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County economic development staff report 50 business retention visits in FY25, ask for case‑study outcomes
Summary
County economic development staff told the Economic Development Authority the Business Retention and Expansion program exceeded its FY25 target, completing more than 50 visits and identifying broadband and workforce as recurring business concerns.
Albemarle County economic development staff told the Economic Development Authority that the Business Retention and Expansion (BRE) program surpassed its FY25 goal, completing more than 50 outreach visits to local businesses.
Staff said the program is targeted at “primary” businesses — defined by staff as companies that generate at least 50 percent of revenue from outside Albemarle County — and that visits are intended to surface operational challenges and connect businesses with tailored resources such as workforce training, access to capital and state grant programs.
“We set a goal of 12 visits for the year and we’re proud to say we’ve conducted over 50,” staff…
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