Charlottesville Economic Development Authority to review goal one of new strategic plan

Charlottesville’s Economic Development Authority will meet at 4 p.m. in CitySpace. Unlike Albemarle County, Charlottesville does not televise or record these meetings. (meeting info) (agenda)

Under new business, there will be two items related to the new Economic Development Strategic Plan recently adopted by the city. They’ll discuss Goal 1 and update on metrics toward its outcome.

“We will invest in entrepreneurship to grow a more diverse, equitable, and vibrant Charlottesville,” reads Goal 1. 

Under that goal there are seven strategies. All of these are direct quotes:

  • Partner to grow Charlottesville’s BIPOC and diverse businesses (LGBTQIA-, women-, and veteran-owned) through technical training, capital access, and networking (1.1)
  • Establish a one-stop resource hub (website/app) for support services, culturally sensitive resources, and how to navigate City processes (1.2)
  • Support home-based entrepreneurship and remote work (1.3)
  • Continue the Business Equity Fund (BEF) Loan program (1.4)
  • Explore the creation of a subsidized shared commercial space on or near the Downtown Mall (1.5)
  • Continue to support key partner [Entrepreneurial Support Organizations] with program funding (1.6)
  • Promote and tell the story of Charlottesville’s diverse entrepreneurs (1.7)

There are no advanced materials for this section and the meeting will not be televised. So if you want to know what happens, you’ll have to attend the meeting or wait for the minutes.

The five goals of Charlottesville’s Economic Development Strategy Plan developed by the firm Resonance (view the document) (Credit: City of Charlottesville)

Before you go: The time to write and research of this article is covered by paid subscribers to Charlottesville Community Engagement. In fact, this particular installment is from the August 12, 2024 Week Ahead edition of the newsletter.


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