C-PEG Chamber Launches Application Period for Grow-MHC Commercial Program | Economic news

The Chamber Partnership for Economic Growth (C-PEG) is launching its application process for Grow Martinsville-Henry County (Grow MHC) for a new fall cycle.

Grow MHC, an entrepreneurial mentorship program with an intensive 4-week entrepreneurial boot camp program for growing businesses. The Grow MHC component is an add-on to Startup MHC, C-PEG’s program for entrepreneurs who are planning to start or have just opened a business.

The application process is competitive and requires applicants to agree to program guidelines. The application deadline is September 28 at noon.

Thanks to a grant from the Tobacco Region Revitalization Commission (TRRC) which leverages local funding, this is the first time CPEG has been able to expand its training to offer two sessions of the Grow Boot Camp. MHC the same year.

In addition to TRRC, C-PEG’s partners for this initiative include the City of Martinsville, Henry County, the Campbell Family Group, the George W. Lester, II Fund, and the Anonymous Fund through the Community Foundation Serving Western Virginia and the Patrick & Henry Community. Middle School. Appalachian Power is a sponsor of Startup and Grow MHC; American National Bank is the small business sponsor for Chamber and C-PEG events.

People also read…

Since 2015, when the initiative began as Startup Martinsville in downtown Martinsville with a community business start-up grant from the Virginia Department of Housing and Community Development, the geographic area has grown to include the entire footprint of Martinsville and Henry County with support from both local communities and private sector funding.

To date, the initiative has successfully graduated 283 people from its training program, awarded 58 companies over $302,350 in cash and in-kind funding. These companies created more than $4,356,000 in new capital investment and created 240 new jobs.

C-PEG partners with Patrick & Henry Community College to deliver the entrepreneurship training sessions as well as the Longwood Small Business Development Center, SCORE and the Martinsville-Henry County Economic Development Corporation and staff from the city ​​and county, local entrepreneurs and business experts.

C-PEG President Amanda Cox said in a press release, “Since the first class graduated in 2016, our community partners and Board of Directors have been committed to supporting the growth of small businesses. as part of our region’s strategic economic development plan, and we are cautious to continue to provide increased resources for our entrepreneurial talent in Martinsville and Henry County.

The application is available online at www.martinsville.com/grow.

For more information, contact Martinsville-Henry County Chamber of Commerce President Lisa Watkins with questions at 276-632-6401 or mhccoc@mhcchamber.com.

The Martinsville-Henry County Chamber Partnership for Economic Growth (C-PEG) is an independent, yet closely aligned charitable affiliate of the Martinsville-Henry County Chamber of Commerce. The C-PEG is responsible for financing and supporting the territory’s efforts to improve economic growth.

Comments are closed.