Business News NOW
From the Central Virginia Small Business Development Center

December 7, 2021
"I'm working with the SBDC to help small businesses in our region with their digital marketing. It is my mission to support small businesses and nonprofits to create more visibility in an ever crowded digital world." - Scott Hamler
Meet Scott Hamler
Scott Hamler has joined the CV SBDC team as our new technical advisor. Scott's areas of expertise are social media & advertising. Outside of the SBDC, Scott runs his own business, Forezee Marketing Solutions.

A native of Central Virginia, Scott is no stranger to Central Virginia businesses, both as a consultant and a business owner. Scott brings his social media & advertising technical know-how from 15 years of experience working with national and local press and media channels.

Contact us to set up a meeting with Scott! | 434-295-8198
CHANGES: Employee Retention Tax Credit
What you need to know about ERTC
The recently signed Infrastructure Investment and Jobs Act ended the ERTC retroactively to October 1, which would reduce the maximum credit available from $28,000 to $21,000 per employee.  This also means that employers that had already taken this credit for the 4th quarter will need to pay back the payroll taxes retained.

The one exception to the adjusted expiry date is for “Recovery Start Up Businesses” (a/k/a RSBs), which are defined as businesses that meet the following criteria:
  • Started in operation after February 15, 2020
  • Generated average annual gross receipts of $1 million or less
  • Employs 1 or more non-owner
  • Does not qualify for the ERTC

If you believe you might qualify as an RSB or have any questions concerning the ERTC it is highly recommended that you seek input from a qualified tax consultant.  The questions surrounding this program are very nuanced and could be quite complicated, with significant potential tax liabilities possible.  In addition, we suggest addressing the impact of these changes during the current tax year rather than ignore the potential impact on your business taxes. 

Contact the CV SBDC team for assistance with the ERTC or to be connected to accountants in your area at
or 434-295-8198.
Free Websites!

Do you need a business website? CV SBDC can build yours, FREE.
Check out our Website Jump Start Portfolio to see examples great websites we've created with local businesses, and apply today for yours!
Featured Upcoming Events
Marketing, Sales, and Your Brand
Dec 16 | 6:00 - 8:00 PM

Let's talk about your target customers, tools to connect with them and achieve sales, and how your brand identifies with them and your employees.
Taught by Greg Dorazio and Tom Kelly, SBDC's nationally and locally experienced marketing advisors.
Entrepreneurship Certificate Part 2
Classes can be taken in any order. SBDC clients can take any of the Entrepreneurship Certificate classes whether or not they are working to complete the certificate.

For more information about the Entrepreneurship Certificate,
Marketing Monday is back for 2022!
Join the CV SBDC team for lunch hour, noon-1:00pm on the first Monday of each month. Marketing Monday workshops are offered online via Zoom.

Grow Your Business With Digital Marketing
Jan 10 | noon - 1:00pm
Presented by Cameron Nelson, Chief Digital Advisor, CV SBDC and Virginia SBDC

Facebook Ads Tips & Tricks
Feb 7 | noon - 1:00pm
Presented by Molly Bossardt, Bread and Butter Digital Marketing
Access the CVSBDC Events Calendar and statewide training offerings
Build your business with CIC!
Entrepreneurship is hard. It takes time, grit, determination, and commitment. Knowing where to start can seem overwhelming, but it doesn't have to be.  Community Investment Collaborative (CIC) offers a 16-week, intensive series of workshops to cover all of the fundamentals you need to begin to build a successful business. If you or someone you know wants to take the first step in creating generational wealth and establishing your unique legacy, apply today! Let CIC help you secure a future you can be proud of! 

Central Virginia Small Business Development Center | Visit our website
Charlottesville main office phone: 434-295-8198 Culpeper direct phone: 540-727-0638
Culpeper office: 803 South Main Street, Culpeper, VA 22701