Fueling the Growth of Small Business and Entrepreneurs
Small businesses and Entrepreneurs are an integral part of the Newport News economy; bringing new jobs, innovative ideas and new products to our area. The City offers a variety of services to new and existing small businesses and Entrepreneurs, including programs of financial, information and technical assistance. Whether you are looking to start, grow or finance your small business, we have a list of incentives below and more resources and contacts following that.
- Consumables Transitioning Grant (CTG) Program
- Commercial Rehabilitation Property Tax Abatement
- Enterprise Zones
- Facade Improvement Grant (FIG)
- Industrial Revenue Bonds
- Low-Interest Business Loans and Grants
- Residential Property Tax Abatement
- State Incentives
- Technology Zone
- Staring a New Business in Newport News
- Retail Development Strategy
Resources for Small Businesses and Entrepreneurs
Newport News Department of Development
Expands/diversifies the City’s tax base by attracting new businesses and is also responsible for creating new jobs, retaining existing jobs and helping existing businesses to expand.
Center for Innovative Technology
CIT seeks to close innovation gaps in the Commonwealth and the nation by focusing on new technologies, entrepreneurs and technology companies that make innovation happen.
Future of Hampton Roads – Mentoring for Emerging Companies
A new program in conjunction with Future of Hampton Roads, designed to provide an advanced level of expertise and support to Entrepreneurs and businesses
Hampton Roads Procurement Assistance Center
Exists to assist area businesses in establishing themselves to bid competitively on federal, state, and local government contracts.
Hampton Roads Small Business Development Center
Contributes to the growth and development of the economy by providing management, technical and other assistance and information to the Hampton Roads region’s small business community.
A nonprofit association dedicated to educating entrepreneurs and helping small business start, grow and succeed nationwide.
Member-driven association which promotes the healthy growth of retail merchants throughout Hampton Roads and Northeastern North Carolina.
U.S. Small Business Administration (SBA)
Provides support to small businesses and small-business owners across the nation.
Virginia Department of Business Assistance One Stop
Virginia’s Business One Stop was launched in May of 2008 to assist entrepreneurs in obtaining the information and completing the steps required to register their business.
Virginia Department of Business Assistance Small Business Seminars
Offers numerous workshops on starting your business and growing your sales, as well as training on social media and using the iPad for business, financing programs and workforce incentives
Virginia Peninsula Chamber of Commerce
Advocates and supports the economic and business interests of the Virginia Peninsula and the Region and believes that more can be accomplished on behalf of business and the community through collaboration, communication and cooperation.
Who To Contact
General questions and information
Sam Workman, Assistant Director of Development
firstname.lastname@example.org (757) 926-8428
Questions, information and expansion opportunities for existing Newport News businesses
Matt Johnson, Business Retention Coordinator
email@example.com (757) 597-2840 x3
Permitting and project technical assistance
Chris Morello, Administrator of Development Projects
firstname.lastname@example.org (757) 926-3795
Business incentive programs
George Schraudt, Economic Analyst
email@example.com (757) 597-2840 x 6
Low-interest loan and matching grant programs
Tricia Wilson, Business Development Specialist
firstname.lastname@example.org (757) 926-3793
Site selection assistance
Robin Boyd, Marketing Coordinator
email@example.com (757) 597-2840 x1