The Downtown Lynchburg Association has received $90,000 in state funding for Launch LYH, making it one of three groups statewide to receive funding for programs to train entrepreneurs.
The grants were announced by Gov. Glenn Youngkin.
The Commercial Business Launch program provides funding to offer training to entrepreneurs and conduct business plan competitions that align with local and regional economic development strategies, primarily in Virginia’s downtown commercial districts, according to the governor’s office.
The full list of groups receiving funds:
Launch LYH
Downtown Lynchburg Association
$90,000
Lovingston Community Business Launch
Nelson County
$45,000
Grow Waynesboro: Main and Wayne 2023
Waynesboro Economic Development Authority
$45,000