Tag: small business grants

Start-up Bootcamps Help Entrepreneurs Find Seed Money for Businesses

A program meant to help West Virginians find seed money to start a business is looking for more participants.

The money is part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grant programs. The program has been referred to as “America’s largest seed fund” because it provides early-stage funding. The virtual workshops or “bootcamps” help entrepreneurs walk through the process of applying for federal seed money for their businesses.

Anyone can attend the bootcamps, but organizers will give priority to West Virginians. Counseling and guidance after the workshop is reserved for state residents only.

The goal is to increase the number of applications and awards to West Virginians. According to a news release, participants in the workshops will learn what’s involved in developing a proposal, identifying opportunities, preparing to write a grant, best practices and how to register.

The program is a partnership between TechConnect West Virginia, the West Virginia Small Business Development Center and the West Virginia Hive with the Small Business Administration’s Federal and State Partnership.

The partnership in SBA’s FAST (Federal and State Partnership) Program to promote SBIR-STTRs began in the fall of 2019. The first bootcamp was held in November 2019. Since then, there have been a total of 20 bootcamps with 618 participants.

This year’s virtual education, research-focused workshops will begin at 3 p.m. on Thursday, Aug. 5. You can find more information, or to register for the free, virtual workshop, at TechConnect’s website.

Grants for Flood-Harmed Businesses Reach $363K

West Virginia has approved $363,400 in grants to help 45 small businesses recover from damaging floods in June.

Commerce Secretary Keith Burdette gave the update on the state’s RISE West Virginia program Monday during a legislative meeting.

Burdette says the grants impact 287 jobs.

Burdette says 222 businesses in 11 counties have applied, including 89 in Greenbrier County, 50 in Kanawha and 42 in Nicholas. Applications are being processed.

Last week, Gov. Earl Ray Tomblin awarded almost $200,000 to 23 Greenbrier businesses. They ranged from $2,000 to $10,000 per business.

Tomblin set a minimum $2 million goal through private donations and state money.

Burdette says a company donated $500,000 in office furniture for affected businesses.

The June 23 floods killed 23 people and damaged homes, businesses and infrastructure.

Exit mobile version