Tuesday, November 19, 2024 | |
|
Anna Prezioso with Mad Batter Bakery & Bistro
Anna Prezioso has always had a love for baking and decorating cakes. At Mad Batter Bakery & Bistro, Prezioso provides sweet moments of joy for her customers with her custom cakes and cupcakes. Traditional cakes are available in seventeen flavors but there are also dietary inclusive options, like gluten-free, dairy-free and vegan. Prezioso's success at the Mad Batter Bakery and her love of her community has inspired her to expand, opening another location that features a robust breakfast menu with an abundance of delicious choices.
“We have been working closely with the advisors from the SBDC and the wealth of information that they have been able to provide us along the way has been tremendous. We have gained so much knowledge and look forward to continuing this process through the years. I never knew how helpful one organization could be. The people have been super supportive, very knowledgeable and very willing to help us succeed.”
Immadbatter.com
| |
Meet Our New Business Advisor!
We're excited to welcome Philippe Sommer to the CVSBDC team as a Business Advisor! Many of you may recognize Philippe from his involvement with the ICAP program. He brings a wealth of expertise in life sciences and venture funding, making him an invaluable resource for startups in these fields. Philippe is well-versed in funding strategies, term sheets, and valuation, with a special focus on the unique needs of life science companies. His extensive background includes leading Mergers and Acquisitions at Pfizer, founding and managing a Life Science Venture Capital Fund at CIBC/Oppenheimer, and starting several companies of his own. In addition, Philippe has a strong track record of mentoring and teaching at top institutions, including UVA/Darden, Northeastern University – Bouvé CLS, and George Mason’s ICAP program.
| |
The Central Virginia SBDC
2024 Annual Report is Here!
Thank you for helping us make 2024 a fantastic year! It was our pleasure to serve 2,672 clients within the 10 municipalities our office serves. Our clients reported 26 new business starts, 784 new jobs created, $118 Million in capital formed, and $23 Million in sales across clients.
CV SBDC's free, confidential 1:1 advising, webinars, connections and support helps drive small business in the communities we serve.
Read More Here
| |
|
Get Ahead of the Holiday Rush and Prepare for the Slow Season and Tax Time!
With the holidays approaching, now is the perfect time to prepare your records and plan for the post-holiday slowdown and tax season. Meeting with an advisor at the Central Virginia Small Business Development Center can help ensure your business is ready to thrive through the busy season and stay strong afterward.
Schedule a session with one of our advisors today, and let us help you plan for success through the holidays and beyond!
Schedule a session with one of our advisors today.
| |
|
The U.S. Department of the Treasury has compiled a great resource guide specifically for small businesses located in Virginia. This guide gives you a comprehensive list of resources for Accessing Funding, Customers, and Technical Assistance.
Download your guide here.
| |
|
Reporting BOI (Benefit Ownership Information)
Beneficial Ownership Information (BOI) reporting is a requirement for certain companies to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN).
Who must report: Corporations, limited liability companies, and other similar entities that are registered or created to do business in the U.S.
How to report: Reports must be submitted electronically through FinCEN's Beneficial Ownership Secure System (BOSS). The process is free, quick, and secure, and most companies can file without professional help.
Find out more and report here: FinCEN.gov
| |
|
SBA Proposed Rule Expands “Rule of Two” to Multiple-Award Contracts
The U.S. Small Business Administration (SBA) issued a proposed rule on Oct. 24, 2024, expanding federal agencies’ ability to give preference to small businesses on task and delivery orders issued under multiple-award contracts (MACs). The proposed rule, which expands the “Rule of Two” with certain exceptions, is expected to boost small business contracting by up to $6 billion each year. Learn more.
| |
|
Wednesday, November 20 | 10:30–11:30 AM EST
This webinar will cover general information for those who are interested in the process of doing business with FEMA – including how to correctly fill out the Disaster Recovery Response section for your business to be added to the Disaster Response
Registry. Speaker: Jessica Dotson, Program Manager of the Southwest Virginia APEX
Accelerator. For questions please contact ramain.gohar@sbsd.virginia.gov
| |
|
FREE Business Accelerator & an opportunity to receive $10K in grant funding!
Applications are now open for the FedEx Entrepreneur Fund and Boost Camp program, in partnership with Hello Alice and the Global Entrepreneurship Network (GEN). Apply for one of 150 spots in this 12-week digital growth accelerator, offering expert-led sessions, mentorship, education, and a peer network. Accepted participants also have the chance to receive a $10,000 grant (funding not guaranteed). Apply by December 13, 2024, at 6 p.m. ET. Apply now.
| |
|
Access Funding with the Virginia Small Business Financing Authority
The Virginia Small Business Financing Authority (VSBFA) provides a range of financing options to help small businesses grow and succeed. Whether you're seeking loans for expansion, equipment, or working capital, VSBFA offers programs designed to support businesses at various stages. Explore how your business can take advantage of these funding opportunities to fuel your growth. Learn more.
| |
|
SBA–Working Capital Program
SBA recently launched a new financing pilot that is particularly suited for supporting manufacturing growth. Working capital loans, in contrast to term loans, is money available to meet short term financial obligations such as purchasing inventory, paying short-term debt, and day-to-day operating expenses.
The Working Capital Program (WCP) Pilot is part of the SBA’s suite of guaranteed 7(a) loan programs and will support revolving lines of credit up to $5 million.The new WCP combines domestic and export financing under a single program.
| |
|
Agriculture Small Business Loan Fund for Counties Affected by Hurricane Helene
The VSBFA's Agricultural Disaster Microloan Program provides support for Virginia's agricultural and forestry small businesses impacted by Hurricane Helene. Loans range from $5,000 to $50,000 for disaster-related needs. Eligible applicants must be owners of qualifying businesses established before October 1, 2022, with satisfactory credit and in good standing with the State Corporation Commission. Businesses must operate within designated disaster areas in Virginia. Funding is available on a first-come, first-served basis. Learn more and apply.
| |
All programs of the Virginia SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. | |
Webinars from the Virginia SBDC Network | |
HAPPENING IN THE COMMUNITY | |
|
Join The Startup Series!
Wednesdays starting in October | 300 Preston Ave
Thinking about starting a company or enhancing your current venture? The Startup Series, starting in October, offers eight weeks of interactive sessions covering key topics like founding, intellectual property, and fundraising. Get hands-on experience and valuable insights every Wednesday at 4 PM EST. Don’t miss out—RSVP now! More Info Here.
| |
|
December 5 & 6 | 8:00 AM–4:00 PM | Weyers Cave, VA
The Virginia Cooperative Extension will host its annual Farm-to-Table Conference on December 5-6 at the Plecker Workforce Center in Weyers Cave, featuring two days of presentations and panel discussions from 8 a.m. to 4 p.m. each day. The event, co-sponsored by the USDA’s Natural Resources Conservation Service and the Virginia Soil Health Coalition, will explore the theme "Connecting Food, Farms and Health." Admission is $50 per person per session with an additional $20 charge for the reception. Learn more and register.
| |
|
|
Serv Safe Food Handler Course
December 7 | 12:00 PM | Catlett, VA
The ServSafe Food Handler Certification is a training program that covers essential food safety topics, including time and temperature control, sanitation, cross-contamination, and personal hygiene. Upon completion, students take a 50-question test to earn a nationally recognized certificate. Learn more and register.
| |
|
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.
Meet With Us
| | | | |
