Frequently Asked Questions

No, the requirement is for the business location to be in Campbell County.

Certainly, as long as you are still meet the eligibility requirements. Let us know you would like to be reconsidered and we'll advise you on ways the application could be improved to increase your chances that cycle. Just a minor adjustment could be all you need to succeed at the next cycle! You don't have to start from scratch.

Campbell County wants your business to succeed and your application to succeed! The template helps to ensure you are including the information the Review Committee will want to know before awarding the grant and creates a fair and level playing field for all participants.

If you would like help with the financial forms, we recommend making a (free) one-on-one appointment with an SBDC advisor or attend a bookkeeping-focused workshop as one of your required classes. Additional small business resources are available at any of the Campbell County library locations as well. Kristina Smith, Economic Development's Business Programs Coordinator, is another great resource for help with any of your application paperwork. Email Kristina Smith

There are no restrictions on how you spend the grant. You do not have to submit any expense reports. The grant money is yours to spend as you see fit. We expect all the steps required in the application process (writing a business plan, attending business management training) will guide you make responsible decisions.

A Grant Review Committee will review all submitted applications and score them according to the Scoring Guide. Businesses must meet a minimum scoring threshold on the scoring guide (PDF) and then final determination of awards will be decided by consensus of the Grant Review Committee.

First and foremost, a successful application must be complete. Incomplete applications will not be reviewed.

Attend the cycle's Info Session to see a sample business plan that meets the scoring threshold, learn more about what specifics reviewers want to know when scoring, go through how to complete the financial documents and ask any questions (general or specific to your business).

The SBDC-Lynchburg Region can provide free, confidential guidance on developing an effective business plan including developing the required financial documents. The SBDC offers a one-page business planning class. That class and the SSCG Informational Session can be great starting points for your business planning.

The Spark Innovation Center in Altavista is another resource for area entrepreneurs. Spark offers business training classes that qualify for the required training and Autumn Evans, Business and Community Engagement Coordinator for the Town of Altavista, is an approved reviewer for the required Business Plan Review.

Reach out to the Economic Development department with any additional questions at 434-332-9595 or email the Economic Development Office.