The Commonwealth of Virginia and Federal Governments as well as other organizations offer many opportunities for new and existing businesses to receive counseling, technical assistance, training support, and much more. Here is a partial list of available resources:
On the Job Training – Virginia Workforce Network through the Western Virginia Workforce Development Board
Key points…Participants are employed and trained in their occupation by the employer and the employer is reimbursed up to 50 percent of the wage rate for a specified period of time.
CONTACT: Jake Gilmer, Acting Executive Director, 540-562-8442 or firstname.lastname@example.org
Virginia Economic Development Partnership (VEDP) – The mission of the Virginia Economic Development Partnership is to enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities. To fulfill this mission, the partnership focuses on cultivating new business investment, fostering international trade growth and encouraging the expansion of existing Virginia businesses.
Virginia Jobs Investment Program – Supports companies that have 250 employees or few and must create a minimum of five new jobs
within 12 months with $100,000 of new investment paying a minimum entry-level wage rate of $10 per hour. CONTACT: Debbie Melvin, 804-921-0002 or email@example.com. http://www.yesvirginia.org/AssetRich/VJIP
VEC Work Opportunity Tax Credit – The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. WOTC joins other workforce programs that incentivize workplace diversity and facilitate access to good jobs for American workers. The list includes:
• Unemployed Veterans (including disabled veterans)
• Temporary Assistance for Needy Families (TANF) Recipients
• Long-Term Temporary Assistance for Needy Families (TANF) Recipient
• Food Stamp (SNAP) Recipients
• Designated Community Residents (living in Empowerment Zones or Rural Renewal Counties)
• Vocational Rehabilitation Referred Individuals
• Supplemental Security Income Recipients
• Summer Youth Employees (living in Empowerment Zones)
The WOTC program’s legislative authority for all WOTC target groups expired on April 30, 2015 for all 2014 applications. As a result, the program is currently undergoing an authorization lapse. The WOTC unit will adhere to the following procedure until there is further legislative action and guidance relating to the program: The WOTC unit will accept and retain certification requests for employers’ new hires made on or after January 1, 2015. Eligibility certifications will NOT be issued, however, unless the program is reauthorized.
CONTACT: Kathy Holcomb, 540-204-9660 or Katherine.Holcomb@vec.virginia.gov
MidAtlantic Trade Adjustment Assistance Center (MATAAC) - If your company is facing import competition, MATAAC's team of experienced professionals can recommend and implement strategies to strengthen your competitiveness. To qualify, businesses must manufacture or process a physical product and experience:
- A decline in dollar or unit sales of a major product line
- A decline or impending decline in employment
- A growing import
CONTACT: 1-800-566-7522 or firstname.lastname@example.org http://www.mataac.org/
The Roanoke Regional Chamber - Established in 1890, the Roanoke Regional Chamber serves its 1,400 members by providing leadership, advocacy, and action that continues to help the Roanoke region achieve its potential as a desirable place to live, work, and visit. CONTACT: 540-983-0700 or http://www.roanokechamber.org/
Roanoke Regional Partnership - The Roanoke Regional Partnership is the regional economic development organization responsible for marketing the region to prospective business and industry. The Partnership is a leader in economic and demographic research, leveraging regional economic development assets and branding, and implementing creative economic development programs and policies. CONTACT: 540-343-1550 or http://www.roanoke.org/
Service Corps of Retired Executives (SCORE) - The SCORE Association is a resource partner with the U.S. Small Business Administration, and is dedicated to aiding in the formation, growth, and success of small businesses nationwide. SCORE provides small business mentoring and advice on a full range of business topics CONTACT: 540-857-2834 or http://roanoke.score.org/
Small Business Development Center (SBDC) - The Virginia Small Business Development Center represents the most extensive business development program in the Commonwealth. Regional SBDC’s provide high-quality, in-depth business counseling and training services to help grow and strengthen Virginia's businesses. The information, management counseling, and technical assistance services of the VSBDC professional staff are provided at no charge, or a nominal fee may be charged for training workshops. CONTACT: Roanoke Regional Small Business Development Center at 540- 983-0717 or www.rrsbdc.org
Total Action For Progress
Business SEED Capital Inc.
The Business Seed program offers three primary services: small business financing, one-on-one business counseling, and small business classes. CONTACT: (540) 777-HOPE or http://www.tapintohope.org/BusinessSeedCapital.aspx
U.S. EPA Small Business Resources
The United States Environmental Protection Agency provides an array of resources, including workshops, training sessions, hotlines, websites and guides, to help small businesses understand and comply with federal and state environmental laws. In addition to helping small businesses understand their environmental obligations and improve compliance, these resources will also help such businesses find cost-effective ways to comply through pollution prevention techniques and innovative technologies. CONTACT: 1-800-368-5888 or http://www.epa.gov/smallbusiness/
Virginia's Center for Innovative Technology (CIT) - This state-chartered, nonprofit corporation is dedicated to building Virginia's future through technology innovation. The CIT provides access to technology expertise, expands Virginia's R&D and technology infrastructure and creates collaborative environments to advance Virginia's technology future. CONTACT: 703-689-3000 or http://www.cit.org/
The Virginia Economic Development Partnership (VEDP) Office of International Trade - This office promotes international trade for companies throughout Virginia, with a mission of increasing the number of Virginia companies selling overseas as well as their volume of international business. Assistance is provided to both new and experienced exporters as they seek to enter new international markets. Services include identifying potential new markets and market research, developing market entry strategies and identifying potential distributors for products and services at reduced costs. CONTACT: 804-545-5754 or http://exportvirginia.org/
VT KnowledgeWorks - This is a regional business acceleration center serving technology-based enterprises at all stages of the corporate lifecycle. It provides services for both pre-launch businesses as well as more established businesses, with events, retreats and ongoing programs to help entrepreneurs launch, develop a business plan, raise capital and meet business challenges. VT KnowledgeWorks has conference and incubation facilities located in the Virginia Tech Corporate Research Center and provides a free initial consultation to help entrepreneurs decide which of the services offered might be best for them. CONTACT: 540-443-9100 or http://vtknowledgeworks.com
For More Information
If you have any questions or would like more details, please contact the City of Salem Planning & Economic Development Office at 540-375-3007.