructure and assets, and invest in local quality of life initiatives.
Randy Smith purchased the former Campbell Payne building on Thurman Avenue last November, and plans to open The Craft Crucible doors this fall.
In 2008, Randy Smith left the corporate world, where he worked as a mechanical engineer, to build beautiful handcrafted wooden furniture and the Kashiwa Woodworking brand. Flash forward eight years, and Smith is about to open the doors to a new Midtown-based workspace and lumber shop: The Craft Crucible.
Lynchburg, Virginia has two Commonwealth of Virginia Enterprise Zones: #2 and #46. These zones span 4,200 acres of commerical property in Lynchburg. The program is managed by the Virginia Department of Housing & Community Development, with the Lynchburg Office of Economic Development serving as the local zone administrator.
On April 1st, 1891, a man named Nathan B. Handy opened the doors to his new business in Lynchburg, Virginia. When N.B. Handy was founded, the company primarily served the roofing market by supplying metals, hardware materials and fabrication equipment. Today, the business now employs 350 people in 13 locations along the East Coast between Baltimore and Atlanta.
Lynchburg, VA is an old city, which is why many developers have turned to redeveloping older buildings instead of building on vacant lots. The result? A striking blend of old, rustic and industrial architecture with a modern and fresh flair that gives Lynchburg character.
Here are some examples of successful redevelopment projects in Lynchburg, Virginia:
Lynchburg, Virginia poses many great investment opportunities. In fact, here are five reasons why Lynchburg is an ideal location for new development. Learning how to secure a permit is one of the first stages of any development or redevelopment project.
But, this process doesn't need to be as daunting as it seems. Follow these quick steps from a chapter of Lynchburg's Guide for Developers to get the permit process out of the way and start construction as soon as possible.
Which of the three following types of development are you interested in?
1. Repairing, altering or adding to existing dwellings