Business News NOW
From the Central Virginia Small Business Development Center

December 6, 2022
Supporting Small Business -
from Startups to International Expansion
Congratulations to Liquet Medical for receiving a
Commonwealth Commercialization Fund Grant!
The CV SBDC team is proud of the work Liquet is doing to improve the way vascular disease is treated. 
Liquet Medical is developing the Versus™ Catheter – a localized drug delivery catheter to treat blood clots in the lungs, otherwise known as Pulmonary Embolism (PE). This device allows a personalized approach to each patient through real-time biometric monitoring and data capture. It will also speed time-to-treatment and lower hospital costs.
We are looking forward to continuing to support Liquet as they advance toward application for FDA Clearance in 2023. 

SBA and IRS Updates
EIDL Hardship Accommodation Plan
The SBA has announced a program to help COVID EIDL recipients that have encountered financial hardship. Borrowers may make reduced payments for up to 6 months. The program is for those with EIDL loans of $200,000 or less, but there may be relief for larger credits as well.  
Restaurant Revitalization Fund UPDATE
If you applied for Restaurant Revitalization Grant (RRF) funds, keep an eye on your email. The SBA announced that they would be tapping into a portion of $83B in unused funds. SBA has contacted 169 business owners that will receive the money, which will be awarded in the order in which initial applications were received. The recipients will have until March 2023 to spend the money in accordance with program guidelines.
Recordkeeping Tips
Yes, it is already time to start talking about taxes. We realize this may only be considered an exciting topic for the accountants and CPA's in the audience, but for the rest of us, the IRS has put together some tips for recordkeeping to keep tax season a little less stressful.
Need help getting your records organized and ready for taxes? Contact your CV SBDC team to meet with an advisor! | 434-295-8198

Happening in Our Community
Region 9 Internship Collab - Getting interns is getting easier!
WE LOVE INTERNS! The University of Virginia has partnered with Virginia Career Works - Piedmont Region to connect students to work-based learning opportunities in the Central Virginia Region.
A grant, from the State Council of Higher Education for Virginia (SCHEV), is part of a state-wide initiative to connect students with businesses to create paid experiential learning opportunities. Learn about the Region 9 Internship Collaborative on their website.

Read about three University of Virginia students internships that made a big difference in Central Virginia in this spotlight article!

Starting Your Business

Thinking about starting a small business?
Have you started, but maybe missed some critical information? This workshop is for you!

In this workshop, we review the steps for a successful start, the registrations and regulations, and the components of sound business planning and financial projections.

Dec 8 | 9:00 - 11:00am

Central Virginia SBDC along with Shenandoah Valley SBDC, Capital Region SBDC, Laurel Ridge SBDC, SBDC Lynchburg Region, and Virginia State SBDC have partnered with Grow with Google to bring even more training opportunities to small businesses!

Grow with Google offers free training, tools, and resources to help you grow your skills, career, or business. Presenter, Randi Penfil, will present the final webinar of the Virginia SBDC network series for 2022.

Make Better Business Decisions with Google Analytics
Dec 13 | 1:00 - 2:00pm
Seminarios web en español
Spanish Webinars
Cómo determinar los costos para tu negocio 
(How to Determine the Costs for Your Business)
December 7 | 6 PM EST

Todo empresario tiene que saber cuales son los costos de proveer su servicio o producto. Al conocer cuales son los gastos de una empresa, usted tendra una mejor manera para evaluar cuanto usted debe cobrar por su servicio o producto.

Todas las capacitaciones se entregarán en Español a través de zoom. (All trainings will be delivered in Spanish via zoom.)

Impuestos y Gestión Financiera para Negocios de Comida 
(Taxes and Financial Management for Food Businesses)
December 12 | 6 PM EST

Información para personas que desean ser vendedores de comida, futuros chefs que deseen establecer o mejorar sus propios negocios y sus operaciones, vendedores de negocios de comida desde casa.

Enfoque especial: Cuales son las obligaciones como dueño de su negocio al nivel local, estatal y Federal. Cuales son los impuestos a pagar de la licencia de negocio, impuestos sobre bienes de la propiedad, impuestos sobre las ventas.

Todas las capacitaciones se entregarán en Español a través de zoom. (All trainings will be delivered in Spanish via Zoom.)

Determinación de los Costos del Proyecto y Estimación 
(Determination of Project Costs and Estimates)
December 14 | 6 PM EST

Para el desarrollo de un estimado para su cliente, es importante que usted conozco como puede desarrollar un sistema que le ayude a determinar costos laborales, materiales y generales de su compania.

Todas las capacitaciones se entregarán en Español a través de zoom. (All trainings will be delivered in Spanish via zoom.)

Access the CVSBDC Events Calendar and 
statewide training offerings

Tis the Season
Help us reach more small businesses with our free of charge, confidential, one-on-one advising. Join us in giving back, giving more, and giving big based upon your comfort and capacity. No amount of effort goes unnoticed and no donation is too small to contribute towards a positive impact in our community.

Thank you, in advance, for supporting your Small Business Development Center.  
Apply for CIC's signature
Entrepreneur Workshop!
In just 16 weeks, our Entrepreneur Workshop will help you take your business to the next level!

It's a hands-on course that provides you with weekly lectures, discussions, and applied learning activities to help determine if your business is viable, develop an initial plan for launching or growing your business, and learn the fundamentals of how to act on that plan.

What are you waiting for?
Submit your application now!

Central Virginia SBDC

Your Partners in Business:

​Supporting Small Business - from Startups to International Expansion

Serving the City of Charlottesville and the Counties of Albemarle, Culpeper, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Rappahannock.