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Community Business Launch (CBL) Grant is sponsored by Virginia Department of Housing and Community Development (DHCD). The Community Business Launch (CBL) is an entrepreneurial development program for startups and expanding businesses.
Local programs train entrepreneurs and small business owners in planning practices for small businesses, and at the end of the training, participants can pitch their business ideas for a chance to win grant funding and support services.
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COMMUNITY BUSINESS LAUNCH (CBL) | DHCD COMMUNITY BUSINESS LAUNCH (CBL) The Community Business Launch (CBL) is a place-based entrepreneurial development strategy that fills a critical mass of vacant storefronts with expansion or start-up ventures. Local CBL programs train entrepreneurs, creatives, and small business owners about business planning practices.
This training culminates in a group of finalists pitching their ideas to a panel of judges, with winners receiving grant funding and support services from the community to kick-start their new venture. While only a limited number of entrepreneurs may win the business competitions, the CBL gives rise to many budding entrepreneurs that have been prepared through the CBL grant to create or expand successful businesses.
A CBL program generates excitement while educating the community business opportunities for local people. A CBL grant from DHCD leverages other financial and in-kind resources to prepare multiple entrepreneurs to operate successful businesses, whether they win or lose the pitch competition. Additionally, many CBL grantees replicate the CBL strategy repeatedly without DHCD resources to amplify job and business creation.
When preceded by thorough market analysis and relentless outreach, then followed by ongoing business retention efforts, a CBL program is a key building block in a coordinated, comprehensive, and sustainable entrepreneurial eco-system of community-based entrepreneurs and small businesses at all stages of life.
Local governments (city, county or town), local or regional economic or industrial development authorities, or regional or local economic and community development organizations may apply for the funds. CBL FY27 Program Guidelines 600 East Main Street, Suite 300
According to the current listing, eligibility includes: Startups and expanding small businesses in Virginia. Confirm the full requirements in the official notice before applying.
Community Business Launch (CBL) Grant is funded by Virginia Department of Housing and Community Development (DHCD). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Virginia. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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