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Aug. 28, 2017 – Gov. Terry McAuliffe announced that START Peninsula, a regional program to foster entrepreneurship, will receive $20,695 in state Building Entrepreneurial Economies grants.
START Peninsula began in 2012 as an informal entrepreneurial startup event held in the fall and produced by the Peninsula Technology Incubator. The now-annual event helps start-up businesses and entrepreneurs refine their pitches and compete for prizes that include cash as well as business counseling, office space and other assistance. It is funded by the cities of Hampton, Newport News, Poquoson, Williamsburg and the counties of James City and York.
The state grant will go toward year-round educational programming to help people refine their businesses aspirations, both small businesses and entrepreneurs. According to the grant application, the goal is to “create greater public awareness of the peninsula's entrepreneurial community network and the infrastructure available to cultivate and support nascent and early-stage entrepreneurs.”
“Targeted public sector grants, partnered with private sector investments, can be incredibly helpful in bolstering an enhanced entrepreneurial ecosystem in Virginia,” said Secretary of Commerce and Trade Todd Haymore. Six other programs statewide also received grants.
The three new programs will include:
Virginia Peninsula Chamber of Commerce will run the youth program, and Thomas Nelson Community College will provide the adult trainings. This year’s START Peninsula event will be Nov. 3-5 at the Stryker Center in Williamsburg. For more information, go to http://www.startpeninsula.com