The Staunton Creative Community Fund today received a $96,500 federal grant, which is expected to provide technical assistance and training to small and emerging businesses in the city and surrounding localities. The grant takes effect July 1.
The Rural Business Enterprise Grant comes from the Virginia office of the U.S. Department of Agriculture Rural Development.
As part of its first major initiative, the Staunton Microloan Fund announced that it had awarded a $5,000 microloan to Charlie Cubbage, owner of Charlie’s Tool Repair, which repairs power tools for contractors, school districts and other businesses.
“This is a good time to invest in our small communities,” said Staunton Mayor Lacy King.
Rep. Bob Goodlatte (R-Roanoke), who helped facilitate the federal grant, was on hand for the announcement.
“With the awarding of this grant, and its partnerships with other entities, SCCF is building entrepreneurial develop-ment opportunities for emerging small businesses that will assist business owners working to turn their dreams into viable, sustainable parts of our local economy,” Goodlatte said.
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