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Central Virginia SBDC asks Louisa supervisors for $25,737 to continue small-business advising
Summary
Rosie Beachy of the Central Virginia Small Business Development Center presented the center’s 2023–24 client activity in Louisa and requested $25,737 from the county; supervisors said the outside-agency budget workshop tentatively approved the appropriation pending formal budget adoption.
Rosie Beachy, assistant director of the Central Virginia Small Business Development Center, asked the Louisa County Board of Supervisors on Feb. 3 to continue annual support of $25,737 to fund SBDC services for county small businesses.
Beachy said the Central Virginia SBDC provides free, confidential one-on-one advising, market and financial research, and connections to additional resources for businesses across nine counties and the city of Charlottesville. She told the board the SBDC tracked 148 Louisa clients in fiscal year 2023–24 and that Louisa businesses reported the highest number of jobs created among the rural counties the center covers. "Our office offers highly skilled assistance through our personnel and research capabilities," Beachy said.
Beachy explained that federal Small Business Administration funding is not fully guaranteed and that the SBDC receives no state funding from the Commonwealth of Virginia; roughly 41% of the center’s funding for the covered region comes from the ten municipalities it serves. The requested amount represents roughly $0.61 per resident in the calculation the center used.
A board member told Beachy the board held an outside-agency budget workshop earlier the same day and that the supervisors had tentatively approved the appropriation the SBDC requested; the board did not take a final budget vote in the meeting. Beachy left annual reports and copies of the SBDC annual report with the board.
