Central Virginia: CITY OF LYNCHBURG Welcome to the City of Opportunity!
N
estled alongside the Blue Ridge Mountains and the James River, Lynchburg is the third fastest-
growing city in Virginia. Lynchburg is a place where innovation, creativity and entrepreneurship are encouraged and cultivated. Businesses here are sustain- able, successful, and well supported by the community and local government. In fact, 10.9% more businesses renew their licenses in Lynchburg for 10 or more years compared to the national average. Despite continuous economic and population growth, the cost of liv- ing in Lynchburg is still 7% lo wer than the national average.
A booming mountain
community on the rise Each year, Lynchburg’s community continues to grow at a quick pace, rising more than 19% since 2000. T e city has also experienced a surge in entrepre- neurship, resulting in a 32.5% spike in
TechHire designation, a new initiative to expand models for workforce train- ing that quickly prepare citizens for available jobs in healthcare, advanced manufacturing and IT.
Incentives for
startups over just three years. In 2016, the Economic Development Author- ity launched a new entrepreneurship training program,
CO.STARTERS, and a digital video-based business re- source for entrepreneurs, LaunchedIn-
Lynchburg.com.
Embracing innovation
and technology Lynchburg was the fi rst city in Vir- ginia to earn the White House’s
expanding businesses Two Enterprise Zones, spanning 4,200 acres of commercial property, are the perfect destination for expand- ing businesses for two key reasons: accessible location and excellent business support. Businesses in these zones are eligible to receive state sup- port for job creation and real property improvement. And, if you’re looking to relocate to the City of Opportu- nity, we will work with you to create the environment your business needs to succeed through sensible tax and regulatory policy, and a comprehensive package of business support services and incentives.
Where businesses
and people prosper Learn more at:
www.OpportunityLynchburg.com
S14 AUGUST 2016 ADVERTISING
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