Resource Round Up: Local Assistance for Small Businesses and Entrepreneurs
June 6, 2017

Resource Round Up: Local Assistance for Small Businesses and Entrepreneurs

HomeTown Bank Blog

If anyone has paid any attention to headlines in the local newspaper these days, they’d know that if you can count on Roanoke to have an abundance of one thing, it would be support for local businesses! Whether you’re a solo-entrepreneur running a food truck, a supercharged start-up, or simply a growing business, there are endless resources that are accessible in the Valleys. As a huge advocate of the budding local business scene, we decided to round up some of the top resources for any stage in your business venture.


RAMP (Regional Acceleration and Mentoring Program) – The recently developed Roanoke-Blacksburg Accelerator, located in Downtown Roanoke, provides classes to empower high-potential start ups to expand and create jobs in the STEM-H sector. From learning about how to run a lean start up to leadership bootcamp, these programs can educate business leaders to build a solid foundation for a bright future.

Virginia Western Community College – Our local, award-winning community college can provide management and entrepreneurship skills as well as training for trade skills for a variety of industries.

Roanoke Regional Small Business Development Center Current and future small business owners can receive free counseling from experts that have been helping businesses get off the ground for years. They offer a variety of workshops from Business & Marketing Basics to more specific topics like SEO and Social Media Management.

SCORE Roanoke This non-profit association provides free workshops and mentoring to businesses looking to get started or grow. They even offer webinars so you can learn from the comfort of your own office.

Planning & Advisory

Roanoke Regional Small Business Development Center – The SBDC’s counselors provide free business plan guidance in the Roanoke and New River Valleys.

HomeTown Bank Business Lender Our business bankers are always happy to lend an ear and offer advice when businesses are just getting started or simply looking to build capital and drive growth.

Municipalities – Many of the local municipalities provide key information and advice on local business data, codes and ordinances, and development zoning so that you can have all of your paperwork for your business and locations completed correctly as well as insights to the local market.

NRV Economic Development Alliance This economic development alliance provides local business data, business incentives, and guides on establishing a business in the New River Valley.

Office Space

CoLab Roanoke’s first co-working space has tiered levels for shared spaces or private offices.

The Hive This business incubator, supported by The Advancement Foundation, provides shared and private co-working space and business support at tiered levels.

GoWork Daleville The newest co-working space in the Roanoke Valley provides yet another option for tiered coworking spaces.

NRV Business Center This large office building provides access to varying sized offices, conference rooms, and training rooms.

Virginia Tech Corporate Research Center – The VT Corporate Research Center is dedicated to “Growing Businesses That Matter” by providing a facility of 33 completed building, 230+ acres, and the amenities needed to attract and retain quality employees.

Additionally, area commercial realtors like Hall & Associates, Waldvogel Commercial Properties, Poe & Cronk, MKB, Walker Commercial, Park Commercial Real Estate, Southview Leasing, and many others can certainly provide the expertise needed for leasing or buying space in our area.

Growth Management

Star Tank Roanoke Star Tank is a local competition, similar to Shark Tank, that allows people with marketable business ideas to make a presentation to local stars of business. Receive funds from private investors to boost your bottom line and manager your growth.

The Advancement Foundation This non-profit organization works to create opportunities for organizations that empower citizens and community development. Their yearly competition, The Gauntlet provides funding for organizations that support the community.

Virginia Small Business Financing Authority This organization serves as the financing arm of the Commonwealth of Virginia for business development. They offer loans directly to businesses and non-profits and team up with banks like us to provide more personalized lending processes.

Membership Organizations

Chambers of Commerce- Chambers of Commerce provide a wide variety of educational and support resources and opportunities for businesses to promote their name, network, and receive legislative support in local and state government. Below are a few of the top local chambers.

Roanoke-Blacksburg Technology Council – This business membership organization is niched for the technology sector in the region. They also provide educational opportunities, networking and business resources, and methods of marketing for businesses of all shapes and sizes in the tech industry.

The business bankers at HomeTown Bank are more than happy to sit down with any budding business to review a business plan, seek out funding opportunities, and guide them to more resources.Did we miss any? Leave a comment!

Best of luck! We can’t wait to watch you grow local with us!