Our companies benefit from innovation, flexibility, and the focus of professionals who want business to thrive. Our objective is to quickly provide emerging small businesses with assistance and business solutions. We’ll do what we can to help you ourselves, and we will provide points of contact to outside resources. If you have been looking for a way to navigate starting a business in Augusta County, visit our handy guide here.
Augusta County Small Business Loan Fund
In partnership with the Staunton Creative Community Fund, we offer loans ranging from $1,000 to $10,000 to qualified individuals with an approved business plan. Review the loan fund application below, and contact us at 540-245-5619 with questions.
Small Business Development Center (SBDC)
We encourage you to contact the Small Business Development Center to begin your planning process or help your business grow. The SBDC offers no-fee consulting and other services through its offices in the Augusta County Government Center for any business wanting to start, plan, or grow.
Located on the lower level of the Augusta County Government Center, anyone can utilize the services of the SBDC – living in Augusta County or wishing to start a business in Augusta County is not a requirement. The SBDC serves the counties of Augusta, Rockbridge, Bath, Highland, Rockingham, and Page and the cities and towns within.
The SBDC offers consultation by appointment for new as well as established businesses. Typically, appointments are arranged on Tuesdays and Fridays between the hours of 8am and 5pm, but other options may be available. In addition, the Small Business Development Center often has free or low-cost workshops at the Augusta County Government Center. The Start Smart workshop series is a particularly good series for new business owners.
To learn more about Start Smart and all SBDC resources, visit the SBDC Website at www.ValleySBDC.org. To schedule an appointment, call the SBDC’s main office in Harrisonburg at 540-568-3227 and specifically ask for an appointment at the Augusta County Government Center.
Shenandoah Valley Angel Investors
Shenandoah Valley Angel Investors (SVAI) is a network of private investors that help fund entrepreneurial enterprises located in our communities. SVAI’s founding members have broad experience, spanning multiple market sectors, including: Manufacturing, Healthcare, Construction, Public Accounting, Outdoor Recreation, Legal, Senior Assisted Living, Insurance, Distribution and Logistics, Agriculture, Commercial Real Estate, Property Management, Government and Technology.
SVAI’s primary interest is Start-Up/ Early Stage business ventures with funding needs in the range of $50,000 to $300,000 that leverage technology to create a new product or service. A review committee assesses and ranks business proposals based on several factors, including: market potential, scalability, new job creation, intellectual property, competition, management team, business acumen, capital intensity and potential return on an equity investment.
SVAI’s members meet once a quarter to hear presentations by the top ranked business proposals and determine if they want to invest. The investment decision is solely up to each investor in the network.
To learn more about SVAI, contact George Pace at firstname.lastname@example.org.