ICAP Information Sessions
Curious about how the Virginia SBDC helps support and accelerate innovation and commercialization of start-up businesses? The Innovation Commercialization Assistance Program (ICAP) will be offering two ICAP Information Sessions in the Shenandoah Valley on October 18, 2021 to explain just that. A 9:00am session is geared for anyone with economic development and business growth as their mission, and a 10:30am session is for the entrepreneurs and innovators who would directly benefit from ICAP services.
Thanks to the launch of new initiatives created in partnership with the Center for Innovative Technology, the Commonwealth Cyber Initiative, GO Virginia, and Virginia Bio, ICAP has expanded its services.
ICAP serves technology and innovation-based startups and entrepreneurs on the path from validating their business model and seeking funding, to securing customers and scaling. All ICAP programming is offered at no cost to the participant by the Virginia Small Business Development Center Network (VSBDC) and a team of experienced ICAP mentors that assist entrepreneurs throughout the startup journey (and beyond) with expert advice, connections, and resources.
LOCATION: Shenandoah Valley SBDC Offices, Harrisonburg Towers, 220 University Blvd. Please use the side entrance.
Black and Brown Owned Business Growth Program
The Black- and Brown-owned Business Growth Program (known as B-Cubed or B³), is an initiative of local partners from the Shenandoah Valley Small Business Development Center, City of Harrisonburg – Economic Development, Harrisonburg Downtown Renaissance, and Harrisonburg Rockingham Chamber of Commerce’s Diversity Council. The program provides business support to underserved members of our community with the goal of increasing business acumen, building business networks, and distributing grant money to invest in their businesses.
Assistance includes a mix of business plan development or improvement, marketing guidance, technical assistance, micro-loans, small grants, mentorship, and networking support, all delivered and customized to the businesses’ current needs.
The first cohort of participants included six entrepreneurs of established and newly started businesses located in both the City of Harrisonburg and Rockingham County. Assistance provided to businesses included:
- A deep dive assessment of needs and identification of next steps for success.
- Business counseling with a Shenandoah Valley Small Business Development Center business advisor to discuss goals, needs, opportunities for growth, and a path forward.
- Free design assistance and product photography.
- Appointments with business experts that offer coaching on topics ranging from marketing to bookkeeping.
- Potential for mini-grants.
- Pairing with existing Chamber of Commerce members to learn the benefits of Chamber membership and networking events.
The program is open to any existing Black and Brown owned business located within Harrisonburg or Rockingham County. Similarly, any Black or Brown individual residing within the community who is seeking to start a business in the Harrisonburg-Rockingham metro area is also eligible. A second cohort is expected to be assembled in late 2021.
Update as of 4/28/21