The Community Business Launch (CBL) assists communities in taking a systems approach to defining and pursuing their small business development strategy. The program starts with a community’s unique vision for its future and then uses a local business competition to find and foster the entrepreneurs that connect with that vision.

The Federal Tax Cuts and Jobs Act of 2017 included provisions for a new revitalization tool, the Opportunity Zone and Opportunity Fund. The zones and funds will allow investors to receive tax benefits on currently unrealized capital gains by investing those gains in qualified Opportunity Zones.

The Resilience Partnership (RP), whose purpose is to re-invent the region around a shared understanding of how to live with water, in response to on-going environmental changes.

VIDA encourages saving and improving personal financial management by providing matching funds for qualified individuals saving for a specific purpose, such as homeownership or business start-up.

The Virginia Main Street program is an economic and community development program that offers a range of services and assistance to meet the many needs of communities interested in revitalization.

The Virginia Small Business Resiliency Fund (VSBRF) was created to provide fundingto existing Community Development Financial Institutions (CDFIs) and emerging CDFIs.VSBRF seeks to build capacity in these organizations to create programs and products thatincrease access to capital and technical assistance forunderserved COVID-19 impacted businesses in the Commonwealth.