Lynchburg Using Grant Money to Bolster Economic Growth

As private businesses – web developers, consulting firms and employers – get involved, the programs’ end goal will be closer in sight to improve Midtown, help high school graduates find tech-sector jobs and enable local entrepreneurs

December 26, 2019 04:06 AM

By Jason Ruiter

News & Advance

The city’s Office of Economic Development is spending nearly a half-million in federal and state grant money awarded in the past six-months, opening entrepreneurs to $40,000 in prizes, cleaning up Midtown and developing the local tech sector.

Those grants are on top of designations from the White House National Economic Council and the McAuliffe administration to qualify for more grants and a successful agricultural grant that saw a shuttered factory in Midtown Lynchburg re-opened last fall with 15 employees as the new Seven Hills Food Company.

http://ads.bhmedianetwork.com/RealMedia/ads/click_lx.ads/workitlynchburg.com/news/1392760217/BottomLeft/default/empty.gif/474a51485a5659716262514143674756?x“We have successfully received a couple grants in the last year and they’re all from different places,” said Anna Bentson, assistant director for the Lynchburg Office of Economic Development.

The $460,000 awarded to the office and to its controlling board, the Economic Development Authority, adds to their dynamic toolbox of incentives by aiming to start the grant’s respective programs.

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