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The original item was published from 7/29/2021 8:58:38 AM to 8/3/2021 1:30:42 PM.

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Posted on: July 29, 2021

[ARCHIVED] New Online Tool Helps Budding Entrepreneurs Develop Their Small Business

Norfolk is first city in Hampton Roads to offer online business development resource

NORFOLK, VA – Don’t wait until daylight to develop your new business!  StartGrowBiz is a new, online tool that will walk budding entrepreneurs through planning, launching, managing and growing their business.  

“As we think about economic inclusion and creating access and opportunity, the City of Norfolk is proud to offer a resource that’s available to entrepreneurs which takes their business from an idea to execution.   Sometimes the best ideas come at 2am and StartGrowBiz supports that,” said Aleea Slappy-Wilson, Chief Diversity Officer.  

StartGrowBiz’s four easy steps for business development feature helpful information with everything an entrepreneur needs for each stage.

  • Planning – developing business plan, conducting market research
  • Launching – Determining business location, opening business bank accounts
  • Managing – paying taxes, purchasing assets and equipment, marketing and sales
  • Growing – business mergers and acquisitions, exporting products, expanding

StartGrowBiz provides additional resources and support already available to small businesses in the Department of Economic Development.

“Economic Development is thrilled to lead the region and offer this online resource that will support our small businesses. The team’s experience working with entrepreneurs shaped StartGrowBiz and ensures we are providing the information an individual needs to develop a small business,” Jared Chalk, Director, Economic Development.

StartGrowBiz also serves as a one-stop shop for existing businesses by connecting established business owners to City contract opportunities.    Existing businesses are also encouraged to register with the Department of Economic Development for additional customized service and support.

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