The Town of Pembroke is finishing up an array of downtown improvement projects as part of the RALLY Southwest Virginia program. RALLY is a mini-grant program which provides a $3,000 award to communities in Southwest Virginia to implement a community development project through a team structure.
The Ride Smart Challenge wrapped up at the end of May and recorded a big impact in alternative transportation! Through the Ride Smart Challenge, residents logged 81,508 miles across more than 5,000 trips – an increase over last year’s participation.
At the New River Valley Regional Commission meeting on June 28th, the Board of Directors celebrated the contributions of three members leaving the board effective June 30, 2018.
The New River Valley Development Corporation’s revolving loan fund has over $40,000 available to lend to small businesses in the New River Valley. The loan fund helps small businesses to buy equipment, upgrade facilities, or secure working capital to expand their operations. Typical loans range from $10,000 to $20,000 or more, depending on the needs of the business and the type of collateral on offer.
The NRVRC is in the process of updating the New River Valley Comprehensive Economic Development Strategy (CEDS) document for 2018. The CEDS provides a review of economic data and conditions for NRVRC jurisdictions, identifies goals and strategies that help to addresses these regional issues, and prioritizes regional economic development projects that the region can undertake to achieve these goals.